"Have you noticed the industry being a bit more delusional of late?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by to see him this week.
"No more than usual," he shrugged. "I mean, we prefer not to use that word ourselves but it does take a certain degree of ... er ...
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