Neuberger Berman has announced a new China equity team with expertise in A-shares and H-shares.
Portfolio manager Bin Yu joins the firm with four research analysts from CloudRidge Capital, which he founded, as the team approaches its three-year anniversary.
Yu will run the same value orientated strategy with the team based in Hong Kong and Beijing.
Before CloudRidge, Yu was head of the $10bn global equity team at China Investment Corporation and a senior portfolio manager co-managing three multi-billion portfolios: equity long short, long-only global equity and equity special situations.
Neuberger equities CIO Joseph Amato says the team is excited about expanding their investment capabilities in China, which he describes as a “large and increasingly important equity market”.