MutualFundWire.com: Alger and 7 Other AMs Win Big In St. Pete
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Friday, March 14, 2025

Alger and 7 Other AMs Win Big In St. Pete


A New York City-based growth boutique won big this week in the Sunshine State, as did seven other fund firms.

Earlier this week, at the Envestnet Engage manager forum event at the Vinoy Resort in St. Petersburg, Florida, the Envestnet team revealed the eight winners of the Berwyn, Pennsylvania-based TAMP's 21st annual awards program. All winners of the 2025 Asset Manager of the Year Awards have to be covered and researched by the 28-person due diligence team at Envestnet | PMC.

Alger led the pack of winners with two wins: "manager of the year" (for the Alger Capital Appreciation SMA) and a tie for "U.S. large cap and all cap" (for the Alger Capital Appreciation Fund).

The other seven winning fund firms were:

  • AllianceBernstein, "fixed income," for the AB Tax Aware Fixed Income Managed Account;

  • BlackRock, "specialty," for the BlackRock Strategic Income Opportunity Fund;

  • CRM, "U.S. small, SMID, and mid cap," for CRM Small/Mid Cap Value;

  • Federated Hermes, tied for "U.S. large cap and all cap," for Federated MDT Large Cap Value;

  • Fidelity, "multi-asset," for Fidelity Target Allocation Model Portfolios, Fidelity Target Allocation Blended Model Portfolios, and Fidelity Target Allocation Tax-Aware Model Portfolios;

  • Impax, "sustainable," for the Impax Small Cap Fund; and

  • WCM, "international, EM, and global equity," for WCM Quality Global Growth ADR.

    • "This year's winners delivered solid results in a time period of sustained economic and market uncertainty," states Dana D'Auria, co-chief investment officer and group president of Envestnet Solutions. "They continue to set new benchmarks for client dedication and innovation — and the ultimate winners are investors and the industry."


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