"Our goal is to provide lower volatility than the market over a three-to-five-year cycle, capture two-thirds or more of the upside, and less than half of the downside over time." Alger Dynamic Opportunities Portfolio Manager Greg Adams gives his outlook on the strategy.
"Hedged equity has historically generated more attractive returns with lower volatility relative to the broad market, when interest rates are rising." Alger Investment Analyst Brad Neuman discusses our recent white paper "Using Rising Interest Rates to Your Advantage."
In this commentary, Alger CEO and CIO Dan Chung remains optimistic on equities and in his market commentary discusses why stocks are likely to perform strongly this year.
"We continue to see a tremendous amount of change in the markets and a significant amount of innovation and disruption of traditional businesses." Alger Spectra Fund and Capital Appreciation Fund Portfolio Manager Patrick Kelly gives his update and his broader view on the markets.
The continuation of our “Think Further” brand campaign features data strategist Kenneth Cukier discussing “Big Data.” In addition, “The Analyst Conversations,” features Alger analysts discussing innovations that are disrupting sectors and industries, and creating investment opportunities for Alger’s clients.
Investors typically expect long/short equity funds to dampen overall portfolio volatility, but many of these funds appear to be long-only funds masquerading as lower volatility vehicles. The varying investment strategies in the Morningstar Long/Short Equity category have led to wide performance dispersion and investor confusion. We believe investors may be taking unrealized risks by misinterpreting high returns as a success factor.