Charles M. Royce, founder of Royce Investment Partners, will transition to a Senior Advisor role on September 30, 2024, after 51 years with the company. This marks the completion of a nearly decadelong leadership handoff for the investing legend. Royce Investment Partners is known for its focus on small-cap investments and has been a prominent player in the financial industry for decades.
Were you surprised that the Russell 2000 Index did so poorly in the second quarter? Francis Gannon, co-chief investment officer at Royce Investment Partners, expressed surprise at the index's 3.3% decline during that period. This news comes as a disappointment for investors who were hoping for better performance from small-cap stocks.
Join us for an evening panel discussion with Gunjan Banati, chief risk officer and managing director at Royce Investment Partners, and Dianne McKeever, founder and CIO of Ides Capital Management. The discussion will focus on market trends, risk management strategies, and the future outlook for small-cap investments.