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February 28, 2026
Emerging Markets Monthly Update

Emerging Markets February 2026: We don’t see emerging markets as specifically exposed to the Iran conflict and it may support the current positive asset allocation moves towards EM amid U.S. dollar uncertainty.

February 28, 2026
Large Cap Growth Monthly Update

Large Cap Growth February 2026: We continue to hold software companies we believe have fortified moats and the ability to leverage AI to accelerate their businesses and withstand competitive pressures.

January 31, 2026
Emerging Markets Monthly Update

Emerging Markets January 2026: Positive momentum in emerging markets extended into the new year, with Asian companies supporting the AI buildout leading the charge.

December 31, 2025
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.

December 31, 2025
Embracing a Broadening Growth Market

Large Cap Growth ESG 4Q25: Resurgent growth in the economy ex-tech from fiscal stimulus and easing monetary policy could lead to increased participation beyond AI such as in health care and short-cycle industrials.

December 31, 2025
Small Cap Poised for Breakout

Small Cap 4Q25: A challenging year for small caps ended with signs that improving earnings dynamics and attractive valuations may begin to favor patient, disciplined portfolios.

December 31, 2025
Recommitting to Innovation and Secular Trends

Select Strategy 4Q25: We continued to upgrade the portfolio for a volatile market environment, initiating six new common stock positions while expanding our private market exposure to innovative companies.

December 31, 2025
Improvers Benefit from a Broadening Market

Global Value Improvers 4Q25: A broadening global rally and improving fundamentals across key holdings supported strong fourth-quarter performance for Global Value Improvers.

December 31, 2025
Leaning on Banks Through Value Cycle

International Growth ADR 4Q25: European and U.K. banks are benefiting from a cyclical resurgence and improving earnings. We have increased exposure through our structural growth bucket.

Blogs

AOR Update: Buy the Geopolitical Dip?
History shows that investors should take advantage of the opportunity that appears to be emerging, with solid returns in the S&P 500 following historical “geopolitical dips.”
Software Scare Is a Wake-Up Call: Time to Diversify
As AI challenges digital business models, companies with physical assets, predictable cash flows, dividends and durable moats stand out as better positioned in a volatile, high‑valuation market.
AI’s Expansion Runs on Smaller Companies
AI’s expansion is not solely a mega cap story — it is a multiyear infrastructure cycle supported by smaller companies building, powering and equipping the data center ecosystem.
Resilience, Reforms, and the Road Ahead for India
India’s long‑term growth opportunity is underpinned by favorable demographics, rising domestic consumption and corporate reforms.
AOR Update: New Year, Same Rotation
Market leadership continued to broaden in January; the ClearBridge U.S. Recession Dashboard continues to show a solid overall expansionary green signal, with one positive indicator change so far in 2026.