Prando's Asset Management - Response to responsibility

The chairman knows exactly where the buck stops

Julian Marr
clock • 3 min read

"Do you ever worry about 'brain drain'?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management.

"Not since I introduced regular high-level medicals for all Prando's senior managers," smiled the chairman. "There's nothing wrong with me - at least, nothing steering clear of your malign influence on my alcohol intake wouldn't solve." "Right back at you," I nodded. "But I wasn't talking about your own brain draining - not literally, anyway. It was more that I recently saw a report from international financial services regulatory consultant Bovill that suggested the growing scrutiny senior managers now face risks leading to a brain drain from Her Majesty's financial services industry. ...

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