Fidelity

Fidelity has plans to cap its newly launched UK Opportunities fund at around £250m to enable manager Alex Wright to continue to manage the portfolio effectively.

J.P. Morgan and Fidelity are planning to gain trust company licences in China, along with many overseas firms seeking to profit from the light regulatory environment in which the vehicles operate.

Anthony Bolton's Fidelity China Special Situations trust has raised its target of £166.25m with its latest C-Share offer.

Fidelity's Sanjeev Shah has reduced his weighting to overseas equities in the £3bn Special Situations fund in favour of domestic large caps.

The Indian equity market has fallen 18% and seen a $1.5bn outflow of foreign investment since the start of the year as inflation fears drive investors back to developed markets.

The Fidelity China Special Situations fund is set to issue further C-Shares worth up to £162m following an overwhelming vote by shareholders in favour of the move.

Fidelity is changing the investment parameters of its £182m Fidelity Global Inflation Linked Bond fund, allowing manager Andy Weir to reduce average duration.

CHINA CLIMBS THE WALL OF WORRY

Some of the biggest Chinese investors in the investment trust universe have clashed over whether the country is in bubble territory.

IFAs think Global Emerging Markets will be the top performing IMA sector in 2011 - a year which will see equities trump bonds.