Legg Mason Extends Income Fund To U.K

Legg Mason will make its U.S. equity income fund available to U.K. retail investors.

Legg Mason will make its U.S. equity income fund available to U.K. retail investors, Investment Week reports. The Legg Mason U.S. Equity Income fund was previously only available to U.S. investors and managed by its New York-based subsidiary ClearBridge Advisors.

The fund will be made available in mid-October and replicate the $4 billion U.S. Equity Income Builder fund, handled for U.S. investors by Hersh Cohen, Peter Vanderlee and Michael Clarfeld.

Click here for the story from Investment Week.