Norwich Union (NU) is looking to sign up a manager of managers (Mom) provider as part of a general m...
Norwich Union (NU) is looking to sign up a manager of managers (Mom) provider as part of a general move into open architecture and wrap accounts. As such, it is keen to compete with offerings from the likes of Abbey for Intermediaries, Skandia, Scottish Widows and Standard Life's Sigma platform. NU has been running beauty parades since January to find a Mom provider but has decided not to use IMS, with which it already has a link. IMS, which manages Mom portfolios for institutional clients, runs Norwich Union International's fund of funds (Fofs). One option is for to NU set up and run Mo...
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