Amy Zhang is sticking to her belief that the little guys can uproot the legacy players. She knows, because she did it herself.
Money Management Executive has announced that Alger Portfolio Manager Amy Zhang has been named as one of their ten winners of the Top Women in Asset Management.
From eSports to self-driving cars to the adoption of machine learning, keeping up with radical technology shifts can be daunting for investors. Alger Technology Sector Analyst Ben Reynolds provides an update on these investing themes and discusses why he believes the better technology companies are making efforts to disrupt themselves.
Whose advice should you trust? The advice you give yourself may be sound as long as you can distance yourself from your situation. This so-called self-distancing can enable you to make wiser decisions in both investing and life in general.
Increased confidence in Alger Small Cap Focus manager Amy Zhang and her supporting team and strong results since her 2015 start merit an upgrade in the fund’s Morningstar Analyst Rating to Silver from Bronze.
"Amy Zhang has led a big turnaround at the Alger Small Cap Focus Fund by finding innovative companies." Portfolio Manager Amy Zhang is featured in MarketWatch.
"5 Star Mutual Fund Managers. What do they have in common? Hard work is one touchstone, as is a thirst for learning, and an appreciation of history." Amy Zhang is profiled in Investment News.
While debt levels around the world are quite high, debt service is generally manageable and U.S. debt service for the consumer and business sectors is considerably lower than it has been in the peaks prior to the past two recessions.
In this edition of Capital Markets: Observations and Insights, we review likely rising interest rates and the possible broader implications for asset classes, sectors, and securities.
In this edition of Capital Markets: Observations and Insights, we outline why we believe increasing corporate investment should help drive a resurgence in productivity growth in the U.S.
In this edition of Capital Markets: Observations and Insights, we outline why we believe business spending is set to accelerate and outpace the broader economy. Additionally, we review why Growth equity fundamentals have outpaced those of Value stocks, driving performance results.
In this three-part video series, Client Investment Strategist Brad Neuman provides his thoughts on how fundamentals have driven stock prices in 2017, the resurgence in earnings growth, and the powerful long-term forces that are driving divergence between Growth and Value performance.
In this three-part video series, Client Investment Strategist Brad Neuman provides his thoughts on what is now driving stock prices, the resurgence in earnings growth, and areas of the equity market that are attractively valued.
"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.
With a world of information at our fingertips, attention is at a premium. At the same time, digital interfaces, e.g., computers, tablets and smartphones, are cutting out the middleman, allowing brands to communicate directly with consumers in unprecedented ways. The result is increased digital advertising spending.
The market backdrop of low interest rates and strong earnings growth may be favorable for equities in 2018 but on November 6 mid-term elections will decide the fate of hundreds of seats in the U.S. Congress. How might the market react?
In 1993 the Dow Jones Industrial Average was under 4,000; it seems like a different era. But that is how far back we have to go in the evolution of the internet to find a comparable point in the growth of the new asset class, cryptoassets. If that comparison is fair, there may be considerable growth ahead in cryptoassets.
This Labor Day workers have good reason to celebrate. For the first time on record, the number of job openings exceeds the number of unemployed. As the labor market tightens, workers should increasingly find themselves in the economic driver’s seat.
The yield curve has a strong track record of predicting recessions. Recently the Federal Reserve published a paper that shows a shorter term yield curve is a more accurate forecaster of recessions than the traditional yield curve. However, the short-term yield curve tells a different story.
Seven years ago Marc Andreesen wrote that “software is eating the world.” At the time, software investment had already seen considerable gains. Since then, growth in software investment has been so strong that it likely comes as a surprise to anyone who didn’t predict the vast digital revolution taking place. The digital revolution may be in its early innings.
Various periods in history have been marked by fears of trade wars. Indeed, the cover of Time magazine on October 7, 1985 depicts Uncle Sam with arms outstretched as if to stop free trade dead in its tracks, amidst the caption, “Trade Wars.” However, before and since that period, and for much of history, tariffs have declined as the world becomes more interconnected.
Whose advice should you trust? Actually, research suggests that you can trust yourself if you are able to distance yourself from your own situation. This self-distancing can enable you to make wiser decisions in investing and in life.
India is undergoing a digital revolution that is transforming the 1.3 billion-person country by formalizing the economy through an increased participation rate. These changes demonstrate the Positive Dynamic Change we seek in our investments at Alger.
Back in 1993, just 0.3% of people participated in the internet. That’s about where we are today in terms of the global penetration of active cryptocurrency users. If that is a fair comparison, there may considerable growth ahead for cryptoassets.
For the first time in history, the middle class, people with some disposable income, is projected to become the largest economic block in the world over the next decade. The middle class will outnumber those simply seeking daily survival and the implications are far-reaching.
Weatherbie Capital, an Alger subsidiary, employs a multi-sleeve style of portfolio management, allowing each manager to run a focused sleeve of a strategy. We believe this approach marries the merits of a team-based approach with those of a single manager model.
Warren Buffett sums up his central investing lesson by referencing baseball: “…wait for the right pitch and wait for the right deal.” By investing in focused strategies, investors can apply Buffett’s advice and potentially benefit from it.
We believe we are now in the midst of another industrial revolution, one that is driven by digital transformation. Each of the technologies involved will have far-reaching consequences for businesses and society, and interestingly, they are all converging at the same time.
Find fact sheets and related literature on our investment strategies