PineBridge Investments is a group of international companies that provide investment advice and markets asset management products and services to clients around the world.  PineBridge Investments is a registered trademark proprietary to PineBridge Investments IP Holding Company Limited.

Readership:  This website is intended for institutional investors only.

Opinions:  Any opinions expressed in this website may be subject to change without notice. We are not soliciting or recommending any action based on this material.

Risk Warning:  Past performance is not indicative of future results.  Our investment management services relate to a variety of investments, each of which can fluctuate in value.  The value of portfolios we manage may fall as well as rise, and the investor may not get back the full amount originally invested.  The investment risks vary between different types of instruments.  For example, for investments involving exposure to a currency other than that in which the portfolio is denominated, changes in the rate of exchange may cause the value of investments, and consequently the value of the portfolio, to go up or down.  In the case of a higher volatility portfolio the loss on realization or cancellation may be very high (including total loss of investment), as the value of such an investment may fall suddenly and substantially. In making an investment decision, prospective investors must rely on their own examination of the merits and risks involved.

Unless otherwise noted, all information contained herein is sourced from PineBridge Investments internal data. The content included herein has been shared with various in-house departments within the member companies of PineBridge Investments, in the ordinary course of completion.  All PineBridge Investments member companies comply with the confidentiality requirements of their respective jurisdictions. Parts of this presentation may be based on information received from sources we consider reliable.  We do not represent that all of this information is accurate or complete, however, and it may not be relied upon as such.

PineBridge Investments Europe Limited is authorised and regulated by the Financial Conduct Authority ("FCA") In the UK this communication is a financial promotion solely intended for professional clients as defined in the FCA Handbook.  Should you like to request a different classification, please contact your PineBridge representative.

PineBridge Investments Ireland Limited is authorised and regulated by the Central Bank of Ireland.

In Australia, this website is intended for a limited number of wholesale clients as such term is defined in chapter 7 of the Corporations Act 2001 (CTH). The entity reviewing this website represents that if it is in Australia, it is a wholesale client and it will not re-distribute the content of this website to any other person whether in or outside of Australia.

In Hong Kong, PineBridge Investments Asia Limited is licensed and regulated by the Securities and Futures Commission (“SFC”). This website has not been reviewed by the SFC and may contain information of funds not authorized by the SFC. This website is not intended for or targeted at Hong Kong investors. PineBridge Investments Asia Limited holds a Representative Office license issued by the Central Bank of UAE and conducts its activities in the UAE under the trade name PineBridge Investments Asia Limited – Abu Dhabi. This website has not been reviewed by the Central Bank of UAE. In UAE this website is issued by PineBridge Investments Asia Limited – Abu Dhabi Representative Office.

PineBridge Investments Singapore Limited is licensed and regulated by the Monetary Authority of Singapore (the ”MAS”).  In Singapore, this material may not be suitable to a retail investor and is not reviewed or endorsed by the MAS.

PineBridge Investments Middle East B.S.C.(c) is regulated by the Central Bank of Bahrain as a Category 1 investment firm. The Central Bank of Bahrain takes no responsibility for the accuracy of the statements and information contained in this website or the performance of the financial products and services, nor shall it have any liability to any person, an investor or otherwise, for any loss or damage resulting from reliance on any statement or information contained therein.