The pension fund posted an overall return of 10.6% in 2016, including a 3% gain from its interest rate hedge. It said it had reduced hedging coverage from 60% to 50% of the portfolio, following dropping interest rates, as part of its dynamic hedge.Its equity holdings returned 10.1%. Within this, passively managed investments in Europe gained 8.2% while active emerging markets allocations gained 13.9%.The scheme also hedged 50% of the currency exposure of its worldwide equity holdings to the dollar, the yen, and the pound, while hedging an equal stake of its European equity against the pound.The scheme’s diversified fixed income portfolio – of euro-denominated government bonds, credit, high yield, and emerging market debt – returned 6.4%.PostNL said it had also started investing in small cap equities and Dutch residential mortgages.The scheme’s 8% property holdings – predominantly non-listed real estate in Europe, Asia, and North America – delivered 11%, with actively and passively managed property yielding 12.7% and 3.4%, respectively.PostNL based its investment policy on a multi-manager approach through investment funds of TKP Investments as well as discretionary portfolios.Outside of the investment portfolio, PostNL said it had improved governance through the appointment of a secretary tasked with preparing the board’s strategic agenda as well as upgrading the structure of the scheme’s advisory committees.It also replaced its external supervisory committee with a supervisory board (RvT).The pension fund reported administration costs per participant of €156, and said it had spent 0.28% and 0.14% on asset management and transaction costs, respectively.At April-end, its funding stood at 112%. The Pensioenfonds PostNL has 95,285 participants in total, of whom 20,640 are active and 29,440 are pensioners. The €8.3bn pension fund for PostNL has more than doubled its strategic equity allocation from 12% to 29% in order to improve its risk-return ratio.In its annual report for 2016, the postal service scheme said the adjustment had come at the expense of its fixed income holdings, which were reduced to 63%.The scheme also simplified its investment portfolio by ceasing the use of options. Explaining the decision, it said the Netherlands’ new financial assessment framework (nFTK) allowed for a longer-term investment approach.In addition, the pension fund decided to divest its swap positions in order to reduce complexity.
The former Broward sheriff’s deputy at the center of the much criticized response to the mass shooting at Marjory Stoneman Douglas High School in February of 2018 has been arrested on multiple charges including neglect of a child, culpable negligence, and perjury.He was taken into custody at BSO headquarters in Fort Lauderdale following a disciplinary hearing on Tuesday afternoon.Peterson, 56, was a school resource officer on duty at MSD High School in Parkland when a gunman opened fire inside the building killing 17 students and faculty and injuring 17 others.He became the focal point of public outrage when surveillance video showed the deputy taking cover outside the building while a former student fired on unarmed students and teachers inside.Another deputy, Sergeant Brian Miller, was terminated following the hearing but not arrested.The Florida Department of Law Enforcement brought the 7 charges against Peterson stating that he did nothing to intervene and stop the shooting.
Victor Osimhen Osimhen, who was part of Nigeria’s bronze wining Super Eagles at AFCON 2019 in Egypt has established himself as one of the most exciting young strikers on the continent over the last 18 months, and French newspaper Le 10Sport reports both Real Madrid and FC Barcelona made contact with Lille during the January transfer window over a potential summer move for the striker.Spain’s two biggest clubs apparently held talks with the Ligue 1 side to discover what their plans were for Osimhen at the end of the season, rather than looking to complete a move during the middle of the campaign.The two sides of the El Classico are on the lookout for a new striker, with Luis Suarez and Karim Benzema respectively coming towards the end of their careers at the highest level for the two Spanish clubs respectively.Barça’s main target will still be Lautaro Martínez at the end of the season, but there are still concerns over how the club will be able to finance a move for the Argentina international.Real Madrid have also shown some interest in Martínez, although it’s still unclear who Los Blancos will prioritise as they look to find Benzema’s long-term replacement – a role which almost certainly won’t be taken up by summer signing Luka Jović.Osimhen isn’t the star name that Barcelona or Real Madrid fans would be hoping for once the summer transfer window opens, but the Nigeria international could actually prove to be one of the signings of next season.Arriving at Wolfsburg in 2017, Osimhen didn’t really get a chance to impress in the Bundesliga and he was eventually loaned out to Belgian side RSC Charleroi for the 2018/19 season. That deal also included an option to make his move permanent for just over £3m.After scoring 20 goals for Charleroi, Osimhen joined the club on a full-time basis last summer, but moved to Lille just one month later in a £10m deal. He’s scored 15 goals since arriving at the Stade Pierre Mauroy , sitting fifth in the top scorers’ charts in Ligue 1.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Femi Solaja with agency reportRave of the moment and Super Eagles forward, Victor Osimhen, could soon become a battle off the field between La Liga giants FC Barcelona and Real Madrid after reports in Spain claimed that the duo have been in talks with French outfit Lille OSC as they consider moves for Nigeria international at the end of the season.The 21-year-old has been one of the standout players in Lique 1 and in UEFA Champions League for his club although they failed to reach the knockout phase and scored 15 goals and picked up five assists across all competitions.
Orientation Advisers Henessey Garcia, a senior majoring in sociology; Joshua Sy, a sophomore majoring in biological engineering; and Steven Zelezny, a junior majoring in public relations, conference with Scott Flanary, assistant director of orientation, about the day’s events.
If you thought your bracket looked bad this year, just wait until next year.Yes, it will be hard to beat the chaos of only one No. 1 seed making the Final Four and having a school that most people couldn’t locate on a map almost win the entire tournament. But if the tournament expands from 65 teams to 96, as is expected, prepare for real March Madness — and not the good kind.The tournament would become a cluttered mess. Imagine what the new bracket would look like and how difficult it would be to fill out. The teams that would earn byes would be at an heavy immediate advantage, greatly lowering the chance of any upset.I can only hope that someone is playing the ending of The Planet of the Apes at the NCAA headquarters to express what an awful move this would be. “You maniacs! You blew it up!”College basketball is plenty watered down as is. With the National Invitational Tournament and the College Basketball Invitational, the postseason feels a lot like “Everyone Gets a Trophy Day.”So why the need to bring a bunch of also-rans into the Big Dance? Surely no one could have watched the NIT final between Dayton and North Carolina and said, “If only we could see these teams playing in the real tournament.”Then it must be the same reason behind any NCAA decision: money.The New York Times said Tuesday that the cost of the broadcast rights to the NCAA tournament will explode from $320 million to $700 million annually for the next three years. Whether CBS retains the rights (the network can opt out of its deal this year) or ESPN jumps on board, the message is clear — the network airing the tournament needs to find a way to bring in a few extra bucks.So naturally, the solution to all of this is to mess with the product that is so universally loved.It’s kind of scary to think how much influence the television industry has when it comes to such important decisions. Maybe we’ll see a similar “everyone into the pool” strategy for the NBA playoffs. Because if there’s one thing we haven’t gotten enough of this year, it’s New Jersey Nets games.In place of the frantic first four days of the tournament we got this year, we’ll all be exposed to NCAA tournament light — now with no carbs or excitement. Teams like Arizona State and Mississippi State will get one last chance to remind us why they have no business being there in the first place.But worst of all, it will be even harder for teams like Butler to make deep runs in the tournament. Small conference schools will continue to be pitted against one another, and they’ll frequently have to play in the first round before facing a well-rested power.It doesn’t seem all that bad hypothetically. But would Northern Iowa have beaten Kansas if the 96-team format had been implemented this year and the Jayhawks had been coming off a bye? Many of these upsets will go by the wayside.Despite all the groaning, the NCAA will win out because sports fans will watch anything. And I mean anything.Every year, I tune in for the NBA draft lottery — an event in which suited team executives watch ping pong balls determine who gets the first pick in that year’s draft. I would like to say I’m being hyperbolic, but that’s exactly what happens.It’s arguably the Seinfeld of all sporting events — a show about nothing. But it has consequences, so I need to watch it. When you follow the Washington Wizards, it’s all you have.So there will be a sizable segment of sports fans who embrace this move by noting that it means more basketball. And even those of us protesting now will watch come next March. I won’t be happy about it, but I’ll tune in.But only because those ping pong balls don’t start flying around until May.“Tackling Dummy” runs Thursdays. To comment on this article, visit dailytrojan.com or e-mail Michael at firstname.lastname@example.org.
Commercials have a short turn-around to their County Senior Football semi final this weekend.They earned a place in the last four thanks to a one point win over Arravale Rovers last night.They now face reigning county champions Loughmore Castleiney in Leahy Park Cashel at 2 o’ clock on Sunday. Photo © Tipperary GAA County Football Board Chairman Joe Hannigan says it’ll be a tightly contested battle…Meanwhile, the other semi final between Moyle Rovers and Killenaule takes place at the same time in Cahir.We’ll have live updates of both County Senior Football Semi Finals here on Tipp FM, in association with Arrabawn Tyone Mill, Nenagh.
CHRISTIAN ERIKSEN’S representatives made contact with Bayern Munich after Tottenham’s 7-2 defeat.The Denmark international is out of contract in May and has rejected the chance to pen a new deal with Spurs.1 Christian Eriksen has been playing for Spurs since 2013Credit: Getty Images – GettyAccording to Sport1, Bayern have made their move for the wantaway Spurs star.And the source claims that Eriksen would be interested in completing a move to the Bundesliga giants.It is understood the talks started after the German club put seven goals past Tottenham in the Champions League.But Bayern Munich are not the only club that is ready to snap up the Danish star when his contract expires.ACCA WITH LADBROKES Pick up a whole load of acca features to help you land the big oneReal Madrid are reportedly hoping to poach the 27-year-old for a bargain £30million in January.His representatives allegedly flew to Spain to hold talks with the La Liga giants earlier this month.But he is set to reject the North London club’s attempt to sell him in January – and instead leave for free next summer.MOST READ IN SPORT THROUGH ITRobbie Keane reveals Claudine’s father was ’50-50′ in coronavirus battle’I ACCEPT’McGregor accepts Silva fight at UFC catchweight of 176lbs in huge super-fightTOP SELLERGavin Whelan has gone from League of Ireland to David Beckham’s InstagramPicturedA CUT ABOVEMike Tyson shows two-inch cut ‘picked up in training’ ahead of boxing returnExclusiveRIYAD RAIDMan City’s Riyad Mahrez has three luxury watches stolen in £500,000 raidPicturedAN EYEFULMeet Playboy model and football agent Anamaria Prodan bidding to buy her own clubI SAW ROORodallega saw Rooney ‘drinking like madman’ & Gerrard ‘on bar dancing shirtless’NEXT STEPJonny Hayes set to move to English Championship having been let go by CelticIT’S…NOT TOMMY BOWETommy Bowe discovers someone has been impersonating him on TinderMAC DADDYTriple H wants McGregor v McMahon with winner getting rights to billionaire strutAtletico Madrid are also among the teams monitoring his situation with Mauricio Pochettino’s side.He has already snubbed a £200,000-a-week offer from Spurs.But the club are willing to break the bank to tempt Eriksen to finish his career at the club with a five-year £60million deal.Watch the new Spurs stadium transform into an NFL field as the first kick is taken under the lights between the Oakland Raiders and the Chicago Bears
National senior men’s football head coach, Winfried Schafer, says only the best players are good enough to play for him, and if local players are better than their overseas-based counterparts, then they will play. “The best players play in my team. (If) The local players are better than overseas players, yes, they play,” he noted. In line with his reasoning, Schafer asked: “How many local players go out in the last two years from Jamaica to play overseas? “Kemar Lawrence, Alvas Powell, Andre Clennon are local players; they go out and are not local players now, and it is good for the football in Jamaica when the players go out and bring money back. When they go out from here, money comes back to the clubs and the clubs have more money to grow better infrastructure,” he said. Schafer called up 24 local-based players to camp on Monday in preparation for their March 25 World Cup Qualifier against Costa Rica. However, camps of this type are not unusual ahead of World Cup qualifiers or international matches and tournaments. What is common is seeing local-based talent restricted to warming the bench, rarely getting the opportunity to get a taste of international competition. One domestic player who has been impressive this season is Arnett Gardens playmaker, Vishunul Harris, who is away with his team participating in the CFU Club Championship in the Dominica Republic. Asked to comment on the talent, Schafer said: “Harris, he is a good player, I have seen him. Probably, yes (will be in squad), but not only him. But I don’t know we have time. They (local players) have to learn,” observed Schafer. He added that having locals trained by the national coaches will lead to overall development. “We have many good talent in Jamaica, and we want the talent to be good players as we need good players. We want the local players, in training so we can make the local players better. The local players see the head coach of the national team and his interest, it is good for him, the country and development while training,” the German coach said. “Our training is good for local players, it helps build their confidence and helps to make them better,” he reasoned. SQUAD: Andre Vassell, Andrew Vanzie, Ronaldo Rodney, Allan Ottey, Jermaine Woozencroft, Andre Dyce, Ricardo Morris, Upston Edwards, Jamie Robinson, Omar Daley, Damano Solomon, Rohan Roye, Jason Moore, Mark Miller, Chevonne Marsh, Hughan Gray, Shaven Sean Paul (GK), Rosario Harriott, John-Ross Edwards, Vishunul Harris, Swayne Thomas, Amal Knight (GK), Ramone McGregor and Nicholas Campbell (GK). The training camp started Monday and ends today. – L. S.
Crime fighting strategy– advises Govt to recruit, utilise UG law students for prosecutionPutting tougher penalties in place for violent criminals and burglars, strengthening policies for granting bail for such offences, and recruiting University of Guyana-trained law graduates for employment with the state are some of several measures being proposed to combat crime.These proposals were made by Attorney General Anil Nandlall who, in his recent writings, noted that the former Government had implemented many security reforms and had started to implement some of these very propositions. In the absence of any new, coherent security strategy being rolled out, Nandlall urges these measures be considered.“There is a need for immediate statutory reforms specifically designed to increase the severity of penalties in relation to crimes of violence, robberies, break-and-enter, burglaries,” he outlined.“Comprehensive sentencing guidelines need to be promulgated with an emphasis on mandatory custodial sentences and against the imposition of concurrent sentences for certain types of offences, for example robberies, break-and-enter, burglaries,” Nandlall declared“The enactment of a Bail Act — a draft of which ought to be with the Chief Parliamentary Counsel — which permits the grant of bail in respect of the aforementioned offences ONLY IN EXCEPTIONAL CIRCUMSTANCES; the recruitment and training of students who have completed the LLB programme at University of Guyana but are not, or have not yet gone on to Law School…”Nandlall urged that these graduates be placed in the prosecutorial arm of the State to prosecute serious offences in the magistrates’ courts. He also advised that if state counsel cannot prosecute in relation to the most serious offences, then special prosecutors should be hired to prosecute.Indeed, there have been cases of Police prosecutors being employed to go up against lawyers at the level of senior counsel. And there have been instances where those matters were of a high-profile nature.Human resourceNandlall also highlighted that there are over a thousand trained Police officers within the Guyana Police Force whose training is being squandered behind tasks civilians could do. He observed that this is despite the Force being under-strength.“These officers should be transferred to active duty. For example, the drivers, the dispatchers, the messengers, the secretaries, the clerks, the telephonists, the office assistants; even the persons who feed and bathe the horses and dogs, are all trained Police officers. These functions can easily be performed by civilians,” Nandlall opined.He is advising that the commander of each Police division be equipped with a legal advisor resident within the division. This advisor, he noted, should function under the supervision of the Senior Legal Advisor to the Police Force, who is stationed in Georgetown. In this case it is Justice (retired) Claudette Singh, and in collaboration with the nearest office of the Director of Public Prosecutions (DPP).Nandlall also advised that improvements be made at various Police stations. Even temporary detainees have periodically complained of terrible hygienic conditions while in police custody, including cases of detainees being made to sleep on floors, and having limited access to toilet facilities.“The facilities at Police Stations must be improved,” Nandlall stated. “Simple facilities like more telephone lines should be installed. Police station numbers must be posted at conspicuous places within the communities, and each station must be equipped with the ability to attend to calls and reports made in a timely fashion.“The 911 emergency call system must function efficiently 24 hours a day. Each division must be equipped with a SWAT team numbering not less than two dozen, fully equipped to deal with exceptionally dangerous situations,” Nandlall added.Since United Kingdom security expert Russell Combe, who was hired to assist with the Security Sector Reform Action Plan (SSRAP), presented the final report to President David Granger in January, little has been said about the report’s implementation.Only two months ago, the US State Department had assessed the crime threat in the capital of Guyana as being “critical.” According to the latest 2018 Overseas Security Advisory Council (OSAC) 2018 Crime and Safety Report, Guyana, with a population of just 750,000, has a general crime rate that “is above the US national average.”It said criminal activities continue to be a major issue, with serious crimes such as murder and armed robbery being common. The report added that “criminals regularly use weapons, despite a rigorous licensing requirement to own firearms.”