Fund Management
Neuberger Berman Launches Long/Short UCITS Fund
Neuberger Berman has launched a new long short multi-manager UCITS fund managed by its hedge fund solutions group.
Neuberger Berman has launched a new long short multi-manager UCITS fund managed by its hedge fund solutions group.
The Neuberger Berman Long Short Multi-Manager Fund is a sub-fund
of its Irish-domiciled UCITS fund umbrella allocating its assets
to a select group of external hedge fund advisors that invest
primarily in global equities.
“We launched this fund in response to client demand for focused
single strategy portfolios alongside our existing multi strategy
UCITS fund. This new fund will invest in equity focused long
short strategies diversified across managers, geographies and
sectors, allowing investors to gain exposure to active long and
short stock selection whilst reducing exposure to general market
risk,” said Dik van Lomwel, head of EMEA and Latin America at
Neuberger Berman.