NewBurger and Securitize Launch Multi-Chain Tokenized Bond Fund

Neuberger Berman, a global asset management firm managing assets worth $61.3 billion, has partnered with the tokenization platform Securitize to launch its first tokenized fixed income fund. The fund, named "HINC (Neuberger Securitize High Income Tokenized Fund)," primarily invests in high-yield bonds and also offers additional exposure to collateralized loan obligations (CLOs) and leveraged loans, employing an active management strategy. This fund features a multi-chain structure, simultaneously issuing tokenized shares across four blockchains: Ethereum (ETH), Solana (SOL), Avalanche (AVAX), and Sui (SUI). Securitize is responsible for the infrastructure, handling the issuance and management of shares on each blockchain network. Newburger is participating in this tokenized fund for the first time as a sub-advisor. The fund is being offered to eligible investors. Newburger's bond platform manages assets exceeding $23 billion, with a total managed portfolio of approximately $61.3 billion. Industry experts observe that, in an environment of rising capital costs, investor demand for high-yield assets is increasing. According to Charu Chanana, Chief Investment Strategist at Saxo Bank..