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.

Responsible Investing
ESG in the Political Spotlight

ESG in the Political Spotlight

Hyperbolic rhetoric has caused public confusion about the merits of ESG investing and whether it is an appropriate consideration for fiduciaries, with exclusion of investment products that consider ESG analysis in some states reducing the options retirement plans are able to offer employees.

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Equity Insights
Risk is Not a Four-Letter Word

Risk is Not a Four-Letter Word

Risk is an essential component of the investment process that we must take on to accomplish our goal of delivering attractive long-term returns.

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Anatomy of a Recession Market Outlook
AOR Update: A Headwind, Not a Hurricane

AOR Update: A Headwind, Not a Hurricane

While housing has been on the leading edge of the current downturn, the threat of higher interest rates will likely be muted relative to history.

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Market Outlook Responsible Investing
Global ESG Outlook: More Scrutiny on Sustainable Investments

Global ESG Outlook: More Scrutiny on Sustainable Investments

Regulation, biodiversity and human and labor rights should remain a focus for sustainability-minded investors in 2023.

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Anatomy of a Recession Market Outlook
The Long View: The Most Anticipated Recession Ever

The Long View: The Most Anticipated Recession Ever

With a deep red signal emanating from the ClearBridge Recession Risk Dashboard and a Fed clearly willing to tolerate economic pain in order to restore price stability, we believe a recession is likely in 2023.

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Equity Insights Market Outlook
U.S. Equity Outlook: Patiently Waiting for a Durable Bottom

U.S. Equity Outlook: Patiently Waiting for a Durable Bottom

We see 2023 shaping up to be a tale of two halves. Heading into the new year, we continue to favour value stocks with defensive characteristics. However, as market participants become convinced the bear market is over, leadership should rotate toward small cap and more aggressive, higher risk stocks.

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Anatomy of a Recession Equity Insights Market Outlook
AOR U.S. Economic Outlook: Recession the Path of Least Resistance

AOR U.S. Economic Outlook: Recession the Path of Least Resistance

The ClearBridge Recession Risk Dashboard has been flashing a red or recessionary signal for the past four months, consistent with our view that a recession is likely to occur in the U.S. in the next 12 months.

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Infrastructure Insights Market Outlook Video
2023 Infrastructure Outlook: Climate, Macro Drivers Create Tailwinds

2023 Infrastructure Outlook: Climate, Macro Drivers Create Tailwinds

Secular growth drivers for infrastructure should be on full display in 2023, as the dire need for infrastructure spending underpins growth for the next decade, and the first steps for meeting long-term climate and electrification goals are being taken now.

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Equity Insights Responsible Investing
An ESG Framework for Extractive Industries

An ESG Framework for Extractive Industries

In our latest white paper, we examine the key ESG considerations required for investing in minerals necessary for the energy transition. They offer a framework for engaging mining companies on ESG risks and outline some best practices ClearBridge has identified.

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Equity Insights Responsible Investing
Inflation Reduction Act Deepens the Decarbonisation Bench

Inflation Reduction Act Deepens the Decarbonisation Bench

The U.S. Inflation Reduction Act offers strong tailwinds for ClearBridge holdings in the renewable energy and electric vehicle supply chains, as well as companies helping the climate with solutions in buildings and energy efficiency.

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Infrastructure Insights
The Long-Term Case for Infrastructure

The Long-Term Case for Infrastructure

Amid rising bond yields, investors may turn to listed infrastructure, which has historically provided a lower-volatility offering, and should continue to, with efficient market valuations that could be more attractive relative to their unlisted peers.

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Anatomy of a Recession Market Outlook
The Long View: The Rorschach Economy

The Long View: The Rorschach Economy

Similar to past recessionary drawdowns, we believe the bottoming process for equities will take time to unfold.

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