Neuberger Berman Hires EMD Professionals

Investment management firm Neuberger Berman Group LLC, announced the hiring of 22 emerging markets debt (EMD) investment professionals.

The investment staff of 12 portfolio managers, six credit analysts and four economists and strategists will operate from offices in the United States, Europe and Asia, providing regional expertise and around-the-clock market coverage. Nineteen of these new hires previously worked at ING Investment Management, where they managed more than $16 billion in EMD assets.

Neuberger Berman’s emerging markets debt platform will be led by Rob Drijkoningen, based in The Hague, and Gorky Urquieta, based in Atlanta, with 23 and 19 years of industry experience, respectively. Among others joining the firm are five lead portfolio managers: Bart van der Made (The Hague), hard currency; Raoul Luttik (The Hague), local currency; Jennifer Gorgoll (Atlanta) and Nish Popat (The Hague), corporate bonds; and Prashant Singh (Singapore), Asia local bond portfolios. The portfolio managers have an average of 16 years of industry experience.

“These experienced portfolio managers have a long and successful history of delivering performance for clients,” said George Walker, CEO of Neuberger Berman. “We are excited that world-class investment professionals continue to choose Neuberger Berman and we look forward to partnering with clients in emerging markets debt.”

The emerging markets debt total market size is estimated by Neuberger Berman to be $11 trillion, with $3 trillion as investable bonds.