PineBridge leads in Taiwan with preferred securities fund

In Taiwan, where the general population is ageing, investor preference for high yield and low volatility has propelled PineBridge Preferred Securities Income Fund to become the largest onshore equity fund by assets under management. Besides the need to invest for retirement, the current low interest-rate environment and the return of volatility have led domestic investors to seek better returns, says Ann Yang, CEO of PineBridge Investments Taiwan. However, higher return assets are…