Prando's Asset Management - All about the price tag

The chairman reveals his timetable for publishing Prando’s charges

Julian Marr
clock • 3 min read

"So will you be following the lead of St James's Place?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by his office this week. "That depends," he replied cagily.

"In the past, I've found it hugely worthwhile mirroring some of their ways of doing business but I also find it best not to do things unquestioningly. "So which particular lead are you talking about today?" "St James's Place publishing its bond and pension charges for the first time," I replied. "Yes, yes - very funny," laughed the chairman drily. "No really - what are the boys up to now?" "Publishing their bond and pension charges for the first time," I repeated. "Good grief," gasped the chairman. "You're serious, aren't you?" "Why on earth would they go and do that? Hang on - it's n...

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