Neuberger Berman raids BNP Paribas fixed income talent

Eyes new fund and strategy launches

Mike Sheen
clock • 1 min read

Neuberger Berman has expanded its European fixed income capabilities with the hire of five portfolio managers and one quantitative analyst from BNP Paribas, as the firm plans to roll out new funds and strategies.

Led by former BNP Paribas CIO of euro sovereign and aggregate fixed income, and 30-year investment veteran, Patrick Barbe, the Paris-based team will be responsible for the management of around €49bn (£43.8bn) in AUM. Neuberger Berman launches CLO income fund Barbe is joined by portfolio managers Yanick Loirat, Vito Cavaliere, Antonio Serpico, and Sergejs Prala, and quantitative analyst Leang You Tran.  CIO of fixed income Brad Tank said Barbe and his colleagues are "recognised leaders in European fixed income investing" and their addition "enhances and strengthens our integrated, g...

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