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).

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.