Neuberger Berman Group has launched the Neuberger Berman Greater China Equity Fund (NCEAX, NCECX, NCEIX), a mutual fund for U.S. investors investing primarily in equity securities of issuers based in mainland China, Hong Kong, Taiwan, and Macau.
The fund is managed by portfolio managers and managing directors Yulin (Frank) Yao and Lihui Tang. According to Yao, who serves additionally as Neuberger Berman’s vice chairman for Asia-Pacific, the Greater China region is a large and inefficient market with compelling investment opportunities for U.S. investors.
“We believe valuations for domestic and overseas-listed Chinese equities are at their lowest point in recent years, at roughly half their historical averages, and we think this is a great time for U.S. investors with a longer-term outlook to consider investing in the Greater China region,” Yao said.
