00:00Well, clients are cautious. Of course, they are looking for protection. They are shying away a little bit from the tech sector lately. But, you know, the volatility we see and the rapid changes in the geopolitical landscape, news, you know, almost every day, is making, you know, are making clients really thinking about diversification more and more.
00:27We haven't seen any major shift in asset allocation at this stage. So I think it's fair to say that excess cash is redeployed probably in capital markets. We saw also in precious metals in the last couple of months. But broadly speaking, you know, clients are holding up to their asset allocations.
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