ClearBridge Investments Global Infrastructure Value Strategy’s Q4 2021 Investor Letter

ClearBridge Investments, an investment management firm, published its “Global Infrastructure Value Strategy” fourth quarter 2021 investor letter – a copy of which can be downloaded here. On an absolute basis, the Strategy delivered gains across six of the nine sectors in which it was invested (out of 11 total) in the fourth quarter, with the electric, rail, and communications sectors the leading contributors and the airports and energy infrastructure sectors the detractors. On a relative basis, measured against the S&P Global Infrastructure Index, the ClearBridge Global Infrastructure Value Strategy outperformed during the fourth quarter. Overall stock selection and sector allocation contributed to relative results. Stock selection in the rail, electric, toll roads, and renewables sectors, underweights to the airport and gas sectors and overweight to the communications and rail sectors aided the most.  Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.