Neuberger Berman adds to ESG offering with sustainable equity funds for ex-NN IP portfolio managers

Will have high active share

Neuberger Berman has launched two sustainable equity UCITS funds which will be managed by the team of three portfolio managers it hired from NN Investment Partners in November last year.

Alex Zuiderwijk, Hendrik-Jan Boer and Jeroen Brand will manage the Neuberger Berman Global Sustainable Equity and European Sustainable Equity funds, supported by a team of four analysts and working closely with the firm's ESG investing team. Neuberger Berman said that the new funds will each hold between 30 to 60 stocks and will invest in quality companies "where sustainability reinforces returns". Seven NN IP staff bolster Neuberger Berman's global equity team The team intends to seek an active share greater than 75%, with the managers focusing their engagement with management bas...