Press Release
Neuberger Berman Emerging Markets Equity Select Fund awarded ‘Recommended’ rating from Zenith
7 November 2019, Sydney: Global asset manager Neuberger Berman announces its Neuberger Berman Emerging Markets Equity Select Fund (‘EME Select Fund’ or ‘the Fund’) has been awarded a ‘Recommended’1 rating from independently-owned investment research house Zenith.
The Fund, which launched in August, aims to achieve long-term capital growth by investing in emerging market equities issued by companies that are listed or traded globally, have sustainable cash flow growth and are trading at attractive valuations.
“Zenith’s ‘Recommended’ rating is an independent endorsement and welcomed validation of this investment strategy,” said Neuberger Berman Head of Intermediary Distribution Matthew Thompson.
“The EME Select Fund adds to our retail investor offering and is designed for those who want exposure to emerging markets through a disciplined investment process.”
The Fund adopts a flexible strategy and invests in companies and industries that will benefit from emerging markets’ domestic growth, and not just the export and commodity growth-oriented companies that have historically led these markets.
The Fund can also selectively invest in companies outside the benchmark and assesses material ESG factors to identify high quality companies with low long term risk.
Zenith’s report noted the EME Select Fund was an “appealing offering with a solid track record”, adding that “Neuberger Berman’s breadth of investment resources provides the investment team with a competitive advantage”.
The Fund is managed by Neuberger Berman’s Head of Emerging Market Equity Conrad Saldanha, and backed by a dedicated research team who leverage resources from Neuberger Berman’s global equity research department and the emerging markets debt team.
As of 30 September 2019, Neuberger Berman’s Emerging Market Equity team managed over US$7 billion of global assets.
For further information please contact:
Arthur Chan, WE Buchan, 02 9237 2805, neuberger@we-buchan.com