AP4’s Ekvall calls for AP funds to have direct investment tools

first_imgThe chief executive of Sweden’s AP4 has called on the country’s legislators to give the funds the direct investment tools they need to make use of proposed new investment freedoms.Niklas Ekvall said in the fund’s newly-published annual report: “We are to be given the opportunity but not the tools, which we find hard to believe is the intention.”He referred to the proposed change in the investment rules for Sweden’s five AP funds, which invest capital to support the country’s first pillar pension schemes. The rules are currently going through the legislative process.Ekvall praised the proposal for allowing more flexibility in terms of allocation between different types of investment, with the key elements being a reduced requirement to hold liquid and high-quality interest-bearing securities and increased scope to invest in illiquid assets. “It is important, however, that this modernisation at the allocation level is followed by the corresponding level of modernisation of investment and instrument types in order not to significantly limit the more flexible allocation mandate, and impose unnecessarily expensive management,” Ekvall said. Niklas Ekvall, chief executive, AP4It was particularly important that the AP funds had the opportunity to make long-term and cost-effective direct investments such as joint ventures in unlisted companies, as well as investments in infrastructure, unlisted loans, and long-term sustainable assets.Ekvall made similar comments in the pension fund’s consultation response last autumn.The reform – part of a broader pensions overhaul in Sweden – is scheduled to take effect this summer.In financial results, AP4 reported it made a 9.1% net return on investment in 2017, on the back of “generally favourable performance for the global equity markets”.This return matches the return posted by AP2 earlier this month.AP4 said it would continue developing sustainable investments in its focus areas of climate, environment, and corporate governance.“Our low-carbon strategies increased to almost 31% of the global equity portfolio during 2017,” Ekvall said. This compared to 24% of the portfolio a year earlier.He said AP4 intended to increase these investments further and also widen the scope of sustainable investments.“We are doing this to lower the risk in the portfolio and create conditions for better returns,” he said.AP4’s total assets increased to SEK356.6bn (€35.6bn) at the end of 2017, from SEK333.9bn a year earlier.last_img read more

Barcelona’s Ter Stegen set for new deal as club eyes transfers – reports

first_img Promoted ContentYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical7 Theories About The Death Of Our Universe6 Major TV Characters We Were Relieved To See Leaving The ShowBirds Enjoy Living In A Gallery Space Created For ThemSome Impressive And Almost Shocking Robots That Exist8 Weird Facts About Coffee That Will Surprise You11 Most Immersive Game To Play On Your Table TopThe Biggest Cities In The World So Far7 Truly Incredible Facts About Black Holes7 Of The Wealthiest Universities In The World10 Characters That Should Be Official Disney Princesses Sources have told ESPN that president Josep Maria Bartomeu, whose mandate runs until 2021, wants to ensure that both Lionel Messi and Ter Stegen have signed new deals by the time he leaves his role.Messi’s terms run until 2021 but he could leave the club for free in the summer if he chooses to. However, he recently said that he is happy at Barca, where he has spent his whole career, while the club are optimistic of agreeing a new contract with him soon.Ter Stegen, meanwhile, has two years to run on his deal, which expires in 2022, but his role at the club has greatly changed since he signed his last renewal in 2017. After Messi, many people now feel the goalkeeper is the most important player in Quique Setien’s team.The Germany international is happy at the club but Barca will have to show him how much they value him to ensure that remains the case.Pep Guardiola desperately tried to take him to Manchester City in 2016 before eventually signing Claudio Bravo instead, with Barca backing Ter Stegen over the Chilean, who had been their No. 1 in La Liga for the previous two seasons. Sources have told ESPN that, more recently, Juventus have shown an interest.Reports earlier this week even suggested that Ter Stegen could leave at the end of the season but sources close to the player insist that is not the case.Messi and Sergio Busquets are among those to have criticised the club in recent weeks as the rift between the players and the board widens and Ter Stegen also feels there are areas where things can be improved. However, his preference is to stay at Camp Nou. Barca are finalising their plans for the summer, when they will invest heavily in the squad, with Neymar and Lautaro Martinez among their top targets, before turning their attention to renewing some of the team’s key players. Barcelona will offer Marc-Andre ter Stegen an improved contract before the end of the year to reflect his growing importance at the club, multiple sources have told ESPN.Advertisementcenter_img Read Also: Salah: Best option to replace Messi at Barcelona – McManamanIn a 2018 interview with ESPN, Ter Stegen said that he feels “more and more Catalan” all the time and he has recently moved into a new house in Castelldefels, which he helped design. He also became a father for the first time in January, with the baby born in Barcelona.He has also just signed a sponsorship deal with the Catalan car manufacturer Cupra, which sources explain is another sign of his commitment to the region which he’s called his home since signing from Borussia Monchengladbach in 2014.FacebookTwitterWhatsAppEmail分享 Loading… last_img read more

Columbus man arrested on theft charges

first_imgGREENSBURG, Ind. — A Columbus man is facing multiple theft related charges after police say he stole multiple power tools from a Greensburg shop owned by relatives.The Decatur County Sheriff’s Department says Denver C Hamilton, 21, was arrested on Sunday following an investigation that led to a warrant.According to police Hamilton entered a building on his relatives’ property without permission, and took saw, a belt sander, and other power tools.Hamilton is facing 2 felony counts of burglary, and a felony count of theft.last_img

Pogba contract extension talks to begin after UEL campaign

first_img Promoted ContentThe World’s 7 Most Spectacular Railway Stations7 Ways To Understand Your Girlfriend Better20 Photos Of Kendall Jenner That Force You Love Her Even More8 Addictive And Fun Coffee Facts11 Greatest Special Effects Movies Of All Time10 Risky Jobs Some Women DoThe Highest Paid Football Players In The World5 Of The World’s Most Unique Theme Parks7 Of The Wealthiest Universities In The World2020 Tattoo Trends: Here’s What You’ll See This Year9 Facts You Should Know Before Getting A TattooThe 10 Best Secondary Education Systems In The World “Pogba is happy at United and he’s expecting them to open contract talks once their Europa League campaign is over. “His current deal runs out next summer but United always insert this year option so they don’t get caught out with free transfers. Read Also: UCL: Choupo-Moting seals PSG comeback against Atalanta“It should be said United are in a better position to negotiate with Pogba and the returning Dean Henderson, as it stands from Sheffield United, following the departure of Alexis Sanchez and all of the money his wages have now freed.“There appears to be a willingness from all parties to get around the table as far as Pogba is concerned.”FacebookTwitterWhatsAppEmail分享 Loading… Paul Pogba will not be leaving Manchester United this summer as the 27-year-old midfielder now appears ready to commit to the Red Devils for the foreseeable future. According to a report from Sky Sports, not only is Pogba happy at Man United these days, but he also expects negotiations over a new contract to begin after the club’s Europa League run ends. United are set to face Sevilla in the quarterfinals on Sunday, with the final looming large next Friday, Aug. 21.Advertisementlast_img read more

WWE Wrestling WWE SummerSlam: Brock Lesnar vs Roman Reigns as it happened

first_imgNew Delhi: World Wrestling Entertainment’s (WWE) summer extravaganza SummerSlam was full of surprises for the fans. In the main event of WWE SummerSlam, Roman Reigns was up against the beast incarnate Brock Lesnar for the WWE Universal Championship and the match lived up to its hype.After both Roman Reigns and Brock Lesnar entered the ring, Paul Heyman took over the microphone and in his usual rampant style started announcing, “Defending, defending, defending, defending, defending…” and suddenly a music interrupted the announcement. What happens next? A giant of an athlete comes walking in his own brute style, and that athlete was none other than Money in the Bank holder Braun Strowman.There was a huge pop after Braun entered by saying that everyone knows the history of the briefcase and will never cash it while his opponents are down on their back and he will only cash it while standing face to face with his opponents.ALSO READ: WWE SummerSlam 2018 Results: Final Results, HighlightsBraun dropped the mic and got out of the ring while Lesnar stared straight at him. The bell rang and Roman Reigns quickly thumped Lesnar with a couple of Superman Punches and followed by a brutal Spear.However, when Reigns tried to make things dirtier, Lesnar grabbed him with the guillotine choke with Braun looking straight at him from the ringside. Reigns counters it and both go down.ALSO READ: Benjamin Mendy’s special tweet for David Silva’s son MateoLesnar got up and ripped his gloves off. But, Reigns tried to hit another Superman punch only for Lesnar to counter it with his iconic German suplex. Reigns countered the F5 and tried to hit a spear, but Lesnar side-stepped and Reigns went straight crashing into Braun Strowman.Brock then stepped outside of the ring and hit Reigns with an F5 and followed up by thrashing Brown with the Money in the Bank briefcase before hitting him an F5. But as Lesnar returned to the ring, Reigns nailed a Spear out of nowhere and pinned him for the title.THE BIG DOG is ON TOP of the mountain! @WWERomanReigns is #UniversalChampion!#SummerSlam #RomanReigns pic.twitter.com/eoCWP7XT6U— WWE SummerSlam (@SummerSlam) August 20, 2018 For all the Latest Sports News News, WWE Wrestling News, Download News Nation Android and iOS Mobile Apps.last_img read more

SCA opens new Dennis Hopper exhibit

first_imgThe recently acquired Dennis Hopper exhibit, “Part of Being an Artist: The Dennis Hopper Collection, Selected Artwork and Ephemera”, opened at the School of Cinematic Arts on Tuesday. The exhibit is currently open exclusively to USC students, faculty and staff, but will be open to the public Oct. 10 through Nov. 26.The exhibit contains photographs, scripts and other memorabilia commemorating Hopper’s work as an actor, director and photographer. The main features of the exhibit are two large photographs of Andy Warhol and his work from Hopper’s collection, “The Lost Album”. Also on display is the Louisville Slugger baseball bat that was made personally for Hopper.The photographs on display were taken between 1961 and 1967 during Hopper’s most prolific period. Steve Hanson, head librarian of the Cinematic Arts Library, is a co-curator of the exhibit. Hanson said the Hopper exhibit has “a touch of everything.”“He took photos of everything. That was his thing,” he said.Hopper’s life is documented through his work in both the film and music industries. According to Hanson, Hopper’s career as a director began based on the advice of James Dean. Dean, Paul Newman and John Wayne were all friends of Hopper and can be seen in some of the photographs on display.“The circle of friends he had was amazing, from all walks of life,” Hanson said.The Hopper exhibit was acquired by USC from the Hopper Art Trust, which distributes the artist’s work throughout the world. Initially, the collection started with various movie scripts, VHS tapes and books. It has grown to its current size with the help of Hopper’s daughter, Marin, and Steve Hanson’s co-curators, Taylor Livingston and Sandra Garcia-Meyers.“It’s sort of like a family thing. Anything that someone donates to us, we work with,” Hanson said.Pieces of Hopper’s collections have previously been on display in the Gagosian Gallery in New York and the Museo Picasso in Málaga, Spain. This is the first time a Hopper collection has been on display in Los Angeles since 2010.SCA is working in collaboration with Visions and Voices to honor Dennis Hopper. Easy Rider, a film Hopper both directed and acted in, will be screened on Sept. 12 at 7 p.m. by Visions and Voices, which will also be showing another Hopper film, The Last Movie, on Nov. 14. After the screenings, panel discussions with some of Hopper’s colleagues will be held.In March 2010, Dennis Hopper was honored with a star on the Hollywood Walk of Fame. He passed away two months later in Venice, California, after a 55-year career in the film industry.last_img read more

Quisenberry leads Youngstown St. past UIC 70-64

first_img LIVE TV COMMENT Written By SUBSCRIBE TO US First Published: 31st December, 2019 12:11 IST Associated Press Television News center_img Darius Quisenberry had 20 points as Youngstown State beat Illinois-Chicago 70-64 on Monday night.Naz Bohannon had 12 points and 12 rebounds for Youngstown State (9-6, 2-0 Horizon League). Michael Akuchie added 10 points. Donel Cathcart III had six rebounds for the visiting team.Godwin Boahen had 15 points for the Flames (6-9, 1-1). Braelen Bridges added 10 points and three blocks. Tarkus Ferguson had six rebounds.Youngstown State matches up against Cleveland St. on the road on Saturday. Illinois-Chicago plays Green Bay on the road on Friday. Last Updated: 31st December, 2019 12:11 IST Quisenberry Leads Youngstown St. Past UIC 70-64 Darius Quisenberry had 20 points as Youngstown State beat Illinois-Chicago 70-64 on Monday night. WATCH US LIVE FOLLOW USlast_img read more

Fifa defends video referees

first_imgFootball’s world governing body’s described video referees as “the future”, defending their role in the Confederations Cup.Fifa president Gianni Infantino said in a statement, it’s helping referees make correct decisions at what’s a “milestone tournament”.The VAR (pron: V-A-R) system’s been used five times in Russia during the first round of group games. Photo © Pixabaylast_img

Acting Premier League chief executive claims betting attracts viewers

first_img Related Articles Share Submit Premier League looks to broadcast every behind-closed-door fixture August 28, 2020 Spotlight ups matchday commentary reach and capacity for new EPL Season  August 21, 2020 StumbleUpon Share Flutter moves to refine merger benefits against 2020 trading realities August 27, 2020 Richard Masters, Interim Chief Executive of the Premier League, has told BBC Sports’ Dan Roan that he believes betting attracts people to football and has in turn become part of the game. The revelation comes shortly after Wayne Rooney’s controversial transfer to Derby County, involving betting company 32Red, which concluded with the former England captain being given the number 32 jersey – drawing criticism from sports minister Nigel Adams in the process: “The No 32 shirt is a very crafty move by Derby,” said Adams. “I would ask them to look within themselves and think about the impact that problem gambling can have on some in society, particularly vulnerable people and youngsters.”When questioned on the relationship between the Premier League and betting, Masters stated: “Our football clubs have had relationships with betting companies for a long time. There are guardrails with how those relationships can be activated and our clubs adhere to those very carefully.“We also have betting rules in place and lots of integrity measures to protect the competition. We ourselves, the Premier League, do not have a relationship with a betting company.”As things stand, half of all Premier League clubs have front-of-shirt sponsorship deals with gambling companies, while in the Championship, Huddersfield Town were the subject of a Paddy Power publicity stunt which has since landed the club in hot water with the FA. Masters’ comments are just the latest in a summer which has been strife with questions over the relationship between football and betting.The interim chief executive concluded: “I don’t think we’re at a position yet where we’re concerned we have to intervene and nor does the government. Betting is part of what brings people into football, it’s only a small part of it but it is part of the game.”last_img read more

Stephen F. Austin’s ‘biggest’ win over Duke sends clear signal to college hoops critics: November matters, too

first_imgIf this were another low-major program that had gone into Cameron Indoor Stadium and won, that statement would have been indisputable. But SFA has reached the NCAA Tournament five times in the past 10 years, and each of those appearances required a Southland Conference tournament final victory to assure the Lumberjacks of a bid.And they advanced in two of those years: They beat No. 5 seed VCU in overtime, 77-75, in 2014. Two years later, they throttled No. 3 seed West Virginia, 70-56, and advanced to a second-round game against Notre Dame they should have won to reach the Sweet 16.MORE: Stephen F. Austin hero’s family severely impacted by Hurricane DorianSo, was beating top-ranked Duke at Cameron Indoor Stadium — becoming the first non-conference opponent to win in that building since St. John’s did it in February 2000 — bigger than all of that?A Twitter poll I posted this morning indicated the public believes Collins was correct, that defeating Duke at Cameron was the biggest moment for SFA basketball. The margin was decisive, too: 65 percent for Duke, 35 percent for the West Virginia win in the 2016 NCAAs.Jason McIntyre of Fox Sports tweeted in favor of Tuesday night’s result: “Nobody like SFA has gone into Cameron and won in decades.”He has an excellent point there. St. John’s finished third in the Big East that year and ranked No. 9 in the AP poll. The Red Storm earned a No. 2 seed in the NCAA Tournament. To find a result similar to this for the Blue Devils, a home loss to a team from well outside the major conferences, one must travel all the way back to 1982-83, when they fell at Cameron to Wagner, 84-77. That Duke team was not ranked No. 1. That Duke team finished 11-17 — the last losing team Mike Krzyzewski coached from start to finish.Lots have beat Duke in March. Nobody like SFA has gone into Cameron and won in decades— Jason McIntyre (@jasonrmcintyre) November 27, 2019Adam Gold, who does the “Adam & Joe” afternoon drive program in the Raleigh/Durham region with co-host Joe Ovies, also voted for the SFA win at Cameron because “NCAA upsets happen all the time.”Last night because of the setting. NCAA upsets happen all the time. 14 over 3 uncommon, but not earth shattering. Winning AT CAMERON, and being as good as they were in the second half? Awesome.— Adam Gold (@AGoldFan) November 27, 2019“In almost every other circumstance, I would vote for the NCAA Tournament,” tweeted Derek Schultz of Indianapolis sports radio program “Query and Schultz.” But he opted for Tuesday night’s win because the Devils were No. 1 and owners of such a long home winning streak against non-league opponents. “Man, that’s about as historic as it gets for a regular season win.”In almost any other circumstance, I would vote for the NCAA Tournament victory.However, beating Duke who a) is #1; b) at Cameron; and c) to end a 150-game non-conference home win streak? Man… that’s about as historic as it gets for a regular season win.— Derek Schultz (@Schultz975) November 27, 2019We wrote two weeks ago, after Evansville’s historic upset win over No. 1 Kentucky at Rupp Arena, that the number of early entrants departing college basketball and the relatively meager national freshman class would have led to fewer truly elite teams in college hoops this season.Fewer meaning, well, none. But even those factors didn’t portend the kinds of results we are seeing for the top teams in the polls.The reaction to the Duke and Kentucky defeats could be considered an excellent development for college basketball in 2019-20, and not just for the legions of Devils and Cats haters. That so many would consider a November result to be monumental gives lie to the common refrain that NCAA basketball is a one-month sport.March is huge for the game, no doubt, but if this many people are paying attention before Thanksgiving, that cannot be a bad thing. Stephen F. Austin’s Nathan Bain let go of the layup that defeated No. 1 Duke with 0.2 seconds remaining in Tuesday night’s game.As the ball settled into the net, Fox Sports announcer Eric Collins shouted, “The Lumberjacks have done it!” Then he waited just a second or two longer before declaring, “This is going to be the biggest win in program history!”last_img read more