Fred Alger Management has announced its plans to consolidate all of its open-end mutual funds into the Alger brand by September.

“We believe these changes are in the best interests of shareholders, reflect feedback from our clients, and will help simplify the Alger brand in our core distribution channels and with our shareholders,” said Dan Chung, CEO and CIO of Fred Alger. “More importantly, we are reinforcing our commitment to the intermediary community, which we believe can best benefit from the Alger style of managing money.”

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.