If correct, the decision would mean a victory for the so-called ‘social bloc’ in the government, headed by Olga Golodets, deputy prime minister for social affairs, which remains hostile to the funded part of the Russian pensions system.Golodets recently claimed the second-pillar system lost RUB200bn (€2.6bn) in 2015, a charge denied by the CBR, a strong supporter of the privately managed system.Since 2014 the Russian pension fund sector has faced an undeniably challenging period, including the obligation to convert to joint-stock status, receive CBR authorisation to sign up to the Deposit Insurance Agency (DIA) guarantee scheme, implement risk-management systems, generate returns in an investment-unfriendly climate and compete for new clients.For many pension fund members themselves, the changes have proved confusing, as shown by the results of last year’s NPF campaign to win new clients from each other, and from the PFR – those whose contributions were being managed by state-owned Vnesheconombank (VEB) or private asset managers.The campaign targets included the molchani – ‘silent ones’ who failed to choose an NPF or asset manager themselves and thus defaulted to VEB’s management.The molchani had been given until the end of 2015 to switch or remain with VEB.According to the PFR, in total, 13.42m fund-switching statements were sent, of which 5.48m were rejected.Of these, 2.46m were multiple applications from individual citizens.A further 1.3m applied to switch to an NPF not registered with the DIA.The number of DIA-registered funds, the only ones allowed to accept new members and also receive contributions frozen for the second half of 2013, grew to 33 by the end of 2015.A further four have signed up since.In addition, some 1.1m applied to join a fund that ended up being liquidated by the CBR for regulatory violations.Of the successful applications, 4.09m moved from the PFR system to an NPF, while 149,100 did the reverse.Some 3.14m switched from one fund to another, while 201,200 switched asset management companies.As of the end of 2015, VEB still acted for the largest share of insured (49.3m), while the number of NPF clients had grown by some 8.8m to 30.9m.A relatively small number – 460,000 – were signed up with private asset managers. Russia’s second-pillar pension funds (NPFs) may be facing another year of reduced inflows.In March, the Russian news daily Vedomosti reported that the finance ministry planned to extend the contributions moratorium, in place since 2014, into 2017.As in the case of the previous moratoria, the contributions will be diverted into the first-pillar Pension Fund of the Russian Federation (PFR) to help finance existing pensions benefits.Separately, Reuters reported that Bank of Russia (CBR) – the pensions regulator – and the finance ministry were now considering making the mandatory system voluntary.
PIMCO 1,451.71,462.4-0.7% Further readingTop 400 Asset Managers 2019: Cultures Change Is asset management a tech business, a people business, or both?Artificial intelligence: Let me tell you what you really think How are managers deploying natural language processing to analyse management sentiment in earnings calls? BlackRock5,251.25,315.4-1.2% Vanguard4,257.24,090.0+4.1% SSGA2,196.82,316.5-5.2% Fidelity Investments2.096.62,003.3+4.7% JP Morgan AM1,486.01,471.2+1% Most of the top 10 managers retained their ranking from last year’s survey. Only JP Morgan Asset Management managed to climb one spot to sixth place, overtaking Capital Group.Figures for the fiduciary AUM of both Mercer and Willis Towers Watson were included in IPE’s survey for the first time this year. Mercer was listed as the 82nd largest firm by assets, with €199.7bn under management, while Willis Towers Watson ranked 163rd with €77.5bn.The overall AUM of global managers grew by just over 1% to €66.4trn. The pace of growth is slowed significantly compared with the past three years: AUM grew by nearly 4% in 2018 and and more than 12% in 2017. Total global assets under managementChart MakerThis contrasts with the growth of assets managed on behalf of European institutional investors. European institutional assets grew 12% to €10.2trn in a significant reversal from last year’s survey, which reported a 2.2% fall in AUM.Total European institutional assets under managementChart MakerThe 2019 ranking of the 10 largest managers of European institutional assets is strikingly different from last year’s. BlackRock and Legal & General Investment Management maintained the top two spots, with €902bn and €808bn of AUM respectively.However, BNY Mellon IM replaced its subsidiary company Insight Investment in third place, having failed to report the figure in 2018 – although BNY’s €679bn figure includes Insight’s assets. PIMCO took fifth place, pushing APG Asset Management down one spot. Affiliated Managers Group entered the top 10, having reported European institutional assets as a separate figure for the first time.This article was updated on 6 June to clarify the relationship between Insight Investment and BNY Mellon IM.Click here to download the complete Top 400 table Capital Group1,467.31,504.4-2.5% Amundi 1,425.11,426.1-0.1% IPE Top 400 Asset Managers: Your source for institutional market intelligenceIPE offers unrivalled intelligence on over 400 global asset managers covering over 100 categories of products, strategies, asset classes, and key data areas. The data set is available to buy with a variety of purchase options.For more information please contact email@example.com . BNY Mellon IM1,498.21,585.9-5.5% Top 10 global asset managersIPE Top 400 Asset Managers survey 2019Company 2019 AUM (€bn)2018 AUM (€bn)Change Market volatility took a toll on several global asset managers last year, according to IPE’s Top 400 survey for 2019, with six of the top 10 groups reporting a lower AUM figure for 2019 compared with the previous year.BlackRock, State Street Global Advisors (SSGA), BNY Mellon Investment Management, Capital Group, PIMCO and Amundi all reported lower AUM at the end of 2018. Last year, four of the top 10 reported a year-on-year fall in AUM.However, the total AUM of the top 10 global asset managers in IPE’s annual ranking was roughly stable at €22.3trn. The share of assets managed by the top 10 managers was also stable compared with last year, at 33.7%.For the sixth year running, the top five biggest managers are BlackRock, with €5.3trn under management, Vanguard (€4.3trn), SSGA (€2.2trn), Fidelity Investments (€2.1trn) and BNY Mellon Investment Management (€1.5trn). BlackRock experienced the largest inflows out of the overall ranking during 2018, raising more than €100bn in assets. PGIM 1,204.81,160.6+3.8%
Residents of Barangay Tampalon, Kabankalan City, Negros Occidental qualified for the social amelioration program (SAP) observe social distancing while on queue to claim their cash grants from the City Hall on May 6. More than 60 percent of 4,051 villages in Western Visayas already posted the lists of their respective SAP beneficiaries as of Thursday. PCR KABANKALAN “More than 60 percent of the villages have already posted. Usually, the lists are posted in conspicuous places like barangay halls,” said Iglesia. ILOILO City – More than 60 percent of the 4,051 villages in Western Visayas have complied with the transparency policy regarding the national government’s social amelioration program (SAP) beneficiaries, the Department of Interior and Local Government (DILG) in Region 6 said.DILG-6 director Ariel Iglesia said Thursday the villages have already posted their respective lists of those eligible to receive the government’s cash assistance due to the enhanced community quarantine brought by coronavirus disease 2019. Iglesia said village officials in this region should not fear posting the lists if they were honest in the process of including only the eligible beneficiaries. “They post it after they already finalized the list,” he said.According to Iglesia, DILG-6 coordinates with the Department of Social Welfare and Development (DSWD)-6 to monitor the progress of the local government units in the payout. “This is one way of checking if they have given the SAP to only those who are qualified and without biases. It is also to show the public they did not do anything wrong,” he said.(With a report from PNA/PN) Qualified SAP beneficiaries in this region are entitled to a P6,000 cash assistance each a month for two months through DSWD. As of Thursday, DSWD-6 reported that 49 local government units in this region have already reached a hundred percent SAP distribution.
Being a Purdue graduate, it would be easy for me to make some kind of derogatory remark about IU. However, the situations that have occurred at IU since last season are unfortunate. Too many times we see college athletes making the news in a negative way.Six basketball players have had run-ins with local law enforcement all dealing with some type of substance abuse. It has been reported that 2 of these athletes have repeated run-ins with the law. It all started late in the last basketball season, recurred in April, and then earlier this month. This means that half of Tom Crean’s roster have, or will have, suspensions placed upon them.When an athlete is recruited, you hope your program keeps them focused on academics and athletics. Too often these young athletes use their new-found freedom to get into trouble. This is now unique to IU, and unfortunately, it is happening way too often at too many universities.
The Gordon Elliott-trained winner joined long-timer leader Uradel at the second-last and soon asserted going to the final flight, seeing off R ing Chief by three lengths under Kevin Sexton. The handler said: ” He doesn’t show a lot at home and I’d say he likes that soft ground. I’m not sure how strong a race it was, but he did the job nicely. He’ll come on a little bit with his jumping. He’s in at Leopardstown next week in all those races. The juveniles don’t look the strongest, so it wouldn’t be a big surprise if he turned out again.” Normal service for Mullins and Walsh resumed as French import Arbre De Vie made a winning start in the Fairyhouse Membership 2015 Maiden Hurdle. Walsh sat just off the pace in third before leading three out, going clear of Catalaunian Fields and maintaining that advantage to the line to reward those who sent him off the 2-5 favourite. Mullins said: “He’s more of a stayer. He gallops and jumps. I’ll probably go out further in trip with him and he might go for a two-mile-six or something when we are ready to see him back. He looks like a staying chaser. It’s all staying in his pedigree.” The trainer completed a four-timer when expensive purchase Stone Hard (4-7 favourite) took charge going to the final furlong in the concluding bumper and powered clear to win by three and three-quarter lengths in the hands of Patrick Mullins. Mullins snr said: “He’s a real big chasing type and has a great cruising speed. He’ll probably stick to bumpers this year. He doesn’t do anything flashy, but he gallops all day. That performance was good enough for me to get an entry (for Cheltenham). Patrick said he was idling but he was in control the whole time and had a lot in the tank.” Press Association Un De Sceaux made amends for falling on his chasing debut last month with an impressive no-nonsense victory at Fairyhouse on another good day for Willie Mullins. Mullins, who went on to a four-timer, said: “He had a scare at the first but he improved his jumping after and was a lot more sure at them. That probably frightened him and steadied him up. He took more notice of his fences after. “I don’t know where he’ll go now – it’s a bit close to Christmas. I think there is a winners race at Naas on January 4, but that might be a bit soon also. “I might wait to the middle of January. He’s so hard on himself in races so I won’t rush him back to the track. He’s a grand horse in the stables but in his races he’s very very keen.” RaceBets quote Un De Sceaux at 7-2 from 9-2 for the Arkle at Cheltenham, behind stablemate Vautour at 11-4. There was a swift double for Mullins and Walsh when Val De Ferbet made a winning fencing debut in the Promote Your Business At Fairyhouse In 2015 Beginners Chase. Prominent all the way, he led two out, where nearest pursuer Thunder And Roses fell, leaving the way clear for a three-and-a-quarter-length victory over 2-1 favourite Noble Emperor. Mullins said of the 3-1 winner: “It was a very good performance. He jumped like a handicapper and was gaining lengths at his fences. H e’ll have to go up in grade now. I was thinking he was more of a three-mile horse, but after today’s performance I think he could come back in trip if a nice race presents itself.” There was a reverse for the all-conquering team as the odds-on Uradel had to settle for fourth in the Book Online At fairyhouse.ie 3-Y-O Maiden Hurdle, which went the way of 5-1 newcomer Thunder Zone. The six-year-old blotted an otherwise impeccable copybook at Thurles as he crashed out three fences from home when seemingly in supreme control, and he was sent off the 1-5 favourite to put the record straight in the two-mile Irish Stallion Farms EBF Beginners Chase. Ruby Walsh predictably set off in front and built up a commanding lead as Un De Sceaux jumped with trademark enthusiasm from flag-fall, having only the eventual r unner-up Smashing in the same ballpark, and it could hardly have been considered a contest as the market leader surged to victory by 12 lengths.
Press Association Just below the very best over timber last season, Willie Mullins views him as a staying prospect in time, yet he started life in his new discipline over two and a quarter miles. Settled in third by Ruby Walsh, he was efficient if not spectacular for most of the race and when the contest began to develop there was a brief moment of worry. At the third-last, Shaneshill got in a little tight and lost a few lengths but on landing Walsh shook him up and he quickly shot past his rivals, meaning he approached the second-last with a few lengths to spare. On the run to the final fence only Walk To Freedom was still in touch and Shaneshill (1-4 favourite) pinged it to coast clear and make the perfect introduction in winning by three and three-quarter lengths. Hewas left unchanged as the 8-1 favourite with Betfred for the JLT Novices’ Chase at Cheltenham. Mullins said: “I was happy with what I saw and I don’t think he made any mistake. I was very happy the way he jumped the last three and he had to kick on over the last two. “I have no plans yet, he’s in all the good ones (over Christmas) but I’d like to keep him and Douvan apart. “He could step up in trip, but I’ll see what I have at Christmas – I hope to have the same problem in three weeks’ time!” Shaneshill, runner-up to Douvan in the Supreme Novices’ Hurdle last season, made a winning chasing debut in the Killinan Beginners Chase at Thurles.
… Trayon Bobb returns to National teamBy Rawle ToneyHULL City’s Elliot Bonds, Hapoel Haifa FC forward Emery Welshman and Margate FC’s Kadell Daniel were all named in coach Márcio Máximo’s 23-man squad to face Antigua and Barbuda tomorrow, when the CONCACAF Nations League continues across the region. Guyana opened their CONCACAF Nations League (League B) campaign with a 1-0 win over Aruba in Curacao, but Golden Jaguars went down 4-0 to Jamaica at the National Track and Field Centre, putting them in a must-win position to stay afloat in the league, to avoid relegation to League C and to keep their CONCACAF Gold Cup hopes alive.Daniel, despite not featuring as expected at this year’s CONCACAF Gold Cup, was instrumental in the Golden Jaguars qualifying for their first major tournament in the sport.Welshman, just after the Gold Cup, signed with Israeli professional club Hapoel Haifa FC but like Bonds, missed Guyana’s two matches against Aruba and Jamaica due to injuries.Bonds was highly praised for his defensive prowess during Guyana’s Gold Cup run and was badly missed against Aruba and Jamaica.Meanwhile, Trayon Bobb, who many believed should have been included in the Gold Cup squad, will make a return to International football since the qualification stage of the Gold Cup and Nations League earlier this year.Alex Murray, Akel Clarke and Sese Norville are the goalkeepers in the team, while Matthew Briggs, captain Samuel Cox, Kevin Layne, Sherwin Skeete and Kevin Dundas are the defenders.Danns will have Delwin Fraser, Clive Nobrega, Ryan Hackett and Daniel Wilson in the midfield, while Welshman and Holder will turn to Keanu Marsh-Brown, Bobb and Pernel Shultz up front.
Well, it’s over. The Pac-12 football season came and went in a flurry of exhausting games, thrilling finishes and broken records. With only Friday’s conference championship left to play, a solid half of the Pac-12 can claim a spot in the College Football Playoff rankings, with three of those teams in the top-15. No. 2 Oregon has the inside track to an NCAA playoff berth, while the upstart Arizona Wildcats would also have a strong postseason case with a win on Friday. Ducks’ quarterback Marcus Mariota is the frontrunner for the Heisman Trophy, and several players — including USC redshirt junior quarterback Cody Kessler — have used this season as a springboard for future Heisman campaigns. To cap things off, USC junior defensive end Leonard Williams could be chosen No. 1 overall in next spring’s NFL draft. So yeah, 2014 has been a pretty good year for the Pac-12 and an eye-opening one for the rest of the nation.Way back in mid-October, when I gave out my midseason conference awards, I mentioned how crazy the year had been to that point. As they say, I hadn’t seen anything yet. In that spirit, and in response to a Pac-12.com poll, here are some of my favorite moments from a wild season.Down go the CardinalWith one sack of Stanford quarterback Kevin Hogan, USC senior linebacker J.R. Tavai set the course for the entire the Pac-12 football season.“To be honest, it felt like a normal play,” Tavai said way back on Sept. 8, after his forced fumble secured a 13-10 for the Trojans. “But making a play that big comes once in a while. When the opportunity comes, you just gotta take it.”Tavai’s hit sent Stanford on a downward spiral, and the Cardinal’s 7-5 record was the team’s worst mark since 2008. Though head coach David Shaw’s squad ended the season on a high note with a 31-10 bludgeoning of UCLA, Stanford’s regression allowed Oregon to seize control of the Pac-12 north with little to no competition.NeuHeismanThis was supposed to be UCLA’s year. The Bruins clocked in at No. 7 in the AP preseason rankings, and expectations were sky high for quarterback Brett Hundley and the boys from Westwood. Though the team’s up-and-down regular season ended one win short of a Pac-12 Championship berth, UCLA’s postseason dreams were very much alive going into a marquee matchup with Texas on Sept. 13. Unfortunately, the Bruins faced the Longhorns without Hundley, and after two shaky wins with the Heisman candidate at the helm, things did not look good for head coach Jim Mora’s squad. But it wouldn’t be Pac-12 football if everything went as planned.In one of the most touching and surreal moments I’ve seen on television, backup quarterback Jerry Neuheisel led the Bruins on a game-winning drive while his dad — former UCLA head coach Rick Neuheisel — cheered him on in the Pac-12 Networks’ San Francisco studio. The Bruins picked up a 20-17 win, and the family got a memory that will last a lifetime.Answered prayersHow many Hail Mary passes were completed in the Pac-12 this season? In the immortal words of Lebron James, “not one, not two, not three, not four … ” O.K., there were only three, but boy, did they come at memorable moments.Arizona wideout Austin Hill started the trend, hauling in a 47-yard touchdown in the final seconds of a Sept. 20 victory over Cal. Only a week later, Kessler found sophomore wide receiver Darreus Rogers for a 48-yard score just before halftime of a win over Oregon State.In a perfect example of the nuthouse that is the Pac-12, the next week brought a third Hail Mary pass, once again of the game-winning variety. Weirdly, I don’t remember this one as well. Arizona State was involved. It’s possible USC may have been there as well. Who really knows? Either way, these exciting moments were more than an aberration. They are a sign of a deep, talented conference with little separation between the top teams. And there’s nothing wrong with that.Mannion’s MomentThis season didn’t go as planned for Oregon State. Coming off of a promising seven-win campaign, the Beavers finished 5-7, one win short of bowl eligibility. That did not stop quarterback Sean Mannion, however, who cemented himself among the Pac-12’s greatest ever signal-callers during a Nov. 1 loss to Cal. Mannion passed Matt Barkley’s career mark of 12,327 yards, becoming the conference’s most prolific passer of all-time. The record helped salvage a difficult season in Corvallis, Oregon, and will likely propel Mannion into a prime spot in the NFL draft.Scooby snackMany Pac-12 players had outstanding years, but few had the sheer impact of Arizona linebacker Scooby Wright III. Pundits are favorably comparing Wright’s 2014 season to Manti Te’o’s 2012 campaign, in which the Notre Dame linebacker finished second in Heisman Trophy voting. The statistics are certainly there; Wright’s 139 tackles, 27 tackles for loss and six forced fumbles all rank first or tied for first in the conference. Statistics, however, cannot describe the moment that defined Wright’s season and established the Wildcats as a legitimate national contender.Late in the fourth quarter of Arizona’s Oct. 2 upset of No. 2 Oregon, the Ducks had the ball with an opportunity to tie the game. In a matchup of the Pac-12’s eventual offensive and defensive players of the year, Wright sacked Mariota at the Ducks’ 39-yard-line, stripping the ball with one hand and sealing a 31-24 victory. The play crushed Oregon’s dream of an undefeated season and helped set up Friday’s all-important rematch.All of these moments capture the beauty and pain of college football, a sport that allowed Washington State quarterback Connor Halliday to throw for an NCAA-record 734 pass yards in a single game — and still lose. The Pac-12 encapsulates everything I love about football; cutting-edge schemes, unique atmospheres, weekly upsets and the joy/agony of never knowing what’ll happen next. Here’s to 2014, and bring on next season!Will Hanley is a junior majoring in political science and communication. He is also the sports editor of the Daily Trojan. His column, “Sports Willustrated,” ran Thursdays and will return next fall.
They beat Kildare by 0-11 points to 0-9 in Croke Park. The Premier have come through the backdoor and will meet Kerry on the 20th of September.Three Alan Tynan first half points sent the teams in at 6 a piece at half time and four points from man of the match Jack Kennedy helped Tipp qualify for the All Ireland final. A superb second half performance was enough for tipp to get there despite having Emmet Moloney sent off for a second yellow card.Its going to be a busy week for eight of the tipp panel who will be preparing now for the All Ireland minor hurling final on Sunday next.
Dancehall legend Buju Banton is scheduled to perform at BET’s ‘Saving OurSelves’: A COVID-19 Relief Effort’ on April 22.The event will be hosted by American actor Anthony Anderson, and Buju Banton is among a star-studded lineup which includes Alicia Keys, Usher, John Legend, Kirk Franklin, and many more.The focus of the event is to combat the racial disparities of the COVID-19 pandemic. During the event, a global check-in segment will highlight how various regions around the globe are coping through COVID-19.Buju Banton is gearing up to release his 13th studio album, titled “Upside Down”. The project will be his first since releasing “Before The Dawn” in 2010.According to Buju Banton, the album comprises of 20 tracks. Why? “Because it’s 2020… and another reason, after a 10-year absence, we try to give the people some music for that missing time.”The deejay also recently shared via Instagram that he was in the studio with popular American music producer and artiste, Pharrell Williams. Pharrell is responsible for some of the most popular hits of Rihanna, Madonna, Jay-Z, among other artists. The post has sparked excitement among fans that believe Pharrell will produce music on Buju’s project.His first single off the album, “Ganja Man” will be released on April 20.