Investment Platform
MULTI-ASSET STRATEGIES
Neuberger Berman by design attracts individuals who share a passion for investing and who thrive in an environment of rigorous analysis, challenging dialogue, and professional and personal respect. In a testament to the strength of the culture we have built—honed by more than 80 years of markets and countless “once-in-a-lifetime” events—these professionals have tended to stay with the firm, stability that over time drives results and consistency of process.
Our portfolio managers have worked in asset management for more than 18 years on average, most of it at Neuberger Berman. And while our clients benefit from the wisdom of our seasoned professionals, we are always looking to supplement their ranks with emerging talent. By enabling the transfer of knowledge, providing growth opportunities for skilled investors and building thoughtful succession plans, we seek to ensure a consistent client experience over the long term.
| Managing Directors (includes retirements) | Managing Directors (competitor departures only) | |
| 2023 | 97% | 99% |
| 2022 | 96% | 99% |
| 2021 | 96% | 99% |
| 2020 | 96% | 100% |
| 2019 | 96% | 100% |
| 2018 | 97% | 99% |
Risk management has been central to Neuberger Berman’s investment culture since our founding in 1939. As an employee-owned manager, everyone at Neuberger Berman is invested in identifying and managing risk—risk to our clients, risk to our portfolios, risk to our reputation.
We believe that fostering an environment of strong internal control is vital. To this end, we have established a rigorous risk management framework that features dedicated investment and operational risk teams who work to protect client assets and our reputation. Our risk professionals act as an independent complement to each investment team’s portfolio construction process, driving investment and operational risk reviews in collaboration with other control units of the firm, such as information technology, operations, legal and compliance, asset management guideline oversight and internal audit. With our Chief Risk Officer reporting directly to Neuberger Berman’s Chief Executive Officer, our risk management structure is enhanced by an ability to escalate issues as necessary to firm leadership, as well as our fund boards and firm board of directors.
Neuberger Berman believes that financially material environmental, social and governance factors may be an important driver of long-term investment returns from both an opportunity and a risk-mitigation perspective. We also understand that for some clients the outcomes their portfolios enable are an important consideration in conjunction with investment performance. As an active manager, stewardship of our clients’ assets is a critical part of our investment processes.
Neuberger Berman believes that engaging with issuers on financially material topics can improve their performance and reduce their risk profile. We believe that engagement is important not only for public equities, but for other asset classes such as fixed income and private equity, and that it is the responsibility of each investment team as part of their ongoing dialogue with management. Our Stewardship and Sustainable Investing Group supports these efforts with top-down expertise.
From our first application of “avoidance screens” in the early 1940s to the launch of our U.S. Sustainable Equity team in 1989, Neuberger Berman remains at the forefront of stewardship and sustainable investing, partnering with clients to provide innovative solutions that seek to achieve the outcomes they value. Today, we continue to innovate, driven by our belief that the determination of the financial materiality of environmental, social and governance factors, like any other factor, should be incorporated in a manner consistent with the specific asset class and style of each investment strategy.