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People moves: UK trade body names DB policy chief

first_imgPLSA, NN Group, IASB, Legg Mason, JP Morgan Asset Management, Union Investment, Natixis, UBS, Deutsche Asset Management, First State, RobecoSAM, Hermes Investment Management, Fidante, Barnett Waddingham, FundRockPensions and Lifetime Savings Association (PLSA) – The UK occupational pensions trade body has appointed Caroline Escott as defined benefit and investment policy lead. She will lead the PLSA’s investment related public policy, research and publication work. Before joining the PLSA Escott worked as a senior policy adviser for the Personal Investment Management & Financial Advice Association (formerly APFA). She has also worked at Hume Brophy, the UK Sustainable Investment & Finance Association, and as a parliamentary researcher.NN Group – Satish Bapat has been appointed chairman of the new executive board of NN Group for NN Investment Partners and Delta Lloyd Asset Management, part of the recently acquired insurer and asset manager Delta Lloyd. Bapat has been chief executive of NN Investment Partners since 1 April, taking over from Stan Beckers, who has retired. The board now comprises Valentijn van Nieuwenhuijzen (CIO), Hester Borrie (CCO) and Martijn Canisius (CFRO). The latter has joined from Delta Lloyd. The other board members originate from NN IP. The board still has a vacancy for chief human relations officer.International Accounting Standards Board (IASB) – Nick Anderson and Ann Tarca have been appointed members, taking the board to its full capacity of 14. Anderson joins from Janus Henderson Investors in the UK, where he served as global equity portfolio manager and head of equity research in the group’s socially responsible investment team. He will join the IASB at the end of August. Tarca joins from the University of Western Australia’s Business School, where she has been an accounting teacher and researcher since 1996 and a professor since 2011. Legg Mason – Victoria Rock has been appointed head of alternatives product to head up a newly established global alternatives team from the company’s London office. She previously acted as consultant to the Baltimore-based asset manager’s international product team. She has also been global head of the hedge fund platform at Citigroup Global Private Bank. Chris Larsen has also been appointed to the global alternatives team.JP Morgan Asset Management – The asset manager has created a new global special situations group as part of its alternatives business. Brad Demong and Leander Christofides, who left JP Morgan’s corporate and investment bank last year, have been appointed co-chief investment officers to run the new group. Anton Pil, managing partner of JP Morgan Global Alternatives, said the move “represents an immediate, significant expansion” of the firm’s existing private credit offering in its alternatives business.Union Investment – Christian Kopf will take over from Frank Engels as head of fixed income fund management in September. Kopf was most recently a partner at Spinnaker Capital in London, an investment management company specialising in investments in emerging markets. He held joint responsibility for the macro segment, which covers investments in government bonds, interest-rate products and foreign exchange, and was fund manager of the Spinnaker Emerging Markets Macro fund. He was also head of the global investment committee. Engels became head of multi asset portfolio management at the start of this year.Natixis Global Asset Management – Oliver Bilal has been hired as head of international sales and marketing, overseeing all related distribution and institutional activities across Europe, Asia, Latin American and the Middle East. Bilal was previously head of EMEA at UBS Asset Management. Natixis has also made several internal appointments, such as giving Beverly Bearden, executive vice president of human resources, the additional role of deputy chief executive.Deutsche Asset Management – Arjen Jonk has been named as head of passive investments for Benelux at Deutsche Asset Management. He will be tasked with relationship management for important Dutch clients and will be also responsible for passive products in the Benelux. Jonk joined  Deutsche AM in 2012 as a sales manager at its Benelux team. The asset manager is looking to appoint additional passive investment specialists, who are to report to Jonk.First State Investments – Todd Warren will succeed Joanne Warner as head of global resources, effective 1 July. Warner will retire from fund management in August after 20 years as portfolio manager within the global resources team. Warren has been at First State for over 15 years, and is being promoted from global resources portfolio manager. Tai Lomnitzer will become deputy head of global resources.RobecoSAM – The investment specialist focused on sustainability investing has made four client relations appointments. Stéphane Matile was appointed head of wholesale clients/country head for Switzerland and Rüdiger Zeppenfeld was named head of institutional clients. Johannes Weisser and Susanne Linhardt were appointed senior client portfolio manager and client portfolio manager. All four started on 1 May.Hermes Investment Management – The asset manager wholly owned by the BT Pension Scheme has made four appointments to its sales and client relationship teams. Antoinette Eltz joins from Twelve Capital and will be responsible for strengthening support for Hermes’ European clients. Thomas Shuttlewood joins as a client service manager from Fidelity Worldwide Investment. Dan Churchouse and Siman Thind have been appointed associate directors within the UK wholesale and UK institutional teams respectively. Churchouse joins from Kames Capital, while Thind moved to Hermes earlier this year from Morgan Stanley.Fidante Partners Europe – The multi-boutique investment firm has hired James Munce as chief operating officer. He will start his role on 24 July. His most recent role was as a director and chief operating officer of the Fund Solutions Group at Bank of America Merrill Lynch.Barnett Waddingham – Jane Ralph has been appointed corporate actuary, with responsibility for leading the firm’s expansion of its corporate client base in the Midlands. She spent the last 25 years at Mercer in a variety of roles. Most recently her role was to identify and then manage or transfer pension risk for a range of UK and multinational corporate clients.FundRock Management Company – The Luxembourg-based fund services company has appointed Enda Fahy as head of its illiquid alternatives function. The intention is that he will build out the company’s real estate, private equity and private debt offering. He relocates to Luxembourg from London, where he was head of the Cosgrave Group family office.last_img read more

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Study reveals bad news for toking teens

first_imgNZ Herald 18 June 2016Family First Comment: The news is not so good when it comes to mental health. The research showed that teens who started smoking marijuana before 18 and who were diagnosed as being addicted to cannabis by 38 experienced a significant drop in IQ in early adulthood. The IQ drop was not seen for users who began smoking after age 18, implying that cannabis consumption can have a permanent negative effect on teenagers’ developing brains.Cannabis is one of the most widely available illicit drugs in New Zealand – but what impact is it having on our wellbeing?Research from the 2015 New Zealand Health Survey shows that 11 per cent of people aged over 15 have used cannabis in the past 12 months, with one third of this group using it at least weekly. The survey shows it is most widely used by people aged 15 to 24, with 23 per cent of this group having used it in the past year – but when it comes to regularity of use, the over-55s are the most prolific users.Although difficult to overdose, cannabis can be physically and psychologically addictive. It can affect road safety – one third of New Zealand cannabis users have admitted to driving under the influence of cannabis, and in the US state of Washington the AAA reports fatal car accidents involving drivers who recently used marijuana has more than doubled since legalisation.The debate around legalisation is a constant feature in our media, and research around the effects of long-term cannabis consumption in New Zealand is an important consideration. This week, data published in the journal JAMA Psychiatry added to a previous PNAS article to give us a better understanding of how cannabis may be affecting our nation.The study looked at 1037 individuals born in Dunedin in 1972-73 and has followed them to age 38 through the famous Dunedin Multidisciplinary Health and Development Study. Controlling for tobacco use, childhood health and childhood socioeconomic status, they tested whether cannabis use from ages 18 to 38 was associated with mental or physical health at age 38, after assessing the frequency of cannabis use and their health at 18, 21, 26, 32, and 38.This remarkable study relies on confidentiality, allowing participants to be honest about their use of illegal drugs without fear of reporting to the authorities. It is therefore probably the most accurate long-term cannabis study in the world.When it came to physical health, the results were surprising, with marijuana consumption having no negative impact on a dozen health factors including lung function, systemic inflammation, BMI, or metabolic health. The only significant adverse impact was on periodontal health with cannabis use being associated with tooth loss. This is very different to results from the tobacco smokers in the same cohort who showed worse lung function, systemic inflammation, and worse metabolic health at age 38. The theory is a heavy smoker can smoke over 20 cigarettes a day, but heavy cannabis users will still only smoke 2-3 joints a day, meaning their overall smoke exposure is much lower.The news is not so good when it comes to mental health. The research showed that teens who started smoking marijuana before 18 and who were diagnosed as being addicted to cannabis by 38 experienced a significant drop in IQ in early adulthood. The IQ drop was not seen for users who began smoking after age 18, implying that cannabis consumption can have a permanent negative effect on teenagers’ developing brains.READ MORE: http://www.nzherald.co.nz/science/news/article.cfm?c_id=82&objectid=11658536last_img read more

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Local institution launches alternative program to USE

first_img Sharing is caring! Share LocalNews Local institution launches alternative program to USE by: – June 14, 2012 Share Tweetcenter_img 17 Views   no discussions Share A local education and training centre has launched a program that will provide all children with an alternative program aimed at enhancing their numeracy and literacy skills. It is a transition program that seeks to meet the challenges of the Universal Secondary Education. Achievement Learning Center which was established in 2009 launched an Education Opportunity Program (EOP) in September 2011. The Education Opportunity Program (EOP), a Life Skills Based Education Program targets students who are at risk within the primary and secondary schools. The program will assist young people to develop self-efficacy; a belief in their own capacity to succeed, by providing opportunities to learn and practice these skills in real-life settings.Students will be exposed to learning experience that will help develop the competencies and prerequisite skills necessary to experience academic success and identify strategies to support responsible behaviour change. The program will:• provide intensive work in literacy and numeracy• Provide all children with an education program geared to meet their individual needs, and tap into their and potential• Develop learning experiences so that students can improve their lives and transform society.• Provide strategies to cope with problems that arise in groups• Identify critical skills for youth development• Appreciate the importance of life skills to a healthy and productive life.For more information about the program please contact the Centre at 4406992, 614 6117, 6132102 or visit them at #3 Elliot Avenue Pottersville.Press Releaselast_img read more

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Malteenoes All Stars beaten by QPCC in semi-final of Unicom T20 tournament

first_imgTHE Malteenoes All Stars ended their run in the University of the West Indies (UWI) Unicom T20 cricket tournament after falling to the Queen’s Park Cricket Club by 55 runs on Friday evening, in semi-final one at the Sir Frank Worrell Cricket ground at UWI-SPEC in Trinidad.The Guyanese team won the toss and opted to bowl first, but the home team was up to the task.Several of their batsmen had starts, which propelled them to 160-7 in their allotted overs.Tion Webster and Nicholas Alexis led the attack with 37 (from 26 balls) and 35 (from 21 balls) respectively, while Justin Guillen finished with 25 runs from 19 balls.Left arm spinner Anthony Adams was the pick of the visiting bowlers. He grabbed 3-34, while Quintin Sampson took 2-31 from three overs.In the chase, Trevon Griffith scored 23 runs from 12 balls, while Raj Nannan finished with 17 runs from 20 balls, but overall, the Guyanese batsmen had little answer for Christopher Vincent and Jon Russ Jaggessar, who combined for seven wickets, which helped to restrict Malteenoes All Stars to 105 in 17.1 overs.Man-of-the-match Vincent took 4-25 from four overs, while Jaggessar took 3-21.  Support came from Dexter Sween who finished with 2-36 from four overs.last_img read more

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Sunday feature: From Reichenberger to Oxford, high school season ends with a bang

first_img17-02.25 400M 16-03.75 4×400 meter relay   3 Trey Bender               11 ABILENE                  15.21   0.6   6        Jennifer Grado-Leon Triple Jump 4×800 meter relay 141-03 11th 400M   1 Jacoby Greenwood          11 OSAWATOMIE               38.85   10             BOYS: 2:05.74 5th 15th Triple Jump 12:15.92 9th 9th 11:02.81 9th   4 Sean Dennis               12 LOUISBURG                15.41   0.6   5        Event 15th   6 Hank Eck                  12 ANDALE                   41.51    3             14th 34-5.75 Did not make finals. Belle Plaine – 3A (Garden Plain reg.) 110M hurdles 110M hurdles finals 10-00 Colin Reichenberger 200M 8th 10th 8th 3rd 4:38.35 Wellington – Class 4A (Holcomb Regional) 10:03.62 Tanner Balsters Pole vault   5 Christopher Willette      12 WAMEGO                   41.39    4             39.29 Did not run   8 Chase Holub               12 PAOLA                    42.37    1        High jump Tyler Balsters 200M 13th 7th23.69 Triple jump 800M 7th Discus 13th 154-10 6th Caldwell  – 1A (Burlington reg.) 123-10 3200M Mason Misak Faith Gaddie Did not make finals 100M Oxford – 2A (South Barber reg.) 46.82   3 Bradley Hemann            12 HUGOTON                  40.51    6             3rd South Haven – 1A (Burlington reg.) 14.75 35-04.00 Colten Ward 6th   8 Devin McIntosh            12 KC-PIPER                 15.86   0.6   1 Brenton Troutman 3:36.34 Jessica Heidel Timothy Shaffer 16th 8-00 Wellington – 4A (Holcomb reg.) Caldwell – 1A (Burlington reg.) Sara Eckelberry 6th in prelims. 300 hurdles   4 Brendon Horyna            11 TOWANDA-CIRCLE           40.66    5             Shot put Did not run Long jump 4x800M Relay Alex Nicholson Long jump Did not make finals 4×800 meter relay 2nd 52.45 10th None 12th Discus Jaycee Schettler 100M •••••Oxford’s fourth place finishOxford Kyle Green speaks to his players during semifinal game against Medicine Lodge.There was no doubt, the surprise of the spring was the Oxford boys baseball team, which finished fourth in the Class 2-1A state tournament in Great Bend Friday evening.After that wild and crazy Thursday first-round state tournament game, the Wildcats lost to Medicine Lodge 16-6 on Saturday afternoon and 14-1 in the third place game to Salina’s Sacred Heart. It was a strange scenario where the third place game was played after the state championship game because tournament officials worried about rain and wanted to crown a champion as soon as possible.For the first four innings of the state semifinal game, Oxford was most certainly holding its own against the Indians.After a scoreless first two innings, Medicine Lodge scored three runs in the top of the third. But in the bottom half of the inning, Oxford made its move.The Wildcats loaded the bases and two came home on a Neil Terry 2RBI single. Dakota Mitchell then would hit in two more runners giving Oxford a 4-3 lead going into the fourth inning.From that point forward, the Wildcats let the game get away from them. Medicine Lodge would score eight runs to take a 11-4 lead. While Oxford scored two runs to narrow the lead to 11-6, the Indians would score five runs in the top of the sixth to end the game in a run-rule.Oxford used four pitchers in the game.With the third place loss Oxford finished the season at 12-12. Pittsburg-St. Mary’s Colgan would go on to beat Medicine Lodge in three innings 15-0 to win the state championship game.Follow us on Twitter.   1 Jacoby Greenwood          11 OSAWATOMIE               14.62   0.6  10        Jennifer Grado-Leon 400M 4×100  meter relay 4th in prelims. Logan Creek   6 Kamaron Wilson            10 COFF-FLD KINDLEY         15.78   0.6   3        Taylor McGlothlin 7th 7th 1:01.53 5:32.19 3rd 33-11.75 8:45.92 Nelson, Tredway, Schettler, McGlothlin 26.27 Pole vault Argonia – 1A (Garden City reg.) Conway Springs – 3A (Garden Plain reg.) did not make finals by .2 sec. Alicia Carter 2nd Javelin Devyn Smith Belle Plaine – 3A (Garden Plain Reg.)   2 Colin Reichenberger       12 WELLINGTON               14.75   0.6   8        Timothy Shaffer 300M hurdles Zach Pounds Kaleb Hunt None 300M hurdles finals GIRLS: 6th Jessica Heidel 8th 800M 8th Conway Springs – 3A (Garden Plain) 4x400M relay 4:13.62 2:05.74 by Tracy McCue, Sumner Newscow — The 2014-15 high school season came to an end this weekend with the Kansas State Track and Field Championships were held in Wichita, and various state baseball and softball tournaments.Sumner County brought 37 entries to the Kansas State Track and Field Championships, but failed to bring home any individual state champions. Down the road, the young Oxford boys baseball team finished fourth place in the Class 2-1A State Tournament in Great Bend. The following is what we saw this weekend…(See photo gallery of State Track meet and Oxford state trip here).Kansas state track –It’s hard to argue whether it be football or track that Wellington High School Colin Reichenberger had one of the most accolade filled athletic career in recent Crusader history.Saturday, his high school career came to a close by securing two second place finishes in the 110 meter and 300 meter hurdles in Class 4A. Jacoby Greenwood of Osawatomie, a junior, crashed the party, eking past Reichenberger in both races.  Throughout the spring, Greenwood and Reichenberger had exchanged the state’s best times in 4A on various websites while never actually performing against the other. And going into the state track meet, Reichenberger had the best regional times in both races. Then in the preliminaries on Friday, Greenwood had the best time in the 110, but had barely qualified in the 300 getting the eighth best time.On Saturday, Greenwood was .13 faster than Reichenberger in the 110 meters finals on a windy and rather chilly morning. Reichenberger hoped to avenge the loss later in the afternoon in the 300. This time Greenwood would get the upper hand again by less than .5 seconds and kept Reichenberger from securing a state title. The finals times for both races were: 49.74 Makayla Hollis Devyn Smith Shot put   5 Brendon Horyna            11 TOWANDA-CIRCLE           15.64   0.6   4        Oxford – 2A (South Barber reg.)   7 Joseph Holley             11 WAMEGO                   41.73    2             South Haven – 1A (Burlington reg.) 8:59.94   2 Colin Reichenberger       12 WELLINGTON               39.29    8             40-07 Shelby Schmidt Triple jump   7 Spenser Wine              11 MCPHERSON                15.83   0.6   2        36-02 6th Sumner County track state results:  48-07 Shelby Schmidt Colin Reichenberger 12.58 Shot Put 1600M 3200M Argonia – 1A (Garden City reg.) 6-02 4×400 relay Faith Gaddie Logan Creek Jaycee Schettler 7th •••••Overall, Sumner County was shut out of a state championship for the first time in years.Tyler Balsters of Belle Plaine came close in the 3200 meter run on Friday morning. He ran the race in 10:03.62 placing him second overall in Class 3A.Some other notable performances in the state track meet:Jaycee Schettler places fifth in the 100 meters.•Wellington’s Jaycee Schettler, a sophomore, was a two-time state placer. She placed fifth in the 100 meters at 12.58 and sixth in the 200 meters in 4A at 26.27.Timothy Shaffer finishes third in high jump.•The Wellington 4×400 meter relay team was an over-achieving bunch coming into the state track meet with 4A’s 12th best time, yet finished sixth place with a 4:13.62 time. The team consisted of Leah Nelson, Joanna Tredway, Schettler and Taylor McGlothlin. Three of those girls are sophomores and freshman.•Conway Springs had a couple of third place finishers. Timothy Shaffer finished third in the high jump at 6’2”. Sara Eckelberry placed third in the discus with a 123-10 time.•Faith Gaddie was Argonia’s only track entrant boys or girls, but she made the best of it, placing sixth in the long jump and seventh in the triple jump.Sara Eckelberry gets third place in discus for Conway Springs.•Caldwell had three of the same runners — Colten Ward, Darren Ward and Kaden Halling — in all three of their relay teams, the 4×100, 4×400, and 4×800. The 3200 meter team, which also included Justin Brown, was the one who placed with a 8:45.92 time.•Belle Plaine’s Jessica Heidel finished third in the long jump at 17-02.25 and seventh in the triple jump at 34-5.75.The full Sumner County results are as follows: 4th 8th 2nd 49-06 Close Forgot password? Please put in your email: Send me my password! 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Start reading Sunday feature: From Reichenberger to Oxford, high school season ends with a bang