Strong Results Lifted GE Vernova (GEV) in Q1

Fred Alger Management, an investment management company, released its “Alger Spectra Fund” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. In the first quarter of 2026, the Class A shares of the Alger Spectra Fund underperformed the Russell 3000 Growth Index. The Information Technology and Financials sectors contributed, while Consumer Discretionary and Utilities detracted from the performance. US equities experienced a volatile period in the first...