So given that you've been a pioneer of innovation, so you were early in the structured credit evolution, in the private credit evolution, what do you see that's sort of happening next in fixed income? I ask that because the market return can be accessed fairly cheaply, and it's almost like how do asset managers add value to clients in this environment?

Yeah, I honestly think that's almost any question at the moment for an asset manager is why should people pay you? And the answer is access is in the public markets used to get paid for and clearly that's worthless.

I think when we come back to responsible investing, I mean, I think we've got a very strong sustainability, sustainable franchise.

And I think that's a belief system which has been decades in the making.

And I think that you can, you know, you are offering something to people, which I think is very hard to replicate with that.

And similarly, you need to offer some exceptional returns.

I mean, so again, you have some funds that are doing very well.

Talking to others on the CIO chair, the idea of the government trying to push people towards investing in the UK more, I mean, do you see that there's just not enough incentives to do so? And maybe also, whilst you might have invested in parts of the infrastructure sector, do you think there's enough opportunities for pension schemes, insurance firms, charities, trust foundations to be investing in the UK and feel that they're incentivized to do so?