Archive for September, 2019

Small-Cap Revival: Executives Not Worried About Recession

September 28, 2019

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REMEMBER TO REBALANCE INTO OUT OF FAVOR SECTORS

September 28, 2019
REMEMBER TO REBALANCE INTO OUT OF FAVOR SECTORS.

  • U.S. growth stocks, mega-caps, in particular, have dominated markets and portfolios for years
  • Their powerful performance means they have outsized positions in indexes and portfolios
  • Out of favor groups like small caps, cyclical stocks, value, and emerging markets have been beaten down and in many cases are selling at the lowest relative values to large-cap growth since the financial crisis
  • Divergence in valuations has created an opportunity not seen in years, to take some profits from overvalued large-cap growth and add to these unpopular and undervalued sectors

Watch the related WEALTHTRACK episode.

ROYCE: ORGANIZING PRINCIPLE

September 28, 2019

ORGANIZING PRINCIPLE

Royce Funds’ founder Chuck Royce is not only a legendary investor, managing multiple mutual funds, he is also personally responsible for the restoration and preservation of historically significant houses, hotels, and even towns, as well as being actively involved in museums, universities and numerous other charitable organizations over the years.

Watch the related WEALTHTRACK episode.

SMALL COMPANY EXECUTIVES ARE NOT WORRIED ABOUT RECESSION & THEIR STOCKS ARE MAKING A COMEBACK

September 27, 2019

Two investment tenets have been upended in recent years: one that value stocks, considered cheap by traditional metrics outperform growth stocks, the other that small companies outperform large ones.

Over the last decade, the opposite has been true. Growth stocks have dramatically outdistanced value stocks and large caps have significantly outperformed small company ones.

If you happen to be a value-oriented, small-cap investor it’s been a tough combination which is why contrarian minded observers think now might be a good time to revisit the space.

Chuck Royce, Founder, Chairman and Portfolio Manager of Royce & Associates joins us to discuss how some of his funds have outperformed benchmarks for multiple periods, with below-average market volatility.

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PREMIUM: ROYCE – SMALL CAP REVIVAL

September 25, 2019

SMALL CAP REVIVAL

Small company value stocks are coming back. Royce Funds’ small-cap pioneer Chuck Royce explains why.

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