Neuberger Berman Introduces Global Equity, Global Thematic Opportunities Funds

Neuberger Berman Group LLC, one of the world’s leading employee-owned money managers, announced today the launch of two funds, Neuberger Berman Global Equity Fund (tickers: NGQAX, NGQCX, NGQIX) and Neuberger Berman Global Thematic Opportunities Fund (tickers: NGHAX, NGHCX, NGHIX). The two new portfolios join Neuberger Berman Global Allocation Fund (tickers: NGLAX, NGLCX, NGLIX), introduced in June, in providing U.S. investors with broad strategies covering the world’s developed and developing capital markets.

“The global investment landscape provides U.S. investors with a wide range of attractive opportunities, and we’re pleased to offer our clients these two new global funds, managed by exceptional investment teams,” said Joseph Amato, Neuberger Berman’s president. “Along with the Global Allocation portfolio available for the first time to investors in a mutual fund format, the Neuberger Berman Global Equity and Global Thematic Opportunities Funds are designed to offer shareholders a broad range of investment strategies spanning the world’s capital markets.”

Neuberger Berman Global Equity Fund invests primarily in mid- and large-capitalization companies in both developed and emerging markets. The team focuses on companies that are able to sustain high levels of profitability and organic revenue growth, but that trade at a discount to intrinsic value. They look for companies with a sustainable competitive advantage, a shareholder-oriented management team, and a healthy balance sheet underpinned by strong cash flow. The team seeks to control volatility by assessing political, economic and business risk facing each company being considered for the portfolio.

Neuberger Berman Global Equity Fund is managed by Benjamin Segal and Saurin Shah. Segal also serves as manager of the Neuberger Berman International and International Large Cap Funds (tickers: NIRAX, NIRCX, NBISX, NBITX and NBNAX, NBNCX, NILIX, NBNRX, NILTX, respectively), both of which are rated 4 stars by Morningstar Inc. As of July 31, 2011, the team managed a total of $7.6 billion in global assets for Neuberger Berman’s institutional and individual clients.