In a recent PEI interview, three Neuberger Berman managing directors – Susan Kasser, co-head of private credit, Joana Rocha Scaff, head of Europe private equity, and Patricia Miller Zollar, head of the firm’s emerging managers platform – explain how they believe the pandemic has impacted their respective corners of the market and consider whether any resulting changes could be here to stay.
European High Yield: A Clear Case for Active Management
Passive European high-yield strategies may not be as cheap as they appear, and may pose more risk than you think.
The Mortgage-Backed Moment
Securitized credit, and especially mortgage-backed securities, can be an attractive source of income while waiting for volatile bond markets to settle.
The Return of Industrial Policy
As governments play a bigger role in the economy, we think businesses and investors will need to think more about inflation, location and taxation.