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Neuberger Berman Hires Emerging-Market Debt Group From ING

Neuberger Berman Group LLC, a New York-based asset manager that oversees $216 billion, hired 22 people including 19 from ING Investment Management Co. to build out its emerging-markets debt team.

Neuberger’s emerging-market debt group will be led by Rob Drijkoningen, who will be based in The Hague, and Gorky Urquieta in Atlanta. The group will manage bonds denominated in U.S. dollars and local currencies, corporate bonds and Asian debt strategies, Neuberger said today in an e-mailed statement. The former team at ING Investment Management oversaw $16 billion in emerging-market debt assets.