Finland’s Elo updates strategic asset allocation to boost efficiency

first_imgElo, the merged mutual pension insurance company of Finland’s Pension Fennia and Local Tapiola, is updating its strategic allocation and strengthening its in-house capabilities by reducing the number of managers this year.Pension Fennia and Local Tapiola merged officially on 1 January.The two firm’s combined investment portfolio is now worth €18.6bn.Some €8.15bn of this originates from Pension Fennia, which transferred its assets to the new entity at Local Tapiola, which was already managing a portfolio of €10.44bn. Hanna Hiidenpalo, CIO at Elo, told IPE the firm aimed to make its investment operations more effective over the current year.At the moment, more than 60% of the firm’s assets are managed in-house – the company invests in hundreds of funds.Prior to the launch of Elo, Pension Fennia had invested slightly more in external funds than Local Tapiola had.“We are now analysing our portfolio and scanning all the funds in which Elo’s assets are invested, inspecting how they match with our strategy,” Hiidenpalo said.“Our aim is to clarify the portfolio structure overall – and it is likely we will end up exiting some of the funds in the process.”Today, the lion’s share of Elo’s assets is invested in fixed income including credit-related investment (less than 40%) and equities (approximately 30%).The rest of the portfolio includes property (15%) and hedge funds (10%) and alternatives (5%).Some 30% of Elo’s assets are invested in Finland, but on the equities side home-region makes up one-third of the portfolio.The rest of Elo’s equities are invested in other EU stock markets (30%), the US (approximately 20%) and emerging markets (nearly 20%).Prior to the establishment of Elo, the investment portfolios of Local Tapiola and Pension Fennia were quite similar to one another in terms of overall asset allocation.The only notable difference was Pension Fennia’s slightly larger exposure to property – at 16.5% of all holdings, whilst Local Tapiola’s property exposure was 13.2%.“Our primary target in using funds is to complement our own operations and strategy and investment policy,” Hiidenpalo said.“Funds come into play in specific markets, industries and particularly challenging alternative strategies, where our team of some 50 investment specialists do not have notable long-term expertise.“This year, we want to make our operations more effective and focus on our core operations – investing and analysis. This is of utmost importance in a big organisation like Elo.”last_img read more

EC Trojans Football Booster Meeting Wednesday

first_imgThe East Central Trojans Football Booster Meeting is set for Wednesday (10-9) at 6 PM at the high school cafeteria.last_img

Batesville Area CYO Basketball Results And Upcoming Tourney Bracket

first_imgBatesville Area CYO Basketball ResultsSunday  (1-19)St. Louis 1 beat All Saints 1 53- 46This was a very close game throughout the whole game. These two teams are the #1 and #2 seed going into the tournament so it was a very competitive game. Leading the way for St. Louis was Seth Gausman with 21 and Adam Cox with 20. Leading the way for all Saints was Griffin Werner with 12 points, Luke Hornbach with 9, and JJ Stenger with 8.   St. Louis #2 lost against All Saints #1 48-34.St. Louis only had 5 guys this week and they really played for 4 quarters. leading the way for St. Louis was Kurt Siefert with 23 points, Luke Wilson with 5, Adam Vogelsang with 14 and Tyler Kuntz with 2. Leading the way for All Saints 2 team was Kevin Huber with 15, Justin Ryan with 12, and Joe Bueschur with 10.  Other scores around the league. St. Michael’s won against St. Mary’s #2 38-34 Holy Family won against St. Mary’s 58-38 St. Maurice won against St. Catherine’s 73-262020 tourneyCourtesy of Bruins Coach Fuzz Springmeyer.last_img read more

Bulldog Swimmers Win Quad Meet At Lawrenceburg

first_imgNOTABLES— Second place finishers included: Will Johnson (200 IM; 100 Back); Paige Oldham (50 Free); Maria Lopez (100 Fly); Sean Callahan (100 Free; 100 Breast); Ava Obermeyer (500 Free); Lilly Wonnell (100 Breast) TEAM SCORESBatesville Bulldogs 104Milan 88Lawrenceburg 59Southwestern (Hanover) 26Shawe Memorial 2 Batesville Lady Bulldogs 92Lawrenceburg 77Milan 68Southwestern 44 The Batesville High School Men’s and Women’s swimming team traveled to Lawrenceburg High School for a 5-team and 4-team meet. Both teams came out victorious in a tight battle. BULLDOG WINNERS200 Medley Relay (1:51.27) — W. Johnson, B. Moster, E. Brewer, S. CallahanBenjamin Moster — 50 Free (25.33); 500 Free (5:52.53)200 Free Relay (1:44.83) — C. Tyrer, B. Moster, E. Brewer, S. Callahancenter_img Sonja Gaulin — 50 Free (28.75); 100 Free (1:01.70)200 Free Relay (1:59.88) — G. Martin, C. Main, P. Oldham, S. Gaulin400 Free Relay (4:28.05) — G. Martin, L. Loichinger, M. Lopez, S. Gaulin UP NEXTThe Batesville Bulldogs will be capping off the regular season at the Brebeuf Invitational hosted at the IU Natatorium on Jan. 28, 2019. Batesville will be one of 17 teams attending this invitational at one of the most historic pools in the nation. Meet starts at 5:45 and will include a brief Senior recognition at 5:30 pm for all the teams in attendance. Meet results available here: Courtesy of Bulldogs Coach Greg McMullen.last_img read more

Rooney never doubted Fellaini

first_img Manager Louis van Gaal said the midfielder was undroppable on current form, Ashley Young believes Fellaini is “unplayable” when at the peak of his powers, and Rooney thinks the Belgian is the best on the planet when it comes to relieving pressure and turning defence into attack. The United captain said: “We like to play out from the back and if teams are pressing us then we have him as an option. He is probably the best in world football at bringing the ball down and getting us out of that pressure and further up the pitch.” That Fellaini would receive such praise off anyone would have seemed laughable last summer. The 27-year-old was made to shoulder much of the blame for the disastrous reign of David Moyes, who signed the midfielder for £27.5million. The United fans who were excited at the prospect of watching the Belgian play quickly threw away the Afro wigs they had bought to mark his arrival when his form went downhill as fast as the team’s and Moyes was sacked. Such was the apathy towards Fellaini that his introduction off the bench for United’s final pre-season friendly against Valencia last August was greeted with sarcastic cheers from the home fans. Rooney thinks Fellaini should take credit for the way he dealt with the negativity that was directed his way. “Last year was awful for him,” Rooney said. “But in fairness he kept his head down worked hard and come through that tough period. Wayne Rooney never doubted Marouane Fellaini would become a world-beater at Manchester United. Fellaini put on the latest in a long line of impressive performances on Sunday when he starred in United’s 4-2 derby win over Manchester City at Old Trafford. Fellaini did not start a game for United until the end of October, but his form has become so good recently that those who work with him have been falling over themselves to praise him. “It was tough for him but he had the whole team’s support. We knew he was working hard and it wasn’t just him struggling last season, a lot of us were. “He was the one who took most of the blame for it. It was hard for him. Thankfully the manager has shown faith in him. “He is showing now what he did at Everton and why Manchester United bought him. He is a quality player. He is a different option for us and it is starting to show on the pitch.” In the first derby, Fellaini lacked discipline and seemed determined to get sent off, but on Sunday he put on arguably the best performance of his United career. The 6ft 4in midfielder eased the pressure on his team-mates by heading in United’s second and he won his battle with his opposite number Yaya Toure, who was made to look like a tired fortysomething by the final whistle. Rooney thinks Fellaini, and the rest of the United front six, were more willing to graft for their team-mates than the opposition. He said: “We know some City players are not the best at tracking back and defending and tracking runners and we felt we could make them pay for that and we did do. “We have got players who can score goals from midfield and to be honest we felt that was going to win us the game and it was proved to be.” Fellaini, Rooney and their team-mates will look to make it seven straight wins this Saturday when they travel to Stamford Bridge. Although mathematically United can still win the title, even if they win in London, leaders Chelsea will still be five points clear and they have a match in hand against bottom side Leicester to come. But Rooney knows United can send out another message by becoming the first team to win at Stamford Bridge in the league in more than a year. “We are confident going to Chelsea,” the striker said. “We are in a good run of form and have beaten some good teams.” Press Associationlast_img read more

Participants in the Second edition of Accra “Worksout” to get free medicals on Saturday

first_imgParticipants in the second edition of Accra “Worksout” will get free medical attention on Saturday before and after the Fitness conscious program at the Accra Sports Stadium.The first edition was lauded by many with scores in attendance but this time participants will get the benefit to medically check their status.The program which is a monthly event is been put together by Primeval Consult in partnership with the National Sports Authority (NSA).The second edition will draw participants from various Keep Fit Clubs, Corporate bodies and individuals to the multi- purpose court at the Accra Stadium. The program will give an opportunity to members of the corporate world to burn down calories due to their busy work schedules.last_img read more

Lakers focus on player health and injury prevention ahead of restart

first_img Lakers, Clippers schedules set for first round of NBA playoffs Newsroom GuidelinesNews TipsContact UsReport an Error For the time being, all of the Lakers’ work is focused on their bodies. Between the weight room, training room and court time, players have a lot to squeeze in roughly two-hour windows at the practice facility. Vogel said he prefers giving them more time now to spend with their families: The Lakers will dive more into film and group work when they arrive in Orlando and clear quarantine.Game-ready shape requires physicality, speed and reaction ability that Vogel said many players haven’t truly tested in months.“All those types of things have been dormant, so to speak,” he said. “They’ve just gotta be, hopefully, brought back in a relatively quick fashion and at the right pace. We’re very concerned about going too fast once we get going.”While Avery Bradley is sitting out the restart and Dwight Howard is still reportedly mulling his options and could join the Lakers later in the process, Davis said he’s had no reservations about getting back to competition. The NBA announced Thursday morning that nine new positive COVID cases surfaced among players, and 848 tests of traveling staffers revealed 10 new COVID cases.Vogel and Davis said they trust the league’s preparation and guidelines, and they believe attendees will follow the restrictions of the Disney World campus for the greater good.“Obviously the numbers are spiking in Orlando, and I don’t think no one wants to get COVID,” Davis said. “So I don’t think guys would put themselves, or hopefully won’t put themselves, the other players and staff that’s gonna be in the bubble in jeopardy.”The steady rise in cases around the country is just one of the uncertain factors the Lakers face, along with losing Bradley and not being sure Howard will join. They’ll also seek to continue blending Markieff Morris and Dion Waiters, as well as new signee J.R. Smith. Between the age of the roster and the quick uptick to the July 30 start, there could be increased risk of injury for the Lakers as much as any team.Related Articles Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers How athletes protesting the national anthem has evolved over 17 years center_img And yet Davis seemed confident that his team remains the one everyone is trying to unseat.“Actually, I think our chances are higher just because we’re all rested and we’re all ready to go,” he said. “If anything, our chances got higher and it’s going to be about just who wants it more. Everybody kind of had a decompression of the season and obviously with stuff going on, but it’s about what team wants it more and which team can stay healthy.” For just about four months, Anthony Davis lived with the pain.After an injury during the opening slate of games last fall when he jammed his right shoulder, it was common, even for months afterward, to see the 6-foot-10 forward rolling the joint while wincing in pain. Davis gets these nagging injuries that are difficult to shake once in the rhythm of the season.So in one light, the hiatus has done him good: Without the physical toll of games and going through daily workouts – with plenty of down time with video games mixed in – Davis said Thursday he feels as good as he’s felt physically all year.“It’s been good for me to kind of let some of them lingering injuries I had towards the time when the NBA stopped to kind of recover and heal and get back into the best version of myself,” he said. “I feel 100 percent healthy. Well, I don’t feel – I am.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersKeeping Davis and the other Lakers that way is a priority for the team, which has zeroed in on staying healthy headed to the NBA’s Orlando restart later this month. While the threat of COVID-19 looms over all the proceedings, the Lakers anticipate that the abbreviated timeline to get back into shape and the unusual circumstances of play could mean the NBA title will be won by the team that can withstand the most attrition.To that end, the Lakers will be sending a full roster of 17 players, including two-way contract players Devontae Cacok and Kostas Antetokounmpo, to provide maximum depth. NBA teams are restricted to a 35-person initial travel party, which coach Frank Vogel said the Lakers will use heavily on medical staff at the expense of some spots for coaches.While the Lakers have not disclosed which coaches will not be traveling to Orlando on July 9, Vogel said “miserable” decisions were necessary to protect the health of the players.“Just because of the history of players coming back after a lockout types of situations and the high risk of injury,” he said. “Additionally with the COVID protocols and potentially having guys out, we did decide to bring 17 players so that we make sure that we have enough practice bodies. What that does is it leaves you, and what most teams are going through, it leaves you a little bit shorthanded on the coaching front.”Coaches who don’t travel with the team initially will work remotely, and as long as the Lakers advance through the postseason, they anticipate more staffers will be able to join the campus. Lakers practice early hoping to answer all questions last_img read more

Sunday blog: New classification format will have little affect on Wellington – except driving

first_imgby Tracy McCue, Sumner Newscow — The division of Class 4A for which Wellington is a part, drew what I thought was pretty much a collective yawn from local Crusader fans.And that is probably the way it should be.Last week, the Kansas State High School Activities Association Class 4A schools voted 43-22 to split the 64-team classification into two 32 team divisions for five sports: football, volleyball, basketball, softball, and baseball. All other sports will remain in the old 64-team format. Using last year’s enrollment figures, Wellington is currently No. 26 on the 64 team list (see list below) which means it will be Division 1 – competing against the bigger 32 4A teams in the post season. That could change over time because Wellington is just 50 high school students from dropping into the lower tier of the classification.The change begins the next 2013-14 school term with the exception of football which is currently on a two-year cycle and will begin in 2014-15.So how will this change affect Wellington? Probably not a lot. Not to sound rude here, but this change was about smaller Class 4A schools, like Holton, Pratt or Wichita Collegiate, which regularly compete for state championships in those five sports, but are denied because schools like McPherson and Rose Hill – twice their size – are standing in their way.By the same token, schools like McPherson and Rose Hill love the new plan because they no longer have to compete with Wichita Collegiate – that lovely recruiting private school to our north – for a state championship.Wellington may be able to shed Collegiate of post season play in those sports – at least for a while – but the Crusaders still have to beat the likes of Topeka Hayden, Mulvane, Rose Hill and McPherson if they want to win any kind of state championship glory.This is not to mention Andale, winners in everything, who is right now on the bubble at the top of Division two, but could easily move to Division one soon with a growth spurt.I don’t see this being any easier for Wellington no matter how you slice it. The sports for which Wellington has been most successful in the past: i.e. tennis, golf and girls track with potential success in wresting in the future are unaffected by the new format. Those sports will remain in the old Class 4A format.Will Class 4A be more watered down? Yes. Does it matter? Not really – unless you are a member of the eight or so schools, who are always competing for state championships in a multitude of sports.So what will change for Wellington?Logistics. Wellington will possibly be playing Ulysses – a hop and a jump away from Colorado – on a regular basis in regional and district tournaments. Get this: With the new format Wellington is the closest school to Ulysses in Class 4A Division 1 at 250 miles!Saddle up the busses boys for a four hour ride so we can play Clearwater in the first round of a regional basketball tournament hosted by Ulysses.One thing I do like about the new format, is the potential of eliminating that absurd Thursday-Tuesday-Saturday format in football in which the KSHSAA tries to sandwich three games in two weeks. With 32 teams instead of 64, there will be one less round of playoffs meaning everything can be played on Friday night. No more football playoff games on Tuesday night! I would love to see Wellington participate in such a playoff system.Nevertheless, Wellington will always still have to bat down someone of irritation whether its Andale or Wichita Collegiate or Tenbucktwo in the post season.For Wellington, getting better is the key to success. No new post season format is going to change that for the Crusaders.DIVISION 1                                         DIVISION 21.    Topeka Highland Park 729             1.     Andale 4342.     Pittsburg 710                                 2.     Eudora 4333.     Bonner Springs 708                       3.     Clearwater 3694.     Winfield 691                                  4.     Santa Fe Trail 3625.     McPherson 690                             5.     Iola 3616.     De Soto 681                                    6.    Parsons 3617.     KC Sumner Academy 674               7.    KC Ward 3548.     Paola 650                                       8.   Osawatomie 3539.     Buhler 642                                      9.   Pratt 35010.   Ottawa 636                                   10.   Columbus 34311.   Spring Hill 636                               11.   Girard 33512.   Basehor-Linwood 599                   12.   Perry-Lecompton 32813.   Tonganoxie 595                            13.   Garnett-Anderson County 32114.   Rose Hill 585                                14.   Chapman 32015.   Independence 576                        15.   Holton 32016.   Augusta 567                                 16.   Colby 31017.   Mulvane 565                                 17.   Clay Center 30718.   KC Piper 563                                 18.   Wichita Trinity 30519.   Fort Scott 562                               19.   Meriden-Jefferson West 30520.   El Dorado 561                               20.   Nickerson 29921.   Chanute 552                                  21.   Hugoton 29722,   Labette County 527                       22.   LaCygne-Prairie View 29523.   Towanda-Circle 525                      23.   Hoyt-Royal Valley 29024.   Louisburg 490                               24.  Lindsborg-Smoky Valley 29025.   Topeka Hayden 488                      25.   Larned 28826.   Wellington 487                             26.   Baxter Springs 28527.   Abilene 476                                   27.  Concordia 28228.   Coffeyville 462                              28.   Goodland 27529.   Atchison 460                                 29.   Hesston 27030.   Ulysses 457                                  30.  Collegiate 26731.   Baldwin 456                                  31.  St. George-Rock Creek 25832.   Wamego 451                                 32.   Frontenac 258 Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comment (1) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. 0 Vote up Vote down Lost Crusader · 374 weeks ago It was a very sad day in the state when this agenda was passed. We will see a lot fewer in the seats come playoff time and on the road games. Sellars park used to be packed for all games. Now we are lucky to have half the seats filled and are usually empty by halftime. Report Reply 0 replies · active 374 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new commentslast_img read more

Three takeaways from LSU’s win over Oklahoma: Joe Burrow leads record-setting blowout

first_imgOklahoma, Big 12 still looking for Playoff winBrendan Radley-Hiles’ cheap shot on Edwards-Helaire at 13:24 in the second quarter was symbolic of the Sooners’ latest meltdown on the national stage. Oklahoma wasn’t ready for LSU.The Sooners have yet to win a Playoff semifinal in four tries, including in three consecutive seasons. That comes after losing three straight championship games in the Bowl Championship Series era (2003, 2004, 2008). That’s seven missed swings since the program’s last national championship in 2000. The Big 12 is the only Power 5 conference that hasn’t had a team win a semifinal in the six-year history of the Playoff.Oklahoma coach Lincoln Riley has lost just three regular-season games in leading three Big 12 championship runs, but a third straight loss to an SEC school in the semifinals will lead to another offseason of questioning the Sooners’ big-boy credentials. After three straight semifinal losses, that criticism is warranted. No. 1 LSU routed No. 4 Oklahoma 63-28 in the College Football Playoff semifinal at the Peach Bowl on Saturday.The Tigers (14-0) — behind Heisman Trophy winner Joe Burrow’s 493 passing yards and eight total touchdowns, advanced to the Playoff championship game in New Orleans on Jan. 13, giving them a chance to match Clemson as the only teams in the modern era of college football season to go 15-0. Oklahoma (12-2) lost in the College Football Playoff for the third consecutive season. MORE: LSU-Oklahoma: Tigers set crush Oklahoma in record-setting blowoutHere are three takeaways from the Tigers’ blowout victory:Burrow, Jefferson set recordsBurrow threw four first-half touchdown passes to Justin Jefferson — scores of 19, 25, 42 and 30 yards — as part of a run in which the Tigers scored touchdowns on seven of eight possessions. It was another remarkable performance with the help of offensive coordinator Steve Ensminger and passing game coordinator Joe Brady. Oklahoma hadn’t allowed a 300-yard passer all season under new defensive coordinator Alex Grinch.Burrow had 403 yards by halftime, a College Football Playoff record. He also broke the Playoff single-game passing record, and he’ll have a chance to make a run at Deshaun Watson’s two-game total of 679 passing yards, set in 2016. He also set the record for “most touchdowns responsible for” in a single Playoff game — in the first half — when he threw his fifth touchdown pass. He added two more passing scores and a rushing touchdown before exiting in the fourth quarter. Burrow finished with 515 total yards of offense.LSU did all that with limited usage from running back Clyde Edwards-Helaire, who played sparingly because of a hamstring injury, and starting offensive lineman Damien Lewis, who was injured early in the game. The Tigers proved once again this offense is borderline unstoppable with Burrow at the controls.Thing is, LSU played defense, too.Tigers’ defense sets the toneLSU rattled Heisman finalist Jalen Hurts in his final college game. The Tigers forced four three-and-outs and an interception in the first half, and that was enough to break the game open. In a Playoff that features four elite offenses, that’s more than enough to get the job done.LSU did an excellent job of keeping Hurts contained on designed runs, and flushed him out of the pocket on passing plays to force errant throws. Aside from a 51-yard pass play to CeeDee Lamb, LSU did an excellent job of avoiding chunk plays, too.Hurts was 5 of 18 for 101 passing yards in the first half, carrying the ball eight times for 24 yards. He finished completing 15 of 31 passes for 217 yards and an interception, adding 43 rushing yards and two scores on the ground.But Oklahoma couldn’t keep up in the first half, and that led to a 42-14 deficit and the ultimate 63-28 final score.last_img read more


first_imgCHRISTINE A. MOORE MILLINERY TRUNK SHOW AT SANTA ANITA PARK FOR OPENING WEEKENDNEW YORK CITY, NY.  (Sept. 23, 2019)–Santa Anita Park will host Christine A. Moore Millinery for Trunk Shows on September 27th and 28th at the Champions Gift Shop. Come check out a great selection of women’s and men’s styles from her 2019 Collections!  This is perfect opportunity to shop for your Santa Anita opening day hat and your Breeders’ Cup hat! As always, special orders are welcome!For more information, call Blake at Christine A. Moore Millinery at 212-279-1775, or the Santa Anita Champions Gift Shop at 626-808-5660.last_img read more