Positive Dynamic Change
During our 60-year history, we have had three leaders with one vision: maintaining the legacy and continuity of the Alger Investment Philosophy.
We strive to deliver consistently superior investment results for our clients. Investment management is our only business. We believe our independence enables us to remain true to our investment beliefs.
Fred Alger launched our firm in 1964 with a research-intensive strategy that would eventually be known as growth investing. Since then, our time-tested strategy has withstood the stagflation of the 70s, the market decline in 1987 called "Black Monday," the tech bubble collapse in 2000 and more recently the subprime mortgage crisis. By adhering to our disciplined investment process, we have generated returns that have been recognized by national publications, industry researchers and, most importantly, our clients.
Dan Chung is passionate about preserving the legacy of Alger's disciplined and research-driven principles.
Alger epitomizes growth investing. We have the right philosophy, the right integrated process and the right people in place.
Founded in 1964, Alger is recognized as a pioneer of growth-style investment management.
The acquisition of Redwood, an independent, majority woman-owned firm, will bring decades of investment experience managing international and U.S.-domestic portfolios to Alger. Redwood follows a fundamental, bottom-up stock selection process across its equity strategies, which is complementary to Alger’s existing investment approach and research process within its U.S. and global portfolios.
This award, which is offered through Think Advisor/Investment Advisor Magazine, recognizes individuals who have led significant charitable programs within their communities that have demonstrable impact with (replicable) results.
Portfolio Manager Amy was included in the Money section with 49 other successful female investors, in recognition for her efforts managing Alger Small Cap Focus, Small Cap Growth, and Alger Mid Cap Focus strategies. Forbes also notes that Amy is committed to creating opportunities for Asian American women in professional fields.
Portfolio Manager Ankur Crawford was named a “See It, Be It, Role Model” by InvestmentNews as part of their Excellence in Diversity, Equity & Inclusion Awards! These awards honor individuals in the finance industry who have worked to create a more diverse industry. The “See it, Be it Role Models” are individuals in the business who exemplify success and can inspire others from diverse backgrounds to embrace the profession.
The Brooklyn Without Borders Medal recognizes individuals and organizations that have endeavored to improve the human condition through humanitarian efforts and have demonstrated a tireless service to communities in and beyond Brooklyn.
The firm made its return to the Wall Street area.
Alger won the Gramercy Institute's 2021 Content Market Program Award for B2B marketing, having tied for the distinction with Janus.
Alger won the Fund Intelligence's Mutual Fund Industry Award for best "Sales and Marketing Excellence Through the COVID-19 Pandemic (small firms)."
For the second year in a row, HFM designated Dynamic Opportunities the Best 40 Act Fund at the HFM US Performance Awards.
Portfolio Managers Amy Zhang and Ankur Crawford were both nominated for Women in Asset Management's Active US Equity Manager of the Year award, with Amy Zhang winning the distinction. Both Amy and Ankur are dedicated to supporting other women and minority groups in financial services.
The Alger Mid Cap 40 ETF and Alger 35 ETF both enable investors access to our investing prowess in a new way that may suit them.
In 2020, amidst the COVID-19 pandemic, employees at Alger sought to pay tribute to the nurse managers at The Brooklyn Hospital Center.
Recognizing outstanding business leaders, the best creative minds and the top performers across U.S. asset management, Fund Intelligence identified Alger as the leading content strategist within the industry.
After conducting a comprehensive assessment of its carbon footprint and developing a holistic understanding of the firm's impact on carbon output, Alger achieved carbon neutral status, confirming our long-term commitment to conservation and climate action.
Alger announced the expansion of its suite of focused portfolios with the launch of the Alger Mid Cap Focus Fund.
Alger expands its growth equity expertise with the acquisition of Boston-based Weatherbie Capital, LLC. Weatherbie invests in U.S. small and mid cap companies poised for growth.
Portfolio Manager Patrick Kelly shared his views on Alger's process, his outlook on the U.S. markets and his thoughts on the portfolios.
The Small Cap Focus Strategy primarily invests in a focused portfolio of approximately 50 growth equity securities of U.S. small cap companies identified through our fundamental research as demonstrating promising growth potential.
Alger is a signatory to the PRI. We are committed to the six Principles for Responsible Investment and integrate these values into our investment and decision-making processes.
Alger dedicated its office to the memory of Alger employees lost on 9/11. Mayor Michael Bloomberg attended the dedication ceremony.
Alger launched its first focused portfolio, which was built with our analysts' best and highest conviction ideas.
Dan Chung featured in Barron's article "This Bull Isn't Done."
The fund provides alternative investment opportunities in the form of a mutual fund.
Alger named among America's Best Fund Managers by Barron's. Alger's Capital Appreciation and Spectra strategies were featured.
The Alger Dynamic Return Strategy, the firm’s first long/short strategy, launches.
The Alger Candlelight Giving Committee is an employee-supported program with the mission of giving back to the community and those less fortunate. Our employees proudly support numerous charities and non-profit organizations through donations and active volunteering.
Dan Chung received the Corazon de Oro Award from Fabretto Children's Foundation.
Dan Chung on CNBC: A Firm Reborn.
Dan Chung named Chief Executive Officer.
Alger featured in Investor's Business Daily "Alger Rallies After 9/11 Attack."
Dan Chung featured in Barron's "Super Talents: Lifting the Masks off Some Unsung Heroes."
Dan Chung featured in book "Investing with Young Guns."
Dan Chung named Chief Investment Officer.
David Alger established a more formal, hands-on management style at Alger.
I believe in a high level of interaction in terms of walking around and seeing what people are doing and encouraging them.
In an unprecedented attack on 9/11/2001, Alger lost 35 employees working at its World Trade Center headquarters. In the weeks and months following the tragedy, Fred Alger and other alumni returned to help rebuild the firm in honor of those lost.
Fred Alger appeared on CNBC and discussed David Alger and other employees lost on 9/11 as well as the rebuilding of the firm.
David Alger and eBay CEO Meg Whitman discussed the online auction company on CNBC.
"On Top Of the World" focused on David Alger.
Fred Alger named to Barron's "All Century Team."
David Alger listed in USA Today's "Fund Managers of the Decade."
Barron's interview with David Alger: "Still Raging."
As a result of rapid expansion and a need for large office accommodations, the firm moved to New York's World Trade Center. Assets under management exceed $10 billion.
Fortune Magazine Retirement Guide: "If It Moves, Get on It." David Alger discusses the Spectra Fund.
David Alger featured in Worth magazine article "The Top Five Most Aggressive Fund Managers."
Alger launches a SICAV fund to broaden its investor base and reach international investors, and establishes a suite of international products that still exists today.
"David Alger accounts for four of the ten best-performing funds this year. No other fund family or manager comes close."
Fred Alger founded the firm in 1964.
In anything that I do, I want to compete at the very highest level within my ability.
He eventually becomes Chief Executive Officer, Chief Investment Officer and Portfolio Manager of various strategies, which are positions he currently holds.
David Alger publishes "Raging Bull: How to Invest in the Growth Stocks of the '90s."
Alger begins managing the flagship Spectra Fund.
David adopted his brother's ideas and built them into his own principles.
Early promotional film of Fred Alger at the firm's headquarters at 26 Broadway in downtown Manhattan. Fred introduces several of his employees including Alger's first full-time employee, Bill Scheerer, as well as David Alger. The firm had fewer than ten employees at the time.
Fred discusses his role as a portfolio manager: “I think I have an ability to assemble diverse bits of information in a different, possibly creative way to see value where others haven't seen it.”
Fred Alger featured on the cover of Institutional Investor.