Legg Mason gives new name to Salomon mutual funds

Legg Mason rebranded the bulk of the Salomon Brothers mutual funds it acquired with its December 2005 purchase of Citigroup Asset Management, renaming them the Legg Mason Partners Funds effective Nov. 20, said spokeswoman Mary Athridge. The move is one of the final steps in a yearlong effort to create a "unified and cohesive fund family" from the combination of the legacy Legg Mason group funds and the CAM funds, according to a news release.