Crispin Love

“Can we dig into the real estate management fee trajectory? SPOM, the floor was flat there, but management fees were down, and I appreciate that the transaction, other fees, was a driver of total fees, but what's the outlook for the base management fees in that segment?”

“First, Chuck, I hear you focus on other areas where you have competitive advantages, But just on the consumer mortgage sale, can you share why you believe right now is the right time to sell the business?”

“On that last point, the market level of returns, as you showed out on slide seven, looks like each strategy a little bit higher than last quarter.”

“So you definitely took advantage of some of the dislocation in the prior quarter. And you did comment that the June quarter didn't fully reflect the expanded reposition portfolio.”

“I'm looking at slide nine, focusing on the 20% plus real assets cager. Definitely a step function higher, looking at 25 relative to 24, and then solid momentum recently.”