CME Group Inc. Names Slate of Director Nominees
The Miller Income Opportunity Trust, to be run by the famed Legg Mason money manager and his son, seeks high income from a “wide array of sources” by identifying “mispriced” investment opportunities.
Bill Miller , the Legg Mason fund manager who beat the S&P 500 for 15 years straight before seeing his fund massacred by the financial crisis, is proving you can't keep a good manager down, says Wall Street Journal.
The fall for Legg Mason's Value Trust fund was swift, once its run of besting the S&P 500 for 15 straight years came skidding to a halt. But now, Bill Miller's old fund is starting a new streak — and Miller is on a roll of his own with a different fund.
Also, Bill Miller draws up plans for a go-anywhere income fund, Ken Feinberg to retire from Davis Funds at the end of the year, Perritt Capital plans a new fund, and a goodbye to Abe Briloff.
Trailing returns can be misleading, so here's how to avoid getting burned.
After a big bounce in 2009, Bill Miller's Capital Management Value Trust is behind again.
AMG buys stake in Yacktman and more.