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The Independent Online
The appointment of a new investment manager at Henderson Administration marks the first moves by Dugald Eadie, the recently appointed chief executive, to turn around the ailing, publicly quoted fund management group. For five years Henderson' has been losing clients at the rate of five a year, and the amount of money under management has remained about static while the market has nearly doubled.

Mr Eadie made his name founding the WM Company, an investment-tracking firm worth £60m and now owned by Bankers Trust. Appointed chief executive of Henderson by Colin Day in November 1994, he faces an awesome task in keeping clients and funds. "It is a vicious circle of falling morale, damaged reputations and disappearing business," he said.

The key man called in to help in the pension fund team, which represents £4bn of the £11bn under management, is a former CU Morley fund manager. Appropriately enough, his name is Bond, James Bond.

Touche Ross has appointed a new partner in charge of corporate finance. Like all the big eight accountants, Touche Ross is trying to muscle into this lucrative advisory area. Lack of underwriting and equity retail resources has repeatedly limited the number-crunchers' success - the departure of big-hitting partners Chris Calloway and Graham Cole from Coopers & Lybrand to Beeson Gregory, the stockbrokers, recently underlined the point. Touche Ross's corporate finance section has struggled more than most - its success in winning reporting roles with floating companies has not matched its competitors'. It will be up to Ian Jamieson, who became a partner in April 1989 and is still only 36, to turn around the division's fortunes.

Since the fall of the Berlin Wall, there hardly seemed a use for Britain's network of bomb-proof regional government headquarters. But demand comes from unusual sources, says Mowlem Facilities Management, which is disposing of the sites. Mushroom farmers are persistent enquirers, although nightclub owners and wine buffs looking for cellars have also shown an interest. Only one 23,000 sq ft bunker, buried 90 feet below North Yorkshire, remains. "It has a very pleasant rural location," said Stephen Jewell, the emergency planning officer at the Home Office who clearly doubles as an estate agent in his spare time.

In the face of an unprecedented assault on Body Shop's green credentials and an embarrassing lack of shopper recognition in America, Anita Roddick finally appointed a public relations firm, New York's Chiat Day, in October last year. Since then, the company's punchy Benneton-style slogans have become increasingly dramatic, although one has caused upset in Brighton, the town near Body Shop's Littlehampton headquarters. "Know your arse from your elbow," is the banner inscribed in 3'6" letters on a delivery van carrying ethical beauty products to the stores. "I do not want my child reading things like that," complained one passer-by to the local paper. "We thought the comment reflected our no-nonsense view of beauty," a spokesperson said.

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