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The Cockburn Island Formation; Late Pliocene interglacial sedimentation in the James Ross Basin, northern Antarctic Peninsula

first_imgThe longest-known pectinid-bearing deposit in the Antarctic, the “Pecten-conglomerate” of Cockburn Island in the James Ross Island group, northern Antarctic Peninsula, is herein formally named the Cockburn Island Formation. A detailed account of its lithology, palaeontology, age and depositional environment is given. Deposition is thought to have taken place during a late Pliocene interglacial episode. The Cockburn Island Formation is younger than 2.8 Ma and is a possible correlative of the Scallop Hill Formation in the McMurdo Sound region, East Antarctica.last_img read more

Nicklaus Britt Ends Rose Invitational Tied For 26th

first_img Tags: Jared Kinoshita/Nicklaus Britt/Rose Invitational/Waikoloa FacebookTwitterLinkedInEmailWAIKOLOA, Hawaii-Wednesday, the Rose Invitational hosted by the Waikoloa Kings Course of Waikoloa, Hawaii concluded with Dixie State’s men’s golf team finishing 7th overall with a score of 291 (879).Former Millard High star, Nicklaus Britt, finished tied for 26th overall as he shot a 75 on Wednesday, finishing with a collective score of 222.Hawaii-Hilo, the host for this event, won the tournament with a collective score of 288 (857).The individual winner was the Vulcans’ Jared Kinoshita who shot a 68 on Wednesday, to finish at 205.This tournament concludes the fall season for the Dixie State men’s golf squad. Brad James October 31, 2018 /Sports News – Local Nicklaus Britt Ends Rose Invitational Tied For 26th Written bylast_img read more

Home Office immigration crackdown on Alternative Tuck Shop

first_imgHome Office Immigration Enforcement officers raided the Alternative Tuck Shop on Holywell St on Wednesday afternoon and arrested two staff members for illegally entering the UK.A spokesperson for the Home Office told Cherwell, “Acting on intelligence, Home Office Immigration Enforcement officers visited [the] Alternative Tuck Shop on Holywell Street in Oxford at around 1pm on Wednesday 29 May, where they carried out immigration checks on members of staff.“Two people were arrested for entering the UK illegally, a 26-year-old man from Bangladesh and a 27-year-old man from Algeria. “The Bangladeshi man was detained pending his removal from the UK, while the Algerian was granted immigration bail while the Home Office deals with his case.”He also explained the potential consequence the ATS may face because of these arrests: “The business will now have to provide proof to the Home Office that the correct right-to-work checks were carried out on the men or they will be fined up to £10,000 per worker for employing them.”UK employers are required by law to run checks on potential employees to make sure that they have the right to work in the UK. The checks consist of taking copies of original documents that prove that the person concerned is allowed to work. Employers must also ensure that work they give does not infringe on any restrictions on the type of work that their potential employees can do.If a person’s right to work is affected by time limits, employers have to renew their checks on documents every year. It is also illegal knowingly to employ an illegal worker even if the relevant checks have been carried out. After the arrests the ATS temporarily closed.Stuart O’Reilly, a student at Pembroke, who stood as the UKIP candidate for St Clement’s and Cowley Marsh in the recent county council elections, offered his more general thoughts on illegal immigration, commenting, “If [the ATS staff arrested] were working illegally then it means that they probably aren’t paying tax, they aren’t fully protected by the law and they don’t necessarily get the minimum wage.He continued, “The reason we have these laws on employment in place is for the protection of workers’ rights and to ensure that vacancies are fairly advertised. This is why there is such thing as legal and illegal immigration and eligibility to work, and I hope these laws are being enforced.”Nico Hobhouse, Co-Chair of Oxford University Liberal Democrats, commented, “Illegal immigration is, by definition, illegal. Migrants and their employers should abide by UK laws that regulate immigration.“However, we should not confuse the problem of illegal immigration with immigration in general. Most immigration benefits the economy and enriches our society and we should be careful not to react too strongly to instances such as those at the Alternative Tuck Shop.”One Lincoln second year commented, “Having travelled the long and dusty pilgramage from the Turl to Holywell St for my daily Chicken Satay Baguette (no salad), I reached the hallowed entrance to the most established Tuck Shop in Oxford, but was apologetically turned away by a member of staff who ushered a man in a security guard-style uniform inside.She added, “They said they would re-open in an hour, but unable to wait so long for my warm sandwich I instead turned to Taylor’s for a Cajun Chicken and Brie Flatbread, and so I can’t confirm how long the shop was closed for.”last_img read more

Oxford faces affordable housing crisis

first_imgA recent report by the Centre for Cities has ranked Oxford the least affordable city to live in and recommended expansion onto the city’s green belt.The average home price in Oxford is now 5.8 times the typical local salary and Oxford topped the ranking for unaffordable housing, beating Cambridge and London to first place.The report urged Oxford to prioritise building on brownfield sites, which could provide 1,500 new homes, but also to develop green belt land to provide 9,500 new homes within a 25 minutes’ walk from the train station.Significant areas of west Oxford were highlighted by the report for possible development of green belt sites. Such a solution has created controversy among members of Oxford’s student body, who stress the environmental concerns of building on the countryside that surrounds the city.OUSU Environment & Ethics Officer Xavier Cohen told Cherwell, “We do not need to build on the green belt. We are not facing a housing crisis. We are facing a housing allocation crisis. There are over double more long term empty homes than homeless families in Britain.”“We need to allocate houses to those who need them rather than to those who can afford to buy them.”Cohen said, “The environment should not suffer; landlords and the increasingly wealthy rentier class should”.However the report maintains that, in light of the housing crisis, a review of the use of green belt land is necessary. A Centre for Cities spokesman told the Oxford Mail, “The shortage of housing in Oxford has pushed up house prices, forcing residents and workers to spend more of their earnings on housing, or pricing them out of the city altogether.”“This in turn limits the ability of Oxford’s businesses to recruit the best workers.”The report stressed that local businesses had identified the “expansion of the city essential to support their growth”, with increased opportunities for recruitment.Citing Oxford’s strong economic links with neighbouring local authorities, it claimed that with “well-connected land in these authorities” there would be 98,770 homes and “considerable” contributions to the wider area’s economy. Yet, the report explained that “poor co-operation of local authorities” is “a significant hindrance to economic growth” in the city.It also noted that, “neighbouring authorities have frequently opposed the city wide Strategic Housing Market Assessment [SHMA], despite recognising the need for more housing in the area.”The assessment stresses the focus of development on housing with strong urban transport links. In a comparative section, the report argued that Cambridge have taken on the guidance of the SHMA more successfully in growing the city.This latest news comes a month after a group of squatters occupied the Old Power Station in Arthur Street, in West Oxford in order to host a series of events to draw attention to Oxford’s housing crisis.The squat was ended by the threat of a legal injunction from the University.last_img read more

Hundreds turn out for Oxford Pride

first_imgA brightly-coloured crowd filled the streets of Oxford today, as the Pride Parade wound through the city centre.For some it was a display of love, while for other participants it was a political message.True to its origins with the Stonewall Riots in late 1960s America, the parade featured flags and banners with various political messages.These included placards from major political parties, along with Wadham’s Red Flag, which commemorates certain movements through the years and features phrases like “End Apartheid!”In response to reminders that pride is political, we support LGBTQ+ Campaigns calls to combat transphobia in our university. Pride shouldn’t be the only time diversity is celebrated, and trans students should always feel respected in Oxford! pic.twitter.com/5MYxnirNfZ— Oxford LGBTQ+ Soc (@OULGBTQ) June 2, 2018Also represented were several charities, including blood drives and Cancer Research UK.The parade began at the Radcliffe Camera where a large crowd prepared flags, placards, and bandanas. Participants started on their way at around noon, walking from Radcliffe Square to Broad Street, up Cornmarket, and towards the castle quarter. ‘At the University of Oxford, 80% of trans students have experienced anxiety, 75% have experienced depression’ @OxfordStudents @UniofOxford #LGBTOxford #LGBTQOxford #PrideMonth #mentalhealth #transpride #OxfordPride pic.twitter.com/UI0zd9lExT— Dr Cleo Hanaway-Oakley (@CleoHanaway) June 2, 2018The parade ended near Oxford castle, where the True Colours concert offered drag numbers, choral singing, and grunge music.Near the concert were plenty of booths with Pride memorabilia and flyers for pro-LGBTQ+, political, or charity organisations.Every major political party had a booth except for the Conservatives, according to a Labour staffer.Such a fun experience walking the parade with my Oxford Health colleagues! #OxfordPride #PrideMonth pic.twitter.com/O4ybnPydCO— Laura Smith (@laurasmith1505) June 2, 2018Esther and Nicole, two young women from Bristol, told Cherwell that they came to Oxford just for the parade.Esther said: “We want to show our love and appreciation.”last_img read more

ANOTHER CONFEDERATE SYMBOL BITES THE DUST

first_imgANOTHER CONFEDERATE SYMBOL BITES THE DUST                                              Tyrades! By Danny TyreeAccording to the Washington Post, prestigious Vanderbilt University in Nashville, Tennessee is finally going to act on its long-held desire to delete the word “Confederate” from the inscription atop the columned entrance to Confederate Memorial Hall dormitory.(Under the terms of a 2005 court ruling, Vanderbilt is required to pay $1.2 million to the Tennessee division of the United Daughters of the Confederacy, who had donated money in 1933 for the dorm’s construction and naming rights.)I’m sure a lot of you are sighing, “It’s about time” or “Welcome to the 21st century” or “Now minority students and white-guilt sufferers and people who are mint julep-intolerant can live to a ripe old age without ever being traumatized about anything ever again”; but some aspects of the decision don’t ring true.Why no honorary degrees for students who WOULD’VE attended Vandy if not for the dorm name?Why no Vanderbilt-sponsored campaign to close Nashville’s Parthenon replica, that tribute to slavery, prostitution and state-sponsored religion?The change to the bland, generic “Memorial Hall” seems like a “no win” situation. Either freshmen will ask “WHAT exactly does the hall memorialize?” and someone will have to dredge up the past and tell them about the Confederacy anyway, OR freshmen will totally ignore the enigmatic name, showing just how uninquisitive the young scholars are.Maybe I’m still leery of the recent “not a ransom” cash transfer to Iran; but it sounds as if the university (or “anonymous donors” who are making the payoff on behalf of the university) is really paying a pretty hefty RANSOM for the name of the dorm, and setting a bad precedent.(“Thanks for recruiting my football standout son for the Vanderbilt Commodores.Right before school started, I had his name legally changed to ‘James Earl Ray.’ For $1.2 million I could have it changed back. His even more athletic younger brothers, Lee Harvey Oswald and Sirhan Sirhan, will be available next year.”)Someone please explain the logic of making this expensive name change. The stone-etched name on the building was a rather low-tech, non-flashy nod to the Southern cause.But now the United Daughters of the Confederacy (who APPARENTLY are plotting a return to secession and slavery!) have more than a million dollars to spend on statues, pamphlets and targeted social media campaigns!No wonder the press release credited the money to “anonymous donors” instead of “anonymous alumni.” Vanderbilt doesn’t want to take credit for such brilliant strategists!(I know: “Standing on principle is priceless.” But Vanderbilt COULD’VE been standing on $1.2 million worth of scholarship money!)My great-great grandfathers suffered the deprivations of war, the deprivations of Reconstruction and umpteen posthumous bad-mouthings by Hollywood. Could the university be magnanimous and extend its no-bullying policy to include kicking deceased veterans while they’re down?Inclusiveness, diversity and the “sweep history under the rug” philosophy have won the day. But will the victory and harmony be long-lasting?Now that the school has set a conciliatory tone, activists will inevitably get bored and start raising a stink about Cornelius Vanderbilt, who endowed the university. There will be all sorts of debates about the carbon footprint of his coal-devouring railroads, the land formerly owned by Native Americans that his railroads crossed, the (ugh!) livestock hauled on the trains, etc.Just watch: someday students will be flocking to Nashville to attend prestigious (bland, generic) University.FacebookTwitterCopy LinkEmailSharelast_img read more

Bakery with a kick

first_imgIt is the classic adage of every drug dealer to ’never get high on your own supply’ one which the management of America’s first ever ’caffeine bakery’ would be well-advised to issue to their bleary-eyed staff at the start of a 3am shift.The year-old bakery, named A Snack in the Face, was originally targeted at students in Iowa, but is planning to go national with its caffeinated brownies, cookies and truffles, by expanding into manufacturing premises. Created for people who hate coffee but love caffeine, the bakers had to jump a number of hurdles to come up with something edible. Originally, the plan was to mix caffeine powder with water, but powdered caffeine does not dissolve in water and tastes like battery acid, crushed aspirin or varnish remover.So how much caffeine can you get into a brownie and keep it palatable? Apparently, 400 milligrams, the equivalent of your average coffee chain brew, tasted grim and so they settled on 200mg, masked by sugar. “It’s exactly what grandma used to bake,” explains its unconvincing creator Allison Nelson. “We’re not wrapping up caffeine in a health bar here. We’re wrapping it up in a home-baked treat. Isn’t it about time you have caffeine and it tastes good?” Frankly no, given the buckets of tea and coffee Stop the Week already puts away in an average day.last_img read more

Listen To Chris Cornell & His Daughter Cover Prince’s “Nothing Compares 2 U”

first_img[H/T Rolling Stone] On May 18th, 2017, the world lost Chris Cornell, the lead vocalist for iconic rock bands like Soundgarden, Audioslave, and Temple of the Dog. However, Chris Cornell was more than just a famous musician; he was also a loved father and a husband. In honor of Father’s Day on Sunday, Cornell’s daughter, Toni Cornell, shared a previously unreleased duet with her father, in which the two performed a song from another lost musical legend, Prince.The recording features the father-daughter duo’s rendition of “Nothing Compares 2 U”, a track Prince wrote and composed for his side project, The Family, and which appeared on the band’s self-titled 1985 album. “Nothing Compares 2 U” was later made popular by Sinead O’Connor when the Irish singer released it as the second single on her sophomore studio album, I Do Not Want What I Haven’t Got, in 1990.Following The Purple One’s death in April of 2016, a death that similarly shook the music community to its core, Chris Cornell released his own acoustic rendition of “Nothing Compares 2 U”—a stripped-down and emotional tribute to Prince. Cornell would go on to perform this special song almost one hundred times before his own death a little more than a year later.With the release of this new duet, Toni Cornell shared some special words for her father:Daddy, I love you and miss you so much. You were the best father anyone could ask for. Our relationship was so special, and you were always there for me. You gave me courage when I didn’t have any. You believed in me when I didn’t. I miss your love everyday. Recording this song with you was a special and amazing experience I wish I could repeat 100 times over and I know you would too. Happy Father’s Day daddy, nothing compares to you. You can listen to Toni and Chris Cornell’s heartfelt rendition of Prince’s “Nothing Compares 2 U” below via Chris Cornell‘s YouTube page:Toni & Chris Cornell – “Nothing Compares 2 U” (Prince cover)last_img read more

BRO Ultimate 100: Adventure #55

first_imgPaddling in the wintertime isn’t for everyone, but if you’re looking for a good excuse to suck it up and hit the water, Andy Grizzell’s Iceman Race is a must-do. Adventure #55 on our BRO Ultimate 100 list, this annual event takes place on the Saluda River in Columbia, South Carolina, every January. From slalom to downriver inner tubing and the best damn BBQ in the South, Grizzell and the Columbia paddling crew know how to have a good time. Put it on your list for next year!Thanks to Joey Hall with Hocus Pocus Creative for providing additional video!BRO Ultimate 100: Adventure #55 from Blue Ridge Outdoors on Vimeo.last_img read more

Does your credit union feel LOST?

first_img“It’s ironic, butterflies get all the attention; but moths – they spin silk, they’re stronger, they’re faster.”If you didn’t know, I’m quoting a television show that ended seven years ago. Yes, I admit it, I’m a LOSTie. I watch all 118 episodes at least once a year. I long for the day where I may attend the LOST Convention held in Hawaii.Earlier this month, our friend and host of The Strategic Hotbox, Brandi Stankovic, spoke at our YMC Family Event. During her presentation she taught our clients how to “learn, love and kickass,” – and she also gave props to my favorite TV show. Hey, great minds think alike!She also gave a remarkable statistic: 48% of organizations in the United States could not – due to lack of skills – find a viable internal candidate if they had to replace the CEO right now. continue reading » 18SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Brand gaps from the Grand Canyon

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Grand Canyon A brand gap is any difference between what your credit or bank says it does and what it actually does.There are three types of brand gaps. Mark walks you through each of these brand gaps, and how to close them, live from the Grand Canyon. continue reading »last_img

Comment

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

Sheff Utd’s Wilder ‘better than Mourinho or Allegri for Man Utd or Arsenal’

first_imgAdvertisement Ole Gunnar Solskjaer and Unai Emery are both under immense pressure (Picture: Getty Images)‘He knows football, he’s a proper football person. Like Sir Alex Ferguson, Jurgen Klopp at Mainz, Pep Guardiola at Barcelona B – he’s shown what he can do.‘I believe there are managers in lower league football who are very gifted and deserve an opportunity. Chris has gone through the whole lot.’More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityNeither Arsenal nor Manchester United are hiring a manager at the moment, but Unai Emery and Ole Gunnar Solskjaer are both under huge pressure after struggling for results of late.The Gunners were held to a 1-1 draw at the Emirates by Wolves at the weekend, while the Red Devils lost 1-0 at Bournemouth.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesArsenal are fifth in the Premier League result after that point in north London, while United are languishing down in 10th after their fourth defeat in 11 league games.Things are not about to get any easier for Emery as he faces a trip to the in-form Leicester on Saturday evening, while Solskjaer cannot afford to drop any points when United host Brighton on Sunday.Before then, both sides are in Europa League action, with Arsenal going to Vitoria Guimaraes on Wednesday afternoon and Man Utd hosting Partizan Belgrade on Thursday.MORE: Unai Emery slammed for starting Arsenal outcast Mesut Ozil against WolvesMORE: Arsenal board give Unai Emery four matches to save his job Chris Wilder better option than Jose Mourinho or Max Allegri for Man Utd or Arsenal, says Tony Cascarino Phil HaighMonday 4 Nov 2019 1:32 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link489Shares Comment Advertisement Chris Wilder is doing a fantastic job at Sheffield United (Picture: Getty Images)Sheffield United manager Chris Wilder is the man to call if Manchester United or Arsenal are looking for a new manager, believes Tony Cascarino.Wilder has done a fabulous job with the Blades, gaining two promotions in three years to take the club from League One to the Premier League.Despite the rapid rise, the South Yorkshire side have not looked out of their depth in the top flight, currently sitting sixth in the table after hammering Burnley 3-0 on Saturday.His results have certainly caught the eye and former Chelsea striker Cascarino believes he is ready for a much bigger job, in fact, some of the biggest jobs in club football.AdvertisementAdvertisementADVERTISEMENT‘Man Utd job, Arsenal job – Chris Wilder? Absolutely,’ Cascarino told talkSPORT.‘There would be a snobbery around football that would go for Allegri or Mourinho. But I’m like, “No, I’d rather go with Chris Wilder.”last_img read more

Matteo Guendouzi to be sold by Arsenal this summer, predicts Kevin Campbell

first_imgMatteo Guendouzi to be sold by Arsenal this summer, predicts Kevin Campbell Coral BarryWednesday 15 Jul 2020 4:27 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link105Shares Comment Arteta has disciplined Guendouzi (Picture: Getty)‘The writing is on the wall on this one, and I can’t see him coming back into the fold unless he changes his attitude.’Guendouzi is not the only Gunner who appears to have fallen foul of Arteta.Mesut Ozil has also been sidelined by the head coach and was reported as a doubt for Arsenal’s clash with Liverpool on Wednesday night due to a back injury.But the German playmaker then posted on his Instagram that he was fit and ‘ready’ to play.Arsenal’s defeat to north London rivals Tottenham leave them languishing in ninth in the Premier League table and hopes of securing European football next season appear dead. Arteta previews Arsenal’s clash with league champions Liverpool.To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 15:51FullscreenArteta previews Arsenal’s clash with league champions Liverpool.https://metro.co.uk/video/arteta-previews-arsenals-clash-league-champions-liverpool-2210408/This is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.MORE: Sven Mislintat looking to raid former club Arsenal for Konstantinos MavropanosMORE: Mikel Arteta reveals plans to sign Arsenal’s own Virgil van DijkFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page.center_img Advertisement Advertisement Arteta barred Guendouzi from training with the first-team (Picture: Getty)Matteo Guendouzi will not respond to Mikel Arteta’s warnings and will be sold by Arsenal this summer, according to Kevin Campbell.Arteta dropped the Frenchman after he grabbed Brighton striker Neal Maupay by the throat and Guendouzi has not played since Arsenal’s defeat to the Seagulls.Guendouzi has been training by himself during his period of exile and speculation is rampant the midfielder wants to leave Arsenal.Arteta has refused to go into detail about dropping Guendouzi but recently warned his entire squad they could get on board with his demands or face leaving the club.ADVERTISEMENTCampbell, who made over 200 appearances for Arsenal, suggested Guendouzi has been training by himself because he has refused to make changes.AdvertisementAdvertisement‘I think that Guendouzi will leave the club this summer. Arteta has come in and he’s set a lot of disciplinary rules down,’ Campbell told Genting Bet.‘Guendouzi has fallen foul of those rules. I don’t think he’s the type of player who is going to knuckle down and that’s why he’s training alone. last_img read more

Institutionals cannot fully replace banks in infrastructure financing – EIB working paper

first_imgInstitutional investors can “play a bigger role” in financing infrastructure, but Inderst Advisory has concluded in a report commissioned by the European Investment Bank (EIB) that banks and other traditional channels of financing will need to be kept up as well.According to the EIB working paper, which compiles figures on institutional infrastructure investments worldwide, only around 1% of institutional assets, or $600bn-700bn (€441bn-514bn), globally are currently invested in infrastructure, not counting equity exposure via shares in infrastructure-linked companies.George Inderst – author of the study, entitled “Private Infrastructure Finance and Investment in Europe”, and chief executive at Inderst Advisory – said: “The analysis shows institutional investors can play a bigger role as a source of finance, but expectations should be realistic.“Even a strong shift in the average asset allocation from around 1% to 3-5% over 10 years could contribute only 5-10% of the estimated infrastructure requirements.” He said “traditional forces” of public and corporate capital expenditure needed to “keep working, as does bank lending, especially in Europe”.“Pension fund investment in infrastructure has been growing strongly in recent years but is still small compared with overall assets of $30trn,” Inderst said.  He added that pension funds’ average exposure to infrastructure was skewed mainly towards Canada and Australia, where allocations can be as high as 5%, while in Europe exposure is often well below the 1% average.Inderst estimated that the “general de-risking trend” in institutional investor portfolios had led to a reduction of equity exposure from 60% in 2001 and 2006 to 47% in 2012, while at the same time building an exposure to alternative asset classes such as infrastructure.“This implies a reduction of roughly $200bn of equity capital over this short period,” he said.The trend might be furthered by regulation.“There are concerns fair value and risk-based regulations for institutional investors could lead to further de-risking and pro-cyclicality, and may also be detrimental to substantially increasing infrastructure and other long-term investment strategies,” he said.last_img read more

Lady Trojans Defeat Lady Pirates In Girls Soccer

first_imgThe Lady Pirates soccer team hosted East Central Tuesday evening and lost 7-0 in an EIAC match.The Lady Trojans got on the board 5 minutes into the match and added three more first half goals while dominating possession for the entire match. The Lady Pirates had a couple of breakaways but did not record a shot in the game. East Central recorded 29 shots, 24 of them on frame. McKella Lynette made 17 saves in the match.The loss drops the overall record to 3-5-2 and 0-3 in EIAC play.The JV Lady Pirates also played a defensive match and fell 2-0 to the visitors. Emily Lowe made 20 saves of shots on goal. The loss drops the JV record to 0-2-4 on the season.The Lady Pirates will play their final regular season home match on Thursday when they host Shelbyville. Senior night recognition at 5:15 PM with the match at 5:30 PM.Courtesy of Pirates Coach Mike Myers.last_img read more