The National Grid UK Pension Scheme is to sell its in-house asset manager in changes to its investment and governance model.The £17bn (€23.4bn) pension fund for the UK’s electricity network management company manages around 75% of its investments through Aerion Fund Management, wholly owned by the pension scheme and managing only its assets.However, after the scheme reviewed its investment and governance models with the aid of consultants Redington, the trustees decided to offload the asset management business.Aerion’s sale, preceded by the exit of chief executive Paul Sharman in March, is likely to see all of its remaining staff move with the asset manager, according to chair of trustees Nigel Stapleton. Stapleton said the decision to sell the asset manager was not about costs or Aerion’s performance as an in-house manager.“The trustees must focus on how they can do their own job most effectively,” he told IPE.“Aerion is a very strong team, but the scheme is maturing, and, as you mature, you must become more risk averse.“It is not cost or the team, but, eight years on from when we last looked at this, the scheme’s profile has changed and matured, with asset and liability management becoming more complex. We need more specialist skills.”The pension fund will now create a small and specialist “executive team” to support the trustees with asset manager monitoring, investment strategy and liability management.The team will report directly to the trustees, focusing on the scheme’s needs on a full-time basis.Fenchurch Advisory, an asset manager buy-and-sell specialist, will assist with Aerion’s sale.
A young teacher was left in a state of shock on Tuesday afternoon when two bandits robbed her of her necklace and motorcycle right in front of the school she teaches at in Sophia, Greater Georgetown.Reports are at about 14:30h on Tuesday, the 20-year-old woman was in the process of leaving the school’s premises, when she was approached by two perpetrators who robbed her of the two items.However, one of the men, who had the motorcycle in his possession was apprehended by public-spirited citizens and handed over to the police.According to the police, the 33-year-old suspect of Front Road, West Ruimveldt, Georgetown, is co-operating with investigators. He is also being questioned in relation to several similar offences.Meanwhile, the other perpetrator who goes by the alias “Red Man” is currently being sought by law enforcement officials. Investigations are in progress.
Yoav Vilner How OKR’s Completely Transformed Our Culture What it Takes to Build a Highly Secure FinTech … “Marketer to Watch” (Forbes). “Industry leader” (SAP). “Top 100 FinTech Influencer” . Tech blogger with exposure to millions. Advising startups across Europe, NYC, and Tel Aviv. Role of Mobile App Analytics In-App Engagement Tags:#content on mobile#mobile apps Related Posts Follow the Puck It may seem obvious that mobile-driven content is becoming the primary mainstream preference of content consumption, but the pace and implications of such a shift are often overlooked. Despite the absurd amount of time Generation Z spends on their phones or how the youth is redefining content consumption with mobile social media, many content platforms and companies still don’t take a mobile-first approach. “Like it or not, today’s content companies must come to terms with the fact that mobile-first thinking isn’t just the way of the future—it’s essential for any brand that wants to become or remain successful in the present,” details JAKK Media Co-Founder, Kenny Kline. Kline’s perception of a future landscape dominated by mobile consumption reflects what statistics tell us about content consumption trends. Up to 85 percent of Americans use mobile devices to consume content at least sometimes, and that number is amplified with younger generations like Millennials and Generation Z. So you won’t have your audience keep up with your content without mobile tech.Consuming news, social media, and messaging on mobile devices is simply more convenient. Push notifications and personalized news feeds keep people more connected (and distracted) than ever before, and the early stages of integrating more advanced marketing, e-commerce, and specialized content into the mobile ecosystem are rapidly snowballing. The Integration of Social Media, E-Commerce, and Mobile Devices Initiatives like the rumored Instagram Shop are indicative of the dynamic transition of e-commerce into a predominantly mobile medium. The success and influence of social media — which is consumed vastly more on mobile devices — on e-commerce is evident. Roughly 87 percent of e-commerce shoppers believe that social media helps them make shopping decisions, and 40 percent of merchants use social media for sales. With Instagram consisting of more than 1 billion active monthly users, there really is no better or more popular medium to promote content or drive sales. China has already set the standard in the integration of e-commerce and social media. Currently in China, nearly 55 percent of social app users cited purchasing goods directly through a social application. That trend is likely to rapidly gain traction in the U.S. too, where a 55 percent increase in mobile e-commerce sales in 2018 fueled North American e-commerce growth to over $500 billion — a 16 percent increase over the previous year. “It’s not enough to simply provide readers with the information they’re looking for,” cites Kline. “Content brands that want to remain successful as the digital landscape evolves must also provide this information in a consistently engaging and unique way if they want people to keep paying attention to their brand.”How do brands stay relevant in an evolving age of social media and content delivery? Cater to young people. E-Commerce brands are competing with entertainment for the attention of younger mobile users, particularly Generation Z, who is projected to account for 40 percent of the consumer population by 2020. Similarly, 85 percent of Gen Z learns about new products from social media. Combine younger preferences for mobile social media and e-commerce with the meteoric rise of PWAs and it seems inevitable that brands will need to take a mobile-first approach to their content and business strategy if they wish to remain relevant. PWAs, which stands for ‘progressive web apps,’ are hybrid websites and mobile applications that blur the line between a website and mobile apps. They are ideal for e-commerce integration with social media and are rapidly emerging as a darling of marketing initiatives for their faster load times and much more fluid designs.PWAs offload the work to the device itself rather than a web server, and their ability to still send push notifications also leads into one of the cardinal drivers of increasing mobile content consumption — niche and personalized content. Personalized and Niche Content Suites A Mobile Era Push notifications can become overwhelming if you don’t temper the number of applications and news sites you receive them from. That being said, the often subtle influence of push notifications is overlooked — they are completely shifting how content is consumed. Rather than exploring various sources for the information that you want, it is filtered and sent directly to your phone. People are bombarded with tailored content throughout the day from multiple sources. That content comes in all forms too, from short-form videos to editorial pieces of major publications. Leveraging push notifications effectively is also a ripe opportunity for smaller brands and niche content audiences. “Niche audiences are inherently passionate about their interests, so they won’t be intrigued by or loyal to brands that offer only superficial, basic content on the topic,” Kline continues. From the brand and marketing perspective, push notifications are the optimal way to distribute content to users in an effective way. Personalized content open rates can increase by 4X using push notifications, indicating that brands lacking in mobile content delivery will inevitably fall behind mobile-first brands.Personalization of new feeds.Personalization of news feeds, linked data accounts, faster delivery, and more familiar designs all make the mobile experience much more appealing to the everyday user. People want convenience, and audiences seeking niche content prefer it directly delivered to the device that’s in their pocket for the entire day. The flexibility of mobile devices will continue to expedite the transition towards an increasingly mobile-driven content paradigm. Companies that adjust appropriately will be well-suited for the new content archetype while those who let mobile content take a back seat will be left behind.
With the Election Commission announcing July 5 as the date for conducting bypolls to three Rajya Sabha Seats in Odisha, hectic lobbying was under way in the ruling Biju Janata Dal, headed by Chief Minister Naveen Patnaik, sources in the Party said. Among the leaders vying for a Rajya Sabha ticket were: Former Bhubaneswar MP Prasanna Patsani, former Berhampur MLA Ramesh Chandra Chyau Patnaik, former bureaucrat Amar Patnaik and former Balasore MP Rabinda Jena, who lost the just-concluded polls. Senior BJD leader Prafulla Ghadai, who was expelled in 2014 and re-inducted in the run-up to the polls, was also one of the hopefuls, the sources said. Mr. Patsani, the former parliamentarian from Bhubaneswar, said, “I was assured a Rajya Sabha Berth after being denied a ticket to contest the Lok Sabha elections. I have full faith in the Chief Minister. He will make me a candidate for the Rajya Sabha polls.” Echoing similar sentiments, former legislator Chyau Patnaik also said he has been promised a Rajya Sabha Berth by the BJD president. The Seats fell vacant after the sitting BJD MPs resigned from their membership in the wake of their election to the Lok Sabha and the State Assembly. “Altogether, four Upper House Seats in the State have fallen vacant, following the resignation of MPs Achyuta Samanta, Soumya Ranjan Patnaik, P.K. Deb and Anubhav Mohanty, but the EC issued notices for three,” an official at the Assembly secretariat said. There will be no election in fourth Seat, vacated by Mr. Mohanty, as its tenure was about to end in a year, he added. While Mr. Samanta and Mr.Mohanty have been elected to Lok Sabha from Kandhamal and Kendrapara parliamentary seats respectively, Mr. Patnaik and Mr. Deb won the Assembly polls from Khandapada and Aul constituencies. All three vacant Seats are likely to be retained by the BJD, keeping in view the number of Seats the regional party has bagged in the recently held Assembly elections. The Naveen Patnaik-led Party has 111 MLAs in the 147-member House, while the BJP has 23 legislators, the Congress nine and the CPI(M) and an Independent one each. Two Assembly Seats – Patkura and Bijepur – remained vacant where polling will be held later. As one candidate in the Rajya Sabha bypoll would require the support of 38 MLAs to win, the BJD has adequate strength to secure all three Seats, the Party sources added.
Transfers Man Utd & Real Madrid in for Icardi? Wanda Nara confirms interest from ‘important teams’ Chris Burton Last updated 1 year ago 17:12 2/22/18 FacebookTwitterRedditcopy Comments(0) Getty Images Transfers Manchester United Internazionale Real Madrid Serie A Primera División Premier League The Inter striker has emerged as a top target for leading sides across Europe, with his wife and agent admitting that all offers will be considered Inter striker Mauro Icardi is attracting interest from “important teams”, with Manchester United and Real Madrid reportedly among his many suitors.The Argentina international has remained a model of consistency for inconsistent Inter this season, with 18 goals netted in 24 appearances.That contribution, which now has him just four efforts short of 100 for the Nerazzurri, has sparked interest from leading sides across Europe, with the 25-year-old considered to be a shrewd addition for the present and future. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player La Liga giants Real are said to have identified him as a possible ‘Galactico’ recruit, while Jose Mourinho remains in the market for added attacking spark at Old Trafford.Icardi’s wife and agent, Wanda Nara, has now revealed that interest is being stepped up, while also telling Corriere dello Sport that she will not be relinquishing control of her husband’s career to the likes of Mino Raiola.She said: “In the last period, a couple of important teams have revealed that they want Mauro.“I’m taking care of his future, I have to listen to them, evaluate the offers and the situation. Names? No names.“I have been dealing with Mauro’s contracts for over three years and we have already signed two renewals with Inter. He is happy with how I work and has never thought about changing representation.“Mauro is a top player who continues to grow season after season. Many agents see him as a possible client, so they try to approach him. But he is calm and will continue with me: his representation will remain in the family.“I have great respect for Raiola and for many other colleagues who would like to work with Mauro.“(But let me clarify) I am the only one dealing with contracts and the future of Icardi. Everything passes by me. It’s been like this for over three years and it will be like that also in the future.”Icardi’s current contract with Inter is due to run until 2021 and is reported to include a €110 million buyout clause.
To view their stories and slideshows, please click on the following links:Port Macquarie News – http://www.portnews.com.au/multimedia/10009/state-cup-2009.aspxhttp://www.portnews.com.au/news/local/sport/general/hornsby-claims-touch-honours/1697252.aspxhttp://www.portnews.com.au/news/local/sport/general/port-macquarie-state-cup-results/1697253.aspxhttp://www.portnews.com.au/news/local/sport/general/champion-effort/1699348.aspxNBN News – http://www.nbntv.com.au/index.php/2009/12/06/ports-success-on-touch-footy-field/For more information and results of the State Cup, please visit the NSW Touch website:www.nswtouch.com.au
About the authorPaul VegasShare the loveHave your say Tottenham boss Pochettino: We’ve toughened up since Man Utdby Paul Vegas10 months agoSend to a friendShare the loveTottenham manager Mauricio Pochettino feels his players have become mentally stronger over the first-half of the season.Pochettino believes the temperament of his squad has improved following a dressing down at Old Trafford.He was agitated by players talking about winning the Premier League title after beating Manchester United 3-0 in August.”After our victory at Old Trafford, I was so disappointed with some of the comments, the way we assimilated the victory,” said Pochettino ahead of the Boxing Day clash with Bournemouth.”After that we improved a lot and learned. In football you always have to be respectful and talk on the pitch. We’re in a very good position — last 16 of the Champions League, semi-final of the Carabao Cup and third in the Premier League table.”I remember when we arrived it always was about how? How do we reduce the gap to the top? How can we be competitive in big games? How can we be consistent? How? How? How? After four-and-a-half years I think we’re in a very good position. But now the last step is the most difficult step. It looks so close but sometimes it’s not so close. That is why it’s tough to keep going.”In our first press conference after the World Cup I told you this is going to be one of the most difficult seasons for us. When many things were negative, when all the circumstances were not the best to start with… But we fought a lot and we took a massive challenge, fighting all together, and we’re doing a fantastic job.”
TagsTransfersAbout the authorPaul VegasShare the loveHave your say Watford defender Cathcart: Players to blame for Gracia axeby Paul Vegasa month agoSend to a friendShare the loveWatford defender Craig Cathcart says the players are to blame for Javi Gracia’s sacking.Cathcart was visiting his parents when he found out the news about Gracia’s sacking – and subsequent replacement by Quique Sanchez Flores – and said he and his team-mates could have done more to keep him at Vicarage Road.”I think as players if a manager gets sacked you do feel a sense of responsibility of not doing your job properly,” said Cathcart.”I think a few of us have to look at ourselves for that, the results weren’t going the way anybody wanted them to, as a whole group of players and staff and obviously the club have made a decision to let the manager go and bring in Quique.”We have to take responsibility, but we have to look forward now and do what the new manager wants to do and look forward to the rest of the season.”
About the authorAnsser SadiqShare the loveHave your say Mirallas blasts ex-Everton boss Allardyce: He doesn’t know football!by Ansser Sadiq8 days agoSend to a friendShare the loveFormer Everton winger Kevin Mirallas does not have too many good memories of Sam Allardyce.The veteran manager was in charge of Everton for a short period a few seasons ago, where he stabilised the club for a top half finish.But many fans were unhappy at Allardyce’s negative tactics, and Mirallas does not recall the period too fondly.”[Former Everton bosses Roberto] Martinez and [Ronald] Koeman wanted to play football but after, there was Allardyce,” Mirallas told The Athletic.”I don’t know if he even knew football because he only spent five minutes on the pitch in training. “Nobody knows this, but it’s true. “That’s difficult. You have to pick players at the weekend but you don’t watch training.”I only stayed for one month while he was there but I spoke to some players and they told me it was very difficult. “It’s true he won a lot of games, but they didn’t enjoy it.”