Neuberger Berman, a private, independent, employee-owned investment manager, has boosted its European fixed income capabilities with the addition of six investment professionals in Paris – five portfolio managers and one quantitative analyst, who all join from BNP Paribas Asset Management.
The team is led by Patrick Barbe (pictured), who has 30 years of investment experience. At BNP Paribas, Barbe was the Chief Investment Officer of Euro Sovereign & Aggregate Fixed Income and responsible for the management of approximately EUR49 billion in AUM. Joining Barbe are portfolio managers Yanick Loirat, Vito Cavaliere, Antonio Serpico, and Sergejs Prala, and quantitative analyst Leang You Tran. Four of the portfolio managers have worked closely together for over seven years.
The new European fixed income team joins a global fixed income platform managing USD133 billion in AUM as of July 2018 with over 160 investment professionals, 42 of whom are located in Europe. In the coming months, Neuberger Berman intends to launch a number of European fixed income funds and strategies.
Brad Tank, Chief Investment Officer of Fixed Income, says: “Patrick Barbe and his colleagues are recognised leaders in European fixed income investing. Their expertise enhances and strengthens our integrated, global fixed income franchise. In addition, they share our dedication to working closely with clients and have a long history of tailoring portfolios to each client’s specific needs.”
Patrick Barbe, Senior Portfolio Manager, notes: “Neuberger Berman is an investment-focused firm with a rapidly growing franchise in Europe. I am pleased to be joining an organisation with a rigorous research and process driven investment approach that values strong collaboration across investment centres around the world.”
Dik van Lomwel, Head of EMEA and Latin America at Neuberger Berman, adds: “We are delighted that Patrick and his team have chosen Neuberger Berman, bringing dedicated regional fixed income expertise to our global platform and further enabling us to best meet our clients’ needs. They will be located in our Paris office, thereby adding a new European investment hub to our regional footprint, which includes investment operations in London, Milan, and the Hague.”
