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These funds are built on a lie, which is that you can have daily liquidity, and that for assets that fundamentally aren't liquid. And that leads to an expectation of individuals that it's not that different than having money in a bank for some individuals, because I can get my money... and so you get a series of problems. You get a structural problem, but then you have a consumer issue. But I think we do have to be... and we're working closely with the FCA, as we have been. We have to be very deliberate about the types of measures that need to be taken. But... and last word... what Sir John said is something that better aligns the redemption terms with the actual liquidity of the underlying investment is infinitely preferable to the situation we have today.
