Neuberger Berman signs up to PRI
Leading employee-owned money manager, Neuberger Berman Group has become a signatory to the Principles for Responsible Investment (PRI).
Announcing the move this week, Neuberger Berman president and chief investment officer Joseph Amato said the signing of the PRI is another example of the company's commitment to responsible investing.
"This is a statement of our support for PRI and its work with asset managers in formulating a global presence for the principles,'' he said.
Neuberger Berman Australia senior vice president Paul O'Halloran said the company's clients had experienced the benefit of an investment team implementing a responsible investment framework within its research process over a substantial period of time.
"Our socially responsive fund has a long history, and the principles are in line with our own philosophies and practices as research driven, long-term investors," he said.
Recommended for you
The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics reference committee will not be re-adopted.
After seven weeks of strong growth, Wealth Data analysis shows financial adviser gains are now tapering off and returning to a regular pace.
Count chief executive Hugh Humphrey has said FY25 was a “milestone year” for the business as it completed its Diverger integration, exceeding targets with $5.1 million in cost synergies.
US wealth manager Focus Financial Partners, which includes Australia’s Escala Partners, has appointed a chief strategy officer to fuel further Australian growth.
