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Eight English LGPS lead effort to create £35bn asset pool

first_imgEight English local authority funds have agreed to pool £35bn (€47.7bn) worth of pension assets, creating the largest asset pool confirmed to date.The partnership, announced by the largest participating local government pension scheme (LGPS), the £11.5bn West Midlands Pension Fund, will aim to set up a multi-asset pool by April 2018, according to a statement.“The collaboration,” the statement adds, “will aim to deliver cost savings and to build on the individual participating funds’ strong investment performance by providing scale, increased resilience, knowledge sharing and robust governance and decision-making arrangements.”Five of the eight participants – the Cheshire Pension Fund, the Nottinghamshire Pension Fund, the Shropshire County Pension Fund, the Staffordshire Pension Fund and the Worcestershire County Council Pension Fund – were last month part of a joint procurement exercise that saw seven schemes award Legal & General Investment Management £6.5bn in mandates. The Derbyshire County Council Pension Fund and the fund for employees of the West Midlands Integrated Transport Authority will also join the asset pool.The joint statement said individual funds would retain their separate identities, in line with the other pooling proposals announced to date, and that it would give each fund access to internal and external investment managers.The West Midlands Pension Fund already runs more than 40% of its assets internally.In its most recent annual report, it estimated that its current in-house team led to savings of nearly £25m a year, and said a new internal active global equity mandate would be in place by the end of the 2015-16 financial year.At the end of March 2015, West Midlands had equity holdings worth £6.7bn, of which the passive UK and overseas holdings were managed internally.The Midlands asset pool is the largest announced to date, followed by the London CIV.Nine funds in the South West of England are also planning an asset pool worth more than £20bn, but only the Midlands venture and the London CIV so far comply with the £25bn target for pooling set by the Department for Communities and Local Government as part of its attempt to create scale among the 90 LGPS in England and Wales.last_img read more

Indiana sends troops for hurricane relief

first_imgIndianapolis, In. — About 100 men and women from the Indiana National Guard 38th Infantry Division and the 181st Intelligence Wing are in Florida assisting with hurricane response efforts.“The National Guard stands trained and prepared to assist authorities protect lives and property,” said Maj. Gen. Courtney P. Carr, the Adjutant General of the Indiana National Guard. “This is a core competency of this organization and we focus on being ready when called.”The group is posting updates on their Facebook page at https://www.facebook.com/IndianaGuardsmanlast_img read more

OA Hosts Incoming Freshman Scholarship Banquet

first_imgOldenburg, In. — Oldenburg Academy honored the Class of 2022 Freshman Scholarship Recipients on Wednesday, April 11, in the OA Gym.  OA President, Diane H. Laake welcomed the 26 recipients, their families, and distinguished benefactors to the ceremony and assisted with the presentations of the scholarships.Sr. Marjorie Jeanne Niemer, OSF, presented the Mother Theresa Hackelmeier Scholarship to Logan Sydzyik for achieving the highest score on the OA Placement Test.  Logan attends Sunman-Dearborn Middle School and is the son of Don Sydzyik and Laurie Sydzyik.  Logan also received the Herb and June Moenter Music Scholarship presented by Mr. Keith Moenter and Mrs. Brenda Moenter- Moorman.Ms. Brenda Meyer presented the Connie Prickel Metz ’51 Scholarship to Eli Lamping.  Eli attends Batesville Middle School and is the son of Amanda Lamping and Josh Lamping.Mr. Dale Werner and Philip Werner presented the Becky Orschell Werner Scholarship to Augustus Harlow.  Augustus attends St. Mary School in Greensburg and is the son of Tracey Harlow and Rex Harlow.  Augustus also received a Presidential Scholarship.Mrs. Dottie Hoff presented the Cleophas William and Mary Elizabeth Moll Tebbe Scholarship, on behalf of Rev. Francis S. Tebbe, O.F.M., to Griffin Pitzer and Spencer Mack.  Griffin attends St. John the Baptist School in Harrison, OH and is the son of Greg and Melissa Pitzer.  Spencer attends St. Louis School in Batesville and is the son of Pete and Deb Mack.Mr. Jim Bruns presented the Holly Ann Bruns ’74 Memorial Scholarship to Lillian Eldridge, Greg Kline, Frank Moorman, and Jenna Kohrman.  Lillian attends North Decatur Junior High School in Greensburg and is the daughter of Matt and Penny Eldridge.  Greg attends St. Nicholas School in Sunman and is the son of Bryan and Marie Kline.  Frank attends Batesville Middle School and is the son of Dale and Tara Moorman. Jenna attends St. Mary School in Greensburg and is the daughter of Rick and Deb Kohrman.Ms. Diane H. Laake presented the following memorial scholarships on behalf of their families and benefactors.The Maria Duerr DeJaco ’48 Scholarship was presented to Emma Back of St. Michael School in Brookville. Emma is the daughter of David and Melanie Back.The Brenda S. Vogelsang ’84 Academic Achievement in Science Scholarship was presented to Isabelle Hornbach of Sunman-Dearborn Middle School.  Isabelle is the daughter of Doug and Bridget Hornbach.The Mildred J. Hillenbrand Scholarship was presented to Brett Wagner of Batesville Middle School.  Brett is the son of Andrea Ferkinhoff and William Wagner.The Judith Heinlein Class of 1958 Scholarship was presented to Annalise Hudepohl of St. Nicholas School in Sunman. Annalise is the daughter Andrew and Angela Hudepohl.The William A. and Martha H. Hillenbrand Scholarship was presented to Joseph Suttmann and Elizabeth Gigrich.  Joseph and Elizabeth attend St. Louis School.  Joseph is the son of Michael and Anne Suttmann. Elizabeth is the daughter of Todd and Susan Gigrich.The James E. Fritsch Scholarship was presented to Abe Streator.  Abe attends St. Louis School and is the son of Randy and Amy Streator.  Abe also received a Presidential Scholarship.Mr. Brian McFee, OA Principal, presented the following academic achievement scholarships to the Class of 2022.  These scholarships were based on the students scores on the OA Placement Test and achievements the subject areas.The Academic Achievement High School Placement Test Scholarships were presented to Elijah Waggoner of St. Michael School in Brookville and Kathryn Voegele of St. Louis School.  Eli is the son of Jeff and Brenda-Wilhelm Waggoner.  Kathryn is the daughter of Robert and Angela Voegele.Presidential Scholarships were presented to the following students.  Amelia Austin attends St. Louis School and is the daughter of Dr. Trent and Carla Austin. Elizabeth Cornett attends St. Louis School and is the daughter of Kevin and Tanner Cornett.  Kate Walke attends Batesville Middle School and is the daughter of James Walke and Tara Walke.The Academic Achievement in Math was presented to Joshua Newman of Greendale Middle School.  Josh also received a Presidential Scholarships.  He is the son of Kipp and Cindy Newman.The Academic Achievement in English was presented to Caleb Lehman of St. Louis School.  Caleb also received a Presidential Scholarship. He is the son of Chris and Jennifer Lehman.The Academic Achievement in Art was presented to Annabelle Kuhlmann of St. Lawrence School in Lawrenceburg.  Annabelle is the daughter Scott and Ashlee Kuhlmann.“OA is very grateful to the many families and individuals who have established and continue to support named scholarships that honor the life and legacy of someone who has been positively impacted by the Academy.  This helps to ensure that these incoming freshmen will all have the same opportunities for academic challenge, creative expression in the fine/performing arts, and a deepening of their faith found here at OA,” commented Ms. Laake.“The Freshman Scholarship ceremony was a great success, providing scholarships to the best and brightest students around!  These opportunities established allow students of all backgrounds to attend the Academy and receive an excellent Catholic education with a rich tradition,” commented Mr. McFee.last_img read more

Mullins big guns on course

first_imgWillie Mullins has confirmed his big guns on course for the Punchestown Festival later this month. The trainer had five winners at the Cheltenham Festival, including an opening day treble when Champagne Fever claimed the Supreme Novices’ Hurdle , Hurricane Fly regained his Champion Hurdle crown and Quevega raced into the history books with a remarkable fifth win in the OLBG Mares’ Hurdle. With that trio set to be joined by the likes of Cheltenham Gold Cup runner-up Sir Des Champs at Punchestown, Mullins looks set to dominate once again. “All our top horses appear to have come out of the big meetings at Fairyhouse and Cheltenham in good form,” he told At The Races. “We’ll be working them on Tuesday and maybe again later in the week and then we’ll decide their targets, although the likes of Hurricane Fly have obvious targets.” Hurricane Fly will be aiming for a fourth straight win in the Rabobank Champion Hurdle on April 26, while Quevega will be aiming for her fourth win in the Ladbrokes World Series Hurdle 24 hours earlier. Sir Des Champs will be lining up in the Bet Online With TheTote.com Punchestown Gold Cup on April 24. center_img Press Associationlast_img read more

U.S. Marshals Arrest Man in Miami for Shooting 8 People at Texas Bar

first_imgThe charges stem from a shooting that occurred last Friday in which a man with a rifle, who is believed to be Crew, began shooting at a group of people in the parking lot of a venue called Rebar.San Antonio police Chief William McManus says the man was part of a group that had been turned away from the bar due to being “inebriated.”McManus explains that the man asked: “Don’t you know who I am? I’m a UFC fighter from California.”He then obtained a gun from his car.Crew was arrested without incident and is in being held without bond at the Miami-Dade County Jail, according to jail records. Federal agents in Florida have arrested a man who is charged in a shooting that injury eight people outside a Texas bar last week.U.S. Marshals arrested 37-year-old Jenelius Crew on Thursday morning as he left a Miami hotel, San Antonio police announced in a statement.He faces eight counts of aggravated assault with a deadly weapon, according to police.last_img read more

McIntyre feels SU ‘moves boulder’ in coach’s debut season

first_imgSyracuse men’s soccer has started to move the boulder. So says first-year head coach Ian McIntyre. In the first season — a season in which McIntyre’s team was primarily comprised of newcomers — SU was simply making that first push. It was building a team, establishing a core, learning to play as a unit and slowly trying to set the boulder that is the SU soccer program in motion. Although McIntyre said the 2-10-5 season was ‘disappointing’ given the high hopes for the program, he realizes this season was just the first step. ‘There’s high expectations in this program and that’s exciting,’ McIntyre said. ‘We feel that we have a bright future. But you understand. You use the metaphor that you’ve got to get this boulder moving, and the hardest work is always that initial force required and then as things get rolling, things get a little easier.’ The team had the fewest wins of any SU team since 1971. It was unable to score in nine of its 17 games and amassed just 10 goals the whole season. But much of this disappointment is likely a result of the fact that this was a building year.AdvertisementThis is placeholder text Coming into the season, 10 players on a team of 30 were returners. The team had no base to build from. The only way to describe the hodgepodge of returners, transfers and freshmen was ‘new.’ It was this newness that encompassed the team all season. There was an upside for many of the returners as they were given a fresh start, but on the field a lack of familiarity was apparent. For the transfers and the returning players, the new coaching staff and the changes to the team meant getting to start over. Particularly for the returners who endured a season of intra-team conflict over the ultimate firing of former head coach Dean Foti, the clean slate was important. Sophomore David Neumann said particularly after a bad season last year (3-15-0), it gave the players new hope. ‘Coming into the season with a fresh outlook, new faces, it was like we were starting over again,’ Neumann said. ‘Almost like it was my first year again, being able to start over.’ Yet the team had little time to mature, individually and together. It took some time for players to figure out where their teammates would be, junior Nick Roydhouse said. The communication issues often led to turnovers and kept the Orange from stringing passes together. During the course of the season, four freshmen got playing time. Brett Jankouskas and Robbie Hughes started most of the games. But having such young players can be challenging. McIntyre said they had to get used to the physicality and speed of college soccer, which takes time. The burden was placed on them to truck on anyway. ‘We’re a work in progress,’ McIntyre said. ‘We will continue to evolve as a team. A lot of young players got a lot of experience this year. … And perhaps players that we would have liked to have slowly introduced to our program and Division I soccer really had a baptism by fire this year.’ Looking ahead, however, the Orange has established its core group. In the offseason, Neumann anticipates the players will continue to work on getting to know each other. This will specifically take the form of ball work, to eliminate the communication issues. And with the season only over for four days, the team was already back on the field running. It struggled with fitness throughout the season and was unable to catch up given the short time between games. Next year there will be no excuses. As Roydhouse said, ‘You can never be too fit.’ So with the first push behind it, Syracuse continues to get that boulder up to speed. ‘We’ve got a really good core group now to work off,’ Roydhouse said. ‘Everybody kind of knows what’s going on. And it will be easier for new players to come and just to see what’s happening from the players that are already here so they can catch up and join them.’ alguggen@syr.edu Published on November 3, 2010 at 12:00 pm Commentscenter_img Facebook Twitter Google+last_img read more

Rau leaves UW soccer program after rough spring

first_imgFormer Wisconsin goalie Chase Rau elected to transfer to Western Michigan University following a tumultuous spring where he lost hold of his starting position and reportedly, his place on the team.Multiple reasons converged to put Rau in the position where he chose to leave Wisconsin in April with head coach John Trask signing his release, allowing him to play immediately the following season at the university of his choice.Trask cited a number of reasons for Rau’s departure, including academics and “things that obviously would not be public information.” One main reason seemed to be a disparity with scholarship money.Rau, an out-of-state student-athlete from Sparta, Mich., declined to go into specific detail about his scholarship at Wisconsin but said it covered more than half of his tuition costs (out-of-state tuition at Wisconsin was $26,634 for the 2012-2013 academic year). He also disclosed Trask and Rau “didn’t necessarily agree on [the] scholarship.”“Initially, our agreement was, if I came in, I would be at this much, and if I got the starting position, that money would go up,” Rau said. He took over the starting position in just the fourth game of the season. “I was fortunate enough to get the starting position, and he couldn’t afford to give me that money.“That’s just the way it is, I understand. Essentially, I could have stayed, but at the money they were giving me, I couldn’t afford to go to [Wisconsin] at that price.”Spreading scholarship money across a team of 24 players is one thing, but graduating only two seniors in 2012 and welcoming six incoming freshmen makes it even more difficult. In addition, a majority of the scholarship money is allotted to the Wisconsin’s large senior class, which comprises more than half of the student-athletes on the roster.However, sources have said that Rau’s exit came amidst strange circumstances this spring.Of the aforementioned factors, what Trask said “would not be public information” may have been Rau showing up to a spring practice “very, very, very hungover,” according to a Wisconsin player who spoke on the condition of anonymity.According to the player, Rau was struggling in spring practice and had lost his leg-up in the goalkeeper competition – one that included senior Max Jentsch, who split time with Rau in 2012.To compound the situation, Rau had reportedly approached Trask about his scholarship before refusing Trask’s offer to find a better situation at another university.That’s when, according to the player, Rau showed up to practice extremely hungover.“That’s when coach decided he was going to find him a new place to play,” the player said. “Chase showing up to practice basically drunk was the last straw for coach.”Another UW player, who chose to remain anonymous, was at that practice and detailed what he heard from teammates.“I didn’t really see [much of] Chase at the practice because he was off doing his own goalie stuff, but what people said was basically, he was talking to the coaches and they smelled the booze on his breath, so that tipped them off.“Nothing really happened, no one knew about it, and then [a couple days later] coach called us in before one of our practices and announced that Chase was not going to be returning to the team.”Trask was much more guarded about the incident. When asked to explain if Rau showed up to practice intoxicated, Trask declined to comment. When Rau was asked, he held similar ground.“I don’t know if I should comment on that,” Rau said. “I heard that coach Trask hadn’t commented on that either, because he didn’t want that information to be public.“I don’t know who told you that I was hungover. I definitely was not hungover. I don’t know if I should comment on that,” he continued.Not long after that phone interview with the Herald, Rau followed up with a text: “To comment on what my teammate had said about coming to practice hungover, that situation had nothing to do with my decision to leave Wisconsin.”The Badger Herald first learned of the incident from a source close to the program last spring.Although the UW Athletic Department never formally announced Rau’s departure, Trask told The Badger Herald Wednesday the decision for Rau to part ways with the program was in place for some time and had been made during the winter and spring, collegiate soccer’s offseason.However, Rau remained listed on the Wisconsin roster on uwbadgers.com until being removed from the list early in July.Rau started 15 games during his lone season in Madison, earning Big Ten Defensive Player of the Week honors three times, a tie for most in the conference. He was passed over for Big Ten postseason honors after splitting playing time with Jentsch.Western Michigan head coach Chad Wiseman confirmed Rau’s transfer in an email to The Badger Herald Thursday and said Rau would be able to compete from day one with the program.“He has an entire year of starting Big Ten experience under his belt,” Wiseman wrote. “We think we have one of the best goalkeepers in the [Mid-American Conference] and the Midwest.”However, Wiseman did not answer a question about the aforementioned spring practice.If he wins the job, Rau could be stepping onto the pitch against his former Wisconsin teammates when Western Michigan visits Madison for a non-conference game Sept. 6.Rau remained complimentary of the way Trask and UW handled his exit. He said he holds “no hard feelings” against Trask and the Wisconsin program and is happy at Western Michigan, where he is currently enrolled in summer courses.“Things worked out good for me at Western [Michigan],” Rau said. “I feel like this is where my life should be right now. I’m grateful for the efforts that coach Trask has put in to make my life work out the best for me.”last_img read more

This week in esports: Overwatch League, EnVyUs, Betway and VfL Bochum

first_imgIt’s been a huge week of news in esports, both from a business side and consumer side. News of the Overwatch League has been long overdue and finally Blizzard has revealed a start date, as well as confirming the final three slots for the inaugural season. Away from Overwatch and EnVyUs has secured huge investment from an oil tycoon, Betway and NiP have rekindled their romance and VfL Bochum has become the first Bundesliga 2 team to enter esports through FIFA. Overwatch League confirms 12 cities and start date Image courtesy of BlizzardAlthough still later than initially planned (quarter three of 2017), the Overwatch League preseason fixtures will get underway on Wednesday December 6th 2017, with the official season starting on Wednesday January 10, 2018. Additionally, Blizzard has revealed that Philadelphia, Dallas and Houston are the final three destinations for the inaugural season of the Overwatch League. The Philadelphia franchise will be owned by sports and entertainment company Comcast Spectator, which manages stadiums, arenas and venues across the world and also owns the Philadelphia Flyers, a professional hockey team. The two Texas franchises will be heading to two more familiar faces. Team EnVyUs, following news of large investment and a relocation to Dallas will indeed be taking the spot in Dallas. EnVyUs are a team that have been in Overwatch for a long time and have kept faith. Their current roster is considered up there with the best so it wouldn’t be surprising to see them enter the inaugural season with very few changes.The other franchise in Texas will be Houston. The Houston franchise will be taken up by esports juggernaut OpTic Gaming, a team very well versed and highly regarded in FPS titles already. The fan base, dubbed the “green wall” are amongst the most raucous in esports so this is a move that will most definitely generate interest.Read the full article here.EnVyUs secure huge investmentTeam EnVyUs has confirmed a large multi-million investment from the Hersh Interactive Group. The figure is believed (according to ESPN reports) to be around $35,000,000 (£25.9m) and is comfortably one of the largest investments in an esports team to date. Confirming for all of you today that we have accepted a multi 8-figure investment from a great new partner in the Hersh Interactive Group.— Mike Rufail (@hastr0) September 18, 2017The deal was confirmed on Twitter last night by owner Mike “Hastr0” Rufail, saying “Confirming for all of you today that we have accepted a multi 8-figure investment from a great new partner in the Hersh Interactive Group”. He stated further: “I will continue to be the principal owner and operator of the team. I’m not going anywhere. In many ways, we’re just getting started. In addition, I’m coming home to Texas and bringing the entire team with me. Get ready Dallas, we have some neat things on the way”. The funding is led by Hersh Interactive Group, headed up by oil and natural gas tycoon Kenneth Hersh. The relocation to Dallas comes as the team purchased the Overwatch League Slot for the city, as aforementioned.Read the full article here.Ninjas in Pyjamas and Betway are officially back togetherGuess who’s back? Back again? Betway’s back. Tell your friends. That’s right, the bookmaker has resigned a sponsorship deal with Ninjas in Pyjamas after a relatively small break due to Riot rules and regulations. The bookmaker and the team terminated their arrangement following NiP’s decision to enter League of Legends, and game developer Riot’s rules regarding teams and gambling industry sponsors.There was considerable outcry at the decision, with Betway one of the leading bookmakers in the space, a fully regulated one at that and one that understands the space. The partnership had proven a popular one; the Betway Esports team has created a great deal of strong content, competitions and more, whilst its Twitter channel is a consistent source of fun. The sponsorship was also amongst the largest esports has seen, with a ‘high six figure’ fee. It comes as Ninjas most likely leave the League of Legends scene once more to reassess, thus leaving the organisation with their Counter-Strike: Global Offensive team who have recaptured some form of old as of late, albeit with a new look roster.Read the full article here.VfL Bochum 1848 become the first Bundesliga 2 team to enter esportsVfL Bochum 1848, the German football team currently residing in the Bundesliga 2, has announced the signing of two FIFA players marking its move into esports.It becomes the first club from the second tier of German football to make a move into the burgeoning esports space. There’s now a fair few German clubs involved, and we would expect further activity across the FIFA space as a whole with rumours suggesting that every top tier football club across Europe may be required to have a FIFA player on their books. The two players signed by VfL Bochum 1848 esports come from STARK, arguably the leading agency for clubs looking to enter esports through the FIFA medium. The club will gain strategic and operational guidance from STARK, and STARK players Michael “MgaBit” Bittner and Daniel “DaniFink” Fink will represent the club. Read the full article here.last_img read more

MercyOne physician says just because you think you’ve had COVID-19 doesn’t mean you are protected from it

first_imgMASON CITY — An infectious disease specialist at MercyOne North Iowa Medical Center in Mason City says testing positive for the antibody connected to COVID-19 does not mean that you can’t get the novel coronavirus again.Dr. Sandra Crosara says it’s just not known at this time how long people are immune to COVID-19 once they’ve had it.   “One would probably think that if I had an antibody test positive today, I would be immune and I can go back to work and not worry about getting the virus. However, I don’t know how long people are going to retain that protection, and that’s the important part. That tells me that I cannot tell you that you are safe, because I don’t know how long you are going to retain the protection.”Crosara says people can fall into a false sense of security if they think they had COVID-19 earlier in the year and believe they can’t get it again.  “This might be a temporary protection and we don’t know how long exactly. For all coronaviruses similar to this, but different, not as aggressive, we have seen antibodies lasting for up to four months or six months, but no more than that. It’s not enough for us to say that you’re going to be immune for a long time.”Crosara says MercyOne employees should have access to the antibody test later this month, with the hopes of making it available to the general public at some point in the near future. “This test might be available for the public, but not until late this month at least. I’m not in a position to determine when, but I’m expecting that in a month or so it might be available for the public.”According to the Iowa Department of Public Health’s coronavirus data website, 305 antibody tests have been given in Cerro Gordo County, with only three positive tests. In the area of Cerro Gordo and the eight surrounding counties plus Kossuth County, there have been a total of 2015 antibody tests given with 20 positive results.Crosara made her comments during the weekly Cerro Gordo County COVID-19 press conference which you can view below.last_img read more