"So how do you respond to this accusation you're running a cartel?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I visited his office this week.
"Me personally?" replied the chairman, looking confused. "You'd think I would remember something like that." "Not you personally," I said. "The UK fund management sector." "Ah," said the chairman. "The great UK fund management pricing cartel. Would this be something to do with Mrs and Mr Miller?" "You've read their new report?" I asked. "Don't be silly," laughed the chairman. "But the line sticks in my mind because it appeared in a marvellous article I read a few years back saying the EU only passed MiFID II thanks to young Gina's campaigning efforts." "So do you think they have a poi...
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