New Mexico Public Employees' Retirement Association, Santa Fe, in...

New Mexico Public Employees’ Retirement Association, Santa Fe, in January will issue RFPs for three core-plus, non-dollar fixed-income managers to manage a total of $2 billion. Contracts with three of the $7.7 billion fund’s four fixed-income managers will expire early in 2000, said Robert Gish, executive director. The domestic bond managers whose contracts will expire are: Putnam, which runs a $700 million active intermediate-duration portfolio; Barclays, $900 million, passive long-duration; and Criterion, $400 million, passive long-duration. Interested firms are invited to submit inquiries in writing. Callan Associates is assisting.