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

Advisers expecting more of asset managers since Consumer Duty

Advisers expecting more of asset managers since Consumer Duty

‘We actually need to understand one another better’

Hope Coumbe
clock 28 March 2024 • 1 min read
Fears tech limitations could stall MPS on its upward trajectory

Fears tech limitations could stall MPS on its upward trajectory

‘There have been a few changes and challenges around growth in general’

Hope Coumbe
clock 27 March 2024 • 1 min read
Partner Insight: Beyond 60/40

Partner Insight: Beyond 60/40

Invesco
clock 27 March 2024 • 5 min read