BrightSphere Investment Group Inc. (NYSE:BSIG) Q4 2022 Earnings Call Transcript

Suren Rana: Yeah. In our guidance, I guess, no, we put this together relatively recently. So it does factor in all that, that we know currently. And it reflects essentially where the market is today, what our — we are going to invest more in these new initiatives that we touched on earlier on people as well as data and infrastructure on credit, equity alternatives, multi-asset class, ESG, all of these areas. So it reflects the investment in addition to P&L there reflects some inflation as well. So assuming, of course, the ratios can change depending on if the markets were to change significantly. But in the normal range, we should be — we should end up within our guidance.

Michael Cyprys: Great. Thank you.

Operator: This concludes our question-and-answer session. I’d like to turn the conference call back over to Suren Rana.

Suren Rana: Thank you, operator. Thank you, everyone for joining us this morning. We appreciate it. Thanks.