Asset managers getting smashed this cycle, rates still high and retail flow is weak. SLG at R0.91 is pricin…by @jse_tttrading on $SLG

Asset managers getting smashed this cycle, rates still high and retail flow is weak. SLG at R0.91 is pricing in a lot of pain but the fees on AUM are still sticky if they keep clients. Long-term view hasn't changed, waiting to see how many redemptions they announce in the next results.