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Article: Legg Mason, SSgA Launch First 130/30 Mutual Funds
- Article from:
- Daily News
- Article date:
- January 25, 2008
- Author:
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Copyright informationCopyright 2008 Daily News. Provided by ProQuest LLC. (Hide copyright information)
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BOSTON (HedgeWorld.com) - Legg Mason Inc. and State Street Corp.
this week announced the launch of their first 130/30 funds for
retail investors, a sign that these hybrids of traditional and hedge
fund investing are gaining momentum among both institutions and
individual investors.
State Street announced its new 130/30 mutual fund product on
Thursday [Jan. 24]. Called SSgA Core Edge Equity Fund, it will trade
under the ticker symbol SSCSX. While the new fund is not the firm's
first 130/30 fund - SSgA launched its first strategy in 2004 - it is
the firm's fist mutual fund in the 130/30 space.
Legg Mason's new fund, Legg Mason Partners 130/30 US Large Cap
Equity Fund is sub-advised by ...
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Article: Legg Mason to seek approval for UK retail fund mergers.
Fund Strategy;
January 23, 2006 ;
376 words
...Legg Mason Investments is to...into the #54.80m UK Equity fund and merge the #8m...Continental European Equity fund. All four funds...American parent company Legg Mason. As a result there...has run the two UK equity portfolios since...those held in the UK ...
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