
Baillie Gifford brings tokenised fixed income fund to Singapore
Baillie Gifford has expanded its tokenized short-duration bond strategy, the Baillie Gifford Enhanced Yield fund (BAGEY), to accredited investors in Singapore. The fund targets a yield of approximately 7% with an average duration of two years and a BBB credit quality rating. Initially launched in Hong Kong this past July, the fund utilizes public blockchain infrastructure to provide native onchain access to actively managed fixed income. The strategy is currently deployed on Ethereum, with plans to integrate Solana in the future to enhance interoperability. By leveraging blockchain, the firm aims to improve settlement speeds and transparency for professional investors. This move signals a broader institutional shift toward moving actively managed strategies onto digital ledgers beyond simple money-market funds. The expansion highlights Singapore's growing role as a hub for sophisticated, onchain-native investment products.


