"Twitter or asparagus?" asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by his office this week. "I wasn't aware that was an 'either-or' choice," I replied.
"Can't you have both?" "Don't be ridiculous," snorted the chairman. "Why would I shell out good money for a Twitter monitoring service, if the asparagus turns out to be right? You're not making any sense."...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year