Special Report on
Legg Mason Special Investment Trust
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May 25 (Bloomberg) -- Legg Mason Inc.’s Sam Peters, the manager named last week to eventually succeed Bill Miller on the $4.24 billion Value Trust fund, said clients shouldn’t expect big changes to the investment style put in place by his mentor. “We have a similar value-driven approach,” Peters, 40, said in a telephone interview yesterday from Baltimore, where Legg Mason is based. Investors can expect “a few tweaks.” Peters, like Miller, favors stocks he deems cheap based on financial yardsticks such as per-share earnings, though he may turn more often to computer models to help him select ...
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