- 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.
- The Strategy led infrastructure as well as global equities in a quarter made volatile by ongoing COVID-19 disruption.
- Electric utilities in the U.S. and Europe drove outperformance, driven by a combination of value-creating asset sales, strong operating results and receding political risk.
- Going forward, in an uncertain macroeconomic environment, the certainty of future earnings and growth will be key: infrastructure and utilities significantly outperform other equities on this measure.
For further details see:
ClearBridge Global Infrastructure Income Strategy Portfolio Manager Commentary Q4 2021