Swedish buffer fund AP1 produces ‘decent’ 4% return for 2015

first_imgThe real return after expenses for the latest 10-year period is 4.4%.Over 2015, equities as a whole returned -1.1%, but Swedish equities returned 7.3%, developed countries -3.5% and emerging markets -7.7% (all figures before expenses).Equities made up 32.9% of the portfolio as at end-December 2015.Fixed income, which includes government debt, credit and high yield, and which forms 27.9% of the portfolio, returned -0.4%.The best performing asset class was real estate (11.1% of the portfolio), which returned 23.6%.The fund’s real estate assets are long-term investments, mainly held for rental income, and less for their expected increase in value.Private equity – 5% of the portfolio – made 13.3%.Ossian Ekdahl, head of communications and ESG at AP1, said: “There are two main reasons for us to invest in private equity. The first is that we expect higher long-term returns, and secondly, it will diversify our total portfolio.”Meanwhile, infrastructure – a new asset class for the fund, and which now makes up 2.9% of the portfolio – returned 5.9%.Last year, AP1 – as part of a consortium – purchased electricity distribution company Ellevio from Fortum, the Finnish energy company.Ellevio has already embarked on major investments to enhance delivery performance to customers.AP1 also formed a real estate company, Secore Fastigheter, together with ICA, the Swedish retail chain.“The ambition is to allow Secore to grow further by acquiring further properties in which ICA stores are the main tenant,” said Magnusson.Overall, a chief objective is to create long-term sustainable value.“As a long-term investor, it is natural to incorporate non-financial sustainability aspects into the investment analysis,” said Magnusson.“Last year, we decided on a new overall sustainability strategy, in which we focus on resource efficiency. We expect the use of natural resources, human capital and financial capital to take place responsibly.”AP1 has also continued to strengthen its in-house investment management, believing it will produce better conditions for higher returns. Första AP-Fonden, the First Swedish National Pension Fund (AP1), has announced a 4% investment return after expenses for the 2015 calendar year, down from 14.6% the year before.At 31 December 2015, the fund’s net assets had increased to SEK290.2bn (€31bn), from SEK283.8bn the previous year.Johan Magnusson, chief executive, said: “The return of 4% after expenses in 2015 is a decent one, considering the great market turbulence during the year, and is in line with the fund’s target.”The fund’s long-term goal is a real return of 4% after expenses over rolling 10-year periods.last_img read more

Barcelona fires coach Quique Setién, days after 8-2 loss to Bayern Munich in Champions League

first_img Share This StoryFacebookTwitteremailPrintLinkedinRedditBARCELONA, Spain (AP) — Barcelona fires coach Quique Setién, days after 8-2 loss to Bayern Munich in Champions League. Barcelona fires coach Quique Setién, days after 8-2 loss to Bayern Munich in Champions League Associated Press center_img August 17, 2020last_img

Sweden upset Germany to reach World Cup semis

first_img(REUTERS) – Goals from Sofia Jakobsson and Stina Blackstenius helped Sweden to come from behind to stun Germany 2-1, in the women’s World Cup quarter-finals at Roazhon Park in Rennes yesterday and set up a last-four clash with the Netherlands.After enjoying an early spell of possession, midfielder Lina Magull put the Germans in front in the 16th minute with an acrobatic volley through the legs of Swedish goalkeeper Hedvig Lindahl.Sweden equalised six minutes later when winger Jakobsson latched on to a long ball straight down the middle from Linda Sembrant, and slotted home past goalkeeper Almuth Schult.German coach Martina Voss-Tecklenburg threw on midfielder Dzsenifer Marozsan, who had not played since breaking a toe in their tournament opener against China, at the start of the second half but it was Sweden who took a shock lead.Schult did well to turn away a powerful header by Fridolina Rolfo but the rebound fell kindly for striker Blackstenius, who fired home from point blank range to get her second goal in as many matches.Marozsan missed a glorious chance to force the game into extra time when she headed wide with the goal gaping in the 80th minute but Sweden held their nerve to reach their fourth World Cup semi-finals.last_img read more

GBA gets ‘green light’ to bring boxers home

first_imgTHE Guyana Boxing Association (GBA) stated on Monday, that they had gotten the ‘go ahead’ to bring Cuba-based Colin Lewis, Dennis Thomas, Desmond Amsterdam and Keevin Allicock back to Guyana.This information, according to Steve Ninvalle, president of the GBA, was given during an informal discussion with the Director of Sport Christopher Jones.To date GBA, according to a release, is yet to receive an official correspondence from Guyana’s COVID-19 Task Force, with regard to their two-week old request.“We are happy with the news that we’ve received; though it’s unofficial. We will expect what the Director of Sport tells us is something that we would have gotten from the horse’s mouth. Of course we would have loved to have an official response from the COVID-19 Task Force. Nevertheless, we have commenced work in bringing these young ambassadors back,” Ninvalle told Chronicle Sport yesterday.“This is now a national effort,” Ninvalle posited, adding that “these guys went out there not to represent themselves but actually to do good for Guyana. We at GBA) will leave no stones unturned until we get them back home.”Ninvalle highlighted that GBA had also written to the Guyana Olympic Association (GOA) and the National Sports Commission (NSC) – the two bodies that formed an alliance to financially support the boxers’ trip to Cuba – to render assistance in returning the four boxers to Guyana.The amateur pugilists, Ninvalle related, are mentally-drained, given the fact that it has been 68 days since their originally scheduled return date was disrupted by the closure of the country’s borders and airports, for commercial travel, when the Government of Guyana took stringent measures to halt the spread of the coronavirus.Three of the four are breadwinners for their families, and Ninvalle reasoned that the unintentional and extended absence from their homes has had a negative economic impact for their respective families.The aforementioned boxers, along with Canada-based Taveena Kum, were in preparation mode to compete at the March 26 – April 4 Americas Boxing Confederation (AMBC) Americas Olympic Qualifier, but the GBA was left counting their losses in the millions, after the Argentina government had restricted international events in the country with immediate effect.Since their unforeseen extended stay on the Spanish-speaking island the boxers are in care of the Government of Guyana with assistance from the Guyana Consulate in Cuba.last_img read more

MacPherson named All-ACC 2nd team, 3 SU teammates make 3rd team

first_img Published on December 2, 2013 at 3:45 pm Contact David: dbwilson@syr.edu | @DBWilson2 Syracuse didn’t land any players on the All-Atlantic Coast Conference first team, but center Macky MacPherson earned second-team honors and safety Durell Eskridge, running back Jerome Smith and defensive tackle Jay Bromley each earned spots on the third team.Offensive tackle Sean Hickey and linebacker Marquis Spruill were named honorable mentions, which went to any player who received at least 20 votes.MacPherson was placed on the Rimington Trophy Watch List during the preseason — the award is given to the best center in the nation — but this marks the first time that the senior was named to an all-conference team.Eskridge, a sophomore, led the Orange with 78 tackles and four interceptions this season. He was named the conference’s defensive back of the week twice and caught his first career pass during SU’s 34-31 win against Boston College on Saturday.Smith failed to crack 1,000 yards this season, but the junior earned third-team honors anyway with 11 touchdowns.AdvertisementThis is placeholder textBromley, a senior who is also a candidate for ACC defensive player of the year, led Syracuse with nine sacks this year.Hickey, a junior and potential first-round draft choice, was given honorable mention just two days after playing the entire first half against the Eagles on an injured ankle. Spruill, a senior, ranked second on the Orange with 62 tackles this season. Comments Facebook Twitter Google+last_img read more

Better Collective Spotlight – Betarades’ five ways to boost YouTube performance

first_img Share Better Collective Spotlight: How Betarades.gr is driving engagement through YouTube July 30, 2020 Submit An established provider of free betting tips and valuable sports information, all created by a team of talented journalists, Betarades – part of the growing stable of Better Collective brands – has taken its output to the next level by converting some of the content into video.For the latest instalment in the Better Collective Spotlight series, the Greek firm’s video producer Christos Xaritidis shared the five key factors that helped its YouTube channel to grow by more than 16,000 subscribers in just five months.Engage with hot topicsHot topics related to sports news, popular tournaments and topics that are most looked up on YouTube, I believe, help sports channels to get discovered. In our case, it was the World Cup 2019 – we made videos for every match and received a lot more views, interactions and appreciation than usual. This season, Superleague (the Greek Football league) is especially competitive and we decided to increase the number of videos that we produce weekly. Right now, we produce daily videos for all matches of the five most popular clubs. That was one of the key reasons why our subscriber count increased from 2K to 18K in just five months.Consistency breeds successWe consider consistency to be extremely important for growing a YouTube channel with loyal fans. In our case, our daily videos keep the audience engaged and leads to them coming back to our channel regularly. Consistency within a video, meaning having the same specific parts or topics discussed in the beginning, middle and the end of the video, is essential. Attaching certain background music to each part also works, as does having one-liners that you say regularly, jokes that you use often, common reactions etc. All those things give our show and the hosts a strong identity which the audience can expect and look forward to.Bring the backstage fun to the cameraWhen we started our channel, we were mainly focusing on sports and betting analysis and we were explaining our personal betting picks. Yet, we realised that it wasn’t nearly enough to build a big audience. Since we have so much fun during the planning, preparation and production of the videos, we thought, why don’t why bring all the fun that we have backstage in front of the camera? Then we started satirising sports news, just like we did behind the camera and so changed our speaking style to become more casual. We started commenting on viral videos (mostly related to sports), and manipulating those videos to spice them up. That drew a lot of attention to our channel. Our main focus still stands today, which is betting tips, we just serve them in a different way.Project the enthusiasm you want from your audienceSpeak fast and loud. Having long or short pauses and all sort of uncomfortable moments can happen to the best hosts in the world but it’s extremely crucial to cut them out and keep the video fast and cool (except if it’s something that is funny). It’s very difficult to keep someone’s attention nowadays, since the internet is full of other interesting things to watch. But slow videos will negatively affect the viewers attention, which is the worst thing that can happen to a YouTube channel. Being fast and thrilled in front of the camera will cause the same enthusiasm in the audience.Let the viewers play their partReplying to every single comment, whether you have something important to say or not, is really helpful when starting a channel. It makes people feel personally addressed and that they are special to you. Liking positive and funny comments is also a good way to interact. Also, interaction inside the videos, like mentioning fans and their comments, asking them for ideas or something interesting about the topic that is being discussed. It is important to let viewers become part of your channel.Meet the people behind the bettingexpert.com team at next week’s LAC (B19). StumbleUpon OPAP delivers on Athens children’s hospital CSR projects July 6, 2020 Better Collective cautious on quick recovery as COVID drags growth momentum August 25, 2020 Share Related Articleslast_img read more

GFA Elections: Government is not backing me – Nana Yaw Amponsah

first_imgA candidate in the upcoming Ghana Football Association elections, Nana Yaw Amponsah, has denied claims he is government’s preferred candidate to replace Kwesi Nyantakyi as head of the country’s football governing body.Last week, the Ministry of Youth and Sports released a statement to deny any involvement in the GFA electioneering process after reports in the local media claimed the ministry was conniving with the Normalisation Committee to disqualify certain candidates to clear the path to the GFA presidency for the Phar Rangers Chairman.Amponsah has also moved to shoot down the claims, describing them as “propaganda” perpetuated by his “detractors”.“Government is not backing me and it doesn’t concern me [that people think so]“Two years ago, government did not write my manifesto for me and I don’t believe that government has stopped anyone from putting out their vision.“These are all propaganda I don’t like to delve in. I like to stay on message; I like to engage the delegates on what matters; what will move our game forward.“These shenanigans will not derail me from my vision at all.Nana Yaw Amponsah will face stiff competition from 4 others: Fred Pappoe, George Afriyie, Wilfred Osei Kwaku Palmer, Kwame Kyei, for the position of GFA President when elections are conducted later this month.last_img read more

WMS tennis team plays Ark City, 6th cross country runners compete, and schedule

first_imgArkansas Cityaway Chaparralaway4:30 p.m. Wellington at Augusta7 p.m WMS football Wellington C volleyball South Haven at Cedar Vale-Dexter7 p.m Augustaaway5 p.m. Week No. 3 -Sept. 20 Garden Plain at Belle Plaine7 p.m Argonia-Attica at Norwich7 p.m. Kingman Tournament9 a.m. Wellington cross country W. Independent at Conway Sprgs.homecoming7 p.m Winfield 7th/8thhome5/6:30 p.m Caldwell at Cunningham7 p.m Winfieldhome5 p.m. Chaparral Tournament8 a.m. WMS volleyball Oxford at Flinthills7 p.m THURSDAY, SEPT. 19 FRIDAY, SEPT. 20 By Tracy McCue, Sumner Newscow — The Wellington Middle School Girls Tennis Team hosted Ark City yesterday.  Also, the sixth graders ran a cross country meet, and the schedule for the next three days are as follows:WMS tennis:The Wellington Middle School Girls Tennis Team hosted Ark City yesterday.The Lady Knights were defeated but played a lot of close matches.  Good effort, girls.  Winners were:Singles:  Avery Rusk, Abby Lowe, Emma McCarty and Alexis Tracy.Doubles:  Adams/Rusk and Tracy/G. Rowley.•••••Sixth grade cross country: The Wellington Knights hosted a sixth grade one mile run at Hargis Creek with Caldwell. We don’t have results but we know Tyler Brown won the boys and Lindsey Scheufler won the girls.•••••Sports schedule: WHS Volleyball SATURDAY, SEPT 21 WHS Tennis WMS tennis Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comment (1) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. 0 Vote up Vote down TMetcalf · 359 weeks ago Glad to hear about WMS. sports but how bout the 7th grade girls volleyball team there 3-0. Way to go girls great job. Report Reply 0 replies · active 359 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new commentslast_img read more

Wellington police notes: Tuesday, Oct. 15, 2013

first_imgWellington Police notes for Tuesday, October 15, 2013:•7:38 a.m. Sierra L. Slates, 27, Wellington was arrested, charged and confined with driving while license is suspended, no Insurance and illegal registration.•8:12 a.m. Officers investigated criminal damage to a tire in the 200 block. N. Woodlawn, Wellington.•12:35 p.m. Officers investigated a battery and disorderly conduct by a known suspect(s) in the 1200 block. N. C, Wellington.•3:38 p.m., Evelyn L. Priddy, 55, Wellington was issued a notice to appear charged with three counts of dogs at large.•4:08 p.m. Officers investigated criminal threat by a known suspect in the 200 block N. Woodlawn, Wellington.last_img

Murder Trial of Alleged Accomplice in FSU Law Professor Murder on Hold

first_imgThe South Florida family whose daughter divorced a popular Florida State University tenured law professor before he was gunned down is now waiting for the outcome of the murder trial for one of the alledged suspects. Katherine Magbanua was the girlfriend of Wendi Adelson’s brother and her baby daddy, Sigfredo Garcia, has been convicted of Markel’s murder. State attorneys believe that Wendi’s brother, Charles Adelson, had his girlfriend set up the murder-for-hire. If she is convicted, then more arrest warrants could be issued for the Adelson family.On October 1, 2016, police arrested Katherine Magbanua and charged her with murder.The trials for Katherine Magbanua and Sigfredo Garcia were combined and took place in October 2019.In the trial, prosecutors claimed that Charles Adelson had arranged to pay Magbanua, Luis Rivera and Garcia $100,000 to murder Markel so that Wendi Adelson could get full custody of Markel’s and Wendi Adelson’s two sons.On October 4, 2016, Luis Rivera pled guilty to the charge of murder as part of a plea bargain in which he was sentenced to 19 years in prison, which would run concurrently with another sentence he was already serving.Rivera had been jailed on unrelated federal charges since 2014; he had pled guilty in federal court in Fort Lauderdale to racketeering conspiracy arising from his leadership of the North Miami group of the Latin Kings gang, was sentenced to more than 12 ½ years’ imprisonment, and is currently incarcerated at the Coleman federal prison in central FloridaIn his confession, Rivera claimed that Sigfredo Garcia had recruited Rivera to take part in the killing of Markel and that Katherine Magbanua was “the woman in the middle doing everything.” Rivera also claimed that he did not know the names of the people who had hired Garcia and Magbanua but that the reason for the killing was “because the lady wants her two kids back. She wants full custody of the kids.”At trial, Magbanua denied involvement but claimed that the case presented by the prosecutors led her to believe Charlie Adelson was “involved” in the murders.For his part, Garcia claimed that Rivera had carried out the killing alone.On October 11, a jury found Sigfredo Garcia guilty of first-degree murder and conspiracy in the 2014 killing of Dan Markel. On October 15, the jury sentenced Garcia to life in prison without the possibility of parole for the murder charge, plus thirty years for conspiracy.The Adelsons deny any involvement; according to a statement issued by their lawyers, “none of the Adelsons — Wendi, her brother Charlie, or their parents Donna and Harvey — had anything to do with Dan [Markel]’s murder.”The jury was unable to reach a verdict on Katherine Magbanua, though two sources with knowledge of the vote confirmed it was 10-2 for conviction.Magbanua remains in jail, charged as a co-conspirator, and her retrial is scheduled for April 13, 2020. Unfortunately, her trial is on hold due to the coronavirus outbreak.It is possible, if Magbanua is convicted of conspiracy to commit murder, law enforcement will seek the arrest and conviction of certain members of Wendi Adelson’s family.Saam Zangeneh, lawyer of convicted hit man Sigfredo Garcia, has publically said a “little birdie” told him at the time of Magbanua’s first trial in 2019, detectives were already stationed outside the Adelsons’ homes, ready to make arrests, had the state secured two convictions, instead of one conviction and a mistrial.Listen to Full Rigor Florida True Crime Podcast on the Dan Markel murder case here.last_img read more