The latest in the launches, innovations and upgrades in investments for the Asia-Pacific region.

PineBridge Investments
PineBridge Investments, the asset manager, has launched a retail share class for its existing PineBridge Asia Pacific Investment Grade Bond Fund. 

The new retail share class is denominated in Singapore dollars. The new share class shares the same portfolio with the institutional share class of the US dollar-denominated Asia Pacific Investment Grade Bond Fund. 

The fund invests in short- and medium- to long-term debt securities issued or guaranteed by entities based within the Asia-Pacific region.

“With the ongoing global growth challenges as well as market uncertainty, investors are increasingly turning towards high-quality bond funds to help insulate them from ongoing volatility,” Ana Dhoraisingam, head of institutional and wealth management sales, Southeast Asia and CEO of Singapore at PineBridge Investments, said. 

(Editor’s comment: That investors want safety and secure returns at the present time and in the near future cannot be doubted. What might strike advisors is that the retail share class is being launched now. Perhaps hindsight is a dangerous thing but maybe the time to launch such offerings is before turbulence hits, because buying bonds at the moment is expensive.)