Prando's Asset Management - Freaky Friday

The chairman remembers the one exam he aced

Julian Marr
clock • 3 min read

"Are you following me?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management as I spotted him sitting in a café in Beaune town square. "I could ask the same of you," he replied.

"After all, I've been here hours and, to judge by your stressed demeanour, clearly you've only just checked in." "Lucky guess," I grimaced, separating my two bickering daughters for the umpteenth time that day. "Anyway, I know you know very well we always stop off here on our way through France and this is the only place in town that not only serves ‘nuggets-frites' but is still willing to do so to my children. So, regardless of who actually arrived here first, I'd say you were definitely following me." "Let's agree to disagree," smiled the chairman, waving pleasantly to my other half, w...

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

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read