Global

The UK's National Association of Pension Funds (NAPF) has urged its members to lobby the top 750 companies in a fresh campaign over corporate remuneration.

Global Asset Management (GAM) has picked James Abate to manage its new GAM American Focus Hedge Fund, which will launch on May 24.

HSBC Asset Management has launched its expansion into continental Europe by setting up a new team in Italy.

Chiswell Associates has won a £34m multi asset mandate from the UK's Chartered Accountants Superannuation Scheme.

The UK's £2bn Essex County Council Pension Fund has dropped Schroders Investment Management from a £450m balanced mandate in favour of three specialist managers.

Fidelity Investments in the US has appointed Abigail Johnson as president of Fidelity Management & Research Company (FMR), with effect from June 15, 2001.

Jerrold Mitchell has been named as the $30bn Massachusetts Pensions Reserves Investment Management Board's (PRIM) new chief investment officer.

SLC Asset Management (SLCAM) has appointed Jane Coffey as its new head of European equities.

A management company has become the first company to be fined for non-compliance in Hong Kong's new pension system, the Mandatory Provident Fund.

The UK's Engineering Employers' Federation (EEF) has added its voice to mounting criticism of the Myners' report by accusing the government of having a "hidden agenda" over backing its proposals.