Franklin Templeton·2026-06-16·via All Articles on Seeking Alpha
Summary
ClearBridge Growth Portfolios underperformed their Russell Midcap Growth benchmark (gross and net of fees) during the first quarter, giving back a small portion of the strong relative performance achieved over the past several quarters.
Surging volatility pressured U.S. equities to start 2026, as rapidly evolving macro conditions and the outbreak of a military conflict in the Middle East contributed to sharp shifts in investor sentiment.
Within IT, a broad-based selloff in software and higher-multiple growth names weighed on results.
suwadee sangsriruang/iStock via Getty Images
Key Takeaways
Markets: Surging volatility pressured U.S. equities to start 2026, as rapidly evolving macro conditions and the outbreak of a military conflict in the Middle East contributed to sharp shifts in investor sentiment. A broad-based sell
