ClearBridge Investments, an investment management company, released its “ClearBridge Mid Cap Strategy” first quarter 2025 investor letter. Though initially positive, stories on possible tariffs, global trade conflict, and a rotation out of AI-related tech firms sent equities lower in the first quarter. In this environment, the ClearBridge Mid Cap Strategy underperformed the benchmark, Russell Midcap Index in the quarter, due to idiosyncratic headwinds, strengthened by the market volatility; put pressure on several of strategy’s technology and industrial holdings. In addition, please...
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