Published on 6 Apr 2022 on Insider Monkey via Yahoo Finance
ClearBridge Investments, an investment management firm, published its “International Growth ACWI ex-U.S. Strategy” fourth quarter 2021 investor letter – a copy of which can be downloaded here. During the fourth quarter, the ClearBridge International Growth ACWI ex-U.S. Strategy outperformed its MSCI ACWI Ex-U.S. benchmark. The Strategy delivered gains across seven of the 10 sectors in which it was invested (out of 11 total), with the consumer staples, industrials, health care, and materials sectors the primary contributors. The financials, communication services, and consumer discretionary sectors were detractors. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.
ClearBridge Investments International Growth ACWI ex-U.S. Strategy, in its Q4 2021 investor letter, mentioned Just Eat Takeaway.com N.V. (NYSE:JTKWY) and discussed its stance on the firm. Founded in 2000, Just Eat Takeaway.com N.V. (NYSE:JTKWY) is an Amsterdam, Netherlands-based multinational online food ordering and delivery company with an $8.3 billion market capitalization, and is currently spearheaded by its CEO, Jitse Groen. Just Eat Takeaway.com N.V. (NYSE:JTKWY) delivered a 29.85% and it closed at $7.70 per share on April 04, 2022.
Here is what ClearBridge Investments International Growth ACWI ex-U.S. Strategy has to say about Just Eat Takeaway.com N.V. (NYSE:JTKWY) in its Q4 2021 investor letter: