Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Will the Repositioning of Brands Help Abercrombie & Fitch Co. (ANF) Attain Durable Growth?

ClearBridge Investments, an investment management company, released its “ClearBridge Small Cap Growth Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. 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...