While we're not quite there yet, I think it reasonable to expect an announcement and introduction of our new permanent CEO in the not-too-distant future.

Candidly, there has been no discussion on our affiliate model. We're very much committed to the affiliate model. We believe that it is a strategic advantage for us. So we're committed to that model.

The strategic work that we've done with the Board has really been largely around strengthening and filling out our asset class portfolio ... We've got alternatives, we've got fixed, we've got equity. But we do have gaps. We do have gaps in alternatives, where there are other types of alternatives beyond fund-of-hedge funds. We have significant gaps in our global equity capability, our non-U.S. equity, whether it be global equity, international or emerging markets. So we've really focused on that …

… [I]t's clear that we are currently overweighted in fixed income. And the way we want to correct that is not by reducing our fixed income but by increasing particularly our exposure in non-U.S. equities and in alternatives. And with respect to alternatives, it could be further expansion in the fund-of-hedge funds space, but I think we're most interested in other alternative areas, be it infrastructure, natural resources, private equity, et cetera, et cetera. I'm not going to give you specific percentages right now because that's part of the strategic work that's still underway. But it's clear, both in terms of our organic work and our focus with retail distribution as well as the inorganic and looking to do additional transactions, we want to change that asset mix of business -- our portfolio.