Fidelity's Anthony Bolton has predicted a turnaround in China next year as the economic cycle shifts in the country's favour.
Investor confidence in the outlook for China's economy has surged to a three-year high, according to the BofA Merrill Lynch Fund Manager Survey for November.
Fidelity's Anthony Bolton has conceded his China Special Situations trust has endured another 'disappointing' six months, but he is hopeful the upcoming leadership election could provide a boost to returns.
Fidelity's veteran investor Anthony Bolton said analysts predicting a shock fall in Chinese GDP growth will be proved wrong in the coming months.
The gearing and mid/small cap bias of Anthony Bolton's Fidelity China Special Situations trust have raised questions over its suitability for retail investors, Winterflood Securities has said.
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's legendary fund manager Anthony Bolton has admitted his China Special Situations trust is 'not where I had hoped to be' after the NAV fell 18.5% for the year ended 31 March 2012.
Anthony Bolton is to extend his tenure as manager of Fidelity China Special Situations until at least April 2014.