Neuberger Berman adds tax-managed long-short strategy to custom direct investing platform
The firm is enhancing its $6.6 billion platform amid an increasingly fluid tax landscape for high-net-worth individuals and endowments.
Neuberger Berman has introduced a tax-managed long-short equity strategy within its Custom Direct Investing platform, expanding the options available to wealth managers serving high-net-worth clients.
The strategy, which initiated its first client portfolio in May, is designed to enhance pre-tax and after-tax returns by applying a 130 percent long and 30 percent short exposure.
The addition comes…
