HONG KONG, March 31, 2015 /PRNewswire/ -- Neuberger Berman, one of the world's leading private, employee-owned investment managers, is pleased to announce the Neuberger Berman China Equity Fund's USD A Accumulating share class has been chosen as the winner in the Greater China Equity Fund category at the recent Morningstar Hong Kong Fund Awards 2015.
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According to Morningstar Investment Management Asia, Ltd., a subsidiary of independent investment research provider Morningstar, Inc., "the Morningstar Hong Kong Fund Awards recognize retail funds and fund houses that added the most value for investors within the context of their relevant peer group in 2014 and over the longer term. Winners are selected using a quantitative methodology with a qualitative overlay developed by Morningstar that considers the one-, three-, and five-year performance history of all eligible funds. Morningstar adjusts the returns for risk using Morningstar Risk, a measure that imposes a higher penalty for downside variation in a fund's return than it does for upside volatility."
The Morningstar Hong Kong Fund Awards are based on Morningstar fund data as at 31 December 2014.
"We're honored and delighted to receive this recognition in the highly competitive Greater China Equity Fund category from Morningstar, one of the global asset management industry's leading investment research providers," said Frank Yao, senior portfolio manager of the Greater China Investment Team and a managing director of the firm.
The Neuberger Berman China Equity Fund invests primarily in equity securities of issuers based in mainland China, Hong Kong and Taiwan. The Fund is managed by a proven team of 13 portfolio managers, research analysts and traders, based in Hong Kong and Shanghai, and with an average of 13 years of experience investing in Greater China equity markets. Led by portfolio managers Frank Yao and Lihui Tang, the Fund seeks to achieve an attractive total return by investing in typically 30-50 large- and mid-cap equity securities primarily in the Greater China region.
As of February 28, 2015, the Neuberger Berman China Equity Fund's USD A Accumulating share class is rated an overall ranking of 5 stars by Morningstar Investment Management Asia, Ltd., the fund tracker's highest rating.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 18 countries, Neuberger Berman's team is more than 2,100 professionals and the company was named by Pensions & Investments as a 2013 and 2014 Best Place to Work in Money Management. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $250 billion in client assets as of December 31, 2014. For more information, please visit our website at www.nb.com.
The award is for reference only and they are not indicative of future performance.
This document is for information only and it is not an offer or solicitation for the purchase or sale of the Fund. Nothing contained herein constitutes investment advice and does not have regard to investor's specific investment objectives, financial situation or particular needs. Investor should read this document in conjunction with the Singapore Prospectus and the Product Highlights Sheet ("PHS") or seek relevant professional advice, before making any investment decision. The Prospectus and the PHS can be obtained from our website www.nb.com or any of its approved distributors.
This document is issued by Neuberger Berman Singapore Pte. Limited and has not been reviewed by the Monetary Authority of Singapore ("MAS"). The Fund is a sub fund of Neuberger Berman Investment Funds PLC ("NBIF"), an investment company with variable capital constituted as an umbrella fund with segregated liability between sub-funds under the laws of Ireland and authorised by the Central Bank of Ireland pursuant to the European Communities (Undertaking for Collective Investment in Transferable Securities) Regulations 2011, has been registered as a recognized scheme under the Securities and Future Act (Cap 289) in Singapore. Such recognition is not a recommendation or endorsement of its suitability for any particular investor or class of investors. NBIF has appointed Neuberger Berman Singapore Pte. Limited as its Singapore representative and agent for service of process. Investment involves risk and investor may lose the entire investment. The value of investment and the income from them can fluctuate and is not guaranteed. Past performance is not indicative of future performance. All charts, data, opinions, estimates and other information are provided as of the date of this document may be subject to change without notice.
© 2015 Morningstar. All Rights Reserved. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and Morningstar's third party licensors; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use.
© 2015 Neuberger Berman Singapore Pte. Limited. All rights reserved.
Media Contact:
Alex Samuelson, +1-212-476-5392, Alexander.Samuelson@NB.com
Elina Choy in Hong Kong at +852-3664-8835, Elina.Choy@nb.com
