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

Managed by Hakan Kaya

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 ...