CONTRACTREJECTED

Retirement System Terminates GQG Investment Mandate

City of Sterling Heights logoCity of Sterling Heights
Document date
Aug 21, 2025

The 30-second brief

What it covers

As part of a broader portfolio rebalance, the Board voted to terminate GQG as an investment manager. The action shifts assets toward other managers and strategies.

Who holds it

GQG holds this financial services contract with City of Sterling Heights. 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 21, 2025
Vendor
GQG
Source document
police_and_fire_retirement_system_minutes_august_2.pdf (Minutes)

GQG's other public contracts

More City of Sterling Heights contracts

Questions about this contract

Who was awarded the financial services contract by City of Sterling Heights?

GQG was awarded this financial services contract by City of Sterling Heights, as recorded on August 21, 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 police_and_fire_retirement_system_minutes_august_2.pdf (Minutes), dated August 21, 2025 from City of Sterling Heights. 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.

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What is City of Sterling Heights currently buying?

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