Neuberger Berman Group has rolled out a new mutual fund for investors. The New York-based firm’s Neuberger Berman Global Allocation Fund is its first global portfolio with broad investment latitude and an emphasis on risk management.
The vehicle seeks to offer exposure to global equity, fixed income and currency markets through a variety of investment instruments. The fund will be managed by Wai Lee, CIO of Neuberger’s Quantitative Investment Group, along with three other portfolio managers from the group.
Click here for the release from Business Wire.