Mandate roundup: Publica, Australian equities, IPE Quest

first_imgHowever, performance should match the benchmark once all costs – including taxes, fees and transaction costs – are taken into account.Publica said it hoped the EM debt mandate would diversify its portfolio further, and included the asset class after a recent asset liability management study.To date, it has built up a 5% exposure to EM debt with its in-house team, deputy CIO Patrick Uelfeti recently told IPE.The Quest search added: “Due to the limited risk-taking capabilities, a consequence of the demographic structure of the closed plans, the universe of eligible investments is limited to investment grade, and maturities are capped at 15 years.“Added value should mainly come from country, bond selection and risk management by avoiding ‘red flags’ in credit.”The fund said it would prefer its investment be held in a segregated accounted, with the chosen manager demonstrating a “strong” standing in EM debt and managing at least CHF2bn in EM debt mandates.Additionally, only managers with a three-year track record will be considered, but a five-year record is preferred.Interested managers have until 2 July to apply, stating gross-of-fees performance to 31 May.In other news, an Australian institutional investor is looking to hire a manager to a AUD100m (€68.8m) equity mandate, using IPE Quest.According to search QN2077, the Australian insurer said it would like to invest at least AUD100m in local equities.The actively managed mandate would be benchmarked against the ASX 300’s performance, with a rolling three-year outperformance of 200 basis points, while observing a maximum tracking error of 4.5%.The portfolio, managed as a segregated account, should hold at least 30 stocks, with no single holding accounting for more than 10% of assets.The manager is also asked not to engage in securities lending or short-selling.While a track record of five years would be preferred, the insurer did not set an minimum track record for the asset manager.Nor did it set an minimum threshold for assets under management.Managers have until 25 June to apply, stating gross-of-fees performance to 31 May.The IPE news team is unable to answer any further questions about IPE Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email Switzerland’s Publica is seeking an emerging market (EM) debt manager for a $100m (€89m) mandate, using IPE Quest.According to search QN2076, the pension fund is looking to invest in hard currency EM debt, covering both sovereign and quasi-sovereign issuances with a maturity of up to 15 years.The scheme, which reported assets of CHF37.7bn (€31.3bn) at the end of December, said it would benchmark performance against a customised JP Morgan EM bond index, without hedging returns into Swiss francs.It added that it would prefer to maintain a low tracking error of up to 1%, with the manager allowed to include active elements that aim to match the performance of the selected benchmark.last_img read more

Iloilo prov’l dev’t council endorses interisland bridge

first_imgProvincial Planning and DevelopmentOffice (PPDO) head Mario Nillos said the resolution of endorsement will beforwarded to the Regional Development Council (RDC). They are just waiting forthe letter request as well as project summary from the Department of PublicWorks and Highways (DPWH-6). Cabrias revealed that the feasibilitystudy, which is now being conducted by China Communications ConstructionCompany, Ltd (CCCC), will be completed by January 2020. It will be up to President RodrigoDuterte to decide on the funding of the project, whether it will be throughpublic-private partnership, loan, or government funding. “The stand of the PDC is that thePanay-Guimaras-Negros bridge is for the good of the people of the province sowe endorsed it to RDC for funding and implementation,” he said. The bridge will start in BarangayGua-an, Leganes, Iloilo and will connect to Barangay Getulio, Buenavista,Guimaras. DPWH-6 Planning Design EngineerClaudio Cabrias Jr. updated the council of the project status.center_img ILOILO – The Iloilo ProvincialDevelopment Council (PDC) passed a resolution endorsing thePanay-Guimaras-Negros bridge to the national government for funding andimplementation. The resolution was approved during thePDC meeting presided by Gov. Arthur Defensor Jr. on Sept. 23 at Casa Real deIloilo. “The feasibility study is now 95percent near completion,” he said. From Guimaras it will connect toBarangay Tapong, Pulupandan, Negros Occidental. (LHC, Capitol News/PN)last_img read more

Navas reveals Arsenal snub

first_img “That was back in 2010 when Sevilla won the Spanish Cup. I was still winning things and achieving things there,” he told a number of national newspapers. “But we haven’t won anything for two or three years and I feel now is the right time to move on because I’m ambitious and I always demand 100 per cent from myself.” Navas has previously experienced problems with homesickness but is confident that he is cured of that, saying his troubles are “in the past”. He also believes the presence of Negredo will help him settle on and off the field. “Obviously I know Negredo well and I’m very pleased he’s following me to City,” Navas added. “For me, it was very clear what I wanted to do. I wanted to join City, and it was the same for Negredo. We both made up our own minds. We were both convinced that City is a great club to join. “It’s going to make the transition easier. Not only do we have a good relationship on the pitch, we have a good one off it.” Press Association New Manchester City winger Jesus Navas is ready to challenge for trophies – after revealing he turned down a move to Arsenal three years ago.center_img City signed Spain international Navas from Sevilla this summer and later added team-mate Alvaro Negredo to a squad they hope can regain the Barclays Premier League title. The pursuit of success is what has driven Navas to move to England and also the reason why he opted to stay with Sevilla when Arsenal asked after him three summers ago. last_img read more

Cricket News No way BCCI can block Pakistan to participate, says Official

first_imgAmid the spiraling speculation, the CoA, comprising Chairman Vinod Rai and former women’s captain Diana Edulji, will be meeting in Delhi on Friday to discuss the issue of multiple bodies claiming representation of Uttarakhand. But the Pakistan conundrum is likely to cast a shadow on what was to be a routine meet.”We will discuss all possible options tomorrow and do what is best for the country,” said Edulji.A top BCCI source said even if a note is sent and the ICC agrees to put it out in front of member boards for a vote, India is unlikely to find any support from other nations.”In case India writes to ICC for Pakistan’s removal, then we have to build consensus first to move a resolution at it’s Annual Board Meeting in April. We no longer enjoy a majority in the ICC board right now. If this goes for floor Test we are certain to lose,” he said.”Not only that, serious doubts will emerge on our chances to host 2021 Champions Trophy and 2023 World Cup,” he added.The call to boycott Pakistan has been made by some prominent voices such as senior off-spinner Harbhajan Singh and former captain and Cricket Association of Bengal (CAB) President Sourav Ganguly.Among the current players, leg-spinner Yuzvendra Chahal and pacer Mohammed Shami have called for decisive action to deal with terror strikes carried out by Pakistan-based terror groups.  For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: After 40 CRPF jawans were killed in the attacks on February 14, there has been outrage in India and it has come from cricketers. There are increased calls from many quarters for the Indian cricket team to boycott the ICC Cricket World Cup 2019 clash against Pakistan which will be played in Manchester on June 16.Sources within The Committee of Administrators (CoA) and the BCCI have not prepared any note seeking a ban on Pakistan at the upcoming World Cup and even if such a move is made, the International Cricket Council (ICC) is bound to reject it.Already, Pakistani shooters couldn’t make the World Cup in Delhi, starting Saturday, after not getting visas. And there is a demand for India to boycott its June 16 World Cup clash against the neighbours and the matter is likely to come up on the sidelines of the ICC meetings between February 27 to March 2 in Dubai.”There is absolutely no constitutional or contractual way this could happen. The ICC constitution allows members the right to participate in ICC events as long as they’re qualified,” a BCCI official told PTI. highlights India will play against Pakistan on June 16 in World cup league game. No way BCCI can block Pakistan believes official.The former cricketers have also expressed their views on this. last_img read more

Griezmann Takes Centre Stage as Barcelona Visit Atletico Madrid Kick…

first_imgToday’s encounter will see Antoine Griezmann return to Atletico for the first time since his controversial summer move to Barca – and he heads there with a point to prove. Griezmann has endured a disappointing start to life at the Nou Camp, which has seen him score just five goals in 17 games this term.Victory for Atletico, who are three points adrift of the Catalans, will propel them firmly back into title contention.It has been a strange season thus far for Atletico, with Diego Simeone’s side very much the draw specialists in Spain’s top flight. The capital outfit have shared the points in exactly half of their 14 La Liga outings this season, but no team in Spain’s top flight has suffered fewer defeats (1) this term.Goals have been a real problem for Atletico, finding the back of the net just 16 times in their 14 league matches. They have the joint-best defensive record with just nine conceded, though, and as mentioned, are currently fourth with 25 points to show from their exertions thus far.Atletico also have a rotten recent record against Barca in Spain’s top flight when considering that they have not triumphed against this weekend’s opponents in the league since February 2010.Barca have not been without their problems this season, but the Catalan giants will enter this match off the back of four straight wins in all competitions, including their last two against Celta Vigo and Leganes in the league.The fact that El Clasico was postponed means that Barca have a game in hand on every side other than Real Madrid, who will travel to Camp Nou for what should be a cracking affair on December 18.It seems incredible to think that Barca have not lost to Atletico in La Liga since 2010, but the points have been shared in their last two league matches in Madrid.Atletico have big problems at the back with Stefan Savic, Sime Vrsaljko and Jose Gimenez all out.The latter has recently returned to training but is unlikely to be considered for today’s match, meaning that Mario Hermoso and Felipe should start as the two central defenders once again.Key midfielders Saul Niguez and Thomas Partey are available after missing out against Granada last weekend through suspension, but Diego Costa is out until at least February following a neck operation.Joao Felix played for 35 minutes against Juve after overcoming an ankle injury, though, and the Portugal international could now return to the XI with Angel Correa and Alvaro Morata also starting.As for Barca, the club are yet to provide a firm update on the injury suffered by Ousmane Dembele against Dortmund, but the France international is unlikely to feature this weekend.As a result, Griezmann should join Messi and Suarez in the final third of the field, while Gerard Pique will return to the back four having missed the Champions League clash through suspension.Barca still have issues in the full-back positions, though, with Nelson Semedo and Jordi Alba still injured, meaning that Sergi Roberto and Junior Firpo should keep their spots once again.Further forward, key midfielder Sergio Busquets will miss out through suspension, handing Valverde a selection dilemma in the middle of the park. Arthur should return to join Frenkie de Jong, while Arturo Vidal will hope to edge out Ivan Rakitic to take the final position. Barcelona visit Atletico Madrid today knowing only victory will return them to the top of the table above Real Madrid.Despite sitting top of LaLiga on goal difference ahead of Real Madrid before going into the weekend, Barca’s defence has been unconvincing, having shipped 16 goals in 13 games and it will be tested today by an accomplished Atletico side. Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Twente Sign Nigeria Full-back, Ebuehi

first_imgIt’s not without reason he played at the World Cup, says club’s chiefDutch Eredivisie side Twente have announced the signing of Tyronne Ebuehi on a season-long loan from Portuguese club Benfica with an option of signing him permanently.The defender joined the Estadio da Luz outfit in May 2018 after impressing for at the World Cup in Russia and penned a five-year deal with the side. The 24-year-old, however, suffered a career-threatening injury two months after teaming up with the Eagles in a Champions Cup defeat to Juventus.The defender subsequently missed the whole of 2018-19 season and has not made a single league appearance for the Portuguese club since joining the side.Ebuehi has, however, featured four times for Benfica B since he returned from injury and has teamed up with the Dutch outfit to reignite his career.The former ADO Den Haag defender is delighted to sign for the Pride of the East and looks forward to making his contribution for the club.“It feels great to be here at FC Twente. The conversations I had with the club were very positive and I am looking forward to playing here,” Ebuehi told the club website.“In the past, I played against FC Twente with ADO. Twente is a big club and I want to prove myself here, but of course, also help the club.”Benfica technical director Jan Steuer hopes the Nigeria international will add value to the team, given his experience at ADO Den Haag.“It is great that we can add Tyronne Ebuehi to our selection. In his time at ADO Den Haag, Tyronne has shown to be a talented player,” Steuer said.“It is not without reason that he was selected for the national team of Nigeria and played at the 2018 World Cup.“In his first year with Benfica, Tyronne had a difficult season due to an injury, but last year he made his appearance for Benfica B. He is top fit and will hopefully be able to fully join our selection soon. ”Ebuehi has eight appearances for Nigeria since he made his debut against Togo in a friendly in June 2017.He will hope to feature consistently for Twente to boost his chances of being recalled for national team assignment.Born in Haarlem, Ebuehi totaled 78 appearances in the Eredivisie – all coming in the colours of ADO Den Haag – before transferring to Benfica.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Singles play powers Wisconsin in Iowa victory

first_imgA familiar story for the Wisconsin men’s tennis team (12-11, 4-7), this season has been to dig out the all-important doubles point but fail to win enough singles matches to earn a team victory. In Friday’s contest with the Iowa Hawkeyes (1-20, 0-10), however, the Badgers were powered by junior captain Billy Bertha and sophomore Rod Carey to seize four of six singles matches to clinch a 5-2 win.After sealing the doubles point with partner sophomore Fredrik Ask, Bertha worked quickly to earn his seventh singles victory on the season, 6-1, 6-0. The captain dominated his match with a powerful first serve, dropping only a single game and finishing first.Bertha was relentless in his pursuit of a win, putting his team on top early.“The kid was missing a lot, so it was easy to get a rhythm, and once I hopped on him pretty quick, he went away,” Bertha said.Consistently playing at No. 4 and 5 throughout the season, Bertha has adopted the No. 6 position as a comfortable homebase since returning from a back injury. He has won three consecutive matches at the final singles spot.Bertha was winless in Big Ten singles play prior to the injury, but performing well lower in the lineup has helped him gain momentum in the final portion of the season.“It’s been good to get a little confidence,” Bertha said. “(I’m) playing better now, and hopefully I’ll keep improving and keep winning out the rest of the matches.”Carey has conversely been climbing higher in the singles lineup, winning 6-2, 7-5 at the No. 2 position. The Bahamas native has won his last two matches at that spot, after being catapulted up the lineup from his previous No. 5 station. Carey displayed striking mental toughness in the second set by rebounding from a difficult stretch where he surrendered four consecutive games after leading 4-1. Carey stopped the bleeding by holding his own serve and breaking his opponent’s, winning the final three games of the match.Although he demonstrated a subpar effort in his doubles loss, Carey was able to bounce back by jumping to an early lead in his singles contest.“I think I had a good start; I started off pretty confidently,” Carey said. “I think I did a good job of just getting it going early in the singles, and I think that helped a lot.”Head coach Greg Van Emburgh has been pleased with the way his lineup has evolved over the course of the season. He was forced to tinker with the lineup due to Bertha’s injury and has given other players opportunities to improve their standing in singles.One player who has taken advantage of his playing time is freshman Quinton Vega. Despite a tough three-set loss at No. 3, Vega has sustained significant improvement since making his move to the third singles spot, in which he owns an even 2-2 record. The Brooklyn, N.Y., native was not able to practice or train in the fall season because of lack of certification but lately has shown his ability as an upper-echelon singles player.“Q’s done a great job,” Van Emburgh said. “He’s really starting to play great tennis, he’s really composed, he’s getting mentally tough out there and every time that he’s out there you know he’s going to fight the fight.”Although the conference season has not been as successful as they would have hoped, the Badgers are looking to pounce on any potential opponent they may face in the Big Ten tournament. The recent conference wins could help boost the team’s confidence.Van Emburgh likes the potential of the current lineup from top to bottom in the upcoming conference tournament.“I think the lower part of the lineup right now is really solid for us,” Van Emburgh said. “We’ve got some high-level potential guys up top of the lineup that really could play with the top players in the conference.”last_img read more

Dodgers reach halfway point with baseball’s best record

first_img Even amid the upheaval of a pandemic, one thing is predictable: the Los Angeles Dodgers are very good. In fact, they’re the best team in baseball, boasting a 22-8 record at the halfway point of the shortened season.They went 13-4 playing a stretch of 17 consecutive days that ended Sunday, capped by an 11-3 win over Colorado in which the Dodgers blasted seven home runs.Instead of being on fumes, manager Dave Roberts said, “We all feel really good.”It shows in their balanced offense and pitching. The Dodgers lead the majors in home runs (59) and runs scored (171). They also have the lowest team ERA (2.65), while their WHIP (1.04) is just behind Cleveland’s leading 1.03. The LA staff is doing it without David Price, who opted out of the season because of the coronavirus.They’ve stayed healthy, too, avoiding the COVID-19 cases that have wreaked havoc with others teams’ schedules.The Dodgers begin the second half Tuesday against the Giants in San Francisco.“The last 30 games is more of trying to identify the roles, the roster, winning baseball games,” Roberts said, “but we have more off days coming up in September, so that’s a good thing as far as managing workload.”The Dodgers’ depth has allowed Roberts to rest his players and pitchers, even with starter Alex Wood and reliever Joe Kelly on the injured list. Tony Gonsolin, good enough to be in a rotation elsewhere, moved back and forth from the alternate training site to be a sixth starter during the run of 17 straight games. Roberts has kept pitch counts under 100, too.The National League has the designated hitter thanks to the pandemic, and the Dodgers have made the most of it. Nine different players have been used in the extra spot, whether to give someone rest or get those stuck on the bench into the game.The Dodgers won a franchise-record 106 games last season to go with their seventh consecutive NL West title. They made a loaded roster even more so with the addition of Mookie Betts, who became the first Dodger to hit two homers and steal two bases in the same game Sunday. He blasted three homers in a game on Aug. 13.“He’s unbelievable,” second baseman Kiké Hernández said. “He’s one of those guys we didn’t get the opportunity to watch too often in a different league. Now you get to see him on a daily basis and you know what all the Mookie Betts hype is all about. There’s really not anything he can’t do.”Betts’ influence extends to the rare days he isn’t playing. He’ll sit on the bench watching his teammates and talk hitting.“Mookie is from that school of just asking questions, inserting information, giving his thoughts, which is always welcome,” Roberts said.The bottom of the lineup is producing, too. Three of the Dodgers’ seven homers on Sunday came from hitters sixth through ninth in the order. The team leads the majors in run production from those spots. Only one player in the lineup Sunday didn’t get a hit.“I don’t think there’s a better one through five in baseball, so when you’ve got to grind through that one through five, maybe you tend to forget about the guys at the bottom,” Hernández said.Some of the team’s biggest run producers — reigning NL MVP Cody Bellinger, Max Muncy and Joc Pederson — have gotten off to slow starts. Ross Stripling has struggled over his last three starts, but feels his stuff is still strong. Walker Buehler bounced back in his last start and is beginning to resemble the dominant pitcher he was last year.The Dodgers take a four-game lead over San Diego in the NL West into the second half.“We’re trying to run away with the division,” Hernández said. “That’s step number one to the main goal.”The ultimate goal, of course, is a World Series championship, something the Dodgers haven’t won since 1988 despite back-to-back appearances in 2017 and 2018.A shortened season wouldn’t make it any less sweet.“Just an odd year,” Roberts said, “but still a lot of fun.”Image credits: AP COMMENT FOLLOW US SUBSCRIBE TO US First Published: 25th August, 2020 06:55 IST WATCH US LIVEcenter_img LIVE TV Written By Associated Press Television News Last Updated: 25th August, 2020 06:55 IST Dodgers Reach Halfway Point With Baseball’s Best Record Even amid the upheaval of a pandemic, one thing is predictable: the Los Angeles Dodgers are very good. In fact, they’re the best team in baseball, boasting a 22-8 record at the halfway point of the shortened seasonlast_img read more

Betgenius and Unikrn are teaming up…

first_imgIt has been announced today that Betgenius, an arm of Genius Sports, and Unikrn have signed a partnership. Moritz Maurer, BetgeniusSports data and technology company Genius already supply the esports market odds to Betway and Sky Bet, and henceforth Unikrn will now benefit from the same package. This means that the esports only bookmaker will soon offer live markets and enter new European territories for real money betting.The partnership though is far more than just odds and markets. Genius Sports’ Head of Esports Moritz Maurer told Esports Insider: “We’re delighted to announce our partnership with Unikrn. They’re the most endemic of esports bookmaker in that they’ve built, and are building, an esports community of fans. They’re esports only and this is part of what attracted us to them.“We’ll be working with them to ensure that they can fully utilise our data and full offering to grow and expand beyond their already strong base. We have some big plans for new features and to build a truly immersive platform. With near immediate effect Unikrn will be benefiting from our comprehensive market offering; we offer over 450 unique live markets for more than 7,000 events annually.”Unikrn CEO Rahul Sood meanwhile told ESI: “The Genius Sports partnership is one important component to our European expansion.  We will be able to talk more about it soon, but for the moment just know we are working on creating a very immersive esports betting platform and Genius are working with us on the execution.“In recent times Genius Sports has re-positioned itself as a sports data company first and foremost, and whilst betting remains a key part of its offering, it’s only part of the full package. Maurer told ESI how the ‘capabilities of the platform in full are wide ranging and diverse.”Back in April, Genius established a partnership with FACEIT, whose ECS Finals are this weekend at Wembley. This has been aimed at ‘enhancing the way data and statistics are used in the ECS. In football Genius has similar arrangements in place with the likes of the Premier League and La Liga.The work they’re doing with ECS is expansive, and you can read more about this in an interview here, but a key part of it is around integrity. Maurer will be delivering an integrity workshop ahead of the ECS this week on the evening of Thursday June 21st.We asked whether the data driven approach by Genius also has a potential benefit for teams in esports. Maurer detailed that this is something they’re working hard on, and they’re in a number of discussions with organisations and third parties about how best to address this.Ultimately though this is the area of the work they’re doing that he believes could have the most exciting impact on the esports ecosystem. From utilising their data they can help teams with roster picks, strategy and commercialisation.Maurer commented: “Through the Genius esports platform we have effectively built a sustainable commercial framework designed to unlock potentials of data assets for rights holders through distribution via our products in media & betting while also delivering a suite of service & technology to stakeholders in the ecosystem”Genius is clearly aiming to harness data to provide beneficial options for stakeholders across esports. Its work in traditional sports in this regard is testament to the company’s potential to do so, but esports is of course a different kettle of fish.The company is aiming to align itself with the rightsholders in the space in order to best reach this goal. Maurer noted that they hope to reveal other similar deals to the partnership with FACEIT “in the near future”.The notion of a rising tide lifts all ships is evident here, and regulated and trustworthy organisations such as Genius Sports, ESIC and Sportradar are working hard on strengthening the backbone of esports as a whole. In regards to the betting space, it is companies like these that are helping to crackdown on the much discussed unlicensed skins betting space too.Esports Insider says: A huge piece of news for both Unikrn and Genius Sports. The work Genius are doing in regards to harnessing data for esports companies to make use of is undoubtedly interesting, and its potential in not just betting but the wider ecosystem is obvious. We look forward to seeing what comes out of this partnership.last_img read more

NBA free agency rumors: Pacers revamp backcourt, add Malcolm Brogdon, Jeremy Lamb

first_img Victor Oladipo could be out until 2020, Pacers president says Indiana is trading a first-round and two future second round picks to the Milwaukee for Malcolm Brogdon, league sources tell ESPN.— Adrian Wojnarowski (@wojespn) June 30, 2019Brogdon can play either guard spot and should fit well with Lamb ⁠— along with Victor Oladipo when he returns from injury. NBA trade rumors: At least 3 teams interested in Pacers’ Aaron Holiday NBA free agency rumors: Khris Middleton returning to Bucks on 5-year, $178M contract Lamb, meanwhile, had a career season with Charlotte in 2018-19. He scored 15.3 points per game and connected on 34.8% of his 3-point attempts.Oladipo, Indiana’s star, suffered a season-ending quad injury in late January. He is expected to miss the start of 2019-20. At some point, though, he’ll re-enter an upgraded Pacers lineup, as they also acquired forward TJ Warren in a draft-day trade. Malcolm Brogdon has agreed to a four-year, $85M deal with Indiana, league sources tell ESPN.— Adrian Wojnarowski (@wojespn) June 30, 2019Free agent Jeremy Lamb agreed to a three-year, $31.5M deal with Indiana, agent Jeff Schwartz of Excel Sports Management says.— Shams Charania (@ShamsCharania) June 30, 2019The Pacers sent a first-round and a pair of second-round picks to the Bucks in exchange for Brogdon, according to ESPN. He then agreed to a four-year, $85 million deal with the team.Brogdon averaged 15.6 points, 4.5 rebounds and 3.2 assists while shooting 42.6% from 3-point range in 64 games with Milwaukee last season. Related News The Pacers have a new backcourt.Indiana signed Jeremy Lamb to a three-year, $31.5 million contract and acquired Malcolm Brogdon from the Bucks in a sign-and-trade, according to reports from ESPN and The Athletic, which cite unidentified league sources.last_img read more