Neuberger Berman adds lead European high-yield portfolio manager

By Tali Rackner

Norfolk, Va., April 14 - Neuberger Berman Group LLC announced the appointment of Andrew Wilmont as lead European high-yield portfolio manager, according to a press release.

Wilmont, who most recently served as head of European high-yield investments at Alcentra Ltd., will be a senior member of Neuberger Berman's global high-yield team, reporting to Ann Benjamin, the firm's chief investment officer for non-investment grade strategies. He will be based in London.

"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 caliber," Benjamin said in the release.

Before his work at Alcentra, Wilmont served as head of European high-yield strategies at AXA Investment Managers. Earlier, he was a high-yield portfolio manager at Pareto Partners and a high-yield credit analyst at New Flag Asset Management.

Neuberger Berman is a New York-based asset management company.

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