Asset managers say capital markets must be ‘servants of society’

first_imgCapital markets must be reformed to better serve society, examining risks other than traditional financial metrics, according to a UK think tank.The report by Tomorrow’s Company argues that threats to quality of life, climate change and future nutrition need to be better addressed by capital market participants, as the market has a “vital” part to play in meeting such human needs.Mark Goyder, chief executive at Tomorrow’s Company, said it was important for markets to be “servants of society and not behave like the masters of the universe”.“We need to design the rules of markets and shape our habits as market participants so we see life this way,” he said. The report, titled ‘Tomorrow’s Capital Markets’, argues that there is a need to understand that an asset’s value is “multi-dimensional rather than simply financial” and suggests a greater focus on environmental, social and governance matters.“It is about building risk resilience now and for the future,” the report says.“It is about identifying the opportunities that come from dealing with challenges we need to urgently address.“And it is about recognising that addressing these challenges and achieving acceptable, if not superior, risk-adjusted returns are not incompatible aims.”The report adds that it is about ensuring money is not being invested “only to end up in a miserable world”.The report follows on from a number of similarly themed reports by the think tank, which argue that short-term investment is “yesterday’s game”, as well as a list of recommendations by asset owners on how to improve stewardship.The new report, supported by consultancy Towers Watson and asset managers including Aviva Investors and Hermes Investment Management, also stresses the importance of aligning incentives with the interest of investors.Damien Carnell, director at Towers Watson and a member of the report’s steering group, emphasised the need to understand how incentives could lead to “unwanted consequences”.“In future,” he said, “there needs to be a much greater awareness of the design process, the importance of governance in design and operation, and the role of good corporate culture for incentives to be improved.”last_img read more

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The cancer timebomb: Parents letting kids sit in front of TV / computer screens

first_imgMail Online 8 January 2013Millions of parents are putting their children at risk of cancer because they let them spend too long sitting– either  watching TV, playing computer games or surfing the internet. Doctors have today delivered a stark warning  that a generation of youngsters is also at risk of obesity, heart disease and  diabetes because of their  sedentary lifestyles. Even more worrying is that children who do  exercise regularly are still at  risk, because long periods of inactivity could  still lead to obesity.Experts have now urged parents to limit the  amount of time children spend being sedentary to two hours a day. But a 2011 study by the World Cancer Research  Fund (WCRF) found that the average child in the UK is already exceeding this by  watching more than two-and-a-half-hours of  television and surfing the internet  for an hour and 50 minutes a  day.…Experts have now urged parents to limit the  amount of time children spend being sedentary to two hours a day. But a 2011 study by the World Cancer Research  Fund (WCRF) found that the average child in the UK is already exceeding this by  watching more than two-and-a-half-hours of  television and surfing the internet  for an hour and 50 minutes a  day. The exact mechanism of how being sedentary  causes cancer is still  relatively unknown. But it’s thought that physical  activity decreases the risk of cancer by reducing inflammation in the body – which is linked to developing the condition, Dr Thompson said. Being active also reduces body  fat – it’s  known that obese people have higher levels of inflammation in the body – and  increases insulin sensitivity, thereby reducing the risk of diabetes. She added: ‘Being overweight also increases  levels of certain  hormones such as oestrogen, and this has been linked with an  increased  risk of certain cancers, such as breast.’ Indeed, the most physically active women are  20 per cent less likely to  get the disease than their most sedentary  counterparts, according to Cancer Research UK. Furthermore, an increasing body of research  is linking a lack of  physical activity to between 6 and 10 per cent of all  cases of heart  disease, type-2 diabetes, and breast and bowel cancer. The charity says a review of several studies  showed a 24 per cent risk  reduction for colon cancer in the most versus least  active men, and a 21 per cent risk reduction in the most active women.http://www.dailymail.co.uk/health/article-2258817/Cancer-warning-Doctors-urge-parents-cut-childrens-TV-time-cut-risk-disease-later-life.htmllast_img read more

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Liverpool vs Chelsea, LaLiga, Serie A this weekend on DStv, GOtv

first_imgDStv and GOtv subscribers can look forward to a thrilling weekend of European football action as SuperSport broadcast live action from the Premier League, LaLiga and Serie A from July 18 to 22, 2020.The round’s action in the Premier League is headlined by its final match on the evening of July 22 when Liverpool welcome Chelsea to Anfield. The match will conclude with the champion Reds lifting the trophy (as it is their final home fixture of the season), but Chelsea will be far more concerned with the 90 minutes preceding that as they chase UEFA Champions League football for next season – and also look to lay down a marker that they could be a challenger to Liverpool’s title defence in 2020-21.The match will air live at 8:15pm on DStv SuperSport 1 & 3.Liverpool defeated Chelsea 2-1 when the teams met in a Premier League clash at Stamford Bridge back in September 2019, though the Blues turned the tables to win 2-0 in an FA Cup tie in March 2020, a result they will very much be hoping to repeat in an aim to secure top-table European football next term.This weekend of LaLiga action is headlined by Real Madrid’s trip to Leganes at Estadio Municipal de Butarque on Sunday as they look to return to the champion status in Spain’s elite division.Los Blancos may have wrapped up a record-extending 34th league title by the time of this match and their strong form since the end of lockdown will make them worthy champions. The match will air at 8pm on DStv SuperSport 4.Real will feel confident of defeating Leganes, having thumped their fellow Madrid club 5-0 at Estadio Santiago Bernabeu back in October 2019, courtesy of goals from Rodrygo, Toni Kroos, Sergio Ramos, Karim Benzema, and Luka Jovic.Also on LaLiga this weekend, Barcelona’s final match as likely outgoing champions will see them face Deportivo Alaves at Estadio Mendizorrotza.The game could well be manager Quique Setien’s final domestic clash as manager of the Blaugrana, with his likely failure to defend the league title seen as an unforgivable sin in Catalonia.Only if he can guide Barca to the UEFA Champions League next month will his job be saved. This exciting match will air live at 8pm on DStv SuperSport 11The pick of this round of Serie A matches is the meeting of Juventus and Lazio at the Allianz Stadium in Turin on Monday evening, a key game as far as potentially deciding the title is concerned.The Bianconeri will feel that a ninth successive Scudetto is theirs for the taking, while Le Aquile must win to revive their hopes of a first championship since the turn of the century.The match will air live at 8:45pm on DStv SuperSport 1 &9 and on GOtv SuperSport Select 5.RelatedPosts Lampard: I still have confidence in Tomori Mane double eases Liverpool to win over 10-man Chelsea EPL: Chelsea, Liverpool in cagey duel The Turin giants will also be eager for revenge, having been beaten twice by Lazio this season: the Rome-based side beat Juve 3-1 both in a Serie A clash back in December 2019 and in a Super Cup match later the same month.Don’t miss the conclusion of the 2019-20 football season on DStv and GOtv.Visit www.dstv.com and www.gotvafrica.com to subscribe or upgrade, and join in on the excitement.And while you’re on the move, you can stream matches on DStv Now.Tags: ChelseaDSTVGoTVLa LigaLiverpoolSerie AWeekend Programslast_img read more

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George siblings perform well at Goodwill Swim Meet

first_imgBy Tamica GarnettTWIN sisters Jadyn and Daniel George were Guyana’s top performing swimmers at this year’s Goodwill Swim Meet. Guyana collected a total of 15 medals and finished with 373 points to end in sixth position at the meet which concluded last Sunday at the Rodney Heights Aquatic Centre in St Lucia.Jadyn and Daniel ended with three gold and three silver medals, respectively. Jadyn was the only swimmer on Guyana’s team of 29 swimmers to win a gold medal at the regional event, in which teams from Suriname, Barbados, Trinidad, St Lucia, and the Bahamas also participated.The ultimate team win once again went to Trinidad and Tobago, who amassed 1 397 points to defend their title. In an almost exact repeat of last year’s placing Suriname once again came in second, ending with 1 080 points this year. Barbados again finished third, after assembling 721 points, and St Lucia were in for fourth, with 635 points.The only change in this year’s results was that Bahamas moved up to finish fifth, having 566 points, while the Guyana team returned to the cellar position.The other medal-takers on the Guyana team were Phillip DeNobrega, Ariel Rodrigues, Reakwon Noel, Nathan Hackett, and Kenita Mahaica.Jadyn won Guyana’s first gold on Friday, when the competition began, in the Girls 11-12 100m freestyle, where she clocked 1:05.25s for the win. Danielle was just on her heels clocking 1:06.12s to take the silver.The pair were back at it again on Saturday for the gold and silver in the 50m freestyle, with Jadyn finishing in a time of 29.69 seconds and Danielle touching the wall in 30.21 seconds.On Sunday they challenged each other in the 200m freestyle, closing off their medal earnings by finishing in 2;21.58s for gold and 2:26.88s for silver.On the Boys side, Phillip DeNobrega started off with silver in the Boys’ 15-17 100m freestyle, ending the race in 56.74 seconds. On the same day he put forward a time of 1:04.06s in the 100m backstroke, which was just enough to get him the bronze medal in that event.As the competition continued he managed a bronze in the 50m butterfly with a performance of 28.07 seconds, before he ended with silver in his 200m freestyle (2:05.81s).After shining brightly in the Girls’ 8-and-under category last year, multiple gold medallist Aleka Persaud fell from grace as she took on a new age category this year. She could only muster a single bronze medal performance in the Girls’ 9-10 50m butterfly with a time of 33.67 seconds.This year’s 8-and-under girl, Ariel Rodrigues, saw herself claim a bronze medal off her 42.18 seconds’ swim in the 50m butterfly of her category.Kenita Mahaica took bronze in the Girls’ 13-14 50m backstroke (35.02s), Raekwon Noel won bronze in the Boys’ 9-10 50m butterfly (32.52s). in the Boys’ 13-14 category Nathan Hackett clocked 30.77 seconds to take a bronze in the 50m backstroke.last_img read more

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EBFA hosts Coaches Awareness Workshop … New club Diamond Upsetters gets support

first_imgTECHNICAL Adviser to the East Bank Football Association (EBFA) Mr Winston Benons recently held a Coaches Awareness session with the chief tacticians attached to clubs affiliated to the association.Held at the Diamond Community Centre, Benons said that the session was aimed at reaffirming a number of important components of the sport that must be upheld and improved upon by the coaches.“This is one of my regular sessions with the coaches as I seek to ensure that they are on top of their game at all times, as they work towards improving the overall abilities of the players attached to the various clubs in the association.”Among the areas Benons dealt with were: Change in Culture where he reminded the coaches that they are required to spearhead the change; Respect for the game, players, parents, community and self; Players Safety; Players Rights; Coaches Behaviour; Coaches and Parents Relationship and Child Abuse Awareness .Meanwhile, Diamond Upsetters, a new club that has been formed in the Diamond Community was presented with balls, FIFA branded bibs, tee-shirts, boots and cones, compliments of the EBFA and Benons.last_img read more

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Young Jamaican scientist develops ground-breaking diabetes medicine

first_imgDr Denice Daly Scientist, Dr. Denise Daly, has used her passion for plants to develop a line of nutraceuticals to be used in the treatment of diabetes.Through her research on the eucalyptus plant, she has created food items and supplements, which will assist thousands of Jamaicans suffering from the chronic condition.These include cooking oil, teas, margarine, and supplements, including Tincture.For her innovation, Dr. Daley was named the 2016 Young Scientist of the Year at the National Science and Technology Awards held last November.Dr Daley formulated and did product development for functional foods and nutraceuticals from the compounds that were isolated from the eucalyptus plant. In 2012, she won Innovator of the Year for the extracted compounds.The compounds are now patented.“We wanted to make them more available to Jamaicans who have diabetes and hypertensio,” she said.Dr Daley is now looking at local manufacturers to start producing the medicine on a large scale, after which she will begin marketing and distribution.“My grandmother has diabetes, so that was part of the drive, as well, to get stuff done, to find out more about folklore plants that are used for diabetes,” she added.Dr. Daley currently does the oil blends for her grandmother, as well as some of the teas and the margarine, which she makes at home.She recommends that persons with diabetes use natural products to assist in normalising the blood sugar. She, however, promotes integrated medicine, that is using natural items along with traditional medication.In addition to diabetes products, Dr. Daley has also developed a line of natural skincare and hair care products, infused with essential oils and herbs. The products, under the brand Nasore, include handmade soaps, hair and body oils as well as lip balms.“It was originally a hobby, which I started to share with friends, which eventually became a business. Each soap has a different character and is infused with natural herbs and essential oils such as moringa, neem, tea tree oil, grape seed oil, turmeric, flax seed and coconut cream,” she shares.The products are ideal for the treatment of eczema and acne, skin hydration, exfoliation, relaxation, and evening the tone and improving elasticity.last_img read more

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James Harden: Rockets’ needs reflected in scoring streak

first_img“I try my best to block [criticism] out, but it’s kind of hard, you know? Especially when it’s coming from like ex-NBA players, you know? So it makes it more difficult, but, obviously, everybody’s entitled to their own opinion.”Harden, 29, is averaging 36.6 points, 7.7 assists and 6.7 rebounds through 54 games this season.The Rockets (33-24) have gone 21-10 during Harden’s streak. “The scoring streak is obviously amazing, but it’s something that I just had to do because of our situation,” Harden told ESPN. “We had all the injuries and guys in and out of the lineup and things like that. So I think the streak just started happening, and now it’s like something to talk about.”But it’s not something that I’m really honestly focused on. That’s something I have to do in order to give us a chance to win the game.” Related News Harden, who is averaging 41.5 points during his run, tied Wilt Chamberlain for the second-longest streak of 30-point games in NBA history (Chamberlain also holds the longest such streak, at 65 games).The reigning NBA MVP acknowledged it can be hard to ignore the critics, but said he’s doing his best to just keep his head down and play his game.”Yeah, I hear it. It’s hard not to hear it — especially nowadays,” Harden said. “You have social media. You have fans that are reading what people saying and ask me about it … James Harden motivated by wins, not scoring streak James Harden is chasing the NBA record book, but he’s only doing it to help his team chase a championship.The Rockets star is in the midst of a 31-game stretch in which he’s scored at least 30 points in each contest, providing extra offense as Chris Paul and Clint Capela have dealt with injuries.last_img read more

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Thursday April 9th Local Sports

first_imgMASON CITY — The NIACC basketball teams will be getting a new Iowa Community College Athletic Conference opponent. Iowa Western is planning to join the Division II level of the conference in men’s basketball starting in the 2020-21 season, with the women’s basketball team joining in the 2021-22 campaign. The moves would give the Iowa Community College Athletic Conference’s Division II men’s league a total of nine teams with each team playing 16 conference games. The Division II women’s league would increase to 10 teams with 18 conference games being played starting in the 2021-22 season. Both NIACC basketball teams have played Iowa Western in non-conference competition for several years, the men since the 2016-17 season, the women since the 2011-12 season. NEWTON — The Iowa Speedway will be hosting an IndyCar Series doubleheader in July as part of a revamped schedule. The July 17th and 18th races will be under the lights. Mark Miles is president of Penske Entertainment which operates the series.The Iowa Speedway is one of two venues to be awarded two races and Miles calls it an efficient way to rework the schedule.Miles says all sports are working with their broadcast partners in hopes of putting together a new schedule.The first IndyCar race is scheduled for June sixth at Texas and Miles says there are no plans to run races without fans.Single race and event weekend ticket information will be available in the coming days. CLINTON — Stadiums will be quiet today in what was scheduled to be opening day in the Midwest League, but the coronavirus pandemic has left everyone wondering if there will even be a minor league baseball season. The Clinton Lumberkings were scheduled to open the season at Beloit tonight. Lumberkings general manager Ted Tornow says the fans and sponsors have been supportive.Tornow says minor league baseball should not return until the time is right.The Iowa Cubs were to have opened the Pacific Coast League season Thursday at Nashville. TONIGHT:AM-1300 KGLO — Minnesota Twins Classic — May 3, 2011 — Francisco Liriano fires no-hitter for Twins — 7:00 IOWA CITY — Iowa wrestling coach Tom Brands has been named the national coach of the year. Brands was honored by the National Wrestling Coaches Association after leading the Hawkeyes to a 13-0 dual record and the Big Ten Tournament title. They were favored to win the national crown before the NCAA Championships were cancelled.Brands says this team was successful on the mat and in the classroom.It’s the second coach of the year honor for Brands, who previously was named the InterMat Coach of the Year.last_img read more

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Ozil comments laughable – Arsenal great Wright

first_imgFormer midfielder Emmanuel Petit told the Sunday Mirror Ozil and his team-mates needed someone to tell them “not to act like babies and kids”.Wright, Arsenal’s second-highest goal-scorer, defended the right of former players to criticise the current regime.“We all feel the same because we’re all passionate and we all love the club,” he said.“What are we supposed to say? That they’re unbelievable, in the boardroom, the boss, and the way they’re playing? Because they’re not. I can’t understand it.“We’re not talking about former players criticising a team that’s charging up the league and winning leagues.“Yes, we’ve won the FA Cup and when they’ve done that, they’ve rightfully been praised for that. But we’re talking about a team that’s under-performing.“Not just the team — people in the boardroom, the manager with his decisions, everybody.”Share on: WhatsApp London, United Kingdom | AFP | Arsenal great Ian Wright has branded Mesut Ozil’s complaints about the criticism he receives from former players “laughable” in view of his failure to sign a new contract.In a long Facebook post on Saturday, Ozil hit out at his critics in the media and told Arsenal’s former players to “stop talking and start supporting”.But with the 28-year-old Germany playmaker still to extend a contract that expires at the end of the season, Wright says Ozil is in no position to tell anyone what to do.“Sign a contract, if you feel that strongly about people criticising the team, because you’re somebody who is integral to Arsenal’s success,” Wright told BBC Radio 5 Live on Sunday.“You’re not signing a deal and you’re probably going to continue to hide behind the fact that (Alexis) Sanchez is the one that everybody’s going to say, ‘Is he going to go?’“Why haven’t you signed yet? That’s what I would say to you. If you feel that strongly, why haven’t you signed yet?“A player that is not actually performing on the pitch is coming out, calling people out, and he’s not signing a contract. It’s laughable.”Consecutive losses to Stoke City and Liverpool, who thrashed Arsenal 4-0 at Anfield, have left Arsene Wenger’s side in 16th place in the Premier League tablelast_img read more

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Lily May takes on the men and shines

first_img2 Mar 2017 Lily May takes on the men and shines England 14-year-old Lily May Humphreys declared her intentions for the 2017 season with a remarkable third place finish in a men’s professional event in Spain. The honours in the Evolve Tour’s 54-hole tournament went to Miguel Angel Martin, a three-time winner on the European Tour who blitzed away from the field with a score of 13-under. But Humphreys, who shot level par, could have been second were it not for a triple bogey eight at the 14th in her first round. As it was, she had rounds of 71, 73 72 and finished just a shot behind Spain’s David Borda. Humphreys, from Channels in Essex, played in the event just after joining the England Golf girls’ squad for warm weather training at Quinta do Lago in Portugal. She’s following up on a remarkable year in 2016. Humphreys, from Channels in Essex, enjoyed a long list of successes, including wins in the Fairhaven Trophies, the English U16 girls’ championship, the North of England U16 championship and the Liphook Scratch Cup, where she became the youngest-ever player to take the trophy. She was also third in the European Young Masters. Image © Stills Photographylast_img read more

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