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Article: Salomon Brothers Capital and Income Fund Inc. Announces New Portfolio Manager and Announces Legg Mason Partners Fund Advisor, LLC to Assume Management Responsibility as Part of Reorganization of Legg Mason Advisory Subsidiaries.
- Article from:
- Business Wire
- Article date:
- July 12, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Salomon Brothers Capital and Income Fund Inc. (NYSE: SCD) announced today that effective July 17, 2006, Robert Gendelman will be named a portfolio manager of the Fund with portfolio management responsibility for overseeing the Fund's allocation between equity and fixed-income securities and the Fund's equity investments in general. The current portfolio managers of the fixed-income portion of the Fund will remain unchanged.
Mr. Gendelman recently joined ClearBridge Advisors, a unit of Legg Mason, Inc., as a portfolio manager and Managing Director. ClearBridge Advisors is the U.S. equity group created from the former Citigroup Asset Management, and its ...
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