Back in September 2009, AIG entered into an agreement to sell a portion of its investment advisory and asset management business, including AIG Global Investment Corporation (Singapore) Ltd to Bridge Partners, LP, an exempted limited partnership owned by Pacific Century Group, an Asia-based private investment group.
With effect from 26 March 2010, AIG Global Investment Corporation (Singapore) Ltd is now an indirect wholly-owned subsidiary of Bridge Partners, LP.
Accordingly, some of their funds have also been renamed (with effect from 7th April 2010):
- AIG International Funds – Acorns of Asia Balanced Fund to PineBridge International Funds – Acorns of Asia Balanced Fund
- AIG International Funds – Growth Fund to PineBridge International Funds – Growth Fund
- AIG International Funds – Regional Equity Fund to PineBridge International Funds – Regional Equity Fund
- AIG International Funds – Singapore Bond Fund to PineBridge International Funds – Singapore Bond Fund
- AIG International Funds – S$ Money Market Fund to PineBridge International Funds – S$ Money Market Fund