Prando's Asset Management - Regulation by thesaurus

The chairman considers the FCA's ‘little battle' with the English language

Julian Marr
clock • 3 min read

"Did that chap in the middle really just urge us all to sing along to 'Nessun dorma'?" whispered the chairman of the improbably-sized investment company Prandeamus Asset Management as we watched the entertainment at the UK Platform Awards earlier this week.

"I mean, five people so enthusiastically belting out that aria is four more than I might consider ideal - at least - but you have to admire his optimism." "It was nice that singer should have such a high opinion of Her Majesty's financial services industry he'd imagine we would know any more words than the title," I agreed later as we stood by the bar. "But tell me - would you consider his ‘all together now' to constitute advice or guidance?" "I know you think you're being funny," sighed the chairman. "But you know very well it was neither. "It was a call to action - and not an especi...

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