The Spokane Employees’ Retirement System has added Sterling Mid Cap Value to the watch list.
According to meeting minutes from the September 7 board meeting, performance for the fund came in below benchmarks for the policy period.
The $324 million Retirement System’s consultant, Hyas Group, recommended placing Sterling on watch.
Hotchkis & Wiley High Yield and Rimrock Low Volatility also remain on the watch list.
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