Sterling Heights (Mich.) General Employees’ Retirement System hired Armstrong Shaw to manage $10 million in active large-cap domestic value equities. The $83 million plan terminated the previous manager, Loomis Sayles, for performance-related reasons, said Rick Sanborn, treasurer. A Loomis spokeswoman declined to comment on the termination.
Sterling Heights (Mich.) General Employees' Retirement System hired...
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