Neuberger Berman has hired 19 executives from ING to form the majority of a new EMD team.
Among the 22 new hires for Neuberger Berman’s new EMD team on the whole, 12 are portfolio managers, six credit analysts and four are economists and strategists.
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The new EMD team will be based across the US, Europe and Asia. This team will be headed by former ING co-heads Rob Drijkoningen and Gorky Urquieta. Fund managers Bart van der Made, Raoul Luttik and Prashant Singh have joined the firm recently.
The new EMD team will be part of a fixed income platform that has more than 100 investment professionals and is led by chief investment officer of fixed income Brad Tank.
Neuberger Berman chief executive George Walker says: "These experienced portfolio managers have a long and successful history of delivering performance for clients.
"We are excited that world-class investment professionals continue to choose Neuberger Berman and we look forward to partnering with clients in emerging markets debt."
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By GlobalDataThe asset manager has US$97 billion in fixed income assets.
