Fidelity's bargain hunter Alex Wright: Why I'm backing Sports Direct - and buying into companies with pension deficits

Would you invest in Sports Direct in the current environment, or buy into a company with a significant pension deficit?
Many fund managers would steer clear of these scenarios, for fear of getting their fingers burnt. 
But Fidelity's bargain hunter Alex Wright purposely looks for companies going through a tough time for reasons that have either been over-exaggerated or are short term.
He is the manager of the £2.8billion Fidelity Special Situations fund and £578million Fidelity Special Values investment trust 
And while others may be nervous about the volatility caused by the EU referendum,... read more

14 October 2016 in Business, Views: 42
Source: Daily Mail

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