CityWire: Amy Zhang

PROFESSIONAL BUYER

JUL 2018 16

MANAG E R P RO F I L E

INSIDE OUT

Fred Alger Management’s Amy Zhang is sticking to her belief that the little guys can uproot the legacy players. She knows, because she did it herself

chance on me,’ Zhang says. ‘I want to support underrepresented female students in STEM because we don’t have enough students who can do that and I want to give back. Just like the under-the-radar companies that I want to discover, it’s kind of like planting a seed and watching it blossom into flowers.’ FINDING THE SWEET SPOT In the world of investing, Zhang also has a track record of discovering ‘seeds’ that have the potential to grow into flowers. Prior to joining Fred Alger Management in 2015, Zhang spent more than 12 years at Brown Capital Management, where she co-managed the now $5.1 billion Brown Capital Management Small Company fund. At Fred Alger, she has managed the Small Cap Focus fund since its inception, taking it from less than $14 million in February 2015 to more than $1.4 billion in assets today. The fund has returned 63.9% over the past three years to the end of May and ranks seventh out of 139 Small-Cap Growth funds tracked by Citywire. Zhang attributes the strategy’s outperformance to her core philosophy. That involves identifying and investing in small, exceptional companies undergoing positive

VICKY GE HUANG

T hirty years ago, Amy Zhang, born and raised in Shanghai, was selected from 2,000 students for a scholarship to attend high school in the US. Today she is a Columbia Business School alumna, the sole portfolio manager for the $1.4 billion Alger Small Cap Focus fund and founder of the AYZ STEM scholarship for freshmen from underrepresented demographics who intend to study science, technology, engineering or mathematics (STEM) at her alma mater, Manhattanville College. These seemingly disparate events are connected by an elegant juxtaposition. ‘I was a scholarship kid. I felt they took a

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