PineBridge Investments News

Bond Market Data

African local bonds - an untapped opportunity?

African dollar bonds are increasingly gaining mainstream acceptance as the continent’s brisk economic growth and low interest rates in the developed world help buoy demand for high-yielding debt.

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud

Kingdom Holding Company and PineBridge Investments Middle East Establish a Joint Venture in Africa

Kingdom Holding Company (KHC), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, and PineBridge Investments Middle East (“PBME”) a global multi-asset-class manager have signed a memorandum of understanding (“MOU”) on 30 June 2014 to establish a joint venture platform (“JV”) to invest in direct private equity opportunities in Africa.