With the Legg Mason Value Prime Fund up 1.6% through last Friday, versus the S&P 500 up 11.9%, it appears that celebrated fund manager Bill Miller is about to end his 15-year streak of beating the benchmark, the Poughkeepsie Journal reports.
Although Miller maintains he intends to beat the S&P 500, not everyone has as much faith in his acumen. Bill Gross of
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.