Thursday, 29 January 2015
Last updated 1 hour ago
Jun 12 2013 | 9:51am ET
Asset management giant Neuberger Berman Group has launched a new absolute return oriented long-only fund.
The Neuberger Berman Flexible Select Fund will invest in the best ideas from the firm's absolute-return-oriented stock teams, it said. Between 17 and 20 teams will be involved, overseen by an investment committee led by Joseph Amato, the firm's chief investment officer.
Flexible Select will focus on high tracking-error ideas. Primarily an equities fund, it will also invest in cash and bonds based on the asset allocations of its various teams.
The new fund is available to U.S. investors.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…