Fidelity

IMF urges China to bring state-owned banking sector into line with international practices

ON ASIA

DEFLATION

My base case scenario for Europe remains the same, although my confidence in this has reduced.

Fidelity China Special Situations manager Anthony Bolton said the next 12 months should be a defining period for the country. In his view, investors will start to realise China is "not a house of cards that is going to collapse" and they will hopefully...

Speaking to investors today following the six-month results of his Fidelity China Special Situations trust, Anthony Bolton explained why the trust has struggled, with net asset value falling 29% over the six months to 30 September.

Legendary investor Anthony Bolton has said his optimism on China has been "severely tested" after the sell-off in September hammered share prices, while his trust saw its NAV fall 29% over the last six months.

BIG INTERVIEW

Fidelity manager discusses the growing risk of another UK recession, the European debt crisis, and prospects for global government bonds.

Fidelity's asset allocation director Trevor Greetham has bought Italian government debt at the margin in his multi-asset portfolios in expectation of ECB intervention, after yields spiked to record highs.