Neuberger Berman unveils new commodities fund as green energy transition creates 'tailwinds'

Managed by Hakan Kaya

clock • 1 min read
Hakan Kaya will manage the new commodities fund
Image:

Hakan Kaya will manage the new commodities fund

Neuberger Berman has launched a UCITS commodities fund managed by New York-based senior portfolio manager Hakan Kaya, who expects demand for commodities to "intensify" as governments try to meet net-zero commitments.

He has managed a diversified commodities strategy since May 2010, having joined Neuberger Berman in 2008, has managed the Neuberger Berman Commodity Strategy in the US since inception. The new Neuberger Berman Commodities fund will seek exposure to a broad range of commodities across various global sectors, such as energy, metals, agriculture and livestock, investing in commodity-related financial derivative instruments to deliver an "attractive level" of total return and capital appreciation to investors. Kaya will be assisted on the fund by five others within the investment team at ...

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 Multi-asset

Mike Preston, partner at Cleary Gottlieb

Private equity in sport: A growing opportunity

Expected to grow to $500bn

Mike Preston
clock 11 August 2022 • 4 min read
European-focused investment grade and high yield credit have highest inflows since April 2020.

Fixed income dominates ETF flows in July

Accounted for $32.5bn

clock 08 August 2022 • 2 min read
David Coombs, head of multi-asset at Rathbones Unit Trust Management

Rathbones' Coombs: Multi-asset funds 'called it right' but unable to combat hardship

Rathbone Multi-Asset Strategic Growth

clock 05 August 2022 • 3 min read
Trustpilot