Is your lawn on the level? On the next “Gardening in Georgia” June 1 and 3,host Walter Reeves will work on leveling the lawn. He’ll show how to do it and explain whyit’s a good idea.Reeves will also visit with University of Georgia entomologist Beverly Sparks and learnhow to identify white grubs, solitary bees and other underground creatures.Finally, he’ll take a look at some evergreen ferns (Christmas and autumn ferns) you canuse in your landscape.Don’t miss “Gardening in Georgia” Thursdays at 7:30 p.m. or Saturdays at 10a.m. on Georgia Public Television. The show is designed especially for Georgia gardeners.”Gardening in Georgia” is produced by the University of Georgia College ofAgricultural and Environmental Sciences and GPTV. Walter Reeves
The 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.
ILOILO City – A laborer was shot by hisdrinking buddy in Barangay Malapawe, Calinog, Iloilo The 34-year-old resident Robert Mondiawas recuperating at the Western Visayas Medical Center in Mandurriao district.He sustained a gunshot wound on the chest, a police report showed. It was however not immediatelyestablished what triggered the altercation. Officers of the Calinog police stationconducted a manhunt operation against the suspect, who fled after theincident./PN According to police investigators, Mondiaand Legaspi were having a drinking spree when a heated argument ensued betweenthem. This prompted Legaspi to shoot Mondia using a 12-gauge shotgun around 6:40p.m. on Jan. 17. The suspect was identified as42-year-old Mondia Rommel Legaspi, also a resident of the village, it added.