Category: factgmxc

September 29, 2020 | |Post a Comment

first_imgFurther readingHow We Run Our Money: HSBC UK Pension Scheme Mark Thompson spoke to IPE in 2017 about his creative DB de-risking strategy and the search for innovation in DC Mark Thompson, CIO of HSBC’s UK pension scheme, is to leave his role to become permanent chief investment officer for the London CIV in September.Thompson will take over from Mike Pratten, who joined the £36bn (€40.4bn) local authority pension asset pool at the start of May on an interim basis from insurance company Canopius.In more than eight years at HSBC, Thompson has overseen the defined benefit section’s growth from €15.9bn when he joined in 2011 to €30.3bn according to the bank’s latest annual report.In addition, he has developed the bank’s innovative approach to defined contribution (DC), introducing a ‘three-headed’ investment strategy to give members the option of an annuity, cash lump sum or drawdown at retirement. He also worked with Legal & General Investment Management in 2016 to develop a DC default investment fund with a climate change ‘tilt’ and a positive environmental, social and governance policy. The DC section has assets totalling £4bn, according to a statement from the London CIV.In a statement, the London CIV said Thompson would join on 2 September, with Pratten continuing as temporary head of the investment team until then.Thompson said: “I am delighted to be joining the team at London CIV. ‎I look forward to contributing to the further development of LCIV, and to helping the organisation meet the expectations and requirements of its shareholders.” Lord Bob Kerslake, chair of the London CIV, added: “Mark comes with enormous experience and a strong track record of achievements. This will be of enormous benefit to the London CIV as we move forward.” Pratten was London CIV’s first investment chief since Julian Pendock left the company in January 2018. In February this year the CIV appointed Mike O’Donnell as its permanent CEO, succeeding Mark Hyde-Harrison. Hyde-Harrison held the role on an interim basis and oversaw major changes to the CIV’s governance structure.last_img read more

September 28, 2020 | |Post a Comment

first_imgThe pool and outdoor entertainment area are among the home’s standout features. The couple loved the neighbourhood and its proximity to the beach as well as cafes and restaurants but were moving onto another project.“We will return to the Isle of Capri though, we love this street so much,” Mr Peresa said.Belle Mason Realty agent Nick Jamieson is marketing the property with a $2.495 million price tag. It has a fresh palette with high ceilings and lots of natural light.The Peresas, who have listed the Naples Ave property on the market, bought it in 2016 with the intention of knocking down the existing house and building another.They used light colours and lots of natural materials, including stone, wood and glass, to create the two-storey house that stands today.More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoSoaring ceilings and wide windows let plenty of light in while a fireplace in the living area gives it a homely vibe. MORE NEWS: Landscape architects show flair The owners used lots of natural materials in its design, including stone, glass and wood. The property at 22 Naples Ave, Isle Of Capri, is not your typical luxury home.THE Glitter Strip’s flashy mega-mansions inspired the design of Daniela and Roberto Peresa’s Isle of Capri house – but not in the way you’d think.They served as an example of what not to do for the couple, who wanted a home that had a much cosier vibe.“The Gold Coast is very contemporary at the moment and it can be a little bit cold,” Mr Peresa said.“We have a business and a pretty busy lifestyle so we wanted a home that when we walked in was light and relaxing.” The owners wanted a place they could come home and relax in.The pool and outdoor entertainment area, theatre room and a feature wine display are among its standout features.“It really epitomises the Isle of Capri,” Mr Peresa said.Mrs Peresa said she had many favourite features of the house, with certain aspects highlighted at different times of the day.“During the day, it’s probably sitting in the lounge room and sitting outside,” she said.“At night time, just before we go to bed we sit on the balcony and have a drink – the skyline is amazing.” It is listed on the market for more than $2 million. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 MORE NEWS: Buyer wastes no time snapping up luxury homelast_img read more

September 28, 2020 | |Post a Comment

first_imgCanadian ferry operator BC Ferries informed that Salish Eagle, the second of the company’s three new vessels, will officially commence service on the Tsawwassen – Southern Gulf Islands route on June 21.Salish Eagle is the second of three new Salish Class vessels that are dual-fuel and capable of operating on either natural gas or ultra-low sulfur marine diesel.The ferry arrived in British Columbia in March this year, after traveling 10,440 nautical miles from Gdansk-based Remontowa Shipbuilding.According to BC Ferries, its use of natural gas for these vessels will result in the reduction of an estimated 9,000 metric tons of carbon dioxide equivalent per year, the same as taking approximately 1,900 passenger vehicles off the road annually.“After the successful introduction of Salish Orca in mid-May, we are very excited to introduce our second new ship, Salish Eagle, into service,” Mark Collins, BC Ferries’ President and CEO, commented.The vessel, which can accommodate some 145 vehicles and up to 600 passengers and crew, is equipped with two marine evacuation systems with life rafts, smoke and natural gas detection alarms, and fire suppression systems.Salish Eagle measures 107 meters in length overall and has a service speed of 15.5 knots.Last month, BC Ferries welcomed Salish Orca, the first of three vessels, into service.In early June, Salish Raven, the third ferry, arrived in British Columbia. The ship proceeded to BC Ferries’ refit facility in Richmond to prepare for operational service in the Southern Gulf Islands in the fall.last_img read more

September 28, 2020 | |Post a Comment

first_imgEni CEO Claudio Descalzi; Source: Eni/Flickr – under the CC BY-NC 2.0 licenseJapan’s MODEC has received a Letter of Intent (LOI) for supply, charter, and operations of a floating production storage and offloading (FPSO) vessel from Eni in Mexico.The LOI was received on October 3, 2018. The firm time charter period is 15 years with five one-year extension options. A purchase option is included.MODEC said on Thursday that the FPSO will be deployed in the Offshore Area 1, about ten kilometers off the coast of Mexico at a water depth approximately 32 meters. The field operatorship is 100% owned by Eni Mexico. The Area 1 project is currently in the pre-development phase.Namely, Eni’s development plan for the discoveries of Amoca, Miztón and Tecoalli within the Offshore Area 1 located in the shallow waters of the Campeche Bay was approved by Mexico’s National Hydrocarbon Commission at the beginning of August. This was achieved only 32 months after the company signed the Area 1 Production Sharing Contract (PSC), won in an international bid round, and 17 months after the drilling of the first well.Offshore Area 1; Source: EniMODEC is responsible for the engineering, procurement, construction, mobilization, installation and operation of the FPSO, including topsides processing equipment as well as hull and marine systems. SOFEC, a MODEC group company, will design and supply the disconnectable tower yoke mooring system of the FPSO.The FPSO will be capable of processing 90,000 barrels of crude oil per day, 75 million cubic feet of gas per day, 120,000 barrels of water injection per day and have a storage capacity of 900,000 barrels of crude oil. MODEC said that the first oil production by the FPSO is planned for 2021.“We are extremely honored and proud to have been selected to provide and operate the FPSO for Eni Mexico,” commented Toshiro Miyazaki, President and CEO of MODEC.Phased developmentAccording to Eni, Area 1 is estimated to hold 2.1 billion of oil equivalent in place (90% oil) in world-class reservoirs. The development will be phased, initially with an early production phase with startup planned in 1H 2019, through a well head platform located on the Miztón field. Production will be sent onshore through a 10” multiphase line and then treated at an existing Pemex facility. Early production plateau will be 8,000 barrels of oil per day (bopd).Full field production will start in late 2020 using the FPSO MODEC will supply and two additional platforms, which will be installed on the Amoca field and on the Tecoalli field.Area 1 production plateau will be 90,000 bopd from 2021. Total development capex are estimated at 1.9 billion dollars. Eni expects to take the Final Investment Decision (FID) in 4Q 2018.last_img read more

September 26, 2020 | |Post a Comment

first_img Share Share Share Sarah Lynn Augustine In an exclusive interview with Police Public Relations Officer, Inspector Claude Weekes Dominica Vibes News learnt that the Preliminary Inquiry into the death of five year old Rachel Vigilante and two month old Sophie Vigilante is progressing smoothly.On 16th September, 2010 the Police arrested and charged Sarah Lynn Augustine for allegedly stabbing her daughters to death.Ms. Augustine was granted bail last year December in the sum of $300, 000.00 with two sureties in the same amount with several strict conditions. She is to report to the Police Headquarters three times a week between the hours of 7:00am and 7:00pm, not interfere with Prosecution witnesses, she must not post, publish or blog on Facebook, Youtube, the internet and worldwide web anything related to the trial and she is to remain home except in instances of emergency or to report to the Police Headquarters.Inspectors Weekes cautioned sureties to be careful when doing so because theyare responsible for ensuring that the person attends court and reports to the Police Headquarters as stipulated.Click here for audio: Sureties play an essential role and should keep themselves abreast with the accused/defendant so that they can always account for them.Dominica Vibes News LocalNews Sarah Lynn Augustine’s case progressing smoothly. by: – May 3, 2011center_img Tweet 18 Views   no discussions Sharing is caring!last_img read more

September 24, 2020 | |Post a Comment

first_imgBrookville, In. — Members of the Franklin County law enforcement team recently spent a day familiarizing themselves with legislative changes that take place on Sunday, July 1.Members of the Franklin County Sheriff’s Department, Brookville Police Department, Batesville Police Department, Oldenburg Police Department Mt. Carmel Police Department and Indiana State Police participated.last_img

September 23, 2020 | |Post a Comment

first_imgJohn Douglas “Jack” Postel, age 76, of Brookville, Indiana died Sunday, March 22, 2020 at his residence in Brookville, following a brave battle with cancer.Born August 18, 1943 in Cincinnati, Ohio he was the only child of the late Robert & Helen (Bailey) Postel.  He was a United States Army Veteran of the Vietnam era.On November 21, 1970 he was united in marriage to the former Janet Combs, and she survives.Jack was retired from Cincinnati Gas & Electric / Duke Energy where he has worked for 30 years.  He was a member of the Brookville Church of Christ.  In his leisure time he cherished time spent with his granddaughters, being outdoors taking care of his property, and archery.Survivors include his wife of over 49 years, Janet Postel of Brookville; a daughter & son-in-law, Tammy (Wayne) Reinhardt of Brookville; two granddaughters, Autumn Lynn Postel and Raven Bailey Reinhardt,In addition to his parents he was preceded in death by a son, Sean Douglas Postel who died in 2014.Due to the current pandemic, there will be no public services.  Burial will take place in Maple Grove Cemetery in Brookville.  The staff of Phillips & Meyers Funeral Home are honored to serve the Postel family, in light of not being able to personally attend, everyone is encouraged to sign the online guest book or send personal condolences to the family via www.phillipsandmeyers.com .last_img read more

September 22, 2020 | |Post a Comment

first_imgRelatedPosts Runarsson joins Arsenal on four-year deal EPL: Everton set to compound West Brom woes Martinez completes £20m Aston Villa move Tosin Adarabioyo is set to play a huge part for Rovers in the final nine games of the season as the defender aims for a second successive season of finishing in the play-offs.The 22-year-old was part of the West Bromwich Albion side that ended last term in the top six, before the Baggies lost out to eventual winners Aston Villa following the two-legged semi-final. Whilst Adarabioyo would like to go two steps further a year on, to do so he’ll need to play his part in ensuring that plenty of points are picked up in the last nine games.There are 27 points available to play for, with the first potential three-point haul available this weekend against Bristol City at Ewood Park.The squad have already warmed up ahead of a return to home turf, with Adarabioyo joining up with the rest of the group in a behind closed doors inter squad friendly on Monday afternoon.“It was brilliant to be back at Ewood again, having a game between ourselves, it was great to be back on the grass,” the powerful defender told iFollow Rovers.“Playing in our home stadium without any fans, it’s something we’ll have to get used to. “It’s going to be different, but with nine games to go we’ve just got to get our head around it and get on with it.“We all played in empty grounds when we were kids, so it’s not something that we have never done before.“They are massive games for us, every game is important for us to get into those play-off spots.“There’s only a few days until our game against Bristol City, we’re all really looking forward to it.”“There were points where you did think that the season would get cancelled. “But we’re all here now, we’re all ready and we’re all looking forward to the games.“We wanted to finish the season but we wanted to do it safely. We feel that’s been done now so it’s time to look forward at what’s ahead of us.”Tags: Aston VillaBlackburn RoversTosin AdarabioyoWest Bromwich Albionlast_img read more

September 21, 2020 | |Post a Comment

first_img Press Association McQuaid is seeking re-election for a third term as UCI president this year, despite his leadership coming under scrutiny, particularly in the wake of the Lance Armstrong scandal. Following a secret ballot of 28 international federations in St Petersburg, the Irishman was successful in his bid to serve a second four-year term on the ASOIF Council. Embattled International Cycling Union president Pat McQuaid has been re-elected to serve on the Association of Summer Olympic International Federations Council, cycling’s world governing body has announced.center_img “Thank you for placing your trust in me,” International Olympic Committee member McQuaid said in a UCI statement. “It is very important for cycling to be represented on these two bodies. “One of the pioneering sports at the Olympic Games, cycling now has four disciplines on the Olympic programme and as president of the UCI I wish to continue our contribution to the Olympic movement, its values and all that it stands for.” Sergey Bubka (International Association of Athletics Federations) and International Boxing Association president Wu Ching-kuo took the two other available places. last_img read more

September 20, 2020 | |Post a Comment

first_imgOn Monday, eight people were rescued in two separate incidents off the coast of Key West.In the first incident, a 20-foot (6-meter) cabin cruiser capsized near Key Colony Beach.A Coast Guard crew rescued four people from the water with no injuries reported.In the second incident, a 17-foot (5-meter) pleasure craft began to sink about 9 miles off of Marathon.Coast Guard crew rescued four people from that boat.Coast Guard officials say in both cases the boaters had the right safety equipment to call for help.last_img read more