Nonsense. You haven't read the whole report. It's not just that the outflow has slowed; it's that they making a profit on their funds for the first time since Douglas quit. And with this new talent taking over the inflows will come pouring in.
I could see Formica had his head screwed on the right way when he sacked the last ceo for talk g the wrong direction. Now he's out a bit of urgency into turning this around. It's even declared a divvy. Glad I hung in there.
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