there are 2 big money places called neuberger berman that decided to vote on who should be on their team. they had to do it because a person who wants to be on the team challenged them. they voted and the person named michael m. knetter won. they are happy because they got the result they wanted, and now everyone can stay in their jobs. Read from source...
none noted. The article presents the certified results of the 2024 Annual Meetings of Neuberger Berman Municipal Fund Inc. (NBH) and Neuberger Berman Next Generation Connectivity Fund Inc. (NBXG). The Annual Meetings reached quorum and the incumbent Board members of both funds will remain in place, confirming the re-election of Michael M. Knetter as the holder of preferred stock for NBH. The final voting results have been certified by First Coast Results, Inc., an independent Inspector of Election. The article does not dwell on specific controversies or disagreements, thus no personal story critics apply in this context.
Neuberger Berman Municipal Fund Inc. (NBH) and Neuberger Berman Next Generation Connectivity Fund Inc. (NBXG) announced the final certified voting results of both funds' 2024 Annual Meetings of Stockholders, where a dissident stockholder proposed a nominee. NBH re-elected Michael M. Knetter as the holder of preferred stock. Both funds' Board members will remain in place, and the voting results have been certified by First Coast Results, Inc. Regarding Neuberger Berman, it is an employee-owned private investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $481 billion of equities, fixed income, private equity, real estate, and hedge fund portfolios for global institutions, advisors, and individuals. The company's investment philosophy is founded on active management, fundamental research, and engaged ownership. Risks and uncertainties include a decline in securities markets, a general downturn in the economy, competition from other closed-end investment companies, changes in government policy or regulation, inability to attract or retain key employees, and unforeseen costs related to legal proceedings or investigations.