Rachel Barnard Quotations

Franklin had another fantastic quarter basically on the back of its international funds.

I think these things are hard to implement so that it's clear who reports to whom. From my experience, those problems can be significant. If someone tells you to do something, should you do it? Does it matter? In these matrix models, people interface with each other rather than reporting to someone, so it's not clear who can tell you what to do.

Earnings per share may drop, relative to where they have been.

Black has done a terrific job in his short tenure of making the firm more disciplined and laying out a long-term strategy.

This is a significant expense for them that wasn't recognized on the income statement until now.

It's a decent performance, but not a big change from the past few quarters.

It's improving, but they're turning around a battleship here. It's taking a long time to improve confidence. There are still a lot of investors out there who feel like they were let down by Janus during the bursting of the bubble.

His intellectual, mathematical thinking has placed its stamp on the firm's bond operations. His presence permeates the place.

You can't put a price on that kind of publicity. It's huge.