2024-04-10 12:50:00 ET
Summary
- 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 its benchmark, led by utilities holdings benefiting from expectations for long-term power pricing strength on the back of greater electricity demand from AI.
- We seek to consistently generate attractive returns in most market environments, with our engine powered by convergence of price to compounding intrinsic business value.
- It will not take much of a shift in concentrated capital to continue to lift laggards into future leaders, and we are taking steps to position ourselves accordingly.
By Reed Cassady, CFA, Sam Peters, CFA, & Jean Yu, CFA
The Internal Engine of Returns
Market Overview
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For further details see:
ClearBridge Value Equity Strategy Q1 2024 Portfolio Manager Commentary