Gadd takes up role at NU

Alan Gadd is to take up his role as head of UK retail at Norwich Union Investment Funds (NUIF) on 8 May, writes Ruth Alexander. Gadd, who had been head of savings and investment at HSBC until his departure in February, will look to improve NUIF's profile with discretionary fund buyers. Gadd's role includes heading up sales and marketing as well as developing business strategy for the UK. He said: "It will be necessary for us to set out our stall with the pure fund buyer, the smaller institution, who can bring a lot of valuable business." Gadd said the intermediary channel remained...