- 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 underperformed during a pronounced rotation out of higher-growth companies due to investor de-risking and a less accommodative macro backdrop.
- Solid results from several of our core compounders and innovative health care holdings helped offset a downtrend among higher-multiple businesses that were stellar performers in 2021 but faced tough comps heading into this year.
- We used opportunities created by heightened volatility to establish seven new positions while exiting eight other names to increase conviction in stocks with more attractive risk/reward profiles.
For further details see:
ClearBridge Investments SMID Cap Growth Strategy Q1 2022 Commentary