"Seriously?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management after I had had time to digest last week's conversation and next dropped round his office.
"You're seriously back in the wonderful world of investment simply because you reckon you can pick up a few dozen basis points launching multi-asset funds for undiscerning punters on the back of post-pension liberation demand?" "Nice job recapping so succinctly," applauded the chairman. "Still, while there is very little ‘simple' about it, I can think of worse ways of earning a crust. And anyway, I don't imagine Prandeamus will be restricting itself solely to the joys of multi-asset - experience suggests there will be plenty of other bandwagons for us to leap aboard in years to come. ...
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