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Personal finance tips from the world of institutional investment

Examining the world of wholesale finance through a retail prism provides a fresh perspective

I’m sure it must be even worse for bankers but, as a financial journalist, you feel an icy stab of dread when someone turns to you at a party and asks what it is “you do”. It was bad enough before the credit crunch. You would watch some interest briefly flash to life when you replied: “I’m a journalist”, only for it to immediately wither when you added: “Well, a financial journalist actually.”

Since the credit crunch it has got worse. Now, most people either give you their prognosis for the euro or quiz you about how bankers can justify their bonuses. (If the person happens to be a banker, they feel duty-bound to end the conversation as quickly as possible, then spend the rest of the evening pointedly looking like they're not having fun.)

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