Clearbridge Investments Value Strategy’s Q3 2026 Investor Letter

ClearBridge Investments, a global equity manager, recently published third-quarter 2026 commentary for its “Value Strategy”. Value stocks maintained their lead in a volatile third quarter, driven by rising oil prices due to the Iran conflict, which boosted energy stocks. The benchmark Russell 1000 Value Index returned 2.6%, compared with 0.9% for the Russell 1000 Growth Index. While the Strategy reported a modest positive return, it underperformed its benchmark primarily due to...