Gartmore hires head for UK retail

Gartmore has appointed Richard Pursglove from Cazenove Capital Management as head of UK retail. He will report to Phil Wagstaff, global head of distribution, who joined Gartmore from New Star last October. At Cazenove Pursglove was sales director for six years. He is due to join Gartmore in late March. Meanwhile, Gartmore is in discussion with Rodney Aldridge, currently responsible for the UK sales team, about other roles within the company.