ClearBridge Small Cap Growth Strategy Q4 2025 Commentary (Mutual Fund:LMOIX)

Shutthiphong Chandaeng/iStock via Getty Images By Jeffrey Bailin, CFA & Aram Green An Uneven 2025 Gives Way to a Hopeful 2026 Market Overview In many respects, 2025’s market resembled the preceding two years. We entered each with conditions that seemed poised to set the stage for the end to the longest losing streak on record for small caps versus large caps and hopes for a broadening out of growth sectors. However, this turned out to be another narrowly driven year of narratives, strong performance for ...