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Skip to content Sign InsearchHeader menu toggle * Individual Investor * [0] My Cart * Contact Us * Sign In/Register * Investments * Investment Options * Mutual Funds * Exchange Traded Funds * 529 Portfolios * Separately Managed Accounts * Closed-End Funds * Interval Funds * Money Market Funds Investment Resources * Sales Charges & Breakpoints * Morningstar 4- and 5-Star Funds * Our Capabilities * Insights * Latest Thinking Market Themes What Our Managers Think Anatomy of a Recession Webinars Podcasts Franklin Templeton Institute Research Findings * Planning & Learning * Planning For * Retirement * Education * Charitable Giving Learn About Investing * Investing Basics * Investment Ideas * Investor Behavior * Market Volatility * Tools & Resources * Tools * Fund Comparison * Investment Planning Calculators * Franklin Templeton US Shareholder Mobile App Literature * Browse Literature * Fund Fact Sheets * Order History Forms & Applications Tax Center * About Us * Why Choose Franklin Templeton? Sustainable Investing and Stewardship Diversity & Inclusion Global Citizenship Specialist Investment Managers News Room Contact Us Careers Franklin Resources Site * Accounts * Account Dashboard * View Accounts Dashboard * Recent Transactions * Statements * Tax Documents Franklin Templeton Account Service Support * Opening An Account * Changing An Account * Resources For When A Shareholder Passes * Account Resources * Authenticating A Device * Account Performance FAQs * Further Help With Account Access search Clear IMPORTANT UPDATES ON EVOLVING MARKET CONDITIONS AND STRESS ON BANKING SYSTEM * Quick Thoughts: Silicon Valley Bank failure ripples through the market * Making Sense of SVB's Collapse - 3/13/23 Webinar Replay * Fund Exposures to Silicon Valley Bank, Signature Bank and Silvergate Capital 1. Home 2. About Us 3. Our Teams 4. Specialist Investment Managers 5. Royce INVESTMENT MANAGER ROYCE INVESTMENT PARTNERS A pioneer in small-cap investing, Royce has unparalleled knowledge and experience in the asset class. Our talented group of managers offers distinct investment approaches that meet a variety of investors’ goals. OUR APPROACH 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 portfolio managers have significant personal investments in the strategies they manage. RELATED INSIGHTS FEBRUARY 14, 2023 SMALL CAP: THE ORIGINAL ALTERNATIVE ASSET CLASS Royce Investment Partners: Co-CIO Francis Gannon on why we remain as excited about the opportunities within the asset class as we have been in more than a decade as the economy—as well as monetary and fiscal policy—are changing dramatically. FEBRUARY 7, 2023 ANNUAL LETTER: WHEN WILL THE BEAR GIVE WAY TO THE BULL? Royce Investment Partners: When it comes to small caps, should the bear be feeling high anxiety? JANUARY 6, 2023 WHY BETTER DAYS FOR SMALL CAP MAY BE AHEAD. Royce Investment Partners: Portfolio Manager Chuck Royce and Co-CIO Francis Gannon look at the volatile 4Q22, the bear market, and why they’re confident that the small cap equity asset class has better days ahead. IMPORTANT INFORMATION Past performance is no guarantee of future results. Performance shown excludes sales charges, if any. Had sale charges been included, performance would be lower. All investments involve risk, including loss of principal. Please see each product's web page for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision. Additional share classes and products may be available. All investments involve risks, including possible loss of principal. Past performance does not guarantee future results. Please see each product’s webpage for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision. Franklin Distributors, LLC. Member FINRA/SIPC. Prior to July 7, 2021, Franklin Templeton Distributors, Inc., and Legg Mason Investor Services, LLC served as mutual fund distributors for Franklin Templeton. This website is intended for residents of the United States. 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However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. Review the Privacy & Cookies Noticefor more information. For Financial Professionals Only: If you are a Financial Professional, we may share information about your portfolio holdings with industry-recognized financial information companies in exchange for insights about your total portfolio holdings. This exchange of information helps us service you effectively by focusing our interactions on products that you and your clients may be most interested in. This sharing may be considered a "sale" under some U.S. state privacy laws, and you may have the right to opt out of this activity, which is in addition to your right to opt out of the sale or sharing of personal information by way of cookies. . 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