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.
"We remain bullish on the innovative engine that is driving many growth businesses. The good news is that we continue to see a tremendous amount of change in the markets and a significant amount of innovation and disruption of traditional businesses." Portfolio Manager Patrick Kelly gives a strategy update and broader outlook for the markets.
In this commentary, Alger Small Cap Focus Strategy Portfolio Manager Amy Zhang provides an overview of 2016 and explains why this is an opportune time for using a research-driven strategy that invests in what we believe are exceptional small cap growth companies.
"At Alger, we view the recent U.S. presidential election as pro-business and see it as a positive for the economy and stocks." In our latest commentary, CEO and Chief Investment Officer Dan Chung discusses why we believe the future may hold tremendous opportunity for businesses.
"ESG fits well with Alger in that companies embracing ESG tend to be more innovative and progressive." In this podcast, Portfolio Managers Chris Walsh and Greg Adams discuss how Alger’s new ESG (Environmental, Social, Governance) Strategy evolved from the Alger Green Strategy and their process for managing the portfolio.
Standing at the helm of the Alger Small Cap Focus strategy is Portfolio Manager Amy Zhang, whose long-term success investing in small cap stocks is getting noticed. Since taking over in February 2015, her distinctive approach has garnered praise from investment consultants and Morningstar. We asked Amy to explain her investment process and how the strategy stands apart from its peers.
"I think we are seeing the end of the bond bull market. And what drives it, for equities, will be the return to fundamentals: fundamentals of the companies, fundamentals of the real consumer, and real underlying economies." In this podcast, Alger CEO and Chief Investment Officer Dan Chung discusses global financial markets, how corporate and economic fundamentals remain reasonably strong, and why the Fed "no longer matters".
"In the first half of this year, we saw a stunning crowding effect in dividend-paying stocks, namely in telecoms, staples and utilities, which is artificially inflating prices and is primed to mean revert." In this interview with Citywire Selector, Dan Chung discusses how valuations are unsustainable and Alger is positioning its long-only and long/short funds ahead of investor sentiment shifting towards consumer, technology and healthcare stocks.
"We're looking for exceptional small companies that, we believe, have the potential to come exceptional large companies over time." In this replay of the conference call held on on Tuesday, June 8, 2016, Alger Small Cap Strategy Focus Portfolio Manager Amy Zhang shares her views on current trends and themes in emerging markets, and provides a portfolio update.
"In international markets, volatility is here to stay. And what you're going to find out, I think, is that volatility is a rebirth of active investing." The Alger Global Growth Strategy recently celebrated its third anniversary. Marking the occasion, Portfolio Managers Pedro Marcal and Deborah Vélez Medenica discuss recent market moves, their process in managing the strategy, and why they continue to have a very optimistic outlook for global investing.