Neuberger Berman has today (9 December) announced the launch of the Neuberger Berman Macro Opportunities FX fund, which seeks to deliver positive returns through relative value across G10 currencies.
The fund will aim to deliver positive returns of 5-6% in excess of cash per annum before fees, by "exploring relative value" across G10 currencies. It will be led by Ugo Lancioni, Neuberger Berman's head of currency management, who will be supported by a dedicated team of five investment professionals. 'Big Short' investor Eisman's fund to spearhead Neuberger Berman's UK push The strategy is based on an "established process", which has a track record of producing returns with a low correlation to equities, bonds and alternatives, offering resilience in adverse market conditions. ...
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