Neuberger Berman has launched the Neuberger Berman Event Driven Fund, a UCITS vehicle which will be run by an experienced senior portfolio investment team with 23 years of average experience.
Neuberger Berman has launched the Neuberger Berman Event Driven Fund, a UCITS vehicle which will be run by an experienced senior portfolio investment team with 23 years of average experience.
Led by senior portfolio manager Joe Rotter, the team of seven seasoned investors is supported by Neuberger Berman’s deep equity research department. The fund is designed to perform well in all cycles, but particularly in times of market volatility.
Utilising a multi-strategy approach with robust risk management to minimise market beta and factor exposure, the fund will aim to generate absolute returns by taking advantage of the mispricing that occurs as a result of corporate change, such as IPOs and mergers and acquisitions. In environments with high corporate activity, the managers will dynamically allocate capital to the sub-strategies displaying the highest risk-adjusted returns.
