July 14, 2016
A leading global investment company with specialized expertise in equities, fixed income, and alternatives.
Small-Cap Value Remains Strong
“Earnings, high ROIC (returns on invested capital), and valuation have mattered a lot more over the last year than they did in the previous five or six.” -Chuck Royce
Chuck Royce and Francis Gannon discuss why the combination of earnings and valuation could bolster small-cap value’s leadership in the current cycle. http://hvst.co/29KqWRT
More from Legg Mason Global Asset Management
The most important insight of the day
Get the Harvest Daily Digest newsletter.