Where Are Small-Caps Headed Next?
Co-CIO Francis Gannon on the state of the current small-cap market, the prospects for value's leadership, and why cyclical businesses with global exposure continue to look attractive.
Will Amazon Kill All Retail?
Portfolio Manager Charlie Dreifus looks at the impact of e-commerce and how it’s affected his investments in small-cap retailers.
The September Shift to Small-Cap Value + 5 More Observations on 3Q17
Co-CIO Francis Gannon on a September Shift for small-caps (and interest rates) and why it could mean good news for cyclical stocks.
Why Asset Allocators Should Consider International Small-Cap
Portfolio Manager David Nadel describes why international small-cap is an asset class worth considering.
Co-CIO Francis Gannon sizes up the small-cap market, which looks primed for a leadership shift to cyclicals.
Is It Time for International Small-Cap?
Portfolio Manager David Nadel makes the case for international small-caps.
Why Go Global with Small-Caps?
Co-CIO Francis Gannon looks at recent data and sees encouraging trends for small-caps cyclicals with growing earnings and global exposure.
Where Chuck Royce Thinks Small-Caps are Headed
Portfolio Manager Chuck Royce discusses the first half of 2017 with Co-CIO Francis Gannon, and what he expects to happen next.
Small-Cap's Road Back to Normal
Portfolio Manager Chuck Royce and Co-CIO Francis Gannon look at both 2Q17 and the year’s first half and see a consolidating asset class ready to make its next move up.
Small-Cap: Healthy Rotation or Rally at Risk?
Co-CIO Francis Gannon looks at recent small-cap results and sees a consolidating asset class setting the stage for its next move up.
Why The 'Amazon Effect' Matters
Portfolio Manager Steven McBoyle discusses the significance of the ‘Amazon Effect’ and its effects on e-commerce and small-cap retailers.
Chuck Royce's Unique Approach to Financials
Portfolio Manager Chuck Royce discusses why financials continue to play an important role in his portfolios.
Running in Place
Year-to-date through 6/9/17, the Russell 2000 Index advanced 5.3%. More than half of that result, however, has come during a so-far highly bullish June.
The Global Technology Buildout and its Effect on Small-Cap Stocks
Portfolio Manager Bill Hench talks about the significance of the current global technology buildout and its effects on his portfolios.
A Long Runway for Small-Cap Value?
Co-CIO Francis Gannon explains what investors should know about the current state of small-caps.
So Far, So Good for Small-Cap Earnings
Co-CIO Francis Gannon gives an update on the small-cap earnings season.
Has There Been a Regime Change in Small-Cap?
Four small-cap specialists consider the change in leadership from growth to value within the asset class.
Chuck Royce: What's Next for Small-Caps
Chuck Royce offers key takeaways from 1Q17 and a look at what's next for small-caps.
Are Small-Cap Earnings in Trouble?
Co-CIO Francis Gannon looks at the earnings picture for small-caps versus large-caps and sees a silver lining for earnings-focused active managers.
A Small-Cap Pause That Refreshes?
Co-CIO Francis Gannon analyzes the cross-currents and reversals in 1Q17 and details why the small-cap rally has room to run.
Be Prepared for Increased Volatility
What increased volatility could mean for small-cap investors.
Concerned About Interest Rate Risk? Consider Small-Caps
Senior Investment Strategist Steve Lipper looks at the correlation of small-cap stock performance with rising interest rates.
High Prices, Low Volatility
The current environment, one marked by ample political volatility and but little market volatility, looks unsustainable to us.
How Does a Deep Value Investor Find New Ideas and Manage Risk?
Portfolio Manager Bill Hench explains how he finds opportunities, avoids value traps, and manages risk using his deep value strategy.
A Most Wonderful Year For Small-Caps
2016 was a terrific year for small-cap stocks—and an even better year for small-cap value and cyclical sectors.
Are Small-Caps Getting Back to Normal?
Co-CIO Francis Gannon studies recent changes in the market, which seems to be consolidating, and how this could impact small-cap investors.
Reassessing Investment Opportunities After a Strong Year
Portfolio Manager Charlie Dreifus discusses the strong 2016 for small-caps and what he thinks might come next in 2017.
More Volatility is Coming for Small-Caps (And That's Good)
Co-CIO Francis Gannon examines increased volatility among small-cap and large-cap stocks and explains why we would welcome higher levels.
4 Small-Cap Specialists on 2017
Small-caps had a great run in 2016, but what should investors expect from 2017? Four veteran small-cap portfolio managers share how key developments in 2016 are shaping their 2017 outlook and portfolio positioning.
2016: A Terrific Year for Small-Caps
Chairman Chuck Royce and Co-CIO Francis Gannon look at a terrific year for small-cap stocks, capped by a bullish 4Q16, and explain why they think the good times for value (and small-cap active management) are just beginning.
A Dramatic Rebound for Small-Caps
2016 was a terrific year for small-cap stocks that included some key reversals: The Russell 2000 turned around 2015's negative result, value outperformed growth, and cyclicals beat defensives.
2 Tools Experts Use to Measure Performance
Director of Risk Management Gunjan Banati explains why rolling returns and risk-adjusted returns are more robust ways to look at fund performance.
Small-Caps Enjoy Their Best November Yet
Co-CIO Francis Gannon on the post-election run that gave small-caps their best November in the history of the Russell 2000.
What Should Asset Allocators Know About Value-Led Markets?
Our recent research into the small-cap market shows a connection that many asset allocators may not be aware of.
What Does a Post-Trump Market Mean for Investors?
Portfolio Manager Charlie Dreifus on the market's enthusiastic response to Trump's election and what to watch for going forward.
The Small-Cap Bull Market Has Legs
Chuck Royce discusses the small-cap market today and why he believes the transition from growth to value will continue.
Is the Current Small-Cap Cycle Different Than Large-Cap's?
Co-CIO Francis Gannon explains why the different cycles for small-cap and large-cap stocks should matter to investors.
Is The Fed Out of Options?
Portfolio Manager Charlie Dreifus explains the Fed's conundrum, why there's too much hesitation in the market and economy, and the challenges to subsequent growth.
How Are Leading Companies Adapting to a Low Return World?
Portfolio Manager Steven McBoyle explains why he likes high-moat businesses with sustainable earnings power that have the capacity to reinvest.
When does active beat passive in small-cap?
Can the shift to value account for the improved relative results for many small-cap active managers in the last year?
Small-Cap Strength Broadens in 3Q16
Chairman Chuck Royce and Co-CIO Francis Gannon look at broadening small-cap strength in the volatile third quarter, discuss why value should continue to lead in the current cycle, and explain where they are finding opportunities.
The Stealth Bull Market for Small-Caps Rolls On
Co-CIO Francis Gannon discusses small-cap strength in 3Q16 and why, despite potential near-term volatility, history suggests the small-cap rally has room to run.