Neuberger Berman extends relationship with JP Morgan
June 11, 2019
Editorial credit: / Shutterstock.com

Neuberger Berman has appointed JP Morgan to provide custodial and fund administration services to the asset manager's A$2 billion of Australian unlisted unit trust assets. This new mandate follows JP Morgan's custodial role in the successful launch of the listed $413 million NB Global Corporate Income Trust in 2018. 

Matt Thompson, Head of Intermediary Distribution for Neuberger Berman, commented: "Our recent announcement to offer new units in the NB Global Corporate Income Trust, along with our plans to launch several managed funds, demonstrates our commitment to the Australian marketplace."

"The exceptional support from JP Morgan in the listing of NBI has provided us with the confidence and impetus to expand our partnership," he said.





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Neuberger Berman has appointed JP Morgan to provide custodial and fund administration services to the asset manager's A$2 billion of Australian unlisted unit trust assets. This new mandate follows JP Morgan's custodial role in the successful launch of the listed $413 million NB Global Corporate Income Trust in 2018. 

Matt Thompson, Head of Intermediary Distribution for Neuberger Berman, commented: "Our recent announcement to offer new units in the NB Global Corporate Income Trust, along with our plans to launch several managed funds, demonstrates our commitment to the Australian marketplace."

"The exceptional support from JP Morgan in the listing of NBI has provided us with the confidence and impetus to expand our partnership," he said.



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