Anne Arundel Retirement Systems, Annapolis, Md., hired two managers following a rebalancing of the $550 million fund's assets. Hired were Western Asset Management for a $25 million U.S. bond portfolio and LaSalle Partners for a $15 million real estate portfolio. Assets came from cash and a reduction in the domestic equity portfolio of Aeltus Investment Management. Aeltus will continue to manage $110 million. Mercer assisted.