Royce Investment Partners: Insights and News

We recently looked at the selection process for Royce Micro-Cap Fund, which is enjoying excellent results over the last year (see the performance table below for more details). In this piece, Jim and Andrew offer the investment thesis for three portfolio...

We often refer to small-caps as the “forgotten asset class.” Even with small-cap’s widespread institutional acceptance, many small-cap stocks continue to receive little analyst coverage, just as many investors are unaware of the asset class’s robust long-term performance record—and that record’s often significant divergence from large-cap performance. Based on these observa...

The mutual fund we manage in our Small-Cap Opportunistic Value Strategy, Royce Small-Cap Opportunity Fund, uses an opportunistic approach to invest in companies are categorized into themes: Turnarounds, Unrecognized Asset Values, Undervalued Growth, and Interrupted Earnings. The management team identifies a cataly...

In Royce Smaller-Companies Growth Fund, we look for companies that look poised for multi-year periods of robust growth driven by sustainable competitive advantages and/or benefiting from secular growth themes that create favorable conditions for the business. Each of the three companies we talk about in this piece...