No idea, but I know they are trying to get this included in the index.To do so, they have to free up a lot of outstanding shares held be close or interrelated parties. I can only assume there is a lot of selling to facilitate this. Just a guess. Investing in funds management businesses in the current climate is a massive gamble. Passive products are putting most managers in an early grave. You only have to look at Magellan and Platinum. Former stars, now battlers.
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