San Antonio Fire and Police Pension Fund terminated Fortis Investments for the performance of a $60 million active domestic large-cap core equity portfolio, said Warren Schott, executive director. The firm had been on the $1.5 billion plan's watchlist for a year, Mr. Schott said. The money will be moved to an internally managed S&P Depository Receipt portfolio, and plan officials are conducting a shortlist search for a transition manager to shift those assets, he said. They expect to select a firm by the end of the week. Plan trustees have not decided whether to seek a new large-cap core manager, he said. Consulting Services Group is assisting. Liz Kennedy, Fortis spokeswoman with outside PR firm Kennedy Media Relations, declined comment.