mr. raby: i will not tell you what i think. you what our survey sa we have quite a robust institute that does surveys regularly around the year and tatts institution investors around the world. in 2015, that survey said that investors thought they would have more than 40% of their assets allocated to passive strategies in 2018. in 2018, 30 2%, and our survey this year said that this would stay flat. institutional investors are telling us they have the right allocation and they have right sized it and they will much decrease it. scarlet: it depends and where you see the market heading as well. passive gives you what the market gives you, good or bad. active gives you what your manager gives you. julia: coming up, some total investors think the company is in need of change, including standing back -- scaling back in some tesla -- investors think the company is in need of change, including 's role.back elon musk scarlet: no, say it isn't so. julia: this is bloomberg. ♪ julia: "what'd you miss?" under pressure. activist shareholder