$400bn Wealth Manager Neuberger Berman Green-Lights Bitcoin Investments📷
The company said that up to 5% of its Commodity Strategy Fund can now be invested in Bitcoin products.
▪️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.