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A class of their own

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People moves: Union’s institutional boss to lead Quoniam as CEO [updated]

first_imgUnion Investment, Quoniam Asset Management, AP Pension, Industriens, DSM, Schroders, Generali, East Capital, Ortec Finance, FRC, ICI Global, Barnett Waddingham, Finance for Tomorrow, T Rowe PriceUnion Investment/Quoniam Asset Management – Nikolaus Sillem is leaving Union Investment to take over as CEO of Quoniam Asset Management from Helmut Paulus, who is leaving the company for personal reasons.André Haagmann will in turn take over Sillem’s responsibility for the institutional arm of the Union Investment group.Paulus, who co-founded Quoniam in 1999, will leave at the end of June. In a statement, the supervisory board thanked him “for his outstanding achievements and his unwavering commitment to making the company one of the leading quantitative asset managers”.   Anna Maria Reforgiato Recupero, GeneraliGenerali Investments – Anna Maria Reforgiato Recupero has been appointed head of Generali’s strategic investors group, which acts a hub for all of the Italian company’s asset management units, boutiques and affiliates when dealing with strategic partners and key accounts. Reforgiato Recupero joined Generali Investments in September 2017 as head of insurance and liability-driven investors solutions. East Capital – The emerging and frontier markets specialist has hired the former Swedish finance minister Anders Borg as an adviser. Borg was Sweden’s finance minister from 2006 to 2014, during which time he was also president of the EU’s group of member state finance ministers and served in the governing institutions of the IMF and the World Bank.He is currently on the board of directors for Nordic Entertainment Group and Stena International, and is also a senior adviser to companies such as IPsoft, Kinnevik and MTG.Peter Elam Håkansson, chairman and CIO of East Capital, said Borg had “exceptional knowledge about the global economy at large [and] in specific emerging markets”, as well as an “extensive global network”.Ortec Finance – René Goris joined Dutch consultancy firm Ortec Finance at the beginning of this month as a senior investment and risk consultant. Goris previously worked for more than 11 years as a senior investment consultant at Willis Towers Watson.Financial Reporting Council (FRC) – David Rule has been named executive director of supervision at the UK’s audit regulator, which is transitioning to a new entity, the Audit, Reporting and Governance Authority, following an independent review. He will take on the newly established position in September, joining on secondment from the Bank of England’s Prudential Regulation Authority, where he is executive director for insurance supervision.At the FRC, Rule will lead its audit quality and corporate reporting review functions and sit on the FRC’s executive committee. Anna Driggs, ICI GlobalICI Global – The Investment Company Institute (ICI) has appointed Anna Driggs as a director and associate chief counsel for global funds policy, based in London. The appointment is part of the US asset management trade body’s plans to grow its presence in Europe.Driggs has worked on ICI’s global team for most of her 12-year career at the organisation. Most recently she was associate chief counsel for global retirement policy.ICI Global’s managing director Patrice Berge-Vincent said Driggs was “the ideal person to deepen our engagement with EU financial policymakers” given her work on the pan-European personal pension product.Barnett Waddingham – Allan Engelhardt has been appointed to the consultancy to lead a team supporting companies in data-based decision-making. Engelhardt has over 20 years’ experience in management consulting and data science across numerous sectors and, before joining Barnett Waddingham, ran a data consultancy service, CYBAEA , with the aim of making data science commercially accountable.Finance for Tomorrow – Philippe Zaouati, CEO of Mirova , part of Natixis Asset Management, has stepped down as chair of Finance for Tomorrow, a French sustainable finance initiative. Pierre Ducret, special adviser for climate change at Caisse des Dépôts Group and chair of I4CE Institute for Climate Economics, will assume the interim presidency until a new chair has been elected. T Rowe Price – The $1.1trn (€1trn) US asset manager has appointed Colin McQueen to its global equity team, where he will lead its $10.6bn international value equity strategy. He joins from Sanlam Investments, a UK-based fund manager, where he was in charge of its global equity team.From 1 July, McQueen take over management of the international value equity strategy from Sebastien Mallet. Mallet runs T Rowe Price’s global value equity strategy and has been in charge of the international version since last summer. Mallet took over from Jonathan Matthews last year after he moved to a business management role.McQueen has previously led global value equities investment at Morgan Stanley Investment Management and was a global value equity portfolio manager at UBS Global Asset Management.center_img Sillem has been in charge of Union’s institutional and international business since 2003, while Haagmann has worked for Union since 2006, joining the board of directors of its institutional arm in 2015. Most recently he has been responsible for building and managing relationships with German and international institutional clients.AP Pension – The supervisory board of Danish pension fund AP Pension has appointed Sara Brinks Larsen and Henrik Engmark to its executive board, while Jesper Bjerre has resigned after a two-year tenure.Engmark replaces Bjerre as chief operating officer and Brinks Larsen will be the pension fund’s chief corporate affairs officer. Both have worked for the fund for many years. Brinks Larsen was previously director of corporate affairs and strategy and Engmark was in charge of the integration of Skandia’s Danish pension business, Skandia Denmark.AP Pension said that, as a result of the merger with Skandia Denmark , its supervisory board saw the need to expand and make changes to AP Pension’s executive board. The executive board now consists of four members, including chief executive Bo Normann Rasmussen and Thomas Møller, chief mathematical officer.Industriens Pension – Laila Mortensen, chief executive of Danish pension fund Industriens Pension, has joined a new climate panel set up by the Danish Innovation Fund. The fund, created by Denmark’s Ministry of Education and Research in April 2014, aims to provide grants for the development of innovative research and technology.The panel brings together companies and researchers to invest in projects that could help to tackle the world’s major climate and environmental challenges. While the innovation fund as a whole invests around DKK1.5bn (€200m) annually, in recent years more than DKK1bn has been invested in climate-related schemes, prompting the need for a more focused panel, the fund said. DSM – Edith Schippers has been appointed chair of the board of Pensioenfonds DSM, the corporate scheme for healthcare company DSM Nederland. The former Dutch health minister became the boss of DSM Nederland earlier this year. On the pension scheme’s board she succeeds Hans van Suijdam.Schroders – The UK-listed asset manager has hired Peter Arnold to lead its private assets distribution efforts. He will join next month lead the £421bn (€477bn) investment house’s alternative sales unit, which was set up last year as a global distribution hub for private assets. Arnold was previously global head of international fund distribution at Citi, specialising in private debt, real estate and global infrastructure. He has also worked at JP Morgan, UBS and Societe Generale.Schroders manages £38bn across private assets and alternatives, including private equity, infrastructure finance, insurance-linked securities, real estate and securitised credit.last_img read more

IMCA.TV rewards feature winners, earliest Modified entries by state for Super Nationals

first_imgSILVER BAY, Minn. (June 19) – The official network of the International Motor Contest Association makes winning a feature race pay off even bigger for one IMCA driver each month.  IMCA.TV gives a Roku Express streaming device and one-year membership to the winner of a monthly drawing, open to all drivers in all divisions who won sanctioned features.  A schedule and information about upcoming broadcasts is available on the www.imca.tv website. Drawing winners thus far include Chris Elliott, Modified; David Jones, SportMod; Hesston Shaw, Stock Car; and Dennis Spencer, Hobby Stock. In addition, IMCA.TV gives a complimentary pay-per-view six-day America’s Racin’ Vacation package to the first pre-entered Modified driver from each state without a current subscription competing at the IMCA Speedway Motors Super Nationals fueled by Casey’s.IMCA.TV features live streaming subscription races with replay archives. Viewers can tune in to specials, series and weekly racing events held at tracks across the country on their computer, mobile phone or tablet app, Roku, Fire TV or Apple TV. “It is important that we continue to support the racers that support us,” stated IMCA.TV Executive Producer Bucky Doren. “Getting a victory means more than a checkered flag in IMCA and this is one of many reasons why.” “This is a great program that highlights the IMCA.TV platform and continues to drive viewership,” said IMCA Marketing Director Kevin Yoder. “With the IMCA Speedway Motors Super Nationals fueled by Casey’s on the horizon we want to help make sure the families and friends of drivers attending can watch their events from home, no matter where that may be.”last_img read more

Orange eyeing sweep of Panthers with Big East in mind

first_imgThree times this season the Syracuse softball team has put together a four-game winning streak. But just as the momentum starts to build, losses in the next game have twice spoiled SU’s chances of making a major run in the Big East.Perhaps the third time will be the charm.If ever there was a time for the Orange (27-20, 9-7 Big East) to make a statement to the rest of the conference, this is it. After two wins each over Connecticut and Penn State, Syracuse has tied its longest winning streak of the season at four games. This weekend the team travels to Pennsylvania for three games against Pittsburgh (24-20, 8-8) in its second-to-last series of conference play. With only two weeks left in the Big East regular-season, the Orange is looking to sure up its spot in the conference tournament by way of a strong performance against the Panthers.‘We need a sweep,’ SU sophomore pitcher Jenna Caira said. ‘We can’t say that we can have two out of three (games). We need to make sure we go in there and take care of some business. Every game counts here.’The importance of this series is elevated by the log-jam that is the Big East this season. The top eight teams in the conference qualify for the Big East Championship in May, and at this point only one team has clinched a spot. Notre Dame (40-9, 15-3) has cemented itself at the top of the league, but seven other spots are up for grabs.AdvertisementThis is placeholder textSyracuse and Pittsburgh currently sit fourth and fifth in the standings respectively and are separated by only one game. The difference from fourth place to last place is just four games, meaning a sweep for either team would be devastating. No team in the conference has been mathematically eliminated from tournament contention either.‘I would say it’s a very important series,’ Pittsburgh head coach Holly Aprile said in a phone interview Monday. ‘I don’t want to overrate this series, but obviously, you know, because of the standings and where we are shaping up it’s important for both of us.’If the Orange sweeps this weekend, it could tie or even pass Louisville for third place depending on the results of the Cardinals’ series with South Florida.And if history is at all an indication of what will take place this weekend, SU can rejoice. Under head coach Leigh Ross, Syracuse is a perfect 6-0 against the Panthers. Pittsburgh is the only team in the Big East that doesn’t have a victory against Ross while she has coached the Orange. Her teams have outscored the Panthers by 19 runs during the current streak and out-hit Pittsburgh 63-37.‘I don’t really understand why (we play well against Pittsburgh), but I like it,’ Ross said. ‘I like that we’re comfortable going up against them.’Although Ross may not be able to offer an explanation for the current winning streak, Aprile found a reason quite easily.‘I don’t know that it’s something particular against us necessarily,’ she said. ‘I think that they’ve just been better. They’ve out-hit us, and they’ve out-pitched us.’Pitching is what got it done for the Orange against the Panthers last season, particularly Caira. She threw a complete game one-hit shutout for SU and that lone single was the only thing between Caira and her first-career perfect game.Heading into this weekend, Caira says she feels ‘really good’ despite throwing 12 innings on Tuesday. She was virtually unhittable against the Nittany Lions and is looking for a repeat performance against the Panthers.‘I went to (the trainer) yesterday, and she worked on my arm,’ Caira said. ‘She did a good job with that, and I feel loose and relaxed. I’ll be ready to go this weekend and hopefully have the same performance as when we played Penn State.’After this weekend the team has one Big East series remaining when it hosts second-place DePaul May 8-9. The Orange has never beaten the Blue Demons under Ross, which is a major reason why she wants to lock up a berth in the tournament before they come to town.‘I just think getting it done right now (is important),’ she said. ‘Take care of our business and ensure us a spot in the (Big East) tournament. That will give us a little leeway and take a little pressure off for DePaul, being able to go out there and relax and know that we have clinched a spot.’ Published on April 28, 2010 at 12:00 pm Contact Michael: [email protected] | @Michael_Cohen13 Comments [email protected] Facebook Twitter Google+last_img read more

Preparing for Dorian: Updates on Schools, FPL, and More

first_imgAs you’re making those hurricane preparations, we have the information you need about plans for power restoration, as well as updates on school closures and cancellations, and more.FPL:Florida Power & Light says it already has 5,000 employees, contractors and partners set to help restore power in the storm’s aftermath. The utility also has 15,000 transformers, 75,000 miles of wire to repair power lines, and 3 million gallons of diesel to power its trucks. All of the supplies will be deployed from FPL’s command center in Riviera Beach, which serves as the company’s storm headquarters for the entire state.ROLLING STONES:The Rolling Stones concert at Hard Rock Stadium has been moved up from Saturday to Friday. Tickets for the original show date will be honored at Friday’s show.SCHOOLS:PALM BEACH COUNTYAt this time, school schedules and elementary school after-care will operate as normal on Friday. Sporting events and other after-school activities are canceled on Friday. Updates are available through the district’s website.The Diocese of Palm Beach Office of Catholic Schools follows the decisions made by the public school system, and will therefore follow the same closures as public schools. When Catholic schools are closed, all student activities on campus are suspended.St. Mark’s Episcopal Church & School in Palm Beach Gardens will be closed on Friday and Tuesday.All Palm Beach State College campuses will be closed starting Friday at noon. At this time, the College is scheduled to reopen on Tuesday. All classes and activities scheduled during the closure are cancelled.Palm Beach Atlantic University has cancelled all classes for Friday. Campuses in West Palm Beach and Orlando will be closed from Saturday to Monday.All FAU classes that begin after 12:30 p.m. on Friday have been cancelled. Campuses will remain open through Friday but will be closed Saturday through Monday. All events that are scheduled to take place on any FAU campus from 1 p.m. Saturday through Monday are cancelled.MARTIN COUNTYThe Martin County School District will be operating on an early dismissal schedule on Friday. Students will be dismissed two hours earlier than normal. All after-school activities, including Extended Day, will also be cancelled.All activities, including athletics, for the Martin County School District will be cancelled for Saturday through Monday.All football games that were scheduled for Friday have been rescheduled.Hidden Oaks Middle School has cancelled all after-school activities for Friday.ST. LUCIE COUNTYSt. Lucie Public Schools will follow an early release schedule (dismissed 2 hours early) on Friday. There will be no after-school activities. This includes the cancellation of all programs by partnering agencies such as the Boys & Girls Club and YMCA.All school activities and athletics are suspended effective Friday until further notice. All “Facility Use” agreements are also suspended until further notice.SLPS will notify parents and staff about the schedule for Tuesday.We will continue to update this list as needed. From everyone at 850 WFTL, be prepared and stay safe!last_img read more

FIFA VP frustrated with Italy, Spain over racism

first_imgA Thursday, May 1, 2014 photo from files showing Jeffrey Webb, FIFA Vice President, gesturing as he speaks during a news conference in Bal Harbour, Fla. (AP Photo/Alan Diaz, File)LONDON (AP) – FIFA Vice President Jeffrey Webb condemned “deep rooted racism” in Italy on Wednesday after Mario Balotelli was racially abused while training with the national team.A year after spearheading the strengthening of FIFA’s discrimination sanctions, Webb is frustrated that some countries including Italy and Spain are not showing the commitment required to the fight against racism.“National associations obviously really have to not just talk about zero tolerance – they have to put action behind it,” Webb told The Associated Press in an interview in London. “If you look at some of the decisions that have been taken in Spain and Italy definitely that’s cause for concern.”Balotelli, who is Black, faced racist chants again on Wednesday morning in Italy – this time at the national team’s World Cup training base in Florence.“Unfortunately, it just shows the deep rooted racism and prejudice that exists obviously in the Italian community and society at large,” said Webb, who heads FIFA’s task force against discrimination. “It is a fight, it is a challenge.”And a challenge to ensure every country adopts the penalties adopted by FIFA last May, including minimum five-game bans for racist abuse by players, and point deductions or relegation for serious incidents in the stands.In Spain, Villarreal’s only sanction last month was a 12,000 euro ($16,000) fine from the league after a fan threw a banana at Barcelona defender Dani Alves, rather than any partial stadium closure for the next game.“We have seen national associations taking decisions and they have not implemented what FIFA has adopted or what UEFA has adopted (including a minimum 10-game ban for racism),” said Webb, who is also CONCACAF president. “In those cases now we have got to make sure that those regulations go down to the national associations – and the national associations hold the clubs accountable.”To Webb, Spanish football remains in a state of denial about the extent of racism and the need to show a commitment to eradicating the scourge on the game in the home of the world and European champions.“It’s obviously very much deep-rooted,” he said of the situation in Spain, adding later: “In many countries it’s not high on the agenda.”___Rob Harris can be followed at www.twitter.com/RobHarrislast_img read more