Charles M. Royce to Become Senior Advisor at Royce Investment Partners
Charles M. Royce to Become Senior Advisor at Royce Investment Partners
NEW YORK, July 15, 2024 /PRNewswire/ -- Celebrating his 51st year at Royce Investment Partners, Charles M. Royce will become a Senior Advisor at Royce Investment Partners ("Royce") effective September 30th, 2024, after completing his transition from day-to-day portfolio management responsibilities on the remaining funds where he currently serves. Mr. Royce founded the firm in 1972 with the acquisition of the management company that had the advisory contract for Pennsylvania Mutual Fund (now Royce Small-Cap Fund).
查尔斯·M·罗伊斯在投资合伙公司罗伊斯投资合伙公司(“罗伊斯”)度过了他的第51个年头,自2024年9月30日起成为罗伊斯投资合伙公司(“罗伊斯”)的高级顾问,在其完成从他目前服务的剩余基金的日常投资组合管理职责的过渡后生效。罗伊斯先生在1972年与收购管理宾夕法尼亚互惠基金(现Royce Small-Cap Fund)顾问合同的管理公司并创立了该公司。
Chris Clark, Royce's Chief Executive Officer said, "Chuck's transition is the culmination of a strategic succession plan, at both the executive and investment team levels, that has been in place for nearly a decade. It has incorporated the addition of investment talent, the establishment of multigenerational teams on our key Strategies, and substantial collaboration between Chuck and our investment staff to ensure consistency in the application of our time-tested investment disciplines."
Royce首席执行官Chris Clark表示:“Chuck的过渡是近十年来战略性继任计划的高峰,在执行层和投资团队层面都有,这计划包括增加投资人才、建立我们关键策略的多代团队,并与我们的投资团队在应用我们经得起考验的投资策略方面进行大量协作,以确保一致性。”
These plans saw the firm establish new leadership structures, including Management and Risk Committees and the promotion of Co-Chief Investment Officers. The firm has also worked diligently during this period to add investment analysts and portfolio managers.
这些计划看到公司建立了新的领导结构,包括管理和风险委员会以及两名联席投资主管的晋升。在此期间,公司还努力增加投资分析师和投资组合经理。
Mr. Clark noted, "It was critical that we develop our investment teams in a way that maintained and enhanced the substantial domain knowledge and continuity of focus on the small-cap asset class. I'm pleased to say that Royce now has the largest and most experienced investment team in our history, having added 15 investment professionals over the last five years, giving the firm our strongest group ever."
Clark先生指出:“发展投资团队以保持和增强对小盘股资产类别的大量领域知识和连续关注是至关重要的。我很高兴地说,Royce现在拥有有史以来最大和最有经验的投资团队,在过去五年中已增加了15名投资专业人员,使公司拥有史上最强的团队。”
Mr. Royce said, "The timing of this shift reflects the confidence that Chris and I have in our investment teams and the firm as a whole. I'm extraordinarily proud of what we've accomplished together, especially our long-term investment performance records, and in particular the 50-plus year record of our flagship, Royce Small-Cap Fund (formerly Royce Pennsylvania Mutual Fund). Because we have been laying the groundwork for several years to ensure a smooth transition and a promising road ahead, this is the appropriate time for me to step back from my active involvement in portfolio management." In his Senior Advisor role, Mr. Royce will continue to mentor our investment teams, engage with clients, and offer comments on the small-cap market.
罗伊斯先生说:“这种转变的时机反映出克里斯和我对我们的投资团队和整个公司的信心。我为我们共同取得的成就感到非常自豪,特别是我们长期的投资绩效记录,特别是我们旗舰产品罗伊斯小盘股基金(原罗伊斯宾夕法尼亚互惠基金)的50年以上记录。由于我们已经为确保平稳过渡和有前途的道路打下了基础几年,这是我退出投资组合管理的积极参与的合适时机。” 在他的高级顾问角色中,罗伊斯先生将继续指导我们的投资团队,与客户交流,并就小盘股市场发表评论。
Effective after the close of business on July 31st, 2024, Mr. Royce will transition off two funds. On Royce Premier Fund, Lauren Romeo and Steven McBoyle continue as the Fund's co-lead portfolio managers, and Andrew Palen remains as assistant portfolio manager. Miles Lewis remains lead portfolio manager on Royce Small-Cap Total Return Fund, while Joseph Hintz becomes portfolio manager, and Jag Sriram becomes assistant portfolio manager.
2024年7月31日休市后,罗伊斯先生将退出两个基金。在Royce Premier Fund上,Lauren Romeo和Steven McBoyle继续担任该基金的联席投资组合经理,Andrew Palen仍然担任助理投资组合经理。Miles Lewis仍然是Royce Small-Cap Total Return Fund的首席投资组合经理,而Joseph Hintz成为投资组合经理,Jag Sriram成为助理投资组合经理。
Effective after the close of business on September 30th, 2024, Mr. Royce will transition off two funds. On Royce Small-Cap Fund (formerly Royce Pennsylvania Mutual Fund), Portfolio Managers Lauren Romeo, Steven McBoyle, Miles Lewis, Jay Kaplan, and Andrew Palen will be joined by Co-Chief Investment Officer, Francis Gannon. Also effective after the close of business on September 30th, 2024, Mr. Royce will transition off Royce Dividend Value Fund. Miles Lewis will become the Fund's lead portfolio manager, joined by Joseph Hintz as portfolio manager and Jag Sriram as assistant portfolio manager.
2024年9月30日休市后,罗伊斯先生将退出两个基金。在Royce Small-Cap Fund(前罗伊斯宾夕法尼亚互惠基金)上,Lauren Romeo、Steven McBoyle、Miles Lewis、Jay Kaplan和Andrew Palen将与联席投资主管Francis Gannon一起加入该基金的投资组合经理。同样在2024年9月30日以休市后,罗伊斯先生将退出Royce Dividend Value Fund。Miles Lewis将成为该基金的首席投资组合经理,Joseph Hintz成为投资组合经理,Jag Sriram成为助理投资组合经理。
Effective after the close of business on September 30th, 2024, Mr. Royce will also transition off Royce's three closed-end funds: Francis Gannon will join the portfolio management team of Royce Small-Cap Trust (formerly Royce Value Trust) with Portfolio Managers Lauren Romeo, Steven McBoyle, Andrew Palen, and George Necakov; James Stoeffel will become lead portfolio manager of Royce Micro-Cap Trust, with Brendan Hartman remaining portfolio manager, and Andrew Palen joining as assistant portfolio manager; and Steven McBoyle will become portfolio manager of Royce Global Trust.
2024年9月30日休市后,罗伊斯先生还将退出罗伊斯三个封闭式基金:Francis Gannon将加入投资组合管理团队,带领该团队的投资组合经理包括Lauren Romeo、Steven McBoyle、Andrew Palen和George Necakov。James Stoeffel将成为Royce Micro-Cap Trust的首席投资组合经理,Brendan Hartman仍然是投资组合经理,Andrew Palen加入助理投资组合经理。Steven McBoyle将成为Royce Global Trust的投资组合经理。
About Royce Investment Partners and the Funds:
Royce Investment Partners is a small-cap equity specialist offering distinct investment strategies with unique risk/return profiles designed to meet a variety of investors' needs. For over 50 years, our strategies have focused on active, risk-conscious investing driven by deep, fundamental company research. Royce Investment Partners is a subsidiary of Franklin Resources, Inc. (NYSE: BEN). An investor should consider the Fund's investment goals, risks, fees and expenses before investing. A prospectus containing this and other information is available at . Please read the prospectus carefully before investing or sending money. Royce Fund Services, LLC is the distributor of The Royce Fund and Royce Capital Fund.
关于罗伊斯投资合伙公司和基金:
Royce Investment Partners是一家小型股票股权专家,提供具有独特风险/回报特点的不同投资策略,旨在满足各种投资者的需求。50多年来,我们的策略一直专注于由深入的基本公司研究推动的积极、风险意识投资。Royce Investment Partners是Franklin Resources, Inc. (NYSE: BEN)的子公司。投资者应在投资之前考虑基金的投资目标、风险、费用和支出。该基金的招股说明书包含这些信息和其他信息。请仔细阅读招股说明书后再进行投资或汇款。Royce Fund Services, LLC是The Royce Fund和Royce Capital Fund的分销商。
SOURCE Royce Investment Partners
资料来源:Royce Investment Partners