FYI: (This is a follow-up article)
When Bill Miller leaves Legg Mason after more than three decades, the stock-picker famed for his streak of beating the market for more than a decade, will in a sense be returning to his roots.
Mr. Miller plans to rename the $1.3 billion Legg Mason Opportunity Trust, which he began managing in 1999 and has co-managed with Samantha McLemore since 2008, Miller Opportunity Trust. He plans to buy out Legg Mason’s 50% stake in LMM LLC, their joint venture which houses the funds he manages, a deal announced last month
Regards,
Ted
http://blogs.wsj.com/moneybeat/2016/09/28/bill-miller-plans-a-return-to-his-roots/
