As Head of Global Strategies, Senior Consultant of Envestnet, Inc., Mr. Karabell helps shape and communicate Envestnet’s investment perspective and deep research capabilities to clients and the media alike, and frequently advises the PMC Investment Committee. He also consults with the senior management of Envestnet on corporate strategy, branding, and market position.
Mr. Karabell is President of River Twice Research, a consulting company. Previously, he was Executive Vice President, Chief Economist, and Head of Marketing at Fred Alger Management, a New York-based investment firm. He was also President of Fred Alger & Company, a broker-dealer; Portfolio Manager of the China-U.S. Growth Fund (CHUSX); and Executive Vice President of Alger’s Spectra Funds, a no-load family of mutual funds that managed the Spectra Green Fund. At Alger, he oversaw the creation, launch, and marketing of several funds, led corporate strategy for strategic acquisitions, and represented the firm at public forums and in the media.
Educated at Columbia, Oxford, and Harvard, where he received his PhD, Mr. Karabell has taught at several leading universities, including Harvard and Dartmouth, and has written widely on economics, investing, history, and international relations. He is the author of twelve books, most recently "The Leading Indicators: A Short History of the Numbers That Rule Our World," and sits on the board of the New America Foundation and the Carnegie Council on Ethics. In 2003, the World Economic Forum designated him a “Global Leader for Tomorrow.” He is a Senior Advisor for BSR, a membership organization that works with global corporations on issues of sustainability.
As a commentator, Mr. Karabell is a Contributing Editor for Politico Magazine and writes the regular “Wealth of Nations” column. Previously, he penned "The Edgy Optimist" column for Slate, Reuters, and The Atlantic. He is a commentator on CNBC and MSNBC, and also contributes to such publications as The Washington Post, Time Magazine, The Wall Street Journal, The Los Angeles Times, The New York Times, Foreign Policy, The Financial Times, Foreign Affairs, and Barron's.
*non-voting member of the PMC Investment Committee