Fund managers unprepared for AIFMD deadline, survey shows

first_imgAlternative investment fund managers appear unprepared for next week’s final deadline for compliance with the EU’s Alternative Investment Fund Managers Directive (AIFMD), in a survey conducted towards the end of June, with 47% of firms still not having filed.The one-year transitional period following implementation of the AIFMD, in which some alternative investment fund managers were given time to get authorisations in place, ends on 22 July.The survey by fund structuring firm Alceda and research firm Kepler Parters polled 56 alternative asset managers between 23 May and 30 June.At that point, 47% of respondents said they has still not filed under the directive, and only 32% said they were ready for the AIFMD. Some 19% said they were planning to submit an application before 22 July, and 13% were still unsure about their intentions, according to the survey.Georg Reutter, partner at Kepler Partners, said: “It’s clear the general understanding of the implications of AIFMD on the alternative fund management industry is low, with 41% of respondents to our survey stating that they have a limited understanding.”In particular, the survey showed that alternative asset managers with headquarters outside Europe could be “sleepwalking into the unknown”, despite the potential impact on their business, he said.The directive brings alternative investment funds – mainly hedge funds and private equity firms, but also some real estate funds – under EU regulatory supervision.It was drawn up to correct a perceived lack of financial regulation for hedge funds and private equity funds, seen by some as having exacerbated the global financial crisis.Authorisation under the AIFMD means fund managers will be subject to a range of new requirements in areas such as due diligence, risk and liquidity monitoring, reporting, disclosure and marketing.last_img read more

Classic beach cottages making a comeback

first_img The relaxed beach vibe is real at 84 Petrel Ave, Mermaid Beach.Mr Powell said there was a growing demand in Mermaid Beach for original homes that have been sympathetically restored and well maintained.“Original homes of this quality are super rare but the demand is there,” he said. “I had someone come through on the weekend looking for an old home to knock down and rebuild, but he said it was far too nice for that.” The renovated interior is fresh and modern. 29 Tamborine St, Mermaid Beach on for sale for $1.299 million.A bright blue beach cottage is turning heads at 29 Tamborine Street, Mermaid Beach which is on the market with an asking price of $1.299 million.The original timber flooring remains while the kitchen has had a modern makeover and the garage converted into a guest bedroom.“The bright colours are really coming back and people love the retro look,” said marketing agent Luke Henderson of Professionals.“We’re seeing a lot of these older cottages being renovated, rather than knocked down and people are really loving them.” MORE NEWS: Where at-home workers would rather be living 84 Petrel Ave, Mermaid Beach is both classic and classy.A cluster of cute cottages has hit the market in Mermaid Beach where the appetite is growing for classic beach shacks that have been tastefully restored.These single-storey retro retreats have become a rarity in the popular beachside suburb where original homes are mostly knocked down to make way for mega mansions. This unassuming beach cottage at 84 Petrel Ave, Mermaid Beach is for sale.A 1950s beach cottage at 84 Petrel Avenue, Mermaid Beach has been lovingly restored and maintained by the owner-builder who is selling after 17 years. The three-bedroom charmer features french doors, original timber floorboards, raked ceilings and a fresh white palette throughout. center_img The original cottage has been restored and maintained by the owner of 17 years.“It’s one of the best cottages I’ve seen in the area,” said marketing agent Guy Powell of Harcourts Coastal Broadbeach.“There’s nothing quite like it on the market.” A single level renovated home at 25 Sportsman Ave, Mermaid Beach is on the market.Also in Mermaid Beach, this single level fully renovated home at 25 Sportsman Avenue is only minutes from the beach at the end of a quiet cul-de-sac.The open plan living and dining areas flow through French doors to the undercover deck and yard where kids are free to play in the sun when they’re not at the beach. Gold Coast’s own Kardashian Palace stripped back for sale More from news02:37International architect Desmond Brooks selling luxury beach villa8 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago The kitchen has had a modern makeover at 29 Tamborine St, Mermaid Beach.Mr Henderson said the remaining cottages helped to maintain the relaxed beachside culture that Mermaid Beach is famous for. “There’s a lot of wealth in Mermaid Beach, but people walk around in their board shorts and drink at the surf club,” he said.“The locals are fairly relaxed and not everyone wants a brand new home.”last_img read more

Baker Investigated After Refusing to Make Gay Marriage Cake

first_imgThe Blaze 2 Feb 2013An Oregon man may have broken the law and is facing a state investigation after refusing to bake a cake for a same-sex couple’s wedding, KATU reports.KGW has details on the story:It started on Jan. 17 when a mother and daughter showed up at Sweet Cakes by Melissa looking for the perfect wedding cake. “My first question is what’s the wedding date,” said owner Aaron Klein.  “My next question is bride and groom’s name … the girl giggled a little bit and said it’s two brides.” Klein apologized to the women and told them he and his wife do not make cakes for same-sex marriages.  Klein said the women were disgusted and walked out. “I believe that marriage is a religious institution ordained by God,” said Klein.  “A man should leave his mother and father and cling to his wife … that to me is the beginning of marriage.” […]“I’d rather have my kids see their dad stand up for what he believes in then to see him bow down because one person complained.”One of the women filed a complaint on January 28– also saying Klein referred to them as “abominations unto the Lord”– and now the Oregon Attorney General’s civil enforcement officers are investigating the claim. But Klein says he never used harsh language and has no problem with homosexuals; he just doesn’t want to be a part of their marriage. read more

Smoking, Drinking to Cope “Likely to Have Opposite Effect”

first_img 161 Views   no discussions Share CoronavirusHealthLifestyleLocalNews Smoking, Drinking to Cope “Likely to Have Opposite Effect” by: – April 7, 2020 Smokers, drinkers and drug users are being advised that this is the best time to drop those vices,The Hon Health Minister, Dr Irving McIntyre says even those consumers who use substances and alcohol to cope with the stress and anxiety of the global crisis are not making the best decisions.“Given the nature of COVID19 in that it attaches the lungs and upper respiratory tract, this virus can be a serious threat those who smoke or vape,” Dr McIntyre said.He says alcohol as a coping mechanism , “is likely to have the opposite effect” and could reduce the ability of the immune system to cope.Dr McIntyre repeated the call to bartenders to adhere to the order against opening bars and  selling alcohol.He instead recommended other activities like conversation, online classes, virtual events, preparing family emergency plans, gardening, telecommunicating to deal with negative emotions. Tweetcenter_img Share Share Sharing is caring!last_img read more

Ikpeba wants Rohr’s contract renewed

first_img Loading… Promoted ContentWhich Country Is The Most Romantic In The World?10 Risky Jobs Some Women DoBirds Enjoy Living In A Gallery Space Created For Them8 Best Movies On Amazon Prime Video To Stream Right NowYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime5 Of The World’s Most Unique Theme ParksWho’s The Best Car Manufacturer Of All Time?8 Weird Facts About Coffee That Will Surprise You6 Extreme Facts About HurricanesThe Highest Paid Football Players In The WorldThe 10 Best Secondary Education Systems In The World8 Superfoods For Growing Hair Back And Stimulating Its Growth Rohr’s contract with the Eagles runs out in June and from this month he is free to discuss with other teams. However, Ikpeba said the Nigeria Football Federation (NFF) will do well to give the Franco-German coach a new deal based on what he has so far achieved with the team. “We’re still not the best team in Africa, but we have made some progress under Rohr, who has pushed his youthful team to play at the World Cup and finish third at the AFCON,” he argued.Advertisement Former Super Eagles star, Victor Ikpeba, has urged Nigeria Football Federation to extend the contract of Gernot Rohr. “We now need to give him a long-term deal so that he can continue the good work he has started.” Rohr first took charge of Nigeria in 2016, before the contract was extended till 2020. Read Akso:French coach eyes Gernot Rohr’s job This year, Nigeria will continue the quest to qualify for the 2021 AFCON in Cameroon as well as kick-start their campaign for the 2022 World Cup in Qatar. FacebookTwitterWhatsAppEmail分享 last_img read more

‘Ursula’ damage in Iloilo seen to exceed P104M

first_img* fish coral – P300,000 in Estancia * livestock / swine – 87 heads valuedat P521,000 (Estancia, P471,000; Batad, P50,000) ILOILO – Damage that this provinceincurred from typhoon “Ursula” is expected to exceed P104 million. “Indipa gid ini final kay partial data gihapon,”said Bionat./PN Corn losses covered 233 hectares andvalued at P34,041,000 (Batad, P19,593,000; Estancia, P14,448,000). Damage to other crops was 75.63hectares wide and valued at P1,930,500. * poultry – 2,138 heads valued atP611,000 (Ajuy, P459,000; Estancia, P152,000) * fishpond – P60,000 in Ajuy * fishing boats – 97 units valued atP4,510,820 (Estancia, P3,320,000; Ajuy, P1,030,000; Concepcion, P160,820) Here are the other losses that thefour towns reported: Bionat said 11,813 houses werepartially damaged and 2,420 totally damaged in 10 areas – San Dionisio,Balasan, Batad, Carles, Sara, Passi City, Concepcion, Ajuy, Estancia, andBingawan. PAN-AY RIVER BURSTS. This aerial shot of Pontevedra, Capiz shows the Pan-ay River overflowing, its murky water engulfing residential and commercial areas of the municipality, and turning vast rice fields into instant rivers as well. Other towns in Capiz also reported flooding, prompting the provincial government to declare a state of calamity. IAN PAUL CORDERO/PN The four towns were Ajuy, Batad,Concepcion, and Estancia. Their combined rice lands affected by the storm were902.80 hectares wide, incurring a damage in rice production reachingP61,216,050 (Ajuy, P22,990,000; Batad, P22,866,050; and Estancia, P15,360,000). * seaweeds, etc. – P1,541,980 inConcepcion Four towns have so far submittedreports to the Provincial Disaster Risk Reduction and Management Office(PDRRMO) and their combined losses reached P104,732,350, said office chief Dr.Jerry Bionat.last_img read more

Farmers Almanac says to prepare for an astrological treat in 2020

first_imgAccording to the Farmers Almanac, this year promises to be a stargazer’s treat, especially when it comes to full Moons. In 2020, we’ll have 13 full Moons, including 2 two Supermoons, and two full moons in one month—the second is known as a “Blue Moon.” And that occurs on Halloween, making it an even rarer occurrence!The first full Moon of 2020 howls onto the scene with January’s Wolf Moon on January 10th. And usually, we have one for each month, making the total 12 for the year. But on occasion, some months will have two full Moons. This is the case for October 2020: we’ll have a full Moon on Thursday, October 1st and again on Saturday, October 31st—a Halloween full Moon—which is not only rare in and of itself, but it will also be considered a “Blue Moon” because it’s the second full Moon of the same month.For more than half a century, whenever two full Moons appeared in a single month (which happens on average every 2 1/2 to 3 years), the second has been christened a “Blue Moon.” In our lexicon, we describe an unusual event as happening “Once in a Blue Moon.” This expression was first noted back in 1821 and refers to occurrences that are uncommon, though not truly rare.When you look at the full Moon on Halloween night, it won’t appear blue in color but you’ll be looking at something pretty uncommon. A full Moon on Halloween only occurs roughly once every 19 years (known as a Metonic cycle). If the full Moons are calculated using Greenwich Mean Time, that translates to approximately 3-4 times per century. So maybe the phrase “once in a Blue Moon” really belongs to a full Moon on Halloween!There is an alternate definition of a “Blue Moon,” which is based on a seasonal rule rather than a monthly rule:  Normally, there are three full Moons each season of the year. But when a particular season ends up containing four full Moons, the third then is referred to as a ‘Blue Moon.” For a Supermoon to occur, we can thank the shape of the Moon’s orbit, which is not a perfect circle, but an oval shape. That means when the Moon orbits the Earth each month, it reaches a point that’s farthest from the Earth, called apogee, and a point where it swings closest to Earth, called perigee.According to how most people define a Supermoon, it occurs when the Moon is at least 90% of the way to its perigee position at the same time it is in its “full” phase.last_img read more

Esports betting site SickOdds partners with Seven Star Digital

first_imgSickOdds, an esports betting company, has partnered with a customer acquisition company that deals specifically in the gaming industry, Seven Star Digital.The deal with see Seven Star Digital provide SickOdds with funding to aid with expansion, and it will provide its expertise in commercial and marketing to help the website grow in the ever-growing world of esports betting.Luke Eales, Founder & CEO at Seven Star Digital stated: “By combining our expertise in developing fast-growing, user-centric comparison sites with the SickOdds founding team’s knowledge and passion for esports – as well as their active engagement in the bustling esports community – we plan to forge a position as a leading portal for esports betting worldwide.PASPA’s recent repeal in the US creates the possibility of regulated esports betting in this potentially lucrative market. Our immediate focus, however, is on expansion in the UK and Europe, where we see a range of exciting growth opportunities.”The recent development – as mentioned by Eales – in sports betting in the US could have great results for esports. In mid-May, the Supreme Court finally came to a decision regarding the Murphy vs. NCAA case; eradicating the law that prohibited sports betting in the United States and deeming PASPA unconstitutional. This means states, at their own discretion, can legalise sports betting – and this may just involve betting on esports, too.Tom Wade, Co-Founder of SickOdds added: “Both myself and Nick Pateman, with whom I started the site, are extremely excited to work with Seven Star Digital. Our deep understanding of esports and what resonates with its fans give us an edge over more general sports betting sites. Our platform will provide the first esports betting aggregation of its kind, and we can’t wait to accelerate the development of its features with Seven Star Digital.”SickOdds’ current offering includes Counter-Strike: Global Offensive, Dota 2, League of Legends, Overwatch, Hearthstone, Clash Royale, Rocket League, and plenty of other titles.Esports Insider says: SickOdds is just one of a growing number of websites that offers esports betting, but in partnership with Seven Star Digital, it will be hoping to emerge as a frontrunner in the industry. We’re interested to see how the two companies decide to differentiate their offering from the competition.Sign up to our newsletter!last_img read more

SCEDC to hire part time/full time administrative assistant

first_imgThe Sumner County Economic Development Commission is seeking an administrative assistant to assist the Director with all aspects of the day to day operations of the SCEDC office.  Duties will include, but are not limited to, database and website maintenance, conducting Internet research, assisting with proposals, projects and grant writing, recording minutes for meetings, accounting duties, filing, maintaining Director’s calendar, answering phones, greeting clients, and attending meetings and seminars as needed.Part-time/Full-Time –Candidate must be flexible in how many hours a week they can work.  The minimum hours each week will be 20 but it may be as many as 40, depending on the work load.Requirements for the position include:Must be customer service oriented.Must have a high school diploma or equivalent.Ability to maintain strict confidentiality in matters concerning projects and clients.Ability to work effectively in a team environment and independently.Possess excellent verbal, written, and interpersonal communication skills.Must possess ability to multitask and problem solve.Proficient in using Word, Excel, Publisher and Power Point.Familiarity with website design and social media applications are a plus.Must be able to work flexible hours and travel as needed.Must be a Sumner County resident or become one within 6 months.Pay is dependent upon qualifications and experience.Submit Resume by close of business February 4th to:Sumner County Economic Development CommissionPO Box 279Wellington, KS  67152Email – scedc@co.sumner.ks.uslast_img read more

Tom Brady vs. the incumbent: Who would Raiders, Titans, Giants, others rather have in 2020?

first_imgEver see a GOAT on the move?Make no mistake, Brady is still a baaaaa-d man, and he likely is ready to empty the tank in the twilight of his career. It just doesn’t seem like the end of his career is going to come on the team with which he won six Lombardi Trophies. (Getty Images) (Getty Images) (Getty Images) There’s also the question of cost: Should the Titans go all-in on Tom Terrific, then how much money will be left to pay running back Derrick Henry, should they choose to re-sign him? (They absolutely should, as an aside.)Neither QB situation is perfect for the Titans. But if continuity matters — which it does, at least a little in the NFL — and stability matters, then the Titans should bring Tannehill back on a short-term deal and see if he can finish what he and Vrabel started in 2019. Tannehill did help lead them to the AFC title game after an exceptional season, and they knocked off the Brady-led Patriots in the process.Verdict: TannehillIYER: Brady’s best fits in NFL free agencyLos Angeles Chargers: Brady, Tyrod Taylor or a rookie QB?Rumor: The Chargers are keeping an eye on Tom Brady, per CBS Sports’ Jason LaCanfora.The Chargers unceremoniously ended the Philip Rivers Era this offseason because reasons. While the Chargers’ issues run deeper than QB, the facts remain that Rivers is out and LA is in the market for a new signal-caller.The Chargers are going to be looking at a QB in the 2020 NFL Draft, so regardless of who they pick, a veteran on the roster to help Anthony Lynn could alleviate so many issues. Tyrod Taylor is currently employed as the team’s backup, and he is well-respected around the league as a smart, capable QB.But even if the team is high on Taylor as a quick fix at QB while the neophyte learns, wouldn’t LA rather have the QB learning behind Brady? The answer seems obvious.Verdict: Brady (Getty Images) MORE: Tracking the latest Tom Brady rumorsWith the Patriots and Brady playing cat-and-mouse on the back pages, it seems increasingly likely that the three-time All-Pro will finish his career away from New England. Of course, that means there are countless teams ready to (reportedly) break the bank to secure TB12’s services.But just because Brady is an option doesn’t mean he is the best option. What happened in New England last season — the Patriots’ failure to advance beyond the wild-card round of the playoffs — was equal parts lack of true weapons and Brady’s performance.If Brady is going to be a bridge or Band-Aid QB, he is going to be the best on the market, even at age 42. But not all situations are created equally.Tennessee Titans: Brady or Ryan Tannehill?Rumor: The Titans are favorites to land Tom Brady, per ESPN’s Jeff Darlington.Tannehill shocked the world in a good way after he relieved Marcus Mariota of his starting duties midway through the 2019 season. Now Tannehill is a free agent with the Titans still being his best fit across the league.The Titans are ready to win now. Defensively, they’re among the best in NFL. While Brady could be a tantalizing piece, it feels like stability with Tannehill, while giving him a full offseason’s work as the starter, would be more valuable to this team than a move to a third starting QB in less than a year. Does anyone know for a fact Brady is an upgrade at this stage in his career?The Brady-to-Tennessee situation comes down to one question: Is a soon-to-be 43-year-old quarterback a better, safer bet than a 30-year-old QB coming off a career year? The answer seems simple — until one realizes that expecting Tannehill to replicate his successful season is like expecting Ryan Fitzpatrick to do the same. New England Patriots: Brady or the field?Rumor: It’s Brady and the Patriots.While the two parties tango, we’ve heard for years that the relationship between Brady and Belichick is tenuous at best, with Pats owner Bob Kraft filling out the weird football love triangle by devoting himself to Brady. The trade of once-future QB Jimmy Garoppolo pretty much solidified that line of thinking.While the Patriots took Auburn’s Jarrett Stidham in last year’s draft, it seems as though he will be more of a backup than a potential starter with sneaky potential.MORE: Explaining Patriots’ salary-cap crunchNew England got by in 2019 on two things: a strong defense and strong special teams. Offense was the problem all year, and whether that was due more to an aging Brady or a weak supporting cast remains up for debate. Tampa Bay Buccaneers: Brady or Jameis Winston?Rumor: The Bucs are “a threat” to steal Tom Brady, per Boston Globe’s Ben Volin.​Jameis Winston had a season worthy of a Netflix documentary in 2019. He is the first member of the 30 TD-30 INT club in NFL, which is now officially a thing.(Side note: As entertaining as that is to watch, it’s still important to not turn the football over, folks.)That said, the Bucs are faced with a truly impossible situation: Do they re-sign Winston and hope Bruce Arians can continue to work magic with him as QB1? Or do they attempt to sign Brady — who would almost certainly be an improvement over Winston — and squeeze the last bit of football out of his bones?The Bucs were a fun team to watch in 2019 not just for Winston’s Banner-and-Hulk act, but also because they were actually solid in Arians’ first year as coach. Armed with defensive coordinator Todd Bowles, if the Buccaneers didn’t have to sit through the Winston highwire act, then they would have won many more games behind consistent QB play. Consistently good, that is. Not consistently mediocre.Verdict: BradyOakland Raiders: Brady or Derek Carr?Rumor: The Raiders are set to pursue Brady in free agency, per ESPN’s Adam Schefter.The moment the clock started ticking on the second Jon Gruden era with the Raiders, it started ticking down on the Derek Carr Era with the Raiders. Now, with Brady an option on the open market, it wouldn’t be outlandish if the Raiders were to move on from Carr and bring Brady out to the desert.Gruden has done a good job building something with the Raiders in such a short time, and while Carr hasn’t been the problem in Oakland, he won’t be the solution in Las Vegas. With QBs aplenty in the 2020 draft, on the free agent market and via trade, the Raiders and Gruden will probably do extensive work on signal-callers this offseason. Brady is the one who requires the least homework. But should the Raiders take a QB in the first round this year, learning from (or stalking) Brady would potentially do wonders for a rookie. Brady seems to be the better bet in the short term over Carr. We’ve seen Carr’s floor, and his ceiling isn’t much higher. Even coming off a career-best year, Carr doesn’t seem to be the type of player to elevate those around him. Also, his cap number is massive, so the Raiders could stand to save some money.A move for Brady would be about the bottom line as much as it would be about winning or losing; filling seats in a new stadium is important, after all. Brady helps sell tickets.Vegas loves a show, and there’s no better show than watching the greatest ever.Verdict: BradyNew York Giants: Brady or Daniel Jones?Rumor: Don’t count out the Giants as potential suitors for Tom Brady, per the NFL Network’s Mike Giardi.Joe Judge has had an interesting start to his Giants coaching career. As of Thursday, he had yet to refer to either Daniel Jones or Saquon Barkley by name to the media, a questionable way to ingratiate one’s self with his team in 2020.Even with Daniel Jones’ inconsistency and turnover issues in 2019, it seems short-sighted for Judge to bench him (or worse) for Brady. Jones was much more polished than many believed he would be coming out of Duke, and he showed more good than bad (even if it was a slim margin) in a lost season. While the Giants had a ton of problems in 2019, Jones was probably 15th or 16th on the list, roughly.It would be career suicide for Judge and general manager Dave Gettleman to hitch their wagon to an aging Brady in hopes that they would make a run at the playoffs in 2020, which would almost certainly be the expectation. If Brady is going elsewhere at this stage in his career, it’s to start and win, not play babysitter and mentor. Realistically, the Giants are at least a year away from even being considered for a wild-card spot. Brady, even with the knowledge he brings to a QB room and a team in general, wouldn’t be enough to expedite that process.Jones deservedly took the starting job from Eli Manning in 2019, and he has earned some leash under a new coach who probably took the job knowing Jones is the long-term answer.Verdict: Jones But what is not up for debate is that Brady’s time in New England feels like it’s running out — or is already out. While the defense can remain a strength, there’s no guarantee Brady can fend off Father Time for another year en route to a seventh ring. It didn’t work in 2019, so there’s little reason to believe it will in 2020.That’s the business of football. Sometimes it’s just time to move on, and if there’s anyone who can figure out the next era of Patriots football, it’s Belichick.Verdict: The fieldlast_img read more