PineBridge Investments has launched a fund investing in US dollar-denominated high yield debt securities, which seeks to maximise total return consisting of current income and capital appreciation.
The PineBridge USD High Yield Bond fund will be managed by the PineBridge high yield investment team, led by head of high yield portfolio management John Yovanovic and portfolio manager Jeremy Burton. PineBridge set to acquire private equity real estate fund house As a UCITS fund, it will sit within the PineBridge Global Funds umbrella, and will be authorised and regulated by the Central Bank of Ireland. PineBridge declined to provide information on the fund's fee structure. The management team will employ a high-conviction investment approach, combining top-down proprietary inves...
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