Switzerland’s Profond creates CIO role for more in-house control

first_img“We are active in more areas and investing more ourselves,” he added.  “For all these reasons, we decided we need internal co-ordination, which we feel will give us more control.“We felt the progress and changes we want to make can be achieved more easily with our own CIO.”As of the end of December 2015, Profond had around CHF6bn (€5.4bn) in assets under management, compared with less than CHF1.5bn some 10 years ago. The scheme has around 1,800 companies as members.When asked what changes Profond had in mind, Meyer said “there is no master plan as such” but that part of the point of hiring a CIO was to have someone inside the foundation to develop the scheme’s thinking on investment strategy.“The CIO will be the main motor behind this,” he said, adding that a core responsibility would be to oversee the investment process and the related organisational structure.Whether there will be other personnel or organisational changes remains to be seen, Meyer said.“Our focus,” he added, “is to think about substance.” Swiss multi-employer pension scheme Profond has created the position of CIO, with Christina Böck of AXA Investment Managers appointed to the new role.Böck has been at AXA for more than 15 years, most recently as head of solution strategists for Central Europe, and CIO Switzerland at AXA in Zurich.She will join Profond in mid-August, reporting to the board of trustees.Olaf Meyer, head of the board of trustees at Profond, told IPE the decision to hire a CIO was a reflection of the scheme’s growth and its increasingly complex investments.last_img read more

Anything goes for Porter’s star

first_img Robert De Niro has asked a court to dismiss a lawsuit brought against him by Fireman’s Fund Insurance Co. The 63-year-old Oscar winner filed a motion Friday in U. S. District Court seeking the dismissal of the insurance company’s complaint, calling it “a case that should never have been filed.” According to court documents, De Niro was diagnosed with prostate cancer on October 15, 2003. Two days prior, on Oct. 13, 2003, he signed a medical certificate requested by Fireman’s Fund stating that he had never been “diagnosed with or treated for” any prostate disorder. The actor underwent a prostate-gland biopsy on Oct. 10. De Niro’s diagnosis and resulting treatment delayed production on the Fox film “Hide and Seek,” in which he was set to star. Fireman’s Fund, which insured the movie production, paid Fox more than $1.8 million to cover the cost of the delay. The film was released in January 2005. The insurance company filed a complaint against De Niro in October 2006, claiming the actor “failed to fully disclose information which was critical to our decision to offer insurance coverage,” according to a statement issued Monday. – Associated Press 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Broadway veterans gathered Monday to dedicate a star on the Hollywood Walk of Fame to Cole Porter. Cabaret singer Mark Nadler played some of the late composer’s songs on a baby grand piano on Hollywood Boulevard. “Cole wrote endless, wonderful songs,” said actress Anne Jeffreys, who starred in “Kiss Me Kate,” a Broadway musical for which Porter wrote the music and lyrics. Porter wrote more than 1,500 songs for stage, movies and television, including such standards as “Night and Day,” “Anything Goes” and “I’ve Got You Under My Skin.” He died in 1964. “He had such a talent that I don’t think that it can ever be duplicated,” said Jeffreys. Joey Cole Kubesch, a cousin of Porter’s, accepted the honor on his family’s behalf. – Associated Press De Niro wants suit dismissed last_img read more

Football stars: Brothers for Life

first_imgThierry Henri is one of the internationalfootball superstars that have becomeSports Ambassadors for the Brothers forLife campaign. His club, FC Bracelona, hasa long association with Unicef, one of theorganisations behind the campaign.(Image: FC Barcelona)MEDIA CONTACTS• Michael Klaus, Chief of communication,Unicef Eastern and Southern Africa+ 254 20 [email protected]• Yvette Raphael,Johns Hopkins Health & Education in SA+27 12 366 [email protected] AlexanderInternational football superstars such as Ryan Giggs of Manchester United and FC Barcelona‘s Leo Messi and Thierry Henri are throwing their weight behind a new campaign by South African organisation Brothers for Life, which calls on men to “yenza kahle” – do the right thing – in tackling the spread of HIV and violence against women and children.The campaign kicked off just 10 days before the start of the 2010 Fifa World Cup in South Africa, a month-long extravaganza set to attract hundreds of thousands of foreign football fans.“There’s going to be lots of drinking, probably quite a lot of sex, and we want to encourage people to be safe,” said Dean Peacock, co-director of Sonke Gender Justice, one of the organisations behind the campaign.Giggs, Messi and Henri will be joined by local South African football stars Matthew Booth, Teko Modise and Benni McCarthy as Brothers for Life Sports Ambassadors. The involvement of rugby captain John Smit, cricket captain Graeme Smith and Bulls rugby player Tiger Mangweni will ensure the campaign has life after the World Cup.They will promote messages on television, radio and outdoor advertising about the HIV risks of alcohol and unprotected sex, the use of condoms and the dangers of multiple sexual partners. The campaign will also mobilise men to be tested for HIV as part of the government’s new campaign to get 16-million South Africans tested.In South Africa, men tend seek HIV/Aids testing and treatment less than women, yet they have not been the main focus of prevention campaigns. “Once again we call upon men of all classes and races to join the fight against HIV and Aids, occupying the front trenches in this war through their social conduct,” said Kgalema Motlanthe, South Africa’s deputy president.“When good men don’t stand up to be counted, HIV and Aids spreads.”The campaign is endorsed by the South African National Aids Council and the national Department of Health, and backed by Johns Hopkins Health and Education in South Africa and the United Nations Children’s Fund (Unicef).“We want to use spokespeople who have the status necessary to influence the behaviour of everyone who’s coming here,” said Peacock. In addition to putting their faces to the advertising, the South African Sports Ambassadors will also appear at events to promote the campaign.“Men have the power to make an enormous difference in their own lives, and in the lives of their children and partners,” said Elhadj As Sy, Unicef regional director for Eastern and Southern Africa. “The Brothers for Life Sports Ambassadors campaign shows them the way.”The involvement of the Manchester United and FC Barcelona footballers comes out of Unicef’s long partnership with the clubs. In 1999 Manchester United launched United for Unicef, and the club has been a strong partner in the Unite for Children, Unite against Aids campaign launched in 2005 to make children a priority in the global fight against HIV/Aids.FC Barcelona signed a global agreement with Unicef in 2006, and its players have since worn Unicef branding on their shirts. The club has also donated €5-million to the child welfare organisation over the past three years – with much of the money going to HIV prevention – and pledged a further €3-million over the next two years. The sportsmen taking part in the Brothers for Life Sports Ambassadors campaign:From South Africa: Matthew Booth, Teko Modise and Benni McCarthy (football), John Smit and Tiger Mangweni (rugby), Graeme Smith (cricket)International football players: Ryan Giggs (Manchester United), Patrice Evra (Manchester United), Mame Biram Diof (Manchester United), Leo Messi (FC Barcelona), Yaya Toure (FC Barcelona), Thierry Henri (FC Barcelona) and Seydou Keita (FC Barcelona.)Right-click to download the posters in PDF format:last_img read more

Paul Desiderio embracing role as new UP skipper

first_imgDon’t miss out on the latest news and information. View comments Trending Articles PLAY LIST 00:50Trending Articles01:58With new role in drug war, Robredo might ‘baby’ the drug lords – Bong Go00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Photo by Tristan Tamayo/INQUIRER.netNamed this season’s team captain of University of the Philippines, Paul Desiderio is taking the challenge head on as he leads the fight for the Maroons.And with high expectations for UP this UAAP Season 80, Desiderio knows it’s not going to be an easy job.ADVERTISEMENT BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight “It’s tough, but coach Bo (Perasol) entrusted me with this role and as a leader, I have to be a good example for my teammates,” he said.Perasol expects Desiderio’s leadership to not just manifest off the court but especially on it.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“Everybody knows that Paul is our go-to guy, so he has to anticipate the other team’s defensive schemes on him. But he shouldn’t surrender that mentality because he’ll be our number one option, whether I say it or not. At the same time, for him to be more effective, his teammates should also be efficient. The others should also be able to produce for us if teams double up Paul,” he said.Knowing what Perasol is expecting of him, Desiderio is doing his part to be an efficient playmaker for UP. WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding Read Next MOST READ Nonong Araneta re-elected as PFF president Fire hits houses in Mandaluyong City Butler says Kobe most unforgettable player, picks Houston to win west Brace for potentially devastating typhoon approaching PH – NDRRMC LATEST STORIES E.T. returns to earth, reunites with grown-up Elliott in new ad  Frontrow holds fun run to raise funds for young cancer patients  For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. “I’m working on being more of a team player. I know I’ll be a marked man and I won’t be able to cut that easily, so I really need to involve my team more and help them so I can create for our team,” he said.The Cebuano guard is confident that with Perasol’s changes in the team since his arrival last year, the Fighting Maroons are ready to give a better showing this time as they gun to make it to the Final Four for the first time since 1997.“The foundations are already there. We won five games last year, so the confidence on each other is present. We know we can compete and right now, there’s no more reason for us not to win,” said Desiderio.ADVERTISEMENTlast_img read more

Pirates book first F4 berth

first_imgKammuri turning to super typhoon less likely but possible — Pagasa View comments “I guess the boys really want to be in this position, contending for a Final Four (spot),” said San Sebastian coach Egay Macaraya. “Hopefully, everybody will step up so that we’ll have a better chance.”Perpetual Help dropped to 4-8, sharing seventh spot with Arellano, while St. Benilde moved to the brink of early elimination by slipping to a 3-10 card.The Pirates needed a late push to hold off the Altas, who once again drew a big game from Prince Eze, who had 26 points and 20 rebounds.Mike Nzeusseu, CJ Perez and JC Marcelino combined in a strong finishing kick that boosted the Pirates to a first Final Four appearance with five games to spare.Perez sizzled for 21 points, while Nzeusseu added 15 points to match JV Marcelino’s output and Spencer Pretta came off the bench to chip in 12 points, all from three-pointers.ADVERTISEMENT LATEST STORIES Already good for silver, Delarmino shoots for Muay Thai gold E.T. returns to earth, reunites with grown-up Elliott in new ad  “If we’re goal-oriented, our goal is not just to make it to the Final Four but we have to go beyond that,” said Robinson, after the Pirates extended their historic run to 13 games.“It (making history) is really important to us, but if we could go further, I guess that’s what we’re aiming for. Again, you cannot be fat and happy just making it to the Final Four.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutLater, San Sebastian continued its Final Four push with a 73-61 drubbing of St. Benilde to forge a three-team tie for fourth spot.Renzo Navarro fired 16 points, while Michael Calisaan chipped in 11 points as the Stags improved to 6-6, tying Letran and Emilio Aguinaldo College. LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Read Next BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Lyceum star CJ Perez (left) and Perpetual’s Flash Sadiwa are left suspended in midair during a loose ball scramble. —AUGUST DELA CRUZMake no mistake about it, Lyceum is far from satisfied from just clinching a Final Four berth in NCAA Season 93.Pirates coach Topex Robinson immediately set loftier goals for his team after a 94-83 whipping of Perpetual Help secured a first postseason appearance on Thursday at Filoil Flying V Centre in San Juan.ADVERTISEMENT NCAA Season 93 Preview: Lyceum Pirates PLAY LIST 02:00NCAA Season 93 Preview: Lyceum Pirates02:12San Beda, Lyceum early favorites ahead of NCAA Season 9300:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Nonong Araneta re-elected as PFF president MOST READ Frontrow holds fun run to raise funds for young cancer patients  Don’t miss out on the latest news and information. Brace for potentially devastating typhoon approaching PH – NDRRMC The Pirates still have their work cut out for them if they want to sweep their remaining matches that will actually guarantee a finals berth along with a thrice-to-beat bonus in the championship round. Fire hits houses in Mandaluyong Citylast_img read more

2009 WA Junior State Champs

first_imgThe 2009 Be Active Junior State Champs will be held at Lightning Park, Noranda, WA, from Friday 20 February to Sunday 22 February 2009.Over 25 teams will compete in 5 divisions, including 10’s, 12’s and 15’s Mixed, as well as 18’s Boys and Girls. The 15’s Boys final will also be played on Sunday, with Northern Districts taking on Tompkins Park.67 games will be played over the course of the championships, with teams from Fremantle, Tompkins Park, Peel Districts, Brighton, Northern Districts, Goldfields, Southern Districts and Perth Brothers all competing. The first games will be played on Friday at 6pm, with round games to continue on Saturday and Sunday. Finals will commence at 10.40am on Sunday, with the 12’s Mixed final, followed by the 15’s Mixed and 15’s Boys at 11.20am, the 18’s Girls at 12.10pm and the 18’s Boys at 1pm. The Under 10’s presentation will be held at 11am, with the 12’s at 11.30am and the 15’s and 18’s at the conclusion of the 18’s Boys final.For further information, visit the Junior State Champs website:http://www.juniorstatechamps.com.aulast_img read more

19 days agoJames excited playing for Lampard at Chelsea

first_imgAbout the authorPaul VegasShare the loveHave your say James excited playing for Lampard at Chelseaby Paul Vegas19 days agoSend to a friendShare the loveReece James is delighted playing for Frank Lampard at Chelsea.Lampard’s appointment naturally delighted James and provided that extra motivation for him to get back fit and firing.”Frank is a club legend and someone I’ve always looked up to,” admitted the 19-year-old to chelsea.com. “If a manager believes in youth and believes in you then eventually you know the chance will come.”I’m only just getting back into the swing of things. My first step was to get back fit and now I’m here, I just need to keep improving gradually week-in, week-out. Getting injured is all part of the game and you just have to build yourself back up to get strong and fit.”It was a slow process because the injury took longer than expected but I just had to take it step by step. I’m just grateful now that I’m back fit and competing to play.” last_img read more

New Flights Will Bring Thousands of Visitors to Jamaica

first_img He informed that thousands of additional seats have been negotiated for the 2018/2019 winter tourist season, which will give further momentum to the market. Story Highlights Tourism Minister, Hon Edmund Bartlett, says Jamaica is poised to increase airlift into the island for a third consecutive year.He informed that thousands of additional seats have been negotiated for the 2018/2019 winter tourist season, which will give further momentum to the market.These include 38,000 more seats out of the United States of America; a record 42,400 additional seats out of Canada; 12,000 more seats from Continental Europe; and 7,455 more seats out of the United Kingdom (UK) and Northern Europe.Minister Bartlett, who was addressing day two of the Jamaica Product Exchange (JAPEX) at the Montego Bay Convention Centre on Monday (September 24), said that starting in October, several new flights will be coming directly out of Eastern Europe to the Sangster International Airport. These include Pegas Fly and Nordwind.“We are also expecting LATAM Airlines to commence early next year, and that will be a huge connection for us out of Lima (Peru), which is a major gateway in South America,” he added.He noted that Canada’s newest low-cost carrier, Swoop, a subsidiary of Westjet, will commence twice-weekly non-stop flights between the city of Hamilton in Ontario and Montego Bay, starting December 16.Sunwing will begin once-weekly non-stop flights between the city of Sudbury in Ontario and Montego Bay, starting this December and ending in April next year.“We are also going to be increasing connectivity with France. In fact, we are going to France very soon to tie up an arrangement to ensure that there will be air connectivity from Paris into Montego Bay, Jamaica,” Mr. Bartlett told the tourism stakeholders.“Additionally, on October 26, the first flight from Russia with love – a Dreamliner with 414 passengers – will come back to Montego Bay. They told me they had to increase the number of rooms in a certain Negril hotel because the flight was selling so well,” he boasted.JAPEX is the premier trade event for the travel industry locally and is a collaborative initiative between the Jamaica Hotel and Tourist Association (JHTA) and the Jamaica Tourist Board (JTB).Staged annually, the three-day trade show provides the ideal forum for leading suppliers in Jamaica’s tourism industry to negotiate, network, and meet with tour operators, travel wholesalers and other tourism partners from across the globe.last_img read more

Police probe laser beamed into aircraft that left pilot briefly dazed

first_imgHALIFAX – Police say a pilot was briefly dazed after a laser was pointed at his small plane as he flew over a Halifax suburb.They say a Diamond DA20 single-engine aircraft was flying above Hammonds Plains Road and Highway 102 in Bedford just before 11 p.m. Tuesday, when the pilot’s vision became temporarily impaired due to a laser beam pointing into the cockpit.Const. Dianne Penfound says police searched the area where the beam was thought to have originated, but didn’t find any suspects.She estimates the plane was flying at an altitude of about 1,220 metres, and was on its way to Moncton, N.B.She says the aviation security unit is looking into the matter, adding that the offence carries a maximum penalty under the Aeronautics Act of a $100,000 fine, five years in prison or both.There have been several other incidents involving lasers being beamed into commercial and military aircraft in the region in recent months.last_img read more

Shes a legend Im not Russell Peters jumped at chance to work

first_imgAdvertisement Twitter Advertisement Russell Peters only had one question when he was asked if he’d be interested in co-hosting a new variety show with TV legend Carol Burnett: when do we start?The Brampton, Ont.-native joins the 85-year-old Emmy winner in her new Netflix series A Little Help With Carol Burnett. On the show, Peters, who rocketed to fame thanks to a brand of comedy that pokes fun at racial stereotypes, banters with kids as they give advice to adult couples and celebrity guests.After selling out arenas across the globe, it’s a different gig than he’s used to. LEAVE A REPLY Cancel replyLog in to leave a comment last_img read more