Q1 results Are out. EBITDA, Net earnings, assets under management, assets under administration all down from last year Q1 and last quarter.
Risk is that even when gold / commodities turn there are assets being redeemed, and revenue will not return quickly until performance fees are established which is at minimum is another year or two beyond the improvements in underlying markets - as they have to hit thier high water mark.
Perfrect storm continues. Amazed its holding at $3.