Insights

Article | July 01, 2025

The 800-Volt Gorilla Inside AI Data Centers

Innovators are rolling out more efficient power-management solutions to meet explosive demand for artificial intelligence applications.

Article | June 23, 2025

Middle East Conflict: From Diplomacy to Disruption

U.S. strikes in Iran have escalated the conflict. What should investors watch for next?

Disruptive Forces in Investing | June 05, 2025

Stop Guessing Tomorrow: Insights on Long/Short Strategies

Mark Regenbaum shares lessons learned from two decades of experience managing long/short portfolios.

CIO Weekly Perspectives | June 02, 2025

The Consumer Hangs In

Amid changing policy dynamics, fluctuating markets and swings in sentiment, the U.S. consumer has, so far, remained surprisingly resilient.

Article | June 02, 2025

Will Smart Glasses Replace Smart Phones?

AI-powered eyewear offers a glimpse into the (not-so-distant) future. Growth investors, take heed.

CIO Weekly Perspectives | May 05, 2025

The End of American Exceptionalism?

The rest of the world is due some cyclical catch-up with the U.S., but talk of a structural change in the global economic ecosystem is premature.

Article | April 30, 2025

Surging Tariffs Are Flipping the Chip Script

The global trade war is accelerating China’s localization efforts; spurring low-cost production in India; and driving incremental growth in Asia’s Golden Triangle.

Equity Market Outlook | April 09, 2025

While surging tariffs and a hard sell-off have sown uncertainty, we expect negotiations to bring some relief on initial tariff proposals, and that sharply slower growth seems more likely than a U.S. recession.

CIO Weekly Perspectives | April 07, 2025

Trade War, or Will Cooler Heads Prevail?

Negotiation or retaliation—the world’s response to the surprisingly aggressive U.S. tariff announcements will be critical.

Article | April 02, 2025

Making America’s Chip Fabs Great Again

As national security threats mount, the U.S. aims to revive production of complex computer chips, creating potential opportunities all along the semi supply chain.

Disruptive Forces in Investing | April 02, 2025

It’s April: Time to Talk Taxes

(17:57) Discover how tax-efficient strategies can unlock hidden value in volatile markets.

Disruptive Forces in Investing | March 18, 2025

Could Value Stocks Make a Comeback?

(20:32) Is it time for investors to rethink their approach to value investing?

Article | March 11, 2025

Rebalancing Act: Rethinking Growth Versus Value

Recent gyrations have highlighted the inherent risk in the U.S. equity market’s growthy tilt—more evidence, in our view, that it’s time to increase exposure to value.

Disruptive Forces in Investing | March 05, 2025

NVIDIA, DeepSeek and the Evolution of AI

(28:03) How are market assumptions about AI shaping investor sentiment, and what do advancements like DeepSeek mean for the future of semiconductors and global innovation?

Article | March 03, 2025

Forget the Magnificent 7: Meet China’s Terrific 10

China’s top tech firms are emerging as global contenders as President Xi Jinping aims to boost innovation and revitalize his country’s economy.

Article | February 27, 2025

Hidden Value: Tax-Loss Harvesting in Up Markets

Selling for tax purposes is not just viable during periods of market weakness.

White Paper | February 11, 2025

Japanese Equities in 2025: Goldilocks Would Approve

Japanese Equities: Are the “Lost Decades” Finally in the Rear View?

CIO Weekly Perspectives | February 10, 2025

The Tariff Man Cometh…and Go-eth?

Are these levies just a negotiating tool, or an unorthodox revenue-raising scheme? The answer could determine how seriously investors should view them.

Article | February 05, 2025

The Golden Age of Customized AI Chips

As demand for training large-scale AI models shifts to delivering more precise inferencing capabilities, the race to build application-specific chips is heating up.

Article | January 27, 2025

Seeking Perspective On DeepSeek

A Chinese AI start-up claimed its large-language model needs far less computing power than established models. What’s it all mean for chipmakers and the broader economy?

Article | January 21, 2025

Brightening Capex: A Value Tailwind?

Global industrial activity appears to be gathering steam, potentially spurring capital expenditures, which could favor value stocks and small caps.

Article | January 08, 2025

The Potential Power Of AI Agents

Unlike traditional bots, these virtual helpers can learn, adapt and manage tasks dynamically—putting us on the cusp of true AI proliferation.

Equity Market Outlook | January 08, 2025

Equity Market Outlook 1Q 2025

We believe a strong economy, rebounding industrial activity, improving liquidity and rising animal spirits should continue to support corporate earnings growth and a broadening of the U.S. equity market in the coming year.

NB Blog | December 03, 2024

Trump 2.0 and the Semiconductor Supply Chain

Donald Trump’s re-election could accelerate efforts to localize semiconductor production and spark more “friend-shoring” across Southeast Asia.

NB Blog | November 20, 2024

Small Caps: What You Don't Know But Should

Small cap stocks span a wide range of characteristics and performance drivers that we believe index funds are not built to exploit.

CIO Weekly Perspectives | November 18, 2024

Back to Business

After a year of tumultuous elections, investors can now refocus on company fundamentals—and the outlook is more nuanced than it might seem.

White Paper | November 11, 2024

Small Caps: To Index or Not to Index

Small caps are the most passively managed among all equity size categories, yet we believe they offer a highly contoured and target-rich landscape for active stock selection.

NB Blog | November 05, 2024

Small Caps Are Poised to Shine—Here’s Why

Relative valuations, macro drivers, market dynamics: In our view, many signs appear to signal a small cap renaissance in the near- to mid-term.

White Paper | October 30, 2024

Small Caps: The Next Cycle Is Upon Us

We believe higher-quality small caps look poised to outperform their large-cap peers over the near- to mid-term.

NB Blog | October 15, 2024

Japan's New Prime Minister Should Provide Continuity

Despite initial market jitters, political veteran Shigeru Ishiba seems likely to carry the torch of Japan’s economic revitalization.

Article | October 10, 2024

The 2024 Election: Navigating Potential Financial Sector Shifts

We believe the outcome of the US presidential election could alter fundamental dynamics across the financial sector: Banking regulation, crypto, private equity, insurance—all stand to be shaped by the winner in November. Here is a look at some key areas and, in our view, the potential implications for investors.

Equity Market Outlook | October 04, 2024

Equity Market Outlook 4Q 2024

Despite a slowing U.S. economy, we reaffirm many of our Q3 recommendations and think the odds of an imminent recession remain low.

CIO Weekly Perspectives | September 22, 2024

The Fed “Recalibrates” to Buy Some Insurance

Rate-cutting cycles have tended to favor risk assets, so it was gratifying to see the central bank get started with a meaningful move.

Article | September 17, 2024

Technology Runs Through Asia

Across the “Golden Triangle” and beyond, Asian companies are forming a foundation for global technological growth and development.

Disruptive Forces in Investing | September 11, 2024

Amid the Volatility: What Are Investors’ Best Options?

(22:19) What are investors Options? Sitting down with Derek Devens, Senior Portfolio Manager of the Neuberger Berman Options Group to discuss this fearless sector.

Article | September 10, 2024

The U.S. Election and Energy: More Than Meets the Eye

The presidential candidates have well-known policy profiles on energy, but how could they translate in the real world?

CIO Weekly Perspectives | September 01, 2024

Why Japan Bounced Back

A huge market shock and a prime Minister heading for the exit—does any of what happened in August affect the long-term investment story for Japan?

Disruptive Forces in Investing | August 21, 2024

Let the [Micro] Chips Fall Where They May

(17:09) Unpacking the influence of the Asia Equities market as it relates to big tech with Eileen Furukawa

CIO Weekly Perspectives | August 16, 2024

It’s Hard to Relax

It’s time for a well-deserved, late-summer breather, yet geopolitical tensions continue to mount.

Disruptive Forces in Investing | August 07, 2024

Elections, Equities and the Economy

(19:30) Does it matter if elections are close?

Asset Allocation Committee Outlook | July 16, 2024

Policy and Politics

The first-quarter inflation bump is behind us, but we believe the risks of monetary policy errors and electoral surprises have risen.

CIO Weekly Perspectives | July 15, 2024

High-Vol Politics, Low-Vol Markets

Are markets calm because of electoral unpredictability, rather than despite it?

Equity Market Outlook | July 10, 2024

Equity Market Outlook 3Q 2024

We remain constructive on stocks amid tentative signs of a broadening market.

CIO Weekly Perspectives | June 09, 2024

The Importance of Active Ownership

Shareholder engagement is for life, not just for proxy-voting season.

Disruptive Forces in Investing | May 21, 2024

The Wonders of Japan’s Economy

(19:03) As things are looking brighter for Japan’s economy, what opportunities could be in store?

White Paper | May 17, 2024

The Equity Breakdown: Parsing the Key Debate in Five Sectors

Five of our senior equity analysts weigh in on the crucial conversation in each of their sectors.

White Paper | April 26, 2024

The Pitfalls of Investing In Factor Indices

Factor indices are a far cry from “passive” investing and may be ill-designed to deliver optimal risk-adjusted returns.

Disruptive Forces in Investing | April 23, 2024

What’s Up in the Air?

(18:17) As the airline sector has returned from years of COVID travel lags, we explore what has happened amid its journey to recovery and discover what else has transpired in the process...

Asset Allocation Committee Outlook | April 17, 2024

Breadth and Balance

The economic outlook may have improved, but we believe large parts of the credit and equity markets are fully valued.

Equity Market Outlook | April 10, 2024

Extreme Distortions Everywhere: A Moment for Active Management

Powerful investment themes, such as AI, can capture the market’s collective imagination and we believe can create opportunities for tremendous wealth. Taken to an extreme, however, they can also trigger distortions across and within the markets.

Article | April 08, 2024

Breadth and Balance

The economic outlook may have improved, but large parts of the credit and equity markets are fully valued.

CIO Weekly Perspectives | April 07, 2024

Broaden Your Investment Horizons

It may be time to look beyond the U.S. for equity market performance, especially if early signs of a cyclical economic recovery persist.

Article | April 04, 2024

Japan Enters a New Era

We explore Japan’s revival, corporate reforms and where its equity opportunities may emerge next.

CIO Weekly Perspectives | February 26, 2024

Earnings Remain Key in a Confusing Macro Picture

Macro uncertainty is high, but the earnings season has been solid—and not only in the U.S.

Article | February 12, 2024

The Importance of Monitoring Credit Spreads In Positioning Equity Portfolios

On February 2, 2024, the yield spread between the Baa corporate bond and the 10-year Treasury bond sat at 147 bps—the narrowest level since 2000.

CIO Weekly Perspectives | January 29, 2024

The Year Ahead for the Major Industry Sectors, Part 2

The second of two Perspectives outlining some of the key themes we think will drive the major industry sectors in 2024.

CIO Weekly Perspectives | January 22, 2024

The Year Ahead for the Major Industry Sectors, Part 1

The first of two Perspectives outlining some of the key themes we think will drive the major industry sectors in 2024.

Asset Allocation Committee Outlook | January 11, 2024

Flows and Fundamentals

With cash rates priced to decline substantially, we think it is time to deploy liquidity, locking in bond yields and seeking out value in the equity market.

Equity Market Outlook | January 04, 2024

Making Sense of Mixed Signals

Against long odds, 2023 marked the return of investor optimism. We examine the sustainability of the potentially precarious drivers that may be underpinning last year’s stunning market rally.

CIO Weekly Perspectives | December 11, 2023

Investors Cannot Ignore the Debt-Sustainability Question

Despite a pullback in bond yields, clients at our Solving for 2024 event were still uncertain about how to invest in a world of runaway government debt.

White Paper | November 09, 2023

The Limitations of Passive Investing to Achieve a Net-Zero Outcome

In our second installment of The Fine Print of Indexation, we tackle the challenge of building net-zero-aligned portfolios.

CIO Weekly Perspectives | November 05, 2023

Is Too Much Riding on the Tech Titans?

U.S. tech is “Magnificent” in many ways, but it cannot lead the market forever—investors may want to seek performance elsewhere.

Disruptive Forces in Investing | October 17, 2023

A Force to Be Reckoned With

(22:41) As we mark our 100th episode, we explore the disruptions facing our industry at large.

Asset Allocation Committee Outlook | October 11, 2023

Higher for Longer, Longer the Stronger

“Savings depletion and weakness among small-cap and regional bank stocks suggest that the U.S. economy may not be as strong as it seems.”

White Paper | October 05, 2023

Japan: Unlocking Hidden Value Through Engagement

Reforms could continue to drive performance, particularly in a small to midcap space that is ripe for engagement-driven capital efficiency gains.

Disruptive Forces in Investing | October 03, 2023

From Hype to Reality: The Impact of Generative AI

(26:14) With the boom of generative AI, we explore the sector to determine whether we truly are amid the next industrial revolution or if it is just beginning…

Equity Market Outlook | October 03, 2023

A Change of Season

For all the exuberance over a potential soft landing, we believe a rising tide of data reveals an economy that is more likely tracing a scenic detour to recession.

White Paper | September 27, 2023

A New Energy Investment Paradigm

Using today’s fossil-fuel profits to invest in the long-term growth and emissions reduction of clean and renewable power.

CIO Weekly Perspectives | September 17, 2023

Political Gridlock but Fiscal Largesse

How political dysfunction undermines debt sustainability and helps embed structurally higher inflation.

White Paper | September 15, 2023

The Active Foundations of Sustainable Investing

As ESG and sustainability indices proliferate, we argue that sustainable investing is inherently an active management discipline.

CIO Weekly Perspectives | August 28, 2023

Strike (Big) 3?

A potential U.S. auto strike has significant implications for the economy, earnings and inflation.

CIO Weekly Perspectives | August 20, 2023

Late-Summer Debates

A few key issues could disrupt investors’ peace and quiet as fall approaches in the Northern Hemisphere.

Disruptive Forces in Investing | July 25, 2023

The Implications Behind Indexation

(14:33) Are there misunderstood aspects of indexation that investors should be aware of?

Article | July 24, 2023

Ten for 2023—Midyear Update

We check in on the key themes we anticipated from the economy and markets in 2023.

Asset Allocation Committee Outlook | July 17, 2023

Engine Running, Shifting to Neutral

In the face of conflicting signals from our short- and medium-term outlooks, our Asset Allocation Committee is adopting more neutral views.

CIO Weekly Perspectives | July 16, 2023

Taking Stock

As we reach the halfway point of an unexpected year for markets, what’s next for equities?

White Paper | July 05, 2023

Climate Innovation and the New Capex Cycle

The backdrop for investing in climate innovation is at a critical infection point

Equity Market Outlook | June 30, 2023

Economic and Market Review: Long-Term Optimism Amid Short-Term Headwinds

While the rally in mega-cap growth stocks has helped delay the next downturn, we reaffirm our emphasis on low-beta portfolios, higher earnings quality and defensive sectors.

White Paper | June 28, 2023

The Fine Print of Indexation

A look at opportunity costs, long-term risks and complementary solutions

CIO Weekly Perspectives | June 18, 2023

Don’t Give Up on China

The post-COVID reopening has disappointed, but has that disappointment and the prospect of new policy stimulus created a relative value opportunity?

Article | June 07, 2023

GP-Led Secondaries: Private Equity’s Most Underserved Market?

Current macroeconomic and capital market conditions appear to be creating attractive investment opportunities for secondary buyers.

CIO Weekly Perspectives | May 21, 2023

Is the Consumer Cracking?

News from the consumer sector reveals intriguing trends, as well as the importance of credit and security selection in today’s complex market environment.

Disruptive Forces in Investing | May 16, 2023

The Many Facets of Japanese Investing

(29:48) Given Japan’s unique macroeconomic backdrop, what can this market offer to its investors?

CIO Weekly Perspectives | May 14, 2023

A Tale of Two Indices

How an “optical illusion” might be making the S&P 500 look more expensive, and better-performing, than it really is.

Disruptive Forces in Investing | April 25, 2023

The True Meaning of Sustainable Investing

(19:50) How can investors approach sustainable investing in today's investment landscape?

CIO Weekly Perspectives | April 23, 2023

Proxy Voting: Engagement Matters

As we kick off our latest NB Votes campaign, we look at what detailed bottom-up knowledge brings to the process, and what can happen when it’s absent.

CIO Weekly Perspectives | April 02, 2023

As Credit Goes, So Goes the Economy

Credit is the lifeblood of the economy, and the credit system just had a heart murmur.

Disruptive Forces in Investing | March 21, 2023

The Deal or No Deal of Event-Driven Investing

(19:48) Exploring the nuances of event-driven investing in today’s markets, we attempt to answer: how do the deals get made? And what happens when they don’t?

CIO Weekly Perspectives | March 19, 2023

The More Things Change, Part II

Banking stresses may have tightened conditions enough for policymakers to pause their hiking cycles indefinitely.

Article | March 13, 2023

Silicon Valley Bank: Market Reaction and Implications

In this bulletin, we provide our view of the events of the last week and their implications for the bank sector.

CIO Weekly Perspectives | March 12, 2023

At the Crossroads, Seeking Direction

Faced with historically inverted yield curves, unbalanced equity markets and economic conditions unseen for 40 years, investors are agonizing over their next steps.

CIO Weekly Perspectives | March 05, 2023

ESG: Making Sense of the Mudslinging

What ESG, sustainable investment and impact investment mean at Neuberger Berman, and how they are consistent with active management and the diverse needs of our clients.

CIO Weekly Perspectives | February 26, 2023

Commodities: From Destocking to Restocking

The micro and macro factors weighing on commodities since last summer are starting to reverse—and secular tailwinds are building.

CIO Weekly Perspectives | February 19, 2023

Politics, Deficits and the Debt Limit

We firmly believe that Congress will ultimately raise the debt limit, but it’s worth remembering that political drama affects markets.

Article | February 15, 2023

Equity Opportunities After Easy Money

Fourteen years of rock-bottom interest rates helped fuel a passive-indexing revolution. At Neuberger Berman, we believe we’ve entered a new economic regime that, in our view, calls for even more thoughtful and selective active management.

Article | February 13, 2023

Japanese Small Caps May Hop in the Year of the Rabbit

Despite their recent outperformance, we believe Japanese small caps have further room to run in 2023 and beyond. In this report, we highlight a few catalysts that could support earnings growth within this relatively under-researched asset class.

Article | January 25, 2023

The Investors Have Left the Building

Is money rushing to exit from non-traded real estate because there is more attractive value in listed real estate?

CIO Weekly Perspectives | January 22, 2023

A Delayed Reckoning

Equity markets had momentum coming into 2023, but has the economic data now become too bad for investors to ignore?

CIO Weekly Perspectives | January 01, 2023

Outlook 2023

The leaders of our investment platforms welcome the New Year with their views for 2023.

Insights

FILTERS

The 800-Volt Gorilla Inside AI Data Centers

Middle East Conflict: From Diplomacy to Disruption

Stop Guessing Tomorrow: Insights on Long/Short Strategies

The Consumer Hangs In

Will Smart Glasses Replace Smart Phones?

The End of American Exceptionalism?

Surging Tariffs Are Flipping the Chip Script

Equity Market Outlook 2Q 2025

Trade War, or Will Cooler Heads Prevail?

Making America’s Chip Fabs Great Again

It’s April: Time to Talk Taxes

Could Value Stocks Make a Comeback?

Rebalancing Act: Rethinking Growth Versus Value

NVIDIA, DeepSeek and the Evolution of AI

Forget the Magnificent 7: Meet China’s Terrific 10

Hidden Value: Tax-Loss Harvesting in Up Markets

Japanese Equities in 2025: Goldilocks Would Approve

The Tariff Man Cometh…and Go-eth?

The Golden Age of Customized AI Chips

Seeking Perspective On DeepSeek

Brightening Capex: A Value Tailwind?

The Potential Power Of AI Agents

Equity Market Outlook 1Q 2025

Trump 2.0 and the Semiconductor Supply Chain

Small Caps: What You Don't Know But Should

Back to Business

Small Caps: To Index or Not to Index

Small Caps Are Poised to Shine—Here’s Why

Small Caps: The Next Cycle Is Upon Us

Japan's New Prime Minister Should Provide Continuity

The 2024 Election: Navigating Potential Financial Sector Shifts

Equity Market Outlook 4Q 2024

The Fed “Recalibrates” to Buy Some Insurance

Technology Runs Through Asia

Amid the Volatility: What Are Investors’ Best Options?

The U.S. Election and Energy: More Than Meets the Eye

Why Japan Bounced Back

Let the [Micro] Chips Fall Where They May

It’s Hard to Relax

Elections, Equities and the Economy

Policy and Politics

High-Vol Politics, Low-Vol Markets

Equity Market Outlook 3Q 2024

The Importance of Active Ownership

The Wonders of Japan’s Economy

The Equity Breakdown: Parsing the Key Debate in Five Sectors

The Pitfalls of Investing In Factor Indices

What’s Up in the Air?

Breadth and Balance

Extreme Distortions Everywhere: A Moment for Active Management

Breadth and Balance

Broaden Your Investment Horizons

Japan Enters a New Era

Earnings Remain Key in a Confusing Macro Picture

The Importance of Monitoring Credit Spreads In Positioning Equity Portfolios

The Year Ahead for the Major Industry Sectors, Part 2

The Year Ahead for the Major Industry Sectors, Part 1

Flows and Fundamentals

Making Sense of Mixed Signals

Investors Cannot Ignore the Debt-Sustainability Question

The Limitations of Passive Investing to Achieve a Net-Zero Outcome

Is Too Much Riding on the Tech Titans?

A Force to Be Reckoned With

Higher for Longer, Longer the Stronger

Japan: Unlocking Hidden Value Through Engagement

From Hype to Reality: The Impact of Generative AI

A Change of Season

A New Energy Investment Paradigm

Political Gridlock but Fiscal Largesse

The Active Foundations of Sustainable Investing

Strike (Big) 3?

Late-Summer Debates

The Implications Behind Indexation

Ten for 2023—Midyear Update

Engine Running, Shifting to Neutral

Taking Stock

Climate Innovation and the New Capex Cycle

Economic and Market Review: Long-Term Optimism Amid Short-Term Headwinds