May 1, 2002 — Neuberger Berman (NEU) has introduced a mutual fund that invests in real estate-related securities.
The Neuberger Berman Real Estate fund invests primarily in real estate investment trusts and stocks and other securities of companies involved in real estate. It can hold up to 20% of its assets in debt securities.
Apr. 29, 2002 — BlackRock Inc. has added a small-cap growth management team in its Boston office. Led by Neil Wagner, formerly a vice president at MFS Investment Management, the team will include several research analysts, including Andrew Thut, who is also joining from MFS.