ClearBridge Investments, an investment management company, released its “ClearBridge Small Cap Growth Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. A partial change in leadership in the second half of 2024 may continue into 2025 as a number of macro factors stabilize and small-cap earnings growth is expected to surpass that of its up-market counterparts. In the fourth quarter, the strategy performed in line with the benchmark, the Russell 2000 Growth Index. The strength in industrials and health care was offset by weakness in IT and...
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