Institutional investors seen boosting real asset allocations

first_imgInstitutional investors are set to ramp up their exposure to real assets over the next three years, according to a new study by Aquila Capital.Among real asset categories, property is seen as they type of asset offering the best opportunities, the alternative asset manager found.In the research, which polled 54 institutional investors based in the UK and Europe at the beginning of February, 21% of respondents said they expected the rise in exposure to real assets would be “significant”.On the other hand, 7% said they expected to see institutions reducing their exposure during the three-year period in question. Nearly half (44%) of institutional investors in Europe said they had more than 10% exposure to real assets, according to the study.Some 41% of respondents said they were positive on the investment outlook for real assets, while 10% were negative.Property came out as the real asset type offering the greatest investment opportunities over the next five years, with 33% of respondents taking this view.Next in the ranking came infrastructure, with 18%, followed by commodities, farmland and renewable energy – all with 15%.The key drivers behind investors’ appetite for real assets were long-term positive cashflows, protection against inflation and portfolio diversification, the research found.Other factors were the ongoing need for the attractive risk/return profile offered by the investments and growing familiarity with the asset class due to existing allocations.last_img read more

Cricket News Malcolm Nash, the first bowler to concede six sixes in an over, dies at 74

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. Yuvraj Singh hit six sixes off Stuart Broad in T20Is.Herschelle Gibbs hit six sixes off Dan van Bunge in ODIs in 2007 World Cup.Malcolm Nash was the first bowler to be hit for six sixes in an over in cricket. New Delhi: In cricket, there have been four instances of a bowler being hit for six sixes in one over. Sir Garfield Sobers was the first one to achieve the feat, followed by Ravi Shastri, Herschelle Gibbs and Yuvraj Singh. Sobers, the former legendary West Indies all-rounder, was the first one to achieve the feat and the unlucky bowler was Malcolm Nash, whose name was forever associated with the feat. On Sunday, Nash, who took 993 first-class wickets in a 17-year career between 1966 and 1983, while also scoring 7,129 runs and holding 148 catches has died at the age of 74. Nash’s name was forever linked with that of Sobers after the West Indies star went on the attack during a County Championship match between Glamorgan and Nottinghamshire at Swansea in 1968. It was the first time any batsman had hit six sixes in an over in first-class cricket. Sobers had been frustrated by his team’s slow progress as Nottinghamshire were approaching a declaration and Nash was experimenting with slow bowling.”Malcolm was a true Glamorgan legend whose exploits have gone down in club folklore. His name is connected with that of Garry Sobers… but he was a fantastic cricketer who was an integral part of the club’s history and the side that lifted the County Championship in 1969,” chief executive Hugh Morris told the club’s website. Nash died in hospital in London after being taken ill at a function at Lord’s Cricket Ground on Tuesday. The over has been well-documented in cricket chronicles. Playing for Nottinghamshire, Sobers decided to up the ante and he decided to target Nash. The first ball was clobbered to wide long-on and the second was pulled to deep midwicket. The third ball was lofted straight down the ground while the fourth was pummelled over long leg for a fourth consecutive six. The fifth ball was lofted to long-off where the fielder took the catch but he crossed the ropes as anticipation reached fever pitch. Sobers created history when he dispatched the sixth ball out of the ground at deep square leg to become the first individual to create this feat. Years later, during an interview in Vancouver, Sobers remarked about the feat. “It was unfortunate what happened to Malcolm. It was a world record and it put both of us on the world map. It does not matter whether it is right or wrong as it takes two to tango. Without Malcolm, I could not have been there and without me, Malcolm would not have been in the record. I had just gone to Notts for my first County season and I had a little wager with Leslie Ames wife. She had said what position do you think Notts would finish considering they have finished last in 16 consecutive years. I told her that I could help the team finish in the top four. She said, ‘you are good but not that bloody good.'”center_img highlightslast_img read more

Beat Writers split on predictions for Syracuse-North Carolina State matchup

first_imgComing off a near-upset over then-No. 25 Louisiana State, Syracuse (2-2) travels to North Carolina State (3-1) to take on the Wolfpack at 12:20 p.m. at Carter-Finley Stadium. Last season, N.C. State edged the Eric Dungey-less Orange, 35-20.Joe Bloss (3-1)Blow the house downSU 21, N.C. State 17Syracuse had its chances to beat LSU. If a few more tackles were made and a certain kickoff was booted into the back of the end zone, we might be talking about the greatest win of Babers’ era at SU. Those small details will go the Orange’s way this week, giving it a huge road win over the Wolfpack that will reverse the course of its season. The defense will cut out the big plays and score once to make the difference. Eric Dungey will complete close to 30 passes and Steve Ishmael will continue to dominate because short throws might be all SU can get. I didn’t drive for nearly 12 hours to see anything else.Sam Fortier (3-1)Pack a WallopN.C. State 31, Syracuse 28Dino Babers’ frustration at the podium in Baton Rouge, Louisiana, last week said it all. His team, he said, hadn’t known how close they’d come to pulling off the upset of a lifetime. The two or three plays per game separating Syracuse from a “moral victory” to one on the scoreboard showed up again, as they have so often in the past few years, save Virginia Tech in 2016. This week, Syracuse faces a team that did all the little things it needed in order to upset then-No. 12 Florida State. Until Syracuse exhibits a similar execution, it’s tough to give the Orange the benefit of the doubt.AdvertisementThis is placeholder textMatthew Gutierrez (3-1)No PackSyracuse 24, N.C. State 17The Wolfpack owns the 11th-best rushing defense in the country (92.3 yards per game), meaning the Syracuse offense rests entirely on Eric Dungey’s right arm. That’s not an issue, because he can chuck it and the SU defense is good enough to hold down the fort. Syracuse could use two wins — this weekend at NCSU and next against Pittsburgh — before No. 2 Clemson visits the Carrier Dome Oct. 13. Behind another strong defensive effort, SU sneaks past the Wolfpack on Saturday afternoon for a big road victory.Tomer Langer (3-1)Running on emptyN.C. State 30, SU 23Purely based on how the two teams match up, this is arguably a more difficult matchup for SU than last week’s tilt against LSU. As Dino Babers and company have raved all week, that front-seven is legit, and the Orange offensive line is still growing. Last year N.C. State dominated time of possession against Syracuse — it held the ball for more than 40 minutes — by moving methodically on offense and deploying it’s stellar pass rush. Now, Eric Dungey wasn’t available for that non-contest which is a huge factor. But we saw in Week 2 that the one way to slow him (and the offense) down is with a stellar pass rush. The Orange will compete, but N.C. State’s efficient offense led by quarterback Ryan Finley and it’s destructive front-seven, led by Bradley Chubb, will be too much for SU to handle. Comments Facebook Twitter Google+ Published on September 30, 2017 at 10:58 amlast_img read more

Men’s Hockey: Badgers continue to struggle, get swept against Michigan State

first_imgThe University of Wisconsin men’s hockey team (7-10-1, 2-7-1-1 Big Ten) dropped both games in East Lansing Friday and Saturday night against the Michigan State Spartans (8-7-1, 6-3-1).In the first matchup, Spartans’ goalie John Lethemon held firm throughout, shutting out Wisconsin en route to a 3–0 win. Saturday was a much closer affair, but Michigan State still found their way on top in a 5–4 overtime victory.Men’s Hockey: Inconsistencies continue to plague Wisconsin against MinnesotaThe No. 19 University of Wisconsin men’s hockey team (6-7-1, 1-4-1-1 Big Ten) struggled immensely against the University of Minnesota Read…Lethemon put on an amazing performance Friday night, turning back a total of 41 Badger shots on goal, including a few point-blank opportunities.Wisconsin forward Alex Turcotte was denied on three chances near the net, and fellow freshman frontliner Cole Caufield rung the post twice but never finished.On top of that, more missed opportunities from junior forwards Sean Dhooghe and Linus Weissbach meant the defense really didn’t have much to work with.With 8:11 left on the clock in the first, MSU junior Tommy Miller scored his first goal of the season after putting home a pass from Logan Lambdin. It was the only score of the period and gave Michigan State a 1–0 advantage.In the second, Spartan freshman Jagger Joshua and junior Brody Stevens found the back of the net to open it up to 3–0.UW goalkeeper Daniel Lebedeff turned back 20 of 23 shots through two periods, but was pulled in favor of senior Jack Berry. Berry shut out MSU in the third, but it didn’t make much of a difference as the Spartans held their lead.Men’s Hockey: Inside Caufield’s early experiences as a BadgerThe immense hard work of Wisconsin Hockey’s recruitment has finally paid off. Freshman forward Cole Caufield is climbing the ladder Read…Wisconsin came out with a little more firepower Saturday night and jumped out to an early 1–0 lead when Ty Pelton-Bryce tucked one home at the 11:00 mark in the first.Just a minute into the second, Spartan forward Patrick Khodorenko evened it back up. Wisconsin wasn’t done, though, and Caufield scored back-to-back goals within eight minutes of each other to push the lead out to 3–1.But it was a game of runs, and Michigan State went on a big one through the third period. Mitch Lewandowski scored a goal early in the period before adding another just a few minutes later.In between Lewandowski’s goals, a short-handed goal from Sam Saliba turned the tables upside-down.Men’s Hockey: Crease Creatures craziest student section in hockeyThe No. 7 University of Wisconsin men’s hockey team (4-2-0, 0-0-0 Big Ten) has impressed in a major way through Read…After taking a 4–3 lead, the Spartans played conservatively to try to run out the clock. It gave Wisconsin the ability to put the pressure on, and with just 21 seconds left before the final buzzer, Wyatt Kalynuk sent the puck top-shelf to force overtime.Extra time didn’t last long and saw MSU work the puck around the offensive zone before Khodorenko went far corner to send Spartan fans home happy with a 5–4 win.It was a crucial series for a UW squad who faced falling out of the top 20 with losses. Now, the Badgers will have to fight their way back in after a red-hot start to the season had people talking about them as one of the top teams in college hockey.They’ll have to wait almost a month, but will return home Jan. 10 and 11 for a home series with The Ohio State University. The break should give the Badgers some time to figure out what has gone wrong in their last month of play.last_img read more

This ‘comedy’ is no longer a laughing matter!

first_imgDear Editor,The Coalition Government should be nominated for the Best Comedian Award at the next Oscar Awards Ceremony, and I am sure they will outclass all the others by miles!Firstly, they refused to accept a matter of simple mathematics; not calculus or trigonometry, but simple arithmetic. It was a matter of simply finding the majority of 65. Even a Grade 5 student would have told them that the answer is 33, and not 34.The erudite and learned Senior Council Mr Nigel Hughes bewildered the Attorney General, another ‘learned’ Senior Council, (and that was effortless) into believing that the majority is 34, and not 33, as is succinctly outlined in our Constitution. Even though the learned High Court Judge ruled that it is 33, they had to take it to our Appeal Court to make the 34 stand, albeit temporarily. It did appease them for a while after a much controversial decision granted in their favour; it was 2 to 1 in favour.Maybe some judges need to be nominated into that category as well!Our final Court of Appeal, the Caribbean Court of Justice, ultimately made minced meat of our ‘learned Attorney General and his legal team. The decision was a historic landmark which will forever be etched in the legal annals, since it once and for all shattered the nonsensical argument that 34 is the majority of 65.The Coalition’s team also took a sound trashing in constitutional law and jurisprudence. It not only taught Basil Williams and Nigel Hughes basic arithmetic, but gave them a lesson in a simple and literal meaning of Article 106 (6) of our Constitution.But this scenario is not the only reason for the Oscar nomination.Secondly, one would have thought that after the legal trashing by the CCJ, the Coalition would have sharpened up their basic English skills. But that did not materialise. It seemed as though the mindset of the Attorney General is rooted in absolute ignorance of the literal interpretation of Constitutional laws. But alas! Not only him, but ‘learned’ lawyers in the Coalition, such as Nagamootoo and Ramjattan!These should be nominated for comedians in a supporting role! They do not seem to understand that our Constitution already provided a 3-month time period wherein General and Regional Elections must be called after the date of successful passing of the no-confidence motion (NCM). There is no compromise, unless a two-thirds majority agrees to extend this timeline, which is an absolute impossibility! The Opposition is simply not interested.But the comical theatrics did not stop there. Ramjattan had to make himself a mockery when he told Berbicians that the President should submit a list of nominees for the GECOM Chair, and that since the Leader of the Opposition rejected Granger’s list, then Jagdeo is not acting in ‘good faith’! He kept chattering about ‘consensuality’ and ‘hammering’ out a positive outcome, but Ramjattan failed to realise that there is an Article in our Constitution which provides for the process which must be adhered to, and the CCJ made this clear: that ‘consensuality’ should be in accordance with that Article.Nothing outside of that was recommended, as Ramjattan wants Berbicians to believe. This man should stop thinking that he is the only ‘bright boy’ Berbice produced! Article 161(2) should be ‘hammered’ into his senses. It provided the steps in this process, wherein it is the Leader of the Opposition who must provide the names of the nominees and, if rejected, it is the President who must, according to the CCJ, provide reasons for his rejection. It must be recalled that Chief Justice (ag) Roxane George-Wiltshire had likewise so adjudicated.Moreover, the President is bound to do so, having now regard for the 3-month time limit. Any attempt to stall and frustrate the speedy appointment of the Chairman is unconstitutional and against the ruling of the CCJ.Lastly, what makes this comedy more laughable is that these comedians failed to realise that house-to-house registration, apart from being unwarranted, will not be in accordance with the 3-month time limit; therefore, any continuance with this process is in complete defiance of the CCJ’s ruling: that General and Regional Elections must be held within 3 months, as per our Constitution.This is an election for which GECOM had since 21 December, 2018 to prepare. It is time for Granger to select the GECOM Chairman from the list provided by Jagdeo; someone who is ‘not unacceptable’ to him, and announce the date for elections. This ‘comedy’ is no longer a laughing matter! Ramjattan should quit his asinine statements to Berbicians!Yours sincerely,Haseef Yusuflast_img read more