People moves: BT Pension Scheme, Wilshire Associates, HSBC GAM

first_imgHSBC Global Asset Management – The asset management arm of the banking giant HSBC has hired responsible investment chiefs from two rivals as it seeks to become “a leader in green and sustainable investment”. Sandra Carlisle joins from Newton Investment Management where she was head of responsible investment. She is a board member of the UN’s Principles for Responsible Investment (PRI) and a visiting business fellow at Oxford University’s Smith School of the Environment.Stephanie Maier is to join the firm from Aviva Investors, where she was head of responsible investment strategy and research. She chairs the Institutional Investors Group on Climate Change’s Corporate Programme and is a director of UKSIF, the UK Sustainable Investment & Finance Association.In addition, Helene Winch has joined the firm, also as a responsible investment specialist. She was previously a portfolio director at Low Carbon Ltd, a specialist environmental investment group. She has worked at the PRI as head of policy and research, and also at BTPS as head of policy.Hoogovens – Aernout van Citters has been appointed as board member of the €8bn Pensioenfonds Hoogovens, the pension fund of Tata’s steelworks in the Netherlands, as well as chairman of the scheme’s audit and risk committee. Van Citters is secretary of the executive board of Tata Steel Netherlands. He has succeeded Frants Nielsen, who has left after completing his maximum term.PGGM – Edwin Velzel has been appointed as chairman of the supervisory board (RvT) of pensions provider PGGM. He replaces Herman de Boon, who had chaired the RvT since 2007. Jan van Rutte has also joined the supervisory board. Velzen is temporary chairman of the executive board of Klaverblad Verzekeringen, and was previously chairman of healthcare insurance Univé VGZ IZA Trias. Van Rutte has been chief financial officer and vice chairman of the executive board of ABN Amro. Currently, he chairs the RvT of De Volksbank. De Boon has completed two four-year terms and also served part of a third term in order to guarantee continuity. PGGM is provider for the €187bn healthcare scheme PFZW.PensionDanmark/Copenhagen Business School – Torben Möger Pedersen, chief executive of PensionDanmark, is to be appointed adjunct professor at Copenhagen Business School (CBS) at a formal occasion on 6 September, when he will give his inaugural lecture at the institution. CBS said he had continuously contributed to the school and to its finance and economics departments, significantly through being a co-founder of the Pension Research Centre (PeRCent), as well as a member of its advisory board. Möger Pedersen has headed up PensionDanmark for more than 25 years. The appointment is for a five-year period.Xafinity Group – The UK consulting and pension services group has appointed Dave Hodges as head of its National Pension Trust, a defined contribution master trust. He joins from Zurich after a 32-year career with the insurer. Most recently he was director of client relations and servicing.He was a founding executive of Zurich’s corporate savings business, and was involved in the establishment of Zurich’s master trust.SYZ Asset Management – Pierre Seydel has been appointed head for Benelux and Nico Cacciabue head of key accounts. Seydel is based in Brussels and is responsible for the distribution of the investment manager’s Oyster-branded funds and asset management services in Belgium, Luxembourg, and the Netherlands. He was previously at BlackRock for 12 years, as head of sales for Benelux, France, and Monaco. Cacciabue, who joined the asset manager in the second half of last year, is taking responsibility for co-ordinating and developing business relations and looking after the Geneva-based group’s relationships with worldwide distribution partners.Northern Trust – Wim van Ooijen is to lead the financial services giant’s activities in Switzerland. He is currently country head for Northern Trust in the Netherlands and Germany, having joined in 2004. He will retain his responsibilities for the German office. He will oversee the Netherlands business until a replacement is announced, the company said. Dutch Actuarial Society – The Dutch professional body for actuaries, Actuarieel Genootschap (AG), has appointed Ron van Oijen as its new chair as well as chairman of the Actuarial Institute, its training arm. He succeeds Jan Kars, who has been at the helm for four years. Van Oijen has been chief executive of insurer Vivat Verzekeringen since March last year. Prior to his, he was CEO at ING in the Czech Republic and Slovakia as well as regional CEO in Hong Kong, responsible for India, Thailand, and South Korea. He has also been CEO at Thai insurer AIA.Unigestion/Sustainable Finance Geneva – Fiona Frick, CEO of Swiss asset manager Unigestion has been elected to the board of Sustainable Finance Geneva (SFG).  SFG is aiming to build a “key global platform for sustainable finance”, according to a statement announcing the appointment. She joins SFG’s strategy and surveillance committee.Franklin Templeton Investments – Martyn Gilbey has been named UK country head for the US investment giant. From 1 August Gilbey will head up the UK retail and institutional businesses. He joins from Aberdeen Asset Management where he was head of UK distribution. He has also held distribution and marketing roles at Scottish Widows Investment Partnership and Mirae Asset Global Investment.Schroders – The UK listed asset manager has appointed Daniel Imhof to the newly created role of head of global sales. He joins from UBS Wealth Management after a 25-year tenure, most recently as global head of portfolio specialists. BT Pension Scheme, Wilshere Consulting, HSBC GAM, Newton, Aviva Investors, Low Carbon Ltd, Hoogovens, PGGM, PensionDanmark, Copenhagen Business School, Xafinity, Zurich, SYZ AM, Northern Trust, Dutch Actuarial Society, Unigestion, Franklin Templeton, SchrodersBT Pension Scheme/Wilshire Consulting – Daniel Ingram, head of responsible investment at the £43bn (€49.6bn) BT Pension Scheme (BTPS), has joined US consulting firm Wilshire Consulting. He joins as vice president of responsible investment research and consulting, to focus on the expansion of Wilshire’s environmental, social, and governance (ESG) capabilities.Ingram’s responsibilities at BTPS will be taken on by David Griffiths, director of strategy, a spokesperson for the pension fund told IPE. Ingram joined BTPS in 2011 from Hermes Fund Managers, the scheme’s wholly-owned investment manager, where he was a senior corporate governance analyst. Prior to this, he was a policy analyst at the UK Treasury for four years.At Wilshire, Ingram reports to Andrew Junkin, president, and Steve Foresti, CIO. Junkin said Ingram had “an excellent track record of designing and implementing creative investment-led solutions to managing ESG risks and opportunities”.last_img read more

Man Utd to bid for £50m-rated midfielder

first_img Loading… United and Spurs have both been watching the 20-year-old closely throughout this season as they weigh up whether to make a move this month. But reports in L’Equipe suggest Lille have already received six offers for the young Frenchman as the battle hots up for his signature. Soumare was targeted by Wolves last summer but the Midlands club saw a £34million offer knocked back. Lille value the midfielder at around £50million and at the age of 20, he fits the criteria for United as they look to avoid signing players approaching 30. Solskjaer’s side have been lacking creativity in the centre of the pitch, with Jesse Lingard failing to register a goal or assist in the whole of 2019. Read Also:Man United get injury boost ahead of Norwich clash United bounced back from their midweek defeat to Manchester City with a 4-0 win over Norwich yesterday which eased the pressure slightly on Solskjaer. Should Soumare or Fernandes complete a deal this window, it could see Nemanja Matic depart with Chicago Fire interested in the Serbian. FacebookTwitterWhatsAppEmail分享 Manchester United scouts are set to make one final trip to France to look at Lille midfielder Boubakary Soumare before deciding whether to make a bid. Ole Gunnar Solskjaer is keen to rebuild the United squad who have struggled ever since Sir Alex Ferguson left in 2013. The United boss has a long-term plan as he build the squads he wants as he looks to take club back into the top four and challenging for silverware. United’s midfield has been criticised in recent seasons and Solskjaer is keen to bolster that with the potential signing of Soumare. Soumare has made 17 appearances in Ligue 1 so far this season and has played in all six of Lille’s Champions League group stage games. The Frenchman isn’t the only midfielder that has been linked with a move to Old Trafford this month. According to reports, Bruno Fernandes is close to joining up with Solskjaer’s side. Fernandes, 25, has been linked with a £51million deal to bolster the midfield with Paul Pogba and Scott McTominay currently injured. Promoted Content9 Facts You Should Know Before Getting A TattooBest & Worst Celebrity Endorsed Games Ever MadeThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical5 Reasons To Wait For The Solo Black Widow MovieCouples Who Celebrated Their Union In A Unique, Unforgettable WayFantastic-Looking (and Probably Delicious) Bread ArtInsane 3D Spraying Skills Turn In Incredible Street ArtTop 7 Best Car Manufacturers Of All TimePlaying Games For Hours Can Do This To Your Body8 Things To Expect If An Asteroid Hits Our Planet9 Actors Who Stay Famous For That One Movie They Did 10 Years AgoYou’ve Only Seen Such Colorful Hairdos In A Handful Of Animelast_img read more

Local Lawmaker Responds To IndyStar Report

first_imgINDIANAPOLIS – A new report from the Indianapolis Star reveals taxpayers funded $343,490 in out-of-state trips for Indiana legislators over the past two years.The article noted Rep. Randy Frye (R-Greensburg) spent $5,602 on three American Legislative Exchange Council (ALEC) conferences and two clean transportation forums.Twenty-five additional Indiana lawmakers attended ALEC conferences, which work to advance limited government through a nonpartisan public-private partnership of state legislators, members of the private sector and the general public.Frye has also been a proponent of natural gas legislation in Indiana, which he attended two conferences.“We have two separate pieces of legislation, one passed in 2013, the other in 2014, dealing with alternative fuel vehicles,” Frye continues. “That information is not something I had when I was elected. I have studied and had to research it, certainly here in Indiana but also in other areas.”The lawmaker said he also attended two other alternative fuel forums in Kansas City and Atlanta, which he paid for travel expenses out of pocket.“I am certainly not going to be traveling on the taxpayer’s dime just to go on a vacation or play golf somewhere. That’s not what I do. I go to get the information,” Frye says.Frye added that conferences are a distraction and takes time away he would rather be spending with family, “I don’t go to conferences just to be going.”According to the newspaper, Rep. Jud McMillin (R-Brookville) spent $2,791 on two trips to legislative conferences. Cindy Ziemke (R-Batesville) spent $2,248 traveling to Washington, D.C. for an ALEC conference.Sen Jean Leising (R-Oldenburg) used $1,145 for travel expenses to D.C. for an ALEC meeting.Senate President Pro Tempore David Long, R-Fort Wayne, said he limits travel for senators to once a year.House members are allowed one fully paid educational trip each year, the newspaper reportslast_img read more

Ramcharran signals intention to quit as OSCL president

first_img…Ontario Sports minster, Consul General laud league’s roleBy Frederick HalleyTORONTO, Canada – Long-standing president and founder-member of the Ontario Softball Cricket League (OSCL), Albert Ramcharran has announced that he wouldn’t be seeking re-election when the league holds its annual general meeting early in the new year.Ramcharran, whose two-year term ends shortly, made the announcement at the OSCL 22nd annual presentation, dinner and dance, held at the Estate Banquet Hall, Scarborough, here last Saturday night. He, however, pledged to ensure that all business of the league is fully taken care of prior to the annual general meeting.Questioned as to the reason for his decision, Ramcharran simply said “enough is enough.”According to his presidential message in the OSCL brochure, “as one of the founder-members of this league, I can proudly say that this organisation has met most of its objectives over the years, but like in any entity, there exists problems and those were compounded during the just-completed season by gross indiscipline by some bent on destroying what we have strive to establish over the years.“Despite these few hiccups, we were once again able to complete a very successful and challenging season and based on the feedback and reaction from those at the season-ending matches, softball was indeed the winner.Ramcharran reiterated that “there are a few members within the OSCL who are bent and making every effort to bring disrepute to the league, both on and off the field. I urge whoever heads this organisation to pay strict attention in this area, lest what was built in 22 years be destroyed.”Among the major decisions taken at the annual general meeting were to separate the A and B conferences for the T10 and 15-over tournaments with each conference having its own play-off and championship game, all no-balls be free hits and no-balls be called for deliveries above the shoulder in a standing position.Super overs were also introduced in case of tied games and no games shall go beyond the scheduled time, except in the case of a tie-breaker.Ramcharran also spoke about the strenuous efforts being made to overcome and to comply with the parks and permit rules in the practise of imbibing in full view of nearby residents at some grounds and players/supporters urinating at undesired places. “While the complaints were less this year, the OSCL is calling on all to desist from these forms of behaviours, as we continue to receive warnings from the authorities.”Ramcharran took the opportunity to congratulate the winning and runner-up teams and all the other participating teams across all formats in the league.“Once again, my hard-working executives have been tested to the fullest this year, but have withstood with flying colours. To you I say a ‘big thank you’ for your outstanding and sterling efforts.“To our several sponsors, including Harri Sukhu, Norman Sue Bakery and Home Trust, we say hearty thanks and look forward to your continued support.Ontario’s Minister of Tourism, Sports and Culture, Eleanor McMahon, in her message, sent warmest greetings to the OSCL. “As Minister, I recognize the valuable role that organizations like the OSCL play in engaging us in sport and recreation, keeping us active and strengthening our communities.“Congratulations to the OSCL on 22 years of success. I commend the league’s continuing efforts to promote the sport of softball cricket to participants across the province. Your achievements are truly something to be proud of.”In her message Consul General (acting), Consulate General of Guyana, Candida Daniels, congratulated and commended the league for its efforts and successes in keeping the game of softball cricket alive for the enjoyment of members of the Guyanese and other cricket-loving Diaspora communities resident in Ontario.“The league’s effort in promoting educational and cultural activities for the benefit of the community is also highly commendable,” Daniels pointed out.last_img read more

Syracuse announces 2014 nonconference schedule featuring Notre Dame, Maryland

first_img Published on October 23, 2013 at 11:50 am Contact David: | @DBWilson2 Meetings with Notre Dame, Maryland and Villanova highlight Syracuse’s nonconference slate for the 2014 season.SU Athletics announced the Orange’s nonconference schedule Wednesday, and the 2014 season will open with one of Syracuse’s fiercest basketball rivals. The Orange is 2-1 all-time against the Football Championship Subdivision Wildcats, who play in the Colonial Athletic Association, and will host VU on Aug. 30 in the Carrier Dome.SU will travel to Mount Pleasant, Mich., two weeks later for a meeting with Central Michigan on Sept. 13. The series with the Chippewas features two future games to be played in the Dome.Syracuse will then return to the Carrier Dome on Sept. 20 to face the Terrapins, who leave the Atlantic Coast Conference for the Big Ten after this season. The Orange faces UMD on Nov. 9 in College Park, Md., this year.SU closes out its 2014 nonconference schedule against the Fighting Irish at MetLife Stadium in East Rutherford, N.J. Syracuse and UND have met before in the New York City area when the Orange topped the Irish at Yankee Stadium in 1963.AdvertisementThis is placeholder textWednesday’s announcement fills out SU’s scheduled opponents. The dates and times for its ACC games haven’t been announced yet, but Syracuse will host Florida State, Louisville, North Carolina State and Duke and travel to Clemson, Pittsburgh, Boston College and Wake Forest. Comments Facebook Twitter Google+last_img read more

Caribbean represented at launch of Clinton Global Initiative

first_imgCaribbean Community (CARICOM) Secretary General Irwin La Rocque has a wish list he wants fulfilled for the Caribbean over the next five years.La Rocque, outlined his list at the launch of the Clinton Global Initiative Action Network on Post-Disaster Recovery, at the University of Miami on Tuesday.The CARICOM Secretary General, along with Dominica’s Prime Minister Roosevelt Skerrit, were among the more than 350 representatives of businesses, non-governmental organizations and governments who attended the event.Continued vulnerability to natural disastersLa Rocque, who participated in a panel discussion chaired by the former United States president, Bill Clinton, made reference to the region’s continuing vulnerability to natural disasters and the need for the support of the international community.“We’ve done some climate change modeling and the predictions are not good…the modeling is saying we are going to be having more frequent and intense storms, and in the off season we are going to have drought. So, we have to prepare for a range of disasters,” La Rocque said.Asked the type of Caribbean region he would like to see in five years, the Secretary General outlined his wish list, stressing the need for resilience in all areas of development.Disaster resilient housing“I would like to see a Caribbean where five years from now a significant proportion of the housing stock is disaster resilient. I would like to see that our water systems are also disaster resilient. Water was out in some of the affected countries for days.Underground electricity “I would like to see electricity powerlines underground so that they can withstand the disasters and that we achieve our target for renewables across our countries. I would like to see our agriculture more resilient in terms of the right crops.“Much of our farming is subsistence farming and most of our farming community depend on that for their livelihood. For those countries whose tourism is significantly dependent on the environment I would like greater environmental resilience.“By that I mean reforestation for those damaged areas, slope stabilization, coral reef protection, mangrove propagation. It is a lot and it will take a lot of, not just financial, but technical assistance,’ La Rocque told the discussion.The Action Network, being spearheaded by Clinton, was formed at the invitation of the governments of Dominica, Antigua and Barbuda, the US Virgin Islands and Puerto Rico. The islands devastated by Hurricanes Maria and Irma last year.last_img read more

Iowa ACLU calls for action to stop virus spread in prisons and jails

first_imgDES MOINES — Activists are calling for major steps to limit the risk of a coronavirus outbreak in Iowa’s prisons and jails.The ACLU of Iowa is recommending the state release some inmates early, as other states have done, to reduce overcrowding and slow the spread of the virus. ACLU spokesperson Veronica Fowler says the steps are meant to prevent a surge of cases that could overwhelm the health care system.“Prisons and jails are the perfect storm for the spread of this disease,” Fowler says. “You have a lot of people usually jammed into close quarters, there’s no option for social distancing.” Fowler says the state and counties need to act now, before it’s too late.“We are asking court officials, law enforcement, the Department of Corrections to please as soon as possible, take some rapid measures to prevent this.”Iowa’s prisons are operating at nearly 23% over capacity. The Department of Corrections has canceled visitations due to the coronavirus but has provided few details on its response plan.last_img read more

Energy Efficiency First Explains the Importance of Good Windows and Doors

first_imgOlympia Energy Auditor, Bernie Miller has a passion for making your home more comfortable and efficient.Your existing windows and doors could be costing you money.  Depending on their age and condition, replacement windows and doors could dramatically improve your home’s energy efficiency, improve your comfort and security, and reduce your utility bills.The cost effectiveness of replacing windows depends on the condition of your existing windows and your home.  Installing replacement windows will generally pay for itself, in the form of lower energy bills, within two to ten years. estimates a 7- 24% savings when installing Energy Star qualified windows.  The percentage will be on the high end if you are replacing old single-paned windows. In the same vein, the U.S. Department of Energy estimates that a typical homeowner in the Northwest will save $258 a year when replacing single-pane windows and $112 a year when replacing double-pane.Hi-efficiency windows suitable for the Northwest have two panes of glass surrounding a pocket of argon gas, have several layers of low-emittance (low-e) coating, and incorporate other technologies such as “warm spacers” and insulated frames.  Energy Star in the Northwest is considered any window with a U-factor or .30 or less.  Depending on the configurations of the glass and coatings, windows can do more than keep your home warmer in the winter – they can even block solar gain in the summer.  There are a variety of windows and window frame types – vinyl, fiberglass, and wood.  Check a window’s energy performance ratings before you buy.If you have older doors in your home, replacing them might be a good investment, resulting in lower heating and cooling costs.Entry doors can contribute significantly to air leakage and wasted energy through conduction, especially if the door is old, uninsulated, improperly installed, and/or improperly air sealed.  Newer exterior doors have a polyurethane foam insulation core and are pre-hung and weather stripped.Models that are Energy Star-qualified often boast tighter-fitting frames, higher efficiency cores, and, for models with glass, double- or triple-panel insulating glass to reduce heat transfer. Entry doors are also known as door systems because they come pre-hung in a frame and are often predrilled for a knob and deadbolt.Modern energy-saving entry door designs and technology can make a difference in your comfort and energy costs.Energy efficient windows and doors are eligible for utility rebates and tax credits. To learn more, call Energy Efficiency First at 360-236-9684 or visit their website by clicking here. Facebook1Tweet0Pin0last_img read more

Linden municipality made decision to terminate contracts – Town Clerk

first_imgSacking of hundreds of Linden CIIP workersBy Utamu BelleThe decision to terminate approximately 271 workers in Linden under the Community Infrastructure Improvement Project (CIIP) was made through the councillors within the Linden Mayor and Town Council (LM&TC), Town Clerk Jonellor Bowen stated.Following the issuing of termination letters recently to facilitate a better paying “superior contract”, Regional Chairman Renis Morian had asked for those letters to be rescinded, noting that it created uneasiness among the workers who were not properly consulted on the move.According to Morian, he had received information that this would be done. However, Bowen stated that prior to reading it in the news, she was unaware that Regional Chairman Renis Morian had asked for those letters to be rescinded and to date she has not been informed to do so. She noted that once decisions are made within the Council, there are procedures and legal indications attached.“I did not receive any instructions on that matter, because of course if we are going to do something like that there must be straight instructions”, Bowen stated.Bowen added that decision-making is a procedure and according to law, if the Council makes a decision, then it can only be looked at again after six months and would have to have the vote of two thirds of the councillors, if there is a desire to change that decision. She said prior to the decision, she would have received correspondence at the level of the Ministry of Communities, based on discussions with the permanent secretary, where it was noted that the 271 employees under the CIIP programme would be allowed to work up to July 31, 2016.She said the correspondence added that a maximum of 250 workers must be employed no later than August 1, 2016 and will work for eight hours per day, 4 days per week, 16 days per month, which would also include an increase in payment from $12,500 to $25,000 per month.“With this being said…Council decided that they would terminate all the contracts and then they would rehire 250…the Town Clerk would have done as mandated to have termination letters done”, she said, noting that the ministry is working with an approved budget for 250 persons.As of Wednesday, August 17, 2016, Bowen said of 156 CIIP workers on the Wismar shore, 131 would have signed and uplifted their termination letters. Of 115 workers on the Mackenzie shore, 94 would have signed and uplifted same.“The Council, they made the decision to terminate the 271 workers because the figure that we are working with, based on advice from the ministry, is 250. So at a statutory meeting, that decision was made. I was mandated, based on the law to carry out that mandate, and that I did. I did the termination letters, in fact I called them (CIIP workers) to meetings, both Wismar and Mackenzie, separately, and spoke to them indicating this is what it is and I would have presented the letter and read it out and I said this is what it means. Some persons would have signed and uplifted their letters, some would not have signed”, Bowen claimed.Asked whether the rehiring process would facilitate former workers Bowen said she believes that no worker should be left out and such matters can be worked out. She noted however that disagreements were raised by the workers at the meeting, where she explained that it was not her decision but the ministry had given advice on the matter and the council had made a decision regarding same.The Town Clerk stated that the issue was discussed at the time with Acting Mayor Rawle Friday since Mayor Carwyn Holland was out of office. The rehiring process was expected to be completed on August 12, however, Bowen said she was advised by Friday to put the process on hold.Bowen added that it was agreed by the CIIP workers and their constituency representatives that the rehiring and working processes henceforth would be a collaborative effort. She said this involves on-the-job decision making and recommendations, “…so that it would not be or seem unfair, we’re consulting with everyone…these things were discussed…consultation is important especially on matters like these” she declared.last_img read more

Pedestrian killed in ECD accident

first_imgA pedestrian is the country’s latest road statistic following an accident at Triumph Railway Embankment, East Coast Demerara, on Thursday evening.Dead is Seenauth Persaud, 54, of Lot 84 Agriculture Road, Triumph Village, ECD.According to reports, the dead man was crossing the road when he came into the path of a car bearingDead: Seenauth Persaudregistration number PKK 2320.He reportedly sustained severe injuries. Following the accident, the injured man was picked up in an unconscious state and rushed to the Georgetown Public Hospital where he succumbed while receiving medical attention.His body is at the GPH Mortuary awaiting post-mortem while the driver is in Police custody assisting with investigations.Sandra Persaud, sister of dead man told Guyana Times that her brother would do odd jobs in the area.“He use to stay with some people is Suraj Drive but he is someone who never stay one place too long”, the woman stated. She stated that she was at home Friday morning when someone informed her that her brother was involved in an accident.She said she immediately contacted the Beterverwagting Police Station but was told she has to visit the station. There, she was told that her brother was stuck by alleged drunken driver and died at the hospital.The woman added that the driver, who was in custody at the time of her visit, gave the family conflicting reports about what transpired on the night her brother was killed.“One time, he tell we that he de going to Georgetown, the other time, he say he did going Mahaica but he admit that he knock down meh brother,” the woman added.She recalled seeing her brother alive a few days ago when she pleaded with him to return home but he refused. He had moved out of the home some time ago.She added that he was the only brother she had left after two others died in 2011.Meanwhile, another relative who resides in close proximity to the accident scene, told Guyana Times that she was sitting on her veranda and saw a crowd on the roadway but thought it a two-vehicle collision. However it was until Friday morning that she leant of the man’s death.Persaud was never married and had no children. (Bhisham Mohamed)last_img read more