People moves: USS expands private markets team

first_imgUSS, Stap, LSE, AXA IM, BNY Mellon, Northern Trust, Putnam Investments, Xafinity, William Blair, MSCI, LuxFLAGUSS Investment Management – The private markets team of the UK’s largest pension scheme has three more senior members and a new head of direct private equity, with Rob Horsnall promoted to the latter, a new role.Bob Hewson, Craig McAllister and Rob Brindley have joined the private markets as investment managers in private equity, real assets, and private credit and special situations respectively. McAllister joined in April, and Hornsall and Hewson in October. Hewson had previously been at Alchemy for 10 years, and Brindley joined from Commerzbank, where he was head of strategic asset finance.USS said the creation of the role of head of direct private equity “reflects a continuing shift towards direct investments and an increased focus on applying USS’s long-term capital to acquire market leading businesses with the capability to provide sustainable income or growth over the long-term”. Its private markets team has 40 staff.  Mike Powell, head of private markets group at USS, said: “The continued growth of our direct investment programme is core to our investment belief that the in-house team can deliver superior after-cost risk-adjusted returns, and bring additional benefits for our members in terms of alignment of interests and greater governance over our investments.”Stap APF – Erno Kleijnenberg has announced that he will resign as chairman of the general pension fund (APF) Stap, established by insurer Aegon and pensions provider TKP Pensioen, part of Aegon Group. Last year, Stap was the first APF to receive a licence from supervisor De Nederlandsche Bank (DNB).As several pension funds have joined Stap, and managed assets by the new pensions vehicle have already increased to roughly €2bn, his work has changed and is now less easy to combine with other activities, Kleijnenberg explained. Stap said it would name Kleijnenberg’s successor as soon as the appointment was approved by DNB.London Stock Exchange – CEO Xavier Rolet is to leave the London Stock Exchange Group by the end of next year. The exchange will seek to appoint a successor within the next 12 months with Rolet’s input. He joined from Lehman Brothers in 2009 and has led the company’s expansion both in services offered and market capitalisation.AXA Investment Managers – Alessandro Tentori has been appointed chief investment officer for Italy, based in Milan. He joins from Citigroup in London, were he spent five years as managing director and head of international interest rates strategy. Before that he was chief strategist for Europe at BNP Paribas. BNY Mellon – Rob Rushe has joined the company as European ETF segment executive. He was previously at State Street, where he was managing director and EMEA head of exchange traded fund servicing. He was at State Street for seven years and before that at Bank of Ireland and Northern Trust for 12 years. Northern Trust – Herman Prummel has been named country manager for the Netherlands by asset manager Northern Trust. Prummel joins from BlackRock, where he was chief operating officer for the Netherlands, North America and the Isle of Man. At Northern Trust, he succeeds Wim van Ooijen, who has recently been appointed as head of the company’s activities in Switzerland, while remaining head of operations in Germany.Putnam Investments – Oliver Grimson has joined the firm as director of investment management for the Nordics and Benelux regions, with responsibility for leading the firm’s work with institutional clients in the area. Grimson is based in London. Before joining Putnam, Grimson was client relationship manager in the EMEA institutional sales team for Dimensional Fund Advisors in London from 2011 to 2017. He began his career as an investment analyst for Xafinity Consulting in the UK.Xafinity Group – The UK consulting and administration group has hired Mark Barlow from PwC as an actuary in its pensions business. At PwC he worked on the pensions aspects of RBS’s work to ring-fence the bank, Xafinity said. William Blair – Stephanie Braming has been appointed global head of the company’s investment management business. She was most recently a portfolio manager for the William Blair International Small Cap Growth and International Growth strategies, with responsibility for nearly $20bn (€17bn) of client assets. She has been with William Blair since 2004 and was previously a principal at Mercer Investment Consulting. MSCI ESG Research – Panos Seretis has joined the company as executive director and head of ESG research in EMEA, based in London. He joined from Credit Suisse where he was responsible for fundamental equity analysis based on “HOLT” methodology for European banks, consumer staples and real estate companies. Before Credit Suisse, Seretis worked at Procter & Gamble and General Electric.  Luxembourg Finance Labelling Agency (LuxFLAG) – Mario Mantrisi will take over from Annemarie Arens as general manager in January 2018. LuxFLAG operates labels for responsible investment financial products that currently cover investment products worth €31bn. Mantrisi was previously at  Kneip and Inreg, which he co-founded.last_img read more

Fernandes taking new approach

first_img Fernandes is determined things will be different this time around, with the focus on players’ hunger rather than their reputation – though Lescott was offended by the insinuation he does not fit within that plan. The Hoops have also been linked with another experienced England defender in Rio Ferdinand, a free agent at the end of his Manchester United contract as Lescott is at City. But Fernandes told Sky Sports: “I think these are all fantastic players being mentioned but we have brought in players who’ve been at big clubs before and we got our fingers burned. “We have a different philosophy from this time two years ago. We know what we want, we have a list of targets that we think are the right sort and will add tremendous value to the club. “You need a balance of youth and experience but you need to get the right experience – people who are ready to come down and battle. People who have come from places like Manchester City, having won titles and been in the Champions League, might not have the right energy you want.” Lescott responded on Twitter: “Still undecided about my future but questions over my hunger 4 next season disappoint me I will never represent a team & give less than 100%” To shy away from big-name signings would be at odds with QPR manager Harry Redknapp’s track record in recent years but Fernandes was positive after he and chief executive Philip Beard met with the former Spurs boss on Friday. “We had a fantastic day talking about our targets and what we want to do,” he said. “We need maybe four or five new players and we are a much better prepared club than we were two years ago. “We saw at Wembley a new type of QPR culture and it made me proud. We want to keep the spirit together and get the right dressing room. It’s amazing what you can do with that. “We said we’d learn and come back stronger and next season we will see. No-one can guarantee anything. It’s so unpredictable. But we will give it a bloody good fight to stay up.” QPR chairman Tony Fernandes has played down the likelihood of a move for Manchester City defender Joleon Lescott and signalled a change of approach from previous high-profile recruitment. Rangers have been linked with the 31-year-old England international as they rebuild for Premier League football, having achieved promotion by beating Derby 1-0 in the Championship play-off final. The club’s previous dalliance with the top flight proved ill-fated, ending in relegation in the summer of 2013 despite infamously carrying a higher wage bill than that season’s Champions League finalists Borussia Dortmund. center_img Press Associationlast_img read more

1 million doses of anti-malaria drug heading to Florida to treat coronavirus patients

first_imgAccording to Gov. Ron DeSantis, one million doses of a drug used to treat malaria and lupus are being shipped to Florida to treat coronavirus patients.Gov. Ron DeSantis said on Tuesday that Amneal Pharmaceuticals is sending a massive shipment of hydroxychloroquine to the state and it’s expected to arrive on Wednesday. Teva Pharmaceuticals is also sending a shipment of hydroxychloroquine and azithromycin, an antibiotic commonly known as a Z-Pak, to Florida from India.The combination of those two drugs has been used to treat COVID-19 patients across Florida.Gov. DeSantis said those drugs would be delivered to hospitals right away.Last week, the U.S. Food and Drug Administration approved the use of hydroxychloroquine to treat COVID-19 patients.However, health officials said it hasn’t been fully vetted as a treatment for COVID-19 and does have side effects.Dr. Sunil Kumar with Broward Health said “I think we need to have every option that’s available for these patients.”last_img read more

Football News Tottenham come back from brink to qualify for last 16 of UEFA Champions League after Inter Milan draw

first_img For all the Latest Sports News News, Football News News, Download News Nation Android and iOS Mobile Apps. Barcelona: Tottenham came back from the brink in the Champions League on Tuesday as Lucas Moura’s late equaliser salvaged a 1-1 draw against Barcelona and sent them through to the last 16. Lionel Messi was left out of a heavily-rotated Barca line-up at the Camp Nou but Ousmane Dembele’s stunning early goal looked set to put Spurs out, until Moura intervened. Mauricio Pochettino’s side only had to match Inter Milan’s result at home to PSV Eindhoven in Group B, which they did, as the Italians only managed a 1-1 draw themselves. It made for a night of exhilarating drama, climaxing in the final five minutes when Tottenham must have wondered whether to push for a winner or hold on to what they had. At the final whistle, their players faced an agonising 30 seconds, only for a roar in one of the stadium’s deepest corners to tell them the whistle had blown in Italy. “No-one believed in us,” Pochettino said. “People said it was mission impossible but we are here. It is a massive achievement for the club.” Barcelona’s coach Ernesto Valverde may not be popular with Inter supporters after he rested several key players, including Messi, but his team already had first place wrapped up. We qualified quickly and that speaks for itself,” Valverde said. On Messi, who came on shortly after the hour, he added: “It’s good to keep him busy.”Read More | Liverpool beat Napoli to enter last 16 of UEFA Champions LeagueBesides, Dembele scored a goal of which the Argentinian would have been proud, his brilliant run and finish providing the perfect riposte to more reports of indiscipline from the 21-year-old this week. “It was a great goal, the kind only players with his talent can score,” Valverde said. “We are happy with him.” When Barcelona crashed out in the quarter-finals in April, Valverde took much of the blame, the accusation that he failed to rotate his players in games of lesser importance.Read More | Roma stall Inter Milan’s progress in Serie A, AC Milan move to fourthPerhaps he listened, because while Messi’s absence was the key point of relief for Tottenham, Jordi Alba and Marc-Andre ter Stegen, both excellent in recent weeks, were also left on the bench. Spurs, though, were also unfamiliar, at right-back, where Kyle Walker-Peters made his Champions League debut and it was the 21-year-old’s error in the sixth minute that gave Dembele a sniff. He robbed the ball and tore away, brushing off Walker-Peters again before brilliantly dummying a late Harry Winks dive and finishing past Hugo Lloris.Pochettino said he would be kept aware of the score at the San Siro, so news may have reached him soon after that PSV had taken the lead. Spurs put Barca under pressure Tottenham improved, peppering Barca’s right side, as another break saw Danny Rose fire across the face of goal.Son Heung-min’s lunge came up just short. Son’s best chance was still to come as he skipped away from Thomas Vermaelen’s desperate challenge, which might have earned him a red card had Son tumbled. Instead, he powered on, only to see his shot meet Jasper Cillessen’s leg.Along with Dembele, Philippe Coutinho was Barca’s biggest threat.He clipped the outside of Lloris’ post with one bending effort before half-time and had another blocked by Walker-Peters just after. The stadium had risen to its feet as Messi began warming up but Tottenham continued to push early in the second half. Harry Kane blazed over, put off balance by a nudge in the back from Vermaelen. Rose pulled back when he might have shot. Barca fans cheered like they had scored when Messi came on in the 64th minute but the chances kept coming at the other end, where Moura, on as a substitute, failed to head in from five yards as Cillessen clawed the ball off the line. Inter equalised against PSV, leaving Tottenham needing a goal with 15 minutes to play. Instead, they were almost dead and buried, as Coutinho again hit the post.Finally, they found a way through. Erik Lamela threaded Kane free and he crossed for Moura five yards out. This time he could not miss. Inter were still level but Spurs could hardly risk settling for a draw in case the Italians scored a winner. Kane’s deadly disguised pass set Rose clear but he fired high. In the end, it mattered little as the whistle blew and Tottenham’s players waited. Then they heard the cheers. last_img read more

Update on the latest sports

first_img Share This StoryFacebookTwitteremailPrintLinkedinRedditNFL-SUPER BOWLThe big day has arrivedMIAMI (AP) — It’s time to crown the NFL champion. Update on the latest sports Djokovic tops Thiem, wins 8th Australian titleMELBOURNE, Australia (AP) — Novak Djokovic (NOH’-vak JOH’-kuh-vich) has won a record-extending eighth Australian Open championship, beating Dominic Thiem (teem) 6-4, 4-6, 2-6, 6-3, 6-4. No other man in the history of tennis has won this tournament more than six times.It’s the 17th Grand Slam title for Djokovic, who has five titles from Wimbledon, three from the U.S. Open and one from the French Open. Only Roger Federer, with 20, and Rafael Nadal, with 19, have won more men’s Grand Slam singles trophies.Djokovic’s victory means he will return to No. 1 in the rankings, replacing Nadal.Thiem was appearing in his third major final. He has lost them all. Irving had his highest-scoring game of the season the previous night, scoring 54 points in a victory over Chicago.The Nets said Irving will be re-evaluated in a week. He will miss at least home games against Phoenix and Golden State — whose point guard, D’Angelo Russell, he replaced on the Nets — as well as a game at Toronto.Irving previously missed 26 games in his first season in Brooklyn with a right shoulder injury. He also sat out one after returning with hamstring tightness and didn’t play last Sunday after learning of Kobe Bryant’s death while preparing to face the New York Knicks.PGA-PHOENIX OPEN-KOBE BRYANTPGA Tour remembers Kobe Bryant with 16th-hole pin position The San Francisco 49ers are set to take on the Kansas City Chiefs in the Super Bowl.The 49ers are going for their sixth Vince Lombardi Trophy, which would tie the record shared by Pittsburgh and New England. The 49ers also are looking to be only the second team to go from 4-12 the previous season to the top of the heap. They haven’t won it all since the 1994 season.The Chiefs are making their third appearance in the Super Bowl, a name their founder Lamar Hunt came up with. But it’s their first time back since 1970, when they beat the Minnesota Vikings in the fourth Super Bowl, the final AFL-NFL matchup. The leagues merged the following season.Game time is 6:30 p.m. Eastern at Hard Rock Stadium in Miami Gardens.TENNIS-AUSTRALIAN OPEN Brignone wins super-G in overall leader Shiffrin’s absenceROSA KHUTOR, Russia (AP) — Federica Brignone (feh-deh-REE’-kah breen-YOH’-nay) won a women’s World Cup super-G after overall leader Mikaela Shiffrin sat out the race on Sunday, strengthening her runner-up position in the standings.The win left the Italian 270 points short of Shiffrin’s leading tally.The American three-time overall champion decided to skip the races in the 2014 Olympic resort after winning the previous super-G and a downhill in Bulgaria a week ago.Shiffrin, who won the super-G world title and discipline standings last year, was not the only top contender to sit out this weekend’s races. Slovakia’s Petra Vlhova and Italy’s Marta Bassino also refrained from traveling to Russia.center_img February 2, 2020 Associated Press SCOTTSDALE, Ariz. (AP) — The PGA Tour joined players with a 16th-hole tribute to Kobe Bryant on Sunday at the Waste Management Phoenix Open, using his two Lakers uniform numbers to cut the final-round pin position on the stadium par 3.The pin was placed 24 yards from the front edge and 8 yards from the left edge, putting it in the back left corner of the green on the rowdy hole that holds more than 20,000 fans.Bryant, daughter Gianna and seven others were killed a week ago in a helicopter crash in California.Third-round leader Tony Finau (FEE’-now) and fourth-ranked Justin Thomas have donned Bryant jerseys on the hole. Finau birdied it Friday and Saturday wearing a yellow No. 8 Lakers jersey. Thomas has worn a white No. 33 Lower Merion High School jersey, selecting it over a Lakers jersey that he also brought from his collection.WORLD WCUP-WOMEN’S SUPER-G NBA-NETS-IRVING OUTKyrie Irving out at least a week with right knee sprainNEW YORK (AP) — Kyrie Irving will miss at least a week with a sprained medial ligament in his right knee.The Brooklyn Nets star had an MRI exam Sunday that confirmed the team’s diagnosis after he was injured Saturday in Washington.Irving got hurt in the fourth quarter of a 113-107 loss, when he and Wizards guard Bradley Beal got tangled battling for a loose ball and Irving’s knee twisted as he landed on the court. He stayed down for a couple minutes before remaining in the game for the jump ball — in which he didn’t jump — and then left the court and went to the locker room.last_img read more

Ball State looks for road win vs Toledo

first_img Associated Press February 27, 2020 BIG MEN ON CAMPUS: Toledo’s Marreon Jackson has averaged 19.8 points, 4.3 rebounds and 5.6 assists while Luke Knapke has put up 15.7 points, eight rebounds and two blocks. For the Cardinals, Tahjai Teague has averaged 14.5 points and 9.1 rebounds while Ishmael El-Amin has put up 14.1 points.CREATING OFFENSE: M. Jackson has been directly responsible for 44 percent of all Toledo field goals over the last five games. The junior guard has 35 field goals and 19 assists in those games.WINLESS WHEN: The Rockets are 0-5 when they score 62 points or fewer and 14-9 when they exceed 62 points. The Cardinals are 0-8 when allowing 70 or more points and 16-4 on the season, otherwise.ASSIST DISTRIBUTION: The Cardinals have recently used assists to create buckets more often than the Rockets. Toledo has an assist on 38 of 76 field goals (50 percent) over its past three outings while Ball State has assists on 43 of 64 field goals (67.2 percent) during its past three games.DID YOU KNOW: Ball State as a collective unit has made 9.1 3-pointers per game this season, which is second-most among MAC teams. Ball State looks for road win vs Toledocenter_img Share This StoryFacebookTwitteremailPrintLinkedinRedditBall State (16-12, 9-6) vs. Toledo (14-14, 6-9)Savage Arena, Toledo, Ohio; Saturday, 2 p.m. ESTBOTTOM LINE: Ball State looks for its third straight win over Toledo at Savage Arena. Toledo’s last win at home against the Cardinals came on Feb. 23, 2016. ___For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.comlast_img read more

26th Quadrangular Games Begin at Ikoyi Club

first_imgThe 26th edition of the Quadrangular Games began on Sunday at Ikoyi Club 1938, Lagos with a message from the organising committee to all participates to compete fairly.The Quadrangular Games, a yearly event is rotated among four clubs, Ikoyi Club 1938, Lagos Lawn Tennis Club, The Apapa Club and Lagos Country Club Ikeja.Speaking at the opening ceremony yesterday, a member of the organising committee, Yomi Ogundipe, said the purpose of the games is for members to see themselves one family. He said: “For us in Ikoyi Club here it is not hosting to win. It is fellowship through sports.”Ogundipe hinted that the 2017 edition of the Games would feature ten sporting events including, Snooker, Billiards and Pool, Table-tennis, Tennis, Badminton, Squash, Swimming, Soccer, Chess, Scrabble and Ayo.The competition scheduled to end on December 2 will feature over 250 competitors with 50 athletes reprehending each of the four clubs.The last edition of the Quadrangular Games was hosted by Lagos Country Club, Ikeja.According to the organising committee there will be no cash prizes, but winners will be awarded with gold, silver and bronze medals while the overall winning team will go home with a giant trophy.Meanwhile the Chairman of Ikoyi Club 1938, Babatunde Akinleye, has said that the Games would provide an opportunity to strengthen the bonds of friendship and harmony which have always defined the relationship between the four competing clubs.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Live Action Returns on SuperSport

first_imgProfessional rugby returns with two matches from New Zealand’s Aotearoa: Highlanders versus Chiefs on 13 June and Blues versus Hurricanes on 14 June. The matches will be broadcast at 6am today and 4am on Sunday respectively on SuperSport 1.The first PGA Tour event to return to the golf calendar is the Charles Schwab Challenge, with days 2, 3 and 5 live on SuperSport from 12 to 14 June. Broadcast of day 1 begins at 9pm on 12 June on SuperSport 1 and 5, day 3 action begins at 6pm on 13 June on SuperSport 1 and 5, while day 4 action starts at 6pm on 14 June on SuperSport 1.Also, the RBC Heritage tournament from South Carolina begins on 18 June, with live coverage commencing at 8pm on SuperSport 1 and 5.The Ultimate Fighting Championship (UFC) was one of the first sports event to return after the effects of world events. The APEX facility in Las Vegas will host the UFC Fight Night on 14 June. The event will start at 2am live on SuperSport 11.The WWE, which also resumed earlier, will hold another special event tagged: ‘Backlash’, on 15 June. The fights will be broadcast from 12 midnight on SuperSport 1, 4 and 9 to DStv subscribers and SuperSport Select 5 to GOtv subscribers.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram DStv and GOtv subscribers can look forward to the return of live sport this week, including action from the ongoing La Liga, the Charles Schwab Challenge, and RBC Heritage tournament from golf’s PGA Tour, New Zealand’s Aotearoa rugby competition, UFC Fight Night and WWE ‘Backlash’.Football fans will be delighted to see La Liga back in full force, with the resumption of the title race between Barcelona and Real Madrid.The pick of games on offer this week is the meeting between Real Madrid and Valencia on 18 June. The match will kick-off at 9pm on SuperSport 7 to DStv subscribers and SuperSport Select 4 to GOtv subscribers.last_img read more

Hockey Northstars, Warriors both earn splits

first_img Tags: C-NSice hockeyliverpool Then Holden Sarosy, who scored in the second period, converted again in the third, with assists once more going to Matt Cramer and Carter Wisely, but the Northstars could not get it to overtime.C-NS had played the night before against Watertown IHC, and with some late heroics the Northstars earned a 4-3 victory over the Cavaliers.Trailing 3-2 in the third period, C-NS pulled even with IHC thanks to Holden Sarosy’s goal, and then moved in front when Matt Cramer converted. The Northstars’ defense made sure that the Cavaliers did not get the game to overtime. Twice in a span of four days, the Cicero-North Syracuse ice hockey team had an opportunity to go up against a West Genesee side that had long dominated their head-to-head battles.In the first chapter Thursday night at the Twin Rinks, the Northstars nearly rallied from a two-goal deficit in the third period, but took a 3-2 defeat to the Wildcats.Goals by Max Hahn, James Schneid and Tom Shields had helped to build that early 3-1 edge, but C-NS hung in there thanks to a fine effort in the net from Kaii Van Iuven, who made 28 saves.center_img As C-NS awaited its Monday rematch with the Wildcats at Shove Park, Liverpool was seeking to improve upon its 5-5-2 mark after splitting games last week.The Warriors lost, 7-2, to Fayetteville-Manlius last Tuesday at Lysander Arena. Matt Gagnon and Connor Boland earned goals, with Xavier Springer getting an assist.But Liverpool’s defense could not get to F-M forward Spencer Sasenbury, who earned a career-best five assists as John Manzi got three goals for a hat trick and Jackson Denton earned three assists.Hosting Mohawk Valley two nights later, Liverpool fared better, beating the Raiders 7-0 as it bolted out of the gate with four goals before the first period was done.Gagnon, Dylan Husted and Cole Broughton each scored twice, with Matt Markusz also scoring. Joe Terranova picked up a pair of assists as Boland, Marco Palumbo, Chris Zimmer, Anthony Bentley and cory Grinnals also picked up points.This improved Liverpool’s overall record to 5-5-2 as it would have its own game with West Genesee Tuesday right after C-NS played them, and then face reigning state Division I champion Syracuse on Thursday. The Northstars also play Rome Free Academy and Cazenovia this week.Share this:FacebookTwitterLinkedInRedditComment on this Story last_img read more

Caira dominant on mound in Orange’s 2-game sweep of Nittany Lions

first_imgThe Syracuse softball team posted two victories against Penn State Tuesday in a nonconference doubleheader in University Park. The Orange (27-20, 9-7 Big East) won the first game 2-0 and the second by a score of 6-1 to extend its current winning streak to four games. Published on April 27, 2010 at 12:00 pm Caira fired her third one-hitter of the season in game one, striking out 13 Nittany Lions with only two walks allowed. Next up for the Orange is a return trip to Pennsylvania to take on Pittsburgh this weekend. Syracuse plays three games against the Panthers, who currently sit fifth in the Big East. The game was deadlocked 0-0 until a two-run blast from third baseman Hallie Gibbs gave Syracuse the lead in the top of the seventh. It was her third home run in as many games. This was the Orange’s first win against Penn State (28-18, 7-7 Big Ten) since 2001.  — Compiled by staff writers Michael Cohen and Mark Cooper Head coach Leigh Ross turned to Caira once again to make the start in game two for the Orange. Her dominance continued as she allowed a single hit over five innings, striking out seven while walking one. center_img SU pitcher Jenna Caira picked up both wins for the Orange in her best performance of the season. She threw 12 shutout innings, racking up 20 strikeouts and giving up just two hits over the course of both games. Comments After a weekend series with Connecticut in which the team belted four home runs, the hot bats continued for the Orange. Gibbs and freshman Stacy Kuwik each hit two-run blasts in a four-run fifth inning that blew the game open. Gibbs now leads the team with six long balls, giving her 19 for her career. Facebook Twitter Google+ SU entered the doubleheader 1-7 against Penn State all-time and had never won at University Park. last_img read more