HGK Large-Cap Value Manager Underperformance
Summary
The HGK large-cap value manager has delivered lower returns with higher risk over its tenure, and the board agreed to conduct a formal search — including passive index options — to see if a better fit exists. Results will come back at a future meeting.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 21, 2026.
Impact analysis
HGK's roughly 11-percentage-point underperformance over the past year hurt the fund's long-term averages.
Taxpayers and fund members if a better-performing or cheaper replacement is found.
HGK could lose the account if the search leads to termination.
Mentions & discussions (1)
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