Maryland State Retirement and Pension System, Baltimore, terminated...

Maryland State Retirement and Pension System, Baltimore, terminated Credit Suisse Asset Management, which ran $833 million in active international equities, and GEM Capital Management, which handled $240 million in convertible bonds, said Joe Coale, spokesman. The $26 billion pension fund shifted the money to internally managed Treasuries, he said. System officials wanted to bring the plan’s fixed-income allocation closer to its 35% target; fixed income was at 30% and now is at 34%.