I've been back in Australia for a month or so. The pound has depreciated significantly, UK has quite a few issues right now a new prime minister and king doesn't help stability.
Magellan took a considerable hit (Even though St.James is no longer a client), I agree regarding pendal, won't be pretty.
Pacific Current should fair better reporting in AUD, as mentioned on PAC board Pennybacker ,Banner Oak, Proterra and VPC likely to report positive flows.
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