lw 18 may p20 diary.indd 20 pinsent masons property partner andrew yates (centre front) gears up for knowlesfest 2006 in anarchic styleNo wonder hedge funds are such a growth area, judging by the free-loving fun being had by some budding flower children in the industry. Next month, showerdodging funds advisers will be donning the wellies and plastic wristbands for ‘Hedgestock’ – a networking conference-cum-rock festival that aims to raise cash for the Teenage Cancer Trust.

Legendary rockers The Who will be gracing the event, which takes place on 7 June at Knebworth House and combines the usual business conference fare – talks, awards, you know the drill – with live music, group tree-hugging sessions and a whole lotta love.