Fidelity

Sanlam Private Investments (SPI) has reaffirmed its ‘sell' recommendation on Richard Wilmot's £2.1bn Newton Higher Income fund, arguing its recent overhaul has made the fund a less attractive option for income seekers.

Emerging markets have had a torrid summer, as the threat of a slowdown in China and the possibility of QE tapering in the US weighed heavy on investor sentiment.

Anthony Bolton is backing one of his unlisted stocks to make significant returns for shareholders in his Fidelity China Special Situations trust later this year when it lists on Hong Kong's main market.

Fidelity's Trevor Greetham, who heads up the firm's tactical asset allocation team, has cautioned returns on emerging market equities will continue to disappoint as US monetary policy normalises.

A number of big name fund managers have been flagged by Bestinvest's latest infamous list of "dog funds", which names and shames the worst performing funds available to UK investors.

Outgoing manager Anthony Bolton talks to his successor Dale Nicholls about the future strategy of the Fidelity China Special Situations investment trust.

Skill or luck?" the marketing director of an asset manager asked me recently about a former top fund manager he has worked with.

GOSLING'S GROUSE

Over the past month losses have racked up across bond sectors after comments from the Federal Reserve signalling the end of quantitative easing spooked global markets.

Fidelity's Anthony Bolton has blamed US-listed Chinese firms for the poor performance of his Fidelity China Special Situations trust, on top of a falling market.