Prando's Asset Management - Trump card?

The chairman ponders some basic rules of finance

Julian Marr
clock • 3 min read

"This was always going to happen, wasn't it?" I sighed as I spotted the chairman of the improbably-sized investment company Prandeamus Asset Management in another café in a more southerly French town square.

"Clearly so after last week's cliff-hanger where we chatted about that Freakonomics podcast on poor standards of financial literacy around the world," he replied. "I seem to remember you implied you had more to tell me about it - if only you hadn't had to go and have dinner with your family." "To be honest, that was mainly a tactful way of finishing our conversation so I could actually go and have dinner with my family," I admitted. "Much more than discussing financial literacy, it's what people do on their summer holidays." "Ah," said the chairman. "Then this is a bit awkward, isn't ...

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

Watch Professional Adviser's Working Lunch with Baillie Gifford - Unlocking Opportunities Beyond the US: Why now for the Baillie Gifford Managed Fund

Watch Professional Adviser's Working Lunch with Baillie Gifford - Unlocking Opportunities Beyond the US: Why now for the Baillie Gifford Managed Fund

Catch up on the discussion

Professional Adviser
clock 01 December 2025 • 1 min read
Partner Insight: UK small-cap opportunities are 'The best for more than 30 years', Downing's Judith MacKenzie says

Partner Insight: UK small-cap opportunities are 'The best for more than 30 years', Downing's Judith MacKenzie says

Growing interest in IPOs and a surge in pension fund interest put UK small-caps on course for strong growth.

Judith Mackenzie, Partner and Head of Downing Fund Managers
clock 28 November 2025 • 4 min read
'It's been frantic – in a good way': Orbis' Matt Spencer on maintaining momentum

'It's been frantic – in a good way': Orbis' Matt Spencer on maintaining momentum

Advisers in the UK are ‘exceptionally high quality’

Jenna Brown
clock 25 November 2025 • 8 min read