ClearBridge Investments, an investment management company, released its “ClearBridge Global Infrastructure Value Strategy” second quarter 2024 investor letter. Infrastructure rose in the second quarter but lagged behind global equities, as the strength in defensive sectors diminished towards the end of the quarter. The Strategy underperformed in the quarter relative to the S&P Global Infrastructure Index and on a U.S. dollar basis, mainly driven by the stock selection in the rails sector. In addition, please check the fund’s top five holdings to know its best picks in 2024.
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