Neuberger Berman, manager of the NB Global Corporate Income Trust (ASX:NBI)
, has released the first half-yearly financial report for the period ending 31 December 2018 showing a strong rebound of 4.7 per cent.
Interest rates, trade conflicts between the US and China, and fears of a global economic slowdown led to a volatile fourth quarter for global capital markets last year.
However they found investors returning to the market given positive company earnings and the US Federal Reserve indicating a pause to interest rate increases.
Neuberger Berman is considering a new capital raise for NBI in the coming months.
They are a private, independent, employee-owned investment manager.
Shares in NB Global Corporate Income Trust (ASX:NBI)
are trading 0.48 per cent lower at $2.06.