Perspectives

ClearBridge Investments 2025 Stewardship Report

Our eighth annual stewardship report efforts offers an in-depth view of the latest in ESG integration and sustainability investing at ClearBridge, including how we are engaging with portfolio companies and voting proxies on pressing environmental, social and governance issues.

Global Value Improvers Strategy April Commentary

Despite market noise, there remain many durable themes, such as the energy transition and artificial intelligence deployment, that we will look to add to opportunistically.

Global Growth Strategy April Commentary

Global equities delivered mixed results in April, with some regions persevering better than others through continued volatility in global economic relations as the Trump administration unveiled “Liberation Day” tariffs against all U.S. trading partners.

The Long View: Diversification for Uncharted Waters

While the U.S. has outperformed long term, international equities tend to pick up the slack when domestic markets falter.

The Rising Case for Non-U.S. Equities

Massive fiscal reforms in Europe and resolution of the Russia-Ukraine war could help close the leadership gap between the U.S. and the rest of the world.

Global Improvers Gain as Investors Look Overseas

Q1 2025 Global Value Improvers Strategy Commentary: Global value stocks rose as a rotation out of U.S. tech and the prospect of greater fiscal stimulus in Europe helped bolster returns.

International Does Heavy Lifting For a Change

Q1 2025 Global Growth Strategy Commentary: Global equities outside the U.S. outperformed as increasing policy uncertainty under the new Trump administration spurred investors to look overseas.

Infrastructure's Defensiveness Shines as Equities Unwind

Q1 2025 Global Infrastructure Income Strategy Commentary: Infrastructure’s defensive nature was rewarded in this environment, with regulated utilities leading returns, in particular in Europe and North America.

Market Turmoil Highlights Infrastructure's Stability

Q1 2025 Global Infrastructure Value Strategy Commentary: Infrastructure delivered positive returns in the first quarter, outpacing both global equities and U.S. equities, which were weaker amid higher policy uncertainty, specifically around tariffs.

Developed Markets Infrastructure Income Model March Commentary

Trump’s policy agenda has so far been more disruptive than expected, and we anticipate uncertainty will weigh on U.S. growth.

AOR Update: As Good as It Gets?

Global Value Improvers Strategy February Commentary

Politics and trade concerns remained centre stage in February, as discussions and negotiations around tariffs by the new U.S. administration and retaliatory tariffs by trade partners weighed on global markets, driving value to outperform growth stocks.