​Italy roundup: Industry scheme seeks managers for €1.6bn worth of mandates

first_imgItalian industry pension fund Previdenza Cooperativa has launched a tender process to select asset managers for two of its investment options, to handle total assets worth around €1.6bn.The Rome-based fund, which has €2bn in total assets under management, said it intended to issue eight mandates in all for its balanced and dynamic saving options, which have assets under management of around €1.4bn and €175m respectively.For external management behind Previdenza Cooperativa’s balanced option, the pension fund has tendered for four global multi-asset bond mandates of approximately €240m each, one total return global bond mandate for an estimated €240m, and one global equity mandate for an estimated €140m.The tenders for the fund’s dynamic option, meanwhile, involve two global multi-asset equity mandates for approximately €85m each. Previdenza Cooperativa said proposals must be submitted by 1pm central European time on 1 August. Any additional information can be found on its website, with any requests for further information to be sent by midday on 24 July.Telecoms fund eyes private debt, private equity allocationsThe Italian pension fund for the telecoms sector has launched a search for two investment managers to take on private debt and private equity mandates.Fondo Telemaco is seeking one manager for a private debt mandate worth an indicative amount of €55m within its Prudent savings option, with the contract lasting 10 years. The fund said the aim for this mandate was for a manager to achieve a net cash multiple greater than 1.4.The pension fund is also seeking a manager for a €50m private equity mandate within its Balanced option. The mandate’s stated aim is to invest in European private equity funds, with appropriate portfolio diversification and active management. Fondo Telemaco said the contract would have a duration of 12 years and and aimed to achieve a net cash multiple of greater than 1.8.The fund’s €1.9bn total assets are split into three investment sub-funds: Guaranteed, Prudent and Balanced.Solidarietà Veneto awards mandates to Groupama and EurizonItalian multi-employer pension fund Solidarietà Veneto has selected external managers for two of its investment options.Following a tender process conducted for its Income (Reddito) and Prudent investment lines, the Venice-based pension fund chose Groupama and Eurizon respectively to manage the two mandates. Contracts with Mediobanca SGR and Candriam respectively had come to an end, the pension fund said.Both new partners have worked with Solidarietà Veneto in the past in various ways.Almost €300m was invested in the Income investment line at the end of May 2019, according to data on the pension fund’s website, while the Prudent line had around €643m under management.Solidarietà Veneto managed €1.4bn at the end of May.last_img read more

The Digital Mafia: Online Crime Gets Organized, Says Cisco

first_imgTags:#enterprise steven walling Massive Non-Desk Workforce is an Opportunity fo… Related Posts IT + Project Management: A Love Affaircenter_img 3 Areas of Your Business that Need Tech Now In its midyear global security report for 2009, Cisco says there’s plenty to be worried about when it comes to the way that online crime operations are operating. Bot herders and other nefarious characters are still using cutting-edge computing and social engineering. But according to Cisco’s analysis, the real innovation is how those behind some of the biggest threats are collaborating in new ways. It’s enterprise 2.0 for the criminal underbelly of the Internet. Collaborative CriminalsTom Gillis, Vice President and General Manager of Cisco Security Products, said, “We see many signs that criminals are mimicking the practices embraced by successful, legitimate businesses to reap revenue and grow their enterprises.” Highlighting the collaboration between those running Conficker and Waledac, Cisco asserts that a new business model has emerged for the bot masters, whereby they work together to sell each other’s services and evade detection. In some cases, they’ve even used public forums to solicit advice from one another. A Persistent ThreatNot only are illegal enterprises collaborating, but they pose a threat that persists over time, with ability to launch new attacks in the future. Is there hope on the horizon for fighting these threats? Cisco pointed to “good guy” collaborative organizations, such as the Conficker Working Group and the Obama administration’s renewed focus on cybersecurity, as good signs that industry and government are well-aware of the challenges to securty ahead. You can download the full report here, or watch the video intro below.Photo credit: husin.sani Cognitive Automation is the Immediate Future of…last_img read more

World Cup 2019: England win should give Sri Lanka confidence, says Mahela Jayawardene

first_imgSri Lankan’s shock win over England should change things for the better, feels batting great Mahela Jayawardene, after a run of matches in which they seemed to have “played with a little bit of fear”.Defending a relatively modest target of 233, Sri Lanka bowled out favourites England for 212 for a 20-run win at the Headingley on Friday.”I hope this game will give Sri Lanka a lot of confidence in this ICC Men’s Cricket World Cup. They have beaten one of the best teams in the world, and they need to believe in themselves,” Jayawardene wrote in his column for the ICC.”At times it feels like they have played with a little bit of fear and have not been able to really express themselves. This win should change that.”The former skipper praised Lasith Malinga’s match-winning spells, during which he picked up four big English wickets.”It’s not about the six pack, it’s about the skill and Lasith Malinga showed that in spades in Sri Lanka’s win over England.”He has done it so many times for Sri Lanka over the years but it was great to see him at his best,” Jayawardene said.The Lankans needed a Malinga special and the veteran obliged the team with his fine exhibition of fast bowling.”He was on a mission with the new ball, taking two crucial early wickets which Sri Lanka needed to defend a total like 232.”Then when Joe Root looked like he was playing one of those innings where he just takes the game away from you, Dimuth Karunaratne turned to Mali and threw him the ball. He told him that he needed him and Mali delivered,” said Jayawardene.advertisement”Big players perform in big games and that is what he did, removing Root and then Jos Buttler who could have won the game for England as well.”The batting legend also lavished praise on the Lankan skipper.”I was really impressed with Dimuth’s captaincy, trusting his players, bringing on the off-spinner Dhananjaya de Silva at an important time and getting rewarded for that.”Even after they had batted, I felt that it was a competitive total because the wicket was fairly slow.”He was happy to see Angelo Mathews among the runs.”It was great to see Angelo Mathews scoring some runs. He still isn’t quite in top form and you could tell that he really needed a score.”At times I wanted him to be more aggressive, but with wickets falling around him, he produced a great innings and was the rock of that batting line-up. A word also for Avishka Fernando. His performance should give Sri Lankan fans a lot of hope for the future.”Jayawardene said the unexpected result will open up the tournament.”It’s a great win for Sri Lanka, but also for the World Cup and it opens things up a little.”The top four so far have a lot of matches against each other coming up, so they will inevitably drop some points. You look at New Zealand, Australia and England who all have to play each other which does make it interesting.”That leaves Bangladesh, Sri Lanka and the West Indies with a chance to close the gap if they can pick up a few more wins.Also Read | World Cup 2019: Indian fans defend Sarfaraz Ahmed after Pakistan captain gets body shamed againAlso Read | India vs Afghanistan, World Cup 2019 Broadcast: When and where to watch Live StreamingAlso Seelast_img read more

Touch Football community recognised in Australia Day honours

first_imgSeveral members of the Touch Football community were recognised in Australia Day ceremonies across the country yesterday.Australian Men’s Open representative, Daniel Withers was named Rockhampton’s Sportsperson of the Year, in a year which included his second World Cup title. Referee Beau Newell was also recognised, as Official of the Year at the Parkes Shire Australia Day Awards. You can read more from the Parkes Champion Post here – http://bit.ly/1lPLolk. The Mudgee Mudcrabs were recognised for their 2015 New South Wales State Cup performance, receiving a Sports Award. You can read more in the Mudgee Guardian story here – http://bit.ly/1PzTs1o.  Peter Shefford was also recognised, named Sports Administrator of the Year at the Townsville Australia Day awards. You can read more in the Townsville Bulletin here – http://bit.ly/1OUBVlb. Hills Hornets President, Brad Mitchell capped off a brilliant year for the affiliate, named the Hills Shire Citizen of the Year for Sporting Achievements. Referee Michael Littlefield was also recognised in the Burdekin Shire Council Australia Day Awards, being named Senior Sportsperson of the Year. Gladstone Touch Association Secretary, Chelsea Baker was named Senior Sportsperson of the Year at the Gladstone Regional Council’s Australia Day Awards. Kelsey French was also recognised, named the Upper Hunter Shire Young Sports Star of the Year for the Aberdeen area. TFA Indigenous All Stars ambassador, Joe Williams was also named Wagga Wagga’s Citizen of the Year. Touch Football Australia wishes to congratulate everyone who received awards at yesterday’s Australia Day ceremonies across the country. Do you know someone in your local community who received an Australia Day award? We’d love to hear about it. Send us an email – [email protected] Related LinksAustralia Daylast_img read more

a month agoREVEALED: Valencia made offer to Mourinho

first_imgREVEALED: Valencia made offer to Mourinhoby Carlos Volcanoa month agoSend to a friendShare the loveFormer Manchester United boss Jose Mourinho was approached by Valencia earlier this month.Before the appointment of Albert Celades – after the sacking of Marcelino – Mourinho is being discussed inside the club’s boardroom.Superdeporte says VCF owner Peter Lim would have made an attempt for Mourinho. Before formalising the dismissal of Marcelino on September 11, Lim put in a call to the ex-Real Madrid coach. But no agreement was found, despite the good relations between the two. The Valencians were also interested in Leonardo Jardim, a former VCF coach, who is in trouble at AS Monaco. TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your saylast_img

Two Southern resident killer whales missing as experts fear for the population

first_imgVANCOUVER — Two southern resident killer whales haven’t been seen for a few months leaving experts worried, not just about the fates of both creatures, but for the future of the entire family of orcas.Just over 70 southern resident killer whales form the single group of exclusively salmon-eating orcas identified as J clan and the family is further divided into three groups, or pods, known as J, K and L.  The Centre for Whale Research said in a post that while all other killer whales from the J and K pods have been seen, one member from each pod is missing.“We will continue to look for J17 and K25 in upcoming encounters but the chances of finding them are starting to look a little grim,” the post said.J17 is a female born in 1977 and K25 is a male born in 1991.Martin Haulena, head veterinarian at the Vancouver Aquarium Marine Science Centre, worries that the failure to spot the two whales underscores the challenges facing all southern resident orcas.“I haven’t lost all hope but things are not looking good right now,” he said.Scientists from the National Oceanic and Atmospheric Administration in the United States released photos in May taken by a drone that showed J17 had deteriorated in health since she was assessed last fall.She was showing the condition known as “peanut-head,” which indicates a significant loss of fat, or blubber, around the head, the National Oceanic and Atmospheric Administration said.Haulena agreed the population is in “huge trouble.” “We’ve been working for a long time now with a number of different partners trying to figure out how we can turn around some of this.”Researchers understand the basic threats to the killer whale population, which include lack of chinook salmon that they depend on, boat noise and noise in general that interferes with their ability to forage, as well as pollution that interferes with their ability to reproduce and fight off disease, Haulena said.“But the actual individual causes of death are probably quite complicated and we’re down to the point where each of these individuals is so, so important. This population is in big trouble for sure.”The possible loss of J17, a 42-year-old female, is especially devastating because females are crucial in the “matriarchal kind” of killer whale society where pods depend on older females for foraging, Haulena said.“A whale from 1977 would be approaching the latter third of a normal, long life. They probably live 60-80 years if things are ideal but still, to lose one of those females that’s older like that would mean a whole lot to younger females,” he said.A new female calf, J56, was reported a few weeks ago but right now there are more animals being lost than being born, he said, adding that calf mortality for cetaceans can be as high as 50 per cent.The Department of Fisheries and Oceans has announced several rules to protect southern resident killer whales off British Columbia’s coast, including requiring ships to stay 400 metres away from whales, closing some salmon fisheries, and implementing initiatives to support habitat protection and restoration of chinook salmon.The killer whale population stands at 73 or 74 because of a couple of births, Haulena said.He believes humans share a bond with orcas because they are air breathing mammals that are social, intelligent and live in families.“I think we relate to them very, very closely,” he said.“Losing something like that, losing an iconic species like that, brings home the whole idea of our entire planet including our oceans being at a tipping point.” Hina Alam, The Canadian Presslast_img read more

A TORONTO PRODUCTION HUB IS AN OBVIOUS CHOICE FOR NETFLIX

first_imgAdvertisement Twitter LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Netflix Canada (Techvibes Copyright) Advertisement Login/Register With: Over the last day or so, several stories have broken regarding the idea of OTT streaming giant Netflix setting up a Toronto hub for production. A better question to ask might be “Why hasn’t Netflix announced a Canadian hub yet?”It was in September 2017 that Netflix announced they would be setting up their first-ever subsidiary company, dubbed Netflix Canada, as well as a $525 million-plus investment into Canadian content and partnerships. The Los Gatos-based streaming company received a lot of backlash for not clearly outlining their intentions, which forced Netflix’s director of global public policy Corie Wright to write a blog post describing exactly what the investment meant, in addition to discerning Netflix as an online service rather than a broadcaster.Almost a year and a half after that original announcement, Toronto Mayor John Tory told The Canadian Press that he has a “very high level of confidence” that Netflix will be setting up a hub in the city. Facebooklast_img read more

ExAFN national chief Mercredi blasts chiefs over divisions during closeddoor meeting

first_imgBy Jorge Barrera APTN National News WINNIPEG–Tensions over Assembly of First Nations National Chief Shawn Atleo’s leadership spilled onto the floor of the 8th floor conference hall at the Marlborough Hotel in Winnipeg this week during a meeting between Manitoba, Ontario and Saskatchewan chiefs.During the closed-door meeting, Grand Rapids First Nation Councillor Ovide Mercredie, a strong Atleo supporter and former AFN national chief, took to the microphone on Wednesday and berated the chiefs present over their lack of loyalty to the national chief and the AFN.Mercredi did not return calls requesting comment.“(Mercredi) said I support Shawn and I don’t want to hear AFN bashing or Shawn bashing,” according to a source who was present at the meeting.Mercredi also personally confronted Serpent River First Nation Chief Isadore Day, whose community is in Ontario, on the sidelines of the meeting over the same issue.Day, however, wouldn’t comment on the incident.Assembly of Manitoba Chiefs Grand Chief Derek Nepinak said Mercredi’s statements were “offensive” to some of the people in the room.“There was a lot of emotion; there was anger in his statement. He even said he was angry. He used a bit of profanity,” said Nepinak. “There was posturing involved in the statement, which I found to be disrespectful, because where I come from, when people posture it means you are scared of something. I don’t know what he is afraid of. I believe we come together as friends and people who respect one another.”Mercredi still carries considerable political weight within First Nation political circles and he swung it behind Atleo during this past summer’s AFN election for national chief.Mercredi also played a key role in the lead up to the Jan. 11 meeting between Prime Minister Stephen Harper, Atleo and First Nations leaders. He was involved in 11th hour discussions with Harper’s chief of staff Nigel Wright over a demand by a number of chiefs who had travelled to Ottawa that the meeting be held in a larger venue.The Prime Minister’s Office, however, stuck to the original plan and the meeting was held at the Langevin Block, across from Parliament Hill.Chiefs from Manitoba, Ontario and the Northwest Territories boycotted the meeting because they claimed it was being done on Harper’s terms and did not meet the demands of Attawapiskat Chief Theresa Spence. Spence launched her now-ended fast to force a meeting between the prime minister, Gov. Gen. David Johnston and all First Nations leaders.On the eve before the meeting, Onion Lake Cree Nation Chief Wallace Fox, Anishinabek Nation Grand Council Chief Patrick Madahbee and Day called on Atleo to cancel the meeting.Some chiefs from the prairies and Ontario say they feel Atleo is pushing the agenda of British Columbia chiefs at the expense of their own agenda which is based on re-establishing the Crown-First Nations relationship on the numbered and pre-Confederation treaties. Most of B.C. is not covered by treaties and many chiefs there are pushing for modern-day agreements.Atleo wields considerable support in British Columbia and in a conference call following the Jan. 11 meeting, chiefs there expressed their full support for him and criticized his opposition. One of the chiefs on the call blamed former AFN national chief candidate Pam Palmater for fomenting dissent.Atleo’s supporters believe much of the opposition Atleo faces stems from the recent electoral battle that saw Palmater finish a distant second.Nepinak said during a press conference Thursday that there is now a push to hold an AFN all-chiefs assembly in Saskatoon in early March.Nepinak also said there was talk of reviving a treaty alliance to push the treaty [email protected]@JorgeBarreralast_img read more

Legislature Sends SB 91 Repeal To Governors Desk

first_imgSenator Peter Micciche (R-K-Pen): “HB 49 is headed for the governor’s desk, and he has told me it far exceeds his expectations. Through HB 49 we are prioritizing public safety, protecting Alaskans, and the law abiding first.”  Facebook0TwitterEmailPrintFriendly分享The Alaska Legislature on Tuesday voted to repeal and replace Senate Bill 91, strengthen the state’s sex crime laws, and provide police and prosecutors with new tools to fight crime. House Bill 49 is the product of a compromise reached by a House-Senate conference committee that repeals the harmful portions of Senate Bill 91 and takes crucial steps to improve public safety. House Bill 49 passed the Senate 18-0 and the House 36-2, for a combined vote of 54-2. The bill is now on its way to Governor Mike Dunleavy’s desk for his signature.center_img The governor posted to Facebook shortly following the vote: “I am pleased that the Senate today joined the House in passing House Bill 49 – this legislation repeals the failed SB 91 and replaces it with common sense crime laws that all Alaskans can trust. During my State of the State I urged legislators to join me in making public safety a priority, and with the passage of HB 49 we have done just that. Thanks to the actions of Legislators and my public safety team we are turning the corner to a safer tomorrow.” The crime package is seen as a further rollback of a 2016 criminal justice overhaul that could swell the state prison population and lead to the re-opening of the prison in Palmer.last_img read more