ClearBridge Investments, an investment management company, released its “ClearBridge Global Infrastructure Value Strategy” second quarter 2022 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund underperformed relative to the S&P Global Infrastructure Index. The utilities and energy portfolios contributed positively to the fund’s performance but recession fears affected the rail sector. For more information on the fund’s top picks in 2022, please check its top five holdings.