Copying and distributing are prohibited without permission of the publisher
Neuberger Berman grows high-yield team
14 April 2014
Hires high-yield investment management veteran, Andrew Wilmont
Neuberger Berman has expanded its global high-yield team with
the appointment of Andrew Wilmont.
Wilmont will be lead European high-yield portfolio manager,
based in London. The hiring coincides with the asset
manager’s plans to introduce a European high-yield
fund for non-US investors.
"High yield has matured into a global asset class and
we’re delighted to expand our investment
capabilities and the range of strategies Neuberger Berman
offers to clients with an investor of Andrew’s
calibre," said Ann Benjamin, chief investment officer for
non-investment grade strategies.
Wilmont will report to Benjamin.
Dik van Lomwel, head of Emea and Latin America for Neuberger
Berman, said the firm is committed to building a full suite of
global non-investment grade solutions for investors.
Wilmont was most recently head of European high-yield
investments at Alcentra. Before that he served as head of
European high-yield strategies at AXA Investment Managers.
He was previously a high-yield portfolio manager at Pareto
Partners, and a high-yield credit analyst at New Flag Asset
Management. He began his high-yield investment career in 1997
at Gulf International Bank.