Wednesday people roundup

first_imgDNB – Dutch pensions regulator De Nederlandsche Bank has appointed Marry de Gaay Fortman to its supervisory board (RvC) as of 1 July. De Gaay Fortman is a partner at law firm Houthoff Buruma. She succeeds Bert van Delden, who resigned on 1 November. DNB reappointed Kees Goudswaard for a four-year period on the board. Goudswaard is a professor of economics and social security at Leiden University and chairs an advisory committee of the Social and Economic Council (SER) on the future of the Dutch pensions system. The supervisor also extended the four-year term of Feike Sijbesma on the supervisory board. Sijbesma is chairman of the executive board of chemicals conglomerate DSM.ERAFP – Olivier Bonnet will become head of asset manager selection at France’s €23.5bn additional pension scheme for civil servants, effective 1 May. Pauline Lejay will replace him as head of socially responsible investment (SRI), having previously been SRI officer. (See here for more)Deutsche Asset Management – The head of the asset management firm, Quentin Price, is taking medical leave from the company. Price joined Deutsche in January from BlackRock, where he was head of alpha strategies. (See here for more)Aberdeen – Campbell Fleming has been appointed global head of distribution at the asset manager, having resigned from Colombia Threadneedle Investments, where he was chief executive for the EMEA and global CIO. Before Columbia Fleming, he worked at JP Morgan until 2009. At Aberdeen, Fleming succeeds John Brett, who stepped down from the role late last year.Northern Trust – The asset manager has appointed Aaron Overy to a senior institutional sales role with primary responsibility for the UK market, while Nigel Tyler has been appointed senior index equity portfolio manager. Taylor joins from BlackRock, where he was responsible for managing pooled and segregated index portfolios. Overy was most recently head of asset pooling sales at Northern Trust.HQ Capital – The German investment manager for alternative assets has expanded the size of its supervisory board with two new members: Barbara Knoflach and Philipp Geller. Knoflach is deputy chief executive and global head of investment management at BNP Paribas Real Estate. Geller is a partner at HQ Trust and worked at UBS for seven years before that.Linklaters – Philip Goss has been appointed partner in the law firm’s pensions practice, effective 1 May. Based in London, Goss joined Linklaters in 2006 and advises corporates and trustees on a range of pensions law issues, including scheme mergers, investment issues, buy-ins and buyouts and liability management exercises.Allen & Overy – Jane Higgins has been promoted to partner in the law firm’s pensions practice, effective 1 May. She joined A&O as a trainee in 2005 and qualified as a solicitor in 2007, joining the pensions team as an associate. Based in London, Higgins advises corporates, banks and trustees on all aspects of their pensions arrangements. Länsförsäkringar, Alfred Berg, SPK, Mercer, DNB, Länsförsäkringar, ERAFP, Deutsche, Aberdeen, Colombia, BlackRockLänsförsäkringar – Peter Norhammar and Petter Löfqvist have been hired by Sweden’s Länsförsäkringar as part of its move to bring domestic equities management in house. The two are both currently working at Nordic asset manager Alfred Berg and will start their jobs as portfolio managers at the insurance group’s unit LF Mutual Fund Company (Länsförsäkringar fondförvaltning) in the autumn. Norhammar currently heads up Swedish equities at Alfred Berg and is senior portfolio manager for Sweden. He is lead portfolio manager for Nordic listed real estate equities including the fund Alfred Berg Fastighetsfond (real estate fund) Norden. Löfqvist is senior portfolio manager for Sweden, in charge of Nordic and Swedish small caps.SPK — Jonas Årsjö has been hired within the finance unit at Swedish banking sector occupational pension fund SPK. His main duty will be managing investment manager analysis in alternative investments and fixed income investments. Årsjö was previously senior investment consultant at Mercer Investment Consulting in Stockholm, as well as head of investment consulting at the firm for Sweden. He has also had an active career as a basketball player, and has recently been working as club director for the Swedish basketball team 08 Stockholm Human Rights.Länsförsäkringar — Sten Dunér, the chief executive of Länsförsäkringar AB — part of the Swedish group of 23 mutual insurance companies — is retiring in the course of this year as planned, having been in the role since 2010. He was previously CFO at Länsförsäkringar AB, and has worked at the company since 1982. The firm said it had now started the process of recruiting Dunér’s successor.last_img read more

​Nordea Life & Pension Sweden makes €2.1bn sustainable investment shift

first_imgNordea Life & Pension Sweden announced it shifted SEK22bn (€2.1bn) of investments in the first six months of this year from traditional investments to sustainable investments with a low carbon footprint and strict sustainability criteria.The Nordea banking group unit said the move, which it described as its biggest investment change ever, followed a SEK7bn shift along the same lines in 2018.Peter Sandahl, head of sustainability at Nordea Life & Pension Sweden, said: “This is an important part of our climate strategy together with our continued active ownership and advocacy work.”Switching the SEK22bn of investments had reduced the portfolio’s carbon footprint by approximately 50%, the pension provider said. The work was part of a more comprehensive climate strategy, it said, aimed at ensuring that that its aggregated investments did not contribute to global warming exceeding 1.5 degrees Celcius above pre-industrial levels –  corresponding to the more ambitious Paris agreement target. Johan Nystedt, the company’s chief executive, said Nordea Life & Pension Sweden saw a clear increase in interest in sustainable savings, as well as a sharp increase in customer demand for  sustainable pension products.“We are also convinced that it is positive for the long-term return for our customers to integrate sustainability into our investment strategy,” he said.At the end of last year, Nordea Life & Pension Sweden managed SEK131bn of assets.last_img read more

WBB : Balanced offense leads Orange to victory over Golden Eagles

first_img Published on February 18, 2012 at 12:00 pm Contact Ryne: [email protected] Facebook Twitter Google+ Commentscenter_img A smile stretched across Carmen Tyson-Thomas’ face as Kayla Alexander elevated for another bucket on the left block. Her expression remained the same as the layup bounced around the rim before eventually dropping in.And the smile was still there as the Syracuse guard waited to make eye contact with Alexander before turning to run back on defense as Marquette rushed up the floor.Tyson-Thomas’ shovel pass to Alexander seconds earlier pushed the Orange’s expanding lead to 16 with nearly 12 minutes to play, and the junior knew Syracuse was well on its way to a win.‘When they’re playing Kayla up, she’s getting deep position in the paint, we’re getting her the ball up top with lobs, so I mean it’s just working,’ Tyson-Thomas said. ‘When your inside and your (outside) game’s working, that’s how you get Ws.’Syracuse (16-11, 5-8 Big East) defeated Marquette 79-63 behind a balanced offensive performance in the Carrier Dome in front of 892 Saturday. Four Orange players scored in double figures, and SU shot 54.4 percent from the field to run away from the Golden Eagles (13-13, 4-9 Big East) for the win.AdvertisementThis is placeholder textAlexander led the way with 23 points on an efficient 10-of-13 from the field. Tyson-Thomas added 15, Elashier Hall poured in 14 and Iasia Hemingway finished with 13 in an impressive offensive performance for the Orange.‘That’s huge, obviously, to have floor balance and to have balance in scoring is big,’ SU head coach Quentin Hillsman said. ‘I thought they did a very good job of scoring the basketball, and our team shot a high percentage.’SU got off to a slow start, hitting just one field goal in the first four minutes of action to fall behind the Golden Eagles early. But then the Orange found its rhythm and responded with a 14-2 run led by 10 points from Alexander.Syracuse took a seven-point lead into the half. The Orange appeared ready to break the game open after Alexander hit a tough shot inside to put SU up by 11 three minutes into the second half. But Marquette ripped off seven straight points in less than two minutes to close the gap to four.With the momentum quickly shifting after a 3 by Marquette guard Katie Young, Syracuse needed an answer. Hall provided it on the ensuing possession with a 3 of her own from the left wing, ending the Golden Eagles’ run to give SU a 46-39 advantage.‘It was just about being at the right place at the right time, honestly,’ Hall said. ‘… I just stepped in with confidence and knocked it down.’The Orange didn’t get overexcited after Hall’s clutch shot as the Syracuse guard, and her teammates showed no emotion getting back on defense. Instead, they dug in and went on a 16-0 run to put the game out of reach for Marquette with just more than nine minutes remaining.And unlike SU’s first big run of the game, Alexander got some help from her teammates.Four different players — Hall, Alexander, Rachel Coffey and Phylesha Bullard — scored during the decisive sequence. Coffey added a 3 after Hall’s, Bullard knocked down a jumper and finished a layup and Alexander made plays in the paint for SU.‘I thought we took great shots,’ Hillsman said. ‘I didn’t feel we forced any shot during that run. I thought that we got good floor balance, we got the ball reversed and we got very good, good shots.’The fifth player on the court, Tyson-Thomas, handed out two of her four assists in the game during the dominant run.Her first came on a perfectly placed lob pass to Alexander from the free-throw line to put Syracuse up 12. Tyson-Thomas could feel the Orange taking control of the game as she held her fist in the air, backpedaled down the court and urged her teammates to keep the energy level high.After Bullard came up with a steal and broke down the court for an uncontested layup, Tyson-Thomas made another play. The Syracuse guard grabbed an offensive rebound off a miss by Hall and dropped a pretty pass off to a wide-open Alexander with two Marquette players around her.That’s when she finally smiled and knew SU had the game in hand with just more than nine minutes to play.‘When we’re playing the way that we play, inside out and high-low and drive and kicking, you’re going to get open shots on the perimeter,’ Tyson-Thomas said. ‘It’s just up to us to knock them down.’[email protected]last_img read more

Griezmann would be a bargain at 11.9bn- Luis

first_img0Shares0000Atletico Madrid defender Filipe Luis admits the club would be letting Antoine Griezmann go on the cheap if his 100 million euro buyout clause is met this summer © AFP/File / PIERRE-PHILIPPE MARCOUMADRID, Spain, May 10 – Atletico Madrid defender Filipe Luis admits the club would be letting Antoine Griezmann go on the cheap if his Sh11.9bn (100 million euro) buyout clause is met this summer.Griezmann has insisted he wants his future resolved before the start of the World Cup, amid speculation the striker is set for a move to Barcelona. Barca striker Luis Suarez has spoken about Griezmann as though a deal has already been agreed, prompting Atletico’s chief executive Miguel Angel Gil Marin to say they were “fed up” with the behaviour of the Catalan club.Griezmann could leave Atletico on a high by winning the Europa League final against Marseille next week.“Griezmann is cheap, for sure, at 100 million euros in this market,” Filipe said.“It will seem even cheaper if he plays well in the final. That is the reality, but neither Griezmann, nor the rest of us, are thinking about this. After the final yes, but not before.“We all want to win and it has no effect. We are delighted to play with him, but we are not just Griezmann, many players have worked hard to make this final.“Without doubt he has been our most decisive player this season, so we want him to stay. But what happens afterwards is something completely separate from what happens this week.”Griezmann has scored 30 goals in 51 games this season, including a crucial away goal against Arsenal in the first leg of the Europa League semi-final.The Frenchman has formed a strong partnership with Diego Costa, who insists Griezmann’s focus is currently on the final in Lyon.“For a player, when Barca wants you, it makes you feel important,” Costa said.“But he knows that he is important for us and that we want him here. If then he leaves or not, it’s his decision.“I am very happy with him, with the group, and right now he is thinking of winning a title. If Griezman can make history here with us, win that title, then there’s time after for him to decide what to do.”0Shares0000(Visited 1 times, 1 visits today)last_img read more