Global

Schroder Investment Management Nederland NV has appointed Robeco's Pieter van Daalen as its new managing director.

CitiStreet has launched Success 401(k), an internet based defined contribution plan service aimed at small US companies looking to implement their first benefits plan.

Watson Wyatt has promoted Paul Thornton to senior partner with effect from May 1, 2001 following the retirement of Bob Masding.

Amvescap, the Anglo-American fund manager, lost $32.3bn (£22.4bn) in assets in the first quarter of 2001, bringing its total assets under management down to $370.3bn (£257bn).

Fortune Asset Management has appointed Lillian Chew to the newly created position of director of Europe, the Middle East and Asia.

Florida's State Board of Administration is to hire five bond managers for its new defined contribution pension fund, subject to approval from the fund's trustees.

The corporate bond market in the UK is set to overtake the gilt market, according to Scottish Widows Investment Partnership.

Aon Consulting has poached ABN Amro's Chris Erwin as its new principal in the investment practice.

Leslie Robb has been appointed director of institutional clients at Ballie Gifford.

Baring Asset Management (BAM) has appointed WM Company's John Misselbrook as its chief operating officer.