The latest in funds and investments across Europe, the Middle East and Africa.
Private investment manager Neuberger Berman has launched a UCITS strategy for the key enablers and beneficiaries of the long-term evolution of the next generation mobility.
The Neuberger Berman Next Generation Mobility Fund aims to invest in opportunities created by the ongoing disruption of the $4.2 trillion global transport industry.
Originating from Neuberger Berman’s established global research platform, the fund’s three managers, Saurin Shah, Yan Taw Boon and Michael Barr will be managing a portfolio of 40 to 60 handpicked stocks, seeking to gain exposure to companies providing solutions to the proliferation of autonomous, electric and connected vehicles.
The fund is a sub-fund of the Irish-domiciled UCITS fund umbrella, Neuberger Berman Investment Funds plc. It has been registered for sale in the UK and across Europe, and is in the process of being registered for sale in Switzerland and Asia.