Seeking Alpha

ClearBridge Mid-Cap Growth Strategy Portfolio Manager Commentary Q3 2019

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Includes: ALXN, BMRN, GRUB, MLM, MTD, ROST, SBAC, UHS, WDAY, XPO
by: ClearBridge Investments
ClearBridge Investments
Asset Management, large-cap, Growth, mutual fund manager
Summary

ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers.

A rotation out of growth and momentum-driven stocks weighed on the portfolio’s technology and consumer holdings.

We remained selective participants in the IPO market, adding several innovative companies in the health care and technology sectors.

We are closely monitoring how companies are managing through a manufacturing slowdown to keep it from spreading to other parts of the economy.

Source: ClearBridge Investments