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clock Created with Sketch. 16/04/18
11:21
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Originally posted by Jimmy_C
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...and just tying the numbers together - they've revised down fee-earning AUM from 4.25-4.75bn, to 4-4.25. Taking the midpoints of each, they've revised down from 4.5bn to 4.125bn.
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I came to a similar conclusion. They must forecast a massive amount of upfronts to hit the numbers they were talking about in the last two months.
