Yes. If you look back through the company announcements over the past 2-4 years, the company sold out of the funds management business(post GFC and pressure from lenders) and around 12-18 mths ago stated it wants to re-enter it. The logic here is lost on me.
Mkt cap of $36mill does not warrant a separate role for CIO,I agree.
Ann: Proposed Security Consolidation Updated Timetable, page-3
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