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

Autumn Budget 24: Reeves sets 20% IHT rate on AIM shares

Autumn Budget 24: Reeves sets 20% IHT rate on AIM shares

Chancellor unveils 50% relief

Cristian Angeloni
clock 30 October 2024 • 1 min read
Cash in Conversation: A poll for financial advisers

Cash in Conversation: A poll for financial advisers

Professional Adviser
clock 29 October 2024 • 1 min read
The challenges and opportunities for active managers

The challenges and opportunities for active managers

'We believe good active managers always have a place in a portfolio'

Darius McDermott
clock 29 October 2024 • 5 min read