We Are Investors
Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 19 countries, Neuberger Berman’s team is more than 2,100 professionals and the company was named by Pensions & Investments as a Best Place to Work in Money Management for three consecutive years. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking.
"We are investors" helps explain the essence of our firm. This simple, singularly focused identity defines what attracts clients and inspires colleagues who come to work every day and share in our mission–to partner with our clients to achieve their unique objectives. There is no house view, no top-down mandate directing our portfolio managers. Our attention is entirely directed at managing client assets. Our fiduciary responsibilities are instilled in our employees and are reflected in our approach to client assets.
Download Our 2014 Annual Report
From left: Brad Tank | Chief Investment Officer—Fixed Income
Joseph V. Amato | President and Chief Investment Officer—Equity
Anthony D. Tutrone | Global Head of Alternatives
Erik L. Knutzen, CFA, CAIA | Chief Investment Officer—Multi-Asset Class
“To partner with our clients to achieve their unique investment objectives”
We have earned our clients’ trust over seven decades because:
- Clients come first.
- Our singular investment focus is to deliver superior long-term performance.
- Our partnership culture is the source of our most distinctive strength: our people, who thrive in an environment of professional and personal respect, rigorous analysis and challenging dialogue.
- We are passionate, independent investors, unified by our commitment to fundamental research and the constant pursuit of investment insight.
- Risk management and an exceptional client experience are everyone’s responsibility at Neuberger Berman.
Neuberger Berman Named One of the Best Places to Work in Money Management for Three Consecutive Years.
Our greatest assets are our people, our culture and our reputation. Making Neuberger Berman a best-in-class place to work is one way that we invest in those assets.
Neuberger Berman At a Glance
34 offices 19 countries
research meetings with
company management teams
at our offices in 2015
of clients’ assets managed by lead portfolio managers who have 20+ years of industry experience
annualized retention rate of investment professionals at SVP and MD level since 2009
of industry experience
number of employees worldwide
What Sets Us Apart
At Neuberger Berman, we focus on managing assets and delivering results. For our clients and partners, we have demonstrated an ability to uncover alpha–generating opportunities in all types of markets. It is this solutions orientation, built on a foundation of active management, original insight and research, that we believe rings true with clients.
Our investment culture defines our mission in all market environments
We are long–term in our thinking and independent in our judgment. We understand investor psychology, the tendency of many to follow the crowd, the importance of looking beyond the immediate commotion to the value we are seeking to extract from investments over time.
We are broad and deep
Our investment in people and resources translate to a substantial range of investment solutions and choices for institutions, advisors and individuals. We are able to work across asset classes and solve for client needs that typically require multi–asset class solutions. With more than 100 investment strategies and 519 investment professionals, we are able to work fluently across disciplines and innovate, create and implement new ideas.
We are client focused
We are in business to serve our clients’ needs. There are no proprietary trading desks, top–down economic models or competing businesses such as lending or investment banking. Rather, we are deeply attuned to the circumstances of our clients—including income, liquidity needs, investment goals and risk tolerance—so that we can work with them to solve for their unique investment objectives.
We are relevant
From our founding three quarters of century ago, to the present day, we have been original, constructive thinkers in the investment space. Our solutions reflect our best and highest conviction ideas within reasonable client-determined risk and return frameworks. Our portfolio managers’ experience enables us to take a longer–term view and recognize the value in developing strategies that may succeed across market cycles and economic regimes.
We are a stable investment organization
We are deeply committed to aligning our interests with those of our clients. Just as important, we are investors–focused, experienced and independent. This identity forms the philosophy and perspective that allows us to attract and retain some of the industry’s most talented investors.
We invest alongside our clients
In aggregate, employees and their families have invested approximately $3 billion in Neuberger Berman strategies as of December 31, 2015. We drive alignment with clients through our compensation and investment programs. Investment Professionals make substantial commitments in their own strategies. Employees in our deferred compensation program may direct up to 50% of their deferral toward purchasing equity in the firm. 100% of assets in our deferred compensation program that are not used to purchase equity in the firm are invested in client-facing strategies, with our portfolio managers’ non-equity related deferred compensation notionally invested in their own and other firm strategies. Our interests would be very much aligned with the interests of our clients.
Roy R. Neuberger, 1903-2010, was a legendary figure who had a profound influence on the worlds of art and investing.
Roy R. Neuberger
As co-founder and its longtime leader, he built Neuberger Berman into one of the most respected investment management firms in the world. Moreover, he personified the qualities that define who we are today: our unwavering dedication to clients, integrity, and investment skill.
In an industry characterized by sizable egos, Roy was a quiet force who inspired the respect of his competitors and the loyalty of his colleagues through his keen insights and extraordinary decision-making. Here at the firm, he was the perennial "straw that stirs the drink," attracting exceptional talent, which he nurtured through a culture of collaboration and achievement.
We salute Roy R. Neuberger and his legacy. He remains an inspiration to us all.
All information is as of December 31, 2015, except as otherwise noted.
1Includes $96.2 billion in Equity assets, $105.5 billion Fixed Income assets and $38.6 billion in Alternatives assets under management. Please note difference is due to rounding.
2Employee ownership includes current and former employees, directors, consultants and their permitted transferees.
This material is provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. Information is obtained from sources deemed reliable, but there is no representation or warranty as to its accuracy, completeness or reliability. All information is current as of the date of this material and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Neuberger Berman products and services may not be available in all jurisdictions or to all client types. Investing entails risks, including possible loss of principal. Investments in hedge funds and private equity are speculative and involve a higher degree of risk than more traditional investments. Investments in hedge funds and private equity are intended for sophisticated investors only. Indexes are unmanaged and are not available for direct investment. Past performance is no guarantee of future results.
All information as of the date indicated, except as otherwise noted. Firm data reflects the collective data for the various subsidiaries of Neuberger Berman Group LLC. Firm history/timeline information dates back to the 1939 founding of Neuberger & Berman (the predecessor to Neuberger Berman LLC), and highlights key business expansions, including those that resulted from acquisitions of the various affiliated investment advisers that now comprise the firm. Investment professionals referenced include portfolio managers, research analysts/associates, traders, and product specialists and team dedicated economists/strategists.
This material is being issued on a limited basis through various global subsidiaries and affiliates of Neuberger Berman Group LLC. Please visit www.nb.com/disclosure-global-communications for the specific entities and jurisdictional limitations and restrictions.
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