Prando's Asset Management - Responsible thinking

The chairman gets excited about swapping management tips with the regulator

Julian Marr
clock • 3 min read

"Are you up for chatting through the FCA's consultation paper?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by to see him this week.

"Which one?" he sighed, peering at me from behind a heap of paper on his desk. "Oh come on," I laughed. "I know they've been busy down at Canary Wharf but it's not that bad. "And anyway, you really don't have to print out every single consultation paper the regulator sends you - these days there are things called websites, you know." "Oh, I know all right," the chairman sighed again. "But the small paper mountain you see before you is only an indirect result of the FCA's recent burst of productivity. You see, I made the mistake of asking for a briefing note on the main points." "Oh yo...

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

Investors take group action against RL360 over collapsed funds

Investors take group action against RL360 over collapsed funds

Claim brought to Isle of Man to seek compensation for losses

Isabel Baxter
clock 27 March 2025 • 2 min read
Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Catch up on the discussion

Professional Adviser
clock 25 March 2025 • 1 min read
Other investing strategies are available: Performance chasing has served well despite risks

Other investing strategies are available: Performance chasing has served well despite risks

'Perhaps not surprisingly in such momentum-driven markets, performance chasing came out top'

Laith Khalaf
clock 24 March 2025 • 4 min read