Neuberger Berman hires M&G property manager

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Neuberger Berman has hired M&G's Gillian Tiltman for its global real estate securities team.

Tiltman, who ran M&G's £130m Global Real Estate Securities fund, announced her departure last week, with the group also putting the fund's future in doubt after launching a review into the product. In her new role Tiltman will be responsible for managing the European portion of Neuberger's $2.3bn property division, reporting into team head Steve Shigekawa. "Gillian's appointment displays our commitment to building a truly global team able to offer comprehensive coverage of the real estate securities markets," Shigekawa said. "We believe our global REIT team can address investors' n...

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