Fred Alger Management, an investment management company, released its third-quarter 2026 investor letter for “Alger Weatherbie Specialized Growth Fund”. U.S. equities edged higher in Q3 (S&P 500 +2%) in the quarter, supported by solid earnings and AI investments, though narrow market breadth left roughly 60% of index stocks in negative territory. Macro headwinds intensified as Middle East conflicts pushed oil above $100/barrel, driving Energy gains while elevated interest rates weighed...
Alger Weatherbie Specialized Growth Fund’s Q3 2026 Investor Letter
