The $1.4 trillion asset manager expects to complete the process of flipping two mutual funds with roughly $250 million of assets into ETFs by the third or fourth quarter of next year.
Unlike sector-focused ETFs, thematic ETFs can provide a more targeted approach to long-term investment trends such as blockchain, electric vehicles and infrastructure development.
If launched, the Neuberger Berman Carbon Transition Infrastructure ETF, the Neuberger Berman Disrupters ETF and the Neuberger Berman Next Generation Connected Consumer ETF would be the firm’s debut products.