ClearBridge Investments, an investment management company, released its “ClearBridge Growth Strategy” second quarter 2024 investor letter. The strategy’s benchmark switched from the Russell 3000 Growth Index to the Russell Midcap Growth Index, during the quarter. Together with this, the strategy name was simplified from “ClearBridge Aggressive Growth” to “ClearBridge Growth”. Despite the difficult period for smaller cap stocks, the strategy outperformed the benchmark with contributions from holdings in health care and IT. Overall stock selection and sector allocation...
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