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Neuberger Berman launches global unconstrained fund

Neuberger Berman Europe is launching an unconstrained global equities fund.


The Dublin-domiciled fund, Neuberger Berman Global Thematic Opportunities Fund, will follow the firm’s existing Global Opportunities strategy which has, according to Neuberger, produced an annualised return of 8.52%, net of fees, since inception in December 2003.

The new fund is Ucits III compliant and will seek attractively-priced companies well positioned to benefit from global themes identifed by Neuberger and will be unconstrained by market capitalisation. It will be managed by Neuberger’s MLG Group which currently manages over $3bn in assets.

Co-portfolio manager, Tony Gleason, who will work alongside a team of managers at MLG, said he believes the fund is well positioned to take advantage of a number of key themes it had identified.

Dik van Lomwel, head of Neuberger Berman Europe, said: “The strategy’s positive track record, coupled with growing investor demand for unconstrained global equities exposure, has prompted us to add the strategy to our UCITS range.  We expect the fund to appeal to investors looking for an investment team with deep experience.”

Fund facts

  • Minimum investment:Institutional $2.5m retail: $10,000
  • Initial Share classes: USD, EUR
  • Benchmark: MSCI ACWI Index
  • Fees: Initial charge: No initial charge. Annual management fee: 1% (institutional) and 2% (intermediary)

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