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Neuberger Berman Annual Report

June 2021

We are pleased to share our Annual Report, offering perspectives on the unique challenges faced by our industry and clients in 2020 and into 2021. Our CEO, CIOs and client coverage leadership provide insight into our continued focus on investment excellence, our dedication to environmental, social and governance (ESG) principles, our progress on equity and inclusion and, most importantly, our commitment to serving clients today and into the future.

The report highlights the resilience of our organization and people, and the lessons learned during the pandemic that will continue to inform our client partnerships and the implementation of the business principles that drive how we do business.

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A Message From Our CEO

George Walker, Chairman and CEO at Neuberger Berman

Each year, I enjoy reading annual letters from the leaders of the companies I most admire. My favorite this year was Jeff Bezos’ farewell note, in which he identifies all of the beneficiaries of the value created by Amazon over the past 12 months, from shareholders and employees to shoppers and cloud-computing customers.1 I encourage you to read it.

As my colleagues know, I relish turning any test on ourselves—whether it’s a rigorous financial test, an environmental or social screen, a “Best Places to Work” competition or even a peppery corporate athletic challenge—and so I’ve been thinking about how to follow Bezos’ example by broadly quantifying the value that Neuberger Berman created in 2020…

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