"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...
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