So last year was a terrible year in the emerging market debt, but also broader fixed income that was driven by several factors, including a rise in core rates, rising inflation, the war between Russia and Ukraine and a few other factors. We do believe, though, that some of these factors are going to be less of an issue this year, including inflation, which is already falling in many of the countries that we invest in. But also, if you look in terms of total return, to the extent that last year it was such a bad year, that translates to a much higher year in terms of a starting yield, so once we start the year with highly elevated levels of yields, that tends to translate into at least historically, into better prospects for total return. Just because if you think in terms of fixed income, fixed income basically is a couple of moving parts. One is the yield, the other is the price behaviour of a particular security. So if you put it all together normally at this highly elevated levels, you tend to have positive returns for subsequent years, at least if you look historically, that has been the case in terms of the hard currency there. So for this year, we think that the asset class is going to have a comeback. Some of the factors that I just mentioned earlier, lowering inflation, also the global outlook in terms of growth, we are not anticipating a major recession. So that could be a goldilocks situation for emerging markets, a good environment to the extent that the economy is not in a recession, but at the same time inflation is falling. So we think that emerging markets is going to see a comeback. In fact, actually, we're starting to see finally investors more interested in the asset class and inflows are starting to resume again, which is normally a good barometer for sentiment in general and how people are perceiving the asset class.