SCHOOL'S OUT

One lesser known fact about Paul Myners is that the fund management guru has a degree in education and began his career teaching at a girls' school.

Myners says in his biog: "After qualifying as a school teacher I was employed by the Inner London Education Authority. This was a mistake for both of us. After two years I opted for the safety of business journalism with the Daily Telegraph and then moved on to the investment bank N M Rothschild & Sons and the investment manager, Gartmore."

One fund manager, who has known Myners for the past 25 years, reckons the stern school master has never quite departed, and even draws some comparisons with the 'boisterous' management approach of former Sun editor Kelvin Mackenzie.

He also adds an interesting footnote on the City grandee: "I have seen Paul's CV change over the years. When he started out at Gartmore, it said he loved football. By the time he'd left Gartmore, this had had changed to how much he adored the opera."

FUND FORUM UK Personal Accounts will 'probably' have SRI fund