~ Anthony D. Tutrone, Global Head – Alternatives
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(08:27) In this short video, experts from our public and private markets teams share their outlook on credit markets.
Each year, our investment leaders identify 10 key themes that they believe will be prominent in the markets over the next 12 months.
“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.”
In the face of conflicting signals from our short- and medium-term outlooks, our Asset Allocation Committee is adopting more neutral views.
It may be time to plan the journey back to risk, but not yet time to act—peak rates could still be disruptive, and they pay investors for proceeding carefully.
(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?
PutWrite strategies can improve the risk-return efficiency, liquidity, flexibility and cost-effectiveness of investor portfolios.
The leaders of our investment platforms welcome the New Year with their views for 2023.
Our senior investment leaders discuss their market and investment themes for the coming year.
As the economy slows, an epic climb in short-dated rates and bond yields appears to have shocked investors into accepting the prospect of stickier inflation, but they still seem reluctant to price for substantially lower earnings.
As inflation persists and recession risks rise, our Asset Allocation Committee sees more yield potential in fixed income and favors commodities for ongoing inflation exposure, but remains cautious in equities.
Commodity prices are up substantially this year, but we believe structural supply and demand imbalances mean we are still in the early innings of this cycle.
In the June 2022 30th Anniversary Issue of Journal of Investing, Erik Knutzen, CIO—Multi-Asset, details the evolution of private markets over the last three decades and highlights the key trends and challenges anticipated for the future.
(22:11) Digital currency has been considered the new frontier for many investors, so we bring in the experts to explore the ramifications of investing in one of the newer asset classes amid today’s investment backdrop.
An assessment of private equity return patterns in three recent significant downturns.
More displaced workers seem ready to come back into the labor force, but employers may need to watch their highly compensated “stayers.”
While we do not anticipate a recession over the next 12 months, the prospect of slowing growth and stubborn inflation has led us to downgrade our view on equities, and prepare for a new regime in which real assets could generally perform better than financial assets such as stocks and bonds.
(6:40) In this short video, Hakan Kaya introduces the Neuberger Berman Commodities Fund and gives an overview of the role commodities could play within portfolios.
(24:55) The inflation we’re seeing today is unlike what we have seen in 40 years. Thus commodities have become top of mind as a traditional inflation hedge. But what other factors come into play in asset allocation?
Commodities have acted as a call option on “inflationary busts”.
Jaques Clough, CFA, joined the firm in 2018. Jaques is a Senior Vice President at Neuberger Berman and is a senior member of the North American Intermediary Team. He serves as a Client Advisor for Neuberger Berman’s Alternatives Platform. Prior to joining Neuberger Berman, Jaques was a Director of Credit Suisse, where he ran Alternatives Research and Due Diligence for Credit Suisse’s Private Bank Americas. In this capacity, he was responsible for sourcing, evaluating and structuring fund offerings across Private Equity, Real Estate, Private Credit and Hedge Funds. Jaques received an MBA from Columbia Business School and a BA in Economics from Middlebury College. He has been awarded the Chartered Financial Analyst designation.
Caroline Collins, Alternatives Investor Relations Specialist, joined Neuberger Berman in 2018. As a member of the Alternatives Specialist Team, she works closely with Intermediary Sales, focusing on maintaining relationships with prospective and existing clients in the firm’s NB Private Markets buisness. Prior to her current role, Caroline was an Associate on the Private Funds Client Services Team. Previously, she worked at Third Bridge Group where she supported management consulting firms in their due diligence and value-creation efforts. She earned a BA in History from Trinity College in Connecticut.
Michael Mayne, Alternatives Investor Relations Specialist, joined Neuberger Berman in 2019. As a member of the Alternatives Specialist Team, he works closely with Intermediary Sales, focusing on maintaining relationships with prospective and existing clients in the firm's NB Private Markets business. Prior to his current role, Michael was a Client Service Analyst on the Alternatives Fund Services Team. Michael began his career at Goldman Sachs as an analyst on the Residential Loan Asset Management team. He earned a BA in Economics from University of Texas at Dallas.
