Fidelity European Trust (ticker: FEV) was launched in 1991 and was managed by Anthony Bolton for its first decade. It's been a consistently good performer over the long term -- since its IPO to the end of February 2023, its annualised share price return was 13.4% versus 9.0% for its benchmark. Sam Morse has been the lead manager since 2011 and FEV is comfortably ahead of its benchmark and most of its sector rivals since his appointment. The trust dropped "Values" from its name in late 2020 as its approach these days is more measured, seeking attractively valued companies with strong balance sh...