View more on these topics

Gartmore chief Aldridge quits firm

Gartmore head of retail distribution Rod Aldridge has left after four years with the firm.

Aldridge joined in 2004 from Cofunds and alongside head of distribution Paul Feeney was instrumental in the group’s management buyout with Hellman & Friedman in 2006.

But the appointment of Cazenove’s Richard Pursglove as head of UK retail in January left Aldridge looking for an alternative role within the company. Pursglove officially started on Tuesday.

Feeney was placed in a similar position when Phil Wagstaff joined the firm from New Star last September as global head of distribution. He left last November.

Wagstaff says: “Rod made a significant contribution to the development of Gartmore, especially when we moved into private ownership through the MBO. We wish him well in his future career.”


Board changes at Home of Choice

Home of Choice chief executive officer Richard Coulson is to become the network’s executive deputy chairman following a series of board changes announced today. Managing director Gerry O’Brien will take over as chief executive. Chairman Keith Baldwin says Coulson will remain operationally involved in the business taking responsibility for strategy, policy and acquisitions, saying he […]

Cash reserve facility most used fund, says Cofunds

Cofunds says fund switches are running at higher levels this year as market volatility continues to unsettle investors.Marketing and proposition director Alastair Conway says: “Clearly market volatility is unsettling investors. We are still in substantial net sales on every tax wrap, but volumes are, unsurprisingly, somewhat down on 2007 – except for Sipps.Conway says Cofunds’ […]

DDQ gets dynamic on commodities

Structured product provider Dawnay Day Quantum has introduced protected commodities dynamo, a capital-protected bond linked to a basket of eight commodities.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm