The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SPECX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the SPECX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SPECX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A much-needed bounceback.
Andrew Redden
Analyst
Summary
Alger Spectra’s seasoned managers give this growth strategy some appeal, but that’s reduced by its fees.