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Former AXA high yield head joins Neuberger Berman

Former AXA high yield head joins Neuberger Berman

Neuberger Berman has has hired Axa's former head of European high yield, as the firm prepares to launch a European high yield fund for non-US investors.

Andrew Wilmont will join the company as lead European high yield portfolio manager prior to the launch, which will be on Neuberger Berman's Dublin-domiciled Ucits range.

He will report to Ann Benjamin, the firm’s chief investment officer for non-investment grade strategies.

'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,' Benjamin said. 

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