Fidelity

Fidelity Worldwide Investment has named Raymond Ma (pictured) as lead manager on the group's offshore $391m Greater China fund.

Fidelity is to rename Aruna Karunathilake's £167m UK Aggressive fund to better reflect its investment style.

Fidelity's Ian Spreadbury has revealed how he would cope with a sudden round of redemptions if demand for corporate bond funds reverses.

Fidelity's Anthony Bolton has moved to reassure investors now is the perfect time to be in the Chinese markets, as hedge funds withdraw from the region and short-sellers move in.

Anthony Bolton has said he expects to see more positive news emerging from China later this year after a fall in inflation left the authorities with more flexibility to boost growth.

Fidelity Worldwide Investment is to add unbundled share classes for discretionary advisers to a dozen funds in its range.

The continued squeeze on liquidity in the corporate bond market could lead to the closure of larger funds to investors and even cause parts of the corporate bond and gilt markets to shut down.

Sanjeev Shah has stepped down as manager of Fidelity's Special Values investment trust, after requesting to be taken off the mandate.

A number of fund providers are supporting the split of the Absolute Return sector into sub-categories based on strategy, which could see many vehicles in the Unclassified and Specialist sectors moved into the new groupings.

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