Fred Alger Management is an asset management arm of Fred Alger & Company Incorporated. The firm provides its services primarily to individuals. It also caters to investment companies, pooled investment vehicles, high net worth individuals, pension and profit sharing plans, charitable organizations, corporations, endowments and foundations, and
state or municipal government entities.
The firm manages separate client-focused equity portfolios. It also launches and manages equity and balanced mutual funds for its clients. The firm primarily invests in the public equity and fixed income markets across the globe. It invests in growth stocks of small-cap, mid-cap, and large-cap companies. The firm employs fundamental analysis with a bottom-up stock picking approach to create its portfolios. It uses in-house research to make its investments.
The firm was founded in 1964 and is based in New York City with an additional office in Jersey City, New Jersey. Fred Alger Management, Inc. operates as a subsidiary of Fred Alger & Company Incorporated.