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

Autumn Budget 24: UK stocks rally while gilt yields soar as 'questions remain' around fiscal headroom

Autumn Budget 24: UK stocks rally while gilt yields soar as 'questions remain' around fiscal headroom

Gilts reach year-to-date high

Linus Uhlig
clock 30 October 2024 • 2 min read
Autumn Budget 24: Income tax threshold freeze to be lifted in 2028/29

Autumn Budget 24: Income tax threshold freeze to be lifted in 2028/29

No extension of freeze in thresholds beyond 2028

clock 30 October 2024 • 3 min read
Market Movers Blog: Oil prices tumble as fears over Middle East escalation ease

Market Movers Blog: Oil prices tumble as fears over Middle East escalation ease

Latest news and analysis

Investment Week
clock 29 October 2024 • 1 min read
Trustpilot