Prando's Asset Management - Black list

The chairman muses on why are there no happy-coloured market anniversaries

Julian Marr
clock • 3 min read

"What were you doing on Black Monday?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by to see him this week. "You'll have to be a bit more specific as we've had a few over the years," he replied.

"Still, I presume you don't mean the one in 1209 when a group of 500 settlers from Bristol were massacred in Dublin by warriors of the Gaelic O'Byrne clan. "Or indeed the one in 1360 when inclement weather killed men and horses in the army of Edward III during the Hundred Years' War? Or in 1689 when ...

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

Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read
FCA issues warning notice to Neil Woodford over liquidity failings

FCA issues warning notice to Neil Woodford over liquidity failings

The firm failed on four accounts between 2018 and 2019

James Baxter-Derrington
clock 11 April 2024 • 2 min read