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City of Center Line Awards Financial Services Contract to GQG (August 2025)

City of Center Line logoCity of Center Line
Approved
Aug 12, 2025

The 30-second brief

What it covers

The Retirement Commission approved liquidation of its GQG partners account and reallocation of assets to an index fund, directing Morgan Stanley to perform a manager search by October 2025. The move follows concerns over GQG’s performance and concentration in India.

Who holds it

GQG holds this financial services contract with City of Center Line. Its other public contracts on record include work for MassHousing Retirement Board | Commonwealth of Massachusetts and Sewerage & Water Board of New Orleans.

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Contract details

Contract type
Financial Services
Document date
August 12, 2025
Vendor
GQG
Agency
City of Center Line
Source document
Center Line Police & Fire Retirement Commission Minutes Regular Meeting 2025-08-12 (Minutes)

GQG's other public contracts

MassHousing Retirement Board | Commonwealth of Massachusetts, MassachusettsRetirement Board Discusses GQG Investment Performance · Aug 11, 2026UndisclosedMassHousing Retirement Board | Commonwealth of Massachusetts, MassachusettsRetirement Board to Review GQG Investments · Jul 14, 2026UndisclosedSewerage & Water Board of New Orleans, LouisianaGQG Selected as New Pension Investment Manager · Apr 22, 2026UndisclosedSewerage & Water Board of New Orleans, LouisianaGQG Chosen for $4M Emerging Markets Mandate · Apr 8, 2026$4MSewerage & Water Board of New Orleans, LouisianaGQG Identified as Pending Investment Manager · Apr 8, 2026UndisclosedAll GQG contractsVendor profile

More City of Center Line contracts

Morgan StanleyRetirement Commission Receives Morgan Stanley Market Presentation · Oct 13, 2026UndisclosedGraystone ConsultingRetirement Commission Receives Graystone Investment Update · Oct 13, 2026UndisclosedCOAMCenter Line Considers COAM Attorney Fee Agreement · Oct 4, 2026UndisclosedGreat Lakes Water AuthorityCenter Line Considers Great Lakes Water Contract Amendment · Oct 4, 2026UndisclosedQuadrate Construction LLCCenter Line Considers Quadrate Construction Fence Contract · Sep 14, 2026UndisclosedAll City of Center Line activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Center Line?

GQG was awarded this financial services contract by City of Center Line, as recorded on August 12, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Center Line Police & Fire Retirement Commission Minutes Regular Meeting 2025-08-12 (Minutes), dated August 12, 2025 from City of Center Line. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does GQG hold?

GQG may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

Show 1 more question

What is City of Center Line currently buying?

Explore City of Center Line's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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