CERN pension fund CIO to chair new SBAI body

first_imgElena Manola-Bonthond, CIO of CERN pension fund“As a global investor, having agreed standards facilitates our due diligence and raises the quality of manager practices for the benefit of all market participants.”Mario Therrien, chair of the SBAI, said: “We are excited about the launch of the EMEA committee and are grateful for the support of the industry leaders who agreed to serve as its members.“While the SBAI’s standards are universal in nature, it is important that we have industry leaders to address unique topics and facilitate the dialogue between regional asset owners, managers and regulators.”Therrien is head of strategic partnerships for developed markets at Caisse de depot et placement du Quebec, and was appointed SBAI chair in April, alongside Luke Ellis, CEO of Man Group as deputy chair.Looking for IPE’s latest magazine? Read the digital edition here. It is the SBAI’s third regional committee. Managers from Europe, including the UK, account for 35% of the SBAI’s signatories and institutional investors in Europe account for 32% of its “Investor Chapter” members.CERN’s Manola-Bonthond said: “I am honoured to chair the SBAI’s EMEA committee to help further the important work and growing adoption of the alternative investment standards in this region. Elena Manola-Bonthond, chief invesment officer of the CHF4.4bn (€4.1bn) CERN Pension Fund, has been chosen to chair a committee that the Standards Board for Alternative Investments (SBAI) has established to focus on its work in Europe, the Middle East and Africa (EMEA).The SBAI said membership of the 11-strong committee would generally be split equally across asset owners and investors.Representatives of the former on the new committee include Roy Kuo, team head, alternative strategies at Church Commissioners for England; Kai Rimpi, head of hedge funds at Varma Mutual Pension Insurance Company; and Patrick Bronger, expert portfolio manager at APG Asset Management.Doc Horn, head of total return equities at Pictet Asset Management, has been named deputy chair of the new EMEA committee.last_img read more

Cannabis: I wish this referendum had a third option

first_imgStuff 11 February 2019Family First Comment: Interesting commentary“As a parent, I am worried about the normalisation of weed – worried that it becomes as common and accepted as seeing a group of workers puffing on cigarettes on the street during smoko/vapo, or passing an outdoor bar filled with jolly drinkers. Some friends visiting from the legal-marijuana state of Colorado recently reported people openly smoking dope on the streets, despite public consumption remaining illegal.  The neighbourhoods around high schools, they said, generate plenty of afternoon business for local growers.  For my extended family in Illinois, where its medicinal use has been legal for two years and 2019 is likely to bring recreational legality, cannabis is easy to source and casually discussed in many circles.”OPINION: When sex work was decriminalised in 2003, it made sense to me. Shining some legislative light on an industry that had functioned in regulatory darkness for millennia seemed the right thing to do, at last allowing health and safety standards, tax obligations, and employment laws into workspaces of the industry’s staff, clients and business owners.By most accounts, the Prostitution Reform Act took the crime out of sex services in New Zealand.  After 15 years and many evaluations, including surveying sex workers, many now agree this contentious legislation has had a positive effect on, at least, the working environment and safety of sex workers and their clients.Could cannabis users benefit from similar thinking?  Should we get the growth and sale of marijuana out of dank tinny houses and gang-controlled crops and into the light of our everyday?Medicinal cannabis is a no-brainer; it’s alarming that such an effective pain relief didn’t hit the legitimate market decades ago.  Dealing with laws around its recreational use is much more vexed.I have always liked the idea of regulating aspects of the sector to improve both the quality of the product and the conditions for people working in the sector. For example, if growers were part of a legitimate, not hidden, supply chain, government could ensure consumers are aware of the level of the crop’s THC – the plant’s active ingredient, responsible for most of its psychological effects. Governments around the world already regulate how alcohol and tobacco products are marketed so their alcohol and nicotine levels are known to buyers. The notion that a regulating structure could bring consistency to a drug used by 13 per cent of Kiwis (the UN Office on Drugs and Crime tells us) sounds as sensible as legitimising prostitution work.But as discussion of cannabis legalisation increases after the government announcement of a binding referendum on the issue next year, and as my kids blast through adolescence surrounded by risks and distractions my generation never had to face, I have recently questioned my thinking.As a parent, I am worried about the normalisation of weed – worried that it becomes as common and accepted as seeing a group of workers puffing on cigarettes on the street during smoko/vapo, or passing an outdoor bar filled with jolly drinkers. Some friends visiting from the legal-marijuana state of Colorado recently reported people openly smoking dope on the streets, despite public consumption remaining illegal.  The neighbourhoods around high schools, they said, generate plenty of afternoon business for local growers.  For my extended family in Illinois, where its medicinal use has been legal for two years and 2019 is likely to bring recreational legality, cannabis is easy to source and casually discussed in many circles.  If New Zealand follows the trend and votes yes in the referendum, having weed as part of our everyday lives is something we will have to be ready for.READ MORE: read more

Fire Totals Vehicle, Damages Local Business

first_imgA fire occurred at Eckstein & Shane in Morris on Thursday evening.A vehicle fire caused significant damage to a local business on Thursday.The blaze occurred at Eckstein & Shane in Morris around 7:30 p.m.Firefighters from Morris, Sunman and Batesville were on the scene at 14241 N. Morris West St., as flames from the vehicle caused damage to the building.Owner Rick Shane said the electrical fire began in a truck that was parked inside the building. He was unsure of the exact amount of damage and what will happen to the building.No one was injured and the business is operating under normal business hours.last_img

2015 Milan Youth Football Camp

first_imgThe Varsity Football Staff would like to invite 1st-8th Graders to attend the 2014 Milan Youth Football Camp.Milan 2015 Youth Football Camp BrochureIt will be taking place Monday, July 6th thru Thursday, July 9thfrom 11am to 1:30pm.Cost is $40.   Cash or Check payable to Milan Football.Courtesy of Indians Coach Rob Page.last_img

Lambert goes on the front foot

first_imgPaul Lambert will not curtail Aston Villa’s dynamic style of play despite recognising the need to end a run of 25 Barclays Premier League games without a clean sheet. The Scot earned plaudits last season for his side’s attacking philosophy, even though they spent much of the campaign battling relegation due to their tendency to leak goals. However, Villa seem better positioned to play with freedom this term after Lambert bolstered his squad over the summer and continues to mould the side he wants. Press Association “Listen, I don’t bring players in to say ‘you can sit on the bench for six months’,” said the Scot ahead of Saturday’s Premier League clash at home to Newcastle. “He’s here to help and that’s what he’ll do. “We’ve got options here now. I can play the two of them up front, I can do what I want really, because he’s a number nine. Which is what I think we’ve needed as well.” Lambert added: “He’s different (to what we’ve got) but what I do know is that he can score goals. We know that. He’s a handful and he’s played in Serie A, a league renowned for some of the hardest defending you can come against. “It’s really tough to get away from a defender in Italy. His goalscoring in the Europa League was incredible, to score 10 in 11, an incredible rate at that level when you’re up against top players in that competition as well. “I don’t know what happened at Lazio and what went on that meant he couldn’t get many starts in Serie A but if you’re hitting 10 goals in 11 games in the Europa League it shows you know where the goal is. “He scored a brilliant goal the other night against Italy in a real high-pressure game, so I don’t have any worries about him at all.” “Of course I want to put it right at the back but I want a team that’s exciting,” he said. “I want to try to attack. This season we’ve started off by playing really well and we’re doing well at the moment.” Lambert, whose side beat Arsenal away before losing narrowly to Chelsea and Liverpool this season, added: “We’ve taken a lot of confidence from the first three games. “Sometimes you can walk out of a game thinking you deserved to be beaten but against Chelsea and Liverpool I don’t think we deserved to lose. We played really well at Stamford Bridge and particularly in the second half against Liverpool I thought we deserved something. “You can take that confidence from it because the way we played was really positive. If we keep doing that and keep that belief in what we’re doing (we’ll be okay). “I’ve seen that this week in training. I haven’t had to say much because it’s been that high-level. We just have to take that into Saturday.” Villa’s attacking department has been further enhanced this summer by the arrivals of strikers Nicklas Helenius and Libor Kozak, the latter a late signing from Lazio before the transfer deadline. Lambert insists the Czech Republic international has been brought in as much more than cover for star striker Christian Benteke. last_img read more

The Latest: Inter Milan postpones resumption of training

first_img Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Inter Milan has postponed the return of its players to the training field because not everyone on the team has been tested for the coronavirus. May 6, 2020 ___German soccer could be cleared to resume when Chancellor Angela Merkel meets with the governors of the country’s 16 states.The dpa news agency reports that May 15 and 21 are being considered by the federal government as start dates for the Bundesliga.The league has introduced blanket coronavirus testing at clubs and is eager to finish the season by the end of June. That is when some player contracts expire.The push to resume has faced a backlash. There have been at least 11 positive tests of players and staff since testing began last week and Hertha Berlin forward Salomon Kalou was suspended after posting a video showing social distancing measures being flouted at the club. ___Soccer players in Spain are going back to their team’s training camps for the first time since the country entered a lockdown nearly two months ago because of the coronavirus outbreak.Players for Barcelona, Real Madrid and other clubs arrived for medical tests and to start preparing for the return to training this week.The majority did not wear masks or gloves. Lionel Messi and Luis Suárez were among those without masks when they drove into Barcelona’s training center. Antoine Griezmann, Arturo Vidal and Ivan Rakitic had masks on.Real Madrid players Gareth Bale, Luka Modric and Karim Benzema arrived without masks like most of their teammates. The Croatian soccer federation says it wants to restart the season on May 30 with the cup semifinals.The country’s 10-team league is set to resume with all games in empty stadiums on June 6 amid the coronavirus pandemic.The Croatian federation is led by former player and UEFA executive committee member Davor Suker. It says final approval must come from public authorities. Lower-level leagues will not be completed.Dinamo Zagreb leads the league by 18 points over Rijeka with 10 matches remaining.Four clubs are in contention for the runner-up spot and a place in the qualifying rounds of the Champions League. The Latest: Inter Milan postpones resumption of training The league is trying to find a way to resume in June but group practice sessions have not yet started.Purslow tells talkSPORT radio that “we haven’t got to the crucial protocols that relate to actually playing football. Until we crack the code of making our great contact sports safe then the conversation we’re having is hypothetical.”Aston Villa has joined Brighton and West Ham in expressing public opposition to the current “Project Restart” plan that would see all remaining games played at neutral stadiums.Purslow says “we have six home games left to play so any Villa fan would agree that giving up that advantage is a massive decision for somebody running Aston Villa and I certainly wouldn’t agree to that unless the circumstances are right.”Villa is in next-from-last place in the Premier League and two points from safety with 10 games remaining.center_img The training centers of all clubs were disinfected in the last couple of days. All players and members of the coaching staff are going to be tested for COVID-19 before training can resume.Players will initially train individually. The league wants a training period of about a month before it can restart in empty stadiums. It hopes to resume sometime in June.___Paris Saint-Germain has donated 100,000 euros ($108,000) to the Action Against Hunger charity amid the coronavirus pandemic.The money provides charity workers helping those at risk with protective equipment such as surgical masks, goggles, gloves, gowns, gels and thermometers. The Parc des Princes has been operating as a support base for the charity in the Greater Paris region.PSG says club volunteers have helped charity staff “make, assemble and store hygiene kits and health equipment for those most at risk.” More than 2,000 people have benefited from hygiene and household kits.PSG president Nasser al-Khelaïfi says the charity’s “wide-ranging work in many fields is more essential than ever.”___Aston Villa chief executive Christian Purslow says Premier League clubs have yet to settle on protocols to ensure a safe return to playing during the coronavirus pandemic. ___More AP sports: and,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 Serie A players are set to resume practice this week under a strict set of guidelines amid the pandemic and Inter was slated to restart on Wednesday.But Inter’s Suning Center remains closed and is now expected to reopen at the end of the week.Inter’s team doctor was one of three Serie A physicians who were hospitalized with the virus.Most of the other Italian league clubs are resuming training on an individual basis this week before full team training restarts on May 18.___ Associated Press last_img read more

Veterans will boost T20 squad, help young players –  Bravo

first_imgCHENNAI, India (CMC) – All-rounder Dwayne Bravo has hinted at the return of seasoned Twenty20 campaigners Chris Gayle, Andre Russell and Sunil Narine, and believes their presence will have a significant impact on the young West Indies side.The 36-year-old Bravo on Friday confirmed he had ended his retirement and would be available for West Indies selection, and said once the highly-rated trio were back in Windies colours, it would augur well for the unit.Left-hander Gayle made himself unavailable for the current tour while it is understood off-spinner Narine and all-rounder Russell are not yet fit enough.“If Russell is back, myself and Narine are back … we don’t know what the Universe Boss (Gayle) is doing but you never know,” Bravo was quoted as saying after announcing the end of his retirement.“He can also be available. We will love to have him around as he’s a father figure for all of us and we respect him. Having a Chris Gayle in the team is always special, but it’s up to him to make his decision.“But, like I said, we’re looking forward to put the squad together. Whenever we put an XI on the field, it will be an XI that people will come to watch.”Bravo has not played for West Indies in 15 months while Gayle has not turned out in a T20 International in 10 months, following the England series in the Caribbean earlier this year.Russell has been plagued by an injury which abruptly ended his World Cup campaign last June while Narine last played in August when India toured the Caribbean.Bravo, a veteran of 450 T20s, said he expected the younger players to accelerate their development with the seasoned players alongside them.“We just have to talk to them and allow them to make their mistakes and allow them to figure out their game,” Bravo pointed out.“Give them the opportunity and let them know that they belong to the system. What used to be the problem in the past is if a player played two-three games and he didn’t perform, he gets dropped.“In these formats, you expect players to fail, especially when you’re a top-order player because your responsibility is to get the team off to a flier and that takes a lot of risks. You just have to give players opportunities and back them – whether they’re performing or not.”West Indies are preparing for the defence of their T20 World Cup title at the showpiece in Australia next October.last_img read more

Smith happy back in S. Africa, first time since Sandpapergate

first_imgBy Nick Said                  JOHANNESBURG, South Africa (Reuters) – Australia batsman Steve Smith says his reception in South Africa has been “lovely” on his first tour since the infamous ‘Sandpapergate’ scandal, but expects that to change when he steps onto The Wanderers tomorrow.Australia take on hosts South Africa in the first match of a three-game Twenty20 International series at a ground nicknamed ‘The Bull Ring’ for its hostile atmosphere, where England’s Ben Stokes had an altercation with a fan as recent as last month.Smith and team mate David Warner were banned by Cricket Australia for a year, and Cameron Bancroft for nine months, after their involvement in an attempt to alter the state of the ball using sandpaper during a Test tour of the country in March 2018. “It’s nice to be back playing in South Africa,” Smith told reporters on yesterday. “The last time I was here things didn’t end overly well, but I’ve also got really fond memories of playing here.“Just walking into the hotel in Sandton, initially I was like, ‘the last time I left here it wasn’t pretty’. It wasn’t the best time in my life. But I’ve moved on from that and learned a lot.“I’ve been back playing for a year now. I’m really enjoying it and I feel like I’m playing well. I’m in a nice place.” Smith says there have been no signs of animosity from South African fans off the pitch. In fact, quite the opposite.“Everywhere I have been the people have been lovely. Guys have come up and taken some photos and been really nice,” he said.“It’s been normal, the same as compared to when I’ve been here previously. It’s a terrific place to tour and I’m glad to be back.” But he expects that to change once the games begin, especially at one of South Africa’s most intimidating venues.“I think they’re hostile here at the best of times,” he said.“It doesn’t bother me too much. (coach) Justin (Langer) said the other day that we had the dress rehearsal in England (last year). There was a fair bit going on there.“I don’t notice it, particularly when I’m batting. Maybe a little bit when I’m fielding, but then again, it’s just words, it doesn’t affect me. It’s about getting on with the job.”The Twenty20 series starts in Johannesburg, before moving to Port Elizabeth on Sunday and finally Cape Town next Wednesday. The sides will then clash in three ODI matches.last_img read more

Keck workers plan to protest poor benefits

first_imgMore than 900 USC Keck School of Medicine healthcare workers will participate in a one-day strike on Feb. 10 to protest the low quality of benefits and wages that hinder their ability to provide care. These healthcare workers, represented by the National Union of Healthcare Workers, are joined in solidarity with 1,200 nurses that are part of the California Nurses Association, who will be holding an informational picket at the same time.The complaints of the caregivers, are divided into three primary concerns: “staffing cuts that jeopardize patients, poverty wages and unaffordable health insurance, and inadequate and discriminatory retirement and tuition benefits,” according to a press release by the NUHW.Healthcare workers claim that staffing cuts have rendered them both overworked and underpaid, leaving them in dire straits when it comes to providing adequate care. The NUHW’s press release very pointedly emphasizes Keck Medicine CEO Thomas Jackiewicz’s 30 percent pay raise, in addition to Keck Medicine’s 2015 employment of Huron Healthcare, a healthcare consultancy “dedicated to delivering best-in-class revenue enhancement, expense reduction and clinical transformation solutions,” according to its website. The criticism is that the Keck is spending more money trying to cut down on costs rather than sufficiently pay its workers.According to the NUHW, of the 900 healthcare workers who are striking, “one of every six earns less than $15, and some earn as little as $10.15 an hour.” This requires many healthcare workers to rely on public assistance; for instance, a big concern is Keck’s expensive medical plan, which leaves workers forced to use Medi-Cal.The third plank of the NUHW-led worker’s qualms involves the fact that Keck does not provide tuition assistance to its workers, which helps to financially assist the children of USC faculty who aim to study at USC. The workers claim that it also does not provide workers with a retirement plan that allocates a 5 percent 401(k) contribution.Alex Corea, a respiratory therapist, union steward and bargaining team member relates a growing dissent with USC’s actions following the NUHW’s split with the Service Employees International Union.“When USC took over, we felt as though USC was going to embrace all the employees and treat us all the same, which became something that the employees were looking for -— in a sense, to be made whole,” Corea said. “Come to find out, that was not the case, and USC did not have the intention of making everybody whole.”last_img read more