Prando's Asset Management - Off the cuff

The chairman frets about one aspect of SJP’s recent news coverage

Julian Marr
clock • 3 min read

"Do you know the single worst thing about the coverage of St James's Place in the Sunday Times?" asked the chairman of the improbably-sized investment company Prandeamus Asset Management.

Mortifyingly, he had insisted we eat lunch in the window of a restaurant by Lloyd's of London and, having piled the table with more wine than even he could finish, was now waving and laughing at anyone he thought might work in insurance. "Is it the damage it risks doing to the wider advice profession in the eyes of the public?" I suggested. "It does rather feel as if we have gone back in time a few years - and that can't be good." "No it can't," the chairman agreed as he spotted a miserable-looking group of men walking past the window and started pretending to drink straight from a bottl...

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