Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Neuberger Begins a Long PM Goodbye Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, March 4, 2015

Neuberger Begins a Long PM Goodbye

Reported by Neil Anderson, Managing Editor

At the end of 2015, the Neuberger Berman [profile] team will say goodbye to an 18-year company veteran on a $28-billion PM team.

Yesterday the New York City-based mutual fund shop confirms that Ann Benjamin will retire from Neuberger at year-end. She serves as managing director and chief investment officer for Neuberger's $28-billion non-investment grade credit (i.e. high yield) team, which includes 20 dedicated research analysts and 4 traders.

Benjamin is notably a co-PM of the $3.6-billion, four-star, silver-rated, 23-year-old Neuberger Berman High Income Bond Fund (an open-end mutual fund) and of the $249.9-million, four-star, 11-year-old Neuberger Berman High Yield Strategies Fund (a closed-end mutual fund). Managing directors Russ Covode, Dan Doyle, Tom O'Reilly also co-PM both funds. And managing director Pat Flynn will return to the high yield team in January 2016 as a co-PM. O'Reilly will take over as head of the non-investment grade credit team.

An alumnus of Chatham College, Carnegie Mellon University, AllState Insurance Company, and Westinghouse Credit, Benjamin joined Neuberger with O'Reilly in 1997 after an eight-year stint at Stein Roe. Covode joined Neuberger in 2004, Flynn (who now works in distressed debt) joined in 2006, and Doyle joined in 2012. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use