Prando's Asset Management - By the numbers

The chairman proposes an alternative risk-rating system

Julian Marr
clock • 3 min read

"Do you have any thoughts on quelling unrest among multi-asset fund managers?" asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I visited him this week.

"The Prando's water cannon's still at the repair shop, is it?" I checked. "Albeit presumably in better shape than the chap who was operating it for you when that little unpleasantness occurred?" "Yes - I certainly picked the right time to let somebody else have a go," chuckled the chairman, pretending to mop sweat from his brow. "But back to my problem with the multi-asset mob - what can I do?" "Oh I don't know," I shrugged. "Remind them they're lucky to be working in the most happening sector in investment? Threaten them with a transfer to something awkward and single-stratty like UK eq...

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 Your profession

Phillip Wickenden: The new cash divide and why it matters now

Phillip Wickenden: The new cash divide and why it matters now

'This is inertia on a vast scale'

Phillip Wickenden
clock 01 December 2025 • 6 min read
OBR leak 'embarrassing' as Selby calls for pension stability after Autumn Budget

OBR leak 'embarrassing' as Selby calls for pension stability after Autumn Budget

AJ Bell’s Tom Selby joins Sahar Nazir in the studio to unpack the Budget

Sahar Nazir
clock 28 November 2025 • 1 min read
Andrew Goodwin: Advisers shouldn't have to be told to improve

Andrew Goodwin: Advisers shouldn't have to be told to improve

'The fact is that nobody stays ahead of the curve by standing still'

Andrew Goodwin
clock 28 November 2025 • 4 min read