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Pembroke: Grand master move

John Willcock
Monday 05 September 1994 18:02 EDT
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Dugald Eadie is leaving Edinburgh-based WM Company, the investment performance consultancy formed from the old Wood Mackenzie, and heading south. Mr Eadie is taking over as managing director of Henderson Administration's pension fund management arm in London.

Mr Eadie built a fearsome reputation as one of the first computer wizzes to apply computers to investment analysis.

He says: 'My 50th birthday is approaching and I felt it was time for a change. My ambition is to make Henderson one of the big names alongside Schroders and Mercury.'

He admits this is a tall order but thinks his management philosophy will help. A natural mathematician, when he was at school he hated rugby and football, preferring long-distance running, golf and chess. He reckons businesses should be run not like rugby teams, but like golf or chess, 'where you know what is going on'.

Costa del Doncaster. You have to admit it has a certain ring to it. The council of this South Yorkshire town has decided it is time to shake off its image as a rain-swept northern mining place and spend pounds 65m turning it into a coastal resort.

The fact that it is well inland has not put it off. The idea is to build artificial beaches around a lake, with marinas, a cinema complex and hi-tech industrial space - all under the panoply of a 'sun-belt'.

The town fathers reckon this will attract holidaymakers who normally head south. 'Doncaster has a very warm climate,' one said. Don't forget to pack the sun-cream.

David Barker and Elaine Milner, who jointly head Hoare Govett's sterling debt origination division, are giving a new meaning to professional relationships - they're getting married.

Mr Barker met Ms Milner when he joined Hoare Govett from Credit Lyonnais in 1990, and since then they have been hard at work thinking up new ways of raising debt finance for building societies.

Love bloomed 'a couple of years ago, I suppose,' admitted a blushing Barker. The couple are heading for the African veldt for their honeymoon. 'Who knows? perhaps we'll drum up some mandates from the Botswana Building Society,' Mr Barker said.

Anyone wanting to see a preview of England thrashing Australia at cricket this winter can go along to the Honourable Artillery Company ground this Thursday. The Securities Institute, the trade body for stock market players, is fielding a team against an Australian Brokers XI to win a new shield, the Financial Ashes.

Appropriately enough, Foster's is providing liquid refreshment at pounds 1 per bottle.

Entry is free, but give the institute your name before coming.

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