From zero to A$4 billion in under five years – PineBridge’s success story in Australia

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Perpetual Corporate Trust

PineBridge is a private, global asset manager with over A$128 billion of assets under management (as of 31 March 2019). The company decided to bring its active fund management expertise to Australia in 2014 to capitalise on the market’s fast-growing asset pool and appetite for active funds management.

Fast forward five years and PineBridge is now approaching A$4 billion (US$2.8 billion as of July 2019) in assets under management in Australia. PineBridge’s Country Head and Managing Director, Clinton Grobler, discusses its Australia launch, growth and future plans with Perpetual Corporate Trust.

This video has been prepared and issued by Perpetual Trust Services Limited ABN 48 000 142 049 AFSL 236648  (Perpetual) the Responsible Entity of the PineBridge Global Dynamic Asset Allocation Fund (GDAAF) ARSN 600 142 578 and PineBridge Senior Floating Rate Income Fund (SFRIF) ARSN 616 715 854 (together “Funds”). The investment manager of the Fund is PineBridge Investments LLC ARBN 139 907 510 (PineBridge). This video contains general information only and any views expressed in this presentation do not constitute a recommendation to act. It is not intended to provide you with financial advice or take into account your objectives, financial situations or needs. You should consider, with a financial adviser, whether the information is suitable for your circumstances. This information does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of the Funds. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information.

Units in GDAAF are issued pursuant to a product disclosure statement (PDS) dated 19 March 2019. Units in SFRIF are issued pursuant to a product disclosure statement (PDS) dated 10 July 2017. References to Funds in this video are for illustrative purposes only, and are not recommendations to invest into the Funds. Before making an investment decision, you should consider the current PDS of the Funds and assess whether the Funds are appropriate given your objectives, financial situation or needs.  If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.

This information is believed to be accurate at the time of compilation and is provided in good faith. Neither Perpetual (nor any company in the Perpetual Group, being Perpetual Limited ABN 86 000 431 827 and its subsidiaries) nor PineBridge guarantees the repayment of capital or any particular rate of return from the Funds. Neither Perpetual (nor any company in the Perpetual Group) nor PineBridge gives any representation or warranty as to the reliability, completeness or accuracy of the information contained in this video. Past performance is not indicative of future performance.


Contacts

Clinton Grobler
Managing Director
PineBridge Investments
Level 13, 470 Collins Street | Melbourne, VIC 3000 | Australia
+613 8644 6811 direct | +61 432 130 525 mobile
clinton.grobler@pinebridge.com
www.pinebridge.com

Team

Karli McRostie - Karli.McRostie@pinebridge.com
Matthew Kearney - Matthew.Kearney@pinebridge.com