Francis Gannon In Financial Times—Royce
article 12-22-2020

Francis Gannon In Financial Times

Co-CIO Francis Gannon was quoted in Financial Times discussing the market’s shift to small cap stocks.


Co-CIO Francis Gannon was recently quoted in a Financial Times article, “Small-cap Stocks Shine as Tesla Makes Splash” by Michael MacKenzie, discussing how small caps and cyclicals tend to perform well in economic recoveries.

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Francis noted that small caps and cyclicals have historically fared well in economic recoveries, adding that he also believes a pullback in small caps in the near future will give investors good buying opportunities.

“The shift in equity market leadership in favor of small-caps has legs both in the U.S. and globally,” Francis was quoted saying in the article. “The record of previous economic recoveries shows that small caps and cyclicals perform very well, and we see no reason why this would change in the current economic environment.”

Read the article here. (subscription required)

Learn more about Francis Gannon here.

Important Disclosure Information

Mr. Gannon’s thoughts and opinions concerning the stock market are solely their own and, of course, there can be no assurance with regard to future market movements. No assurance can be given that the past performance trends as outlined above will continue in the future.

The performance data and trends outlined in this presentation are presented for illustrative purposes only. Past performance is no guarantee of future results. Historical market trends are not necessarily indicative of future market movements.

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