Neuberger Berman launches global fixed income fund
Neuberger Berman has launched a global bond fund in its Ucits umbrella, with $68m of seed money from a global institution.
Dik van Lomwel, head of Neuberger Berman EMEA and LatAm, said the management team had “proven expertise and track record”.
The firm said the product had showed the attributes investors might expect of a “core” fixed income portfolio.
In addition, the senior portfolio managers of Andrew Johnson, Ugo Lancioni, Dave Brown and Thanos Bardas, have 75 years’ combined industry experience, 52 of which have been at Neuberger Berman.
They will be supported by a large investment team including over 100 fixed income professionals.