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Treasury review mandarin Oppenheimer joining Gartmore on secondment to develop distribution

Daniel Oppenheimer, one of the key thinkers behind the Myners and Sandler reviews, has joined fund manager Gartmore on a two-year secondment to help develop its distribution strategy.

Treasury civil servant Oppenheimer joined Gartmore last week and will report to head of distribution Mike Smith for up to the next two years.

Oppenheimer was head of the project teams for the Myners review into institutional investment and the Sandler retail savings review, meaning he was effectively the senior civil servant on both teams. He bel- ongs to the influential productivity team at the Treasury, which is widely seen to be one of the most prominent policymaking bodies within the department.

Gartmore says Oppenheimer&#39s appointment has nothing to do with his belonging to either review team and is not related to the fact that Paul Myners was chairman of Gartmore until November 2001 after 16 years with the company.

Head of UK retail Paul Feeney says: “This move has nothing to do with Sandler or Myners. It is quite good to have someone who is challenging our views on board.”

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