Small-cap investment management has been our specialty for 45+ years.
Our Approach
Unparalleled Knowledge & Experience in Small-Cap Companies
Independent Thinking that Sets Us Apart
Our team has the confidence to go against consensus, the insight to uncover opportunities others might miss, and the tenacity to stay the course through market cycles.
A Commitment to Investing with You
Our team of portfolio managers have significant personal investments in the strategies they manage.
Hear from Brendan Hartmann, Lead Portfolio Manager at Royce Investment Partners, as he shares his perspective on the US small-cap market, the opportunities emerging across different sectors and the team’s disciplined, opportunistic value approach to identifying underappreciated companies.
Brendan Hartmann on Royce’s US small-cap approach
Brendan Hartmann explains how Royce approaches US small-cap investing, drawing on decades of experience managing the strategy. He discusses the team’s focus on out-of-favour companies, turnarounds and business transformations, as well as the opportunities created by long-term investment themes including reshoring, data centres, energy infrastructure and increased domestic capital spending.



