Neuberger Berman has bought Breton Hill Capital in a move to bolster its quantitative investment capabilities.
Based in Toronto, the firm has $2bn assets under management (AUM) investing for a range of clients including institutions, ultra-high-net-worth individuals and retail investors. The firm's solutions have a focus on alternative risk premia and multi-factors spanning equities, currencies, commodities and rates. Its utilisation of quantitative research and proprietary technology infrastructure was developed by the three co-founders, CEO and CIO Ray Carroll and managing partners Simon Griffiths and Frank Maeba. Carroll said: "Neuberger Berman is a cultural fit for Breton Hill, valuing ...
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