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Dale Nicholls

Dale Nicholls

Showing manager performance in United Kingdom View performance globally

About Dale Nicholls

Dale Nicholls was born in Australia in 1968 and obtained his bachelor’s degree in business management from the Queensland University of Technology. Prior to joining Fidelity, he worked as an analyst, first at Sony and then at Bankers Trust Asia Securities. In terms of fund management style, he follows a bottom-up stock-picking approach, looking for growth at a reasonable price. Long-term growth prospects, returns on capital and management quality are the key characteristics focused upon for company valuation. Cash is not used tactically and derivatives are solely used for efficient portfolio management such as equitising cash flows. Given his funds’ small- and mid-cap bias, David tends to outperform when market liquidity is ample or when the market is driven by sentiment.

Are you Dale Nicholls?

Citywire Rating: AA rated

2013

  • SRated A in Sep 2013
  • ORated A in Oct 2013
  • NRated A in Nov 2013
  • DRated A in Dec 2013

2014

  • JRated AA in Jan 2014
  • FRated AA in Feb 2014
  • MRated AA in Mar 2014
  • ARated AA in Apr 2014
  • MRated AA in May 2014
  • JRated AA in Jun 2014
  • JRated AA in Jul 2014
  • ARated A in Aug 2014
  • SRated A in Sep 2014
  • ORated A in Oct 2014
  • NRated A in Nov 2014
  • DRated A in Dec 2014

2015

  • JRated AA in Jan 2015
  • FRated AA in Feb 2015
  • MRated AA in Mar 2015
  • ARated AA in Apr 2015
  • MRated AA in May 2015
  • JRated AA in Jun 2015
  • JRated AA in Jul 2015
  • ARated AA in Aug 2015
  • SRated AA in Sep 2015
  • ORated AA in Oct 2015
  • NRated AA in Nov 2015
  • DRated AA in Dec 2015

2016

  • JRated AA in Jan 2016

Performance

Equity - Asia Pacific Including Japan
over : 31/12/2014 - 31/12/2015

Total Return

Month by Month Performance

Quarterly Performance

to 31/12/2015 Annual Q1 Q2 Q3 Q4
2015 5.7% 10.4% -0.6% -13.5% 11.3%
2014 8.3% 1.3% 1.0% 3.5% 2.2%
2013 28.9% 19.1% -1.4% 4.3% 5.2%
2012 12.0% 10.5% -5.7% 5.5% 2.0%
2011 -18.6% -3.4% 0.5% -17.1% 1.0%

Related News

Emerging market trusts fall as China rout reignites

China's stock market falls 5.5% as several major brokers announce they are under investigation, hurting the shares of emerging markets trusts.

Fidelity’s Nicholls: The worst is behind us in China

Fidelity's Dale Nicholls is finding opportunities despite ongoing volatility in China

Trust Insider: Fidelity China Special Sits turns it round in turbulent year

One fund that has surprised me by doing very well this year is Fidelity China Special Situations (FCSS)

How should fund groups handle star manager exits?

Wealth managers reveal how they want fund groups to react to losing star employees.

Fidelity’s Dale Nicholls: beware China banks, but don’t expect Armageddon

Citywire AA-rated Dale Nicholls has lent his voice to those worried about China’s banks – but stopped short of predicting a systemic meltdown.

Fidelity cuts China Special Sits fee ahead of Bolton departure

Fidelity has reduced the charges on its China Special Situations and Japanese Values investment trusts.

Dale Nicholls: why I'm excited to replace Anthony Bolton

Wealth Manager recently had exclusive access to Dale Nicholls as he talks about the challenge of replacing Anthony Bolton on the China Special Situations trust next March.

What Bolton learnt from his 40-year career

In a bus ride with renowned fund manager Anthony Bolton, he reflects on the lessons learnt during his career and why he doesn't regret moving to China.

Fidelity's new Asian stars lining up to replace Bolton & Liu

Dale Nicholls and Teera Chanpongsang have given an insight into their investment thinking as they prepare to replace two of the biggest names at Fidelity.

Anthony Bolton on course for first performance fee in China – just in time for his retirement

A strong run in recent months has set Anthony Bolton’s £762 million Fidelity China Special Situations fund on course to earn its first ever performance fee.

...more...
Citywire Discovery Source: Citywire Discovery Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated)..Portions of the information contained on this page was derived by Citywire Financial Publishers Ltd using content supplied by Lipper, A Reuters Company.