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Article: Legg Mason merges Citigroup sub-funds.
- Article from:
- Investment Adviser
- Article date:
- September 11, 2006
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Legg Mason has merged some of its Luxembourg-based sub-funds so it can manage them more effectively.
The funds were among those it inherited during the acquisition of Citigroup Asset Management.
The move comes ahead of future plans by Legg Mason to expand its Dublin-based range of funds. The details of these changes are not expected until next year.
Within the Luxembourg-based former Citi Fond Commune de Placement (FCP) -" now called the Legg Mason Global Fund FCP (Luxembourg) -" the former CitiEquity Global Healthcare fund, the Citigroup Financial Services fund and the Citiequity Global Technology fund have been merged into the Legg Mason ...