NEW YORK and HONG KONG, July 9, 2014 /PRNewswire/ -- Neuberger Berman, one of the world's leading employee-controlled investment managers, today announced the expansion of its global real estate securities group with the appointment of Anton Kwang as a senior portfolio manager for the Asia Pacific region. Mr. Kwang will be based in Hong Kong.
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Neuberger Berman Global Real Estate Securities Group invests primarily in real estate investment trusts (REITs) which can play an important role in creating a well-balanced portfolio as they provide three important benefits: portfolio diversification, stable income, and total return potential. This new hire increases capabilities in the important and growing Asian real estate market.
Mr. Kwang was previously the lead Asia Pacific portfolio manager for Standard Life Investments' global real estate funds. Neuberger Berman manages over $2 billion in real estate securities for institutions and individuals worldwide.
"Anton is a highly skilled investor in the Asia Pacific property markets. He will be an important part of our global real estate securities team and will lead our efforts in the region," said Steve Shigekawa, senior portfolio manager, and head of the Neuberger Berman Global Real Estate Securities Group.
"As a leading global investor, Neuberger Berman is committed to providing clients with investment solutions spanning the asset class spectrum and Anton's hire reflects our plans to expand the firm's real estate offerings worldwide," said Nick Hoar, Head of Asia Pacific.
Before his work at Standard Life Investments, Mr. Kwang served as senior portfolio manager in Asia for Australian fund manager Perennial Investment Partners. Earlier, he was a director and head of regional property research for ABN Amro Bank, and a research/property analyst at NatWest Securities and UBS Warburg. A native of Hong Kong, Mr. Kwang is a graduate of the University of Hong Kong and is fluent in English and Cantonese.
About Neuberger Berman
Neuberger Berman is a 75-year-old private, independent, employee-controlled investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 16 countries, Neuberger Berman's team is approximately 2,000 professionals and the company was named by Pensions & Investments as a 2013 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 $247 billion in client assets as of March 31, 2014. For more information, please visit our website at www.nb.com.
All information is as of March 31, 2014, unless otherwise indicated and is subject to change without notice. Firm data, including employee and assets under management figures, reflects collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC. Firm history dates back to the 1939 founding of Neuberger & Berman (the predecessor to Neuberger Berman LLC).
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Media Contact:
Alex Samuelson, +1-212-476-5392, Alexander.Samuelson@NB.com
Asia, David Bloomfield, 852-3664-8838, David.Bloomfield@NB.com
EMEA, Anji Stewart, 44-20-32-14-90-13, Anji.Stewart@NB.com