Conservative Economic Commentary | Topic: Neuberger Berman

Subject: Neuberger Berman

Neuberger Berman Group LLC, through its subsidiaries is an investment management firm that provides financial services for high net worth individuals and institutional investors. The company’s three primary businesses include; wealth management, mutual funds, and institutional asset management.
Neuberger Berman was founded in 1939 and is based in New York City. From 2003 to 2008, Neuberger Berman served as the asset management arm of Lehman Brothers. Following the bankruptcy of Lehman Brothers, Neuberger Berman was sold to its management on December 3, 2008 as part of Lehman Brothers’ liquidation process. The creditors of Lehman Brothers Holdings Inc. retain a 49% common equity interest in the firm.[1] The new entity is called Neuberger Berman Group LLC., and known simply as Neuberger Berman. (Wikipedia Jan 2010)

The inefficient market

Free information has a time cost

By John Schroy, on April 21st, 2009 |

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The Crash of 2008 showed that the Efficient Market Hypothesis was fantasy. Although there is a huge amount of free information about investments available on the Internet, this takes time to extract and understand and time has a cost.

With too much free information, the law of diminishing returns kicks in. Critical information passes unnoticed.

Technologies are now available that allow us to take advantage of free information more effectively.

More » Free information has a time cost