Investment managers report mixed first‑quarter returns; small‑cap strategy lags benchmark

May 20, 2026

Stoneridge, Allspring and Boyd Watterson presented performance updates: Stoneridge's small‑cap growth trailed its Russell benchmark in Q1, Allspring and Boyd Watterson reported modest multi‑year returns, and managers discussed relative performance and allocation impacts.

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Multiple investment managers presented first‑quarter and multi‑year performance updates to the Erie County Employees' Retirement Board on May 20.

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