AP4 return slips to 1.9% in first half as equities fall

first_imgAP4, one of Sweden’s large national buffer funds, reported a return of 1.9% on investments in the first six months of the year, with domestic equities suffering a 2.7% loss.The fund, whose assets grew to SEK312bn (€33.1bn) by the end of June from SEK310bn at the end of December, said it was pleased with the result, even though it was well below the 6.1% achieved in the same period last year.Mats Andersson, AP4’s chief executive, who is stepping down from his job, said: “It is rewarding that AP4, with our long-term investment focus, delivers a positive total return despite stock market turmoil in connection with Brexit.”Over the past 10 years, he said, AP4 had generated an average return of 6.8% after expenses. Anderssen will be replaced by Niklas Ekvall on 1 October, and, in the meantime, AP4’s head of equities Per Colleen will act as interim chief executive.In absolute terms, AP4 made a SEK5.7bn profit in the first half of this year, down from SEK18bn in the same period last year.In the first half, AP4 paid a net contribution to the Swedish pension system of SEK3.2bn, up from the SEK2.4bn it paid in January to June 2015.Equities overall suffered a 1.9% loss for AP4 in the first half, with global equities making a 1.6% loss and Swedish equities losing 2.7%, according to the interim data.Real estate, on the other hand, produced a 9.8% return in the period, and fixed income generated 4.1% in returnsReal estate makes up 7% of AP4’s total assets, fixed income 33%, Swedish equities 18% and global equities 39%.AP4 said in its report that stock markets had opened the year negatively and recovered but then weakened again, with severe market turbulence during June in connection with Britain’s Brexit referendum vote.Equity markets in Japan, Europe and Sweden were among those to dip below the zero mark at mid-year, it said.However, currency and interest-rate developments bolstered overall returns.“Long-term government interest rates in major markets fell during the period resulting in a positive contribution to the total portfolio,” AP4 said.It added that the weakening of the Swedish krona against the euro, the US dollar and the Japanese yen had been positive for the valuation of the foreign assets in its total portfolio.last_img read more

Bishop calls on Catholics not to become “bench warmers”.

first_img 45 Views   no discussions Share Sharing is caring! Share Tweetcenter_img His Lordship Bishop Gabriel Malzaire. Photo credit: dioceseofroseau.orgRoman Catholics in the island are being called upon to fulfill their purpose of being a true Christian.That call has come from Bishop of Roseau His Lordship Gabriel Malzaire.His Lordship told Catholics at a Chrism Mass recently that they also need to recommit themselves to the work of the lord Jesus Christ.According to Bishop Malzaire, Catholic Christians should spend more time in the faith and cease from becoming “bench warmers”.“Our function still remains the same as it was in the time of Jesus. It is not the nature of a baptized Christian to be a bench warmer, or a spectator or simply a Sunday Catholic. We all have to be involved in the salvation mission of the church,” he said.Bishop Malzaire added that every baptisted Catholic ought to be an evangelizer.“Therefore if we are not we should not expect to get to heaven even if we are baptize. If we are not living our baptism through evangelization and Christian living, we have every reason to be afraid of end time predictions,” he added.Dominica Vibes News FaithLifestyleLocalNews Bishop calls on Catholics not to become “bench warmers”. by: – April 24, 2011 Sharelast_img read more

Pakistani girls sold as brides to China

first_imgLAHORE, Pakistan – Page after page,the names stack up: 629 girls and women from across Pakistan who were sold asbrides to Chinese men and taken to China. The list gives the most concretefigure yet for the number of women caught up in the trafficking schemes since2018. A report released this month by HumanRights Watch, documenting trafficking in brides from Myanmar to China, said thepractice is spreading. It said Pakistan, Cambodia, Indonesia, Laos, Myanmar,Nepal, North Korea and Vietnam have “all have become source countries for abrutal business.” The list, obtained by The AssociatedPress, was compiled by Pakistani investigators determined to break uptrafficking networks exploiting the country’s poor and vulnerable. The demand for foreign brides in Chinais rooted in that country’s population, where there are roughly 34 million moremen than women – a result of the one-child policy that ended in 2015 after 35years, along with an overwhelming preference for boys that led to abortions ofgirl children and female infanticide.center_img “One of the things that is verystriking about this issue is how fast the list is growing of countries that areknown to be source countries in the bride trafficking business,” Heather Barr,the HRW report’s author, told AP.(AP) But since the time it was put togetherin June, investigators’ aggressive drive against the networks has largelyground to a halt. Officials with knowledge of the investigations say that isbecause of pressure from government officials fearful of hurting Pakistan’slucrative ties to Beijing. In this May 22, 2019 file photo, Sumaira a Pakistani woman, shows a picture of her Chinese husband in Gujranwala, Pakistan. Sumaira, who didn’t want her full name used, was raped repeatedly by Chinese men at a house in Islamabad where she was brought to stay after her brothers arranged her marriage to the older Chinese man. APlast_img read more

BMS VB Teams Fall To Trojans

first_imgThe Batesville Middle School Volleyball Teams faced Sunman-Dearborn and each fell in a 3 game heart breaker.In the 7th grade game, the Lady Dogs got off to a great start winning the first game 25-16. After falling in the second game 25-15, the team was leading 12-10 but couldn’t close out the game falling 15-12.Abby Westerfeld led the team from the service line picking up 14 points on 17 for 19 serving including 6 aces. Macy Prickel chipped in 10 points including 8 aces. Macy had 6 hits with a kill, while Anna Bauer earned a kill on 4 hits. Ellie Cassidy and Sydney Huffner each earned a kill at the net.The 8th grade team started slowly falling 25-13. The second game was much improved as the ladies won 25-25 to push a third and final game. The team was serving for the match 14-11 but could not convert any match points eventually falling 15-14.Kylie Wanninger earned 9 service points while Kelsey Shupe chipped in with 7. Hattie Westerfeld led the team at the net with 2 kills and a block, while Caitlyn Broering, Tori Kurtz, and Maggie Walsman each recored a kill.The teams will face St. Louis in an away game this evening. Come out and support the girls vs. their crosstown rivals.Courtesy of Bulldogs Coach Shelly Prickel.last_img read more

Connie Jo Montgomery

first_imgConnie Jo Montgomery 60, of Moores Hill passed away Monday June 5, 2017 at Margaret Mary Health at Batesville. Connie was born Thursday August 30, 1956 in Batesville the daughter of Edgar and Mariam (Brayden) Mitchell.  She married David Montgomery June 30, 1973 and he survives. Connie worked as an LPN for several local nursing homes in the area.  She was a member of the Moores Hill American Legion Auxiliary.  She enjoyed reading, watching game shows on TV, camping, and spending time with her family.Her survivors include husband: David Montgomery of Moores Hill; son: David Mitchell Montgomery of Greendale; daughters: Tammy Montgomery of Moores Hill; Amy Jo Solomon and Elizabeth Rhoades both of Greendale; brothers: Frank (America) Mitchell of Rising Sun; Ron Mitchell of Bowling Green, Ky. 3- Grandchildren: Michel Hogston, Peyton Montgomery and Trinity Hogston.  She was preceded in death by her parents, 2 brothers, 2 sisters.Services will be 7PM Tuesday June 20, 2017 at Sibbett-Moore Funeral Home. Visitation will be 5-7PM Tuesday also at the funeral home.  Memorials may be made to the Diabetes Association.  Sibbett-Moore Funeral Home, Moores Hill entrusted with arrangements.  Go to www.sibbettmoore.com to leave an online condolence message for the family.last_img read more

Michonski, Nolan fight to the finish

first_imgBy Scott Owen The feature started with a four-wide battle to lead lap one with Vern Stedjee ahead of the pack by a bumper. The four-wide battle continued on lap two, but this time it was Tom Riehl leading the way.  On lap three, Nolan took his car to the front of the pack. Michonski moved to second on lap five and the lead duo began to pull away a bit from the rest of the field. Jason Czarapata notched his second IMCA Modified feature win while rookie Jeffery Teske won his second Karl Kustoms Northern SportMod feature. SHAWANO, Wis. (Aug. 24) – Nate Michonski and Trent Nolan brought the Shawano Speedway crowd to its feet as the two traded paint in the race to the checkered flag in Saturday’s IMCA Sunoco Stock Car feature. Nate Michonski was the winner in an IMCA Sunoco Stock Car feature that had the crowd on its feet Saturday at Shawano Speedway. (Photo by Turn 2 Photos)center_img On lap 17, Michonski pulled to the inside and led by the slightest of margins at the line. Nolan tried to return the favor on lap 18 as he went to the inside but to no avail.  Not giving up the chase, Nolan again pulled alongside Michonski on the final lap. The two made contact exiting turn four and rubbed again coming down the front stretch to the checkered flag. The crowd rose to its feet as Nate Michonski won by a nose over Nolan. Michonski prevailed for his first win of the year. last_img read more

Mr. Darrell Dewayne Yocum, Jr.

first_imgMr. Darrell Dewayne Yocum, Jr., age 39, of Vevay, Indiana, entered this life on January 13, 1980, in Lawrenceburg, Indiana, the loving son of, Darrell Dewayne Yocum, Sr. and Linda F. Land. He was raised in Switzerland County, Indiana and was a 1998 graduate of the Switzerland County High School. Darrell was united in marriage on July 30, 2008, in Vevay, Indiana, to Rachel Ann Ravenscraft. This union was blessed with three sons, Charlie, Austin and Alex. Darrell was employed for Belterra Casino & Resort in Florence, Indiana for a few years and was employed in maintenance for Wal-Mart for a few months. He was also employed for Arvin Sango in Madison, Indiana for several years and for American Racing in Warsaw, Kentucky for several years. Darrell enjoyed fishing, listening to music, NASCAR and was a Colts and UK fan. Darrell will be deeply missed by his loving family and friends. Darrell passed away on Saturday, February 9, 2019, near his residence.Darrell is survived by his sons, Charlie Robert Wyatt Yocum, Austin Ryan Dwayne Yocum, Alex Levi Norman Yocum all of Patriot, IN; his mother, Linda F. Land of Vevay, IN; his brother, Christopher Yocum and his wife, Trudy of Vevay, IN; his step-siblings, Heather Johnson and her husband, Matt of Florence, IN, Angel M. Back and her husband, Justin of Pleasant, IN, Savannah N. Kurtz of Vevay, IN, Christian Stroud of Dillsboro, IN, Matthew Stroud and his wife, Shannon of Moores Hill, IN and Patrick Stroud of Vevay, IN; his maternal-grandfather, Donald Dale Land of Dillsboro, IN; his maternal-grandmother, Patty Ellen (Smith) Savage of Milan, IN and his numerous aunts, uncles, nieces, nephews and cousins.He was preceded in death by his father, Darrell Dewayne Yocum, Sr., died January 18, 2019; his sister, April Michelle Yocum, died May 20, 1989; his paternal-grandfather, Norman L. Yocum, Sr, died January 16, 2018; his paternal-grandmother, Linda Lou (Walton) Keith, died March 9, 2009; his paternal-step-mother, Sheena Alaine (Perry) Yocum, died October 2, 2015; his maternal-step-grandfather, George Savage; his paternal-step-grandmother, Joanne Marie (McCormick) Kelley-Yocum, died May 11, 2012 and his paternal-step-grandfather, Kirby Keith.Funeral services will be conducted Friday, February 15, 2019, at 1:00 p.m., by Bro. Roy Duckworth at the Haskell & Morrison Funeral Home, 208 Ferry Street Vevay, Indiana 47043.Friends may call 11:00 a.m. – 1:00 p.m., Friday, February 15, 2019, at the Haskell & Morrison Funeral Home, 208 Ferry Street Vevay, Indiana 47043.Memorial contributions may be made to Mr. Darrell Dewayne Yocum, Jr. Memorial Fund % Haskell & Morrison Funeral Home. Cards are available at the funeral home or online at www.haskellandmorrison.comlast_img read more

Moyes vows to keep fighting

first_imgManager David Moyes maintains his Manchester United side will never give up the battle to close in on the top four of the Barclays Premier League after battling to a goalless draw at title challengers Arsenal. Press Association Chances were at a premium between the two sides in a match which ultimately failed to live up to its hype and a final result which leaves Chelsea top of the table by a point. Third-placed Manchester City did not play as their home game against Sunderland was postponed because of the severe weather, while Liverpool’s dramatic late 3-2 win at Fulham means United are now 11 points behind fourth place. “You saw how good Vida (Nemanja Vidic) was and how good Rio (Ferdinand) was when he came on. They are a great group of players and a very experienced group of players. They have been winners, all of them. “They all have medals and when you have won you want to win more. They are all still hungry and determined to be successful.” Moyes felt, on another night, United could have left north London with all three points. He said: “I thought we did a lot of good things in the game. We had good shape and were nice and compact. We had some good moments in the game. “We had a great chance in the opening minute. I thought whoever would have got the first goal it would have been important and we had a great opportunity to get that. “It (Van Persie’s chance) was a great move, a great ball from Wayne Rooney and a great header. The goalie made a great save and near enough pulls it out of the back of the net. “On another night Robin might have had a hat-trick. He had three good chances.” When Arsenal did get into second gear as the hour passed, Antonio Valencia cleared a header off the line from Arsenal defender Laurent Koscielny. Giroud just could not get on the end of a great cross from right-back Bacary Sagna, while United keeper David De Gea twice saved from Santi Cazorla during the closing stages. Arsene Wenger was pleased with the response from the 5-1 trashing at Liverpool last weekend, if somewhat frustrated by the final result. He said: “It was important not to lose, but it was also important to win. “I felt we were nervous. “Our team was highly focused not to concede, and that maybe restricted our game going forward a little bit because we were certainly hit by the five goals we conceded on Saturday, and you could feel that here.” Arsenal now host Liverpool in the FA Cup fifth round on Sunday and then tackle Bayern Munich in the last 16 of the Champions League. Wenger said: “(It was) first (about) not losing tonight, then (we can) come back to our normal level offensively. “We have come out of two difficult games and are still in a strong position, that is the only positive.” United, though, could well have left north London with victory but for a brilliant save from Wojciech Szczesny which pushed a bullet header from Robin van Persie, the former Arsenal skipper, onto the crossbar. Van Persie had also missed a great chance inside a hectic opening period, which also saw Arsenal forward Olivier Giroud head wide from four yards. United, knocked out of the FA Cup in round three, now have a training break in Dubai before they resume Premier League action at Crystal Palace on February 22. “All I can do, and I keep saying it, is we will try and win the next game and pick it up,” said Moyes, whose team had drawn 2-2 at home to Fulham on Sunday. “If there is one club in history who have been great at winning games in the second half of the season and putting pressure on the teams above, it is Manchester United. We will continue to try and do that and make it work. “We can only do our job the best we can. We want to play better. We cannot bother about other teams. We can only put pressure on by winning our games.” Moyes added: “I believe the desire is still there in the squad. “I see them and they are great lads. They are fantastic with their training and their commitment is first class. last_img read more

Ozil targets Ballon d’Or victory

first_imgGerman playmaker Mesut Ozil will take no notice of the critics as the Arsenal midfielder remains convinced he has the ability to one day win the Ballon d’Or. Press Association The 26-year-old, however, has every confidence in his own ability. Speaking to German newspaper Bild, Ozil said: “If I continue to develop well and stay healthy, I would like, in the next few years, to hold the Ballon d’Or in my hands. I am convinced that it can happen. “I am feeling very positive. I am a world champion and I play at a top club in the Premier League. “There is much more of a physical test here than there is in Spain or in the Bundesliga – I constantly have bruises, but that makes me harder. I feel physically better than ever.” Ozil missed Arsenal’s win at Newcastle on Saturday through illness before flying out to Germany ahead of international duty. The midfielder was subsequently spotted in a Berlin nightclub, with Arsenal set to get the player’s version of events when he returns ahead of the Premier League match with Liverpool on April 4. Germany manager Joachim Low, however, played down the issue ahead of Wednesday’s friendly against Australia. Arsenal could be boosted by the return to fitness of midfielders Mikel Arteta and Jack Wilshere after the international break, along with full-back Mathieu Debuchy, who suffered a shoulder injury in January. center_img The Gunners’ club-record £42.5million signing has produced some consistent displays since returning from an injury lay-off earlier this season, helping Arsene Wenger’s side back into the top four of the Barclays Premier League and the semi-finals of the FA Cup at Wembley. Ozil, though, remains an enigma for some who are left perplexed at a perceived laid-back style from the former Real Madrid player. last_img read more

John wins Urban Benjamin Memorial Road Race -Niles, Gopilall category winners

first_imgDESPITE torrential rainfall and storm-like weather conditions, a field of over 30 of Guyana’s top cyclists showed their immense talent and endurance to complete the 74-mile route of the 3rd Annual Urban Benjamin Memorial Cycling Road Race in Essequibo.At the end of it all, Team Coco’s wheelsman, Jamual John, stood tall and claimed an Ounce of Gold as his winner’s prize; however, it was not without the sternest of challenges from Team Evolution’s Paul DeNobrega, Michael Anthony and United We Stand cyclist, Horace Burrowes.Junior Niles copped the U-45 Category titleThe race, which began at Charity, saw the cyclists pedal off under gloomy conditions but, with just about two miles gone, the heavens opened and the rains came pelting down.In the initial breakaway, the peloton included last year’s winner, Christopher ‘Chicken Legs’ Griffith, along with Curtis Dey, Anthony, Andre Green, Andrew Hicks, Briton John, DeNobrega and eventual winner, John.The leading pack held together to reach the turnback point at Supenaam and on the return leg to Charity, John led a breakaway with Anthony, DeNobrega, Dey and Burrowes in tow.The quartet would maintain that lead until the finish which saw a four-man sprint to the finish line.John exploded with about 50 metres to go and beat DeNobrega to cross the finish line in a time of 3 Hours 3 minutes 15 seconds.Coming in third place was Anthony while Burrowes settled for fourth.Briton John came in fifth and Andre Green was sixth.Ajay Gopilall was the top Junior cyclistJunior Niles was the top Veteran’s U-45 cyclist and claimed an Ounce of Gold while Alex Menez was second and Stephen Fernandes third.In the Over-45 category, Paul Cho Wee Naam claimed the top spot ahead of Ian Jackson and Horace Burrowes who were second and third respectively.The race was sponsored by the Gomes Family and organised by Team Evolution Cycling Club.last_img read more