Fidelity

Fidelity's Anthony Bolton is set to retire next year, bringing to an end his 30-year career in fund management.

The era of easy money may continue for another two years despite US Federal Reserve chairman Ben Bernanke's 'bombshell' announcement last month, according to Fidelity's Ian Spreadbury.

Fidelity's Ian Spreadbury has warned the UK economy would be unable to handle higher gilt yields, and expects incoming governor Mark Carney to push for more stimulus to keep prices stable.

Nearly five years after the worst of the financial crisis, the global economy still faces huge challenges.

THE BIQ QUESTION

A look at what might be on the regulatory horizon for wealth managers was a story which caught our readers' attention this week.

Ian Spreadbury's £3.5bn Fidelity MoneyBuilder Income fund has widened its remit to allow the manager to buy non-sterling corporate debt in a move to boost liquidity and performance.

Fidelity Worldwide Investment (FWI) is to expand its range of FAST funds with the launch of a US portfolio for manager Adrian Brass as it moves to create a US equity research desk that can "rival anything in London".

We are not even halfway through the year but already one of the big themes emerging for 2013 is the sheer number of prominent funds which have been soft-closed owing to capacity constraints.

Andrew Bell, chairman of the Association of Investment Companies (AIC), has warned many boards have not moved quickly enough to reduce charges on their investment trusts.