Wed, 16 Jan 2013
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After Bill Miller steps down from Legg Mason Value Trust this month, new manager Sam Peters says investors will still see continuity in the portfolio strategy but should expect some differences.
Relative to their categories, Fidelity's stock funds generally fared better than its fixed-income portfolios last year, but several funds in both camps have good long -term prospects.
As stateside growth remains sluggish, Bill Frels and Mark Henneman--Morningstar's 2012 Domestic- Stock Fund Managers of the Year--note that some of their top long -term holdings are going beyond boundaries.
Morningstar 2012 International- Stock Fund Manager of the Year Rajiv Jain expects continued earnings growth for the less popular growth stories of tobacco and Indian consumer stocks.
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