$400bn Wealth Manager Neuberger Berman Green-Lights Bitcoin Investments
In brief Neuberger Berman’s Commodity Strategy Fund is worth $164 million. The company says that up to 5% of its Commodities fund can now be invested in Bitcoin futures and ETFs. Neuberger Berman is not the first asset management firm to take an interest in crypto. New York asset management company Neuberger Berman, which controls over $402 billion in private wealth, has earmarked up to 5% of its $164 million Commodity Strategy Fund for investment in Bitcoin products, such as Bitcoin futures and Canadian Bitcoin Exchange-Traded Funds. In a regulatory filing