Let's talk a little bit about the uh consolidation if you will that could be happening within asset managers. There's been a ton of interest in this space especially with talk of the US opening this space in private investments to 401k investors. So will this lead to consolidation.>> Well, thanks for having me on. Yeah, I mean I think our report with Morgan Standi has sort of two main angles. The first is we think there could be a wave of consolidation rolling through as the asset management industry as the ...