ClearBridge Investments Global Growth Strategy’s Q1 2024 Investor Letter

ClearBridge Investments, an investment management company, released its “ClearBridge Global Growth Strategy” first quarter 2024 investor letter. During the first quarter, global equities continued to move higher fueled by improving investor sentiment, better economic data in the U.S., rate cuts beginning in Europe, and confidence in the Japanese economy. The Benchmark MSCI All Country World Index rose by 8.20%, driven by strong performance in the U.S. The S&P 500 Index surged by 10.56%, while the MSCI EAFE Index increased by 5.79%. Growth stocks saw a strong increase at the beginning of the year, buoyed by the expectation of a continued decrease in bond yields from their 2023 high. Against this backdrop, the strategy outperformed its benchmark for the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2024.

A copy of ClearBridge Investments Global Growth Strategy’s Q1 2024 investor letter can be downloaded here.