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Betfair Chase one-two set for rematch | Racing News

first_imgClan Des Obeaux was fourth in the 2018 Betfair Chase and is on course for a return to Haydock, with long-absent stablemate Topofthegame expected to instead head for the Ladbrokes Trophy at Newbury the following week.Nicholls said: “Clan Des Obeaux is in great form at home and will head for the Betfair Chase.“Physically, he seems to have improved on years past. He is working hard and is on well schedule for Haydock.- Advertisement – “Two years ago, we went to the Betfair Chase just to put our toe in the water to see if he could run in graded races and he ran a really good race. He then went on to win the King George.“He will be ready to put up a good performance at Haydock – there is no point going there thinking he is going to need the run. He will be ready and then that is nice timing for him to go to Kempton again on Boxing Day.”The Richard Hobson-trained Lord Du Mesnil will be an outsider, but is a dual winner at the track.“Lord Du Mesnil is in good form and the Betfair Chase is a possibility,” said Hobson.“I haven’t been able to get a run into him yet this season. He has got some entries over the weekend, but we are yet to decide if he will run.“The Betfair Chase may therefore come too quick, but he is entered and we will make a decision nearer the time.”Bellshill (Sandy Thompson), Keeper Hill (Warren Greatrex) and Saint Calvados (Harry Whittington) are the other British contenders, with Henry de Bromhead’s A Plus Tard the sole Irish-trained entrant. Last year’s one-two Lostintranslation and Bristol De Mai are among 10 entries for the Betfair Chase at Haydock on November 21.The Nigel Twiston-Davies-trained Bristol De Mai claimed the Grade One prize in both 2017 and 2018, but was denied the hat-trick by Colin Tizzard’s Lostintranslation 12 months ago.- Advertisement – Lostintranslation disappointed when well fancied for the King George VI Chase at Kempton, but bounced back to finish a close-up third in the Cheltenham Gold Cup – and the race sponsors make him the narrow favourite to successfully defend his Haydock crown.Bristol De Mai was only ninth in the Gold Cup, but can be expected to be more of a force back on Merseyside.Nicky Henderson has entered his Gold Cup runner-up Santini, while Paul Nicholls has both dual King George hero Clan Des Obeaux and Topofthegame in contention.- Advertisement – – Advertisement –last_img read more

Poll position

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would 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 newsletterslast_img

Large Dutch funds see weak returns in 2015, despite boost from real assets

first_imgThe five largest pension funds in the Netherlands saw weak returns in 2015, with large deviations between listed and unlisted asset classes.With a 2.7% return on investments, the €351bn civil service scheme ABP was the best performing scheme, whereas the €161bn healthcare pension fund PFZW  generated a loss of 0.1%.However, property, infrastructure and other alternative asset classes delivered strong results. In contrast, commodities showed dramatic losses on the back of plummeting oil prices.The country’s five largest schemes also incurred lossed on their extensive interest and currency hedge. ABP reported returns of 16.9% from property and 13% on infrastructure, with private equity and hedge funds producing 24.8% and 13%, respectively.However, it said its commodities portfolio lost 20%, while suffering losses of 3.5% and 0.5% respectively due to its currency and interest rate hedges.ABP’s 33.7% fixed income portfolio returned 3.2%, with long-term government bonds, credit and emerging markets debt delivering 2.3%, 5.8% and 3.2% respectively.Its annual return on equity of developed and emerging markets was 11.7% and -4.7% respectively. However, during the last quarter, these equity returns were 8.1% and 4.4%.ABP said its overall result during the fourth quarter was 1.9%.Healthcare scheme PFZW also reported excellent results on property (14.9%), infrastructure (20.7%) and private equity (20.8%).It added that equity had generated 7.9% during 2015, whereas government bonds and inflation-linked bonds had delivered no more than 0.4% and 0.2%.PFZW’s credit portfolio yielded 2.6% and its allocation to structured credits – the insurance of banks’ loan portfolios – produced an 18.1% result.Its relatively good fourth quarter result of 1.1% could not prevent an annual loss of 0.1% at PFZW, which it attributed in part to a loss of no less than 40.4% on its 4% commodities holdings.PFZW’s combined hedge of interest and currency risk incurred a 4.8% loss, it added.Jan Willem van Oostveen, the scheme’s investment manager, attributed the negative result to the appreciation of both the US dollar and the Japanese yen relative to the euro. He said that 70% of the risk on both currencies had been hedged.Van Oostveen said that PFZW had ceased investing in hedge funds last year, “because of relatively high costs, undesired environmental effects as well as that the asset class insufficiently contributed to the pension fund’s overall return”.He added that the same went for its investments in food and metal derivatives.The €60bn metal scheme PMT, the €48bn pension fund for the building sector BpfBOUW and €40bn metal scheme PME reported annual results of 2.3%, 1% and 1% respectively.PME said its property had generated 12.6%, whereas PMT reported “above average” results of 13.2% on real estate.last_img read more

Use bond markets to challenge heavy emitters, says NBIM founder Kjaer

first_imgSource: Credit: RAO GlobalKnut Kjaer speaking at the Responsible Asset Owners conferenceDuring a breakout panel session earlier in the day, Union Investment head of fixed income Christian Kopf had also drawn attention to the importance of bond issues as an important time for investors to engage.Kopf said: “One very important tool that we have at hand – and which I think we should continue to improve – is covenants on bond contracts.“The biggest issue that we’re facing today when it comes to ESG investing is data availability. We have no set of measurements, for example, for Scope 3 carbon dioxide emissions.“We need to move forward with respect to data quality, and there I think fixed income investors can play an important role by forcing companies to incorporate that in their documentation and the covenants of bond contracts.”Carbon tax concernsOn climate change, Kjaer warned that investors should not just focus on the environment to the exclusion of societal considerations. He highlighted protests led by Extinction Rebellion taking place near the conference venue in Westminster as an example of people highlighting the social challenges of climate change, especially regarding policy proposals such as carbon taxes.“You can take up the carbon tax, that’s fine, but who is paying?” Kjaer said. “It’s those who cannot afford it. One way to handle this and to get buy-in from people is to take all the revenue you get from the carbon tax and give it back to the people. That will restore some of the income distribution [imbalance], and tilt it in a more normal way.” “Every time there is a lack of enthusiasm to buy that bond, it will affect cash flow and how [the companies] make investment decisions,” he said.Kjaer likened new bond issuance to having regular IPOs, giving the investors the ability to scrutinise a company every time it seeks more financing.“It’s a conundrum to me why so few are focusing on the bond side,” he said. The founding CEO of Norway’s giant sovereign wealth fund has urged investors to engage with bond issuers to exert influence regarding climate change issues.Speaking at the Responsible Asset Owners conference in London earlier this week, Knut Kjaer – now a member of APG’s supervisory board – said investors could have more of an impact on the world’s biggest carbon emitters through the debt markets than through equity markets.“If you take the 100 most fossil fuel intensive companies, it’s only 40 or 41 of them that have listed equities,” Kjaer said. “All of them are in the debt markets.”Many coal mining companies and much of Australia’s mining sector only raised money through the issuing bonds, he added.last_img read more

Pandemic leads to fresh calls for a referendum on Paris 2024

first_imgCoronavirus crisis and postponement of the Tokyo 2020 Olympics and Paralympics have led to renewed debate in Paris, the city set to host the following edition of the Summer Games. Loading… “Shouldn’t we take the opportunity to rethink them and ask Parisians for their opinions? “Wouldn’t it be wiser to give yourself one more year, as Tokyo did, and to talk about Paris 2025?” Paris 2024 President Tony Estanguet previously accepted when speaking to insidethegames that savings would have to be made, but insisted the “DNA” of the city’s bid to host the Game would remain intact. “More than ever we need this project and we need to keep the best of this project, and the DNA of this project won’t change,” Estanguet said. Transport, accommodation and human resources were areas cited by Estanguet as where Paris 2024 can make significant savings. read also:Olympics official sees ‘real problems’ in holding Games in 2021 There have been in excess of 28,000 COVID-19 deaths in France, with Paris hit particularly hard. Professional sport will not return to France until at least September. FacebookTwitterWhatsAppEmail分享 Several elected officials have this week said the French capital should “rethink” preparations, while one councillor has renewed calls for a referendum on whether or not Paris should host the Games in 2024. City Councillor Danielle Simonnet has previously campaigned for a referendum and renewed those calls this week. On Twitter, Simonnet said the matter was more “topical” than ever given recent events. France is officially in recession and it is predicted that the economic consequences of the pandemic will be long-lasting. Jacques Boutault, the green Mayor of Paris’ second arrondissement, also said new questions had surfaced because of the crisis and the postponement of Tokyo 2020 until 2021. In comments reported by Le Parisien, he asked: “Is it relevant to keep the Olympic Games in Paris in the same form as before?Advertisement Promoted Content9 Facts You Should Know Before Getting A Tattoo6 Interesting Ways To Make Money With A DroneCan Playing Too Many Video Games Hurt Your Body?The Best Cars Of All TimeBest & Worst Celebrity Endorsed Games Ever MadeThe Highest Paid Football Players In The WorldWhich Country Is The Most Romantic In The World?Will You Recognize Celebs In Their Kid Photos?What Are The Most Delicious Foods Out There?Who Is The Most Powerful Woman On Earth?6 Incredibly Strange Facts About HurricanesThe 18 Most Visited Cities In The Worldlast_img read more

March 18, 2019 Police Blotter

first_imgMarch 18, 2019 Police Blotter031819 Decatur County Fire Report031819 Decatur County EMS Report031819 Decatur County Law Report031819 Decatur County Jail Reportlast_img

Main Street Greensburg Tenderloin Throwdown cancelled due to weather

first_imgGreensburg, IN-The 2019 Tenderloin Throwdown has been canceled due to weather.In a statement from Main Street Greensburg, Main Street Greensburg Execturive Director, Terrah Annie Nunley stated, “Much consideration was put into this hard decision. Our local Decatur County Emergency Management Agency and the Greensburg Fire Department were both consulted. Due to weather prohibiting the safe operation of grills and deep-fryers, the event is not able to continue this year.”last_img

NASCAR postpones next two races in Atlanta and Miami. IndyCar cancels next four races

first_imgNASCAR postpones next two races in Atlanta and Miami. IndyCar cancels next four races March 13, 2020 Associated Press center_img Share This StoryFacebookTwitteremailPrintLinkedinRedditATLANTA (AP) — NASCAR postpones next two races in Atlanta and Miami. IndyCar cancels next four races.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6last_img

Iqbal backs Pakistan to beat West Indies in three-Test series

first_imgKARACHI, Pakistan (CMC) — Spin legend Iqbal Qasim has backed Pakistan to beat West Indies in their three-Test series starting later this month, and end their long drought of having never won a series in the Caribbean.The former convener of selectors said several players expected to be picked in the Test squad had much to prove and argued this would augur well for the Misbah-ul-Haq-led unit.“I always say this whenever a new series is starting – both teams have even opportunities to emerge victorious,” said the former left-arm spinner who claimed 171 wickets from 50 Tests and 999 first class scalps.“In Pakistan’s case, this is yet another moment to make history in the West Indies and the team Misbah would lead has the potential to beat the hosts this time.”He continued: “Generally, there is unpredictability about Pakistan batting, particularly in the modern era. But having said this, Pakistan have seldom performed as batting unit consistently.“Even when we had a world-class batting during the days of Zaheer Abbas, Majid Khan and Javed Miandad, it was never consistently found performing.“But in the current scenario, I think you at least have the chance to prove your worthiness as a reliable batting unit.“But coming to the upcoming matches, there is a lot at stake for the likes of Younis Khan, Azhar Ali, Asad Shafiq and Misbah. Younis is in a carefree position to express himself with the magical figure of 10 000, only a handful of runs away for this great stalwart of Pakistan cricket.”Pakistan have historically struggled on Caribbean tours and have managed just five wins in 23 Tests, without a single series win. Their last two tours of West Indies – in 2005 and 2011 – finished in 1-1 draws.However, Pakistan are coming off a strong 2-1 series victory over West Indies in the United Arab Emirates last October, a tour that saw a monumental unbeaten triple hundred from opener Azhar Ali in the day/night opening Test in Dubai.Veteran Younis also managed his 33rd Test hundred during that series and now lies 23 runs short of 10 000 runs in the longest format, while Asad Shafiq also got among the runs.Iqbal pointed out that Azhar and Shafiq especially would be motivated to extend their form against West Indies.“Azhar has a point to prove after being relieved of ODI captaincy. He would be more focused than ever before and continue from where he left off during the last series against the West Indies since he is a fighter,” noted Iqbal.“The same applies to Asad because he is another batsman who is raring to go after being omitted from the ODI format. As for Misbah there is a personal incentive for him to sign off in grand style.“He has regained form that deserted him in New Zealand and Australia with two centuries (in domestic cricket) for Faisalabad recently.”Pakistan face West Indies in the opening Test at Sabina Park, April 22-26, in the second Test at Kensington Oval from April 30 to May 4 before travelling to Windsor Park in Dominica for the final game May 10-14.last_img read more

Swimming and diving make championships

first_imgThe women’s swimming and diving team will compete in this weekend’s 2015 Pac-12 Championship meet after finishing fourth in the conference during the regular season.The No. 12 Women of Troy (5-3, 4-3) will travel to the Weyerhauser King County Aquatic Center in Federal Way, Washington for the meet. It will take place between Wednesday, Feb. 25 until Saturday, Feb. 28.The men’s diving team will also compete at the meet as the Pac-12 runs the diving championships concurrently with the women’s swimming championships. However, the men’s swimming championship does not begin until the following week on March 4.The Women of Troy are led by redshirt senior platform diver and captain Haley Ishimatsu. The Seal Beach, California native is the two-time national diving champion. Originally from Duke, she transferred to USC after one collegiate season and began diving for the Women of Troy in 2013. Despite battling injuries in 2012, she competed for the U.S. national team at the 2008 Olympic Games in Beijing, finishing 14th and 5th in the 10m and synchronized 10m, respectively.She is the first woman to repeat as an NCAA diving champion since the 1992-1993 season, and if she can claim her third title this year in her third season with the Women of Troy, she will become the first ever to win three national championships in a row.Other noteworthy Women of Troy set to compete in the competition are Andrea Kropp, a redshirt senior who swims the 200y breaststroke; junior All-American butterfly specialist Kendyl Stewart, Jasmine Tosky, a junior All-American, who predominantly competed in the individual medley; and Kasia Wilks, a junior All-American who swims freestyle.The Pac-12 conference is arguably the toughest in the country, featuring five nationally ranked teams, including No. 1 Cal, led by Olympic gold medalist Missy Franklin, No. 3 Stanford, No. 11 Arizona and No. 16 UCLA.The Women of Troy are led by swimming coach Dave Salo and diving coach Hongping Li. The Women of Troy have not won a national championship in swimming since the 1997. Last year, they finished third in the conference competition. USC has won at least two individual titles seven-straight years and 13 out of the last 14 years.The Pac-12 Network will broadcast delayed coverage of the meet, which will start Friday, Feb. 27 at 10a.m.last_img read more