Neuberger Enters Tokenized Fixed Income with Multi-Chain Fund Launch

Asset manager Neuberger has teamed up with Securitize to launch its first tokenized fixed-income fund. The new fund, called the Neuberger Securitize High Income Tokenized Fund (HINC), will invest in high-yield bonds and other debt securities across four blockchains: Ethereum (ETH), Solana (SOL), Avalanche (AVAX), and Sui (SUI).

The launch comes at a time when investors are seeking higher yields due to the current market conditions. According to Saxo chief investment strategist Charu Chanana, 'The previous market regime rewarded investors for assuming that capital would remain cheap and plentiful.' However, with the emerging market regime, capital has a price again.

The new fund is available to qualified investors, and Securitize will provide the infrastructure to issue and manage tokenized shares across the four blockchain networks. Neuberger's fixed-income platform manages more than $230 billion in assets, while the firm itself manages around $613 billion overall.