Swiss pension fund tenders $1.5bn commodity swap mandate

first_imgFurther, they should have at least $5bn invested in commodity swaps and a minimum of $20bn in assets under management as a whole.The investor also calls for a minimum three-year track record. Interested parties have until 29 September to apply.Performance figures should be stated net of fees and up until 30 June.The IPE.com 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 direct from IPE-Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email jayna.vishram@ipe-quest.com. A Swiss pension fund with more than CHF20bn (€16.5bn) in assets has tendered a $700m-1.5bn (€580m-1.2bn) enhanced commodity swap mandate using IPE-Quest.According to search QN1452, the pension fund is looking for swaps under the categories F2, CM and MB.The fund said it preferred a passive enhanced management style.Managers should employ the Bloomberg Commodity ex Agriculture Index, or sub indexes, with a maximum tracking error of 0.2%.last_img read more

Singapore Shipping Association Elects Its 1st Female President

first_imgThe Council of the Singapore Shipping Association (SSA), the industry voice of Singapore’s maritime community, has nominated the association’s first-ever female president since its founding in 1985.At SSA’s 23rd Annual General Meeting (AGM) held on June 26, 2019, the 2019/2021 council elected Caroline Yang, CEO of Hong Lam Marine, as the association’s president.Yang started her career with Hong Lam Marine as their in-house counsel in 1991 and has more than 25 years’ experience in the shipping industry.As President of SSA, Yang will be supported by two vice presidents and the SSA Secretariat headed by Michael Phoon. The two vice presidents nominated by the 2019/2021 council are Katie Men, Managing Director of Iseaco Investment and Rene Piil Pedersen, Managing Director of A.P. Moller Singapore.Ms. Caroline Yang is the first female President elected in #SSA’s 34 years’ history. She will be supported by Vice Presidents Ms. Katie Men & Mr. Rene Piil Pederson, as well as the #SSA Secretariat headed by Mr. Michael Phoon. Full media release athttps://t.co/uXCDfVPA9i pic.twitter.com/dYznnODWW3— SSA (@ssa_office) June 26, 2019Commenting on her nomination, Yang said, “I am honoured by the trust the council has placed in me by electing me as SSA president for the 2019/2021 term. The shipping community in Singapore has much to be proud of.”“This year, Singapore bagged the ‘Best Seaport in Asia’ for 31st time and also the ‘Best Green Seaport’ at the 2019 Asia Freight, Logistics and Supply Chain Awards. We were also recognised as the ‘Top Leading Maritime Capital of the World’ for the fourth consecutive time in a report issued by Menon Economics and DNV GL. Notwithstanding, the industry continues to face challenging conditions and digital disruptions. As we navigate into the future together, the task of the council is to work with all stakeholders to champion Maritime Singapore, to keep SSA relevant and responsive to our members, and to encourage participation by our members in our shared goal.” “I would also like to place on record the council’s deep appreciation to immediate-past president Mr. Esben Poulsson, who has been a tireless champion of the Singapore shipping industry. His term is marked by the move of SSA Secretariat into digitalization, and expansion of membership, and by preparing the industry for sweeping changes such as the sulphur oxides cap that goes into effect in January 2020,” Yang added.At the 23rd AGM, the council also named S. S. Teo, Executive Chairman and Managing Director of Pacific International Lines, an honorary member in recognition of his immense contributions to Singapore’s shipping industry, including as a long-serving councilor and president of SSA from 2003 to 2011.last_img read more

Rwandans prepare for a referendum on third presidential term

first_imgSupporters of the petition said Mr Kagame was the right person to lead the country of 11.8 million for another term.President Kagame has been in power since 2000 after he led a rebel army that ended the 1994 Rwandan genocide in which about 800,000 people were killed.Kagame himself hasn’t said whether he’ll stand if deemed eligible for elections scheduled for 2017.However he has said he is open to persuasion that the two-term limit in the constitution needs to be changed, and a petition to that effect has collected 3.8 million signatures.MPs  voted unanimously on Tuesday to back the petition, adding that a referendum would be called on whether to amend the constitution. Some MP’s say they have already started the referendum process.The opposition has expressed it’s displeasure over the call for the referendum to change the constitution in favor of President Kagame.Kagame’s government is credited with turning around Rwanda’s economy in the years since the genocide, but critics say he is an authoritarian ruler who does not tolerate opposition.Many of his former comrades have fled the country, saying their lives are threatened.If term limits are removed and Kagame runs again, he would join a growing list of regional leaders whose governments have jettisoned presidential term limits.In 2005, Ugandan lawmakers removed term limits from the constitution, allowing President Yoweri Museveni to seek re-election in 2006 and 2011. He is expected to run again in 2016. Rwanda is now preparing for a referendum on a proposed constitutional amendment to scrap presidential term limits and consequently allow President Paul Kagame to seek a third term.This follows its parliament’s approval on Tuesday, of a petition filed by over 3 million citizens.The petition urged for the change in the country’s constitution, to remove the article that limits the presidential tenure to two terms. Paul Kagamelast_img read more

Randy Fredrick needs your help

first_img Share LocalNews Randy Fredrick needs your help by: – November 30, 2011 Share Tweet Sharing is caring!center_img Share 40 Views   no discussions Randy FredrickHis case came to into national focus when local media house Marpin 2k4 visited his home and interviewed his mother about his condition.At that time Randy Fredrick was in severe pains, a state that has been constant since discovery of this tumor in March 2010. Thanks to the Ross University School of Medicine and a few other agencies including the National Youth Council, Fedrick and his family have being able to raise some of the funds needed to meet the costs associated with his surgery. However, support is still necessary, through prayers and financial contributions.In the last week his condition has worsened and after some long and painful days for him at the PMH, Randy will be flown to Barbados today. Doctors agree that his need for surgery is an emergent. This, then, is a call to the Dominican public to rally around this young man and his family and lend support to this cause by calling 1-767-317-4944 or 17-7-315-5892 and pledging.An account has been setup to deal with Frederick’s additional expenses while in Barbados. Please call and give your support.Press ReleaseFriends of Randy, Kalinago Territorylast_img read more

Local lawyer attends ITLA Annual Institute

first_imgAttorney John Schuerman serves on the ITLA Board of Directors.BATESVILLE, Ind. – Batesville attorney John Schuerman attended the Indiana Trial Lawyers Association (ITLA) 50th Annual Institute in Indianapolis in November. Schuerman is a member of the Board of Directors for the ITLA.“The Annual Institute is important to me because it gives me an opportunity to stay current with changes in state laws and bring that knowledge back to my work,” says John.Schuerman Law has served Indiana injury victims and their families for over 40 years. John notes that he remains committed to continuing education in order to serve clients with the latest information in the field.The annual event provides two days of legal education to attorneys in the state of Indiana, keeping them informed of important changes in Indiana Law. This year’s program featured nationally recognized speakers on a number of topics.Founded in 1956, the ITLA mission is a commitment to the “constitutional rights of open access to the courts and equal protection under the law for all persons in Indiana.” The ITLA provides essential knowledge on everything from ethics to cross examining at their Annual Institute.last_img read more

Sip, Snack, and Stroll while you learn local history

first_imgBatesville, IN — It’s still not too late to register for the Sip, Snack, and Stroll that is happening this Friday, August 21.  Register before Tuesday, August 18 at 5 pm to enjoy the summer fundraiser put on by the Batesville Area Historical Society.  Enjoy a historical walking tour of Batesville while you sample food and drinks from Gillman Home Center, Izzy’s at Hillcrest, Batesville Liquor Company, The Sherman, and Snikkers & Peanuts.  Food and drinks will be served in the Batesville Historical Museum garden starting at 5:15 pm and the tour starts at 6:30 pm.  The cost is $35 for members and $40 for non-members.  Call 812.212.9382 to register now.last_img read more

Van Niekerk smashes 400m in world record time

first_imgBy Nick Mulvenney RIO DE JANEIRO(Reuters)-South Africa’s Wayde van Niekerk ran the fastest single lap in history to win the 400 metres gold medal in 43.03 seconds and break a 17-year-old world record at the Olympic Games yesterday.Running in lane eight, the 24-year-old world champion got off to a flier and was streaking clear on the back straight but he upped his pace even further in the second half of the race to better American Michael Johnson’s 1999 mark of 43.18 seconds.Van Niekerk crossed the line a good five metres ahead of 2012 champion Kirani James and held his hands to his head in disbelief at his time before being embraced by the Grenadian, who took silver in 43.76.LaShawn Merritt of the United States, the 2008 Olympic champion, claimed bronze in 43.85, the first time the top three had run under 44 seconds in an Olympic 400 final.Johnson, who won back-to-back Olympic titles in the event in 1996 and 2000, was dumbfounded by the quality of Van Niekerk’s finish.“Oh my God! From lane eight, a world record,” Johnson said on the BBC. “He took it out so quick. I have never seen anything from 200 to 400 like that.”last_img read more

Cricket News Virat Kohli Smashes 26th Ton, Ties With Ricky Ponting For This Special Feat

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: Virat Kohli entering the record books and tying records is nothing new. The India vs South Africa Test in Pune witnessed a similar sight. Kohli scored his 26th century to put India on top against South Africa at the MCA stadium on Friday. This was his 19th century, putting him level with former Australia great Ricky Ponting. Graeme Smith of South Africa has the most with 25 centuries as a Test captain. The fact that Kohli achieved it in his 50th Test as captain of the Indian team shows that he is the ultimate player when it comes to achieving milestones.Kohli and Ajinkya Rahane had weathered the storm on an overcast evening session on day 1 but Kohli showed his mettle to negotiate the bowling. He notched up his fifty with two boundaries off Vernon Philander as he remained unbeaten on 63. Resuming on day 2, Kohli had his fair share of luck. He edged a full ball from Philander but it just flew past Quinton de Kock for a boundary. Also Read | MS Dhoni knows exactly what to do: Virat Kohli brushes aside queries of slow battingAs the session progressed and the partnership went past 100, Kohli still had some luck going his way. He withstood a testing spell from Anrich Nortje who induced the outside edge yet again but the ball went past the slips. However, Rahane was looking in great touch as he smoked a couple of boundaries and neared his fifty. The Mumbai right-hander was the first to reach his fifty when he cracked a four off Keshav Maharaj and notched up his 20th fifty. Also Read | MS Dhoni is a legend of the game, says Virat KohliKohli, though, had no problems negotiating the nervous 90s as he notched up a magnificent century by straight driving Philander to the long on fence for a glorious boundary. During the course of his knock, he overtook Dilip Vengsarkar’s tally of runs to be seventh on the all-time list of Indian players with the most Test runs. Sachin Tendulkar leads the tally with 15921 runs in 200 Tests. Incidentally, this was his first ton against South Africa in India, having smashed 119 and 153 in the Johannesburg and Centurion Tests of 2013 and 2018.The century in Pune was his 11th in a different venue in India, breaking the tally of 10 that was set by Sachin Tendulkar during his 24-year lating career. Thus, Kohli has broken one more record of Tendulkar and it remains to be seen how many more records will he break in his playing career. Kohli is already the most successful India captain, overtaking MS Dhoni’s tally of 27 wins and with this century, he has already cemented his legacy as one of the best batsmen in Tests.last_img read more

Petraeus begins term as professor

first_imgRetired U.S. General and CIA director David Petraeus began his tenure as the Judge Widney professor last week.The title distinguishes esteemed individuals in a particular field. Petraeus earned a Ph.D. in international relations from Princeton University, but at USC, he will be working with many different schools and programs. His involvement will range from programs for veterans to energy use and the economy.The beginning · General David Petraeus lectured for the first time as part of USC’s faculty, centering on energy and the U.S. economy. – Ralf Cheung | Daily Trojan Petraeus guest lectured for the USC Sidney Harman Academy for Polymathic Study last week, when he discussed the revolutions in energy, information technology and manufacturing, and how these changes could possibly boost the U.S. economy.USC has 875 veterans currently enrolled and 120 more students are part of Price School of Public Policy’s ROTC program. Petraeus is also the faculty adviser for the USC Veterans Association. He began his tenure by speaking with researchers from the Center for Innovation and Research on Veterans & Military Families. Through cooperation with the Institute for Creative Technologies, the center has developed a virtual human avatar, which will allow the School of Social Work to study the needs of veterans and their families.As part of his first official week as a professor at USC, Petraeus also opened a national conference for the Price School of Public Policy concerning veterans’ transition from war to home and lectured for the Marshall School of Business to the first class of students in the Master of Business for Veterans program.Petraeus said his decision to join the faculty of USC was influenced by his belief in USC’s rising potential and by the school’s attention to the service sector.“USC is in the middle of a surge,” Petraeus told USC News. “USC has a great faculty, great students and the weather’s fantastic. It’s hard to beat.”last_img read more

Gallery: Syracuse falls in the final moments to No. 3 Clemson, 27-23

first_img Facebook Twitter Google+ Published on September 29, 2018 at 9:10 pm Commentscenter_img Syracuse (4-1, 1-1 Atlantic Coast) allowed a touchdown with under a minute remaining, ruining a chance at yet another shocking upset over No. 3 Clemson. The Orange in its, 27-23, loss were gashed by the Tigers’ running backs and couldn’t hold onto a game that it controlled for almost 59 minutes.Here are the best shots from the game.last_img