In this commentary, Portfolio Managers Matt Weatherbie, George Dai and Josh Bennett discuss how defensive sectors and companies provide products that are essential throughout all market cycles.
Emerging markets discount relative to developed markets increased in July as trade woes persisted.
"In the new media ecosystem, it's unlikely that consumers will subscribe to 20 paid television services. So, the vast majority of content will still be ad supported." In our latest podcast, Weatherbie Senior Managing Director George Dai discusses the role of digital advertising in today's modern media landscape.
According to Weatherbie Capital, investors interested in innovation might look to the Industrials sector for unconventional growth opportunities. In our latest podcast, Weatherbie Director of Research Josh Bennett discusses the impact new technology and government spending are having on aerospace and defense.
Technology is helping to save lives in the workplace by tracking and analyzing workers’ activities.
5G technology is finally arriving and is likely to transform businesses and our daily lives while supporting economic growth.
Equity markets continued to decline in May as trade tensions remained at the forefront of global economic challenges.
Concerns about corporate earnings have driven bouts of market volatility, but in this blog, Dan explains that past periods of weakening profit growth have been favorable for growth equities. From 1984 to 2018, eight such periods occurred during which the Russell 1000 Growth Index generated a median return of 15.8% compared to the 14.1% return of the Russell 1000 Value Index.
In this insightful paper, the Weatherbie Capital team explains how leading companies that are using technology to capture market share and strengthen their economic moats can be attractive investment opportunities.
"Innovation is the best way for our companies to outgrow the economy and sustain long-term value creation." In our latest podcast, Small Cap Focus Portfolio Manager Amy Zhang discusses her portfolio, her team process, and recent volatility.
Emerging markets equities continued to rally in April as trade discussions between China and the U.S. progressed.
In our latest Market Update, Dan Chung and Brad Neuman discuss secular trends impacting the equity landscape and driving divergence between growth and value investing.
A dovish Federal Reserve and equity gains in Asia ex-Japan supported emerging markets performance in March.
Concerns about U.S.-China trade tension moderated and the central bank of India cut interest rates but emerging markets were virtually flat in February after rallying in January.
"Amidst a lot of short-term market noise, U.S. growth is showing signs of resilience and we continue to believe that we are in the one of the most innovative times in history." In our latest podcast, Patrick Kelly gives a portfolio update, as well as his broader outlook for the markets.
Innovation and demographics are creating attractive investment opportunities while driving the economy forward. In this blog, Dan explains how Baby Boomers, Gen X and Millennials are increasingly embracing innovation and creating opportunities for leading companies across industry sectors.
Emerging markets generated strong gains in January and outperformed developed markets.
"Small cap has always been volatile in the 16 years that I've been managing it. We spend a lot of time differentiating bumps in the road versus permanent impairment of fundamentals." In our latest podcast, Amy Zhang discusses market volatility and whether small cap equities are too exposed or if they can offer additional investment opportunities.
Technology and innovation are quickly transforming many aspects of the Health Care sector. In this blog, Alger CEO Dan Chung discusses the profound impact that these advancements are having on patients and investors.
Emerging market equities outperformed in December but their valuations continue to look attractive relative to developed markets.
"Disruptors are very exciting, and that usually means whatever was there didn't work very well. You're happy that they're being disrupted, and that there's something new coming that works." Alger Health Sciences Portfolio Manager Teresa McRoberts explains what factors have been driving health care sector outperformance.
The evolution of the internet illustrates why the digital revolution is disrupting legacy business models and creating exciting growth opportunities for innovative companies. In this blog, Alger CEO Dan Chung discusses why Internet 3.0 may be the most transformative cycle of the digital revolution since the birth of the internet.
Federal Reserve policy, declining Treasury yields and moderating concerns about U.S.-China trade drive emerging markets outperformance.
eSports are drawing huge spectator crowds as professional gamers compete for muliti-million dollar prize pools. At the same time, the rapidly growing eSports industry is creating potentially attractive investment opportunities.
The trend of small companies disrupting business practices with innovation extends across industries. This blog post focuses on how smaller companies are succeeding by introducing innovation for human resource functions and financial operations.
Rising interest rates in the U.S. and global trade uncertainties contributed to the negative return of emerging markets in October. We believe emerging markets equities remain attractively valued after a volatile month.
The autumn equity selloff has been driven by concerns about a potential trade war with China and rising interest rates. Amy Zhang explains why the Small Cap Focus Fund may be well suited for current market conditions and how she uses market volatility when managing the portfolio.
Concerns about global trade and tariffs lingered during September but currencies stabilized.
"Digital transformation is playing out across all sectors, and companies will likely need to accelerate their IT spending to effectively compete." In our latest podcast, Patrick Kelly gives a portfolio update, as well as his broader outlook for the markets.
Sometimes it seems as though we can’t keep up with technology due to the rapid pace of advancements. However, we at Alger believe in the power of technology to enhance economic growth. When we look at the bigger picture, both innovation and productivity are growing strongly.
Investor sentiment improved marginally during the month as crude prices declined, uncertainties around global trade moderated and emerging markets currencies held relatively steady with the exception of the Turkish lira.
Concerns about weakening global trade, higher crude oil prices, and currency depreciation extended pressure on emerging markets equities in June. At the end of the month, however, emerging markets equities were attractively valued relative to developed markets equities.
The Industrial Revolution of the 18th and 19th centuries was characterized by abrupt and rapid technological and sociological transformation. We are now in the midst of another industrial upheaval driven by a digital and data revolution that is impacting businesses, investors, and consumers alike.
Concerns regarding global trade helped drive equity losses around the globe, while a summit between North Korean leader Kim Jong Un and President Donald Trump went forward after a prior meeting had been cancelled.
After a nearly one-and-a-half-year period in which the S&P 500 Index didn’t experience a single monthly decline, market volatility has returned and many pundits are opining of doom and gloom for investors.
Geopolitics dominated emerging markets, driving volatility but valuations remain attractive. On a positive note, North Korean leader Kim Jong Un crossed the demilitarized zone in a historic summit with South Korea.
In a reversal of its multi-year decline, the yield for the 10-year Treasury bond has been rising significantly and recently broke out above its trendline. We believe this signals a major inflection in the bond market and the potential continuation of the underperformance of “bond-like equites.”
In this podcast, Weatherbie Specialized Growth Strategy Senior Managing Director and Director of Research, Josh Bennett discusses how the strategy evolved over time to focus on 50 stocks, and how Weatherbie's team process identifies the ideal companies for the portfolio.
The global equity selloff continued in March, but emerging markets outperformed developed markets. In this blog, Emerging Markets Portfolio Manager Deborah Vélez Medenica, identifies developments that drove market volatility and explains why emerging markets equities have potential to generate gains over the long term.
Weatherbie Capital, LLC has brought its flagship Weatherbie Specialized Growth Strategy to Alger. The strategy is a high conviction, high active share, focused portfolio of smaller cap companies. In this podcast, we discuss the foundation and opportunity stocks that make up the Strategy.
In this Market Update, we evaluate the underlying sector weightings in the S&P 500 and MSCI EAFE indices to explore valuation discrepancies. We also discuss why we believe the most innovative companies outperform over the long term.