Prando's Asset Management - 'Hope bites the dust'

The chairman suggests there was a lot of rocking going on that night

Julian Marr
clock • 3 min read

"For the third and last time, will you please stop humming Boomtown Rats songs?" pleaded the chairman of the improbably-sized investment company Prandeamus Asset Management when I visited his office this week.

"I know you think you're being funny but the fall-out from this week's unfortunate Bob Geldof episode is actually making me nostalgic for last week's unfortunate advertising episode." "No problem," I said pleasantly. "I only know three of their songs anyway. But seriously - what were you thinking? And why am I only hearing about this all now?" "I guess you're only hearing about it now because you don't read those ghastly tabloids," said the chairman. "True enough," I nodded. "Although that's a bit of a harsh way to describe Professional Adviser's opposition." "I was talking about ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Wealth Club launches UK's first private markets SIPP

Wealth Club launches UK's first private markets SIPP

45% income tax relief

Patrick Brusnahan
clock 24 March 2026 • 1 min read
Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

'More often, it's the quieter disciplines that matter most'

Phillip Young
clock 23 March 2026 • 3 min read
Crypto investors receive 40 times more HMRC tax warnings than stock traders

Crypto investors receive 40 times more HMRC tax warnings than stock traders

Data shows enforcement activity shift

clock 19 March 2026 • 2 min read