Neuberger Berman grows intermediary distribution team


Neuberger Berman, a private, independent, employee-owned investment manager, has announced the appointment of Zac Wallis as Relationship Manager, Intermediary Distribution. Based in Sydney, Mr Wallis’ appointment comes at a time as Neuberger Berman further strengthens its commitment to expanding its intermediary presence in Australia. 

Neuberger Berman currently manages approximately US$374 billion for global clients and was recently listed on the Principles of Responsible Investment (PRI) 2020 Leaders Group, earning straight A+ scores in the PRI’s assessment of the firm’s ESG integration efforts.

Mr. Wallis has more than 13 years’ experience in the investment management industry, and joins from Perpetual Investments, where he was a Strategic Account Manager. Before joining Perpetual Investments, Mr. Wallis worked for Bennelong Funds Management, Zurich Investments and Morningstar.

In his role, Mr. Wallis will continue to drive the firm’s growth in the intermediary channel, providing advisers and investors with investment solutions from Neuberger Berman’s suite of products, which encompass every major asset class including equities, fixed income, and private equity.

Matt Thompson, Head of Intermediary Distribution at Neuberger Berman, said, “We are excited to welcome Mr Wallis to our Australian team. Zac’s established experience and wealth of industry knowledge will be of value as we continue to solidify our presence in the Australian intermediary market.”

Commenting on his appointment, Mr Wallis said, “I am delighted to be joining Neuberger Berman whose industry track record and commitment to excellence presented an attractive opportunity for growth. I look forward to joining the team as they continue to grow from strength to strength.”

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