Burns, who is lead manager of the firm’s Core MPS range, has initiated positions of between 2% and 4.5% in the £3bn Fidelity Special Situations fund across the Conservative, Cautious, Balanced, Growth, Adventurous and Maximum Growth portfolios.
Over one year, Fidelity Special Situations has returned 22% versus 14.9% from the IA UK All Companies sector, while the £289m Ninety One UK Alpha fund has returned 11.8%, according to FE Fundinfo.
Evelyn Partners CEO Geddes warns of ‘stifling’ CGT change impact
“Although we see large companies as attractively priced, we see even more value …
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