Investment manager Neuberger Berman has announced an addition to its China equity capabilities on-boarding a new team.
Bin Yu brings with him a team of four research analysts, all from CloudRidge Capital, an investment management firm he founded in 2014 Neuberger Berman (NB) said in a media release.
The team will continue to manage their current strategy as a private fund with offerings to expand based on Neuberger Berman clients’ needs. The team is located in Hong Kong and Beijing.
Sovereign Wealth Fund
Yu and his team bring strong local expertise and experience in the China equity markets, both with local listed A-shares and Hong Kong listed H-shares—as well as a track record of outperformance.
Prior to establishing CloudRidge, Yu was head of the $10 billion global equity team and a senior portfolio manager at the Chinese sovereign wealth fund China Investment Corporation.
He was also based in New York with Eagle Capital Management for four years, where he helped manage a $7 billion long-only U.S. equity portfolio for institutional investors.
