Meanwhile in Nicola Horlick's world, how are relations between the City "superwoman" and Hampshire County Council?
The Hampshire pension fund is the second largest shareholder in Bramdean Alternatives with a 19% stake -- behind Vincent Tchenguiz who has 28%.
Tchenguiz wants to axe the board and liquidate the fund. If Hampshire agree with him, that's probably curtains.
Bramdean also manages £25 million of Hampshire pension fund cash -- a mandate that could be under threat....