Cofunds, the supermarket joint venture between M&G, Jupiter, Gartmore and Threadneedle, has appointed Rodney Aldridge as head of sales.

Aldridge joins from Threadneedle Investment Services, where he was initially director of investment sales for London and the southeast of the UK, dealing with major intermediaries and asset managers. He was recently promoted to manage third party distribution relationships, which included negotiations with financial supermarkets and life offices.