New York (HedgCo.net) – Neuberger Berman, one of the world’s leading employee-owned money managers, has introduced the Neuberger Berman Long Short Fund (“the Fund”) (tickers: NLSAX, NLSCX, NLSIX), providing investors with a long-short investment strategy that seeks long-term capital appreciation and principal preservation, and is available with daily liquidity at a minimum investment of $1,000.

The Fund employs a fundamentally driven investment approach with the flexibility to invest long and short. The Fund’s managers may invest in fixed income securities and in equities of both U.S. and non-U.S. companies. The Fund seeks both long-term capital appreciation and principal preservation, and may serve as a complement to traditional equity and fixed income strategies.

The Fund is managed by Charles Kantor, an 18-year investment industry veteran who is a managing director at Neuberger Berman and leads the firm’s Kantor Group, which invests approximately $850 million for individuals and institutions. The Fund’s portfolio management team includes William Muller, CFA, Charles Nguyen, CFA, and Marc Regenbaum, three Kantor Group research analysts with over thirty years of combined industry experience, and is further supported by Neuberger Berman’s global resources, including a global trading desk, a centralized global equity research department, and risk oversight specialists.

While this mutual fund opened to investors on December, 29, 2011, Mr. Kantor and his colleagues have been employing a similar investment strategy since March 2008. From the beginning of this year through April 30, 2012, the Neuberger Berman Long Short Fund A shares class has ranked within the top decile of its multi-alternative fund category, according to fund tracker Morningstar Inc.