VER sees equity returns boosted to nearly 10% by US, emerging markets

first_imgThe Finnish State Pension Fund (VER) has seen its equity returns boosted by US stocks and emerging markets, despite continued market uncertainty.While solid returns from the two regions leading to VER’s equity portfolio returning nearly 10% over the first nine months of the year, managing director Timo Löyttyniemi nonetheless warned that there was still “no relief” for investors concerned about the low growth prospect in Europe.“VER’s return on investments, however, was good in all asset classes,” he added. “In the future, the general low interest rates will present challenges for the returns on fixed-income investments”The €17.4bn scheme, which helps pre-fund Finland’s state pension obligations, saw its equity portfolio outperform both other asset categories. Its fixed income holdings returned 4.4%, a noticeable improvement from the -1.7% return seen over the first three quarters of 2013.Its portfolio of other investments – consisting private credit, infrastructure, real estate and private equity – returned 5% over the first nine months, also an improvement over the portfolio’s performance during the same period last year, but behind the overall 2013 return.While VER’s equity portfolio performed strongest of all three asset categories, returning 9.8%, it also lagged behind 2013’s comparative returns of 12.8%, with a significant rally in the equity market late last year even boosting returns above 18%.Overall, the fund returned 6.5% for the first nine months of the year, ahead of its 10-year average of 5.8%.last_img read more

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La Liga: Spanish PM hints at behind closed doors restart

first_img Read Also: Atletico Madrid table €6m annual salary for PSG forward La Liga president Javier Tebas remains committed to completing the current season, due to the anticipated financial impact of cancelling the season. A return date has not been confirmed, with dates in late May and early June currently being considered. FacebookTwitterWhatsAppEmail分享 Promoted Content5 Of The World’s Most Unique Theme Parks14 Hilarious Comics Made By Women You Need To Follow Right NowYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeThe Very Last Bitcoin Will Be Mined Around 2140. Read More8 Most Interesting Sylvester Stallone Movies10 Risky Jobs Some Women DoPortuguese Street Artist Creates Hyper-Realistic 3D GraffitiThe 10 Best Secondary Education Systems In The World9 Facts You Should Know Before Getting A Tattoo12 Iconic Actors Whose Careers Were Stunted By A Single MovieBest & Worst Celebrity Endorsed Games Ever MadeWho Earns More Than Ronaldo? Clubs from across the Spanish top flight are expected to tentatively begin restarting training from the start of next week. This is expected to include health authority inspections of club training facilities on May 4/5, with players being tested later next week. If the suggested timetable is adhered to, clubs including Real Madrid, have indicated they could return to individual training sessions from May 11. “I hope it will return soon, and it will be the federations and league to decide when,” according to a report from Marca. “We are allowing individual training within team sports. “But, I believe we will see sports on television again, before we will do with fans in stadiums.” Sanchez added the Spanish government will be introducing Phase 0 of their coronavirus deescalation from May 4.Advertisementcenter_img Loading… Spanish Prime Minister Pedro Sanchez has indicated the 2019-20 La Liga season could be scheduled to return in the coming weeks. However, he also confirmed any sporting events in the near future are likely to be played behind closed doors.last_img read more

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Spears could become key part of Trojans’ offense

first_imgTwo months ago, Redshirt sophomore Connor Spears never would have imagined he would be thrust into his current situation. Coming into spring practice, the Trojans were set to have three tight-ends on the roster in returners Bryce Dixon and Jalen Cope-Fitzpatrick and redshirt Spears, with incoming freshman Tyler Petite. While the roster was thin, many felt that the Trojans would make it work with a three-headed attack in Dixon, Fitzpatrick and Petite.Fast forward two months and Spears has found himself with the opportunity to grab the starting spot. The possible dismissal of Dixon and with Fitzpatrick ineligible, Spears is the only healthy tight-end on the roster. Not even USC predicted Spears would become a key part of their team. On their website, USC describes Spears “as a walk-on sophomore who will serve as a reserve tight-end in 2015.”“It was a little crazy, coming in this spring; it was the biggest shock,” Spears said. “The situation just fell into my hands and I’m trying to make the most of it.”After playing one year at Columbia University, Spears transferred to USC last spring as a preferred walk-on. Due to NCAA regulations, Spears was deemed ineligible and subsequently sat out the past season. This extra time allowed Spears to become acclimated to the USC program and work on some of his biggest issues: strength and blocking.Standing at 6-foot-6, Spears is a towering force but he wasn’t always that way. In the three years since graduating high school Spears has added 50 pounds to his frame in hopes of easing the transition from Ivy league play to the Pac-12.“It helped exponentially, being able to be on the scout team offense last year, where I was able to block guys like Leonard Williams and JR Tavai,” Spears said. “That level of competition helped me so much.”Although he wasn’t expected to be a main part of this Trojan team, head coach Steve Sarkisian has taken notice of Spear’s hard work. The redshirt sophomore has made strides throughout this spring season and put in a really solid showing at practice on Tuesday.“He’s got an unbelievable work ethic. He’s taken a bunch of reps and keeps fighting through it,” Sarkisian said. “He’s showing physicality, which was a concern coming in. But I just like his demeanor. Connor has had a good spring so far.”With all the distractions surrounding him, Spears has done a great job of staying focused on improving his game.News broke on Monday afternoon that former Oklahoma tight-end Taylor McNamara would be transferring to USC to add some depth. For now, however, Spears is focused on making the best of the opportunity in front of him.“It’s pretty surreal. I’m not trying to think too much about it.” Spears said. “I’m trying to be like everyone else and just play football. Just block guys and catch passes.”last_img read more

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