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