Neuberger Berman, a private and independent investment manager, has launched a UCITS which focuses on the benefits brought on by the increased use of electric cars. The company has called it the Neuberger Berman Next Generation Mobility Fund, with the aim of disrupting the $4.2trn global transportation industry. The fund will have three managers, Saurin Shah, Yan Taw Boon and Michael Barr. They will be managing a portfolio of 40-60 stocks of companies who specialise in of autonomous, electric and connected vehicles. It has been registered for sale in the UK and Europe and is in the process of being registered in Switzerlan...