Fidelity Investments is planning to launch a mutual fund focused on companies that will benefit from strong Chinese consumer growth, and famed portfolio manager Anthony Bolton is returning to the company after two years in retirement to run it.

As manager of the Fidelity International Special Situations Fund for 28 years, from 1979 through 2007, Bolton delivered an annualized average return of 19.5%, compared with its benchmark index’s 13.5% return.

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