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PFA, RWC, Allianz Global Investors, AXA Investment Managers, ING IM International, Kames Capital, RBC Global Asset Management, Kempen Capital Management, KirsteinPFA – The Danish commercial pensions provider has poached Danske Bank’s global head of corporate and institutional banking Anders Damgaard, bringing him on board as the fourth member of group’s management board in charge of investment and risk management. Damgaard has worked at Danske Bank since 2001, with most of his time there spent within the bank’s Danske Markets business segment. He will take up his new role as group director on 1 January next year.RWC – Rash Patel has joined RWC’s institutional team. He will be working alongside Joanna Lancaster, who is responsible for RWC’s relationships with consultants. Patel joins from MFS International, where he spent eight years looking after relationships with institutional investors in the UK. Before then, he worked at Barclays Global Investors for seven years following several years at UBS, as well as Mercer and Fidelity.Allianz Global Investors (AllianzGI) – Joe Moody, in a newly created role, has been appointed to lead the International Solutions Specialists teams in the UK, the US and Continental Europe, excluding Germany and Japan. Before joining AllianzGI, Moody was senior independent adviser to Pacific Global Advisors. Before then, he worked at State Street Global Advisors in London for 10 years as a managing director. He started his career in investment management 1994 at F&C Asset Management. AXA Investment Managers – Christophe Coquema has been appointed global head of the Client Group, replacing Laurent Seyer, who has decided to leave the €582bn asset manager. Julien Fourtou will succeed Coquema as global head of Multi-Asset Client Solutions & Trading Securities Financing (MACS&TSF) and join the management board. Fourtou, since joining AXA IM in 2000, has occupied various positions across AXA IM’s investment teams, including COO of the fixed income division.ING IM International – ING IM International has appointed Ashish Goyal as head of its Emerging Markets Equity team as of 1 October. He will be tasked with expanding the company’s EME strategies from its office in Singapore. Currently, Ashish is working at Eastsprings Investments, where he has been investment director for Asia Equity, CIO for Asia/GEM Equities and head of Asia Equities for the past 20 years. Robert Holmes will also join the EME team as of 1 September. Based in London, he will be responsible for emerging Europe strategies. Over the last 10 years, he has served as a fund manager within the EMEA region, including seven years with Griffin Capital Management.Kames Capital – Edouard Giraud has been appointed as a business development consultant on the European sales team, focusing on the Swiss market. He joins from MSCI, where he was a sales associate tasked with developing the group’s presence in the UK and Nordic regions. Before then, he worked at Citigroup as a sales assistant for its EMEA Institutions, having previously worked for Société Générale and Inora Life.RBC Global Asset Management – Clive Brown has been appointed chief executive and managing director of RBC GAM International. In this newly created role, he will oversee business in Europe, the Middle East, Africa and the Asia-Pacific region, excluding BlueBay Asset Management. He joins from JP Morgan Asset Management, where he held a number of senior roles, most recently global COO and chairman of Asia. Before then, he was chief executive at JP Morgan Asset Management International.Kempen Capital Management – Maarten Vankan has been appointed senior portfolio manager in the global small-cap team, joining from Cyrte Investments. He has also worked as a portfolio manager at ABN AMRO Asset Management and Aegon AM. According to CIO Lars Dijkstra, the appointment underlines Kempen’s aim to expand its long-term small-cap offering in the Netherlands and Europe.Kirstein – Martin Sønderskov Nielsen has been promoted to head of department for Search & Selection, in which he has worked since 2007. He will be responsible for Kirstein’s monitoring and selection of Danish and international asset managers, peer group analyses and assessments of investment strategies.
FIFA has sold 742 760 match tickets in the first round of sales for the World Cup before Friday’s draw for the finals.The majority of ticket applications came from host nation Russia with 47% from other countries.Prices range from £79 for a second-round group match to £829 for the final. Russian residents have a special category with tickets starting at £17.A second phase of sales will run from December 5 until January 31, 2018.Fans from the United States, Brazil, Germany, China, Mexico, Israel, Argentina, Australia, and England are in the top 10 teams for most applications.“We are very pleased with the results of the first sales phase,” FIFA’s head of ticketing Falk Eller said.“They confirmed the great interest sparked by the World Cup in Russia – both at local and international level.”Fans can submit their applications via the FIFA website for the second round of sales.The most expensive ticket for the 2018 World Cup final at £829 is a £151 increase on the equivalent ticket at the Brazil 2014 final in Rio de Janeiro.There will also be a “last-minute” sales phase from April 18 to July 15, 2018, the day of the World Cup final.The tournament begins on June 14 with Russia playing the opener at the Luzhniki Stadium in Moscow.The World Cup finals draw is on Friday, December 1 at Moscow’s State Kremlin Palace concert hall at 15:00hrs GMT. You can watch it live on BBC Two and the BBC Sport website and app, and listen on BBC Radio 5 live.It will be hosted by former England striker and BBC Match of the Day presenter Gary Lineker and Russian sports journalist Maria Komandnaya.(BBC Sport)
Neff is being challenged by Rick Brandt, a 30-year-old resident with a passion for philanthropy and volunteerism, who says he plans to help the borough “evolve and grow in the 21st century” with improved communication. During a Feb. 25 interview with The Two River Times, Neff said he and the council are monitoring the Fort Monmouth situation, but his focus remains on challenges within the borough itself. “I’m concentrating on the challenges that are of immediate importance to our residents. And it’s not always sexy. It’s bread-and-butter stuff. And it’s our job, mine and the council, to work together and make sure we don’t break the back of the taxpayer while addressing these concerns,” Neff said. This includes his runningmates Donald Galante andcouncil president CorinneThygeson, who are also upfor re-election. “My church has a smartphone app you can download and watch sermons if you happen to miss one. This is inexpensive technology we should be offering our residents because they aren’t always able to make every meeting. We should make it easy for them,” Brandt told The Two River Times. LITTLE SILVER – The race for Little Silver’s Republican mayoral candidate will be decided at the June 4 primary, when two borough men with strong connections to the community face off. “I want to aggressively go after grant funding. There are literally millions of dollars in grants that are sitting out there for communities just like Little Silver. It takes a lot of effort, but it’s something we’ve had a lot of success with at Lunch Break and, if done correctly and assertively, there’s an opportunity to bring significant revenue into the community as well as stabilize taxes,” Brandt said. “It really is a significant expense and the county will not put them in. They always leave it up to the town and that puts a burden on the community. But the council is prepared to dig in and take on some limited debt to get these types of projects done,” Neff added. “And that’s unique to Little Silver. While other towns bond for capital projects, we’ve worked to put ourselves in a position to get it done in the most cost-effective way possible.” Brandt said he also has infrastructure on his mind, but hopes to approach funding for capital projects and beautification initiatives in a different way, and believes his work in the nonprofit sector, including a position on the board of trustees for Lunch Break in Red Bank, could be a big help. Brandt said he is also taking aim at the massive Fort Monmouth redevelopment project. “It’s a unique scenario. The shore area is basically getting a new town put in and it’s happening right next to us. We should be more heavily involved in those discussions because there will be a significant impact to Little Silver, both good and bad. We need to be proactive not reactive,” Brandt said, noting concerns about potential overflow traffic coming through the borough. Little Silver Mayor Robert Neff has announced he’ll make a run for his third consecutive four-year term and has received a full endorsement from the Little Silver Republican Party, as well as backing from all sitting members of the borough council. Neff said sidewalks and curbs can be the most expensive part of any roadwork project and several of the county roads cutting through borough neighborhoods are in need of both, which can be problematic. The mayor pointed to theupcoming hearing on LittleSilver’s affordable housingsettlement, as well as schoolfunding reforms needed atthe state level, as at the topof the list of priorities. Rick Brandt But no topic was morepressing for Neff than localinfrastructure, including theinstallation of sidewalks andcurbing in various parts ofa community known for itsfoot traffic. In order to better understand community needs, Brandt said he has embarked on a journey to knock on the doors of all 2,498 Little Silver households. During those conversations with homeowners Brandt said he is collecting data and, after approximately 850 doors, he is beginning to see trends, though he is not ready to speak about his findings. Despite the effort and Brandt’s service time on the recreation committee and shade tree commission, Neff said it’s experience that sets these two candidates apart. The fort’s Oceanport Avenue entrance is located less than a mile away from the Little Silver train station and Brandt believes the time is now for the borough to get involved in the revitalization efforts of the 1,127-acre parcel and its approximately 1,000 standing structures that stretch across portions of Eatontown, Tinton Falls and Oceanport. “It’s important to have someone in place with a real sense about how government works; with a desire to make people happy, but an understanding that you can’t be successful at that 100 percent of the time,” said Neff. “There are going to be tough decisions you need to make. I’ve helped make those decisions with over a decade of service in our municipal government. That experience is an enormous advantage.”
After a rousing rendition of “Celebration” by Kool and the Gang, Cindy Zipf, executive director of Clean Ocean Action (COA) based in Long Branch, said, “Congratulations! We beat NESE!” and apologized for getting a little emotional. “This is truly a remarkable, remarkable victory,” she said, thanking all the volunteers who worked to reach this outcome through petitions, letters, rallies and calls to elected officials. She also recognized the COA staff “who all worked very, very hard over the last year and a half…to bring this victory.” “Our air, bay and ocean are safe for now!!” Zipf said in an email to The Two River Times. On the Zoom celebration, Matt Smith from Food & Water Watch also thanked all the volunteers and elected officials who helped achieve this outcome. “This win is about us, right? This win does not happen without thousands of us taking action here in New Jersey, without so many dedicated volunteers… without a strategic coalition that really fought over a historic four-year campaign with a singular goal of getting Gov. Murphy to reject these permits,” he said. “This is a great victory and a great modelof working together at both the local leveland with elected officials,” he said. According to Smith, this was the first time New Jersey stopped a project already approved by the Federal Energy Regulatory Commission (FERC), the agency that regulates the interstate transmission of natural gas. More than 100 people logged on to a Zoom meeting held by local environmental organizations Monday, May 18 to celebrate the denial of permits by Gov. Phil Murphy for the Transco Northeast Supply Enhancement (NESE) project. By Elizabeth Wulfhorst Peter Blair, the policy attorney for COA,thanked everyone for making sure NESE“remained a proposal and never a reality.” PATRICK OLIVERO Rallies like this one in 2019 organized by Clean Ocean Action and other grassroots coalitions helped lead to the denial of permits by both New Jersey and New York officials for a proposed natural gas pipeline under Raritan Bay. “When we come together and stay together with that singular focus to hold our elected official accountable,” goals can be accomplished, Smith said. And Jeff Tittel, the director of the New Jersey Sierra Club, who called Gov. Andrew Cuomo of New York and Murphy the “Batman and Robin of the environment,” said getting people involved, putting pressure on elected officials and educating the public were the keys to success. The article originally appeared in the May 21 – 27, 2020 print edition of The Two River Times.
QPR are unbeaten on their last three trips to HuddersfieldQPR will want to banish the memories of Tuesday’s 6-0 hammering by Newcastle when they travel to Huddersfield on Saturday. The Championship leaders were also beaten in midweek – their first league defeat of the season.Kick-off: 3pm, Saturday 17 September 2016Referee: Simon Hooper (Wiltshire)BetVictor.com preview: Humiliated by Newcastle, QPR can get a point at HuddersfieldVital statistic: QPR are undefeated in their last six matches against Huddersfield in all competitions. Injuries and suspensionsHUDDERSFIELDRuled out: Joe Murphy (shoulder), Joe Lolley (foot).QPRRuled out: Jamie Mackie (ankle), Jack Robinson (knee), Ben Gladwin (ankle), James Perch (knee).Fitness test: Sebastian Polter (glute), Massimo Luongo (illness). Possible starting line-upsHuddersfield: Ward; Smith, Hudson, Schindler, Lowe; Mooy, Hogg; Kachunga, Payne, Van La Parra; Wells.QPR: Smithies; Onuoha, Caulker, Hall, Bidwell; Henry, Cousins; Wszolek, Chery, Ngbakoto; Sylla. Facts and figuresFORM GUIDE (last five league matches)Huddersfield: L W W W D (10 points) • Home: W W W L D (10 points)QPR: L D W L L (4 points) • Away: W L W L L (6 points)TOP SCORERS (league only)Huddersfield – 1: Hefele, Hogg, Kachunga, Lowe, Mooy, Palmer, Payne, Van La Parra, Wells.QPR – 4: Chery; 2: Onuoha, Polter; 1: Caulker.LAST FIVE MEETINGS28 Dec 2015: QPR 1 Huddersfield 129 Aug 2015: Huddersfield 0 QPR 118 Jan 2014: QPR 2 Huddersfield 110 Aug 2013: Huddersfield 1 QPR 13 Mar 2003: Huddersfield 0 QPR 3Huddersfield 0 wins, QPR 3 wins, 2 drawsSee also:Hasselbaink defends selection after QPR debacleFerdinand dismisses reports Pulis could take over at QPRQPR’s Perch to undergo knee scanQPR were humiliated by Newcastle but can get a point at HuddersfieldFollow West London Sport on TwitterFind us on Facebook
Share Facebook Twitter Google + LinkedIn Pinterest Warmer air surges into the region today thanks to strong south flow coming up the backside of high pressure. This south flow will also bring moist air north ahead of our next weather system that impacts the rest of the week. Temps today should be 10-15 degrees warmer than yesterday in many parts of Ohio. Sunshine dominates, although we may see some offshoot clouds from Michigan and southern Ontario in far northern parts of the state from time to time. It should not be a big deal. Tomorrow we will see clouds move back into the region, and those clouds can trigger some scattered showers or thunderstorms. The action tomorrow is somewhat hit and miss and may end up being more of a factor in far NW Ohio, Indiana, influenced by a disturbance that meanders through the Great Lakes today. Still, though, we don’t want to get too cute with the forecast tomorrow. At this time, we think moisture tomorrow will be limited to 40% coverage. However, it is just the beginning of a much wetter period. On Thursday we have rain and thunderstorms spreading across the state with the potential for some strong to severe weather Thursday night and Friday morning. The heaviest rains come in that Thursday night into early Friday morning period, particularly from near midnight through sunrise, and we may see a couple of waves of heavy rain and thunderstorm action in central and southern Ohio. Showers linger through the balance of Friday and Saturday, but with much lighter intensity and lower coverage. On Friday, lingering showers can bring a few hundredths to .5” to 70% of the state, while Saturdays action triggers a few hundredths to .25” over 60% of the state. Overall, rain totals from tomorrow through Saturday early afternoon will be from half to 1.5 inches, and we have concern about rains over 2” in a few parts of the state, especially west central and NW Ohio. The map at right shows storm total precipitation potential through Saturday. We turn out partly sunny on Sunday and see a mix of clouds and sun on Monday, with temps near normal. The rest of our forecast for the 10 day window is unchanged, with rains returning next Tuesday, spreading across the state from NW to SE. We end up with 75% coverage over the state for Tuesday with rains of .25”-1”; thunderstorms are likely. Then Wednesday we see rains concentrate more on the southern half of the state, with a few hundredths to .4”, mostly from I-70 south. Again, no significant drying there. We have a couple of tweaks to the extended period. Dry weather still is in to start for next Thursday and Friday, but rains are looking to redevelop sooner, for the following weekend, and then on and off rains are likely through the turn of the month. Daily or event totals are not large, a quarter to half an inch, but with the new look at frequency in these rains, we still look to see limited drying into early May. The one thing that may be helpful in the extended period is that coverage of the rains may be closer to 60%…allowing for parts of the state to miss out. Those will be the areas to watch as we move forward, because we anticipate the need to adjust and change out look at the turn of the month in coming forecasts.
TagsTransfersAbout the authorFreddie TaylorShare the loveHave your say Sampdoria lodge offer for Southampton striker Gabbiadiniby Freddie Taylor10 months agoSend to a friendShare the loveSampdoria have lodged an offer to sign Southampton striker Manolo Gabbiadini on loan, with an obligation to buy at the end of the season.According to Sky Italia, the fee will be £10.75m.The Italian has scored 12 goals in 60 appearances for Saints since joining from Napoli in 2017.Manager Ralph Hasenhuttl confirmed at the weekend that Gabbiadini was free to choose where he would like to go, with Real Betis and AC Milan also interested in his services.”Sure [they have had bids], we have to decide and he has to decide where he wants to go,” said Hassenhuttl.”There are a few teams interested in Manolo, we will have a look and if there’s a result, we’ll tell you.”
Wijnaldum tempers Liverpool pressure: We’re not champions yet!by Ansser Sadiq16 days agoSend to a friendShare the loveLiverpool midfielder Gini Wijnaldum has tempered expectations around the club this season.The Dutch midfielder does not want fans to get carried away with talk of winning the Premier League.While it is only October, the Reds have an eight point lead and have not dropped a single point in their domestic campaign. But Wijnaldum knows that things can change very quickly.The Dutch midfielder told Sky Sports: “We don’t want to think we are already champions. That would be a really wrong thing to do.”I’m sure the manager will keep us with our feet on the ground and say that we just have to think about ourselves, and try to play good and try to give 100 per cent every week.”We just have to do what we did before and look at ourselves and not look too much to other teams because we don’t have influence on other teams – we can’t control the performance of other teams.”We just have to make sure we are ready for the games that are to come and to make sure we are ready and try to have good results because we know that it can change quickly.”Then at the end of the season we will see where we stand.” About the authorAnsser SadiqShare the loveHave your say
RIO DE JANEIRO – Brazilian President Michel Temer announced a handful of measures late Sunday aimed at getting truckers to end a crippling strike that has had a wide impact in Latin America’s largest nation.Temer, a lame duck president who is deeply unpopular, said the price of diesel fuel would drop by 0.46 reals (US$ 0.13) per litre for 60 days, about a 10 per cent drop compared to the price before the strike began. Temer said the government would pay the difference between the price set by state oil company Petrobras and the reduced cost.Temer also said he was crafting measures to reduce some tolls and establish minimum freight rates, key demands by truckers whose shutdown has brought much of the country to a halt. Congress this week was also expected to debate various measures aimed at ending the shutdown.Whether the changes will be enough to get truckers back to work remains to be seen. An announced “agreement” between the government and transportation unions last week was ignored by thousands of truckers, who continued striking.While Temer spoke late Sunday, in Rio and Sao Paulo the banging of pots could be heard, a form of mass booing of unpopular politicians in Brazil.Over the last week, thousands of schools have cancelled classes, many flights have been grounded and gas stations have emptied, bringing much commerce to a halt.Through it all, Temer’s administration has struggled to confront the stoppage, exposing a yawning gap between politicians in the capital of Brasilia and thousands of truckers who are key to keeping Brazil running, in part because the commodity-rich nation has no significant rail or canal system to move goods.On Friday, Temer said he would have the army and police use force if necessary to remove thousands of truckers who parked along highways and roads nationwide. That prompted more hackles than fear from truckers. Soldiers made no moves against truckers, though they did serve as convoys for some fuel shipments.On Sunday, Gen. Eduardo Villas Boas, head of the Army, even tweeted that negotiation was the best way to avoid conflict.The price of diesel has risen sharply in recent months as world oil prices have gone up and the real has devalued against the U.S. dollar.The shutdown comes at a time when Brazil is struggling to recover from a deep recession and many people are furious at much of the political class because of a massive corruption scandal that involved inflated construction contracts and billions of dollars in kickbacks.
Immigration, in the words of historian Roger Daniels, is a fundamental human activity. Can it be restricted? Most immigrants use air routes to enter foreign countries, and these routes are almost entirely controlled by authorities in both the sending and receiving countries. The land and sea routes are somewhat less easy to monitor but, given modern surveillance technology, not entirely outside the realm of enforcement.Yet only a few island nations such as Australia and Singapore claim to micromanage immigration flows with success. Elsewhere, immigration enforcement is littered with failures, including in the United States, the United Kingdom, Germany, Spain, France, and Italy—countries that should by now be veterans in the enforcement business. With modern surveillance technology, these countries could, if they chose to allocate the required resources, monitor each and every entry and exit. It would be a messy and costly exercise. Also Read – Torpedoing BengalTake Donald Trump’s January 2017 executive order to restrict refugees and travelers from seven Muslim countries. Together these countries constitute a tiny slice of the overall number of international travelers to the United States. Even so, the executive order caused chaos at international airports, protests in major American cities, complaints from friendly governments around the world, and lawsuits from American corporations, universities, and local and state governments. Imagine the anarchy and economic effects a major restriction on travel and immigration would create! Also Read – Educational model of coexistenceWelcome to the twenty-first-century global economy. Crossborder mobility is integral to its functioning. The economic, administrative, and humanitarian toll of any major immigration restriction would be enormous, and nations contemplating these notions have to ask whether they are willing to pay the price. The simple fact is that, as I document below, restricting immigration in the twentyfirst century is not possible without substantially depressing overall cross-border mobility. Effective restrictions on immigration require controls on other types of international travels for tourism, schooling, business, and employment. Yet in the current paranoia when Marine Le Pen of France, Viktor Orban of Hungary, Matteo Salvini of Italy, Geert Wilders of Netherlands, Nigel Farage of the United Kingdom, Donald Trump of the United States, and other right-wing leaders demand restricting immigration and expelling immigrants, they do so without reference to restrictions on international travel. Advocates of anti-immigration policies generally want to restrict immigration but not international travel for business and tourism, in particular of their own citizens. Such travel not only greases the wheels of the global economy but also directly contributes substantially to global economic output. Yet failure to acknowledge the link between immigration and other kinds of cross-border mobility reflects incomplete understanding of immigration in the twentyfirst century. The New Immigration Critics argue that if immigration restrictions did not have a disastrous effect on the world economy a century ago when the United States clamped down on immigration with a series of laws culminating in the Immigration Act of 1924, why would it be any different now? The answer lies in the difference between immigration today and one hundred years ago; the differences in global interdependence and globalization today and one hundred years ago. Let’s start with the differences in immigration over the past century. Immigration in the 2010s is a tiny fraction of cross-border mobility. The World Tourism Organization periodically publishes estimates of international tourists. By these estimates, in 2016 there were 1.2 billion international tourist arrivals. This statistic pertains to the number of individual trips, not travelers. A tiny minority travels across national borders ten or more times a year, but the vast majority engages in international travel for tourism just once or twice a year. I asked a number of immigration historians, demographers, economists, and political scientists for a reasonable estimate of the average number of trips per international traveler. The response: it’s difficult to guess. But they unanimously agreed that it would be fewer than five. Assuming that on average each international tourist makes three trips a year, that would be 400 million international tourists; assuming that they make five trips a year, the number goes down to 240 million. To this must be added other nonimmigrants, such as students, scholars, and individuals traveling for work, if we are to arrive at an estimate of the overall size of annual cross-border movement. Compare that to the number of people who emigrate globally: about five million a year, according to data from the International Organization for Migration. The number of individuals engaged in international travel is at least fifty times the annual immigration, and possibly even larger. By contrast, in the early decades of the twentieth century crossborder mobility for tourism and business was modest. The cost, time, risk, and sheer uncertainty of long-distance travel were major impediments to international mobility. On average in 1900 it took four to six months via sea to travel from Bombay to London, a journey that can now be completed in just eight hours by air. There were no designated ships leaving Bombay for London every day or even every week. In January 2017 every day there were at least seven nonstop flights between the two cities, and eighty flights with one or more stops in other cities. Then, thousands of rich Chinese, Korean, and Japanese tourists just did not fly to Paris or London or New York for a weeklong vacation or for an extended weekend as they do in the twenty-first century. Then, cross-border travel for tourism and business was not as big a driver of economic growth as it is in the twenty-first century. In 2016 international tourism was a $1.5 trillion industry globally; China had 120 million inbound and 130 million outbound tourists. The United States received 74 million international tourists, and about the same number of U.S. citizens traveled abroad, of which about half traveled outside North America. Immigration in the 2010s is far more global than it was in the early 1900s, in terms of both origins and destinations. In the early 1900s most immigrants were from Europe, and most headed to the Americas. In the 2010s immigrants come from all across the globe. In 2016 the top regions of origin were Asia (49 percent of global immigration), Latin America (18 percent), Eastern Europe and Central Asia (16 percent), and the Middle East and North Africa (14 percent). Then, all the leading countries of origin were in northern and southern Europe. In the early decades of the twenty-first century all the top ten sending countries are outside Europe. The geographic landscape of immigration has reversed in many places: immigrant origin nations of the early twentieth century (Italy, France, Ireland, Spain) have become destinations, and countries that were once destinations (Brazil, Argentina, Chile) are now origins. Demographic projections suggest that by 2050, Africa will emerge as one of the biggest sources of emigration to Asia, Europe, and North America. (Excerpted with permission from Blaming Immigrants; written by Neeraj Kaushal; published by Columbia University Press. The excerpt here is a part of the chapter titled ‘The Costs and Benefits of Restricting Immigration’.)