On 7/16/24, Dan Culloton penned a piece on Morningstar.com, “Royce to Give Up Remaining Portfolio Management Duties” that discussed Chuck’s transition to Senior Advisor at Royce Investment Partners, saying, “The investing legend will move into emeritus status, completing a nearly decadelong leadership handoff.

Read the Article

In covering the change, Culloton said, “The fund family built around Royce, his small-cap stock expertise, and personality as a dapper, bow-tie-wearing gentleman value investor has added people and structures over the years to preserve its approach and culture.”

The piece also details the work that Chuck, CEO and Co-Chief Investment Officer Chris Clark, and Co-Chief Investment Officer Francis Gannon have done to ensure a smooth transition: “The firm telegraphed each of the phases of Royce’s succession as it rolled them out.”

Important Disclosure Information