A key goal of Alger’s risk management process is making sure that our exposure to various factors is low relative to our benchmarks and that the strong majority of the risk in our portfolios comes from stock selection.
We are currently in the midst of a significant divergence between growth and value investing styles, driven by powerful secular trends impacting the equity landscape.
As the iPhone celebrates its 10th anniversary, mobile internet becomes ever more prevalent. The companies leading these global trends embody the positive dynamic change that Alger’s philosophy seeks.
Finding exceptional, small companies that have the potential to become successful, large companies is the goal of the small cap stock selection process at Alger.
The media tends to concentrate on the Fed and economic cycles but we at Alger think it should concentrate on the impact of innovation, the most powerful force in the economy.