CLARIFICATION: State Retirement and Pension System of Maryland...

CLARIFICATION: State Retirement and Pension System of Maryland, Baltimore, plans to permanently shift most of $1.8 billion in active international equities to a an existing State Street Global Advisors EAFE index fund, said Joseph Coale, spokesman. The $30.1 billion system will fund the transfer by terminating Bank of Ireland Asset Management; the system will search for a manager to run active international equities, but not with the full $1.8 billion as reported in the Nov. 18 P&I Daily.