ClearBridge Investments , an investment management company, released its “ClearBridge Sustainability Leaders Strategy” fourth 2022 investor letter. A copy of the same can be downloaded here . The strategy underperformed its benchmark, the Russell 3000 Index, in the fourth quarter. In the quarter, the strategy gained in eight of the ten sectors it invested in on an absolute basis. Health care, financials, and IT sectors were the leading contributors while communication services and utility sectors detracted from the performance. Stock selection was favorable on a relative basis while sector allocation detracted from the performance. In addition, please check the fund’s top five holdings to know its best picks in 2022. ClearBridge Sustainability Leaders Strategy highlighted stocks like ASML Holding N.V. (NASDAQ: ASML ) in the Q4 2022 investor letter. Headquartered in Veldhoven, the Netherlands, ASML Holding N.V. (NASDAQ:ASML) engages in semiconductor equipment systems development. On March 3, 2023, ASML Holding N.V. (NASDAQ:ASML) stock closed at $637.38 per share. One-month return of ASML Holding N.V. (NASDAQ:ASML) was -3.71%, and its shares gained 10.98% of their value over the last 52 weeks. ASML Holding N.V. (NASDAQ:ASML) has a market capitalization of $251.504 billion. ClearBridge Sustainability Leaders Strategy made the following comment […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
