Bolton to run China trust until at least 2013

Fidelity veteran Anthony Bolton has committed to run his China Special Situations trust until at least April 2013.

Bolton, who initially gave a minimum two-year commitment to running the trust, has now given his legions of loyal investors a further boost by agreeing to at least an additional year. With the trust set to issue more shares in the New Year to meet huge client demand, the esteemed manager has told the board of his intention to run the fund for a minimum of another two and a half years. Bolton's Fidelity China Special Situations trust reported a 7.7% rise in NAV from launch on 19 April to 30 September, well ahead of the 1.4% rise for the MSCI China Index. "It's great to have my feet ...