Fidelitys Alex Wright picks 5 contrarian stocks

The new manager of Fidelitys Special Situations Fund is putting his own stamp on the fund after taking the reins from Sanjeev Shah on 1 January.

Fidelitys Alex Wright picks 5 contrarian stocks

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Wright carries on the value/contrarian approach pioneered by star manager Anthony Bolton but has adjusted a few picks to the fund.
 
Amongst the new stocks Wright has added are Brewin Dolphin, along with Shell and SSE.
 
Over the past three years to 19 March, the cumulative performance of the fund is up 47.27%, compared to the IMA UK All Companies sector which delivered 39.84%, according FE analytics. 
 
 

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