New Mexico Public Employees Retirement Association, Santa Fe, split its $2.1 billion fixed-income allocation into six different styles: core; core plus; high yield; U.S. government; short-term investments; and Lehman Brothers Government & Credit index. Specific portfolio sizes have not been determined. The $8.4 billion system is searching for several fixed-income managers to run the portfolios, said Robert Gish, CIO. Current managers are Barclays Global Investors, $800 million in a Lehman Brothers Government & Credit index fund; Fiduciary Trust, $800 million in limited core plus; and Reams Asset Management, $500 million in limited core plus. All three can rebid.