High valuations have made many wary of the UK market, but Alex Wright, manager of the Fidelity Special Situations fund, insists there are still plenty of unloved opportunities.
Antony Bolton's £610m Fidelity China Special Situations trust returned 8.42% in the three months to 31 December, compared to the MSCI China return of 1.5%, according to latest figures.
Fidelity Worldwide Investment's UK managing director Hugh Mullan is to step down in April, Investment Week can reveal.
A large proportion of funds in the IMA UK Smaller Companies sector have failed to produce alpha over the long term, amid a strong rally in small-cap stocks.
Direct-to-consumer platform Strawberry Invest has launched today, with an annual platform charge of 0.40% on the first £50,000.
Fidelity Worldwide Investment is set to launch a new equity index range in March, available to the adviser market exclusively through FundsNetwork with fees starting at 0.09%.
Fidelity Worldwide Investment's John Clougherty has said the group would not price its active equity funds as low as 30bps, following news Hargreaves Lansdown has secured funds for that price on its new Wealth list.