Portfolio managers must become "experts" in the progression of the ongoing coronavirus pandemic, tracking its spread as well as global responses to it, if they are to manage money successfully through this crisis, according to Fidelity's Anthony Bolton.
The veteran investor, who has seen numerous crises since starting his investment career in 1979, offered tips and insighst to investors in a call hosted by Fidelity on Thursday (23 April). Bolton, who previously managed Fidelity Special Situations and now has a board position with the firm, returned to personal investing earlier this month amid the "opportunities" arising from the pandemic. He advised those on Thursday's call to "become, as much as they can, experts about the pandemic; about its progress across the world, about drug developments, about… lockdown measures… [and] how we...
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