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Bill Miller: don’t count on a US correction yet
by Eleanor Lawrie on Jun 25, 2014 at 12:50
Miller seems to be back on form, with his fund beating the S&P over all time periods since launch in February 2009. Over one year to the end of April, the Legg Mason Capital Management Opportunity fund has returned 31.1%, compared to a rise of 20.4% for the S&P index.
Over three years, it has risen by 15.6% compared with the benchmark’s 13.8% rise.
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As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
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on Jul 31, 2014 at 10:36