Prando's Asset Management - Statement of objection

The chairman discusses maximising returns

"Wouldn’t the logical conclusion of that argument be, if it is all about maximising returns, it would be OK for fund managers to accept the occasional contract killing?”
"Wouldn’t the logical conclusion of that argument be, if it is all about maximising returns, it would be OK for fund managers to accept the occasional contract killing?”
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"Where on earth have you been the last two weeks?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management. "In mourning," came the reply.

"Oh," I said. "I'm so sorry." "Thank you," he nodded - then, correctly interpreting the look on my face as a request for further information, elaborated: "The news the Manek Growth fund is to close hit...

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