Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

7912

Neuberger Berman introduces global allocation fund

RELATED TOPICS​

Neuberger Berman Group has launched the Neuberger Berman Global Allocation Fund (tickers: NGLAX, NGLCX, NGLIX). The fund is the firm’s first global portfolio with broad investment latitude and an emphasis on risk management to be offered to mutual fund investors.

Neuberger Berman Global Allocation Fund blends fundamental and quantitative investment analysis to determine asset allocation and security selection. The firm’s global allocation investment process is managed by a team with decades of portfolio management and research experience in global allocation strategies, with current assets under management of USD1.9 billion.

Given its global approach and broad investment latitude, the Fund is managed by a team consisting of Wai Lee, chief investment officer of Neuberger Berman’s Quantitative Investment Group, as well as three other portfolio managers from the Quantitative Investment Group, Bobby Pornrojnangkool, PhD, Alex Da Silva, and Ping Zhou, PhD. The portfolio management team also includes Joseph Amato, the firm’s president and chief investment officer, and Brad Tank, chief investment officer for fixed income, and may also leverage the expertise of more than 130 of Neuberger Berman’s dedicated equity and fixed income research analysts.

“We’re delighted to offer investors the Neuberger Berman Global Allocation Fund in a mutual fund format,’’ says Amato. “The Fund is designed to provide shareholders with the ability to improve their risk-reward profile through this core Fund, which offers a broad-based portfolio of global assets, and seeks to deliver returns that are not as highly correlated with major asset classes, such as equities and bonds.”

Latest News

EFAMA has commented on today’s vote by the European Parliament in favour of a new..
Morgan Stanley Investment Management (MSIM) has announced the launch of the MS INVF Systematic Liquid..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins..

Related Articles

Juan Nozal, Mapfre Asset Management
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024, in what he predicts will be an outstanding year for this asset class...
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024,..
n response to the increased attention to climate change risk, institutional investors, asset managers, and asset owners in the US are committed to implementing a variety of measures to address climate change and reach their net-zero goals, according to Cerulli Associates...
n response to the increased attention to climate change risk, institutional investors, asset managers, and asset owners in the US..
Lord Hollick, House of Lords
A House of Lords committee has raised “significant concerns” over the role of UK regulators, their ability to operate with genuine independence from government and how they are held to account...
A House of Lords committee has raised “significant concerns” over the role of UK regulators, their ability to operate with..
Rob Edwards, Morningstar
The complexities of assessing performance from responsible investment strategies have been laid bare after Morningstar’s ESG indices delivered a mixed bag in 2023...
The complexities of assessing performance from responsible investment strategies have been laid bare after Morningstar’s ESG indices delivered a mixed..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by