Legg Mason leverages off Royce's small-cap expertise

clock

Chuck Royce's small-cap-focused US firm has track record spanning four decades.

Royce & Associates has four decades of experience in US small-cap investing, giving the firm an obvious advantage in this competitive space. Co-CIO and company founder Chuck Royce is among the pioneers of smaller companies investment, developing his style at the home of value management, Colombia Business School. His firm has been a wholly owned subsidiary of Legg Mason since 2001 and retains its small-cap focus, with 95% of assets still at this end of the market. Manager of the Legg Mason US Smaller Companies fund, Lauren Romeo, highlights the company’s long-term investment strate...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on US

Federated Hermes' Pines: Impact of second Trump term on stock markets is 'overemphasised'
US

Federated Hermes' Pines: Impact of second Trump term on stock markets is 'overemphasised'

Amid rising tensions with China

Sorin-Andrei Dojan
clock 02 May 2024 • 1 min read
Fed holds rates steady as 'lack of further progress' on inflation signals higher for longer stance
US

Fed holds rates steady as 'lack of further progress' on inflation signals higher for longer stance

Slowdown of QT programme

Valeria Martinez
clock 02 May 2024 • 2 min read
T. Rowe Price's Ritu Vohora: Recalibrating expectations around the US
US

T. Rowe Price's Ritu Vohora: Recalibrating expectations around the US

From soft landing to no landing

Ritu Vohora
clock 26 April 2024 • 4 min read
Trustpilot