BNP Paribas Asset Management Adds to Mutual Fund Suite BNP Paribas Asset Management (BNPP AM) has launched an Emerging Markets Equity mutual fund that is described as actively managed and “features competitive initial net expense ratios of 0.75 percent for institutional shares; 0.90 percent for investor shares; and 1.15 percent for retail shares,” officials say…. Read More >>
Bill Miller Parts Company with Legg Mason
Miller Acquires LMM from Legg Mason Noted fund manager Bill Miller is leaving asset manager Legg Mason via an agreement in which Miller will acquire all of Legg Mason’s interests in LMM LLC (LMM), according to Legg Mason officials. Miller’s successful stockpicking run during the 1990’s helped raise the profile of Legg Mason. The agreement… Read More >>
