Neuberger Berman has further expanded its UCITS fund platform in Asia with the registration of nine of its funds in the Republic of Korea.

 

The Financial Supervisory Service has authorized nine funds for public offering in Korea. As of end-July 2014, Neuberger Berman currently manages over US$18 billion in assets for institutional and individual clients across its Ireland -based UCITS range. This figure also includes over US$2 billion from investors in the region.

 

"We are thrilled that our UCITS funds registration has been completed. We are delighted to see that our diverse range of strategies have drawn attention from clients in the region already, and I believe it will be another excellent opportunity for us to introduce our products, and in particular, help us build deeper relationship with investors in Korea," said Ryo Ohira , managing director and head of East Asia for Neuberger Berman.

 

"Neuberger Berman's investment solutions are based on our firm's 75-year-old culture and built on a foundation of active management and deep research," said Joseph Amato, president and chief investment officer of Neuberger Berman. "We are delighted to bring many of our most distinctive UCITS funds to investors in Asia . These funds reflect our best and highest conviction ideas and our portfolio managers' experience and expertise."