Private investment manager Neuberger Berman is launching two sustainable equity UCITS funds to strengthen its ESG offering across asset classes, as the firm moves towards full ESG integration.

More than 80% of Neuberger Berman’s US$405bn of assets under management are ESG integrated, up from 60% in 2017, and its ESG offering spans emerging market debt, global high-yield securities and Japanese equities.

The Neuberger Berman Global Sustainable Equity and European Sustainable Equity funds will be actively managed by Hendrik-Jan Boer, Alex Zuiderwijk and Jeroen Brand, who were hired in November.

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Source: Nasdaq

By Tessa Walsh