PineBridge Investments has launched the PineBridge Asian High Yield Total Return Bond Fund.

The fund will invest in short- and medium-term non-investment-grade bond with an average rating of BB-/BB, issued by entities based in the Asia-Pacific region.

The fund is managed by Arthur Lau, co-head of emerging markets fixed income and head of Asia ex-Japan fixed income, backed by a team that manages more than US$16 billion in fixed income assets across Asia ex-Japan.

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