Royce Investment Partners

U.S. District Court for the Southern District of New York Rules That Certain Closed-End Funds, Including Funds Advised by BlackRock, Violated the Investment Company Act of 1940

Retrieved on: 
Thursday, December 7, 2023
Professional Services, Finance, ISS, Annual general meeting, NYSE, NTG, Nuveen, FSCO, TTP, RGT, TEAF, BlackRock, ECAT, Boaz Weinstein, District court, Franklin Templeton Investments, Eaton Vance, NDP, ADX, Oaktree Capital Management, Court, Royce Investment Partners, Security (finance), Trustee

Saba filed its lawsuit in the Court on June 29, 2023 after the BlackRock trustees disclosed they would strip shareholders’ votes, in violation of the Investment Company Act of 1940 (the “ICA”), at their 2023 Annual Meeting.

Key Points: 
  • Saba filed its lawsuit in the Court on June 29, 2023 after the BlackRock trustees disclosed they would strip shareholders’ votes, in violation of the Investment Company Act of 1940 (the “ICA”), at their 2023 Annual Meeting.
  • Despite the Funds filing various motions to dismiss the lawsuit, the Court ruled in favor of Saba, finding that the actions of the BlackRock Fund and its trustees violated federal law.
  • Just last week, the U.S. Court of Appeals for the Second Circuit upheld that certain Nuveen-advised closed-end funds also violated the ICA after Saba sued Nuveen and the trustees in the Court.
  • Royce Global Value Trust is managed by Royce Investment Partners, an affiliate of Franklin Templeton.

Consuelo Mack WealthTrack: Focuses on investment and retirement strategies for the new era of higher interest rates, inflation and geopolitical unrest.

Retrieved on: 
Thursday, June 29, 2023
WNET, Mack, Royce Investment Partners, Interview, WLIW21, Consuelo Mack, WORLD, Woman, Wall Street, Research, American Public Television, Pink Wall, Science, Natural Resources, Security, Climate change, Investment, First Eagle Investments, Weather, Action Point, Education, USA Today, News, Economics, Television, ClearBridge Investments, Cryptocurrency

NEW YORK, June 29, 2023 /PRNewswire/ -- A new era of higher interest rates, elevated inflation, plus rising geopolitical tensions is upending the winning investment strategies of the last decade. With the advice of top money managers and financial advisors Consuelo Mack WealthTrack will help individuals meet their long-term goals of financial security. Season 19 premieres nationwide on public television beginning Friday, June 30 (check local listings). 

Key Points: 
  • NEW YORK, June 29, 2023 /PRNewswire/ -- A new era of higher interest rates, elevated inflation, plus rising geopolitical tensions is upending the winning investment strategies of the last decade.
  • With the advice of top money managers and financial advisors Consuelo Mack WealthTrack will help individuals meet their long-term goals of financial security.
  • And personal finance guru, Christine Benz will join us to discuss "all weather" investment strategies to help retirees survive turbulent markets.
  • "The financial assumptions of the last decade or more have been dramatically altered by higher inflation, elevated interest rates and the disruptions caused by deglobalization" says Mack.

Rudy Garza Joins DoubleLine as Institutional Relationship Manager in the Western U.S.

Retrieved on: 
Monday, June 26, 2023
Polar Capital Technology Trust, United Kingdom, PIMCO, Royce Investment Partners, CFA, Jeffrey Gundlach, Wilshire Associates, Cryptocurrency

TAMPA, Fla., June 26, 2023 /PRNewswire/ -- Rudy Garza, CFA, who has a strong record of providing business development and institutional investor relations for several asset managers, has joined DoubleLine Capital as a Relationship Manager for institutional investors in the Western United States.

Key Points: 
  • TAMPA, Fla., June 26, 2023 /PRNewswire/ -- Rudy Garza, CFA, who has a strong record of providing business development and institutional investor relations for several asset managers, has joined DoubleLine Capital as a Relationship Manager for institutional investors in the Western United States.
  • Mr. Garza is based at DoubleLine's Los Angeles offices and reports to Ryan Hart, Director, Institutional, Global Relationship Management.
  • "Rudy brings a great depth of experience working with institutional clients across a wide variety of investment strategies," Mr. Hart said.
  • "All of us at DoubleLine are excited to have him onboard to help expand our institutional client base."

Pritzker Private Capital Adds Michael Lamach to the Pritzker Advisory Board

Retrieved on: 
Wednesday, October 26, 2022
Professional Services, Finance, Waste management, Trane Technologies, PRI, Growth, Vice, Socially responsible investing, Forbes, Nucor, Family, PPC, Caterpillar Inc., United Nations Principles of Medical Ethics, Johnson, National Association, Royce Investment Partners, Industry, Harvard Business School, Trane, Board, CEO, Leadership, Advisory board, Pall Corporation, Chief executive officer, Core Security Technologies, Retirement, Former, Management, Ingersoll Rand

Pritzker Private Capital ("PPC"), a leader in family direct investing, today announced the appointment of Michael Lamach to the Pritzker Advisory Board.

Key Points: 
  • Pritzker Private Capital ("PPC"), a leader in family direct investing, today announced the appointment of Michael Lamach to the Pritzker Advisory Board.
  • The Pritzker Advisory Board is a team of world-class strategic and operational executives with diverse skill sets and proven experience leading global organizations.
  • Mike is a terrific addition to the Pritzker Advisory Board and we are thrilled to welcome him to the PPC family, said Tony Pritzker, Chairman and Chief Executive Officer of PPC and Chair of the Pritzker Advisory Board.
  • Im thrilled to join the PPC family alongside my colleagues on the Pritzker Advisory Board, said Mr. Lamach.

Predictive Oncology Announces New Chief Executive Officer Raymond F. Vennare to Lead Company Growth

Retrieved on: 
Thursday, October 20, 2022
Anesthesiology, Partner, Growth, University, Radiation, LLC, NASDAQ, Carnegie Mellon University, Intelligence, Biotechnology, Drug development, 3D, Patient, Orbital Technologies Commercial Space Station, Pittsburgh, Artificial intelligence, Senior, Technology, Royce Investment Partners, Duquesne University, Probability, AI, Board, CEO, GLOBE, FDA, Entrepreneurship, Solution, Management, Pharmaceutical industry, Académie Parisienne des Inventeurs

We are fortunate to have Raymond leading Predictive Oncology at this pivotal time in our companys evolution.

Key Points: 
  • We are fortunate to have Raymond leading Predictive Oncology at this pivotal time in our companys evolution.
  • He is an experienced biotechnology executive who brings an informed vision and fresh perspective to our company as we strive to become a significant player in the pharmaceutical and biotech industries.
  • He has the right balance of entrepreneurship, innovation, technology commercialization and strategic thinking that makes him the right fit to grow our business, shared Bob Myers, Chief Financial Officer of Predictive Oncology.
  • Predictive Oncology (NASDAQ: POAI) is a knowledge-driven company focused on applying artificial intelligence (AI) to develop optimal cancer therapies, which can lead to more effective treatments and improved patient outcomes.

First Eagle Expands Offering of US Small Cap Strategy to Non-US Investors

Retrieved on: 
Wednesday, September 21, 2022
Professional Services, Finance, KIID, Eagle, Risk, First Eagle Investment Management, Sale, International Value Wine Awards, Acquisition, Trader, Undertakings for Collective Investment in Transferable Securities Directive 2009, Growth, Royce Investment Partners, EU, Person, Investment, United Kingdom, Solution, AUM, Market capitalization, European Communities, Marketing, UCITS, ICAV, Communication, First, Risk management, Security (finance), Bank, Financial adviser

First Eagle Investments (First Eagle) today announced it has expanded its portfolio offerings to non-US investors through the launch of its US Small Cap strategy within First Eagles Irish UCITS platform.

Key Points: 
  • First Eagle Investments (First Eagle) today announced it has expanded its portfolio offerings to non-US investors through the launch of its US Small Cap strategy within First Eagles Irish UCITS platform.
  • The sub-fund, which was seeded by First Eagle in February 2022, pursues an opportunistic small cap value strategy.
  • Subsequently, the Small Cap team added Trader/Analyst Mark Salamone and Analyst Connor Sheehy in October 2021 and July 2022, respectively.
  • Small cap stocks represent a particularly volatile and inefficiently priced segment of the US equity market, said Hench.

First Eagle Investments Launches US Smid Cap Opportunity Fund

Retrieved on: 
Wednesday, August 17, 2022
Finance, Consulting, Banking, Professional Services, Other Professional Services, First Eagle Investment Management, Salamone, Exercise, Risk, Fund, Growth, Investment, Prospectus, Royce Investment Partners, LLC, AUM, Government, SIPC, First, Acquisition, Judgement, Šmíd, FDIC, Head, Eagle, Security (finance), Financial adviser, Financial services, Cryptocurrency, Bank, Sheehy

First Eagle Investments (First Eagle) today announced the launch of the First Eagle US Smid Cap Opportunity Fund (A-Share Class: FEMAX; I-Share Class: FESMX; R6-Share Class: FEXRX).

Key Points: 
  • First Eagle Investments (First Eagle) today announced the launch of the First Eagle US Smid Cap Opportunity Fund (A-Share Class: FEMAX; I-Share Class: FESMX; R6-Share Class: FEXRX).
  • Were excited to leverage our Small Cap teams time-tested approach to value-oriented investment across a broader opportunity set for investors in pursuit of small and midcap equity exposure through our new US Smid Cap Opportunity Fund.
  • Given the enhanced liquidity of the smid cap space, the US Smid Cap Opportunity Fund typically will hold approximately 70100 stocks.
  • The First Eagle U.S. Smid Cap Opportunity Fund is new and may not be successful under all future market conditions.

Franklin Templeton to Rename U.S. ETF Platform for Better Brand Alignment

Retrieved on: 
Monday, July 11, 2022
Banking, Professional Services, Finance, Royce Investment Partners, Marketing, Solution, BEN, Fund, Investment, Risk, Participation, Franklin Templeton Investments, NYSE, FDIC, MP, LLC, NAV, Fund of funds, ETF, Western Asset Management Company, NO, Authorization, SIPC, BANK, Specialization, FINRA, Growth, Financial adviser, Life insurance

While we are proud of the growth and evolution of LibertyShares, we are energized by the opportunity to better leverage our firm's more established Franklin Templeton brand.

Key Points: 
  • While we are proud of the growth and evolution of LibertyShares, we are energized by the opportunity to better leverage our firm's more established Franklin Templeton brand.
  • Franklin Templetons U.S. ETF platform includes funds managed by ClearBridge Investments, LLC, Franklin Equity Group, Franklin Templeton Fixed Income, Franklin Templeton Investment Solutions, Royce Investment Partners and Western Asset Management Company, LLC.
  • Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries.
  • Prior to July 7, 2021, Franklin Templeton Distributors, Inc., and Legg Mason Investor Services, LLC served as mutual fund distributors for Franklin Templeton.

Consuelo Mack WealthTrack Prepares Individuals for an Era of Heightened Market Volatility, Inflation, and Higher Interest Rates in New Season

Retrieved on: 
Friday, July 1, 2022
Social justice, Security, Science, Consuelo Mack, Caregiver, PBS, WNET, Amanpour, Action Point, Mack, Weather, Television, Poverty, NPR, Company, Multimedia, Medium (website), WORLD, Economics, USA Today, NJ, American Public Television, NJ PBS, WLIW21, WLIW-FM, Investment, Education, ALL, Environment, Learning, Amanpour & Company, News, Culture, Interview, First Eagle Investment Management, Royce Investment Partners, DIY, Woman, Financial adviser, Public relations, American Masters, Passport, Create

NEW YORK, July 1, 2022 /PRNewswire/ -- The world is changing. Decades of declining interest rates, moderating inflation and historically stable geopolitical and financial relationships are being reversed. Interest rates are rising, prices are increasing, global trade is fracturing amid geopolitical unrest. The financial impact of this heightened market volatility on individuals and businesses is profound. Consuelo Mack WealthTrack tackles these challenges with help from a roster of best-in-class guests in Season 19, premiering nationwide on public television beginning Friday, July 1 (check local listings).

Key Points: 
  • Decades of declining interest rates, moderating inflation and historically stable geopolitical and financial relationships are being reversed.
  • Consuelo Mack WealthTrack tackles these challenges with help from a roster of best-in-class guests in Season 19, premiering nationwide on public television beginning Friday, July 1 (check local listings).
  • "Most individuals have never experienced the challenges of rising inflation and interest rates," says Mack.
  • Launched in 2005, Consuelo Mack WealthTrack remains one of the only programs on television devoted to long-term diversified investing.

Portfolio Management Roles Changing in Royce Premier Fund

Retrieved on: 
Monday, February 7, 2022
Industry, SIPC, Growth, FINRA, Research, CFA, Leadership, Strategy, Fund, Royce Investment Partners, NYSE, LP, Prospectus, Goal, Hotel manager, Citadel LLC, BEN, LLC, Management, Bank

NEW YORK, Feb. 7, 2022 /PRNewswire/ --Effective 4/1/22, Steven McBoyle and Lauren Romeo, CFA will become Co-Lead Portfolio Managers on Royce Premier Fund, where they have been portfolio managers since 2016.

Key Points: 
  • NEW YORK, Feb. 7, 2022 /PRNewswire/ --Effective 4/1/22, Steven McBoyle and Lauren Romeo, CFA will become Co-Lead Portfolio Managers on Royce Premier Fund, where they have been portfolio managers since 2016.
  • Chuck Royce , who has been managing the Strategy since its inception in 1991, continues on the portfolio management team and will rotate from Lead Portfolio Manager to Portfolio Manager.
  • The portfolio managers will maintain the same approach the Strategy has used since the inception of Royce Premier Fund in 1991.
  • Distributor: Royce Fund Services, LLC
    An investor in Royce Premier Fund should consider the Fund's investment goals, risks, fees and expenses before investing.