Having No Liquidity Issues in the Private Markets

I just want to go back to that liquidity point there and just sort of bring that into this point about a greater allocation to alternatives. That is an extremely unusual situation to be in to have almost a decade of no liquidity concerns to worry about. And I'm sure many people, many CIOs are envious of that position that you're in there. So given if we look sort of at the global landscape and the issues that pension funds elsewhere in the world are having,. obviously, aging populations in certain countries and more liabilities than their inflows.