Neuberger Berman launches next generation space economy fund

Elliot Gulliver-Needham
clock • 1 min read

Neuberger Berman has launched a new space economy fund in Europe, aiming to invest in equities related to space infrastructure. Neuberger Berman Next Generation Space Economy is a UCITS fund that will invest primarily in firms that "are involved in or derive benefit from the next generation space economy". The fund is run by portfolio managers Michael Barr and Hari Ramanan (pictured), who are based in New York and have a three-year track record in the sector. It will have a maximum management fee and TER on the Institutional (I) share class of 0.85% and 1.05% respectively Seraph...

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