Wondering which fund firms will lose the most due to Freddie and Fannie's troubles? Reuters
names the fund groups that have the largest stake in one or both of the companies. Based on the the fund group's most recent disclosure figures, the wire service says that Capital Group
and Legg Mason
may have seen as much as a $4 billion decline in value from holdings in Freddie and Fannie in the past week. The MFWire
reported last Friday that Legg's legendary Bill Miller has been one of the hardest hit by Fannie and Freddie's troubles. His Value Trust fund has lost more than 40 percent this year thanks in part to losing bets on the two companies. (see "Legg Mason's Miller is in Last Place. Can He Come Back?"
, MFWire 07.11.08)
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