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Neuberger Berman Launches Intrinsic Value Fund
Neuberger Berman has launched the Intrinsic Value Fund (NINLX, NINAX, NINCX), based on the investment strategy of the firm’s Small Cap Intrinsic Value team.
Reported by PLANADVISER Staff
Benjamin H. Nahum, a managing director at Neuberger Berman who has managed the Small Cap Intrinsic Value strategy since inception in 1997, leads the team responsible for investing the new mutual fund. According to the firm, the team’s focus is on stocks of small-cap companies that trade at a significant discount to their “intrinsic value,” or their estimate of the companies’ true long-term economic value.
The team manages approximately $800 million for institutional and individual investors.