Neuberger Berman Hires New Portfolio Team Headed by Bin Yu
Neuberger Berman, a private, independent, employee-owned investment manager, announced an addition to its China equity capabilities with portfolio manager Bin Yu joining the firm.
” Chinese equities become increasingly integrated in global investors’ portfolios “
Mr. Yu brings with him a team of four research analysts, all from CloudRidge Capital, an investment management firm he founded in 2014. The team will continue to manage their current strategy as a private fund with offerings to expand based on Neuberger Berman clients’ needs. The team is located in Hong Kong and Beijing.
“I’m excited to join Neuberger Berman as Chinese equities become increasingly integrated in global investors’ portfolios,” said Mr. Yu. “My team and I have worked to build our institutional investment process and record, and as we approach our three-year anniversary we look forward to joining a firm with the depth and resources of Neuberger Berman.”
Joseph Amato, President and Chief Investment Officer, Equities, at Neuberger Berman said, “We are excited about extending our investment capabilities in China—a large and increasingly important equity market. Bin’s long-term, high conviction, value oriented investment approach is grounded in fundamental research and we expect him to be a great fit in the Neuberger Berman culture.”
News Source: Official Press Release
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. From offices in 29 cities worldwide, Neuberger Berman manages a range of equity, fixed income, private equity and hedge fund strategies on behalf of institutions, advisors and individual investors worldwide. With more than 500 investment professionals and over 1,900 employees in total, Neuberger Berman has built a diverse team of individuals united in their commitment to client outcomes and investment excellence.
- Origin: New York City, America
- Assets Under Management: ~ US$250 billion
- Employees: 1,900
Original Website: http://www.nb.com
News & Media: Press Release
Updated on 8th August 2016