They need index fund competitors.
Retirement of a longtime manager leads to a downgrade to Neutral from Silver for this fund.
A more tempered ride, in both downturns and in upturns.
Targeted index funds are coming.
Morningstar Italy’s Valerio Baselli interviewed Taillardat in February. His answers have been edited for length and clarity.
In a bid to broaden its lineup, Alger is betting that new manager Amy Zhang can replicate her past success running a focused fund.
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