Neuberger Berman Expands Fixed Income Capabilities with Appointment of Paul Grainger

London, November 20, 2024 – Neuberger Berman, a private, independent, employee-owned investment manager, has hired Paul Grainger as Managing Director and Senior Portfolio Manager, Fixed Income.

Neuberger Berman, with $509 billion total assets under management, has $232 billion¹ in fixed income assets under management. With more than 195 investment professionals globally, Neuberger Berman’s fixed income platform is characterized by its depth, experience, and collaborative approach to managing client portfolios. The platform is globally integrated and highly collaborative, which we believe allows for investment insights across regions to be reflected in portfolios.

With more than 25 years’ experience, Mr. Grainger joins from Schroders, where he most recently served as Head of Global Fixed Income and Currency.

Ashok Bhatia, Co-Chief Investment Officer, Fixed Income, at Neuberger Berman, comments: “Paul is a highly respected global fixed income portfolio manager and leader. He adds depth and breadth to our growing fixed income platform bringing a proven track record. As we see the global impact of changing interest rates, geopolitical tensions, and economic uncertainties, Paul enhances our understanding and portfolio construction. We remain committed to strengthening our fixed income capabilities, our investment team, and offerings, to deliver greater value and sophisticated solutions to our clients over the long term.”

Paul Grainger adds: “I am excited to join Neuberger Berman’s talented global fixed income team, whose investment approach is collaborative and research driven. I look forward to helping investors capitalise on fixed income opportunities in a dynamic environment, while building on the firm’s continued momentum.”

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $509 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The PRI identified the firm as part of the Leader’s Group, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of September 30, 2024.

About Paul Grainger

Paul Grainger, Managing Director, joined the firm in 2024. Paul is a Senior Portfolio Manager on the Global Fixed Income team. Prior to joining the firm, Paul worked at Schroders, where he most recently served as Head of Global Fixed Income and Currency. Prior to that, he worked at Wellington Management as their first investment professional based in London. He has also held positions at F&C Asset Management and Gartmore, managing various global, European, and UK fixed income portfolios. Paul holds a degree in Economics with European Studies from the University of Exeter and is a CFA Charterholder.

Media Contacts:

Fiona Kehily, +44 (20) 3214 9087, Fiona.Kehily@nb.com