Geoff Miller Quotes
While many commentators question the sustainability of hedge fund fees, we would highlight the long-only retail arena as an area where some fees do not reflect value added for the customer, but rather the distribution capabilities of the product manufacturer. 
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The numbers were mostly in line with what we were expecting. We've marginally upped our profit forecast to just above 25 million pounds and are holding our overweight recommendation.
- Geoff Miller
