Los Angeles County Employees' Retirement Association , Pasadena...

Los Angeles County Employees' Retirement Association, Pasadena, Calif., terminated its contract with WR Huff Asset Management, which ran a $312 million high-yield fixed-income portfolio for the $34 billion fund, said Earl W. Buehner, senior staff counsel. Huff had run the portfolio since July 1999. Mr. Buehner would not give the reason for the termination. No further information was available.