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

China: Beyond trade tensions and tariffs

China: Beyond trade tensions and tariffs

'So what do you think about China?'

Gabriel Sacks
clock 05 December 2025 • 4 min read
As good as... Should investors rely on gold to protect portfolios during market dips?

As good as... Should investors rely on gold to protect portfolios during market dips?

'Gold is often bought more on hope than expectation'

James Flintoft
clock 04 December 2025 • 3 min read
Darius McDermott: The uncertain future of the US dollar

Darius McDermott: The uncertain future of the US dollar

'Investors need to be aware of the potential vulnerability of the dollar'

Darius McDermott
clock 03 December 2025 • 5 min read