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Article: Legg Mason Partners Launches 130/30 U.S. Large Cap Equity Fund.
- Article from:
- PR Newswire
- Article date:
- January 22, 2008
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Fund Structure Aimed at Investment Needs of Retail Investors and Smaller Institutional Investors
NEW YORK, Jan. 22 /PRNewswire-FirstCall/ -- Legg Mason, Inc., a leading global asset manager, today announced that it has entered the 130/30 retail and institutional funds marketplace by launching the Legg Mason Partners 130/30 U.S. Large Cap Equity Fund. The fund is subadvised by Batterymarch Financial Management, Inc., which in 2007 introduced a 130/30 U.S. Large Cap separate-account strategy for institutional investors. The new fund will be an important product focus for Legg Mason's funds distribution arm, directed at individual investors as well as 401K and ...