Large Cap Growth Update
April 22, 2022
Large Cap Growth Equity Strategy in Line With Benchmark for the Quarter
The strategy performed in line with the Russell 1000 Growth Index for the first quarter, with favorable effects from biases toward lower valuations. Sector allocations added 0.3%, but the strategy was negatively impacted by fundamentals and other factors in our stock selection models as well as by underexposure to mega cap names.