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Fred Alger Management, LLC

PRI reporting framework 2019

You are in Strategy and Governance » Governance and human resources

Governance and human resources

SG 07. RI roles and responsibilities

07.1. Indicate the internal and/or external roles used by your organisation, and indicate for each whether they have oversight and/or implementation responsibilities for responsible investment.


Select from the below internal roles

          Director of Risk Management

07.2. For the roles for which you have RI oversight/accountability or implementation responsibilities, indicate how you execute these responsibilities.

Certain Alger portfolio managers have implementation responsibility for selecting investments for our dedicated ESG-focused mutual fund. In addition, a number of our clients provide investment restrictions around purchasing securities with ESG and SRI issues. In this manner, they devote part of their time to ESG issues. Similarly, in an oversight role, our CIO dedicates part of his time to ESG issues, as well as certain investment analysts who will engage with the portfolio manager of the ESG mutual fund on specific securities.

In connection with our Proxy Voting Policy, we oversee a third-party vendor who implements this policy to confirm that proxies are voted in accordance with our policy.  Additionally, in our general oversight of third-party vendors, we seek to encourage awareness of ESG principles and ask that such vendors consider these principles in thier overall business activities. 

07.3. Indicate the number of dedicated responsible investment staff your organisation has.

0 Number

07.4. Additional information. [Optional]

As mentioned prior, no Alger employee is fully dedicated to ESG portfolios; however, they may spend a considerable amount of time on ESG issues. 

I confirm I have read and understood the Accountability tab for SG 07 I confirm I have read and understood the Accountability tab for SG 07

SG 07 CC. Climate-issues roles and responsibilities (Not Applicable)

SG 08. RI in performance management, reward and/or personal development (Private)