Chicago Municipal Employees' Annuity & Benefit Fund removed international value equity manager LSV Asset Management from its watchlist because of improved performance, said Jim Mohler, chief investment officer of the $4.9 billion fund.
Mr. Mohler said LSV runs about $9.2 million for the system. The company was put on watch in May 2009.
“Performance had improved considerably,” Mr. Mohler said in a telephone interview.
