Fund Manager’s Diary

Monday It has been a little over three months since the launch of the F&C Special Situations fund and I get back in the early hours of the morning from my first well-earned break spent skiing with friends in Courchevel, France.

Spot Victoria Beckham with her children in tow walking past me on the travelator at the airport.

At the office at 7am and start preparing for my meeting with the management of brewer Cantrell & Cochrane. C&C produce Magners Cider, which launched in London last year. We discuss the British distribution strategy, namely the plans to launch the cider UK-wide this summer. I have a strong conviction that the drink, which has already caught on in London, will also appeal to the wider British market.

After work I drop home quickly to change and deposit my suitcases before heading out again for a comedy charity evening at the Royal Albert Hall. The evening is being hosted by Ricky Gervais in aid of the Teenage Cancer Trust.

Tuesday My diary for the rest of the week is packed with company meetings. I have an appointment with an Indian property developer. This is one in a long line of foreign property companies to list on the London Stock Exchange. The developer is hoping to capitalise on western blue-chip companies looking for high specification office space to outsource or expand to India. The management need to raise 50m to buy and develop the properties.

Property investment seems to be the buzzword of the day, with a second meeting scheduled for the afternoon with one of London’s largest property developers. This time it is to discuss the prospects for the London office, West End and retail markets. The meeting provides a rare opportunity to speak on a level playing field with some of the top professionals in the market.

After work I meet friends for dinner at a West End restaurant and cannot believe my eyes when David Beckham leans over to ask what we have ordered for dessert. At this rate I will be expecting an invite to Romeo’s birthday.

Wednesday Have lunch with Goldman Sach’s leisure analysts. Over steak and chips we discuss the prospects for British Airways’ pension fund deficit. We also talk about the growth prospects and regulatory issues affecting online gambling companies in America. The conversation provides some useful information for my meeting with tomorrow.

Stay late to prepare the meeting agenda with After a long day at the office, I need some fresh air and go for a run along the Thames before bed.

Thursday Meet Ian Penrose, chief executive of I have a large stake in the company and it is important for me to gauge the impact of the ongoing pressure from anti-gambling lobbyists in America, who want to ban the company and others like it outright. The meeting goes well and I feel reassured about our large holding in the company.

I have one last meeting left with Kazakmys, the Kazakh copper miner. This company has been a star performer for us, with shares over 50% year to date on the back of strong demand for copper and other raw materials from China and India. I drive home to Bournemouth for the weekend and to celebrate my sister’s 17th birthday. After a party with all her friends, I am left feeling very old.

Friday The day is taken up with looking for a buy-to-let property with a group of friends. In the evening I relax with a bottle of beer after a hearty family meal.

• Luke Newman is manager of the F&C Special Situations fund. His diary runs from April 10-17.