Top 1000: European pension assets top €8trn

first_imgAs editor Liam Kennedy writes in the introduction to IPE’s dedicated guide, the effect of the coronavirus market crash this year, and subsequent rebound, may be captured in this year’s sample, but only to a limited extent – most often the latest data that was available was as at the end of the previous calendar year. Total assets recorded in IPE’s 2020 Top 1000 European Pension Funds universe amount to €8.3trn, up 7.25% on the previous year’s sample.By country, the top three jurisdictions are the UK, the Netherlands, with the Norwegian sovereign wealth fund’s €1trn-plus making that jurisdiction the third largest.The top 10 pension institutions in our 2020 sample accounted for nearly two-thirds (61.1%) of total assets, and the top 10 for 27.8%.Last year IPE’s Top 1000 sample recorded assets totalling €7.7trn, up 6.93% on the year before. For the first time, IPE’s Top 1000 guide has been extended with the inclusion of an asset allocation breakdown for the top 10 institutions, from Norway’s Global Pension Fund Global (GPFG) to the UK’s Universities Superannuation Scheme.This feature showcases the variety of asset allocation models out there, including GPFG’s traditional benchmark-led approach and ATP’s risk-parity inspired model – although major changes may be forthcoming at the Danish pension fund.To read more of the IPE’s Top 1000 guide, including country overviews, click here.#*#*Show Fullscreen*#*#last_img read more

Investor paradise: Brisbane a landlords’ market as rents rise

first_imgAsking rents for houses in Brisbane continued to rise in December, according to SQM Research.BRISBANE is fast becoming a landlords’ market as vacancy rates tighten and rents continue to climb, putting investors in the box seat in 2020.New data released by SQM Research reveals asking rents for houses increased 0.9 per cent in December to $473 a week — that’s 3.4 per cent higher than they were a year ago.The rental vacancy increased slightly last month, but is still tight at 2.9 per cent, and lower than the 3.2 per cent recorded the same time last year. Experts say it could be a good time to invest in property in Brisbane, with rents rising and vacancy rates tight. Picture: Istock.Nationally, the residential rental vacancy rate increased marginally in December to 2.5 per cent. SQM Research managing director Louis Christopher said there was a small rise in vacancy rates across all cities in December due to seasonality, but rents continued to rise.“The increasing rents in most capital cities could see a move towards a landlords’ market in the coming months,” Mr Christopher said. SQM Research managing director Louis Christopher.Property Club president Kevin Young said owners of investment properties in Brisbane would be “crazy to sell” this year. The independent property group has identified four Queensland locations where property investors were set to benefit. This five-bedroom house at 8 Windsor Dr, Upper Kedron, is advertised for rent for $565/week.These include areas that are already under recovery including Brisbane and the Gold Coast as well as areas that are at the bottom of their property cycle such as Townsville and Ipswich.“Property owners and, in particular, investors who can hold onto their properties during 2020 can expect to benefit from rising values moving forward,” Mr Young said.But Propertyology head of research Simon Pressley said that while the cost of housing was relatively affordable in Brisbane, the city’s property market had experienced little growth since 2007 and buyer activity continued to be soft. Propertyology head of research Simon Pressley.More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoMr Pressley said 2020 would be dominated by commentary around the October state election.He said all investors should spend time setting financial goals for the year ahead, including the locations likely to produce the best results over the long-term. This three-bedroom house at 18 Fuller St, Lutwyche, is listed for rent for $600 a week.“There’s never been a situation in our lifetime that borrower interest rates were so much lowerthan rental yields like we have right now, and it seems increasingly likely that the RBA might cut again in February-March,” Mr Pressley said.“This means that, even with a very small deposit, the annual cost to hold an investment property is near zero, so whether you’re using cash or equity in existing property, do something proactive for your future and get in the game this year.” This four-bedroom house at 15 Dinnigan St, Durack, is advertised for rent for $440 a week.last_img read more

868 Antique sacadas apply for emergency employment

first_imgDOLE provincial director Melissa Navarra, for her part, said it will be the local government units that will provide a certificate of completion – 10 days of work required – to the sugar migrants before the beneficiaries may get their pay. SAN JOSE, Antique – A total of 868 sugar migrants, locally known as sacadas, in this province who lost their job due to coronavirus disease 2019 pandemic are expected to benefit from the Department of Labor and Employment’s (DOLE) emergency employment program.  The type of work sacadas will do will be decided by the LGUs. However, there is no final date yet as to when the emergency program will start. He added there are no qualified sugar migrants in the five remaining municipalities in this province because they have either availed themselves of financial assistance under the Social Amelioration Program or Assistance to Individuals in Crisis Situation from the Department of Social Welfare and Development.A total of 1,698 sacadas have returned home from Negros Occidental after Antique opened its doors to locally stranded individuals (LSIs). Gov. Rhodora Cadiao, meanwhile, requested her municipal mayors during their meeting last week to assist the sugar migrants in finding livelihood in their localities. (With a report from PNA/PN)center_img These Antique sugar migrants arrive home from Negros Occidental in this undated photo. There are 868 of them in total who applied for Department of Labor and Employment’s Tulong Panghanapbuhay Sa Ating Disadvantaged/Displaced program, a provincial government official said last week. PDRRMO-Antique “Sacadas could receive P395 daily wage” which will be paid through money remittance, said Navarra. Provincial government sacada desk in-charge Randy Ardeño said the applications of those qualified to avail themselves of the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced (TUPAD) program have been submitted to the DOLE provincial office Friday last week.“The 868 sacadas are from the 13 municipalities of this province,” said Ardeño.last_img read more

IMCA crate engine track champions earn $39,500 in Chevrolet Performance bonuses

first_imgGRAND BLANC, Mich. – Bonuses totaling $39,500 have been paid by Chevrolet Perfor­mance to IMCA drivers winning 2016 track championships while competing exclusively with crate engines.One hundred and twenty-one different drivers in the IMCA Xtreme Motor Sports Modified, Karl Chevrolet Northern SportMod, Scoggin-Dickey Parts Center Southern SportMod and IMCA Sunoco Hobby Stock divisions won a total of 158 track titles with crate engines this season.Bonuses of $250 per track championship were mailed this month from the IMCA home office. This was the third season in the latest three-year bonus agreement with Chevrolet Performance, which has now awarded some $200,000 to eligible drivers over the course of the bonus program.“This has been a lucrative program for our members since its inception over a decade ago and we appreciate the support Chevrolet has shown IMCA racers during that time,” noted IMCA Marketing Director Kevin Yoder. “We’ll continue to structure this program to put cash in the pockets of IMCA drivers and recognize track championships.”The 52 crate-powered Modified drivers winning 66 track titles and $16,500 in bonuses were:$1,000 – Ricky Stephan.$750 – Cory Sample.$500 – Chaz Baca, Steven Bowers Jr., Jordan Grabouski, Michael Johnson, Tyler Limoges, Mitch Morris, Chris Nieman and Marlyn Seidler.$250 – Chris Abelson, Jacob Adler, Russell Allen, Drew Armstrong, Randy Brown, Tate Cole, Eric Dailey, Justin Elmer, Albert Gill, Kevin Green, Matt Guillaume, Travis Hagen, Clint Hatlestad, Jared Hoefelman, Jeff Hoegh, Billy Kendall, Shawn Kilgore, Eddie Kirchoff, Shawn LaRocque, Ronn Lauritzen, Red Monson, Nate Moore, Adam Morris, Travis Olheiser, Shawn Reed, Kyle Rohleder, Kody Scholpp, Dylan Sherfick, Mike Strobl, Regan Tafoya, Gary VanderMark, Rob VanMil, Josh Vogt, A.J. Ward, Tim Ward, Jeff Waterman, Mark Wauge, Johnny Whitman, Billy Wilker, Jason Wolla, Kyle Yeack and Chris Zogg.Forty-one Northern and Southern SportMod drivers earning track championships and shares of $13,250 in bonuses included:$750 – Nick Meyer, Tony Olson and Jesse Skalicky.$500 – Brian Cooper, Matt Looft, Clint Luellen, Kyle Prauner, Doug Smith and Tyler Soppe.$250 – Jason Andrews, Jordan Barkholtz, Chris Birmingham, Lance Borgman, Todd Boulware, Karl Brewer, Austin Charles, Todd Cooper, Brian Davidson, Chuck Delp, Rick Diaz, James Digiovanni, Junior Flores, Shawn Hand, Randy LeMieux Jr., Johnathon Logue, Cody Malcom, Chris McKellar, Ryan Moser, Adolfo Noriega, John Oliver Jr., Robby Rosselli, Jeff Schmuhl, Tom Schneider, Zach Schulz, David Siercks, Dalton Simonsen, Nick Spainhoward, Austin Svoboda, Kevin Tabor, Jeremy Van Ede and Nelson Vollbrecht.Shares of $9,750 in bonuses went to these 28 Hobby Stock drivers:$750 – Tim Church and Cory Probst.$500 – Shannon Anderson, Brady Bencken, Andrew Bertsch, Cody Nielsen, Phil Reid, Lukus Wassom and Jason Wilkinson.$250 – Dana Brandt, Andrew Burg, Nate DeSive, Dustin Griffiths, Benji Irvine, Jason Kohl, Corey Madden, Myles Michehl, TeJay Mielke, Rusty Montagne, Matt O’Hair, Jim Robinson, Leevi Runge, Aaron Shearn, Tony Slothower, Daniel Smith, Ryan Sutter, Mike Watkins and John Watson.last_img read more

MMH and BCSC open acute care site

first_imgBatesville, IN—MMH, Batesville Community School Corporation, and Ripley County Health Department are partnering together in an effort to reduce exposure of acute care patients to healthy patients at MMH in the ER and the physician practices as well as increase access to care,are opening an Acute Care Extension Site. According to Paul Ketcham, Batesville Community School Corporation Superintendent, the site will be only in the Primary School office and not in any classroom, gym or cafeteria spaces at this time. Ketcham advises that staff clean the office between each patient and each day with the highest standards to make sure that it is safe when school resumes.  This innovative approach will utilize the school’s telehealth technology to connect MMH patients with our primary care providers. This technology has been used over the last school year.last_img read more

Remy leads Geordie rout

first_img But Whelan departed prematurely five minutes before the break for a second bookable offence, and Wilson joined him within three minutes for hauling down Remy inside the box. The Frenchman saw his spot-kicked saved by goalkeeper Thomas Sorensen, but dragged his side back into the game seconds later with a deflected effort. However, the home side ran riot after the restart as Yoan Gouffran, with his fifth goal in as many home games, Remy, Yohan Cabaye and substitute Papiss Cisse secured a seventh Barclays Premier League win in nine attempts for the Magpies in front of a crowd of 51,665. Newcastle’s recent success has been founded on the platform provided by midfield enforcer Cheick Tiote, who has returned to something like his best form. His absence through suspension against the Potters was a blow, but just how much they would miss him became abundantly apparent at a very early stage. Charlie Adam was gifted acres of space in front of the Magpies’ back four with Vurnon Anita and Moussa Sissoko, playing the holding roles in a 4-2-3-1 formation, unable to cut the supply lines. After an encouraging start by the home side, during which Sissoko, Hatem Ben Arfa and Gouffran all went for goal from distance, it was the visitors who gained a measure of control. Newcastle full-back Mathieu Debuchy was fortunate to see his sliced clearance from Adam’s driven cross fly across his own goal and out for a corner, and the Scotland international only just missed the target with two efforts from just outside the penalty area in the space of eight minutes. Newcastle striker Loic Remy ended his goal-drought as nine-man Stoke suffered a miserable Boxing Day trip to Tyneside. However, keeper Tim Krul was finally beaten with 29 minutes gone when Assaidi cut inside from the left and curled an exquisite right-foot shot across the Dutchman and inside the far post to give the visitors a deserved lead. Pardew’s men were labouring, but were given a shot in the arm five minutes before the break when Whelan, who had earlier been booked after fouling Sissoko, clattering into Cabaye and kicking the ball away, picked up a second yellow card for a foul on the former Lille midfielder. What was to follow was astonishing as Newcastle stepped up a gear and Stoke imploded. There were just two minutes of the half remaining when Wilson felled Remy inside the box and as last man, joined Whelan back in the dressing room, much to the fury of Hughes, who was sent to the stands for his protests as his side appealed in vain for a penalty at the other end for handball against Mike Williamson. Sorensen repeated his heroics in the shirts of Sunderland and Aston Villa, for both of whom he saved Alan Shearer penalties at St James’ Park, by diving to his right to keep out Remy’s spot-kick. However, the Frenchman made amends within seconds when he sent a deflected shot past the Dane to level. Hughes replaced goalscorer Assaidi with defender Andy Wilkinson at the break as Pardew sent on striker Shola Ameobi for Anita, and his side took the lead within three minutes when Stoke failed to clear Ben Arfa’s cross – the ball looked to have crossed the goal-line before the Frenchman delivered it – and Gouffran dispatched it into the bottom corner. The 11 men were running riot and extended their lead with 56 minutes gone when Sissoko flicked on Davide Santon’s cross for Remy to convert at the far post. Ben Arfa, who had earlier struck the foot of the upright, smashed a 58th-minute shot against the crossbar after a mesmerising run which took him past three Stoke defenders, but compatriot Cabaye’s lovely 66th-minute finish from Debuchy’s pull-back further extended the lead. There was still time for Cisse to claim his first league goal of the season from the spot with 10 minutes remaining after full-back Erik Pieters had tripped Ben Arfa with Stoke in disarray with referee Martin Atkinson waving away a series of appeals for further penalties as time ran down. The Frenchman emerged from a five-game barren run with a double in a remarkable 5-1 win which saw Glenn Whelan and Marc Wilson pick up red cards, Potters manager Mark Hughes sent to the stands, two goals and a saved penalty before the half-time whistle had sounded. Oussama Assaidi had fired the visitors into a 29th-minute lead with a superb curling effort as Alan Pardew’s side failed to hit the heights until a dramatic conclusion to the first half. Press Associationlast_img read more

Sports News BCCI top brass employ ‘wait and watch’ policy on NADA issue

first_imgNew Delhi: The BCCI on Sunday decided to employ “wait and watch” policy with regards to coming under National Anti-Doping Agency (NADA)’s umbrella after its top brass met in Kolkata for a meeting on Sunday.The meeting was attended by acting president CK Khanna, acting secretary Amitabh Chaudhary and treasurer Aniruddh Chaudhry.CEO Rahul Johri was present as the representative of Vinod Rai-led Committee of Administrators (COA).NADA has long wanted the BCCI to come under its ambit but country’s richest sports body has thwarted its attempt because it doesn’t come under the ambit of National Sports Federations (NSFs).“The CEO Rahul Johri updated us on BCCI’s current stand on anti-doping policy and communication with NADA and ICC. However, no decision has been taken as of now. We have had some amount of discussions on this topic. But we are going to have a few more meetings before we can arrive at any conclusion. It will take some time,” acting president CK Khanna told PTI on Sunday.However, as things stand, it will be difficult to convince top Indian cricketers like Virat Kohli and Mahendra Singh Dhoni to sign the contentious ‘Whereabouts Clause’ where players need to intimate the anti-doping body in advance for the testing purpose.The Indian cricketers are dead against the clause as they fear that their privacy will be breached.Also Read | Lakshya clinches Asia Junior Championship title With the Supreme Court scheduled to pass its verdict on the revised constitution based on Lodha Committee recommendations in the next fortnight, the COA might not have enough time at their disposal to get a policy decision passed in such a short span of time.If BCCI comes under the NADA ambit, the decision has to be taken at the general body meeting as COA cannot unilaterally take any decision.The other topic that came up for discussion was allowing outstation players to take part in the state-based T20 leagues like Tamil Nadu Premier League (TNPL), Karnataka Premier League (KPL) to name a few.The meeting was attended by technical committee chairman Sourav Ganguly also along with three office-bearers.The meeting was deemed necessary after players like Unmukt Chand, Sheldon Jackson, Hanuma Vihari were not allowed by the COA to take part in the TNPL citing BCCI rules which prevents a player from another state to take part in a private league held in another state.“Since the TNPL has started, this year nothing can happen. But we need to find a way out. Most of the members feel that players shouldn’t be barred from playing,” one of the office bearers said.“However technical committee chairman Ganguly made a pertinent point that we also need to maintain a fine balance when it comes to allowing too many state-based T20 leagues as it’s our duty to protect the novelty of Indian Premier League,” he added. For all the Latest Sports News News, Download News Nation Android and iOS Mobile Apps.last_img read more

WADA to investigate athletes coached by banned Salazar: report

first_img(REUTERS) – World Anti-Doping Agency (WADA) President Craig Reedie has said the organization will look into athletes who trained under banned coach Alberto Salazar as part of the Nike Oregon Project (NOP), according to a London Times report on Tuesday.Salazar, who counts Britain’s Olympic and world champion Mo Farah among the top distance runners he has coached, was last month banned for four years by the U.S. Anti-Doping Agency (USADA) for doping violations.The USADA investigation found no evidence of any wrongdoing by Salazar’s athletes.Alberto Salazar, coach to Mo Farah of Britain and Galen Rupp of the U.S.A. sits inside the Bird’s Nest Stadium at the Wold Athletics Championships in Beijing“We can look back at what testing these athletes have been subjected to over the years,” Reedie told The Times. “But it will be more interesting for us if there are samples we can retest.”According to the report, USADA officials are in the process of sending all of their evidence to WADA’s headquarters and The Times understands it would be willing to work alongside the global agency.USADA chief Travis Tygart told the newspaper in a statement: “We invited WADA to be observers and what they would have seen is that we left no stone unturned. That said, we are happily compiling the evidence and sending it to them.”American Salazar, who was a celebrated distance runner, winning three consecutive New York City marathons starting in 1980, has vowed to appeal his ban.last_img read more

Amaju, Green to Grace Final of South-south Tourney

first_imgPresident, Nigeria Football Federation, Pinnick Amaju, and the Head, Technical Committee of the NFF, Chris Green, will grace the final of the inaugural South-South Champion of Champions football tournament at the Samuel Ogbemudia Stadium, Benin City, Edo State, today.According to the Edo FA chairman, Frank Ilaboya, he said the duo had assured of him their presence at the closing ceremony of the competition, which has eight teams from the South-south region of the country vying for honours. “I spoke with the NFF president, Amaju, and Green and they are both excited about the standard of play displayed in the competition and have promised to be present on the final day,” Ilaboya said.The participating teams are Edo FA Cup kings, Inneh Stars, Dynamite FC, Insurance (Edo); J.Atete, Delta Force (Delta); Yenagoa Academy (Bayelsa), Akwa Starlets and Go Round FC (Rivers). The winners of the tournament, organised by the Edo FA and sponsored by FROT Group, will go home with N1m while runners-up will receive N500,000.Ilaboya said there would also be a ceremonial match between ex-internationals, which would include Augustine Eguavoen, Kingsley Obiekwu, Joe Okoh, Edema Fuludu, Emmanuel Okonebho, Karimu Shuaibu, Wilson Oboh amongst others against a Benin All Stars team.“The ex-internationals versus All Stars game will serve as the curtain-raiser of the tournament; the game will give people the opportunity to watch the ex-internationals in action again.I am happy with the standard of play displayed by the teams; all the teams are happy because the tournament will help them prepare properly for the Federation Cup, which is just around the corner,” Ilaboya stated.Speaking further, Ilaboya added, “Insurance and Delta Force are the invited teams for the tournament. Edo has three teams because we want to use the competition to maximum benefit. It will be of great help to Insurance, who are gunning for promotion to the top division, and Inneh Stars and Dynamite FC, who will represent us in the Federation Cup.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more