- 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.
- In a narrow market concentrated in mega cap stocks, the Strategy managed to outperform with diversified contributions from small to large cap companies across nine sectors.
- We continued to seed the portfolio with 12 new investments in the quarter, one third being initial public offerings.
- We trimmed positions in some of our best performers in the disruptors group, shifting proceeds into more cyclically sensitive and attractively valued investments in the stable compounders and evolving opportunities areas.
For further details see:
ClearBridge Select Strategy Portfolio Manager Commentary Q3 2020