Managing director and portfolio manager of Legg Mason's $840m ClearBridge US Large Cap Growth fund Peter Bourbeau has warned the biggest US stocks could suffer significant fallout if President Donald Trump fails to pass significant tax reforms, which have already been partially "priced-in to the market".
Bourbeau, who manages the fund alongside Margaret Vitrano, said any overhaul would be positive for the largest firms, but is sceptical "comprehensive" reform will pass. ETF Snapshot: US large caps attract...
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Joined the business in 2015
Lars Dollmann also stepping down
Two investment specialists joining Edinburgh team