Dutch survey: In-house asset management gets boost

first_imgIt also showed that particular government bonds, credit and equity were managed internally.Approximately 30% of the 47 participating schemes carried out at least part of their fiduciary management in house, up from 17% in 2017. Half of them deployed external fiduciary managers, but only for some mandates.The research showed that a large number of different fiduciary managers were hired, with NN Investment Partners being the most used this year. MN came second, while Achmea Investment Management and TKPI shared third place.More than three-quarters of participants indicated that the main reason for hiring a fiduciary manager was getting access to broader expertise and specialist services, as well as workload relief.The most important criteria for manager selection were listed as the quality of risk management and the like-minded corporate culture that pension funds and managers share.According to the research, 70% of respondents considered it highly unlikely that a pension fund’s board would give up too much control by fully outsourcing its assets to a fiduciary manager.The survey included 49 respondents, representing 47 pension funds with assets ranging from €350m to €250bn and totalling €635bn. An increasing number of Dutch pension funds is reverting to in-house asset management, in particular for equity and bonds, the annual survey of Dutch pension funds published by Pensioen Pro has suggested.It found the amount of externally managed assets dropped by €169bn to €916bn this year, as part of a trend that started in 2018.The percentage of schemes that at least in part internally managed assets jumped from 16.7% in 2017 to 34% this year, it showed.The survey also disclosed that 85% of pension funds with in-house management have investment expertise on their board or administrative teams, or are being advised by their own investment committee, whereas 64% used an investment consultancy.last_img read more

EMEC and Enel Green Power Ink Marine Energy MoU

first_imgThe European Marine Energy Centre (EMEC) and Enel Green Power (EGP) have signed a Memorandum of Understanding (MoU) with the aim to encourage knowledge sharing in marine energy technology development and performance assessment, and to drive forward collaborations in marine energy demonstration projects.The partnership will address a gap in independent marine energy testing against international standards, the development of which would increase credibility and trust in the sector.Working in collaboration and sharing their wealth of knowledge and experience in the field, EMEC and EGP will provide both public and private investors with increased confidence in the industry and therefore encourage future investment and growth in marine renewable energy, EMEC said.Rob Flynn, international development manager at EMEC said: “EMEC is very happy to collaborate with EGP on supporting marine energy development. As an independent test lab, EMEC is at the cutting edge of assessing marine energy technologies. EGP is a global leader in renewables, and with first-rate technology due diligence processes. This project will help us learn from each other and drive the marine energy sector forward.”Fabio Fugazzotto, head of Marine Innovation at Enel Green Power, said: “This cooperation will allow us to share our expertise and know-how on marine energy with EMEC, leveraging on lessons learned and internationally recognized evaluation standards, with the aim to explore future opportunities in the ocean energy sector.”Based in Orkney, Scotland, EMEC supports the testing, demonstration and assessment of wave and tidal energy technologies by providing test sites suitable for early stage sea deployments through to full-scale grid-connected trials. EMEC supports technology development from concept to commercialization, including consenting compliance, environmental monitoring, technical verification, and independent performance assessment.EGP is the global renewable business line of the Enel Group. EGP is at the forefront in promoting innovation in green energy, including exploring applications for wave and marine energy technologies.last_img read more

Jacob A. Young, 35

first_imgJacob A. Young, 35 of Greensburg passed away on Friday, December 27, 2019 at the University of Cincinnati Medical Center after his battle with cancer. Jacob was born on September 6, 1984 in Columbus, IN, the son of David and Rosalia (Combs) Young. He was a 2003 graduate of Greensburg High School. After high school he attended Anderson University where he graduated with his Bachelor’s Degree in Ministry and Broadcast Communications and later obtained a Master’s Degree from Indiana Wesleyan University in Ministry.Jacob most recently worked in the call center at Hill-Rom in customer service. He was involved in various ministries including being a youth group leader and a missionary to Ethiopia. As a child he loved playing sports and has always loved watching wrestling. In his later years he read various versions of the Bible and other books. He loved spending time with his family, friends, nieces and nephew and he never met a stranger.Survivors include his parents – David and Rosalia; his brother – Jason (Debbie) Young; his aunts – Dorothy (Matthew) Galbraith, Donna Mitchell, Debbie Dean and Karen (Gene) Kunz; his uncle – Curtis (Jannie) Combs Jr.; his nieces – Mikayla and Cheyenne Young; his nephew – Jackson Young and several cousins. He was preceded in death by his grandparents – Curtis Sr. and Ida Combs and Raymond Sr. and Helen Young; one aunt – Kathyleen Ward; one uncle – Raymond “George” Young; and two cousins – Chase Galbraith and Jordan Dale.A Memorial Service will be held on Thursday, January 2, 2020 at 2PM at the Gilliland-Howe Funeral Home with Rev. Jane Noblitt officiating, visitation will follow from 3PM – 5PM. Burial will be at Union Baptist Cemetery at a later date. Memorial contributions may be made to the Gideon’s or Riley Children’s Hospital. Online condolences may be made to the family at www.gilliland-howe.com.last_img read more

Syracuse football opponent preview: What to know about Colgate

first_img Published on August 31, 2016 at 9:56 am Contact Jon: jrmettus@syr.edu | @jmettus How Colgate beats Syracuse: Colgate will have to control possession, the clock and run the ball to win the game. The Raiders will have to bully the Orange’s defensive line and keep the ball out of SU’s offense’s hands. Even if all that goes well, Colgate will still have to hope for a catastrophic breakdown of the offense that Babers has been installing for the past nine months.Stat to know: 67.4 percentColgate had a 67.4 percent success rate on fourth down attempts in 2015, going 31 for 46. The Raiders averaged more than three fourth down attempts per game and ranked eighth in the FCS in conversion percentage.Player to watch: Jake MelvilleMelville accumulated 3,625 yards last season, including 2,552 passing and 1,073 rushing yards. With that total, he accounted for 66.6 percent of Colgate’s offensive yards. He’s the gatekeeper of the offense, deciding whether to hand the ball off or not. Comments Related Stories THE SPREAD: From Texas to Syracuse, Dino Babers brings the Baylor-style offenseTHE CHOICE IS YOURS: Run-pass option plays key role in Dino Babers’ Baylor-style offensePROS AND CONS: How playing in the Baylor-style offense affects quarterbacks’ transition to the NFLSyracuse football roundtable: Key storylines, what SU needs to make a bowl and under-the-radar playersDino Babers’ 1st in-season press conference: James Pierre doesn’t qualify, young 1st-teamers and 3 a.m. movies Syracuse’s 2016 season will get underway on Friday at 7 p.m. against Colgate in the Carrier Dome. Here’s what to know about the Raiders.All-time Series: Colgate is Syracuse’s third-most played opponent with the 67th installment of the series coming on Friday. Even though the Raiders haven’t beaten the Orange in the 15 games since 1950, Colgate has just barely gotten the best of the series with a record of 31-30-5. The series was much more of a rivalry in the past that included a war of pranks between the two schools.Last Time They Played: Syracuse running back Delone Carter scored four touchdowns and led the Orange to a 42-7 dismantling of Colgate on Sept. 25, 2010. The win put SU at 3-1 and marked the first time since 2003 the Orange had won three of its first four games. Syracuse piled up 437 yards (260 on the ground). Carter finished with 14 carries and 172 yards.The Colgate Report: The Raiders will be Syracuse’s first ranked opponent, albeit ranked in the Football Championship Subdivision. They’re coming off a 9-5 season that ended in the FCS football quarterfinals — one of its best runs in program history. Colgate returns nine offensive starters and eight on the defensive end.“This is probably one of the most experienced football teams that we’re going to play all year,” SU head coach Dino Babers said.AdvertisementThis is placeholder textColgate is a running team that relies on several ball carriers out of its shotgun read-option offense. Four players ran the ball at least 120 times last season with the leader, Jake Melville (the quarterback), averaging 76.6 yards per game. The team averaged 206.4 yards on the ground per game. The Raiders threw only two interceptions all season, best in the FCS. Facebook Twitter Google+last_img read more