Perspectives

Stay up-to-date with the current investment and macroeconomic issues at ClearBridge Investments. We provide analyses of the themes and trends which lie at the heart of your investment challenges.

Infrastructure Insights
Will Renewables Survive the Energy Transition?

Will Renewables Survive the Energy Transition?

While public funding for renewables may face increasing policy risk, regulators will continue to provide attractive returns for regulated utilities supporting the energy transition.

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Podcasts

Recorded by our fund managers; they share their views on what’s happening in global economies, the markets and our strategies.

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Infrastructure Insights
Infrastructure Multiples Point to a Potential Rerating

Infrastructure Multiples Point to a Potential Rerating

Despite headwinds to defensive stocks, infrastructure’s strong earnings growth, attractive valuations and predictable dividend stream make us quite constructive on the sector.

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Equity Insights Portfolio Insights
Global Growth Strategy April Commentary

Global Growth Strategy April Commentary

Recent results validate the need for investors seeking global exposure to include growth equities in their portfolio. The U.S. continues to show economic and earnings resilience as a soft landing comes into view.

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Infrastructure Insights Portfolio Insights
Developed Markets Income Strategy April Commentary

Developed Markets Income Strategy April Commentary

Equities and infrastructure sold off in a risk-averse month of April as interest rate cuts were pushed out in the U.S. on stronger macro data and tighter employment.

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Infrastructure Insights Portfolio Insights
Global Infrastructure Income Strategy April Commentary

Global Infrastructure Income Strategy April Commentary

Among infrastructure sectors, U.S. electric utilities performed well on greater electricity demand expected to come from data centres, while higher bond yields weighed on communications infrastructure.

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Infrastructure Insights Portfolio Insights
Global Infrastructure Value Strategy April Commentary

Global Infrastructure Value Strategy April Commentary

We remain balanced between more defensive regulated utilities and more GDP-sensitive infrastructure names. This served us well in 2023 in the face of uncertainty around growth and a possible recession.

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Infrastructure Insights Portfolio Insights
Emerging Markets Strategy April Commentary

Emerging Markets Strategy April Commentary

We remain defensively positioned as impacts of tightened financial conditions are expected to impact the economy and ultimately corporate earnings.

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The Challenge of Powering AI

The Challenge of Powering AI

The accelerating pace of power demands among AI aspirants is putting pressure on an already stretched electrical grid, which may cause a resetting of AI growth expectations. Higher power demand and pricing are creating powerful tailwinds for cyclical stocks supporting the AI buildout.

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Anatomy of a Recession Market Outlook
AOR Update: Wage Moderation Allows Fed Patience

AOR Update: Wage Moderation Allows Fed Patience

Jeff Schulze and Josh Jamner examine why slowing wage growth in the U.S. should offset fears that recent hot inflation prints could spur additional Fed tightening. They also explain how wages have achieved a “Goldilocks” zone supportive of a soft landing.

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Infrastructure Insights Video
Valuation of Infrastructure Assets Q1 2024

Valuation of Infrastructure Assets Q1 2024

In our latest Valuation update, Portfolio Manager, Simon Ong discusses the contributors to infrastructure returns in the first quarter of 2024, and weighs in on the factors impacting different infrastructure sectors across the globe.

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Equity Insights Portfolio Insights
Improvers Outpace Broader Value Gains

Improvers Outpace Broader Value Gains

Q1 2024 Global Value Improvers Commentary: Global markets generated positive returns due to optimism over a soft landing, improving economic data, the prospect of rate cuts and continued improvements in Japan.

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Equity Insights
International Companies Drive Diabesity Innovation

International Companies Drive Diabesity Innovation

Diabetes and obesity (“diabesity”) have rapidly become the largest opportunity in health care, with an estimated total long-term addressable market of $100 billion in the U.S. alone. Research & development outside the U.S. has provided actionable insights into the blockbuster market for diabesity treatments.

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Anatomy of a Recession Market Outlook
The Long View: A Unique Cycle

The Long View: A Unique Cycle

The distinct nature of the current economic cycle appears to have tripped up many traditional recession indicators. Several leading indicators have improved over the last six months, including an upgrade of the ClearBridge Recession Risk Dashboard to yellow from red.

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