Neuberger Berman has launched the Neuberger Berman Global Allocation Fund, a flexile, go-anywhere fund designed to serve as the core of an investor’s portfolio.

The fund blends fundamental and quantitative investment analysis and both a top-down, bottom-up methodology to determine asset allocation and security selection, and is managed by a team led by Quantitative Chief Investment Officer Wai Lee.

“We’re delighted to offer investors the Neuberger Berman Global Allocation Fund in a mutual fund format,” said Neuberger Berman President and Chief Investment Officer Joseph Amato. “The fund is designed to provide shareholders with the ability to improve their risk-reward profile through this core fund, which offers a broad-based portfolio of global assets, and seeks to deliver returns that are not as highly correlated with major asset classes, such as equities and bonds.”

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