Neuberger Berman is launching a UK-domiciled fund range, with the group’s first strategy a global long/short equity portfolio to be run by Steve Eisman.
The new fund is based on an existing equity long/short strategy managed by Eisman, launched in 2016.
Since inception to end-December 2018, the strategy delivered a net return of 11.42%, in US dollar terms.
Dik van Lomwel, head of Emea and Latin America at Neuberger Berman, said: “Neuberger Berman has built up solid foundations in the UK institutional and wholesale markets over many years, becoming synonymous for innovation and expertise across multiple asset classes.
“The launch of our UK onshore range, which comes after years of careful consideration, is a significant milestone for our group and allows us to develop differentiated strategies to meet the bespoke needs of the broad UK advisory space.”
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