McKinsey hands over control of controversial in-house asset manager

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Why This Matters

McKinsey has transferred control of its in-house asset manager, MIO, to Neuberger Berman, a New York-based investment firm, marking a shift in the management of the consulting firm's private wealth investments.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

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New York-based Neuberger Berman will manage assets of MIO, which invests private wealth of consulting firm’s partners

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Full article on Financial Times
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Original article published by Financial Times on February 10, 2026.
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