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Rating:Lehman Fell and Neuberger Rose Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 08, 2012

Lehman Fell and Neuberger Rose

News summary by MFWire's editors

Neuberger funds are performing steadily in the years since Neuberger itself rose out of the bankruptcy of Lehman Brothers.

According to Barron's, the fund shop is sturdy enough four years after the financial crisis. It has also outpaced most of its peers when it comes to performance. More than 90 percent of its equity and fixed income funds have beaten their benchmarks over the decade ended June 30.

The New York City-based mutual fund shop now manages $200 billion of client assets, 45 percent of which is in equities, another 45 percent in fixed income and the remaining 10 percent in alternative categories. Fifty-five percent of the funds are sold through institutional channels, 25 percent through third-party investments and 20 percent through direct private accounts.

Barron's offers a long profile of 2012 Neuberger. Reuters also wrote about Neuberger's performance since the fall of Lehman. 

Edited by: HFD

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