Neuberger Berman Group’s International Equity Fund has exceeded USD1bn in assets under management amid investor inflows and investment gains.
Neuberger Berman International Equity Fund is led by veteran portfolio manager Benjamin Segal, head of the firm's global equity team.
As of 30 September 2013, fund tracker Morningstar rates the fund's institutional and investor share classes 5 stars and trust share class 4 stars and awards it a Bronze rating (in the Foreign Large Blend category of 767 funds).
Segal and his team employ a flexible, actively managed all-cap approach seeking quality companies that sell for reasonable prices across styles, market capitalisation, within and also outside the MSCI EAFE Index.
"Our strategy is based on bottom-up stock picking and fundamental analysis, so we are focused on finding companies that can turn challenges into opportunities, as opposed to predicting economic outcomes,'' says Segal. "In our view, stock selection is the key to investing in international markets. Where companies are domiciled is not what really matters; it's about identifying those individual companies that have the greatest risk-reward potential. That's why we focus on companies that we believe have the potential to sustain growth and generate returns, but also trade at discounted valuations."