Neuberger Berman Company

　　

Neuberger Berman Company: Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Neuberger Berman Company was founded in 1939 by Roy Neuberger and Robert Berman. The firm was established with a singular goal: to deliver compelling investment results for its clients over the long term. This foundational principle has guided the company through its 85 years of operation.

　　

Parent Company/Owership Structure

　　Neuberger Berman operates as an independent, employee-owned investment management firm. This structure means that the firm is fully owned by its employees, which aligns its interests with those of its clients and fosters a culture of accountability and performance.

　　

Headquarters Location

　　The company's headquarters is located at 1290 Avenue of the Americas, New York City, New York, United States.

　　

Global Business Scope

　　Neuberger Berman has a global footprint, managing a wide array of investment strategies across 39 cities in 26 countries. The firm serves a diverse clientele, including institutional investors, financial intermediaries, and high-net-worth individuals.

　　

Main Regulatory Bodies

　　Neuberger Berman is regulated by several key financial authorities, including the U.S. Securities and Exchange Commission (SEC) and various state regulatory bodies. Its global operations also mean compliance with international regulatory standards in the regions where it operates.

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2. Company History and Development

　　

Key Milestones

• 1939: Neuberger Berman is founded.
• 2003: The firm is acquired by Lehman Brothers.
• 2008: Following Lehman Brothers' bankruptcy, Neuberger Berman is sold to a group of private equity firms but ultimately regains independence through a management buyout.
• 2014: Neuberger Berman returns to full employee ownership.
• 2024: The firm announces a significant acquisition of Nord Anglia Education for $14.5 billion.

　　

Business Expansion Journey

　　Since its inception, Neuberger Berman has expanded its investment capabilities significantly. Initially focused on equities, the firm has broadened its offerings to include fixed income, private equity, hedge funds, and alternative investments. This diversification has allowed Neuberger Berman to adapt to changing market conditions and client needs.

　　

Customer Base Growth

　　Neuberger Berman has seen substantial growth in its client base, which now includes pension plans, charitable organizations, sovereign wealth funds, and individual investors. As of March 31, 2024, the firm manages approximately $474 billion in assets under management (AUM).

　　

Platform Development History

　　The firm has continuously innovated its investment platform, launching various investment strategies and products to meet evolving market demands. This includes the establishment of a hedge fund platform in 2004, a quantitative investment business in 2005, and liquid alternatives in 2011.

　　

Important Awards or Recognitions Received

　　Neuberger Berman has been recognized multiple times as one of the best places to work in money management, earning top rankings in the Pensions & Investments survey since 2014. This recognition highlights the firm's commitment to employee satisfaction and retention.

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3. Trading Services Offered

　　

Forex Trading Options

　　Neuberger Berman does not primarily focus on forex trading, but it does offer investment strategies that may include currency exposure as part of a diversified portfolio. The exact number of currency pairs available is not specified, as the firms primary focus is on asset management rather than direct forex trading.

　　

Stock Trading Options

　　The firm provides a range of equity investment options, including domestic and international stocks. Neuberger Berman employs fundamental research and expert insights to manage its equity portfolios effectively.

　　

CFD Trading Products

　　Neuberger Berman does not prominently feature Contracts for Difference (CFDs) in its offerings, as its focus lies in traditional asset management services rather than speculative trading products.

　　

Other Financial Instruments

　　Neuberger Berman offers a variety of financial instruments, including:

• Equities: Both domestic and international stocks.
• Fixed Income: A comprehensive range of public and private fixed income products.
• Private Equity: Investments in private companies and funds.
• Hedge Funds: Access to various hedge fund strategies.
• Alternative Investments: Including real estate and infrastructure investments.

　　

Special Services or Unique Advantages

　　Neuberger Berman prides itself on its employee ownership structure, which fosters alignment with client interests and enhances the firms culture of innovation and accountability. The firm also emphasizes deep fundamental research and a commitment to sustainable investing.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Neuberger Berman is regulated by multiple authorities, including:

• U.S. Securities and Exchange Commission (SEC)
• Financial Industry Regulatory Authority (FINRA)
• Various state regulatory bodies across the U.S.
• International regulatory bodies in regions where it operates

　　

Legal Entity Structure by Region

　　Neuberger Berman operates through various legal entities, including:

• Neuberger Berman Group LLC: The parent company.
• Neuberger Berman Investment Advisers LLC: A registered investment adviser.
• Neuberger Berman BD LLC: A registered broker-dealer.

　　

Client Fund Protection Measures

　　The firm adheres to strict compliance and regulatory requirements to protect client funds. This includes maintaining segregated accounts and adhering to best practices in risk management.

　　

Countries/Regions Served

　　Neuberger Berman serves clients globally, with a presence in major financial markets across North America, Europe, Asia-Pacific, and beyond.

　　

Compliance History

　　Neuberger Berman has maintained a strong compliance record, adapting to changing regulations and ensuring that its practices meet or exceed industry standards.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　Neuberger Berman faces competition from several prominent firms in the asset management industry, including:

• BlackRock
• The Vanguard Group
• Fidelity Investments
• T. Rowe Price
• State Street Global Advisors

　　

Positioning in the Industry

　　Neuberger Berman is positioned as a leading independent investment management firm, emphasizing its employee ownership model and commitment to client-centric service. This differentiates it from many competitors that are publicly traded or owned by larger financial institutions.

　　

Market Differentiation Factors

　　Neuberger Berman differentiates itself through:

• Employee Ownership: Ensuring alignment between the firms interests and those of its clients.
• Research-Driven Approach: A strong emphasis on fundamental research and analysis.
• Sustainable Investing: A commitment to integrating environmental, social, and governance (ESG) factors into investment decisions.
• Client Relationships: A focus on building long-term partnerships with clients through tailored investment strategies.

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　　In conclusion, Neuberger Berman Company stands out as a reputable player in the asset management industry, with a rich history, a strong commitment to client service, and a unique ownership structure that aligns its interests with those of its clients. As the firm continues to evolve and adapt to market changes, it remains focused on delivering long-term investment results.

　　For more information about Neuberger Berman's services and investment strategies, learn more.