Category: rqvmcfrn

Sovereign wealth funds team up with hedge fund group on transparency

first_imgThe new relationship will see a greater focus on collaboration in areas of governance, transparency and financial stability, all areas where HFSB chair Amelia Fawcett said both groups were “very much aligned”.The partnership would also see the HFSB work more closely with sovereign funds when drafting its industry standards.Fawcett said: “The HFSB relies on hedge fund managers and investors to work together to set industry standards, and we welcome closer dialogue with sovereign wealth funds, which are a large and influential hedge fund investor group.”HFSB trustee David George, head of debt and alternatives at Australia’s AUD118bn (€78.7bn) Future Fund, said the Australian investor was working to reshape the investment environment to “prioritise the interests of the asset owners”.He added: “The Future Fund supports the HFSB and the IFSWF, which provide platforms to foster constructive dialogue within the SWF community and between hedge fund managers and asset owners, and we look forward to helping shape the joint initiatives between the HFSB and the IFSWF.” Sovereign wealth funds (SWFs) worth $5.5trn (€4.8trn) have joined the Hedge Fund Standards Board (HFSB), allowing for greater influence on the disclosure framework of the funds.The International Forum of Sovereign Wealth Funds (IFSWF), covering more than 30 of the world’s sovereign investors, has agreed to be an observer to the HFSB.Adrian Orr, chief executive at the NZD28bn (€16.9bn) New Zealand Super Fund and IFSWF chair, said he was “delighted” to forge a closer relationship with the HFSB to share the knowledge and experience amassed by the sovereign funds.“This relationship will help ensure sovereign wealth funds have a voice in the hedge fund standard-setting process,” he said.last_img read more

read more

Semenya decision to be announced by CAS tomorrow

first_imgBy Mark GleesonCAPE TOWN (Reuters) – The decision on Caster Semenya’s challenge to continue competing without any restrictions will be announced by the Court of Arbitration for Sport (CAS) at 1000 GMT tomorrow.The double Olympic 800m champion is challenging the sport’s governing body, International Association of Athletics Federations (IAAF), over its decision to restrict testosterone levels in female runners.The IAAF wants the South African and other female athletes with differences of sexual development (DSD) to take testosterone blockers.Under the new rules, which will apply to women events between 400 metres to the mile, athletes classed as having DSDs must reduce their blood testosterone level to below five (5) nmol/L for a period of six months before they can compete. They must then maintain it below that level continuously. Semenya, 28, has been waiting since February following her appeal against an IAAF regulation, which said female athletes classed as having DSDs gain an unfair advantage due to their higher testosterone levels.Testosterone is a hormone that increases muscle mass, strength and haemoglobin – which affects endurance. CAS had been due to announce its decision in March but postponed it several times. Semenya’s dominance of the middle distances has been labelled unfair by many of her competitors but the proposed restrictions have also been branded as discriminatory.Several expert witness were called by both sides during a five-day hearing presided by three judges at CAS’s headquarters in Lausanne, Switzerland in February. Semenya won 1,500m and 5,000m golds at the South African Athletics Championships over the past few days. Should her appeal be unsuccessful, Semenya would have to meet the IAAF requirements to keep running in the 800 and 1500 metres, but they would not apply were she to step up to 5,000.Last month, Semenya said in a statement released through her lawyers that she wanted to differentiate her case from those of transgender athletes who were born male. “Ms Semenya is a woman. There is no debate or question about this and the IAAF does not dispute this,” the statement said.“She was born a woman, raised a woman, socialised as a woman and has competed as a woman her entire life. “Ms Semenya does not wish to undergo medical intervention to change who she is and how she was born. She wants to compete naturally.”The IAAF has previously said it is confident of the legal, scientific and ethical basis for the regulations and expects CAS to reject Semenya’s appeal.last_img read more

read more

Okpus to Miss Heartland  Tie against 3SC

first_imgHeartland defender, Brownbraye Okpus will not be available for his side’s today’s top flight clash at Shooting Stars Sports Club (3SC) at the Lekan Salami Stadium in Ibadan.Okpus picked an injury in his side NPFL matchday 11 clash 2-1 win against Rivers United on Sunday at the Dan Anyiam Stadium in Owerri. An official of the Owerri outfit, Solomon Onuh said the medics advised that the player be rested for the clash at the Oluyole Warriors to avoid worsening the shoulder injury.“Okpus is not on the trip to Ibadan for today’s NPFL Week 12 clash against Shooting Stars Sports Club (3SC).“The doctors that treated him from the injury he picked in Sunday’s duel against Rivers United advised further rest to help the shoulder injury heal completely.“Okpus will just miss the clash at 3SC but will be available for selection against Sunshine Stars in Owerri.“Of course, the coaches know what to do in the absence of the rugged defender to ensure we get good result at 3SC.“Okpus’ absence will be felt in the game but will not affect the fortune of the side as there will always be replacements.“It will offer his replacements wonderful opportunity to raise their games as well as chance laying a permanent claim for the position.“Both teams have tradition and respect for each other it is certain to be an interesting game that the players will always want to go home with something positive,” said Onuh tosupersport.com.The Naze Millionaires will be without their top striker, Fortune Omoniwari who picked a straight red card in matchday 11 clash against Rivers United.Heartland are 10th on the 20-team top flight on 14 points from possible 33 with a game to spare at champions and neighbours, Enyimba.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

read more

Leading Chinese football app Dongqiudi nets Crystal Palace ‘sleeve sponsorship’

first_imgShare Share HKJC closes OCBBs amid rising public health concerns July 13, 2020 Submit Related Articles StumbleUpon MansionBet adds Bristol City to sponsorship portfolio August 20, 2020 W88 secures Crystal Palace front-of-shirt sponsorship August 3, 2020 South London Premier League football club Crystal Palace FC, continues to expand its commercial presence within Asian markets announcing its first ever ‘shirt sleeve’ sponsorship with Chinese football app Dongqiudi.Starting this 2017/18 EPL season, the Dongqiudi logo will appear on the ‘Eagles’ home and away football jerseys, featuring on the left sleeve.Crystal Palace management announced the new sponsorship, as the football club tours Asia in which it will play the ‘Premier League Asia Trophy’ at the Hong Kong Stadium.Launched in 2013, Dongqiudi is a popular Chinese football app, which brings extensive information of international football matches and competitions. The app further engages its audience by creating social clubs for Chinese f fans to discuss and debate all things football.To date, Dongqiudi details that it has had +30 million downloads, with the app reporting more 3 million unique daily users.Commenting on the partnership Steve Parish Chairman of Crystal Palace stated “We are delighted to have Dongqiudi as the club’s first shirt sleeve partner. Dongqiudi’s platform gives us a fantastic opportunity to promote Crystal Palace in China whilst giving their brand exposure to the club’s growing international following and the wider global Premier League audience.”Last June Crystal Palace announced its ‘biggest shirt sponsorship to date’ welcoming Asian facing bookmaker ManBetX as EPL 2017/18 ‘Official Club Sponsor’last_img read more

read more

Sporting Index hopes not to be wiped out by ‘World Cup wides’ again

first_img Neville Burdock – Sporting IndexTwenty years on from one of their biggest ever losses, Sporting Index has returned with the infamous ‘World Cup wides market’, which saw the spread betting firm lose over half a million pounds in the 1999 Cricket World Cup.The World Cup wides market, pioneered by Sporting Index, was introduced for the first time in 1999 and has been available to punters in every Cricket World Cup tournament since, but traders (as well as bowlers) underestimated how much this would swing in English conditions.That year’s tournament saw the introduction of the white ball in the Cricket World Cup for the first time, and Sporting Index initially predicted there would be 255 wides in the 42-game tournament, which was quickly pounced on by the betting community.After the dust settled on the 979th and final wide of the tournament, Sporting Index traders were left licking their wounds, with the company facing huge losses of £500,000.This year, the trading team returns to the site of its greatest loss, and after 20 years’ experience in the white-ball game, have priced this year’s wides at 715.Prior to the white ball introduction, World Cup teams averaged 8.15 wides each per game, compared to 16.7 per team with the white ball. There was also an average of 817 wides per tournament with the white ball, compared to 300 per game before its adoption.The largest number of wides bowled in a single World-Cup game came in India’s win over Kenya in 1999, with the two sides bowling 52 wides between them.As for the tournament itself, Sporting Index is predicting that there will be 535 total sixes during the tournament and that Eoin Morgan’s England side will contribute 80 of these. The spread betting firm are also estimating that 45 batsmen will score centuries during the 48 matches.Neville Burdock, Head of Trading at Sporting Index, said: “The 1999 Cricket World Cup wides market was an absolute disaster for us, and a real celebration for punters. This year, we are willing to take on the wides market again but will be pricing the total at 715 across the tournament. “With tactical, disciplined bowling more prevalent than ever, we expect significantly less wides than the 979 that stung us 20 years ago, but with a new ball at each end, maybe a few more than the original 255 that was first predicted with the red ball.” Related Articles UK not leaving EU on October 31 trading on exchanges at 97% October 25, 2019 StumbleUpon Share Frankie Dettori rides with Sporting Index  May 29, 2020 Submit Paytm targets number 1 fantasy sports status in India June 18, 2019 Sharelast_img read more

read more

Local online support group helping those with brain injuries

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisALPENA, Mich –The Alpena Brain Injury Support Group in collaboration with the Brain Injury Association of Michigan has started a local onlinesupport group to help caregivers, family and friends work with those suffering from brain injuries.The Brain Injury Association of Michigan designed a support group to share information, experiences and gain knowledge about brain injuries.According to the support group facilitator , Sandy Smith, injuries that impact the brain are easily undetected.Smith said there are signs that could indicate you may be suffering unknowingly from a brain injury which are considered silent injuries.According to Clinical Social Worker, Nancy Kotwicki, there are additional indicators that may be related to brain injuries such as isolating, depressionor anxiety.Kotwicki also said brain injuries can result from a fall, domestic abuse and other injuries but remedies are available.The Brain Injury Association is currently meeting by Zoom but will be meeting at Mid Michigan in Alpena once in–person meetings resume.The group meets on the 2nd Monday of each month from 6 p.m. to 8 p.m.Registration is required and for those interested in signing up, you can do soand for those interested in signing up, you can visit www.biami.orgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious 4th of July Fireworks are a go this yearNext J.C. Penney making steps toward closing its doors for goodlast_img read more

read more

Glo-CAF Awards 2014: Why Osagyefo was remembered and honoured

first_imgThe first President of Ghana, Dr Kwame Nkrumah was honoured with a Platinum award at the recently held 2014 Glo-CAF Awards in Lagos, recalling his unmatched contributions to the development of football in Ghana and the African continent during his lifetime. In a post-event statement issued by Globacom, sponsors of the annual football awards, Ghana’s first President was eulogised for his visionary steps in building the requisite human and institutional capacity which made Ghana a veritable football powerhouse on the continent within just a few years after its independence in 1957. Dr. Nkrumah held sports, especially football, in high esteem and successfully applied it as a potent tool for national identity and also for marketing his pan-African vision. In 1964, Osagyefo donated money to put up the Osagyefo Cup which was used to launch the African Clubs Championship, charging the then Confederation of African Football (CAF) to organize an enviable African version of the European Cup for club championship with that trophy.   At home in Ghana, Dr. Nkrumah personally supervised the building of a formidable national team, the Black Stars, which won the Africa Cup of Nations in 1963 and 1965 and also founded the Ghana Academicals, which was an assembly of the best young talents in the country.Osagyefo Dr. Kwame Nkrumah, in habitual fashion, greets the Black Stars at the Accra Sports Stadium just before the start of an international game.   “We are happy to be identified with this man of vision whose steps helped to produce a football super power in Ghana in so few years after the country became independent”, the statement said. “Dr. Nkrumah was an ardent sports enthusiast who promoted football as a sport in his country and on the African continent. As early as 1960, Ghana already had two world class football stadia in Accra and Kumasi and this was responsible in part, for the good showing of Ghana in football on the continent both at the club and national levels”. The statement said that Globacom draws inspiration from leaders like Nkrumah, who was a shining star across many fronts, including his efforts in uniting Africa through the formation of the Organisation of African Unity (OAU). “It is the aggregation of his contributions to humanity that make him a leader to remember and a leader to honour and we are happy that the Confederation of African Football (CAF) noticed this and presented the award,” the statement added.  Dr. Nkrumah’s posthumous Platinum Award was received on his behalf by the President of the Ghana Football Association, Kwesi Nyantakyi at Eko Hotel Convention Centre, Lagos, Nigeria.last_img read more

read more

2nd edition of Head of State Invitational golf tournament scheduled for June 16

first_imgThe Ghana Golf Association in collaboration with Ghana @ 60 Years on Committee has officially launched the second edition of the Head of State Invitational tournament.The Head of State Invitational Tournament is a golf competition being organized in honour of the President of the Republic of Ghana and also an opportunity to broker business deals for the country.It is also a platform to groom and give exposure to amateur golfers.Speaking at the launch, the President of the Ghana Golf Association, Mr Mike Aggrey, said “this tournament is not just a golf competition but an informal avenue to bring together decision-makers in corporate Ghana to interact and discuss various business opportunities for the country. We are creating a congenial atmosphere for high profile business meetings and networking.”Mr Aggrey said the event will come off on Saturday, June 16 at the Kumasi Royal Golf Course and President Nana Akuffo-Addo is expected to be present to do the Tee-off and the closing ceremony. Over 150 golfers both local and international are expected to participate in this year’s tournament with over 30 slots allocated to women golfers, he revealed.He continued that there will be a golf clinic on the day of the event to educate people on the technicalities of golf and over 20 prizes will be awarded on the day of the event. The chairman of the launch, Mr Mike Ezan, who is also a former President of the Ghana Golf Association, underscored the importance of this high profile golf event and encouraged everyone to get involved in promoting the game of golf.Mr Ezan expressed gratitude to the sponsors of the competition: UMB, MTN, Global Media Alliance, GCB Bank, SSIC Insurance, Golden Tulip, etc.Present at the launch were the Chairman of Ghana @ 60 years on, Francis Andoh, CEO of Northwestern Solutions, Chairman Ken Amankwa and Esther Amedzro, President of Women Golfers in Ghana.last_img read more

read more

UNITED, ACCLIMATE & CLEOPATRA’S STRIKE ALL RATE BIG CHANCES IN WIDE OPEN GRADE II, $200,000 JOHN HENRY TURF CHAMPIONSHIP THIS SATURDAY

first_imgUNITED, ACCLIMATE & CLEOPATRA’S STRIKE ALL RATE BIG CHANCES IN WIDE OPEN GRADE II, $200,000 JOHN HENRY TURF CHAMPIONSHIP THIS SATURDAYARCADIA, Calif. (Sept. 25, 2019)–Hall of Fame trainer Richard Mandella’s highly regarded United and a pair of Phil D’Amato trainees, Acclimate and Cleopatra’s Strike, rate big chances in Saturday’s Grade II, $200,000 John Henry Turf Championship at Santa Anita, which has attracted a wide open field of eight 3-year-olds and up at a mile and one quarter.UNITEDOwner:  LNJ FoxwoodsTrainer:  Richard MandellaIdle since rallying from off the pace for a 1 ¼ length win in a mile and one eighth turf allowance at Del Mar on July 17, this 4-year-old Giant’s Causeway gelding was a troubled second two starts back in the Grade II Charles Whittingham Stakes at a mile and one quarter on turf here on May 25. With Flavien Prat riding back, United could be poised to post his first stakes win in the John Henry.ACCLIMATEOwner:  The Ellwood Johnston Trust & Timmy Time RacingTrainer:  Phil D’AmatoA front-running 5-year-old California-bred gelding by Acclamation, he registered his first graded win when waltzed to one length gate to wire score in the Grade II Del Mar Handicap going 1 3/8 miles on turf Aug. 17. Ridden by eastern-based Florent Geroux at Del Mar, he’ll be handled for the first time on Saturday by Victor Espinoza. With a hillside start, he’ll shorten up in distance an eighth of a mile.CLEOPATRA’S STRIKEOwner:  Slam Dunk Racing & Michael NentwigTrainer:  Phil D’AmatoA sharp second, beaten a nose in his So Cal debut, the Grade II San Gabriel Stakes here on Jan. 5, this 6-year-old Ontario Canadian-bred gelding by Smart Strike went to the sidelines and resurfaced in a second condition allowance at Del Mar Sept. 2. A fast finishing second, beaten a head going 1 1/8 miles on turf, he’ll be making his third start for D’Amato on Saturday and should get plenty of pari-mutuel attention.THE JOHN HENRY TURF CHAMPIONSHIP WITH JOCKEYS & WEIGHTS IN POST POSITION ORDERRace 7 of 10 Approximate post time 3:30 p.m. PTYa Gotta Wanna–Geovanni Franco–121Oscar Dominguez–Joe Talamo–121Cleopatra’s Strike–Abel Cedillo–121Ritzy A.P.–Martin Garcia–121United–Flavien Prat–121Grecian Fire–Mike Smith–121The Street Fighter–Edwin Maldonado–121Acclimate–Victor Espinoza–125First post time for an 11-race card on Saturday is at 12:30 p.m. For additional information, please visit santaanita.com or call (626) 574-RACE.last_img read more

read more

I can continue training horses until I die – DaCosta

first_imgAfter four decades and 1,926 Caymanas Park victories, trainer Wayne DaCosta became the record champion trainer at Caymanas Park after topping the field for the 15th time with 67 wins in 2015. DaCosta also surpassed legendary trainer and former record holder Phillip Feanny, who has 14 titles. His achievement, surpassing one of the all-time greats of regional training, has given DaCosta great satisfaction, but to him, winning the title in 2015 was no great surprise. “I was confident (coming into the year). I had a full stable of horses, so I didn’t see why the results would have been any different from last year (2014),” he told The Gleaner. “He (Feanny) is still one of the great trainers of Caymanas Park, so it’s definitely a honour to surpass his record. It (15th championship) was indeed satisfying, it’s a great feeling to be number one. I don’t know how long it will last, but I am on the top now, and it is really a good feeling getting the 15th win,” he stated. DaCosta, who is second on the all-time list of winners saddled at the Park, says his love and passion for racing is the secret to his success and he has no plans to take a break anytime soon. “I can continue [training horses] until I die. I am doing something that I like, and from 1976 when I got my licence, I have always liked it. I see no reason why I should stop. “However, you never can tell (how long it will continue) because the sport can change in the turn of a dime. But now everything looks good and I have some good horses in the top class and some nice three-year-olds coming next year, so it could be the same old, same old you never can tell. “I want to thank all of my owners who have stayed with me over the years and my groom, Linval McFarlane, who has been with me for more than 30 years as an assistant trainer. racing has good times and bad times, and you will never know when your bad time is going to come. But I have some nice horses. I hope they keep sound and make it a memorable year again,” he stated. DaCosta trained the top three horses in stakes last year – Derby and Diamond Mile winner SEEKING MY DREAM ($13.58 million), ALI BABA ($5.37m), PERFECT NEIGHBOUR ($5.08m). He was also the leading trainer for two-year-olds, earning $9.06m. Supreme Ventures Jamaica Two-year-old Stakes winner FUTURE KING was the leading earner in this category with $3.66m.last_img read more

read more