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Fidelity's Bolton admits bad China bets, but stays bullish

Leanne Wang
The star fund manager, whose China Special Situations Fund is down 29% since inception, has been hurt by accounting scandals in small caps, but resolutely keeps the portfolio unchanged.
Fidelity's Bolton admits bad China bets, but stays bullish

Fidelity fund manager Anthony Bolton, whose star has fallen somewhat after his China Special Situations Fund lost over 20% since inception last April, has admitted he made bad bets on China stocks last year.

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