Products February 15, 2011

Neuberger Berman Introduces Large Cap Value Fund

Neuberger Berman is introducing the Neuberger Berman Large Cap Value Funds in A, C and Institutional Classes (ticker symbols pending).
Reported by

The fund, which has been in incubation and will now be available to outside investors, is managed by veteran portfolio manager Eli M. Salzmann, who joined Neuberger Berman from Lord, Abbett & Co. in January.

The fund employs a bottom-up analysis to find undervalued U.S. and multinational companies with market capitalizations exceeding approximately $10 billion. It seeks to outperform the the Russell 1000 Value Index benchmark.
Deals & People February 15, 2011

Trademark Launches Target-Date Collective Trusts

Trademark Capital Management has acquired Athens Capital Group, LLC, as part of a national growth strategy.
Reported by

Trademark is working with Wilshire Associates Incorporated to introduce a series of target-date collective trusts combining Athens’ asset management capabilities with Wilshire’s glide path methodology. Steve Athanassie, Managing Principal of Trademark Capital, noted the new collective trusts were launched on February 1, 2011 through Hand Benefits and Trust, a division of BPAS (see “Hand Benefits Selects Sub-Advisers for Target Date CITs“).  

“We are excited about this acquisition, which enables us to offer a new approach to target-date investing through the launch of our collective trust funds,” said Athanassie. “Trademark’s collective trusts will offer a unique balance of growth and risk management by utilizing Athens Capital’s proprietary blend of quantitative management, fundamental analysis, and downside protection strategy paired with Wilshire’s proven glide path methodology.”

«