Unparalleled Knowledge & Experience [in Small-Cap Companies]

Small-cap investment management has been our specialty for 45+ years.

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 18 portfolio managers have significant personal investments in the strategies they manage.
Royce & Associates (Royce) is affiliated with Legg Mason Investments (Ireland) Limited through common control and ownership by Franklin Resources, Inc. Legg Mason Investments (Ireland) Limited provides its clients with access to Royce primarily through its UK and Ireland domiciled funds, in which Royce serves as investment manager. Royce & Associates, LP primarily conducts its business under the name Royce Investment Partners.