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

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Savers and advisers dealing with cash management quandary

Kate Toumazi
clock 14 October 2025 • 3 min read
Partner Insight: Finding the right partner for a managed portfolio service

Partner Insight: Finding the right partner for a managed portfolio service

Francis Clark Financial Planning set up a white-label managed portfolio service for their clients, but as the effects of COVID-19 played out and markets stagnated, they realised they needed a change. Managing Director Chris Reah explains how they found the right solution.

Chris Reah, Francis Clark Financial Planning
clock 13 October 2025 • 5 min read
Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Catch up on the discussion

Professional Adviser
clock 10 October 2025 • 1 min read