I'm not sure there will be any industry-wide impact. If a fund is priced at 7 p.m., it would not get into the next morning's daily newspapers. |
It certainly is a problem. We are entering a window where we will see a lot of annual reports, (so) that is going to be a real problem. |
The fund industry is making sure investors know that nothing grows to the sky. The party doesn't last forever. |