Anthony Bolton Returns To Fund Management
26th November 2009 -
Anthony Bolton, arguably the most successful investors in Europe of his generation and certainly most famous fund manager in UK, has decided to get back to work just two years after stepping down from a glittering fund management career.
Bolton made his fame as shrewd manager of Fidelity’s top-performing Special Situations fund, earning an average annual return of 19.5%, compared to 13.5% for the FTSE All-Share index.
Bolton is relocating to Hong Kong and will manage a fund focused on China. Writing to Financial Times, Mr Bolton revealed that a recent tour of China had rekindled his desire to manage money. Bolten says, ‘I have become increasingly excited by the prospect of managing a portfolio investing in the tremendous growth potential of China.
Many Investors like Bolton are choosing to move to Asia to be close to what they see as a growing investment opportunity, especially compared with heavily indebted Western economies.
