DOCS - ClearBridge Investments All Cap Growth Strategy Q1 2022 Commentary
- ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers.
- Growth stocks were pressured as the Federal Reserve turned hawkish, ending a historic period of accommodation, but they tend to stabilize and deliver better performance once a tightening cycle is underway.
- Recent underperformance was driven by stock selection, where earnings shortfalls impacted several names in communication services and technology.
- During periods of market transition such as the current one, our experience has taught us that bearish investor sentiment often overlooks business fundamentals, creating opportunity for us as long-term investors.
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ClearBridge Investments All Cap Growth Strategy Q1 2022 Commentary