PineBridge Investments has announced the launch of a US dollar-denominated investment grade credit fund for its developed markets investment grade credit team.
The new vehicle, the PineBridge USD Investment Grade Credit fund, will be managed by Robert Vanden Assem, managing director at PineBridge and head of the developed markets investment grade credit team. PineBridge Investments poaches new CEO from SSGA The fund's objective is to provide capital preservation and attractive total returns by focusing on bottom-up research analysis, and in turn selecting underlying credits and sectors that provide portfolio diversification. Vandem Assem said: "We see several factors currently attracting investors to the US dollar investment grade credit ...
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