Heavy rains lashing India’s financial capital of Mumbai have caused the collapse of a multi-story building, killing six people and injuring several, authorities said.The dilapidated six-story structure in the city’s south was home to five or six families who stayed on after residents were advised to evacuate as it was under repairs, eyewitnesses told television channels.Two people were declared dead on Thursday evening, with disaster response officials pulling four more bodies from debris during the night, fire and police officials said. Topics : Several people had been trapped under the debris with many more stranded in the portion left standing after the collapse, causing instability, city fire chief P.S. Rahangdale said.”The risk of secondary collapse can’t be ruled out,” he added.Another building collapsed in the western suburb of Malad earlier, killing two, including a child, and injuring several.Every year, heavy downpours in Mumbai bring down some rain-sodden small and large structures deemed too dangerous to live in.Intense rains over the previous few days prompted weather officials on Thursday to upgrade to ‘red’ from ‘orange’ an alert called for the city and surrounding areas.
The pension fund’s 10% property allocation, which returned 26.5%, was the best performing investment category.Tactical asset holdings, consisting of listed property companies and funds, returned 31.1%.The pension fund cited the rise of the US dollar relative to the euro, creating “good conditions to list or sell companies”, in part for the 23.3% return on its 5% private equity portfolio.Equity returned 17.1%, with US equities producing the best results.The scheme’s fixed income holdings returned 13.9%, with government bonds returning 13.4%, outperforming their benchmark by 0.3 percentage points.ABP’s stake in hedge funds (5%) and infrastructure (2%) generated 17% each last year.The pension fund said the best-performing hedge funds strategies were Relative Value Arbitrage, Equity Driven and Corporate Distressed.Infrastructure benefited from the low-interest environment and increasing demand, with co-investments in ports and pipelines performing particularly well, according to the annual report.ABP lost 21.9% on its 3% commodities portfolio, citing “badly performing” oil markets, as well as metals and agricultural products.The pension fund’s board said it had decided to stick with its 25% interest hedge, “as it didn’t want to steer on current interest levels because of the scheme’s long-term focus”.It pointed out that a full hedge would hamper its indexation potential in the event of a sharp increase in inflation.ABP said that during the past 5 years, it had generated €12.4bn of net extra returns thanks to active management, adding that hedge funds had delivered a annual net result of 9.9% during this period.ABP has more than 2.8m participants in total, who are affiliated with 3.750 employers. ABP, the €373bn pension fund for Dutch civil servants, has credited its active investment policy for the 0.45-percentage-point outperformance of its investment portfolio last year. The pension fund reported a 2014 net return of 14.5% – with 3.9 percentage points from its interest hedge – and said nearly all asset classes contributed positively.However, the scheme’s official ‘policy funding’ – which dropped to 102.6% at the end of March due to falling interest rates – was too low for the scheme to grant inflation compensation.As a result, indexation in arrears increased to almost 10%, according to ABP, which added that the options for cost-of-living-allowance would be “very limited” in the coming years.
Led by Julian Poulter, the AODP is probably best known for its rankings the world’s largest pension funds and asset owners, based on how they address climate risk.It included an assessment of asset managers for the first time in its most recent AODP Global Climate Index of the largest 500 asset owners. Last year it said it would also be assessing other actors in the investment chain, such as investment consultants and proxy/engagement advisers. Poulter, CEO of AODP, said the deal had come at a “critical juncture for climate disclosure”.“The responsible investment movement has already shifted billions of dollars away from high carbon investments and changed investors’ and regulators’ perspective on climate change from the ideological or partisan to one of risk management and long-term benefit calculations,” he added.Catherine Howarth, chief executive of ShareAction, also said that many large investors already made climate-related disclosures under the AODP framework, meaning that the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures “have already, effectively, been adopted by market leaders”.“We now need the G20 members and associated institutions to drive disclosure in their own countries, and to move swiftly towards a globally consistent and mandatory disclosure platform,” she added. London-based responsible investment campaign organisation ShareAction is taking over the Asset Owners Disclosure Project (AODP).ShareAction said absorbing the AODP was part of its strategy to broaden its remit globally, and a “natural” next step after launching the European Responsible Investment Network in June 2016.The takeover would strengthen ShareAction’s focus on climate risk, it said.“This global vantage point, leveraging AODP’s strong US and Australian presence, will enhance ShareAction’s capacity to champion responsible investment at a time when more asset managers are realising the relevance of climate change risk to long-term value for the millions of citizen investors they serve,” it said.
As you probably have heard by now, Bryan Helvie is the new athletic director at Batesville High School. He will replace the retiring Mark Ferguson on July 1. Bryan has been part of Batesville Athletics for most of the years he has been a resident of Batesville. He is currently coaching the girls tennis team.When Bryan takes over on July 1, he will become a full-time employee of Batesville Community Schools. He will no longer be allowed to continue his coaching because of the total commitment it takes to run a school’s athletic program. Bryan will also give up his position of varsity assistant to the boys basketball team.Most of you probably know Bryan as the managing editor of the Herald-Tribune. When Bryan arrived in Batesville there was not a teaching position open in his area, so he took a job with the Herald and he has been with them ever since. Best of luck, Bryan, on your new venture.
O’Brien also has Eye Of The Storm, Foundry, Magician, Nevis and The United States engaged in the Group Three contest. Another trainer with an outstanding record in the Ballysax is Jim Bolger, who has saddled seven previous winners, including in the last three renewals, and the pick of his entries could well be Trading Leather, who won twice from four two-year-old appearances and was a fair fifth in the Racing Post Trophy at Doncaster. Bolger has also entered Alpinist, a winner on the opening day of the new season at the Curragh, and Beyond Thankful. Fourteen horses have been entered in the 10-furlong event, with Dibayani, High Octane, Imperial Concorde, Little White Cloud and Sugar Boy completing the field. The latter won his last three races as a juvenile, and completed the hat-trick with a brilliant six-and-a-half-length win in the Listed Eyrefield Stakes at Leopardstown. Trainer Patrick Prendergast said: “I don’t know whether he’ll run or not. I’ll have a look at the entries, and he’d need a bit of juice in the ground. “He’s a bit behind in his coat as we’ve had such a harsh spring, but I’m very happy with him and he’s in good shape. He’s nearly there now, but I’m under no pressure to run him. “I think he has improved from two to three, he’s a real good galloper and I can’t wait to get him over a mile and a half.” Press Association The first recognised Derby trial of the Irish Flat season, the Ballysax Stakes has been a breeding ground of future Ballydoyle champions down the years, with O’Brien saddling six previous winners including Galileo, High Chaparral, Yeats and Fame And Glory. Battle Of Marengo won three of his four starts as a juvenile and signed off with an impressive display in the Beresford Stakes at the Curragh. He is a best-priced 16-1 for the Investec Derby at Epsom on June 1. Battle Of Marengo is the star name among six Aidan O’Brien-trained entries for the PW McGrath Memorial Ballysax Stakes at Leopardstown on Sunday.
Morgan Schneiderlin will only leave Southampton this summer for Champions League football and would prefer to stay in the Premier League. That would bring with it Europa League football next season should the FA Cup be won this weekend by Arsenal, a club the France international has been strongly linked to. Schneiderlin would be open to a move to the Emirates Stadium, but ruled out joining the likes of Tottenham and Liverpool. “Yes, I think my decision is made,” he told French radio station RMC. “I learned a lot last season. The goal is to stay in England. It is a championship that I like and where I have a lot of fun. “If I leave Southampton, it is for a club that plays better than the Europa League. “There are ongoing discussions, but nothing is done. But, of course, the Champions League is my goal. “If I leave Southampton it will be for a club in the Champions League. “I have a two-year contract. If a club pays the right amount for me, it will be time to leave. “The amount? I have no idea, but I will not leave for a small price. Southampton is known to be a good seller club, the price should be high enough.” While Schneiderlin edges towards the exit, the fate of Artur Boruc and Jos Hooiveld has been sealed after both were released at the end of their contracts. The pair, who ended last season on loan at Bournemouth and Millwall respectively, played a key part in Saints’ rise to the Premier League and are amongst six professionals not having their contracts extended. Cody Cropper, Omar Rowe, Jake Sinclair and Chris Johns have also been released, while Dan Demkiv, Mark Irvine, Niall Mason and Chris Regis have left the club at the end of their two-year scholarships. The 25-year-old has long been linked with a move away from St Mary’s, where he has experienced many ups and downs since arriving from Strasbourg in 2008. Schneiderlin had hoped to leave last summer, only for the Southampton hierarchy to block his path – a decision that worked well for both parties as the midfielder played a key role in helping Ronald Koeman’s men finish seventh. Press Association
NASCAR’s Cup Series gets back to short-track racing when it heads to Bristol Motor Speedway this week and once again, Kyle Busch is in a great position to succeed.The man who has yet to finish outside the top 10 this season has seven career wins at the track, including two in his last three races. MORE: Watch the Food City 500 live with fuboTV (7-day trial)The half-mile venue is one of the shortest in NASCAR and will likely favor a good qualifying time as 11 of the last 15 winners have started in the top 10 and three of the last eight have come from the pole.Busch is tied with Brad Keselowski and Denny Hamlin with two wins this season to lead all drivers, but Kevin Harvick could be the man to spoil the party this week.He has two career wins at the track and seven straight top-10 finishes at Bristol. The thing is, he hasn’t had a winning car yet this season, though he’s bound to find a way to get a victory eventually.What time does the Food City 500 start?The Food City will take place Sunday, April 7. Live coverage begins on FS1 at 2 p.m. ET.What channel is the Food City 500 on?The Food City will be broadcast nationally on FS1. The race can also be live-streamed on the Fox Sports Go app or by subscribing to fuboTV, which offers a seven-day free trial.Food City 500 schedule, how to watchAll of the events leading up to the week, including practices and races for the Truck Series can be seen on NASCAR.com, PRN, MRN and FS1. Here’s a daily schedule of events leading up to the Food City 500.(All times Eastern)Friday, April 5TimeEventChannel1:35 p.m.Cup Series first practiceNASCAR.com3:05 p.m.Xfinity first practiceFS1/fuboTV5:05 p.m.Xfinity final practiceFS1/fuboTV6:10 p.m.Cup Series qualifyingFS1/fuboTVSaturday, April 6TimeEventChannel8:30 a.m.Cup Series second practiceFS1/fuboTV9:40 a.m.Xfinity Series qualifyingFS1/fuboTV11:05 a.m.Xfinity Series final practiceFS1/fuboTV1 p.m.Xfinity Series Alsco 300FS1/fuboTVSunday, April 7TimeEventChannel2 p.m.Food City 500FS1/fuboTVFood City 500 starting lineupHere is the starting lineup for Sunday’s race:StartingDriverCar No. No. 1Chase Elliott9No. 2William Byron24No. 3Ryan Blaney12No. 4Erik Jones20No. 5Denny Hamlin11No. 6Aric Almirola10No. 7Joey Logano22No. 8Clint Bowyer14No. 9Paul Menard21No. 10Jimmie Johnson48No. 11Ryan Newman6No. 12Brad Keselowski2No. 13Kevin Harvick4No. 14Alex Bowman88No. 15Austin Dillon3No. 16Kyle Larson42No. 17Kyle Busch17No. 18Michael McDowell34No. 19Ricky Stenhouse Jr.17No. 20Daniel Suarez41No. 21Matt DiBenedetto95No. 22David Ragan38No. 23Martin Truex Jr.19No. 24Ty Dillon13No. 25Chris Buescher37No. 26Daniel Hemric8No. 27Kurt Busch1No. 28Darrell “Bubba” Wallace Jr.43No. 29Matt Tifft36No. 30Ryan Preece47No. 31Landon Cassill00No. 32Corey Lajoie32No. 33Gray Gaulding51No. 34Bayley Currey52No. 35Timmy Hill66No. 36Quin Houff77No. 37Ross Chastain15
Warriors free agency rumors: Golden State signing Willie Cauley-Stein, Glenn Robinson NBA free agency rumors: ‘No market’ for DeMarcus Cousins DeMarcus Cousins has made a change.The 28-year-old center has switched agents and will now be represented by Jeff Schwartz of Excel Sports, according to a report from the New York Times. The news comes just days after ESPN reported there was “no market” for Cousins, who remains a free agent. “But I could absolutely foresee a place for DeMarcus here if he wanted to come back. It’s just a question of what are his goals? What’s out there for him?”The four-time All-Star has averaged 21.2 points and 10.9 rebounds over his nine-year career. “I’m getting my game right,” Cousins told The Undefeated last month. “Getting my game back. Being myself. Getting in better shape. Getting my legs underneath me. It’s going to be a good offseason for me. I’m excited about that. I look forward to go to training camp and all of that.”Cousins remains one of the only big names left unsigned. He has been linked to the Kings and Knicks while he has not ruled out a return to the Warriors.“I think there’s a chance (Cousins comes back),” Golden State coach Steve Kerr said. “I would say the hope is frankly that he can do a lot better financially than what we could offer him. But who knows? Every year is different. The former All-Star center DeMarcus Cousins, in his search for a new home in free agency after spending last season with the Warriors, has changed representation … enlisting the influential agent Jeff Schwartz of Excel Sports— Marc Stein (@TheSteinLine) July 3, 2019Cousins signed a one-year, $5.3 million deal with the Warriors last summer and missed the team’s first 45 games as he continued to recover from a torn Achilles. He finished the regular season averaging 16.3 points and 8.2 rebounds in 25.7 minutes per appearance.Is there a market for DeMarcus Cousins?Here’s @wojespn pic.twitter.com/g1c3wD7H2q— Stanford Steve (@StanfordSteve82) July 2, 2019Cousins also tore his left quadriceps muscle and missed most of the playoffs, although he returned for the NBA Finals, where the Warriors fell to the Raptors in six games. Related News NBA free agency 2019 rumor roundup: A complete list of reported signings from Day 3
Meanwhile, late in the season, the PGA Tour will have an open week during the men’s Olympic competition (week of July 27-Aug. 2) before the regular season wraps up at the Wyndham Championship (Aug. 6-9) and the FedExCup Playoffs field will be finalized.Because of the open week for the Olympics, the playoffs will begin a week later in 2020 and conclude the last week of August. The FedEx Playoffs schedule begins with the the Northern Trust (Aug. 13-16), played for the first time in the Boston area at TPC Boston, followed by the BMW Championship (Aug. 20-23) at Olympia Fields in suburban Chicago and ending Aug. 27-30 with the Tour Championship in Atlanta. “Our players grasp the importance of a strong start in the Race for the FedExCup, and this has translated into growth and momentum for the events played in the fall,” PGA Tour commissioner Jay Monahan said in statement.The jam-packed opening segment ends Nov. 24 with the final round of the RSM Classic. Two weeks later, the 13th Presidents Cup returns the week of Dec. 9-15 to Australia’s Royal Melbourne Golf Club, where the Internationals claimed their lone victory over the U.S. in 1998. Related News The 2020 majors are scheduled for some familiar venues: the PGA Championship (May 14-17) visiting TPC Harding Park in San Francisco, the U.S. Open (June 18-21) returning to Winged Foot Golf Club in Mamaroneck, New York, and the British Open (July 16-19) going to Royal St. George’s Golf Club in Sandwich, England. As always, the Masters kicks off the year’s Grand Slam events, April 9-12, at Augusta National.Several changes have been made leading up to the Olympics, most notably, the Rocket Mortgage Classic in Detroit moves up a month to late May and the WGC-St. Jude Invitational and Barracuda Championship shift from late July to the first week of the month, exchanging dates with the 3M Open in Blaine, Minnesota.To see the entire 2019-20 PGA Tour schedule, click here. The PGA Tour will make several late-season adjustments to accommodate golf at the 2020 Olympics in Tokyo in an expanded 2019-20 schedule that kicks off with its opening segment this fall, the tour announced Monday.The 2019-20 schedule reflects a net increase of three tournaments over the current season, and 11 of the 46 regular-season events will be in opening portion of the schedule, September through November 2019. WGC-FedEx St. Jude Invitational: Brooks Koepka gets first World Golf win
LAKE MILLS — A Mason City man accused of kidnapping a Lake Mills woman has pleaded not guilty.38-year-old Kristofer Voigt is accused of entering a residence in the 200 block of Park Street in the early morning hours of November 7th, where he allegedly threatened to slit the throat of a woman inside the home. Voigt is then accused of taking the woman to another home in Lake Mills, another apartment, and then to a home owned by Voigt at 334 9th Northeast in Mason City.Authorities entered the residence at about 5:00 PM that day, with officers finding the woman and taking her to the hospital for treatment. Voigt was arrested and later charged with second-degree kidnapping and first-degree burglary, both Class B felonies that carry up to a 25 year prison sentence.Voigt filed a written plea of not guilty last week in Winnebago County District Court, with District Judge Gregg Rosenbladt setting Voigt’s trial to start on February 27th.