Miller more bullish than Grender

bill miller vs gordon grender

While Legg Mason's Bill Miller foresees a 10%-15% rise in the equity market, GAM's Gordon Grender is more bearish and has positioned his fund defensively

US funds in the UK retail market are not necessarily rising in popularity but the space is becoming more competitive, as a select group of managers build their reputation in this sector. There are now several well-known names managing North American funds for the UK retail market, usurping the once-dominant £1.2bn Fidelity American fund. While this fund remains popular, three manager changes in one year have left some intermediaries looking for alternatives and of late there has been no shortage of names. Two of the strongest of these in the North American sector have to be Legg Mason's...