Blackmoor plans to offload big part of Oldham portfolio

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Mandate roundup: BlackRock wins €1bn custody mandate

first_imgSwiss CERN picks actuaryCERN Pension Fund, the CHF4.3bn (€3.8bn) Swiss scheme for the European Organization for Nuclear Research, has reappointed Buck as actuary for a further four-year contract.Buck was first appointed by CERN in 2013 and will provide actuarial consulting services from its London office.Matthew Eyton-Jones, chief executive officer of the Geneva-based fund, said: ”The clarity of advice and practical solutions to complex problems has helped deliver valuable insight regarding the financing of the fund and also aid decision making to achieve better outcomes for all concerned.”Marcus Hurd, UK commercial director at Buck, said: ”The CERN pension fund is a major European pension fund and one with which we are proud to have such a strong ongoing relationship.” After an intensive selection process, Stichting Beroepspensioenfonds Loodsen (BPL), the Dutch scheme for marine pilots, has appointed BlackRock as fiduciary manager, advising on the fund’s €1bn in assets.According to a statement issued by the scheme, BlackRock will advise on how the fund can best organize its investment portfolio, taking into account future pension payments and current market conditions. In addition to strategic advice, BlackRock will also take care of the selection and monitoring of asset managers and the balance and risk management, including the management of interest rate and currency hedging.Robert de Jonge, chair of BPL, said: “Although we were delighted with the quality of several service providers, we are convinced that BlackRock is the best long-term partner for us. In addition, we directly benefit from their economies of scale and negotiating power. This is reflected in lower costs for the participants in our pension fund.”Robeco, the fund’s previous fiduciary, announced a few months ago that it would cease offering fiduciary services to pension funds and insurers.last_img read more

Fluxys Belgium H1 profit up as small-scale LNG business grows

first_imgFluxys Belgium, the operator of the Zeebrugge LNG terminal, on Wednesday said its net profit rose in the first six months of 2017 as the small-scale LNG business keeps rising.The company’s profit for the six months was at €22.9 million ($27.2 million), up from €19.7 million during the first half of the year 2016, Fluxys Belgium’s report shows.The Fluxys Belgium group realized a turnover of €250.7 million in the first half of 2017, up 5.4 percent on the same period in 2016, when turnover was €237.8 million. This increase is mainly due to the contracts for capacity sales between Dunkirk and Zeebrugge, which started once the Dunkirk LNG terminal went into operation.The company’s investment for the period reached €36 million, with the total investment budget for the year 2017 at €103 million.These investments pertained mainly to LNG infrastructure projects at the Zeebrugge terminal, specifically the construction of a fifth LNG storage tank and additional facilities and finalizing expenditure for the second jetty, Fluxys Belgium said.The number of loading operations involving small LNG vessels increased slightly. A new element consisted of loading operations for the bunker vessel Engie Zeebrugge in which parent company Fluxys is a partner and whose home port is Zeebrugge.The number of LNG tanker-truck loading operations continued on the same level, despite the launch of similar services at other terminals in North-Western Europe. With a view to making sure it can keep responding to demand in future, a second loading station will be built at the terminal in 2018.The company noted that in the first few months of 2017 two LNG-powered ships were commissioned in Zeebrugge that are supplied from the LNG terminal with the bunkering vessel.In road transport,  the number of registered natural gas-powered vehicles in the first half rose from 4,500 to 7,100 and the number of filling stations will, according to the current schedule, reach the 100-mark by the end of this year.1 EUR = 1.18957 USDlast_img read more

Sand Bypass System Reaches the Half-Way Mark

first_imgImage source: Gold Coast Waterways AuthorityA major upgrade to the Gold Coast’s Sand Bypass System jetty has just passed the half-way mark, with 5 out of the 10 concrete slabs poured, informs the Gold Coast Waterways Authority.Once complete, the $3.35 million project will enable critical maintenance works to be carried out effectively and safely on the System’s jet pumps.According to the Authority, extra beams are being installed underneath the jetty and the deck near each of the 10 jet pumps is being widened so the maintenance crane can continue to operate safely and keep the pumps functioning.This will ensure sand continues to be pumped northward keeping the Seaway open for the recreation, tourism and marine industries.last_img

Outlaw hosts IMCA Empire State Series Friday show

first_imgDUNDEE, N.Y. – Outlaw Speedway plays host to the IMCA Empire State Series Friday night, with a $500 to win feature for the touring Xtreme Motor Sports IMCA Modifieds.All applicable IMCA points will be awarded at the May 20 show.Pit gates open at 5 p.m. Hot laps are at 6 p.m. and racing starts at 7 p.m. Grandstand admission is $12 for adults and $10 for seniors; kids 12 and under get in free while pit passes are $30.More information is available at the website or by calling 607 228-7038.Outlaw has been site of 10 previous IMCA tour events since 2006 and hometown driver Rich Karlnoski became the first repeat winner by taking the checkers last September.Round three takes the Empire State Series to Skyline Raceway on Memorial Day Monday, May IMCA Empire State Series top 20 point standings – 1. Matt Cole, Vestal, 40; 2. Drue Perrault, Locke, 39; 3. Eddie Sites, Towanda, Pa., 38; 4. Gary Roberts, Afton, 37; 5. James Cornell, Port Crane, 36; 6. Brad Sites, Monroeton, 35; 7. Tyler Stoddard, Binghamton, 34; 8. Keith Jack Lamphere, Monroeton, Pa., 33; 9. Beau Ballard, Grand Gorge, 32; 10. Brian Stei­gerwald, Norwich, 31; 11. Michael Stoddard, Binghamton, 30; 12. Robert Maynard, Towanda, Pa., 29; 13. J.J. Courcy, Parish, 28; 14. Michael Butler, Richmondville, 27; 15. Jessy Velez, Port Crane, 26; 16. Will Ward, Cobleskill, 25; 17. Billy Ward, Cobleskill, 24; 18. Brad Smith, Horse­heads, 23; 19. Ray McClure, Troy, Pa., 22; 20. Brendon Shepard, Gloversville, 21.last_img read more

Juve’s players test negative to coronavirus

first_imgRelatedPosts COVID-19: NCAA to revoke erring airlines licence over non-compliance FRSC to Schools: We’ll arrest, prosecute drivers who flout COVID-19 rules Sanwo-Olu: We’re committed to fulfilling promises to Lagosians Juventus players Daniele Rugani and Blaise Matuidi have both made a complete recovery after testing positive for coronavirus, the club have confirmed.French international midfielder Matuidi confirmed he had been diagnosed with the virus on March 18, a week after it was revealed that Italian defender Rugani had contracted Covid-19.The Serie A club said both players had undergone swab tests which had come back clean, meaning they no longer have to self-isolate.A club statement read: “Rugani and Matuidi underwent, as per protocol, a double-check with diagnostic tests (swabs) for the coronavirus. The tests came back with negative results. The players have, therefore, recovered and are no longer subjected to the home isolation regime.”Matuidi had previously announced via Instagram that he had tested positive for the virus, although he had not shown any symptoms.He wrote: “I am an asymptomatic carrier of the virus, aware of the privilege of being a professional footballer and as such benefit from regular and excellent medical monitoring. If it weren’t, I probably never would have known.”Tags: Blaise MatuidiCoronavirusCOVID-19Daniele RuganiJuventusSerie Alast_img read more

Moyes: Rooney was missed

first_img Press Association “Wayne would have made a difference today,” said Moyes. “We maybe lacked something different at times. “But we didn’t have him because of the injury.” Rooney suffered a severe cut to the head following an accidental collision with Phil Jones in training on Saturday. Without the England forward – who will now miss his country’s crucial World Cup qualifiers against Moldova and Ukraine – United failed to exert any significant pressure on Liverpool. Robin van Persie cut a particularly frustrated figure as Moyes’ inability to win at Anfield stretched to 13 games, 12 of which are a legacy of his time at Everton. Yet the Scot remained remarkably upbeat afterwards. “We played very well,” he said. “If you look at the games against Swansea, Chelsea and today, we have played well. “We scored all our goals in the first game, but played well, and limited teams to very few opportunities.” Moyes now has one more day to strengthen his squad, with Everton duo Marouane Fellaini and Leighton Baines remaining the more likely targets after Athletic Bilbao coach Ernesto Valverde insisted he expected midfielder Anders Herrera to remain with the Primera Division outfit. “I’m not thinking about speaking to him to convince him about anything and I’m not worried about anything else,” said Valverde following his side’s defeat at Real Madrid. “I haven’t spoken with the player but what I’m going to repeat is that I don’t expect the club to make any moves in the transfer market tomorrow [Monday]. “I do not know what will happen. I want Ander to stay with us, and that is what I think, expect will happen.” For his part, Moyes remains optimistic executive vice-chairman Ed Woodward, who was at Anfield for Sunday’s defeat, can make the signings he wants. “Maybe in the next how many hours we will get a chance, but I can’t give you a heads up,” said Moyes. Liverpool boss Brendan Rodgers was in the far happier position of having Victor Moses (Chelsea), Mamadou Sakho (Paris St Germain) and Tiago Ilori (Sporting Lisbon) in the directors’ box to watch the team they are expected to join on Monday. And they will move to a club who have now completed their best start to a league campaign for almost two decades, with Sturridge making the stand-out contribution. “I am delighted with his application,” said Rodgers. “He was nowhere near fit. “He played full game and extra time in the week and he had a slight knock on his thigh. “Even at 70 per cent he will be as good if not better than most Premier League strikers but you have to have that will and desire to put yourself out there. “He can always be a threat.” For a club who boast such an impressive history but have not won the title since 1990, Liverpool know it will not take much for their fans to start dreaming of past glories. And as Monday would have been Bill Shankly’s 100th birthday, it seems an obvious thing to do on the back of three 1-0 Premier League wins. However, Rodgers is keeping his feet firmly on the ground. “We have got 35 games to go so we won’t be getting carried away,” he said. “The team has a lot to improve. We have got a lot of work to do ahead of us. “The initial challenge is to get in the top four.” The Merseyside outfit maintained their 100 per cent start to the campaign thanks to another match-winning goal from Daniel Sturridge as United failed to score in successive Premier League games for the first time since 2007. And Moyes accepted Rooney’s absence with a cut head – a problem that is likely to keep him out for three weeks – was a contributing factor. Manchester United manager David Moyes admitted Wayne Rooney would have made a difference to his side’s performance after they slipped to a 1-0 defeat at Liverpool.last_img read more

Football News Zlatan Ibrahimovic banned for two games after grabbing goalkeeper by neck in MLS Football

first_imgLA Galaxy lost to New York City FC in the MLS.This is the second fine for Zlatan Ibrahimovic in the MLS.Zlatan was fined for diving in the game against Columbus Crew. For all the Latest Sports News News, Football News News, Download News Nation Android and iOS Mobile Apps. highlightscenter_img Los Angeles: Zlatan Ibrahimovic has been suspended for two games after grabbing New York City FC goalkeeper Sean Johnson by the neck during Los Angeles Galaxy’s defeat last weekend, Major League Soccer said. The MLS Disciplinary Committee announced in a statement it was sanctioning Ibrahimovic for violent conduct after the incident in the 86th minute of the game on May 11. Ibrahimovic and Johnson wrestled each other to the floor after coming together in the closing stages of Galaxy’s defeat last week. Both players received a yellow card for the incident for unsportsmanlike conduct.     Johnson later accused Ibrahimovic of losing his cool. “Zlatan is a talented player, he obviously knows what he is doing, he is a clever boy and you know, it is a part of the game,” Johnson said. “I would be frustrated if I were him too, you know. Can’t blame him for his frustration at that point in the game,” the goalkeeper added.RELATED     It is the second retrospective sanction  Ibrahimovic has received in recent weeks. He was hit with an undisclosed fine on May 10 after being found guilty of diving during his team’s loss against Columbus Crew. Ibrahimovic was also involved in a stormy on-pitch altercation with Real Salt Lake’s Nedum Onuoha last month.     Onuoha later claimed Ibrahimovic had been making threats towards him during the match before later apologising. “From 60 minutes in, he’s saying to me what he’s going to do me, he’s going to hurt me,” Onuoha said afterwards.     “And this is the guy who’s the face of the MLS, as he calls himself, but this is the way he plays on the field.”last_img read more

Pakistan seamer Hasan Ali a doubt for Sabina Park Test

first_imgKINGSTON, Jamaica (CMC) – A groin injury has put Pakistan seamer Hasan Ali in doubt for the opening Test of the three-match series against West Indies bowling off here tomorrow.The 23-year-old, who is yet to make his Test debut, picked up the injury during last weekend’s three-day four game against the WICB President’s XI and is yet to recover.The Pakistan Cricket Board said the player would undergo rehabilitation in an attempt to return to full fitness quickly.“Clinical assessment – there is strain to one of his adductor muscles. He will undergo progressive rehabilitation to regain strength in the groin,” the PCB statement said.“Currently, we are confident that he will recover in time to be able to play in the Test series against West Indies. We will continue to review his situation as he progresses through rehabilitation stages and give an update later when we are satisfied with his successful recovery or progress.”Ali was expected to be a shoo-in for the first Test after impressive performances in the preceding limited overs series. He was especially outstanding in the opening one-dayer with a five-wicket haul.The right-armer sent down 27 overs in the first innings of the tour game but did not bowl in the President’s XI second innings.He has taken 29 wickets in 16 one-dayers and 10 wickets in seven Twenty20 Internationals.last_img read more

Hughes: Secondary will be key in preventing upset

first_imgWith two games into the Wisconsin football season, there is hardly anything to gripe about.After defeating UNLV and Oregon State by a combined score of 86-17, Wisconsin arrived in 2011 as advertised, confidently looking like a team bound for a BCS bowl game.But that still won’t stop some people from raising the upset alert level for Wisconsin’s next game against Northern Illinois at Soldier Field – which can sometimes be confused for an extra-terrestrial airport.Indeed, there are some zesty ingredients of this game that do cook up an aroma of upset. Former UW defensive coordinator Dave Doeren is now, of course, in his first year as head coach for the Huskies – so he knows a thing or two about the Badgers. Not to mention NIU is trying to build off a strong 11-3 season a year ago that featured a Humanitarian Bowl victory.The Huskies also do a lot of recruiting in Wisconsin, where the Badgers dominate. Anyone think the phrase “Badger rejects” might accelerate NIU’s drive in this game?The condition of Soldier Field’s playing surface, which is said to be the worst in the National Football League, is also a concern, although that could negatively affect Northern Illinois, as well.I don’t see an upset occurring in Chicago; more like the Huskies hang around for two or three quarters until the Badgers hit light-speed, if not a route from the get-go.But the difference between the Huskies hanging around and the Badgers ripping them apart from the beginning resides in Wisconsin’s secondary. Northern Illinois’ passing game presents a much tougher test than the Wisconsin secondary saw against UNLV and Oregon State, and for Wisconsin to avoid a tricky affair, the last line of defense will have to maneuver the following quandary.Forget Doeren’s knowledge of UW for a moment and think about the on-field ballistics here. Since Chris Ash’s arrival, Wisconsin’s secondary has seen improvement throughout last year, the offseason and 2011’s first two games. Cornerback Antonio Fenelus has been rock-solid in coverage while safeties Aaron Henry and Shelton Johnson have let little by them, as well.Injured cornerback Devin Smith’s season is now in jeopardy, according to head coach Bret Bielema, after hurting his left ankle against OSU. His replacement, Marcus Cromartie, had a terrific fall camp and played excellently against Oregon State.Wisconsin has been impressive, but the Badgers have faced some milquetoast air attacks so far this year. UNLV’s Caleb Herring started his first collegiate game against UW in the opener and OSU rotated two subpar quarterbacks in and out of the action last weekend. Clearly, neither team boasted stability or a sense of established confidence.Wisconsin has allowed just over 200 passing yards per game and has not forced any turnovers over those two games. Mixed with the fact that UW’s secondary was one of the weaker components of last year’s Rose Bowl run, I’d say there’s still something to prove.The Huskies, on the other hand, bring in a strong leader in fifth-year senior quarterback Chandler Harnish, who started nine games as a freshman and has not given up the job since.One of the better quarterbacks in the Mid-American Conference, Harnish has completed 75 percent of his passes this year en route to throwing for 510 yards and seven touchdowns against the likes of Army and Kansas.And he’s seen Wisconsin before. As a redshirt sophomore in 2009, Harnish completed 15 of 24 attempts for 174 yards in a late push at Camp Randall that ultimately ended in a 28-20 loss. With his ability to run the ball (166 yards, four touchdowns), Harnish is what gets the Huskies’ offense moving.Northern Illinois led the MAC in scoring (38 points per game) and total yards (450 yards per) last season and has hardly come down from that summit this year, averaging a conference-best 45.5 points and 521.5 yards per game, just seven yards out from tops in the conference.Fortunately for UW, Harnish’s targets don’t have much height (four of his six most-targeted players are below 6-foot), though this still remains by far the best quarterback and passing game the Badgers will see until Taylor Martinez and his Cornhuskers visit Madison.Despite some visible offseason rust against UNLV, UW’s front seven charged forward in Week 2. They sacked quarterbacks, forced fumbles and improved tackling.But there’s still a little more that needs to be seen from the secondary. For Wisconsin to win in style like they have the past two weeks and impress the voters even more, it will be on the defensive backfield and their date with Harnish’s passing game.It’s not too daunting of a task, as it’s been thumbs up for the Badger DB’s so far this season. But for a group that’s been progressing well for over a year now and has already taken a blow in health, shutting down an experienced and knowledgeable opponent can certainly boost confidence and launch the group into bigger success in the future.Elliot is a senior majoring in journalism. What do you think is the key to another big Wisconsin win? Send your thoughts to or tweet @BHeraldSports.last_img read more