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...

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

Consultancy launches to provide IFAs with 'robust' investment processes

Consultancy launches to provide IFAs with 'robust' investment processes

Sheridan Admans launches Infundly

Isabel Baxter
clock 06 November 2025 • 1 min read
Inflation protection not front of mind for financial advisers

Inflation protection not front of mind for financial advisers

Titan Square Mile report suggests

Jen Frost
clock 04 November 2025 • 3 min read
Trick or treat? The UK and global economy face their Halloween ghosts

Trick or treat? The UK and global economy face their Halloween ghosts

‘Wealth managers and market professionals are tiptoeing past economic graveyards’

Stephen Jones
clock 31 October 2025 • 4 min read