If you look at this as a long-term investment, the sell-off that has occurred in the market is very timely. I think it's a godsend to have the advantage of much lower prices to launch the fund. |
It's clear the Internet will be a powerful new channel for distribution and information. We're seeing a lot of big players embrace the Internet. |
There's so much supply it's become a chore for investors to say which is the best one to bet on. And when there's a downturn and things don't look good, people hold back. |