"Have you noticed the industry being a bit more delusional of late?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by to see him this week.
"No more than usual," he shrugged. "I mean, we prefer not to use that word ourselves but it does take a certain degree of ... er ... self-assurance to continue believing we can make money no matter what...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till