Neuberger Berman has hired 22 emerging markets debt (EMD) investment professionals, 19 of whom have joined the firm from ING Investment Management, where they managed over US$16 billion in EMD assets.

The new group’s capabilities span hard and local currency mandates, as well as EMD corporate bond and dedicated Asian debt strategies. The investment staff of 12 portfolio managers, six credit analysts and four economists and strategists will operate from offices in the US, Europe and Asia, providing dedicated regional expertise and around-the-clock market coverage.

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