The former "Superwoman" of the City appeared on the first FN100 Women list in 2007 and again in 2008, a matter of months before it was revealed that her listed Bramdean Alternatives Fund had a 9.2% exposure to Bernard Madoff’s Ponzi scheme. She was notably absent from last year’s lineup.

Horlick, who is married to financial journalist Martin Baker, who she met when he interviewed her for the Sunday Telegraph in March 2005, spent much of last year locked in a long-running legal battle with property magnate Vincent Tchenguiz, one of the largest shareholders in Bramdean. Tchenguiz, via his investment vehicle Elsina, asked for the board to resign following its investment in Madoff. Tchenguiz won his bid to replace Bramdean's board in June last year, and soon after Horlick halted her attempt to force a wind-down of the fund.