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Sec Cap loses fourth high-flier

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Kilmartin takes Portfolio tally to three

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Swiss pension schemes jointly tender CHF120m infrastructure mandate

first_imgIST added that it would consider all infrastructure sectors – excluding investments in nuclear and military projects, as well as prisons – but would view high-risk sectors as less suitable.Managers should answer a questionnaire available through IPE-Quest, covering information about the firm and the team being submitted to manage the assets.The search added: “In a second round, some applicants will be asked to provide a broader set of material. In the third round, the final adviser will be selected out of a shortlist.”Interested managers have until 28 February to apply, stating their performance to the end of December.The IPE.com news team is unable to answer any further questions about IPE-Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE-Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email jayna.vishram@ipe-quest.com. Switzerland’s IST Investment Foundation is looking to appoint an infrastructure manager to a CHF120 (€97m) fund targeting assets across all OECD countries, using IPE-Quest.The foundation, jointly owned by a dozen Swiss pension funds and with CHF6.1bn in assets under administration, said the aim of search QN1383 was to appoint a non-discretionary secondary infrastructure fund manager.“The goal of the mandate is to achieve stable, predictable current income from day one with a conservative risk profile,” IST said, noting that managers should aim for a balanced, diversified investment approach across stable OECD nations.Additionally, managers should be aware they would be subject to an as-yet undecided limit to how strongly the assets can be leveraged.last_img read more

Size does not matter when it comes to growth: Research

first_imgThe median house price in Cairns was $410,000, while Townsville was around $350,000, Mr Pressley said.“That is cheap as chips and they are big cities, just a smidgen under Hobart. Cairns is bigger than Darwin, Townsville is similar to Geelong, Wollongong and Hobart. A lot of people aren’t aware of that, plus Townsville is officially Australia’s military capital. The outlook for all three of those cities – Cairns, Townsville and Mackay – is very healthy.”“The next five years for those three are probably going to be the best they’ve had since pre-GFC when they were having double-digit years, year after year.”Propertyology figures showed in the five years between 2003 and 2007, Townsville’s annual change in median house price was 17 per cent, 28 per cent, 20 per cent, 13 per cent and 24 per cent. Those numbers there, Sydney and Melbourne have never seen.”More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours ago Mackay city and the Pioneer River.“In January 2003, Townsville was $144,000 median house price and by December 2007 it was $360,000. It’s pretty much the same price today, it has just gone flat. “Mackay had similar numbers before. From 2003 to 2007, 16 per cent, 36 per cent, 36 per cent, 20 per cent and 5 per cent.”From late 2013 to the end of 2017 Mackay’s median house price went from $430,000 to $340,000. For some context, Sydney’s median lost $190,000 in two years. That’s a lot money.”The growth figures out of Cairns from the five years to 2007 were 16 per cent, 32 per cent, 12 per cent, 13 per cent and 15 per cent.Mr Pressley said the whole country needed to see substantial wages growth before the 20 per cent growth years would return.But he said 10 per cent was possible and the Queensland market generally had that potential in the next couple of years. FOLLOW SOPHIE FOSTER ON TWITTER East coast tops Brisbane’s hottest suburbs MORE: Historic Cintra House finds buyer An aerial view of the area earmarked for the Tropical North Global Tourism Hub in Cairns. Picture: Supplied.Dozens of smaller towns matched bigger cities for price growth in the past 20 years, new figures show, and Queensland’s once surging “mini” capitals could be ready to fire up again.Research by Queensland property industry analysis firm Propertyology found that so called “country” capitals, such as Cairns, Townsville and Mackay, played a central role in their regions, delivering respectable growth and strong potential to get back to double-digit growth.center_img Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 Penthouse hits market with whopping price An aerial view of North Ward in Townsville.Property head Simon Pressley said the worst was definitely over for resource-linked regions hard hit in the past decade.“Small doesn’t mean bad,” he said. “Cairns, Townsville, Mackay are all among Australia’s top 20 towns for population size. They’re mini capital cities.”“The average annual growth in the last 20 years was 5.4 per cent per annum in Cairns, Mackay was 5 per cent and Townsville was 4.6 per cent.”“If someone said to me, growth of 5 per cent a year I’d say where do I sign. There’s a big bang for your buck when you look at the size of populations. It’s essentially affordable for people to invest.”last_img read more

Aubrey L. Holt

first_imgAubrey L. Holt, of Milan passed away Thursday October 5, 2017 at Christ Hospital in Cincinnati, OH. Aubrey was born Monday August 15, 1938  in Milan the son of Anthony and Margaret (Gabbard) Holt. He married Thelma (Martin) Holt May 12, 1962 and she survives.Aubrey served his country in the Navy. He retired from Monsanto in 1988 and was a self-employed truck driver from 1989-2001.  He was a bluegrass singer, entertainer and founding member of the highly- influential Boys from Indiana.  Throughout the run of the Boys From Indiana, Aubrey Holt was among the most recognized and admired vocalist in bluegrass.  He was a member of the Boys from Indiana from 1973-1995, Aubrey played with his brothers: Jerry and Tom Holt, Uncle: Harley and many others. He joined his sons band Tony Holt and The Wildwood Valley Boys from 2005-2015. In 2011 Holt was inducted into the Society for the Preservation of Bluegrass Music of America Hall of Greats for his songwriting. He enjoyed music, fishing, camping, family, friends and telling stories.Aubrey is survived by wife of 55 years: Thelma Holt; children: Carla Holt; Brent Holt; Tony (Jackie) Holt; Margie (Roger) Minger; Rhonda (Gary) Schmidt all of Milan. 6 grandchildren: Caleb, Sara, Graci, Jared, Levi, Rachel. 5 great-grandchildren: Jordyn, Jackson, Cash, Marilyn, Christopher. Siblings: Jerry (Rose) Holt; Bill (Dottie) Holt; Judy (Merle) Feller; Tom (Joyce) Holt all of Milan.  He was preceded in death by his parents and one daughter Anita Holt.Funeral services will be held at 10:00AM on Wednesday October 11, 2017 at Hope Baptist Church 15593 US 50 Dillsboro In 47018 with Pastor Tom Holt officiating.  Burial with military rites will follow in New Craven Cemetery at Milan.  Visitation will be on Tuesday from 3-7PM at the church.  Memorials may be made in his memory to Aubrey Holt Music Scholarship. Go to www.lawscarrmoore.com to leave an online condolence message for the family.  Laws-Carr-Moore Funeral Home, Milan entrusted with arrangements. (812) 654- 2141. Box 243 Milan, In 47031.last_img read more

Bucksport opens wrestling preseason with dual tournament win

first_img Latest Posts Mike MandellMike Mandell is the sports editor at The Ellsworth American and Mount Desert Islander. He began working for The American in August 2016. You can reach him via email at mmandell@ellsworthamerican.com. Hospice volunteers help families navigate grief and find hope – September 12, 2020 BUCKSPORT — Every year, Dan Ormsby’s wrestling team manages to wow him. The unofficial start of the 2017-18 season was no different.Up against some of the best teams and individual wrestlers in the state Saturday afternoon, the Bucksport Golden Bucks more than held their own. And when the dust settled, the Bucks walked away with a victory no one saw coming.Bucksport wrestled its way to a first-place finish Saturday at its preseason-opening dual tournament in Dexter. The Golden Bucks topped Foxcroft, Piscataquis and Skowhegan on their own side of the bracket before defeating Camden Hills to claim the championship.“Everybody was ecstatic,” Ormsby said. “I think we expected to go in there and do well, but nobody expected to win it.”This is placeholder textThis is placeholder textThe road to the win wasn’t easy. In its first matchup, Bucksport went up against Foxcroft, a Class B powerhouse. The Golden Bucks squeaked out a 36-34 victory, which they followed up with a 36-18 win over Piscataquis to advance to the championship on their side of the bracket.Bucksport’s Hunter Pelletier executes a single-leg takedown during the team’s first preseason tournament Nov. 25 in Dexter. RICK MCHALE PHOTOBucksport then won its bracket with a win over a Skowhegan team that took home third place in Class A in February. A 38-30 win over Camden Hills, another Class A power, gave the team a thrilling tournament win.Ormsby said everybody on the team contributed to the victory, but there was one wrestler in particular who stood out. Foster Ashmore, a senior, proved to be a major factor in the team’s title win with wins over some of the state’s top-ranked wrestlers throughout the course of the tournament.“He was definitely the wrestler of the day for us,” Ormsby said. “He blew us away with how well he did out there. It was a fantastic day for him.”Ormsby attributed the win to his athletes’ hard work in the wrestling room, where he said the walls are “sweating after 45 minutes” every time the team practices. He also credited his assistant coaches, who he said have helped cultivate a winning culture in what’s still a young wrestling program.“I really believe we have one of the best coaching staffs in the state,” Ormsby said. “They get the most out of these kids every time.”Although Ormsby was thrilled with the win, he was quick to stress that the win was still came in a preseason tournament. With the regular still over a week away, many wrestlers have yet to reach their goal weights. Nevertheless, the triumph can still serve as a building block for what he thinks will be a promising season in Bucksport.“I’d say this is one of the most experienced groups we’ve had,” Ormsby said. “I think we’re going to do very well and continue to surprise a lot of people this year.Bucksport closes out the preseason when it hosts the Ryan Detour Memorial Tournament at 10 a.m. Saturday, Dec. 2. Biocenter_img Ellsworth runners compete in virtual Boston Marathon – September 16, 2020 Latest posts by Mike Mandell (see all) MPA approves golf, XC, field hockey, soccer; football, volleyball moved to spring – September 10, 2020last_img read more

NOC Orders Payment of Full Allowances to Team Nigeria

first_imgShare this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Buoyed by the impressive performances of Team Nigeria athletes at the ongoing Rio Olympics, President of the Nigeria Olympic Committee (NOC), Habu Gumel, has ordered the payment of allowances and bonuses to the athletes.“We want these athletes to concentrate and not allow anything distract them,’’ Gumel said yesterday when he called at the Games Village. All their monies should be paid to them in full. We don’t want any distraction. It is their money and it has been released by the Federal Government,’’ he said. The announcement of the full payment is expected to calm frayed nerves and dismiss rumours that the athletes were only going to receive part payments.“It is their money and it has been released.  We want total concentration of the athletes in their quest for medals for Nigeria,’’ Gumel said yesterday at the Games Village in Rio.The IOC member said that officials of Team Nigeria were working together to ensure that the athletes come out with decent performances in their various disciplines.last_img read more

David Clifton: Licensing Expert – Alternative Dispute Resolution (ADR)…Change is on the way

first_imgShare StumbleUpon Submit Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 The online gambling sector recorded 60,500 complaints in 2016 across 791 licensed activities or 76.5 complaints per activity over the year. The Commission suggests that this larger figure may indicate that it is easier to recognise and record complaints made online than in retail premises where some complaints may be dealt with in the course of general customer service. However, it maintains that the figure is still lower than it would expect. Related Articles UKGC hails ‘delivered efficiencies’ of its revamped licence maintenance service  August 20, 2020center_img David CliftonLast month the Gambling Commission announced the results of its review of complaints processes in the gambling industry, carried out one year after the introduction of the Alternative Dispute Resolution (ADR) scheme.As matters stand, ADR providers can look only at disputes about the outcome of a gambling transaction, rather than the way a gambling business is being run, which is instead a matter for the Commission as a regulator of the gambling industry. However, a downside for the consumer is that:the Commission does not provide a complaints service and will not investigate individual complaints andwhere a ruling on the outcome of a transactional dispute may depend on the outcome of an investigation into an operator by the Commission or by another body, it is difficult for ADR providers to adjudicate.None of this prevents the consumer from taking their complaint to court whether they are dissatisfied with the outcome of an ADR provider’s decision, or for any other reason, but that will usually be a costly exercise, something that the ADR process is supposed to prevent.The Commission says that its review has:shown that currently, “the complaints system in the gambling industry is not working for consumers, who have found it difficult to access, time-consuming to use, and they question whether it is independent and transparent” andidentified “a clear need for both gambling businesses and ADR providers to improve the way they handle consumer disputes”.The Commission certainly has the power to bring about such improvements because it is not only able to impose more rigorous requirements on operators pursuant to the LCCP but it is also responsible for approving ADR providers pursuant to a process that requires providers to meet, and to continue to meet, requirements of impartiality, fairness and independence.Currently, there are eleven such approvals, although the Commission reports that in the year to 30 September 2016:IBAS dealt with 93.6% of all disputes in the British gambling sector,eCOGRA dealt with second largest number of disputes with 5.2% of the total,the remaining 1.2% of disputes were split over a further six ADR providers andthree providers did not receive any disputes between 1 October 2015 and 30 September 2016.This review has been conducted against a backdrop of concerns on the part of the Commission about what it perceives to be an increasing lack of public trust in gambling operators. It cites recent survey data showing that 61% of respondents who gambled during 2007 thought that gambling was fair and could be trusted, whereas by 2016, only 38% of respondents thought this to be the case.In addition, the Commission says that last year it received nearly 77,000 contacts from members of the public, representing an increase of over 300% on the last two years, as a result of which it has concluded that existing complaints arrangements in the sector are not meeting consumer needs. In addition, it has concerns that the number of disputes recorded:by non-remote operators has increased from 4,548 in 2014 to 11,398 in 2016 andby remote operators has increased from 10,635 in 2015 to 12,100 in 2016.The Commission wants gambling operators to take complaints more seriously by operating complaints procedures that are “genuinely accessible and give consumers trust that their concerns have been listened to and acted upon in a timely way”. It wants ADR providers to consider whether they are doing enough to help raise standards in this industry and to ask themselves whether (a) they could do more to drive change by sharing learning from complaints and (b) their processes and contractual arrangements with operators allow them to consider complaints fully, independently and transparently.For its own part, the Commission intends to put in place rules and standards that support and, where necessary, require more comprehensive approaches to complaints handling by both operators and ADR providers.We can expect that this will include the following:in order to make it easier for consumers to make complaints, introduction during the middle of this year of “Resolver”, an online tool that supports consumers to raise complaints and is independent from gambling businesses; already in use in a number of sectors, including energy suppliers (for example, British Gas, EDF Energy), public services (for example, HM Passport Office, DVLA) and others, it explains the consumer’s rights in simple terms, helps the consumer to prepare an email using a template, allows the consumer to record all communications in the same place, creates a case file for the consumer and tells the consumer when to escalate their case to the next stage,subject to consultation, improved instructions to operators how and when to send correct data to the Commission and, possibly, a new requirement for operators to provide more information in their complaints policies and to make them more visible,a possible reduction or limit in the number of approved ADR providers, coupled with a framework of requirements including standards around customer service, decision making, and supporting the gambling industry, anda review of governance arrangements intended to (a) make the role of an ADR provider clearer, (b) improve consistency, and (c) help to reassure consumers that a provider is independent of the gambling business.The Commission’s review document (that can be read in its entirety on our website via the link at http://cliftondavies.com/review-complaints-) also reveals the following information that is directly relevant for betting operators.The largest number of complaints made in retail gambling are in the betting sector, which the Commission says is not surprising because there are more betting shops than other licensed gambling premises – for example, there are 8,709 betting shops compared with 575 bingo premises and 148 casinos in Great Britain. However, the Commission has concerns about the accuracy of the complaints data that operators are reporting. It states that data provided by betting shops indicates that on average only 3.3 complaints per shop went unresolved at the first stage of their complaints resolution process in the whole of 2016 – a figure that it considers to be “unrealistically low”. It says that figures are similarly low for the number of disputes recorded, and the number of disputes referred to ADR providers, which it believes may indicate that operators are not reporting or recording the information properly rather than that there are few unresolved complaints. terms of bonus or promotional offerdisputed bet instructions, or criteria to settle bets/gambling transactionsdisputed prices of betscustomer identity checks andlate bets.The Commission intends to work closely with gambling operators, ADR providers, trade associations and consumers and their representatives to make improvements to the existing ADR system and, come what may, change is clearly on the way._________________________David Clifton – Director – Clifton Davies Consultancy Limited UKGC launches fourth National Lottery licence competition August 28, 2020 Share The Commission also points out the most prolific issues identified by IBAS were:last_img read more

Veteran receives monetary boost thanks to local band

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisAlpena — On a cold Sunday afternoon, folks packed into Joe’s Bar & Grill in Alpena to catch the Detroit Lions game and enjoy some live music courtesy of the band Lemon Frog.This music comes with a meaning. The band held their final benefit concert for a local veteran and his family. Army Veteran Eric Hackney and his family recently moved into a new home and needed some assistance in buying basic necessities for the home and their kids. Drummer Steve Obuch and his band stepped in to raise money for the Hackney family through a series of benefit concerts.“They’re not looking for a handout, you know they’re proud of course, and they’re just looking for someone to give them a boost,” said Obuch.This is the third year that Lemon Frog has performed leading up to Veterans Day. Each year they’ve raised money for a veteran going through a tough time or just needing a small boost. This year they raised over $500. Lemon Frog performed at Chief’s Bar & Grill on Friday night. They performed at Joe’s Bar & Grill on Saturday and Sunday as well. Folks donated money in between songs to help Hackney.“It’s going to help us get stuff for the house, and everything else, and stuff for the kids… and keep us going that way,” said Hackney.“Finally being able to help a family out, that’s probably the most gratifying thing,” said Obuch.The band also collected non-monetary items like clothing, toiletry’s, and other necessities for veterans down at the Aleda E. Lutz VA Medical Center in Saginaw. The band will take the donations a long with American flag cards made by Besser Elementary students. They will deliver the goods on Friday and play a free show for the veterans.“It’s a great thing they do to help veterans,” said Hackney. “I’d like to see it continue on.”Lemon Frog has big hopes for next year and hope they can double what they raised for this year. AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Tags: Aleda E. Lutz VA Medical Center, Alpena Veterans, Joe’s Bar, Lemon Frog, Rock, Rock and Roll, Saginaw, Veteran, veterans dayContinue ReadingPrevious Kiwanis Club provides dictionaries for third-graders at Posen ElementaryNext Inside the life of Michigan’s most decorated WWII veteranlast_img read more

Tyson to fight world champion Klitschko in February comeback

first_imgActor, Author, ex-con, cartoon star, and former heavyweight champion of the world Mike Tyson is getting a comeback title shot next month at the ripe old age of 48.Current champ Wladimir Kitschko is putting his three title belts on the line to fight the aging Tyson in what will be sure to be a major pay-for-view event for fans, as well as a big payday for both fighters.“I mean who the hell is Wladimir Kits…Kitsco…kitty cats, anyway?” asked Mike Tyson to a room of reporters trying desperately to stifle their laughs.”I had to Google it, ’cause I had no idea who this chump champ was. Boxing needs me, ain’t nobody have to Google Mike Tyson. I’ve got the most recognizable face in sports, maybe the world, and that was even before the face tattoo. I still got it. Shit, I’m not even training for this one. Just watch. I’ll knock his ass down in one punch.”Insider reports say that the fight could net Tyson a near $5 million payday, win or lose.“Yeah, you know, I don’t even wanna fight that bad. It’s not that I can’t, I just don’t care. But I do care about that money, baby,” said Tyson. “I need to make it now, and not piss it all away like last time. That cartoon show money isn’t going to come rolling in forever.”  ”My man Iron Mike is back, and the world of boxing has suffered in his absence,” said legendary boxing promoter Don King.“No one cares about boxing anymore, all you hear about is the mixed martial arts. It’s sad when two men hugging each other on a mat is more popular than boxing. That’s why me and Mike have come out of retirement,” Don King continued.”Don’t listen to Mike when he says it’s for the money – heck, after my 70% off the top he won’t have much left anyway.”This fight, it’s about pride in the sport. Pride in America. It’s about showing age is just a number and you’re never to old to achieve your dreams. And yeah, okay, it’s about the money too.”last_img read more