NU to launch focused fund range

Norwich Union is to roll out a range of aggressively managed 30 stock portfolios from November, starting with a European portfolio, writes Kira Nickerson and David Griffiths. The group is market testing the idea with a number of key intermediaries at the moment and will look to offer more than one of the portfolios in November but it is unlikely to launch the entire range at that time. Jeff Currington is the leading contender to run the European aggressive fund, as he already has experience managing focused portfolios for institutional mandates the group runs. However, European fund man...