Anthony Bolton's Fidelity China Special Situations investment trust will join the FTSE 250 index on 18 June.
The investment trust raised £460m during its initial public offering in April this year, making it one of the most successful emerging market fund launches in more than 20 years. Bolton says he has been travelling extensively and meeting a large number of companies in China since launching the fund. "I have been able to make the most of the market correction to purchase companies at attractive valuations and have now fully invested the proceeds from the IPO," Bolton says. "My enthusiasm for China after three months in the region is unstinted and I still believe it remains one of the ...
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