the Asset Management Association of China is launching a fixed-income private fund for high-net worth and institutional investors in China. The move comes with investment in the country's private fund industry gathering pace, according to figures from Neuberger Berman Investment Management. Neuberger Berman's fund follows the launch of two bond funds from Fidelity last year, also dedicated to China's private investors. Neuberger Berman says it's looking to add further strategies, such as equities and multi-asset products, to its private fund lineup this year.
Neuberger Berman Investment Management is launching a fixed-income private fund for high-net worth and institutional investors in China. The move comes with investment in the country's private fund industry gathering pace, according to figures from the Asset Management Association of China. Neuberger Berman's fund follows the launch of two bond funds from Fidelity last year, also dedicated to China's private investors. Neuberger Berman says it's looking to add further strategies, such as equities and multi-asset products, to its private fund lineup this year.