Neuberger Berman joins Wall Street ETF rush with thematic funds
The three new funds were created in response to clients who wanted access to the firm’s strategies via ETFs, says Neuberger CIO Hari Ramanan.
Neuberger Berman Group LLC is launching three actively managed exchange-traded funds Thursday, becoming the latest big asset manager to dive into Wall Street’s $7 trillion ETF industry.
The Neuberger Berman Connected Consumer ETF (NBCC) focuses on companies that benefit from the spending habits
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