Alan Gadd is to head UK retail business at Norwich Union Investment Funds, following his departure from HSBC in February.

Gadd, who was previously head of savings and investment at HSBC in London, replaces Mark Skinner, who left Morley Fund Management in February to join Duffield's New Star Asset Management.

Alan Gadd moves to Norwich Union Investment Funds

Maha Khan

HSBC

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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