MANAGING MONEY FOCUS
Half a century ago Chuck Royce identified small company stocks as a distinct asset class full of attractive investment opportunities. Starting with his flagship Royce Pennsylvania Mutual fund in 1972 he built a pioneering, small-cap oriented investment management firm, Royce & Associates which now has 18 micro, small and mid-cap focused mutual funds, several of them run by Royce himself. The firm recently announced its founder would retire from the day to day management duties as CEO and focus solely on managing money.
Chuck Royce: Trading And Restoring
With more than fifty years of investing and trading under his belt Chuck Royce has a different take on the allegation that high-frequency trading means the market is rigged. Plus this renaissance man explains his personal passion for restoring historic buildings, including Ocean House in Watch Hill, Rhode Island the site of a recent WEALTHTRACK taping.
In a WEALTHTRACK exclusive, Great Investor, Charles “Chuck” Royce, warns us not to read too much into recent super-sized stock returns, particularly off the 2009 market lows. He predicts quality companies will once again lead over speculative ones and active managers to overtake passive index strategies. This small cap pioneer, for one, has been doing that for decades. Continue Reading »
Chuck Royce of the Royce Funds, gives Consuelo a concise explanation to what still works after forty years of investing.