Clear performance measure needed for fiduciary management – Russell

first_imgTrustees in the UK need a clearer and more objective way to measure fiduciary management performance if they are to gain confidence in the investment approach, according to Russell Investments. In a survey it conducted among 95 UK trustees about their experience of fiduciary management, the firm found trustees were using a range of different performance measurements to assess how well their fiduciary managers were performing. These included their scheme’s funding level and its performance in relation to the legacy portfolio, as well as absolute returns and the performance of individual mandates relative to asset class benchmarks, Russell Investments said. Shamindra Perera, the firm’s head of UK institutional, said: “Fiduciary management today lacks the objective metrics trustees need.  “Without clearer industry standards and more transparency from providers on performance, it is hugely challenging for trustees to evaluate services and feel confident they have made the right decision for their scheme.”In the survey, six out of 10 trustees who had implemented fiduciary management said performance was the most important consideration when they selected the managers, and 79% said performance was the most important factor when reviewing their services. Russell Investments also looked at why some trustees did not use fiduciary managers. The poll showed that 44% of trustees who had considered but rejected fiduciary management did so out of concern they would lose too much control, with 44% specifically afraid of losing touch with the investment decision-making process. On the other hand, 68% of those who adopted fiduciary management did so to be able to spend time on investment issues more efficiently, the firm said. Some 54% believed it would allow them to pursue a more ambitious investment strategy, according to the survey.last_img read more

Disney Wins “No Wait” Lawsuit Against Woman with Autistic Son

first_imgA federal judge has ruled in favor of Walt Disney World, after a disability advocate from the Orlando area sued the company on behalf of her adult autistic son.Donna Lorman, who serves as president of the Autism Society of Greater Orlando, sued Disney in 2014 to get her son immediate access to the FastPass lines at the theme parks.“Disney Parks have an unwavering commitment to providing an inclusive and accessible environment for all our guests. We are pleased with the court’s decision,” Disney spokeswoman Andrea Finger said in a statement.Lorman filed the lawsuit came after Disney World changed its policy seven years ago in response to reports of tourists hiring people with disabilities and terminally-ill children to help them skip long lines and ride multiple times.Disney subsequently created its new system the Disability Access Service Card, or DAS, which allows people with disabilities get return times for rides, similar to a FastPass, so they do not need to wait in a line.When filing her complaint, Lorman said she wanted 10 passes to the Magic Kingdom, so her son could ride his favorite attractions quickly by getting directly into the FastPass line.Otherwise, he would have had to get an advance reservation to come back later.The extra waiting was difficult for her son, who did not understand the concept of time, according to his mother.She accused the parks of not accommodating his disability.However, Disney argued that it is not required to provide unlimited, front-of-line passes for every ride under the Americans with Disabilities Act.Federal Judge Sides with Disney in Disability Lawsuit #disneyworld #wdw https://t.co/Ve4AsbQaoQ pic.twitter.com/QM4RrSWRq1— Inside the Magic (@InsideTheMagic) July 1, 2020 If disabled guests received two more re-admission passes, the standby line at Magic Kingdom’s popular Seven Dwarfs Mine Train coaster would increase by 39 minutes, from 69 to 108 minutes, the company argued in court documents.In a decision reached June 22, U.S. District Judge Anne Conway sided with Disney, ruling that it was “unreasonable” for the company to give such access to Lorman’s son. It would make Disney’s system ripe for abuse again, he wrote.“Requiring the modification, based on the history of the former system, would lead to fraud and overuse, lengthen the wait times significantly for non-disabled guests, and fundamentally alter Disney’s business model,” Conway explained.Conway said Disney could “recover its cost of action.”“To say that I am disappointed would be an understatement. I really truly believe in what I was fighting for,” Lorman wrote to a reporter after the ruling.During the trial, she testified that her son, who was 22 when she filed the lawsuit, has moderate to severe autism that makes communication difficult and following a routine essential.Otherwise, her son could melt down. For example, he needed to visit the Disney rides in a particular order, she said.In response, Disney’s defense team said Lorman should have planned her visit better, in order to adjust to the new rules.last_img read more

Class C soccer season nears halfway point

first_imgBLUE HILL — The Hancock County high school soccer season is nearing the halfway point, and the George Stevens Academy boys are the only team to have traversed the early part of the schedule without a loss.GSA is currently 4-0-2 with wins against Bucksport, Searsport, Mount Desert Island and Houlton and draws against Dexter and Ellsworth. The Eagles have scored 19 goals and allowed seven and are currently third in Class C North behind Fort Kent (4-1-1) and Orono (4-0-2).GSA is at home against Orono at 4 p.m. tomorrow, Sept. 21. The game will be a rematch of last year’s Class C North quarterfinals, in which the Eagles rode a Taylor Schildroth hat trick to an upset of the top-seeded Red Riots.Elsewhere in Class C North, Bucksport and Sumner are also in playoff positions. With their win Tuesday against Sumner, the sixth-place Golden Bucks now have three wins to their name this season after going winless last year. The Tigers defeated Narraguagus 6-0 last week and are still in 10th place with a record of 1-3-1.This is placeholder textThis is placeholder textOn the girls’ side, Bucksport (seventh) and GSA (ninth) are currently in playoff spots. The 4-2 Golden Bucks have scored in every game this season and are looking to build on last season’s appearance in the Class C North semifinals.last_img read more

Gallery: Syracuse advances to ACC tournament semifinals with win over N.C. State

first_img Related Stories No. 17 Syracuse buries N.C. State with 12 3s in 80-61 win to advance to ACC tournament semifinalsCornelia Fondren guides Syracuse to win down stretch against N.C. StateTaylor Ford’s status uncertain heading into ACC tournament semifinal against No. 2 seed Louisville Published on March 5, 2016 at 1:44 am Contact Evan: ecjenkin@syr.edu Facebook Twitter Google+center_img Commentslast_img

Badgers offense flops in 10-7 loss to Oregon State

first_imgRunning back Montee Ball spent his day searching for holes along the offensive line, finishing the game with 61 yards on 15 carries. In Corvallis – for the first time in 21 games – the senior tailback failed to reach the end zone.[/media-credit]Corvallis, Ore. – Aspirations of something even greater than a Rose Bowl berth for Wisconsin football almost certainly came to a humbling end at Reser Stadium Saturday, as Oregon State defeated the Badgers 10-7.Perhaps, based on postgame interviews, nobody informed UW transfer quarterback Danny O’Brien what exactly was expected.“The one positive in all of this is that our guys did not stop fighting, and if we get that, we have a chance to tie or win the game,” O’Brien said. “We fought until the last second and felt good about it.”Still, despite a five-point victory over Northern Iowa last week, few expected the Badgers to have to fight until the last second to simply have a chance against the Beavers.Instead, the Beavers’ defense dominated the now-unranked Badgers, holding the powerhouse offense of a year ago to just 207 total yards and last year’s Heisman Trophy finalist, running back Montee Ball, to 61 yards on 15 carries.Oregon State’s defensive performance also shattered two Wisconsin streaks – Ball’s 21 straight games with a touchdown and the team’s 33-game regular season nonconference winning streak, which was the second-longest active streak in college football.“That is one of the best (defensive performances), probably that has ever been in that stadium,” Oregon State head coach Mike Riley said. “It was just a beautiful job, a great mixture of stuff, but the players played like crazy.”The Badger’s best opportunity to get back into the game was dashed late in the third quarter. Wisconsin forced a punt and Oregon State punter Keith Kostol was unable to hold onto the snap and was tackled by David Gilbert deep in Beaver territory.The Badgers drove all the way to the Beavers nine-yard line, but on second down, O’Brien showed poor pocket awareness and ran into OSU defensive end Dylan Wynn, fumbling the ball as he was sacked. The Beavers recovered the ball, making it the second turnover of the third quarter for O’Brien after an earlier interception.Still trailing 10-0 with less than three minutes left in the game, the Badgers went 64 yards on eight plays and scored their only touchdown on an 11-yard pass from O’Brien to tight end Jacob Pederson, avoiding their first shutout since 1997.Wisconsin, void of timeouts, had one last shot to recover an onside kick and did… or so it was first ruled.UW kicker Kyle French dribbled the ball straight off the tee and appeared to allow the ball to roll exactly ten yards before jumping on the ball himself with 1:31 remaining, but the play went under review for several minutes and was ultimately overturned, securing the Oregon State victory.The Beavers held the Wisconsin offense, which averaged 44.1 points and 469.9 yards of offense in 2011, to just seven points.“There just wasn’t any room down there,” Wisconsin head coach Bret Bielema said. “We didn’t handle the pressure very well and they brought some pressure. They did a nice job of controlling the line of scrimmage.”The first quarter ended in a scoreless tie, but Oregon State kicker Trevor Romaine gave the Beavers an advantage Wisconsin was unable to overcome with a 43-yard field goal less than two minutes into the second quarter.After taking the 3-0 lead into the break, the Beavers marched down the field on the opening drive of the second half. The Beavers used an 11-play, 86-yard drive, capped off by a 20-yard strike from quarterback Sean Mannion to Brandin Cooks, to take the 10-0 lead.“They were able to move the chains and pick (up) yards, and that was enough for them to win the game,” UW linebacker Mike Taylor said. “I wasn’t surprised. Oregon State has a good team. Last year was last year. Oregon State is a new team and they played well.”The Beavers added injury to insult in the second quarter when OSU defenders Rueben Robinson and Feti Taumoepeau crushed Badgers No. 1 wide receiver Jared Abbrederis over the middle. Reports stated that Abbrederis, who did not return, was taken to a local hospital with a chest injury. The redshirt junior had just one catch for 26 yards in the game.Jeff Duckworth became O’Brien’s primary target following the injury, catching seven passes for 55 yards. O’Brien finished the game completing 20 of his 38 passes for 172 yards with a touchdown and interception and was sacked three times. Ethan Armstrong led the Badgers defense with a game-high 10 tackles.“A lot of credit goes to Oregon State,” Bielema said. “They did a lot of good things today to go out and get a win.”last_img read more

Nunoo – Sarpei pleads for better infrastructure for players in Ghana

first_imgGhana and Greuther Furth’s Hans Nunoo – Sarpei wants football stakeholders back home to make greater efforts to improve football infrastructure.This he believes will be key to the nurturing of players and also reduce the risk of career threatening injuries.“It is risky playing out there in such condition because a player can easily end his career.“This is because of a lack of facilities or lack of funds to cater for the player in the case of a serious injury.“Any injury can end someone’s career and you look at how much money they get every month it is so appalling they can’t afford to take care of themselves,” he stated on The Tracker on Citi TV.The young midfielder spent time in Ghana’s Division One with Accra Great Olympics and the junior side of Liberty Professionals before eventually departing for Germany.last_img read more

Photos: Los Angeles Dodgers defeat the Colorado Rockies 4-2 MLB

first_img Newsroom GuidelinesNews TipsContact UsReport an Error Los Angeles Dodgers take on the Colorado Rockies during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California.PreviousPresident of Baseball Operations of the Los Angeles Dodgers Andrew Friedman, right, speaks with Dave Roberts of the Los Angeles Dodgers prior to a MLB baseball game against the Colorado Rockies at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Matt Beaty #45 of the Los Angeles Dodgers watches his game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Walker Buehler #21 of the Los Angeles Dodgers reacts after striking out Nolan Arenado (not pictured) of the Colorado Rockies to end the ninth inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG) SoundThe gallery will resume insecondsMatt Beaty #45 of the Los Angeles Dodgers watches his game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Matt Beaty #45 of the Los Angeles Dodgers reacts after hitting a game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Matt Beaty #45 of the Los Angeles Dodgers reacts after hitting a game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Matt Beaty #45 of the Los Angeles Dodgers reacts after hitting a game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Los Angeles Dodgers wait for Matt Beaty (not pictured) of the Los Angeles Dodgers after hitting a game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Matt Beaty, right, of the Los Angeles Dodgers is doused with water by teammate Alex Verdugo #27 after hitting a game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Matt Beaty, right, of the Los Angeles Dodgers is doused with powder by teammate Cody Bellinger after hitting a game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Matt Beaty of the Los Angeles Dodgers waves to the crowd after hitting a game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Matt Beaty #45 of the Los Angeles Dodgers is mobbed by teammates after hitting a game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Dave Roberts #30 of the Los Angeles Dodgers runs toward home plate after Justin Turner #10, right, is ejected for saying something toward home plate umpire Chad Fairchild (not pictured) in the fourth inning of a MLB baseball game against the Colorado Rockies at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Walker Buehler #21 of the Los Angeles Dodgers against the Colorado Rockies in the second inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Alex Verdugo #27 of the Los Angeles Dodgers doubles against the Colorado Rockies in the first inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Cody Bellinger #35 of the Los Angeles Dodgers watches his solo home run against the Colorado Rockies in the fourth inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Cody Bellinger #35 of the Los Angeles Dodgers rounds second base after hitting a solo home run against the Colorado Rockies in the fourth inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Cody Bellinger #35 of the Los Angeles Dodgers high fives Muncy #13 after hitting a solo home run against the Colorado Rockies in the fourth inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Charlie Blackmon #19 of the Colorado Rockies watches his solo home run to tie the game against the Los Angeles Dodgers in the sixth inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Charlie Blackmon #19 of the Colorado Rockies rounds third base after hitting a solo home run to tie the game off Walker Buehler #21 of the Los Angeles Dodgers in the sixth inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Charlie Blackmon #19 of the Colorado Rockies high fives teammates in the dugout after hitting a solo home run to tie the game against the Los Angeles Dodgers in the sixth inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Walker Buehler #21 of the Los Angeles Dodgers speaks with manager Dave Roberts ,center, and pitching coach Rick Honeycutt after striking out Nolan Arenado (not pictured) of the Colorado Rockies to end the ninth inning of a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)President of Baseball Operations of the Los Angeles Dodgers Andrew Friedman, right, speaks with Dave Roberts of the Los Angeles Dodgers prior to a MLB baseball game against the Colorado Rockies at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Enrique Hernandez, left, along with Clayton Kershaw, Russell Martin and Alex Verdugo of the Los Angeles Dodgers prior to a MLB baseball game against the Colorado Rockies at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)President of Baseball Operations of the Los Angeles Dodgers Andrew Friedman, right, speaks with Dave Roberts of the Los Angeles Dodgers prior to a MLB baseball game against the Colorado Rockies at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Matt Beaty #45 of the Los Angeles Dodgers watches his game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)NextShow Caption1 of 24Matt Beaty #45 of the Los Angeles Dodgers watches his game winning two run home run as the Los Angeles Dodgers defeat the Colorado Rockies 4-2 during a MLB baseball game at Dodger Stadium on Friday, June 21, 2019 in Los Angeles, California. (Photo by Keith Birmingham, Pasadena Star-News/SCNG)Expandlast_img read more

Cubs will make ‘a ton of changes’ if they continue to struggle, Theo Epstein says

first_img“Certainly between now and July 31, if we haven’t started to play better and even if we have in some areas … change to just change the environment might be called for, change as a catalyst,” Epstein said. “There are lots of different areas.”The Cubs called up Robel Garcia from Triple-A and sent down Dillon Maples on Wednesday. “I don’t think sitting on our hands is really a viable option,” Epstein said. “We want to be in a position to have enough belief that we’re looking to aggressively add and sort of polish up what we think can be a championship team. If we’re not, that means this stretch of bad play has continued. And if this stretch of bad play continues, then certainly … a ton of changes are in order.”The Cubs trail the Brewers by one game in the National League Central and hold just a 1/2-game lead over the Rockies for the second wild-card spot. Related News Theo Epstein is not happy with the Cubs’ recent stretch of play.Chicago enters action Wednesday on a three-game losing streak having dropped six of its last eight. Epstein, the Cubs president of baseball operations, discussed the team’s recent struggles during an interview with 670 The Score. Mets TV crew slams unapologetic Jason Vargas: He left ‘stain’ on organizationcenter_img Cole Hamels injury update: Cubs put starter on 10-day IL with left oblique strain “We’re all really frustrated, obviously,” Epstein said. “It’s a stretch of play nobody is proud of, nor should anybody be. It’s hard. But you find out a lot about what people are made of during stretches like these. It obviously can’t continue. It’s not acceptable.“It’s incumbent on all of us to find ways out of it. And obviously on (the front office) end, a big part of that is transactional. It’s the time of year to do that. Change is obviously called for if we keep playing like this. But there’s opportunities for everyone to do better.”Epstein said the Cubs will explore the trade market before the July 31 deadline. He’s “optimistic” the team can fix its issues.last_img read more

Mariners’ Tim Beckham suspended 80 games after positive PED test

first_imgMariners Infielder Tim Beckham has been suspended for 80 games after he tested positive for Stanozolol, a performance-enhancing drug, MLB announced Tuesday.Beckham, 29, released a statement that said he was given a product from a “trusted source” that led him to believe it was fine to take. Beckham has played mostly shortstop and some left field during the 2019 season. He was slashing .237/.293/.461 with 15 home runs in his first season in Seattle.He was selected No. 1 overall in the 2008 MLB Draft by the Rays and made his major league debut in September 2013. He tore his ACL before the 2014 season, which caused him to miss that year.He was dealt to the Orioles at the trade deadline in 2017, then signed a one-year contract with the Mariners in January. Blue Jays extending Rogers Centre protective netting for 2020 season “Regrettably, the product was tainted,” Beckham said. “I accept full responsibility for putting myself in this position. I sincerely apologize to the Mariners’ organization, the fans, my teammates, and my family for this mistake.”The Major League Baseball Players Association is releasing the following statement on behalf of Tim Beckham: pic.twitter.com/lOVBtgkTgC— MLBPA Communications (@MLBPA_News) August 6, 2019Beckham also said he presented his case to an independent arbitrator, but said he respects the ruling. Related Newscenter_img The suspension is effective immediately, beginning with Tuesday’s game against the Padres. Since there are 48 games left in the season for Seattle, Beckham will have to serve the other 32 games when the 2020 season begins. Robinson Cano injury update: Mets put second baseman on IL with torn hamstringlast_img read more

B&H Cadets Better than Greek Cadets

first_imgMen cadet handball representation of B&H (U18) in the first of two friendly matches in Verija won against hosting team of Greece with a result 25:22. The second match will be played today, at 14:00.B&H cadets on 4th and 5th January will play another two control matches with cadets of Austria, within the preparation for performance at the qualifications for European championship 2014 in Poland.The qualifications tournament will be played from 10-12 January in the Danish Skarbek and besides Danish and B&H selection, in the third group will play teams of France and Bulgaria.B&H cadets will play against Bulgaria on 10 January, on 11 January against France and on 12 January against Denmark.The best two teams will compete for direct participation at the European Championship 2014.(Source: Fena)last_img read more