Neuberger Berman has launched the Neuberger Berman Global Long Short Fund as part of the firm's continued response to growing client demand for both global and alternative equity solutions.
The Fund's managers employ an active, unconstrained strategy that blends macro and fundamental stock analysis to build a global long short portfolio with daily liquidity, low minimum investment requirements, transparency, and regulatory oversight designed for mutual fund investors.
The Fund's investment team is led by Daniel Geber, who joined Neuberger Berman last year as a managing director and portfolio manager to manage global equity long short strategies. Geber is a 20-year investment management veteran who most recently served as a senior asset manager at hedge fund firm GLG Partners. The team includes analysts Thuy Tran and Alan Freeman, with 15 years and 13 years of industry experience, respectively, both of whom also joined Neuberger Berman last year from GLG Partners.
"Our team has a true global perspective and an emphasis on deep research," says Daniel Geber. "We're delighted to bring our approach to investors in a mutual fund format with this new fund especially at a firm like Neuberger Berman that combines a focus on great investing with deep experience managing mutual funds.''
"We have been a leader when it comes to alternative investment management solutions and we're excited to add Global Long Short," says Joseph Amato, Neuberger Berman president and chief investment officer. "Neuberger Berman is a natural place for advisors and their clients to come for outcome-oriented solutions built to respond to today's global market opportunity."
The Neuberger Berman Global Long Short Fund is part of a growing suite of alternative mutual funds the firm offers US investors. With a 20-year-plus history of managing alternatives portfolios, Neuberger Berman invests approximately USD26 billion in alternatives globally, as of 30 September, 2014, including more than USDE5 billion in liquid alternative mutual funds for US investors.