Neuberger Berman launches Investment Grade CLO Debt fund
Focused on BBB-rated debt
Focused on BBB-rated debt
The launch follows increased demand for equal weight solutions
Current head of wholesale will also oversee institutional sales in the newly-created role
Key events for wealth managers in the week beginning 7 October
Fixed income funds also shed record amounts of cash during August and September
Third month in a row of overall inflows
Firm will acquire £800m of mostly institutional assets from the London-based boutique
Deal first announced this August
Fund to be managed by Amundi’s Lionel Pigeon
Miriam Breen joins team from LGIM to oversee ETF and Index business development for UK and Ireland
Zero commission on 100 US stocks between 1 October and 31 December
JPM UK Equity Core, Alliance Trust, SPDR MSCI ACWI ETF and Xtrackers S&P 500 Equal Weight ETF also made the grade since March 2024