Fund of fund managers looking for returns from the US market are favouring Bill Miller's offshore Le...
Fund of fund managers looking for returns from the US market are favouring Bill Miller's offshore Legg Mason Value Trust as one of their core exposures to the market. Lee Gardhouse, fund of funds manager at Hargreaves Lansdown, says Miller's Dublin-based fund, which was recently launched to the onshore retail market, has proved consistent in its ability to outperform. Miller and his team are more willing than many managers to spend time analysing the companies in which they entrust their money by working out the true value of the business, Gardhouse notes. Other favoured US fun...
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