Abington Township Pension Plan Committee Meeting Agenda August 2025
PineBridge Oversees Investment-Grade Credit in Pension Bonds
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Description
Within Abington Township’s multi-manager fixed income fund, PineBridge IG Credit provides a focused investment-grade corporate bond strategy, representing roughly 5% of the bond allocation. This mandate has been in place since 2018.
Contract Details
Vendor
PINEBRIDGE IG CREDIT
Agency
Abington Township Industrial And Commercial Development Authorit, PA
Contract Type
FINANCIAL_SERVICES
Document Date
August 20, 2025
Contract Term
Since June 1, 2018; performance shown through June 30, 2025
Renewal Info
Investment-grade credit sleeve mandate since June 1, 2018; no stated renewal date.
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ONGOINGIssuing Agency
Abington Township Industrial And Commercial Development Authorit
Special District
Jenkintown, PA
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