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
Former Iress chief executive, Andrew Walsh, has been promoted to chair of a boutique Sydney advisory firm, having stepped down from the same position at Mason Stevens.
Results are out for the latest sitting of the ASIC financial advice exam, with the pass rate falling for the second consecutive sitting.
The finalists for the 2025 Australian Wealth Management Awards have been revealed, shining a spotlight on the top performers and rising stars across the nation’s wealth sector.
Adviser losses for the end of June have come in 143 per cent higher than the same period last year, and bring the total June loss to over 350.
