Fund Management

Neuberger Berman Unveils New Absolute Global Bond Fund

Stephen Little, Reporter, London, 27 September 2013


Neuberger Berman, the private investment manager, has launched an absolute global bond fund
which aims to generate an annual return 4 per cent above cash.

Berman said the Global Bond Absolute Return fund is Irish-domiciled and
co-managed by London
based portfolio manager Jon Jonsson and Chicago-based portfolio manager Andy

The fund
has an absolute return objective and utilises a proprietary framework that combines
multiple alpha sources generated across the wider Neuberger Berman fixed income

It was launched
with assets of $42 million targets a low beta to fixed income markets over a
full market cycle.

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