Anna Macdonald

But remember, we were also on, I don't know, the 35th consecutive announcement of the Strait of Hormuz opening up.

And there was just that general feeling of market nerves, I think.

Where we saw most of the action in terms of individual shares might not surprise you, as a lot of it was in Tesla and Nvidia.

And then, of course, there was good old strategy, Inc., which you'll know well from with what we've seen in terms of cryptocurrency.

And I'd rather sell a kidney than sell a Bitcoin.

So I think that could have also been slightly higher risk clients thinking, well, I'm not quite, you know, making it, making it, taking a view on that.

And then in terms of.

funds and the active funds, I mean, maybe not a surprise as well, a bit of selling down of Bailey Gifford American, you know, that maybe makes a bit of sense.

And then some just general global equity that hasn't been performing very well, interestingly enough.

So some of those big names that we know that have been not doing so brilliantly.

Well, I mean, we've very much tried... And other impossible questions.

We've very much tried to get investors to think about, you know, have your core, your sort of...

your bastions, whether that's a, you know, could be a tracker fund, it could be a global fund that you really like, it could be something in the UK, something in Europe, something in emerging markets.

Have that as your kind of base, your core, and then have your satellites can be the bits that really interest you.

And I know it sounds dreadfully dull, probably, to say it like that, but I do think that you should think about...

companies like this that, you know, it is a pretty, you know, this is a very unusual company.

This is, it's coming at a very, it's coming at, as you've talked about, a valuation that is, it has definitely, you know, raised some eyebrows, but other people feel very comfortable with it.

And it's coming at, you know, there's a very small amount floating, initially a free float, as in the number of shares that you can buy.

So it's very small,

So it's not really a surprise that it's very exciting for people.