Switzerland roundup: Mercer formalises pension fund advice partnership

first_imgIn a statement he said: “Mercer’s broad range of services enables us to provide a holistic approach to serving our clients, giving us and our clients access to an international network of specialists.” Vontobel restructuringVontobel Asset Management has combined its multi-asset class and Vescore businesses to form a single CHF40bn (€35bn) multi-asset boutique.Christophe Bernard, chief strategist and head of the existing multi-asset business, is departing in connection with the move, with Daniel Seiler, Vescore’s chief investment officer, set to lead the combined team.Bernard had decided to leave Vontobel after the transfer of responsibilities was complete, according to a statement from the manager.Investors could now choose between systematic, fundamental or combined strategies “based on a state-of-the-art risk management setup”, it added.Systematic solutions would continue to be offered under the Vescore brand, while more fundamental solutions would be offered under the Vontobel Asset Management brand.“Markets change all the time, so investors and we must adapt continuously,” said Seiler. “By combining skill-based and systematic expertise in one platform, Vontobel can access a wider range of alpha sources.”compenswiss legal status switchGovernment ministers have approved the final arrangements for compenswiss to become a federal institution with its own legal status with effect from 1 January.The three social security funds whose assets (totalling €30.9bn) it manages will be transferred to the new entity. They were previously legally independent.Christophe Schaer, the funds’ chief investment strategist, talked to IPE about the benefits of the new arrangement earlier this year. Mercer’s Swiss business has officially partnered with independent domestic pension fund consultancy CMP Egliada after a year-long pilot phase.The organisations said they wanted to deepen their collaboration in the long term.“We have seen that the collaboration works well and our customers are very satisfied,” said Samuel Lisse, CEO for Mercer Switzerland.Three-person consulting company CMP Egliada was founded in September 2017. The word ‘egliada’, according to the company, means overview, perspective or insight, as well as far-sighted in Switzerland’s Romansch language. The ‘CMP’ stands for the names of the founding partners: Livio Cathomen, Ursula May, and Matthias Pfiffner, Cathomen told IPE.last_img read more

Zenith Bank League: First Bank, Army maintain unbeaten runs

first_imgRelatedPosts ‘Army Officer’ in EFCC net for alleged multiple fraud Nigerian Army loses Colonel to Boko Haram attack Nigerian Army and ‘Fatal Arrogance’, by Yushau A. Shuaib Action continued in the 2019 Zenith Bank-sponsored Women’s Basketball League as teams battle for places in the national conference phase. On Day One of the Zenith Women’s Basketball League, defending champions, First Bank of Lagos, pummeled less fancied Ogun Babes 110-30 points at the South West Conference in Ibadan. Dolphins also showed their superiority over Oluyole Babes 104-31 points. Day two results saw First Bank hammer Oluyole Babes 95-23 points to maintain their unbeaten run in the league, while Dolphins won Ogun Babes 90-40 points. In Akure, MFM under Aderemi Adewunmi defeated DeepWater 73-36 points.It was a close battle between Sunshine Angels and IGP Queens.At the end of the duel, the Nigerian team won 40-37 points. Day three results saw Delta Force inflicting another loss on Sunshine Angels 58-49 points.MFM beat IGP Queens 66-30 points. In the North Central Zone, holding in Abuja, Air Warriors beat Black Gold 94-45 points, FCT Wings overpowered Nassarawa Amazons 56-37 points, Plateau Rocks outscored Kanemi Queens 61-32 points while Nigeria Customs walked over Benue Princesses 20-0. On day two in the North Central, Plateau Rocks beat FCT Wings 74-63 points, Nigerian Customs, with a more equipped arsenal, defeated Nasarawa Amazons 101- 29 points. Blackgold recorded their first win of the second phase by beating hapless Kanem Queens 72-25 points. Air Warriors defeated Plateau Rocks 56-25 points as FCT Wings performed another walkover ceremony over Benue Princesses. In other results on day three, Plateau Rocks defeated Benue Princesses 20-0, Nasarawa Amazons beat Kanem Queens 55- 34, FCT wings lost 40-83 to Air Warriors and Black gold were beaten 63-29 by Nigeria Customs. Plateau Rocks whipped Nasarawa Amazons 63- 17, while Amazons defeated Benue Princesses 20-0. Seven teams are currently sweating it out at the Indoor Gymnasium of the Ahmadu Bello University, Zaria, with the Nigerian Army Amazons leading the zone ahead of GT 2000 and Kaduna. Others are Taraba Hurricanes, Adamawa Flames, Zamfara Flames, Kebbi Equity Queens and Exousia Angels of Adamawa. GT 2000 defeated Kebbi 59-34 points. Adamawa dug deep to defeat Zamfara Angels 69-43 points, while 20 points were awarded to Nigerian Army after performing a walk over ceremony over Exousia who failed to show up. Day two matches saw Zamfara defeating Kebbi Equity 50-28 points, GT 2000 lost 40-52 points to sizzling hot Nigerian Army while Taraba defeated Exousia Angels 56-50 points. So far, Nigerian Army has recorded three wins out of three games, while Kebbi Equity Queens lost all their three games.Tags: First BankNational conference phaseNigerian ArmyOgun BabesZenith Ban Leaguelast_img read more

Bearkats Take Six-Shot Lead into Day Two of the Men’s Golf Championship

first_imgCentral Arkansas (+29, 317), Lamar (+30, 318) and UIW (+32, 320) are grouped together for day two and will get to action at 8:15 a.m. while the lone twosomes of the day will be played by Houston Baptist (+38, 326) and New Orleans (+49, 337). They will be the first teams to tee off at 7:30 a.m. Nicholls (+21, 309), Abilene Christian (+26, 314) and Southeastern Louisiana (+29, 317) finished fourth through sixth after the first day. The Lions are tied for sixth place with Central Arkansas, but the fifth player comparison gave SLU the advantage for pairing. They will tee off beginning at 9 a.m. Noah Steele (68), the Bearkats’ sophomore from Kingston, Ontario, Canada, sits in first for the medalist honor thanks to back-to-back birdies on holes six and seven and his play on the par 4s. He shot four-under for the first round and averaged a 3.70 on the day on par 4 holes, going three-under. He has a three-stroke lead over McNeese’s Ian Berrigan (71) and Central Arkansas’ Lewis George (71). Stephen F. Austin’s Angelo Leyvani (72) and McNeese’s Blake Elliot (72) are four strokes back from the lead, each carding an even par for the day. Sam Houston, McNeese and Stephen F. Austin (+19, 307) will tee off together for the second consecutive day. The teams entered the tournament seeded No. 1-3, respectively, and finished the day in that order. They will be the last squads to hit the course, starting with a 9:45 a.m. CT first tee.center_img CHAMPIONSHIP CENTRAL | LEADERBOARD | PHOTO GALLERYMcKINNEY, Texas – Sam Houston State did not relinquish its top seed in the opening round of the 2018 Southland Conference Men’s Golf Championship at the Stonebridge Ranch Country Club (Dye Course) in McKinney, Texas, on Monday. The Bearkats (+1, 289) dominated from top to bottom of the lineup with no player finishing above four-over for the day. Each Sam Houston player finished round one in the top 13 of the individual field. They take a six-stroke lead over McNeese (+7, 295) into the second round Tuesday.last_img read more