US-based investment manager Neuberger Berman has hired Paul Grainger as Managing Director and Senior Portfolio Manager for Fixed Income.
Grainger joins the $509bn employee-owned firm from Schroders, where he most recently served as Head of Global Fixed Income and Currency.
Ashok Bhatia, Co-Chief Investment Officer, Fixed Income, at Neuberger Berman, said: “As we see the global impact of changing interest rates, geopolitical tensions, and economic uncertainties, Paul enhances our understanding and portfolio construction.
“We remain committed to strengthening our fixed income capabilities, our investment team, and offerings, to deliver greater value and sophisticated solutions to our clients over the long term.”
Grainger previously worked at Wellington Management as their first investment professional based in London. He has also held positions at F&C Asset Management and Gartmore, managing various global, European, and UK fixed income portfolios. Paul holds a degree in Economics with European Studies from the University of Exeter and is a CFA Charterholder.
