Kenneth G. Fuller was named managing director and portfolio manager at Neuberger Berman, confirmed spokesman Richard Chimberg.
The position is new. Mr. Fuller will help manage more than $2 billion of large-cap value assets for the firm's clients. He will report to Eli Salzmann, managing director and head of the large-cap value team.
Mr. Fuller started at Neuberger Berman last month, Mr. Chimberg said.
Mr. Fuller was a partner and large-cap value portfolio manager at Lord Abbett, where he worked for Mr. Salzmann, who was partner and director of large-cap value equity strategies when he was at Lord Abbett.
A call to Lord Abbett about Mr. Fuller's replacement was not returned by press time.