Interesting article Westwind. I think the skew away from equity managers will help PAC. The one business that is susceptible to the issue in point 1 in the article is Seizert which is long only US equities. This is 100% owned by PAC. There is still an amount outstanding to be paid to the owners. At least PAC is out of IML, the large Australian equity manager. Value managers are struggling
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Interesting article Westwind. I think the skew away from equity...
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