Clues and commentaries on the global prospects for stocks, bonds and alternatives.
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Will Rising Rates Benefit Active Stock Pickers?
Royce & Associates | April 7,2015

Chuck Royce shares his thoughts on the small-cap equity market

  • Royce believes that conditions exist for the bull market to continue, but expects lower overall returns and a shift in sector leadership.
  • He anticipates some initial rockiness in the equity markets when the Fed raises interest rates, but doesn't expect the effect to be highly dramatic.
  • As such, his confidence remains in the long-term value of a disciplined approach to small-cap investing.