Neuberger’ Berman’s maiden product was the second retail fund launched by a wholly owned foreign investment firm in mainland China, after BlackRock in 2021. Photo: Shutterstock
exclusive | US investment manager Neuberger Berman eyes more mutual funds in China after raising US$595 million for its first product
- Neuberger Berman aims to launch another equity-focused fund this year after the success of its first product in China
- The New York-based company wants to build its China unit into a boutique investment manager, top mainland executive Peter Ru says
Neuberger’ Berman’s maiden product was the second retail fund launched by a wholly owned foreign investment firm in mainland China, after BlackRock in 2021. Photo: Shutterstock
