ClearBridge Investments, an investment management company, released its “ClearBridge Small Cap Growth Strategy” third quarter 2024 investor letter. In the third quarter, large cap and growth companies lost their dominance over smaller cap and value stocks. However, the strategy underperformed its benchmark in the third quarter. Underexposure to the benchmark's strengths (e.g., biotech, smaller cap, poorer quality, bond proxies) and challenges in consumer staples and discretionary names affected strategy performance. In addition, please check the fund’s top five holdings to know its...
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