On 7/28/24, Will Schmitt wrote a piece on Financialtimes.com, A pioneer of small-cap stockpicking steps back after five decades, that detailed Chuck’s long and successful career, which spans six decades, as well as the current small-cap market and his changing in role as Senior Advisor at Royce Investment Partners in September.

Read the article.

Schmitt wrote of Chuck, “He put his approach — eschewing the biggest names in the S&P 500 for lesser-known names with above-average profits and enticing valuations — into practice about a decade before the debut of the Russell 2000, the best-known US small-cap index.”

He said, “Royce holds an edge in small-cap value investing not only in theory but also in practice… Even after he has finished managing funds, Royce said he plans to continue studying smaller stocks. “I love doing it,” he said. “And I’m probably going to do it forever.”

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