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ClearBridge Announces Portfolio Manager Changes

January 16, 2020

ClearBridge Investments announced today that Derek Deutsch will step down as portfolio manager of three strategies to focus solely on the firm’s Sustainability Leaders Strategy, which invests in companies with strong or improving environmental, social and governance (ESG) attributes.

Following a six-month transition, Deutsch will relinquish responsibility for ClearBridge’s Mid Cap, Mid Cap Growth and SMID Cap Growth strategies. All three will continue to be managed by long-tenured teams and will be joined by a new portfolio manager, Matthew Lilling, who’s currently an experienced senior portfolio analyst supporting the affected strategies.

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