Fidelity and Abrdn China funds agree to merge
28th Nov 2023 11:12
(Sharecast News) - Fidelity China Special Situations (FCSS) announced an agreement with Abrdn China Investment Company (ACIC) on Tuesday over a proposed combination of the two entities.
Read moreFTSE 250 movers: Weir Group and Serco pace gains amid bargain hunting
26th Feb 2020 15:19
(Sharecast News) - London's second-tier index finished in the red yet again as investors took stock of the Chinese coronavirus's continuing spread globally and after the US Centers for Disease Control and World Health Organisation called for measures to be put in place immediately to break its advance.
Read moreTuesday newspaper share tips: Fidelity China Special Situations, Essentra
22nd Nov 2016 14:33
(ShareCast News) - Fidelity China Special Situations rode the wave of Chinese consumption growth higher this year, vindicating the original strategy put in place by Anthony Bolton and is now a buy, according to The Times´s Tempus. Unfortunately, success required that investors remain patient, with t
Read moreFidelity China trust proposes policy shift as NAV held flat in stormy market
2nd Jun 2016 10:20
(ShareCast News) - Fidelity China Special Situations' upped its dividend by more than a third after maintaining net asset value over the year to end-March, a major outperformance of its benchmark during a hugely volatile period. The FTSE 250-listed investment trust also proposed changing its investm
Read moreFTSE 250 movers: Ocado keeps falling, Allied Minds lifted by paper tip
4th Jan 2016 14:10
(ShareCast News) - With less exposure to international companies than the blue chip benchmark, the FTSE 250 index was down 1.5% by mid afternoon, compared to the 2%-plus dip of the FTSE 100. Worries about China were the cause of the widespread losses in London, Europe and the US on Monday, but the U
Read moreFTSE 250 movers: Index moves sideways despite mining losses
18th Aug 2015 14:23
(ShareCast News) - The FTSE 250 ambled sideways on Tuesday, with falling shares of a host of miners balanced by better than expected inflation data from the Office for National Statistics. At 1515 BST, London's mid-cap index was up 13 points at 17,622.1. Cairn Energy was the major faller, as shares
Read moreFTSE 250 risers: Fidelity China tracks PRC stock gains, Brewin pops higher
10th Jul 2015 14:29
(ShareCast News) - London's second-line equity index was up more than 1% not long before the end of the Friday session, led higher by a diverse array of companies. Following China's record two-day stock market gain, Fidelity China Special Situations tracked these gains and marched rapidly back up to
Read moreLondon midday: Stocks hold near highs as traders monitor Greek situation
10th Jul 2015 11:44
(ShareCast News) - Stocks were holding near their best levels of the day as traders waited for the Greek parliament to vote on their Prime Minister's bailout proposal and monitored the news flow to see if Germany would allow debt-relief. There was uncertainty early on Friday over how European leader
Read moreLondon close: Footsie bounces back, small caps underperform
9th Jul 2015 16:50
A motley assortment of airlines, financials and homebuilders paced gains on Thursday, after a bounce in Chinese stockmarkets relieved some of the recent selling pressure. Nevertheless, China and Greece were not far from traders' minds, particularly the latter ahead of fresh reform proposals from of
Read moreFTSE 250 movers: FirstGroup surges on higher profits, oil stocks higher
10th Jun 2015 13:26
Mid-caps inched higher on Wednesday, led by gains across mining, oil and transport stocks. As of 15:30 BST, the FTSE 250 was trading 0.7% higher at 17,966. Transport operator FirstGroup saw annual profits rise in 2014, as its improvement plan delivered higher margins in its US and UK bus divisions.
Read moreFTSE 250 movers: Al Noor Hospitals hit by downgrade, energy stocks lower
30th Mar 2015 13:33
Al Noor Hospitals Group led the fallers as Numis Securities cut its rating from 'add' to 'hold', arguing that the consensus for the company's margins is too high. Energy stocks Hunting, Lonmin, Nostrum Oil & Gas and Infinis Energy were in the red as oil prices lost gains made in the wake of politica
Read moreFTSE 250 movers: Afren sweating on Seplat deadline, Chinese stocks hit
19th Jan 2015 14:03
Takeover target Afren was weaker as the deadline for suitor Seplat to return to the table with a possible offer was extended. The Nigerian group approached its FTSE 250 peer last month about a potential tie-up and has until 17:00 on Friday 30 January to 'put up or shut up', according to takeover rul
Read moreAnthony Bolton to retire from Fidelity China Special Situations
17th Jun 2013 13:48
Anthony Bolton is set to retire as portfolio manager of Fidelity China Special Situations next March. Bolton, who set up the China-focused fund in 2010 and is considered one of the UK's most successful fund managers, will be succeeded by Dale Nicholls on April 1st 2014. It brings an end to a dif
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