At the end of the second quarter, we had 8 equity strategies and a variety of styles, with top quintile -- top quartile 3-year records and 6 in that top quartile for 1 year. And this include funds like the capital income, Pru Bear, InterContinental and Strategic Value Dividend.

Equity fund net flows are essentially break-even for the first 3 weeks of July, and much of the improvement is due to the Kaufmann Small Cap Fund moving from negative flows in the second quarter to positive flows early in the third quarter.

Second quarter flows in equity separate accounts were positive, led by the strategic value strategy. We are continuing to see RFPs for strategic value income, both domestic and international, as well as other strategies and the Clover Small Value equity strategy as well.

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