- 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 outperformed the S&P Global Infrastructure Index as well as global equities for the quarter.
- On a regional basis, Asia Pacific was the top contributor to quarterly performance, followed by the U.S. and Canada, where electric utilities and energy infrastructure performed well.
- The continuing recovery, helped by increased vaccinations globally, is supportive of user-pays infrastructure, although we expect relatively smaller pricing dislocations between regions and sectors and are focusing more on individual mispricings.
For further details see:
ClearBridge Global Infrastructure Value Strategy Portfolio Manager Commentary Q3 2021