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At Alger, we view everything through a lens of change. There’s an enormous amount of change outside of the U.S. and that change is driving opportunities on the investment side.

In this replay of the conference call held on on Thursday, April 21, 2016, Alger International Growth Strategy Portfolio Manager Pedro Marcal shares his views on current trends and themes in international markets, and provides a portfolio update.

Click here for Pedro Marcal's Bio.

The views expressed are the views of Fred Alger Management, Inc. These views are subject to change at any time and they do not guarantee the future performance of the markets, any security or any funds managed by Fred Alger Management, Inc. These views should not be considered a recommendation to purchase or sell securities. Individual securities or industries/sectors mentioned, if any, should be considered in the context of an overall portfolio and therefore reference to them should not be construed as a recommendation or offer to purchase or sell securities. References to or implications regarding the performance of an individual security or group of securities are not intended as an indication of the characteristics or performance of any specific sector, industry, security, group of securities or a portfolio and are for illustrative purposes only. Investing in companies of all capitalizations involves the risk that smaller, newer issuers in which Alger invests may have limited product lines or financial resources or lack of management depth.

Please note that information provided is for informational purposes only to illustrate certain themes in various portfolios advised by Fred Alger Management, Inc. (“Alger”). It should not be interpreted as indicative of the past performance or a recommendation to purchase such holdings. It should also be noted that although the various portfolios invest in similar strategies, portfolio level differences exist, and therefore any individual holding referenced might not be held within a particular portfolio.

Investing in the stock market involves gains and losses and may not be suitable for all investors. Growth stocks tend to be more volatile than other stocks as the price of growth stocks tends to be higher in relation to their companies´ earnings and may be more sensitive to market, political and economic developments.

Founded in 1964, Fred Alger Management provides investment advisory services to institutional and individual investors through traditional and alternative strategies in a variety of products, including separate accounts, mutual funds and privately offered investment vehicles. For more information, please visit www.alger.com.