Tagging along for a ride

The chairman considers fitting his new equity income manager with a Peckham Rolex

"I was thinking of having our new equity income manager fitted with a Peckham Rolex," said the chairman of the insignificantly-sized investment group SmallBluePlanet as we rounded off our night at the IMA Dinner with a few pints of Akopian Top. "A what?" I replied, reasonably enough. "A Peckham Rolex," the chairman repeated. "You know - an electronic tag the penal system attaches to naughty people so that they can keep track of their movements. This way I could check whether or not he was going to interviews with the opposition." "But he's only been with you five minutes," I pointed out. "...