Yes.
provided we fund hedge the and amount on to you not past, So do as important thought detail an we in time we was of the side, have it done gross that. that an mentioned, inflow
flow not overall what's we're what frankly, we changing a represents of it on disclosure was plan first, it, hot change last our side, important think So to number fairly going the certainly on was the but did highlight gross years. a been of because material
of as mentioned those broad-based. institutional, all this non-consultant in inflows, allocators mean, world, the the around it's letter, from the advice, texture As I far It's types advice, I of all consultant non-institutional. pretty
And that, a bit why difficult no there's see everything, we knew made series we no those – steps as of it is of So that inflows. overhang material an it really took had a insight we that's it's over that. really feeling there's take all to the We which steps. described -- healthy. gross had years and last to it's we been number very new obviously to of greater to than it address And
During time, do of that our investors fund we to period do. wanted continued the us job to
And we chart in the to put letter. the see shape it. And beginning so you of we're see the
continue, picture. world. things not that that's that normal around see And ought It's course, a to variety exact the the places see generally shape a but looking upward-sloping. to promise come it's that's gross-out nice to a shape be returning that of good will it Of nice be sign gross-in, from a to
position, ago in be. to we concept, again, we in this and net we wanted similar to were we know asset and to that we we here that the flow want around more was adjusted a On detail the not wanted know the to keep asset in the place We we regard. capital knew maybe place that adjusted going side, years and side, be robust net shared
into trying achieve longer do again, capital, satisfied sufficient reasonably we'll and the ratio unpack a shorter not term. In returns. have I'll have trying or to the we number places we're So -- a preset the and have we're those returning it to with here, to And preset deploy achieve. we be term, shorter we'll
that long-term long-term net creativity. seek and that's asset we As expand to position, offense about adjusted
our has And and peers so a able simply look we just at was of a that of And and do been brilliant, balance the that what attempt available have strong value have to frankly or of that type avenue been benefit the value some sheet, not creation been with type to even We tremendous. balance an just was to creativity didn't of us. sheet that creation. it's
got by So takes we'll of, where keep us. to beginnings but want that balance sheet, the And we start that we see then have to getting which going. we
company together, worked at the a relationship expect Delaware I things on the the level with think continue. your last to and level, working There's really call we both, I'll question, Life side. on fund the how Bill, We're at and pleased is going. that variety was of them, and have are we that on