The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Neuberger Berman Raids Lipper Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, April 23, 2002

Neuberger Berman Raids Lipper

by: Sean Hanna, Editor in Chief

Things are looker bleaker at Lipper & Company. The hedge fund manager has lost its team of junk bond managers and analysts to Neuberger Berman. The team is lead by Wayne Plewniak and Daniella Lipper Coules who had managed the Lipper High Income Bond Fund.

Plewniak and Coules will become managing directors of Neuberger Berman, but other terms of the deal were not disclosed. Both will start their new jobs in the third quarter. Plewniak will serve as a senior portfolio manager in the Neuberger Berman High Yield Fixed Income Group. Coules will become a portfolio manager in the Neuberger Berman High Yield Fixed Income Group.

Lipper & Co. hit the skids recently and was forced to shutter two of its hedge funds, including the Lipper Convertible fund after suffering steep losses of up to 45 percent. Kenneth Lipper reportedly is not seeking to replace the managers.  

See the list of all the 2002 Most Influential People

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use