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    Blogs

January 5, 2026
ESG Outlook 2026: Resilience and Evolution

Renewables form a relatively high percentage of power both being built today and planned for the immediate future; biodiversity, AI, defense and nuclear are also key issues for 2026.

December 5, 2025
UK Autumn Budget Is Infrastructure Friendly

The November UK Budget offers continued support in terms of pipeline visibility and policy direction, in particular for infrastructure helping the energy transition.

December 4, 2025
AOR Update: Is AI a Clear and Present Danger?

The ClearBridge Recession Risk Dashboard remains firmly in green expansionary territory; despite AI labor fears, supportive fiscal and monetary policy should power the U.S. economy and corporate earnings in 2026.

December 1, 2025
UK Equities: Time to Get Excited

The UK’s reliable dividend yield and increasing share buybacks continue to provide robust shareholder returns, while government initiatives may boost domestic investment and support further market recovery.

Related Perspectives

2026 Infrastructure Market Outlook
We expect fiscal liquidity and dovish central bank policy in 2026 to pressure bond yields, which should support utilities and also drive growth on GDP-sensitive user-pays infrastructure.
AI Boom Requires Active Management, Discipline
Dividend Strategy 4Q25: With investors beginning to ask whether AI represents a bubble, our approach limits the risk of a bubble popping.
Preparing for Improving Growth Earnings
International Growth EAFE 4Q25: We have increased our exposure to stocks with value characteristics through our structural growth bucket, mostly by expanding allocations to banks.
The Long View: Party Like It's (Not) 1999
Despite bubble fears, there are several key differences between the late 1990s and today that we believe bode well for U.S. equities in the year to come.
Semiconductor Strength Drives EM Outperformance
Emerging Markets 4Q25: The Strategy outperformed the benchmark for the quarter and full year, led by strong contributions from our holdings in Korea, China and Taiwan.
Balance Matters When Markets Rotate
Growth 4Q25: A balanced, high active share approach drove a third consecutive quarter of outperformance amid heightened volatility and rapid market reversals.
Lower Bond Yields to Add Tailwind for Infrastructure
Global Infrastructure Income 4Q25: We expect a continued constructive policy environment in conjunction with further AI-related capacity additions to continue to support infrastructure investments.
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