Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

Finance & Markets

Neuberger teams with Securitize on multi-chain tokenized fixed-income fund launch

The $613 billion asset manager will subadvise a high-yield fund tokenized across Ethereum, Solana, Avalanche and Sui.

Neuberger teams with Securitize on multi-chain tokenized fixed-income fund launch

The $613 billion asset management firm Neuberger has partnered with Securitize to launch its first tokenized fixed-income fund, the Neuberger Securitize High Income Tokenized Fund (HINC). This innovative fund will be subadvised by Neuberger and will offer high-yield exposure across Ethereum, Solana, Avalanche, and Sui blockchains.

The HINC will primarily invest in high-yield bonds, with additional exposure to collateralized loan obligations and leveraged loans. As investors demand higher yields due to tighter capital conditions, the launch of the tokenized fund aligns with market shifts. Securitize's infrastructure will manage the issuance and management of tokenized shares across the four blockchain networks.

Neuberger, known for managing over $230 billion in fixed income assets, will serve as subadvisor to the tokenized fund for the first time. The new fund is available to qualified investors, and its launch comes as a response to the evolving investment landscape.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at cointelegraph.com →

More in Finance & Markets

Dow Analyst Moves: MMM

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, MMM is the #16 analyst pick.

More from Tuesday 18 August →