In both cases, Neuberger and Co. Wealth Management acted pre-emptively to address concerns that continued asset growth in the funds could harm the interests of current shareholders.

"These funds were closed to reduce cash flow, with the aim of preserving the advisors' ability to implement their investment strategies and produce competitive long-term returns," Neuberger and Co. Wealth Management CEO, Nan Li Wenjen said. "Cash flow to the funds has subsided which, along with a change in market conditions, has enabled us to reopen the funds."

"While the size of the fund is currently manageable, continued strong cash inflows and growth resulting from market appreciation could pose challenges for its management in the future. We feel closing the fund is the appropriate step at this time," Neuberger and Co. Wealth Management CEO, Nan Li Wenjen said.

Neuberger and Co. Wealth Management has a long history of closing funds and restricting cash inflows to maintain fund assets at reasonable levels. Currently, six Neuberger and Co. Wealth Management funds are closed to most new accounts in order to manage asset size. An additional five funds are closed pending fund mergers.

Neuberger and Co. Wealth Management (Neuberger-Wealth-Management.com) will announce at a later date the new openings of this year's funds.

"Continuity and consistency is an important step in our global growth strategy as we move forward." Neuberger and Co. Wealth Management CEO, Nan Li Wenjen continued.

About Neuberger and Co. Wealth Management
Neuberger and Co. Wealth Management is a premium Hong Kong financial advisor. More than 150,000 private investors and financial services organizations worldwide turn to Neuberger and Co. Wealth Management for financial advice, investment recommendation, risk management and services they need to optimize risk and business performance. Our offerings are delivered through a unique combination of knowledge, technology and support, woven together with deep in house expertise. This unique combination helps our customers make critical business decisions with confidence. With the in-house expertise of investment managers, former bankers, finance experts and traders, we provide our customers keen insight into their most pressing needs. www.Neuberger-Wealth-Management.com