SINGAPORE, 30th January 2023, PineBridge Investments (’PineBridge’), a private, global asset manager focused on active, high-conviction investing has upgraded the Global Emerging Markets Corporate Bond Fund to an Article 9 compliant fund under the European Union’s Sustainable Finance Disclosure Regulation (‘SFDR’) protocol. The Fund will subsequently be named the PineBridge GEM SDG Corporate Bond Fund (‘The Fund’).
The Fund seeks to achieve long-term, capital appreciation through investment in bonds issued primarily by corporate entities and financial institutions located in Emerging Markets (EM). Such securities may be denominated in the local currency of any of the OECD member countries or the local currency of the emerging countries in which the Fund is permitted to invest as per investment guidelines
Sustainable investing is central to the team’s investment process. The Fund will only invest in assets that have been assessed as positive contributors (and that ‘do no harm’) to four United Nations Sustainable Development Goals (‘SDGs’): Decent Work & Economic Growth, Industry Innovation & Infrastructure, Responsible Consumption, and Production & Climate Action.
The Fund will deploy proprietary, forward-looking sustainability scoring aiming to manage sustainability risks, promote a more sustainable investable universe, and capitalize on sustainability driven change. Alongside a rigorous bottom-up approach to credit selection, the team will prioritize engagement with issuers to drive improved sustainability practices.
Managed by Chris Perryman, Portfolio Manager, Head of Trading at PineBridge Investments, the strategy is supported by established portfolio management, research, and trading teams based in London, New York, Santiago, Hong Kong, and Singapore. The team is managed by a senior leadership team that averages 32 years’ experience[1].
Chris Perryman, Portfolio Manager, Head of Trading, Emerging Markets Fixed Income, PineBridge Investments, said: “As capital allocators, we are committed to using our power to not only influence the way the companies we invest in do business, but to raise the bar for such change. Upgrading to Article 9 status reflects the team’s careful considerations of how best to use the strength and depth of our credit market capabilities to enact change.”
“Emerging markets represent approximately 40% of the world’s economy in terms of GDP as well as a majority of both the world’s population and carbon emissions. Focusing on sustainability risks can reduce downside volatility within EM debt markets, while identifying improving sustainability credits can enhance total returns of active emerging market debt portfolios.”
The Fund is a Dublin-domiciled UCITs vehicle, registered for sale in Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Singapore, Sweden, Switzerland, and the United Kingdom.
For more information on PineBridge’s range of solutions, visit www.pinebridge.com
PineBridge Investments is a private, global asset manager focused on active, high-conviction investing. We draw on the collective power of our experts in each discipline, market, and region of the world through an open culture of collaboration designed to identify the best ideas. Our mission is to exceed clients’ expectations on every level, every day. As of 30 September 2022, the firm managed US$133.4 billion across global asset classes for sophisticated investors around the world.
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