Seeking Alpha

ClearBridge Sustainability Leaders Strategy Portfolio Manager Commentary Q3 2019

|
Includes: AAPL, ADSK, ALXN, BEP, BMRN, COST, DE, GRUB, HD, LRCX, LYFT, NKE, NSRGF, NSRGY, ORA, SBUX, SEDG, TREX, UBER, UNH, VWDRY, VWSYF
by: ClearBridge Investments
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.

The U.S. equity market delivered modest gains in the third quarter, overcoming trade tensions and concerns about slowing global growth with a little help from the Federal Reserve.

The market was led by the more defensive utilities sector, in which the portfolio’s relative outperformance was driven by our focus on renewable energy companies.

Our engagements across the food supply chain seek to reduce greenhouse gas emissions, improve efficient use of herbicides in agricultural production, scale sustainable packaging and smooth labor tensions and delivery logistics.

Source: ClearBridge Investments

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.