Argoz, good point as usual, there does not seem to be a bullseye painted on just AUM. There are many sectors of the market that are getting killed, however, my guess is the agriculture and precious metal sectors likely are very close to the lead in this sad parade since September 1. Obviously, financials are among the leaders, too, but it's too easy to see the fairness in that!
BTW, I just now noticed how gold has gotten way out in front of platinum; I knew they were jockeying back and forth a few weeks ago, when gold was in another zip code, but as badly as gold has been hit, the white metal has been nailed much worse.