My sainted aunt, torrid goings on at Henderson Rowe of late, if one is to believe the more lurid stories circulating in the City.

For facts are short on the ground, however. Certainly, it is true that CEO and co-founder Charles Aram, 57, has just stepped down.

But nobody has been accused formally of any wrong-doing and the firm is surely strong and stable, as they say, as it is owned by huge Hong Kong wealth manager, Rayliant Global Advisers (RGA).  And the Financial Conduct Authority won’t say if it is going to get involved.

At RGA, which took over Henderson Rowe and its £500 million of AuM last year,...