Railpen finds new chief fiduciary officer at Denmark’s ATP

first_imgRPMI Railpen, the investment manager for the UK’s £30bn (€34bn) railways industry pension scheme, has hired Mads Gosvig as chief fiduciary officer, investments from Denmark’s ATP Group.He joins tomorrow and will fill the gap left by Michelle Ostermann’s appointment to managing director for investments in November. Ostermann had joined Railpen in autumn 2018 as chief fiduciary officer, then a new role, from British Columbia Investment Management.As Railpen’s new chief fiduciary officer, Gosvig will be responsible for determining the high-level investment strategy and risk profile and leading the in-house fiduciary team in tailoring investment solutions for the multi-employer sectionalised schemes, which have around 350,000 members.He joins Railpen from ATP, Denmark’s largest pension fund, where he was head of investment strategy, and led the team responsible for the strategic direction and management of the ATP investment portfolio. Gosvig also acted as chief investment officer at ATP’s UK subsidiary NOW: Pensions from its creation in 2012 through to its sale to Cardano in 2019. He has also previously worked for Danske Bank and the Danish Central Bank. Mads Gosvig, RPMI Railpen’s new chief fiduciary officerOstermann said: “Mads brings a wealth of specialist experience to Railpen which will provide a fresh perspective to our organisation.“His experience developing and implementing investment strategies for a globally renowned pension scheme, will be invaluable as we continue to fulfil our mission to pay members’ pensions securely, affordably and sustainably.”Railpen has made several appointments in the past year or so in addition to Ostermann’s internal move.In December it named Richard Swart as head of investment risk, a new role at Railpen that reports to the chief fiduciary officer. He had most recently been at PGGM.Earlier in 2019 it added two to its investments board as part of efforts to strengthen its governance.last_img read more

Nature vs. Synthetics: The Dolce and Gabbana Controversy

first_imgPublic Discourse 19 March 2015When a public war of words erupted a few days ago between Sir Elton John and world famous Italian designers Domenico Dolce & Stefano Gabbana, a mostly ignored schism within the gay community was suddenly cast in high relief. Trust me, I know. I’m a gay man opposed to gay marriage. Dolce and Gabbana are bravely standing against a future of state-enforced genderlessness, against a tidal wave of adult selfishness that overwhelms children’s rights and their best interests, and against the meddling government jigsaw that has continued to split, carve, and slice family life over the last few decades—especially for the poor, minorities, and the most vulnerable. And the most vulnerable and silent minority is, of course, children.The Synthetic Creation of ChildrenSir Elton John’s biggest complaint— understandably so—against Dolce and Gabbana was about their statement that children engineered for same-sex marriages are in some way synthetic:How dare you refer to my beautiful children as “synthetic.” And shame on you for wagging your judgemental little fingers at IVF—a miracle that has allowed legions of loving people, both straight and gay, to fulfil their dream of having children. Your archaic thinking is out of step with the times, just like your fashions. I shall never wear Dolce and Gabbana ever again.While Dolce’s wording on this point is unfortunate, there is a truth hidden within. It’s not the children who are synthetic, for all human beings share equal dignity. Rather, it’s the process through which they come into the world.And when it comes to that process, it seems that anything goes. While the adoption industry has been heavily regulated—and rightfully so—engineering children through gamete purchase and womb rental falls under no such restrictions. Any infertile couple working with a reputable adoption agency knows that the window of opportunity for adopting newborns closes as you approach forty years of age. After that, you may only adopt older children. But for wealthy white gay males, there are no rules, only endless options for accessorizing their lives with humans.Sir Elton John was sixty-three years old when his first child was born through surrogacy and sixty-five at the birth of his second. His partner, David Furnish, was forty-eight and fifty. When their younger child graduates from high school, they will be eighty-one and sixty-eight. At his college graduation, they’ll be eighty-five and seventy-two. Children deserve biological parents—a mom and a dad—not two middle-aged guys approaching old age when the kids are infants and years beyond receiving their first Social Security checks when they are teenagers.It grieves me to criticize any family. I know Sir Elton John and David Furnish love their children and are devoted fathers, but the point remains: the interests of children should always outweigh the interests of adults who want children.It wasn’t very long ago that Sir Elton John’s views were aligned with those of Dolce and Gabbana. In 2008, he said that civil partnerships—not marriages—were more appropriate for gays. As recently as 2012, John said, “It’s going to be heartbreaking for [our child] to grow up and realise he hasn’t got a mummy.”Domenico Dolce, in using the phrase “synthetic children,” is drawing attention to the fact that “Life has a natural flow; there are things that cannot be changed.” Complementarity cannot be changed. Natural law, just like the laws of physics, can be neither changed nor suspended—at least not without dire consequences. If we rush headlong into changing this nation’s definition of marriage through judicial fiat, even if we have the very best of intentions, we might once again invite epic disaster for children, whose stories will emerge only as they become adults.http://www.thepublicdiscourse.com/2015/03/14663/?utm_source=The+Witherspoon+Institute&utm_campaign=36e8f874ba-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_15ce6af37b-36e8f874ba-84094405last_img read more

‘Blue alert’ status up in Bacolod City

first_img“Precautionary measures should be takenas the typhoon could cause flooding, landslides, storm surges, and accidentsthat could endanger lives and property” said Mayor Evelio Leonardia. Leonardia issued a memorandum directingthe City Disaster Risk Reduction and Management Council (CDRRMC), especiallyits implementing arm City Disaster Risk Reduction Management Office, all villageofficials, and allied agencies to heighten their preparation for theapproaching typhoon. Last week, Negros Occidental Gov.Eugenio Jose “Bong” Lacson also issued order to the DRRMO of theprovince to go on “blue alert” status./PN Although this city is not along the typhoon’s projected path, outer rain bands may bring scattered rains and thunderstorms, thestate weather bureau added. The Philippine Atmospheric, Geophysicaland Astronomical Services Administration said the typhoon, which entered thePhilippine Area of Responsibility over the weekend, is expected to cause moderateto heavy rainfall in this city and some parts of Negros Occidental. He said that the need for contingencyplans to be in place, such as the identification of possible evacuationcenters, and the preparation of rescue equipment, personnel, food and medicine. BACOLOD City – This capital city wasplaced under a “blue alert” status to heighten preparedness, measures andprecautionary actions following the upcoming landfall of typhoon Tisoy  (international name: “Kammuri”). last_img read more

City Officials Ask PBC Mayor for CARES Act Reimbursements

first_imgThe letter explains that on June 10, Gov. Ron DeSantis announced that Florida counties that have already received payment from the U.S. Treasury should provide funds to their municipalities “on a reimbursement basis for expenditures eligible under the CARES Act.”The CARES Act is a $2 trillion economic relief package that was passed by Congress in March. A portion of that money established the $150 billion Coronavirus Relief Fund, which was designed to help state and local governments.In May, Palm Beach County officials said they were given $261 million in funds related to the CARES Act.Boca Raton Councilman Andy Thomson states in the letter to Mayor Dave Kerner that Palm Beach County has “already received direct payment from the U.S. Department of Treasury…” and the county “should be reimbursing municipalities for their eligible expenditures.”In the letter, Boca Raton Councilman Andy Thomson said his city spent more than $2 million on supplies and personal protective equipment related to COVID-19.Thomson said “we have not received any indication as to when Palm Beach County will be issuing these critical reimbursements” and “how such reimbursements will be processed.”In addition, the letter was signed by Democratic U.S. Reps. Ted Deutch, Lois Frankel and Alcee Hastings. Leaders from several municipalities sent sent a letter Wednesday to the mayor of Palm Beach County, in an effort to recoup costs spent so far this year battling the coronavirus.The group who signed the letter includes officials from various positions from Boca Raton, Boynton Beach, Delray Beach, Jupiter and West Palm Beach.last_img read more

Virat Kohli was always a smart cricketer, fitness his strength: Gambhir

first_imgMumbai: Virat Kohli is known as the king of chasing down totals in limited-overs cricket and former India opener Gautam Gambhir believes that the current India skipper has always been a smart operator and that has helped him succeed at the international level. In fact, Gambhir believes that Kohli’s effort to work on his fitness has helped him come a long way as he doesn’t have the strength or ability that some of the top class international cricketers have had over the years. Speaking on Star Sports Cricket Connected, Gambhir heaped praise on Kohli, when asked what makes him so effective in the shortest format, “He was always a very smart cricketer, but then he turned his entire T20 career into a very successful one, just by being supremely fit. Probably because he does not have the strength of Chris Gayle, he doesn’t have the ability of AB de Villiers, he probably does not have the ability of somebody likes Jacques Kallis or Brian Lara. “The biggest strength he’s got is now his fitness and he’s turned that into his game as well, that’s why he has become so successful, so you got to give it to the guy. The most important thing is that he runs really well between the wickets, not many people do it.” Speaking about Kohli’s batting style, Gambhir added, “I think in T20 cricket people forget, people do not give enough importance to dot balls. If you play less dot balls you’re always under less pressure, you could rotate the strike and take a single of every ball. The easiest thing to do in cricket is to hit a six or a four, because ultimately, you’re playing that high-risk shot. If it comes off, everyone loves it. If it doesn’t come off, probably you are back in the pavilion. “But there are very few cricketers in world cricket at this time who can rotate of every ball and that is what Kohli does really well and that’s why he’s different from the rest. You see Rohit, probably Rohit doesn’t have that quality which Kohli has to rotate the strike. Rohit has the ability to hit those big shots, but that’s where Kohli is more consistent than Rohit. Chris Gayle or AB de Villiers don’t have that ability to rotate the strike, especially against spin bowling, but Kohli has that, that’s why he averages 50.” IANSlast_img read more

Linden synthetic track to be completed by end of 2018

first_imgBy Naomi MarshallMELISSA Dow-Richardson, Assistant Director of Sport, has disclosed that the synthetic track at the Bayroc Community Centre ground in Wismar, Linden, is expected to be completed by the end of 2018.Dow-Richardson, along with members of the Public Infrastructure Special Project team and Building team for the Ministry of Education, conducted their third site visit to Linden as it pertains to the synthetic track project on Tuesday.Dow-Richardson described the project as “unique”, adding, “it’s a two-site project, because we got synthetic in Region 6 and we’re placing synthetic in Region 10.”She highlighted that BSW Regupol would have sent their consultants and engineers to do the evaluation of both sites, noting that the Bayroc Community Centre was suitable and welcoming.Lawrence Mentis, Public Infrastructure Head of the Special Project Unit, explained that they will be involved in the surveying component of the project whereby the ground will be totally surveyed with the use of GPS mapping.“The part of the special project we will be playing are two components, the surveying component whereby we go and get the ground totally surveyed. We will have the levels also to determine where the water will be receiving and also we have the testing of the soil,” said Mentis.He further stated that the surveying stage should commence tomorrow and they are hoping that the soil testing and surveying components will be given to the Ministry by Wednesday.Mayor of Linden, Carwyn Holland, stated that he’s “happy to see another project that I was passionate about come on stream. It’s all about Linden. And we’ve been working closely with the athletes and winning the national championships without a stadium. So I know this will be very impactful for Linden.”Construction on the facility is expected to begin within this first quarter of 2018, and it is the desire and expectation of the team to have the track completed by year end.The track will consist of field components – a football pitch, security fencing, drainage, rest room, among others.Back in October 2017, Minister of Social Cohesion, Dr George Norton, who has responsibility for Sport, disclosed that the National Procurement and Tender Administration Board has approved the award of a contract totalling $160M for the construction of two 400m synthetic tracks of which one will be placed in Region 10 and the other in Region 6.The $160M was awarded to BSW Regupol.last_img read more

Syracuse defense smothers N.C. State offense, yet can’t produce turnover in loss

first_imgRitchy Desir sprang for a lofted pass just inside the North Carolina State sideline and beat Bo Hines to the ball, but couldn’t hold onto it.The ball dropped to the Carrier Dome turf. The Wolfpack’s first drive was effectively over, as Niklas Sade came on to kick and make a 43-yard field goal. It was the only way NCSU (5-4, 1-4 Atlantic Coast) could score on the Syracuse (3-6, 1-4) defense for all but 57 minutes and 46 seconds of the game on Saturday, when the Wolfpack beat SU 24-17.“Today I don’t think we did enough, we didn’t create any turnovers,” senior defensive end Robert Welsh said.It was the Orange defenders that brought the 40,787 in to Carrier Dome to their feet. They pummeled N.C. State quarterback Jacoby Brissett for eight sacks and a loss of 58 yards. They held Wolfpack rushers to 3.5 yards per carry and forced eight punts.They also lost, leaving a dominating unit to mourn its inability to force a turnover, to take the ball away from an average offense and give their own, worse offense an extra chance.AdvertisementThis is placeholder text“We know they’re struggling, but I guess you win by percentages,” freshman linebacker Zaire Franklin said. “So if you can keep giving them opportunities, eventually they’re going to score.”N.C. State’s offense barely did. The Orange pass rush got to Brissett too quickly. He could avoid the first blitzer and sometimes the second, but he was held then brought down repeatedly.The heat SU brought became inevitable. As soon as the quarterback saw pressure, his eyes dropped. There weren’t going to be any downfield outlets on the run. Just more of the SU defense swarming to the ball, jumping into each other in celebration afterward and making way for the Orange offense.N.C. State went ahead 17-14 in much the same way Welsh scored against Wake Forest two weeks ago, dropping a defensive end of its own into coverage to run back an interception.The Orange defense couldn’t pull off the feat of sending a 250-pound lineman barreling into the end zone or have one of its defensive backs snare a ball out of the air from a taller opponent.SU’s was beating itself up for not getting a turnover.“I think they beat us in turnover margin and they did score a touchdown, so as far as that, N.C. State, their defense outplayed us today,” Franklin said.He also said that the team relies on the defense for its energy — that regardless of how the offense plays, the team should be able to look at its defenders, smiling, reveling in hit after hit and think “‘Ah man, those guys are really going crazy.’”He added that playing defense for the Orange on Saturday was simply fun. It was fun to watch.Chasing down Brissett was like chasing down Terrel Hunt in practice, Franklin said, just that the SU defense was allowed to hit him.The unit kept N.C. State’s offense off the field for all but 5:25 of the third quarter. But Syracuse scored seven points with its possessions. The Wolfpack scored eight.It left SU head coach Scott Shafer praising a defense that delivered and a team that’s just persevering.“It’s like Monty Python,” Shafer said. “Remember that Monty Python show where the guy loses his arm, loses his other arm, loses his leg, he’s still fighting? That’s our kids right there. We’re just running out of arms and legs.” Comments Published on November 1, 2014 at 10:11 pm Contact Jacob: jmklinge@syr.edu | @Jacob_Klinger_ Facebook Twitter Google+last_img read more

Stage 15 today

first_imgThere’s a chance of a bunched fnish to this stage with challenging conditions in the Rhone Valley likely to affect the cyclists.Chris Froome is still the man to catch after he extended his overall lead yesterday.last_img

(UPDATED) Eagles Lose 2-0 to Croatia

first_imgDemola OjoA first half own goal by Oghenekaro Etebo in the 32nd minute and a second half penalty dispatched by Real Madrid maestro Luca Modric in the 71st were enough to put an uninspired Nigerian team to the sword in Kalinigrad Saturday, as Croatia went top of Group D without playing at their best.The Eagles offered little attacking threat, although Dejan Lovren blocked Alex Iwobi’s shot just before half-time, and Odion Ighalo glanced a Brian Idowu cross straight at goalkeeper Danijel Subasic. Ighalo’s header from Idowu’s cross, in the 59th minute, was the first of just two efforts on target by the Super Eagles, although Leon Balogun went close to heading in from a Moses corner at the start of the second half.Victory takes Croatia top of the group, after Iceland held Argentina 1-1 earlier Saturday. Both Modric and Ivan Rakitic were excellent in their passing, and Croatia threatened more as the game became stretched in the second half.When Croatia did create chances, it was usually their two creative midfielders who were involved. Modric’s fine early cross was guided down by Ivan Perisic for Mandzukic to fire over, while Andrej Kramaric’s header looped just over the crossbar from a Rakitic assist after half-time.Tactical Analysis (Nigeria)The Super Eagles put in a flat and disjointed performance which in truth, wasn’t much of a surprise considering the way they’ve played this year, even in victory over Poland in March.The responsibility lies with the coaching crew who have, rightly, been applauded after Nigeria blitzed through their qualifying campaign for the World Cup.However, the Super Eagles last impressive display was a 4-2 friendly victory over Argentina November last year.A closer look at the Nigerian team suggests the loss to Croatia – just like in friendlies preceding the World Cup – was more of a tactical problem, rather than personnel. By playing two defensive minded midfielders alongside captain Mikel Obi (who has been tasked with playmaking duties further up the pitch even though he has played as a successful defensive midfielder for most of his career), the Eagles have been slow paced, without any urgency in attack.In a bid to shoehorn Mikel into an attacking position, Alex Iwobi – arguably the most creative player in the team – has been shunted to the wings, where he is less effective. Invariably, the Eagles lone striker Odion Ighalo has more often than not, played in isolation.If the Nigerian team are to get positive results against Iceland and Argentina, they must be more proactive with at least, an additional attack minded player in the starting lineup.One of the three substitutes that came on against Croatia – Kelechi Iheanacho, Ahmed Musa or Simeon ‘Simy’Nwankwo – should be jostling for a starting spot. Wilfred Ndidi’s dynamism in midfield – means he is able to play in tandem with Mikel. The Eagles most experienced player is still invaluable to his team. His calm and know-how are needed, and he can still be a playmaker from a deeper position.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Professor Mintah and Saban Quaye to lead Hearts next season

first_imgHighly placed sources close to Hearts of Oak have hinted  sportscrusaders that the Club has agreed terms with former Ebusua Dwarfs coach to replace outgoing Head Coach Mohammed Polo, with Black Stars Team Manager Nii Saban Quaye as Operations Manager of the club.Hearts have endured a torrid time this season after the sacking of David Duncan, but the Board of directors are bent on restoring the Phobian glory with the appointment of the Black Stars psychologist as their new Head Coach next season.“An aid to the Cape Coast lecturer who confirmed this to sportscrusader.com on condition of anonymity, said the Prof has been approached and he will think about the job after the World Cup.He is currently  with the National team and that alone tells how much he has to concentrate, but as we all know you can never say never, the Hearts of Oak job is appealing and too good to turn down now that Togbe Afede is on board so, we will see what turns out.“Prof is ready to coach any team and if an offer comes why not he will take it, but it all depends on the offer at hand, he will steady carefully before accepting the offer.last_img read more