Neuberger launches Asian debt fund

The vehicle will focus on US dollar-denominated fixed income debt investments, including government and corporate bonds.

Neuberger Berman, the US-headquartered investment manager, has launched an Asian fixed-income UCITS fund. The Asian Debt Hard Currency Fund will invest in government securities as well as corporate bonds and include a broad range of credits from investment grade to high yield, the firm said. 

Prashant Singh (pictured), senior portfolio manager (Asia) within Neuberger Berman’s emerging market debt team and co-manager of the new fund, said Asia has the deepest and most liquid capital markets in the emerging world.

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