Neuberger Berman's Dik van Lomwel: 'Luxury problems' in the time of Covid

'Asset growth is not everything'

Mike Sheen
clock • 6 min read

Head of Europe and LatAm at Neuberger Berman Dik van Lomwel talks to Mike Sheen about weathering the Covid-19 storm, innovation and why asset growth is not everything.

Neuberger Berman (NB) was reborn as an independent asset manager amid the fallout of the 2008 Global Financial Crisis as its parent company Lehman Brothers, a towering Wall Street institution for 161 years, filed for bankruptcy. The firm's management emerged victorious in a 2008 bankruptcy auction, outbidding private equity firms Bain Capital Partners and Hellman & Friedman for control of NB's future, and ultimately spinning out in May 2009. "We always say, in a slightly tongue-in-cheek way, that in 2009 we were properly crisis tested," says managing director, and head of EMEA and Lat...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Almost half of UK retail investors expect 'emergency financial' government measures to rock capital markets

Almost half of UK retail investors expect 'emergency financial' government measures to rock capital markets

Trade wars also highly impactful

Linus Uhlig
clock 26 February 2025 • 1 min read
Market Movers blog: European defence stocks rally amid London summit and expected rise in military spending

Market Movers blog: European defence stocks rally amid London summit and expected rise in military spending

Latest news and analysis

Investment Week
clock 25 February 2025 • 1 min read
Friday Briefing: There's no such thing as a safe haven in markets

Friday Briefing: There's no such thing as a safe haven in markets

'Gold has historically touted this title'

Eve Maddock-Jones
clock 24 February 2025 • 6 min read
Trustpilot