5:31 Take a look at all of Raymond van Barneveld’s nine-darters captured by the Sky Sports cameras! – Advertisement –
“In a universe that financial and non-financial analysts generally cover less well than developed markets, ERAFP deemed it appropriate to encourage portfolio management processes based on an in-depth analysis of issuers’ fundamentals in order to capitalise on market inefficiencies,” it said in a statement.The SRI approach would involve integrating environmental, social and corporate governance (ESG) criteria into the fundamental analysis, the pension fund said, relying on continuous dialogue with portfolio companies to generate ratings of all issuers in accordance with the pension scheme’s ESG criteria. A mechanism for identifying, evaluating and monitoring controversial practices would be formally established.The pension fund has instructed managers to run a portfolio of non-benchmarked conviction holdings, and said it would not be setting a specific tracking error limit.As at the end of December, ERAFP had 56% of its portfolio in bonds, 30% in equities, and 9% in real estate. The rest was in unlisted assets, and liquidity and diversification pockets. Regulatory constrains mean it has to invest at least 50% in bonds, and no more than 12.5% in real estate and 40% in diversifying assets.ERAFP received the award for best emerging markets strategy at IPE’s 2018 Awards in Dublin in December. France’s civil service pension scheme has awarded a €160m emerging market corporate bond mandate to Aberdeen Asset Management as it seeks to increase its exposure to the asset class through segregated mandates.ERAFP also awarded standby mandates to Amundi and BFT Investment Managers, completing a procurement process that was launched in April last year. If BFT’s mandate were to be activated, the financial management would be delegated to Investec Asset Management, a spokeswoman said.The €29.5bn pension fund has invested in emerging market corporate bonds since 2016 through mutual funds.It said increasing its exposure to the asset class through segregated mandates would allow specific investment guidelines to be applied, in particular with respect to its socially responsible investment (SRI) approach. Credit: Patrick FrostERAFP CIO Catherine Vialonga collects the emerging markets strategy award from Janus Henderson’s Nick Adams
It might make you feel a little better about last night, or it might make the loss in the National Championship game even worse.Either way, earlier Tuesday, NCAA head of officials John Adams went on Sirius XM College Sports Nation and felt obligated to bring up the call on this controversial play late in the second half.The rest of the angles of the play were pretty inconclusive, but this slow-mo, up-close view of the ball tipping off Justise Winslow’s outstretched finger was the one that could have overturned the official’s initial decision. Except, they never saw it.“We have been told time and time again, ‘Nobody at home will see anything you didn’t see,’ and I will tell you that is not what happened last night,” Adams said in the interview with Tim Brando.The worst part about it is that Adams saw the angle after the referees had made their decision, but didn’t know if it was in his prerogative to stop the game to have the officials look at this other angle.He knew it was a big call, had the intuition that it could affect the game, but did nothing. Oops.I guess we’ll never know if it would’ve affected the outcome.Here’s the audio from the interview.
Newsroom GuidelinesNews TipsContact UsReport an Error On Tuesday, NBA Commissioner Adam Silver banned Sterling for life, fined him $2.5 million and urged league owners to force him to sell the team. A three-quarters vote by the NBA owners is required to force him to sell.Though Stiviano told Walters that Sterling should “absolutely” apologize, she said she still loves him like a father figure and does not believe he is a racist.“I think Mr. Sterling is from a different generation than I am,” she said. “I think he was brought up to believe these things … segregation, whites and blacks. But through his actions he’s shown that he’s not a racist. He’s shown to be a very generous and kind man.”Stiviano said that since the ban, Sterling has felt confused, alone and not supported by those around him.“I think he’s highly more traumatized and hurt by the things that he said himself,” she said. “I think he can’t even believe or understand sometimes the thing he says, and I think he’s hurt by it. He’s hurting right now.” A real-estate mogul, Sterling has been accused of racial missteps before.The billionaire had paid a $2.76 million settlement to resolve a federal lawsuit accusing him of systematically excluding blacks and Hispanics from his rental properties. He also won a wrongful termination lawsuit by general manager Elgin Baylor, who accused him of various slurs and slights. V. Stiviano says Donald Sterling’s racist comments on an audio recording leaked to the public were not the first by the Los Angeles Clippers owner in conversations with her.“There’s been a number of occasions where Mr. Sterling and I had conversations just like this one. This was one of very many,” Stiviano told Barbara Walters on ABC’s “20/20” in an interview that aired Friday night. “Part of what the world heard was only 15 minutes. There’s a number of other hours that the world doesn’t know.”Sterling told Stiviano in the recording that she should not post online photos of herself with black people, including basketball great Magic Johnson, or bring black people to Clippers’ games. The recording, which an attorney for Stiviano said was leaked by a third party, led to public outcry across the country and the NBA. Some sponsors dropped the Clippers and others re-evaluated their relationship with the NBA.