Neuberger Berman to Take on Technology
Neuberger Berman is jumping on the tech-fund train to round out its offerings and retain investors.
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Mentioned: Neuberger Berman Mid Cap Growth Inv (NMANX)
, Neuberger Berman Small Cap Growth Inv (NBMIX)
Neuberger Berman Management thinks it has proven it can run growth funds, so now it plans to roll out a fund focused on the ultimate growth category: technology.
Perhaps as early as May 1, the family of 16 mutual funds will open a technology growth fund, joining dozens of other investment companies that have introduced similar offerings in the last several months.
Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.