In the Margins
Bill Miller has completed the acquisition of Legg Mason's stake in his investment advisory company, LMM LLC. Miller, former CIO and portfolio manager at the Baltimore asset manager, founded LMM LLC in 1999. The firm provides investment management services for Miller's Legg Mason Opportunity Trust and Miller Income Opportunity Trust, which have been renamed Miller Opportunity Trust and Miller Income Fund, respectively. Read the original story from Baltimore Business Journal.
Most Read
Over the past several weeks, I have written articles exploring conflicts of interest that could challenge a variety of financial industry participants. Those articles explored potential ...
The Securities and Exchange Commission seems poised to grant exemptive relief to one of the earliest applicants seeking to offer an exchange-traded fund share class, just ...
The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...