Neuberger Berman launches Macro Opportunities FX fund

Led by Ugo Lancioni

James Baxter-Derrington
clock
Ugo Lancioni of Neuberger Berman
Image:

Ugo Lancioni of Neuberger Berman

Neuberger Berman has today (9 December) announced the launch of the Neuberger Berman Macro Opportunities FX fund, which seeks to deliver positive returns through relative value across G10 currencies.

The fund will aim to deliver positive returns of 5-6% in excess of cash per annum before fees, by "exploring relative value" across G10 currencies. It will be led by Ugo Lancioni, Neuberger Berman's head of currency management, who will be supported by a dedicated team of five investment professionals. 'Big Short' investor Eisman's fund to spearhead Neuberger Berman's UK push The strategy is based on an "established process", which has a track record of producing returns with a low correlation to equities, bonds and alternatives, offering resilience in adverse market conditions. ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Bestinvest's bi-annual Spot the Dog finds over £45bn is still in underperforming portfolios

Bestinvest's Spot the Dog finds fewest underperformers in six years

Number of dog funds more than halves

clock 08 August 2022 • 4 min read
The £237m Baillie Gifford British Smaller Companies Fund was rated as not providing value.

Baillie Gifford UK equity strategies suffer low ratings in AoV

One red and four amber funds

clock 08 August 2022 • 2 min read
Royal London group chief executive Barry O'Dwyer

RLAM AUM shrinks 9% in H1 but sustainable funds remain popular

9% decline in AUM

clock 05 August 2022 • 2 min read
Trustpilot