ClearBridge Investments, an investment management firm, published its “Global Infrastructure Income Strategy” fourth quarter 2021 investor letter – a copy of which can be downloaded here. On an absolute basis, the Strategy delivered gains across nine of the 10 sectors in which it was invested (out of 11 total) in the fourth quarter, with the electric, renewables, and gas sectors the leading contributors and the energy infrastructure sector the sole detractor. On a relative basis,...
