Neuberger Berman Australia has won two mandates for its global and emerging markets strategies, Financial Standard reports. The fund management firm has been awarded a $90 million emerging markets equity mandate from HOSTPLUS. IOOF has also allocated $200 million in global equities. In April, the firm had received a $100 million global tactical asset allocation mandate from Colonial First State. Neuberger Berman Australia is a newly licenced unit of U.S. asset manager Neuberger Berman.

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