New York (HedgeCo.Net) – One of the world’s leading employee-controlled money managers, Neuberger Berman Group LLC, has launched the Neuberger Berman Emerging Markets Income Fund for its US investors.
“We believe the structural case for emerging markets debt (EMD) remains strong, as investors increasingly recognize the economic significance, improved credit quality, and depth of emerging markets economies and capital markets,” Rob Drijkoningen, co-head of Neuberger Berman’s EMD team. ”EMD should continue to benefit from the long-term trend of inflows, as investors in the U.S. and internationally look to include emerging markets to their fixed income exposure,” Gorky Urquieta, the other head of the team, said.
The 22-person investment team includes 12 portfolio managers, six credit analysts and four economists and strategists operating from offices in the U.S., Europe and Asia.
Founded in 1939, the company provides solutions across equities, fixed income, hedge funds and private equity, and had $214 billion in assets under management as of June 30, 2013.
Editing by Alex Akesson
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