Prando's Asset Management - Governance authority

The chairman identifies the truly worrying part of Andrea Leadsom's CV

Julian Marr
clock • 3 min read

"So did Andrea Leadsom ever work for you?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by to see him this week.

"Steady on," he replied. "I know there's been some discussion over just how fictional elements of her CV may have been but don't you think that's pushing it?"  "Why would you say that?" I asked. "I thought you'd be excited. Only last week we were discussing the possibility of a former journalist becoming the UK's next prime minister and now, depending on how 150,000 Conservative party members choose to vote, it could be a member of Her Majesty's financial services industry - and a fund manager to boot." "Isn't at least part of the fuss down to the fact she wasn't a fund manager?" aske...

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

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read