Eurotunnel to dispose of Kent development land

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Pension fund tenders smart-beta equity mandate using IPE Quest

first_imgInterested parties should state performance, net of fees, to the end of September and have a track record of at least three years (preferably five).The deadline for applications is 30 October.The IPE news team is unable to answer any further questions about IPE Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com. A pension fund based in Germany has tendered a €20m smart-beta equity mandate using IPE Quest.According to search QN-2125, interested parties should have at least €250m in assets under management in the asset class.The mandate is to cover Europe excluding the UK and adopt the MSCI Europe Multi-Factor or similar index as a benchmark, observing a maximum tracking record of 10%.The pension fund said it was creating a long-list of managers, and that a manager might therefore not be appointed.last_img read more

Region could face US$100 billion climate change bill

first_imgNewsRegional Region could face US$100 billion climate change bill by: – June 14, 2012 Sharing is caring! Share Share Tweetcenter_img Share Report paints grim picture of risks posed to Latin America and the Caribbean by global warming.RIO, Brazil– With most of the Caribbean and Latin America struggling to keep up with their debts, an additional US$100billion annual bill is the last thing they need. But that’s what they could get without increased efforts to stem the effects of global warming.According to a recent report by the Inter-American Development Bank (IADB), the Economic Commission of Latin America and the Caribbean (ECLAC) and the World Wildlife Fund (WWF), if temperatures rise by two degrees Celsius across the region, the physical impacts could cause annual damages estimated at two percent of current gross domestic product.The study said that the region is especially at risk to the increasing temperatures globally due to its reliance on natural resources and geographic location, adding that significant changes will be seen by 2050.“Reduction in agricultural yields of many staple crops, increased flooding and inundation of coastal zones, increased exposure to tropical diseases, destabilisation of the hydrological cycle, and the intensification of extreme weather events” are among likely outcomes, the report said. Loss from agricultural exports alone was valued at between US$30 and US$52billion for the region.Many of the changes are permanent and will continue to affect the region over the long-term, which makes the situation more worrying, said the report presented at the Rio+20 summit in Brazil.There’s hope, nevertheless, as steps to adapt to the issues created by global warming amount to just one-tenth of the cost of physical impacts. That US$10 billion is deemed “cost-effective” in preventing the negative impact on economic and geographic conditions that the likely increased temperatures would bring.Using a “business as usual” scenario, in which no measures are taken towards cutting dangerous gases, emissions will increase by 50 percent, the report said. Despite expected reductions in emissions due to changing land use, it’s projected that increases in other sectors will more than erode that improvement.Though adaptation is important, the report said substantial investments are required to drastically cut the region’s projected carbon emissions to levels that are consistent with global goals.Unfortunately, no international agreement has been reached to reduce the emission of greenhouse gases that cause global temperatures to rise. That said, current trends cannot continue, according to the report, as that “would lead to a future that must be avoided”.Policies that promote strict land use for deforestation and other agricultural practices should be implemented in the next two decades, the report said. Also, measures to reduce carbon emissions in the power and transport sectors should be stressed to achieve more sustainable targets.The cost would be a lot to bear, said Pablo Gutman, a WWF director, especially for a region that faces major development challenges, but “this would bring about major benefits such as improved food and energy security; people would have healthier lives in cleaner environments.Caribbean 360 News 45 Views   no discussionslast_img read more

Suspended prison sentence for Mason City woman charged with scheming to burglarize home

first_imgMASON CITY — A Mason City woman charged with scheming with a man to burglarize a Plymouth home has been given a suspended prison sentence.  Authorities accused 43-year-old Nicole Cooper of committing felony conspiracy by meeting a victim at a bar on August 20th, and during that time, her friend 44-year-old Chad Wolfe, allegedly burglarized and committed theft at the residence, breaking in and stealing items valued at more than $1500. A search warrant was later executed in the 2300 block of 26th Southwest in Mason City where authorities also allegedly found methamphetamine. Cooper agreed in October to plead guilty to a charge of conspiracy to commit a non-forcible felony. District Judge Adam Sauer this week sentenced her to a five-year suspended prison sentence and placed her on five years probation.  Wolfe had pleaded not guilty to charges of third-degree burglary, second-degree theft, criminal mischief and possession of methamphetamine. He also entered into a plea agreement with prosecutors in October. His sentencing is scheduled for next week in Cerro Gordo County District Court.last_img read more

Newman leads Kansas past Duke in OT to make Final Four

first_imgHE SAID IT“We didn’t even talk about going to the Final Four. All we talked about is Duke. I do think playing Duke in that game helped us. It was fun. I would be proud to have coached in that game even if the outcome is different,” Self said.UP NEXTDuke: Welcoming the next batch of one-and-done stars.Kansas: The Jayhawks are in the Final Four for the 15th time. Recto seeks to establish Taal rehab body to aid community, eruption victims Don’t miss out on the latest news and information. This was college basketball at its best, two blue bloods trading blows for 45 minutes in what was arguably the best game of March so far, one that featured 18 lead changes and 11 ties.Had Grayson Allen’s bank shot to end regulation gone half an inch in a different direction, it might be Duke heading to South Texas.But it didn’t, and instead the Jayhawks are moving on.“It was an honor to play in this game,” said Duke coach Mike Krzyzewski, who remained tied with UCLA legend John Wooden with 12 Final Four performances. “I think both teams were deserving of winning.”Newman, a redshirt sophomore who came on late this season, drilled his fifth and final 3 from the corner to make it 81-78 with 1:49 left. Newman followed with four straight free throws, and the Jayhawks’ defense stiffened enough to knock the favored Blue Devils out of the tournament.ADVERTISEMENT Conor McGregor seeks to emerge from controversy in UFC comeback Malik Newman and the top-seeded Jayhawks got past their Elite Eight road block Sunday, knocking off second-seeded Duke 85-81 in overtime to clinch the program’s first trip to the Final Four since 2012.Newman scored all 13 of the Jayhawks’ points in OT and finished with a career-high 32 to lead Kansas (31-7).FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownThe Jayhawks will face fellow top seed Villanova on Saturday in San Antonio — the site of KU’s last title over Memphis in 2008 — after snapping a two-game losing skid in the regional finals.“Everything we’ve been through…we do it for moments like this,” Kansas star Devonte’ Graham said. “Especially after the last two years, getting over the hump. It just feels (perfect).” LATEST STORIES Scarlett Johansson, Sterling K. 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Kansas’ Devonte’ Graham (4) holds the trophy after defeating Duke in a regional final game in the NCAA men’s college basketball tournament Sunday, March 25, 2018, in Omaha, Neb. Kansas won 85-81 in overtime. (AP Photo/Charlie Neibergall)OMAHA, Neb. — Kansas is going back to the Final Four.It’s hard to argue that Duke shouldn’t be headed there as well after the most riveting show of the NCAA tournament.ADVERTISEMENT Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Trevon Duval scored 20 points, two shy of a career high, for Duke. Freshman star and future lottery pick Marvin Bagley added 16 points and 10 rebounds in what could have been his final game for the Blue Devils (29-8), who fell shy of their first Final Four trip since winning the national title in 2015.Allen had 12 points for the Blue Devils, but the senior’s try at the regulation buzzer went in and then out and then off the rim before spinning away to force overtime.“I was trying to drive right, he cut me off. Went back left. Their big stepped into help. I had to get a shot up over him. I tried to bank it in and it about went in,” said Allen, who finished his brilliant career with 1,996 points.THE BIG PICTUREKansas: This might be the unlikeliest of coach Bill Self’s three Final Four squads. They are not stacked with obvious future NBA starters and they lost three times at home this season. But the Jayhawks banded together to win the Big 12′s regular season and conference titles and now the Midwest Region. By doing so, they proved to their coach that they were hardly soft — a claim that Self had made often earlier in the season. And with the final buzzer about to sound and the outcome suddenly in focus, Self clenched both of his fists and lifted his arms in the air for a celebration years in the making.Duke: The Blue Devils might see four of their freshman stars bolt for the NBA Draft, an expected exodus led by Bagley, a likely top-five pick. Duke will also lose Allen, one of the best players in school history. Don’t cry for Coach K, who has four five-star recruits committed to join the program next year. But this season will likely be remembered as a lost opportunity — and for that Allen shot that went agonizingly out of the rim.PIVOTAL MOMENTDuval was a revelation in the opening half, scoring 13 points to give the Blue Devils a 36-33 lead that at times felt like it could’ve been bigger. But the Jayhawks opened the second with a 13-3 run, forcing Duke to answer quickly. The Blue Devils did just that, time and time again, until it had the lead in the final minute. But Kansas senior Svi Mykhailiuk drilled a 3 with 25.7 seconds left in the second half to knot the game at 72-all.THE NUMBERSKansas outrebounded Duke 47-32, a staggering stat given that the Jayhawks barely outrebounded their opponents heading into the game. …Lagerald Vick had 14 points, Devonte’ Graham had 11 with six boards and six assists and Mykhailiuk had 11 points, 10 rebounds and five assists while helping defend Bagley. “Even though Malik scored a lot of points, I don’t think that anybody had a better game than Svi did,” Self said. … The Blue Devils were 7 of 29 on 3s.last_img read more