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Neuberger Berman Announces 22 New Hires

Neuberger Berman Logo

Neuberger Berman Group has announced it has hired 22 emerging markets debt (EMD) investment professionals, 19 of whom have joined the firm from ING Investment Management, where they managed over $16bn in EMD assets.

SAC Building New Anti-Insider Trading Firewalls

Brick Wall

Embattled hedge fund giant SAC Capital is moving to strengthen its compliance protocols and adopt stricter policies against insider trading, according to a letter to shareholders from founder Steve Cohen shared with CNBC.