Neuberger Berman hires Schroder's Paul Grainger for top fixed income role

Neuberger Berman, a private, independent, employee-owned investment manager, has hired Paul Grainger as managing director and senior portfolio manager, fixed income.

The private, independent, employee-owned investment manager with $509bn total assets under management, has $232bn in fixed income assets under management.

With more than 195 investment professionals globally, Neuberger Berman’s fixed income platform is characterised by its depth, experience, and collaborative approach to managing client portfolios.

The platform is globally integrated and highly collaborative, which we believe allows for investment insights across regions to be reflected in portfolios.

With more than 25 years’ experience, Grainger joins from Schroders, where he most recently served as head of global fixed income and currency.

Prior to working at Schroders he worked at Wellington Management as their first investment professional based in London. He has also held positions at F&C Asset Management and Gartmore, managing various global, European, and UK fixed income portfolios.

Ashok Bhatia, co-chief investment officer, fixed income, at Neuberger Berman, said: “Paul is a highly respected global fixed income portfolio manager and leader. He adds depth and breadth to our growing fixed income platform bringing a proven track record.

"As we see the global impact of changing interest rates, geopolitical tensions, and economic uncertainties, Paul enhances our understanding and portfolio construction. We remain committed to strengthening our fixed income capabilities, our investment team, and offerings, to deliver greater value and sophisticated solutions to our clients over the long term.”

Grainger added: “I am excited to join Neuberger Berman’s talented global fixed income team, whose investment approach is collaborative and research driven. I look forward to helping investors capitalise on fixed income opportunities in a dynamic environment, while building on the firm’s continued momentum.”