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China’s complexities prove beyond Bolton

Anthony Bolton told the investing public in April 2010 that running money in China would be the most exciting chapter of his life. It is a view he maintains as he prepares to hand over the Fidelity China Special Situations investment trust to a new manager.

“I don’t regret it. This chapter on China is the most interesting thing I’ve done,” Bolton said on Monday after announcing he would step down in April.

The trust, promoted to private investors in 2010 on the back of Bolton’s stellar reputation and record, has underperformed its benchmark and peers.

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