
8 JANUARY 2026
US small-caps stay positive, micro-caps take the lead
Royce Investment Partners: Francis Gannon discusses positive factors for US small-caps in this 2025 fourth quarter recap.
Royce Investment Partners specializes in small-cap investing, managing both U.S. and international portfolios for individual investors, financial advisors and institutions. The firm is generally regarded as a pioneer in small-cap investing and has focused on this distinctive asset class for more than 45+ years, leading to unparalleled domain knowledge of the smaller-company investment universe.

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