Prando's Asset Management - Hush hush

The chairman knows the fundamental rule of ‘off the record'

Julian Marr
clock • 3 min read

"How on earth did you get in here?" asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by to see him this week. "I left strict instructions you weren't to be let in the building."

"And how lovely to see you too," I greeted him back. "Apparently your strict instructions did not register either with security or your two directors of first impressions who just waved me through. "Anyway - glossing swiftly over how, if you did not want me to turn up today, you only had to say - may I ask what I have done to incur your displeasure?" "Oh, it's not you specifically," sighed the chairman, waving me to a chair. "It's just my PR people told me to be very careful about what I say to journalists in the light of that Supreme Court ruling on off-the-record briefings." "The on...

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

Rathbones looks for growth after year of internal focus during Investec merger

Rathbones looks for growth after year of internal focus during Investec merger

Growth in funds under management and administration to £115.6bn

Eve Maddock-Jones
clock 15 January 2026 • 3 min read
Brooks Macdonald returns to positive flows in Q2

Brooks Macdonald returns to positive flows in Q2

Funds under management/advice now top £20bn

Jenna Brown
clock 15 January 2026 • 2 min read
PA Awards 2026: Multi-asset shortlists revealed

PA Awards 2026: Multi-asset shortlists revealed

Championing excellence

Professional Adviser
clock 14 January 2026 • 2 min read