​PensionDanmark cuts bonds, adds to real assets in face of low yields

first_imgTorben Möger Pedersen, CEO, PensionDanmarkThe high return was due to significant growth from stock markets in the period and rising bond prices as a result of falling yields, the fund said. It also cited stable returns on credit, real estate and infrastructure investments.Möger Pedersen said it was even more important in a low-return investment environment to keep costs down. PensionDanmark’s work on digitalisation by using robot technology and artificial intelligence had aided this effort, he said.The pension fund reported a rise in contributions to DKK6.3bn between January and June this year, from DKK6bn in the same period in 2018. Total assets grew to DKK257bn at the end of June, from DKK240bn at the same point in 2018. PensionDanmark has made further cuts to its government and mortgage bond holdings in favour of real assets, in a bid to temper the impact of low interest rates.In its interim results, the Danish labour-market pension fund reported a rise in pre-tax investment returns for the first half of 2019, to 9.6% and 6% for 45-year-olds and 67-year-olds, respectively. This compared to 0.5% and 0.6% for the age groups in the first half of 2018.Torben Möger Pedersen, PensionDanmark’s chief executive, said: “Of course we are pleased with the great return in the first half of this year. Looking ahead though, we are probably looking at a longer period with low – even negative – yields, waning economic growth and significant geopolitical uncertainty as a result of factors including the trade conflict between the US and China, and Brexit.”Because of this, he said, investors had to adjust to the returns on pension savings becoming markedly lower in the next few years than they were in the last decade. “Our reaction to the low yields is a further reduction in our investments in traditional government and mortgage bonds and continued growth in our investments in sustainable real estate and infrastructure in order to secure a satisfactory return for our members in a zero-interest rate environment,” said Möger Pedersen.In July this year Denmark became the first developed economy to record negative yields on all its government bonds across the yield curve, according to Reuters.Nordic 10-year government bond yieldsChart MakerPensionDanmark reported an overall investment return at this year’s halfway point of DKK17.5bn (€2.3bn) before tax – its highest ever half-year return – compared with DKK1.1bn the year before.last_img read more

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Jamaican-Born Designer D’Marsh Couture Joins COVID-19 Fight By Donating Masks

first_imgDesigner Glenroy March (in black) pose with the frontline workers at Brooklyn Hospital after making the donation. House of D’Marsh had its genesis in Spring 2003 when designer Glenroy March launched his Spring collection during Caribbean Fashion Week in Jamaica’s capital city, Kingston. This start gave rise to the pursuit of a passion by a talented Jamaican who would later go on to stun audiences not just locally but internationally. With an eye for detail and perfection, the New York-based March, honed his design skills at the prestigious American Academy of Dramatic Arts, obtaining practical experience while working in the costume department.  With a constant pulse on trends and new innovative combination, House of D’Marsh, seeks to marry sophistication with a fashion-forward sensibility. The House of D’Marsh has received numerous editorials in a variety of local and international fashion and consumer magazines. NEW YORK, NY – Jamaican-born designer Glenroy March and his fashion brand D’Marsh Couture has joined in the fight against the COVID-19 pandemic. The staff expressed their gratitude to the Jamaican-born designer adding that the fashionable masks will certainly add color and brighten their day. For every mask sold, they will produce and distribute a mask and head covering to healthcare workers. Additionally, with your donation, they will produce and distribute head coverings and masks for healthcare workers.  Here’s how you can help D’Marsh continue its support of the frontline workers. Visit their website: www.dmarshcouture.com/store as the designer is partnering with Av Norden to design, produce, and distribute essential protective gear for frontline workers. D’Marsh and his team will make another donation in the coming weeks to Brooklyn Hospital which will comprise additional masks plus head covering, before moving on to other hospitals in the tri-state. Recently, the independent fashion designer presented healthcare workers at Brooklyn Hospital with a donation of masks to thank them for their service. About House of D’Marshlast_img read more

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Inbet to boost betting volume through Atomic platform

first_img StumbleUpon Share Alberto Alfieri: Leading the way for Gamingtec’s B2C growth August 25, 2020 Inbet will provide its partners with the opportunity to enhance betting volume through the development of a ‘highly-customisable’ omni-channel platform, Atomic, that allows players to bet on more than 600 games from beyond the confines of the betting shop.Adapted to a country’s specific gaming regulatory requirements, it enables players to use one registration card and PIN, which gives complete freedom to place bets from any access point in the system, using both cash deposits or credit cards.Players distributed betting accounts are consolidated into one centralised profile, which facilitates streamlined account access from a variety of interfaces, including betting shop terminals, a self-service terminal, VLT or an an online mobile or desktop facility.It comes after Inbet – a provider for the lottery, betting, gaming and amusement industries – expressed a desire to provide customers with “the ultimate reassurance of privacy and safety of all their payment transactions made through a highly secured, single account”.Personalisation and ease of access differentiates the platform from others, as Atomic makes it considerably easier for operators to both register and manage accounts. It also tailors products and services according to the betting activity of individual players.Pavel Korolev, Business Development Director for Inbet Games, said: “Whether choosing a cash deposit or a credit card payment option at a bookshop, internet club, and sport bar or any other retail gaming outlet, ATOMIC gives players the ultimate reassurance of privacy and safety of all their payment transactions made through a highly secured, single account.“Featuring a wide range of individually customized gaming panels that include our best White Label solutions, ATOMIC will encourage your players’ gaming engagement to last longer and grow stronger even when they are physically away from your shop.” Submit Sweden: Soft2Bet CEO Chaikin on prospering in igaming’s brave new world August 18, 2020 Romania’s ONJN adds 20 sites to blacklist August 14, 2020 Related Articles Sharelast_img read more

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WHS Daily Bulletin: Brass Quartet, flute soloist get high ratings at State Music Festival

first_img Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments •Volleyball girls- Camp Forms, Fundraising forms and money need to be turned into the office. • Students in art, agriculture, business, construction and FACS classes are showcasing their work on Wednesday from 6 – 8 in the commons. Everyone is invited to attend. There will be drawings for cash prizes and food made by the students in culinary classes. And, don’t miss Kiss the Pig. •Help the Library create the ultimate young adult reading list by scanning the QR Codes on the flyers around the school. Let the Library know what books you want to read!  You can also go to: http://goo.gl/forms/yElq1CUx2b •BPA is holding a Kiss the Pig Contest to help raise money for Nationals in Anaheim California. There will be cans set up in Mrs. Case’s room and in the office. The person who has the most money will be kissing the pig at the 4th Annual CTE Showcase on April 29th. We encourage you to help us out and attend the showcase. •Seniors: You can turn in pictures for the Graduation video until May 1st. We will not accept any pictures after May 1st unless previous arrangements are made. Submitted to Sumner Newscow — Today’s Wellington High School bulletin for Monday, April 27, 2015:Monday• Softball at WHS vs Buhler 4:30 p.m.• JV Tennis at WHS 3 p.m.• Senior InterviewsTuesday• Tennis at Augusta 3 p.m.• JV Tennis at Circle 3 p.m.• Senior Interviews• Drama BanquetWednesday• Senior Meeting- 10 a.m.• CTE Showcase• Senior InterviewsThursday• JV Tennis at Winfield 10 a.m.• JV Golf at Tex Consolver 1 p.m.• Baseball at WHS vs. Winfield 4 p.m.• Softball at WHS vs. Winfield 4:30 p.m.• Varsity Golf at Hesston Golf Park 1 p.m.• Senior InterviewsFriday• Track at WHS 3:15 p.m.• FFA BanquetSunday• Baccalaureate -2 at First United Methodist ChurchTODAY’S LUNCH: Taco Soup, Tortilla Chips, Fresh Broccoli, Chilled Pears, Snickerdoodle and Milk Tuesday’s  Lunch:   Crispito with Red Sauce, Romaine and Tomato, Golden Corn, Chilled Peaches, Cheesy Bread Stick and Milk. Today’s News•Money for International Thespian conference needs to be turned in this morning. RSVP’s for the drama banquet must be turned in today if you want to eat at the banquet tomorrow. Thespian Induction fees must be paid by no later than tomorrow.center_img •There will be a Driver’s Education meeting on April 29th at 3:15 p.m. at the Middle School in the Little Theatre.  Please stop by the office, or speak with Mr. Wilmoth for more information. •Congratulations to Shayna Templeton, Jaryn Lloyd, Austin Nefzger and Haley Farley for receiving a 2 (excellent) rating for the brass Quartet performance at the state music festival on Saturday. Also congratulations to Marisa Black for earning a 1 (superior) rating for her flute solo. Today is:National Babe Ruth DayNational Tell a Story DayNational Prime Rib DayFollow us on Twitter. •Seniors: Please plan on attending the Senior meeting on Wednesday, April 29th at 10 a.m. in the auditorium. You will receive information regarding Baccalaureate, marching practice, graduation and your checkout forms. •Senior Parents: If you are interested in purchasing a senior ad in the yearbook, contact Ms. Ford at ktfordatusd353.com.last_img read more

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