Neuberger Berman is expanding its thematic offering with an equity strategy focusing on disruptive innovations and applications in Asia.
Neuberger Berman InnovAsia 5G will invest in innovative technologies and business models in the early adoption phase to capture the expanding thematic universe around 5G technology and will also have the remit to invest in IPOs. It will be co-managed by former chip designer YT Boon, based in Hong Kong, and Hari Ramanan in New York and will focus on companies with a market penetration of less than 20%, where the majority of incremental growth is driven by Asia. The team will look for businesses with proven track records and strategic links to established Asian innovation ecosystems - ...
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