Ralph Wanger

DEFINITION of 'Ralph Wanger'

The former chief portfolio manager for the Acorn Fund who founded Wanger Asset Management. Ralph Wanger also gained acclaim for his witty investment newsletters to shareholders for his established small-cap invesment fund. Wanger was a firm believer that the only way to really beat the market over time was to find a long-term macroeconomic trend that would give a well managed company some sort of edge against its competitors.

BREAKING DOWN 'Ralph Wanger'

Ralph Wanger obtained both his bachelor's and master's degrees from MIT, finishing in 1955. Five years later he entered the investment arena, finally becoming the manager of the Acorn fund in 1977. He retired from the fund in 2003, having posted an impressive annual return in the fund of just over 16% per year - outperforming the S&P 500 by a whopping 4%.

RELATED TERMS
  1. Funds Management

    The management of the cashflow of a financial institution. The ...
  2. Portfolio Manager

    The person or persons responsible for investing a mutual, exchange-traded ...
  3. Fund Manager

    The person(s) resposible for implementing a fund's investing ...
  4. Management Fee

    A charge levied by an investment manager for managing an investment ...
  5. Active Management

    The use of a human element, such as a single manager, co-managers ...
  6. Multiple Managers

    A situation that occurs when an investment portfolio's assets ...
Related Articles
  1. Insights

    Micro-investing App Acorns Raises $30M (PYPL)

    Micro-investing app Acorns raises $30 million in last round of funding.
  2. Investing

    Acorns: The Perfect Investing Tool For Millennials

    We look at how the Acorns app works, how it makes money, and why is it innovative.
  3. Markets

    Ralph Lauren Stock Falls 10% on Restructuring Plan

    Ralph Lauren is also looking to adjust and tweak its distribution and expansion strategies and trim costs.
  4. Investing

    Polo Ralph Lauren Plunges After Dismal Guidance

    Shares of Polo Ralph Lauren (NYSE: RL) plunged as much as 10% on Tuesday after the company announced layoffs, store closings, and weak guidance for the year. The stock rebounded and finished ...
  5. Investing

    Coach CFO Leaves for Same Job at Ralph Lauren

    Handbag maker Coach (NYSE: COH) is just getting its bearings once more after suffering through several years of falling sales, but its CFO, Jane Hamilton Nielsen, just announced she is leaving ...
  6. Insights

    Nike and Ralph Lauren Shine in e-Commerce (NKE, RL)

    A Goldman Sachs analyst has identified Nike and Ralph Lauren as opportunities in the apparel retail sector.
  7. Markets

    4 Reasons Why Fund Managers Prefer Individual Stocks (BRK-A, VOO)

    Learn about some of the reasons why fund managers prefer trading in individual stocks over index funds, despite their overall cost savings.
  8. ETFs & Mutual Funds

    Should You Follow Your Fund Manager?

    Learn how to tell if a fund in flux is still a suitable investment.
  9. ETFs & Mutual Funds

    Has Your Fund Manager Been Through A Bear Market?

    How to find a portfolio that will survive when the bulls stop charging.
  10. ETFs & Mutual Funds

    The Top 5 Small Cap Mutual Funds for 2016

    Learn about small-cap mutual funds that are poised for solid performance in 2016. Understand how the small-cap market has higher volatility and risk.
RELATED FAQS
  1. What are the best ways to learn and engage in investing?

    Recently decided to get into investing. Signed up with Acorns, but don’t know if that was the best move. Any help or ... Read Answer >>
  2. Where does a hedge fund get its money?

    Learn how a hedge fund is structured and how the managing partner of the fund goes about the process of finding and soliciting ... Read Answer >>
  3. Where do most fund managers get their market information?

    Many fund managers, whether they manage a mutual fund, trust fund, pension or hedge fund, have access to resources that the ... Read Answer >>
  4. What percentage of asset management firms are privately held and not publicly traded?

    Explore asset management firms, a major part of the financial services sector, and learn about the respective markets served ... Read Answer >>
  5. How do I calculate the loan-to-value ratio using Excel?

    Learn what a mutual fund and a money market fund are, and understand the differences between each and how they serve various ... Read Answer >>
  6. What is an appropriate large cap mutual fund fee?

    Discover what an appropriate fee for a large-cap mutual fund should be, and learn how choosing index mutual funds can lead ... Read Answer >>
Hot Definitions
  1. Glass-Steagall Act

    An act the U.S. Congress passed in 1933 as the Banking Act, which prohibited commercial banks from participating in the investment ...
  2. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  3. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  4. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  5. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  6. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
Trading Center