Anthony Bolton has taken out a £65m gearing facility on his Fidelity China Special Situations trust as the manager wastes no time in accessing the region's equity markets.
Fidelity Asian Values has introduced gearing for the first time since September. The £120m trust has drawn down $9m of a $15m loan facility it arranged ING Bank in February.
Octopus Investments has hired former New Star and Fidelity manager Thierry Serero as it prepares to launch a European Absolute Return fund.
Anthony Bolton's Fidelity China Special Situations trust has raised £460m in one of the UK market's most successful fund listings for 20 years.
Fidelity manager highlights high-yield corporate debt as area of value in market
Fidelity UK managing director Gary Shaughnessy has urged the industry to focus on the implementation phase of the RDR to ensure costs are kept down and advisers emerge better equipped to deal with the UK's savings gap.
Historic decision is expected to improve the prospects for many US biotech and pharmaceutical companies
As the deadline approaches for subscriptions into Anthony Bolton's much-anticipated Fidelity China Special Situations investment trust, IFAonline and Investment Week bring you more than 20 of the legendary stock picker's favourite investment quotes.
Fund managers have hailed the approval of a landmark healthcare reform bill in the US as a significant step in removing the uncertainty that has plagued the sector for the past two years.