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Monday, October 12, 2009

What's Bill Miller Up To?

News summary by MFWire's editors

After a painful two years, where do Bill Miller and his Legg Mason Value Trust stand? Fundsters interested in the details of the star manager's portfolio management may want to take a look at a long profile by Tom Sullivan in Monday's Barron's. The news is mixed: on the one hand, Value Trust is up 37.52 percent year-to-date; on the other, it's down an average of 14.6 percent per year for the past three years.

Bill Miller
Legg Mason Capital Management
Chairman, Chief Investment Officer
The profile arrives one week after a Legg Mason rebranding process for some funds came to light. Legg Mason Value Trust is changing to Legg Mason Capital Management Value Trust (see The MFWire, 10/5/2009). (Bill Miller's unit is called Legg Mason Capital Management.) 

Edited by: Neil Anderson, Managing Editor


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