Fidelity's Bolton to focus on China fund

HONG KONG: Fidelity International's Anthony Bolton, one of the UK's best known and top performing asset managers, said he plans to return to managing money next year, with a focus on the increasingly important China market.

Bolton, who retired from active fund management in 2007, said he would move to Hong Kong early next year to manage a new China investment portfolio, which would likely be launched at the end of the first quarter of 2010.

"The center of gravity is shifting to this part of the world and I want to play a part in it while I can," Bolton, a 30-year veteran of Fidelity, told a media briefing.