Neuberger Berman Launches Flexible Fund

Neuberger Berman Group has launched the Neuberger Berman Flexible Select Fund (NFLIX, NFLAX, NFLCX) to bet on The Fund will invest in the equity, fixed income and cash equivalent assets classes.

“At Neuberger Berman, we have more than 40 talented teams under our roof investing globally across the market spectrum, and our new Flexible Select Fund aims to bring some of their best ideas to mutual fund investors,” stated Joseph Amato. “As clients are increasingly interested in outcomes, this fund also provides the oversight of an expert investment committee to allocate and rebalance the portfolio.”

Neuberger Berman managed some $216 billion across equities, fixed income, hedge funds and private equity assets as of March 31.

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