The new adventure of Superwoman hits the City
Tuesday 27 January 1998
Sporting a new haircut - "I was getting stopped in the street", she said - Nicola Horlick finds it difficult to understand why she generates so much media attention.
"I'm just a perfectly ordinary person trying to get on with my job," she said yesterday at the launch of SocGen Asset Management, her new UK fund management business. But perfectly ordinary people do not write books dispensing advice on success "in a man's world", they do not fly to Frankfurt - complete with media entourage - to demand reinstatement of pounds 1m-a-year jobs. And, in all fairness, few mothers-of-five climb to the top of the pile in the male dominated City well before their 40th birthday.
Following her high-profile departure from Morgan Grenfell Asset Management time last year, the so-called City "Superwoman" thought long and hard about her next career step. After a brief spell as a writer - her book "Can you have it all?" proved essential, if irritating, reading for the working woman - she decided to return to fund management.
Mrs Horlick, pictured above before yesterday's launch at the Dorchester in central London, is now joint managing director of SocGen Asset Management, backed by Societe Generale, the leading French bank. She and her management team have been given a sizeable stake the company. "That's obviously a great incentive to do well," she said.
But the woman who earned more or less a million pounds a year in salary and bonuses at Morgan Grenfell was somewhat reticent about her new financial arrangements. She refused to disclose details of her equity stake, salary or bonuses, but did admit to taking a pay cut.
Mrs Horlick hit the headlines last year following her suspension as head of Morgan Grenfell's fund management business. Ripe with indignation, she jetted off to Frankfurt to demand her job back. But the "storming of Frankfurt" proved to be of no avail and the dispute with Morgan Grenfell is still not settled. She said: "The ball is in my court and I don't intend to do anything about it."
But, to the disappointment of the assembled Fleet Street hacks yesterday, Mrs Horlick was more interested in looking to the future than going over the past and injecting some life into the traditionally dull-but-worthy fund management industry.
- 1 Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
- 2 To help fuel their propaganda machine against the poor, our government has now decided to redefine the word 'welfare'
- 3 Bill Cosby: Isn’t it obvious why his accusers have stayed silent up until now?
- 4 Halle Berry takes ex-boyfriend Gabriel Aubry to court for allegedly trying to make daughter look less African-American
- 5 Isis propaganda image showing 'abuse of Muslim woman by soldiers' is actually taken from Hungarian porn film
Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
Ferguson decision: Tea Party website mocks Michael Brown's family over T-shirt typo
Michael Brown shooting: Ten things we know – or know better – now the Ferguson grand jury's work is over
Isis propaganda image showing 'abuse of Muslim woman by soldiers' is actually taken from Hungarian porn film
Derren Brown on the disappointment of coming out: 'It’s not that people react badly to it – they really don't care'
Rochester by-election: Ukip gains second MP as Tory defector Mark Reckless holds seat
'Beast of Bolsover' Dennis Skinner takes Ukip MP Mark Reckless to task moments after he is sworn in
Rochester by-election: Labour MP Emily Thornberry resigns after posting white van and England flags tweet
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Revealed: How the world gets rich – from privatising British public services
Exclusive: UK approved £7m Israeli arms sales in six months before Gaza conflict
Excellent Salary: Austen Lloyd: CHESHIRE MARKET TOWN - An exciting and rare o...
Excellent Salary : Austen Lloyd: NORTH HAMPSHIRE - SENIOR POSITION - An exciti...
£29000 per annum: Recruitment Genius: A Gas Installation Engineer is required ...
£28000 per annum: Recruitment Genius: A Domestic Gas Technical Surveyor is req...