Neuberger Berman enhances its offering with ESG funds

Neuberger Berman, an independent asset manager, is strengthening its ESG offering with the launch of two sustainable investment funds: Neuberger Berman Global Sustainable Equity and European Sustainable Equity funds, which will implement an investment philosophy and process tested and refined over 16 years by the team coming from NN IP, which joined the NB manager in November 2020 and consists of three Citywire AA-rated managers Hendrik-Jan Boer, Alex Zuiderwijk and Jeroen Brand and who were among the first to adopt ESG investing (i.e. according to environmental, social and corporate governance criteria) and had already managed more than $10 billion in global and European investment strategies. After applying French and European ESG regulations, both funds will be classified under the French “meaningful engagement methodology” and EU Article 9 as of March 10th, 2021. 

The funds are high conviction and, under normal circumstances, will hold between 30 and 60 companies and seek to invest in quality companies where sustainability incentivizes returns. The team assesses key ESG factors in a rigorous and forward-looking manner and performs bottom-up analysis focusing on the economics of the value chain. As truly active owners, the team will encourage “hands-on involvement” of more than 75% and will focus its engagement with management based on strategy, competitive environment, outlook, innovation, compensation, governance, and sustainability.

The managers will have a team of four professional analysts focused on evaluating companies by combining the bottom-up approach with value chain criteria. The fund team will also work closely with the company’s ESG investment team and will benefit from the vast experience accumulated by Neuberger Berman’s $101 billion equity manager.

Read more on the subject and find other important business news with the Born2Invest mobile app.

The future of the stock market is called 5G

The analysis and editorial department of Investment Strategies has produced a report on 5G, a technology that will be a full-fledged revolution and one of the major changes that will affect us in the coming years.

Hendrik-Jan Boer, lead manager states that “rapid social and technological change is driving corporate evolution and disrupting the value chain. There are more and more ‘conscious consumers’, who are holding corporations and governments accountable in terms of consumer behavior, internal choices and activism. Coupled with the activity of legislators enacting new international directives to address environmental, social and governance issues, this is triggering a new wave of high quality opportunities for sustainable investors.”

Dik van Lomwel, Head of EMEA & Latin America, adds, “It is clear that there is strong demand for sustainable investment solutions, and the team’s intense hands-on approach is attractive to investors looking to allocate high-conviction strategies. The new funds complement our growing ESG offering across asset classes, such as emerging market debt, global high yield debt and Japanese equities.”

According to data provided by the fund manager itself, the number of total assets under management incorporating ESG criteria was 60% in 2019 and now stands at 80%.

__

(Featured image by geralt via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in Ei ESTRATEGIAS de INVERSION, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.