Neuberger Berman to expand multi-asset range with double launch

Subject to regulatory approval

Neuberger Berman has announced plans to expand its multi-asset range with the launch of two UCITS funds, subject to regulatory approval.

The group plans to extend its suite of multi-asset solutions with the launch of the Multi-Asset Risk Premia and the Multi-Asset Class Income funds. The Multi-Asset Risk Premia fund will seek to exploit four styles - value, momentum, carry and liquidity, which will be combined into a portfolio using a risk parity-based approach.  It will be co-managed by Ajay Jain, head of multi-asset class portfolio management, and well diversified by style, asset class and premia. Meanwhile, the Multi-Asset Class Income fund will seek to generate attractive levels of income by utilising a best ide...