ClearBridge International Growth ACWI Ex-US Strategy Q3 2026 Commentary

ClearBridge International Growth ACWI Ex-US Strategy Q3 2026 Commentary: The strategy gained 1.8% in Q3, underperforming the benchmark by 0.5%. The team believes the market is in a late-cycle phase, with valuations high and growth slowing.

The team remains overweight in technology, healthcare, and consumer sectors, while underweight in financials and energy. They continue to favor companies with strong balance sheets and free cash flow generation.