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Torben Möger Pedersen, PensionDanmark’s chief executive, said: “2015 was a turbulent year, particularly on the listed markets.”In the light of this, the pension is satisfied with the year’s investment return, he said.In its annual report, PensionDanmark warned that, over the next few years, it expects a somewhat lower return than in 2015.“The time of very high returns is over,” Möger Pedersen said.He said this was partly because of the very low level of interest rates, and partly due to the fact equities went from being priced at low levels just after the financial crisis to current levels, where they are priced slightly on the expensive side.He said there were also a lot of factors indicating that there would be greater swings in returns in the future than had been the case in recent years.PensionDanmark’s quoted equities made a 7.7% return in 2015, outperforming the benchmark by 3.4 percentage points, according to the annual report.Corporate and emerging market bonds, however, finished the year with a 2.4% loss, falling short of the benchmark by 0.8 percentage points.Within unlisted assets, private equity generated 12.1% last year, while infrastructure returned 7.2% and property 8.7%.PensionDanmark said it expanded its investments in infrastructure and real estate over the course of last year, emphasising that these assets were less sensitive to the economic cycle.It had DKK18.8bn invested in infrastructure and DKK13.6bn in real estate at the end of 2015, amounting to 18% of its overall investment assets of DKK183bn.The pension fund said the growth in employment in Denmark had shown through in its annual figures, with regular contributions rising 6% to DKK10.8bn in 2015, and membership numbers climbing by 20,000 to 684,000. Danish labour-market pension fund PensionDanmark reported 2015 investment returns of less than half the prior year’s levels at just over 5%.It predicted the returns it would reap over the next few years would turn out to be still lower, partly because equity markets are now overpriced. In its annual report, the pension fund said pre-tax profit on investment assets dropped to DKK7.1bn (€952n) in 2015 from DKK16.1bn in 2014.The pre-tax return for scheme members aged 65 fell to 3% last year from 10.6% the year before, while that for 40-year-old members slid to 5.2% from 10.5%.
The Technical University of Denmark (DTU) is developing digital solutions for controlling long-distance power flows in order to avoid blackouts and failure at energy hubs in the North Sea.The multiDC project focuses on developing intelligent digital solutions for controlling long-distance power flows to avoid blackouts and severe failure and looks into how to design the power flows in the Nordic grid with connections to Europe.According to DTU, in addition to a greater number of HVDC lines and connection points, the energy islands have to be in balance so that blackouts will not occur on the islands themselves. This is important as they, in conjunction with the connected offshore wind farms, will function as gigantic power plants in the future.“When we get the energy hubs in the North Sea, we will have even more HVDC lines and connection points in the Nordic grid, which must be controlled and coordinated,” said Ass. Prof. Spyros Chatzivasileiadis at Technical University of Denmark and Project Manager for multiDC.“Each of the planned energy hubs will be able to integrate 10-15 GW of wind energy into the electricity grid. Imagine we lost one of these hubs due to power failure. Denmark could suffer a complete blackout. We are working to prevent this at any time.”The project is working to achieve even better control of the power flows in the high-voltage lines connecting countries, which in this way can to a greater extent exchange the reserves that are available in each country to help the grid prevent imbalances and power failure, for example in the form of power plants ready to increase their production.This will significantly reduce the cost of operating the power system, as you can share the reserves and have common emergency response, DTU said.Researchers at DTU have also developed advanced market algorithms, which are said to help Denmark save millions of Euros a year in the electricity system by taking into account the energy losses that arise when dealing with energy across national borders via foreign connections.“In this way, those responsible for the losses will pay, instead of the bill ending up with the Danish system operator and thus the Danish electricity consumers,” Chatzivasileiadis stated.The North Sea Wind Power Hub consortium partners Energinet, Gasunie, Port of Rotterdam, TenneT Netherlands and TenneT Germany have committed to investigating the potential of establishing a large-scale offshore wind collection hub in the North Sea by studying technical, environmental and market perspectives.In order to be able to harvest the sustainable gigawatts from the sea between the Netherlands, Germany, the UK, Denmark and Norway, the vision is to increase the number of offshore wind turbines connecting to energy hubs, for example in the form of an artificial island. This allows the wind energy to be collected from the surrounding offshore wind farms and transmitted across Europe, DTU said.
RIPLEY COUNTY, Ind. – A man is critical condition after a shooting in Ripley County, police said.Deputies were called for a report of a missing person from a home in Osgood around 6:30 a.m. Tuesday morning.Police said the missing man was located on the property with what appeared to be a self-inflicted gunshot wound.He was flown to a Cincinnati hospital where he was listed in critical condition.The incident remains under investigation by the Ripley County Sheriff’s Office.
Promoted Content8 Weird Facts About Coffee That Will Surprise You10 Celebrity Dads Who Don’t Get Along With Their Kids9 Celebrities Who Look Older Than They Really Are8 Superfoods For Growing Hair Back And Stimulating Its Growth6 Extreme Facts About HurricanesLook At Something Beautiful That Wasn’t Made By A Human BeingThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreWhat Happens To Your Brain When You Play Too Much Video Games?Insane 3D Spraying Skills Turn In Incredible Street Art17 Astonishingly Beautiful Cave ChurchesThis 1982 Movie Is Better Than Any Other Blockbuster Up TodayWho Is The Most Powerful Woman On Earth? Loading… Kylian Mbappé was spotted in training with his PSG teammates on Sunday for the first time since his ankle injury, as the chances of him facing Atalanta grow stronger. The Champions League quarter-final kicks off in Lisbon on Wednesday at 20.00 UK time (19.00 GMT). Mbappé had originally been ruled out of this clash after badly spraining his ankle during the Coupe de France Final against Saint-Etienne on July 24. However, he was named in the squad travelling to Portugal for the Champions League Final Eight tournament. Training began in Faro on Saturday, with the temperature proving too hot for morning sessions, so they have been doing their work in the evenings. Kylian Mbappé pour la reprise .exercices d’appuis pic.twitter.com/5XZp91lVe1— ….. (@imbp20) August 8, 2020 Read Also: Chelsea legend John Terry shifts to golf after retirementReports from the camp claim Mbappé participated in part of the training session Sunday, missing the middle section, but returning to work with his teammates at the end.This is the first time he has trained with the others since the injury.Marco Verratti is still out of action and very unlikely to feature against Atalanta on August 12.FacebookTwitterWhatsAppEmail分享 Advertisement
Irvine clocked four minutes 20.260 seconds in the four-kilometre event to qualify second fastest and will now meet defending world champion Michael Hepburn of Australia in the final. Hepburn qualified in 4mins 18.456secs. Great Britain’s Steven Burke finished a disappointing 17th. Burke was lapped by qualifying opponent Alex Morgan, who, like Hepburn, was part of the Australian quartet which won gold ahead of Britain on day one, and clocked 4:32.153. Burke, 2008 Olympic individual pursuit bronze medallist behind Sir Bradley Wiggins, was a late replacement for Andy Tennant, who was withdrawn following the team pursuit. The 24-year-old from Lancashire, who won London 2012 team pursuit gold, was seeking to become Britain’s first world champion in the now non-Olympic event since Wiggins in Manchester in March 2008. Now Britain’s wait will be at least six years, with next year’s World Championships in Cali, Colombia the next opportunity. It shows the switch in focus after the individual pursuit was dropped following the 2008 Olympics. Ireland’s Martyn Irvine will go for gold in the men’s individual pursuit on day two of the Track Cycling World Championships in Minsk. Press Association
LONDON (Reuters) – British Prime Minister Theresa May hosted the World Cup-winning England cricket team in the garden of her Downing Street residence on Monday, describing their win as “one of the great sporting spectacles of our time”.England ended their 44-year wait for a first 50-overs world title by beating New Zealand in a nailbiting final Super Over on Sunday.May, a keen cricket fan, was at the match and, after the win, posted a video clip on Twitter of herself dancing.The prime minister, who is due to stand down next week, greeted the players in front of her residence and posed for pictures with the team and the trophy.“When the odds were against you in the biggest game of your lives, you simply and stubbornly refused to lose. It is that determination, that character, that has made you world champions. But, more than that, you have made history,” May told the players during the drinks reception, according to remarks released by her office.“You have helped the nation fall in love with cricket once again,” she said, adding that the match was “a final for the ages”.Since being unceremoniously dumped out of the 2015 edition of the tournament in Australia, the England side have reinvented themselves as one-day cricket specialists and had headed into the World Cup as overwhelming favourites.The match, which England won by the thinnest of margins after a tie-break Super Over, was watched by more than 8 million people in Britain.
Femi SolajaThe Executive Committee of the Confederation of African Football (CAF) is sure to increase countries to feature in the African Cup of Nations (AFCON) finals from 16 to 24 teams after a symposium wednesday in Rabat, Morocco recommended for the expansion of the biennial continental football fiesta.Also, the AFCON final, previously held in January/February, is also to be moved to June and July to end constant Club-Country skirmishes over African players in European leagues. The CAF exco is meeting this afternoon in Morocco to decide on the proposals before it. Both recommendations were made after a workshop on the future of the tournament that included much of CAFâ€™s leadership, and the decision is expected to be rubber-stamped.The timing of the AFCON finals has been contentious as it has been played in January, in the middle of the league season in Europe. The majority of AFCON players come from European clubs and increasingly found themselves drawn into a club versus country tug-of-war.The increase in teams follows the expansion of the European Championship last year, which African observers said had been a success.But the tournament will not be cut to once every four years as in Europe because its revenue remains a cornerstone of CAFâ€™s income. It also provides much needed competitive matches in the qualifying competition for smaller African associations, whose limited finances means they rely heavily on state support. Such support across Africa is readily given for official competitions as opposed to friendly internationals.The symposium also recommended much stricter standards on stadia for the finals and said future hosts would have to prove they had the necessary infrastructure, particularly high quality pitches and hotels for teams.These are problems that have bedeviled previous AFCON finals.One of the proponents for the expansion is President of the Nigeria Football Federation and President of AFCON, Amaju Pinnick.â€œThis proposal is hinged on sporting, commercial and infrastructural reasons, and we believe that sooner than later, everyone would come to appreciate the position of the proponents of a bigger Africa Cup of Nations.â€œGeorge Weah from Liberia became the only African to have been named the World Player of the Year, same year he was voted the African Player of the Year and European Player of the Year.He is from a nation (Liberia) many would consider a minnow in the African game. If we have a bigger AFCON, there will definitely be more talented players coming onto the stage, and we could just discover that the next â€˜Weahâ€™ would come from either Djibouti or Botswana.â€œFor commercial reason, more corporate organisations and stakeholders will be involved and it is certainly a bigger cake for everyone. CAF will be richer and the Member Associations will surely benefit.â€œWhen UEFA staged the European Championship in 2012, when it was a 16 â€“team event, they made a profit of $1.5 billion. Last year, when they staged a 24 â€“team event for the first time, they made $2.1 billion.â€œHaving a 24 â€“team AFCON will also compel the development of stadia facilities across the African continent, as CAF will certainly encourage co-hosting, and this will also ginger general infrastructural development in the continent,â€ observed the NFF chief.Former Cameroon goalkeeper, Joseph-Antoine Bell, one of over 200 African football personalities at the symposium, was however opposed to the proposal to increase the scale of the finals to 24 teams.“This will restrict to just a handful the number of African countries who are able to host future Nations Cup,” stressed the veteran goalkeeper.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram
Sports are very unpredictable.Just ask a Vegas bookie about USC’s home loss to Stanford in 2007.Or about the likelihood of Notre Dame’s fourth quarter near-comeback against the Trojans three weeks ago.Or even about the chance that a home underdog would beat the then-No. 5 team in the nation by 27 points.But if there is anything certain about sports, it’s that a team will suffer injuries.Every team does, and a big part of what determines a given team’s success is the collective reaction to injuries over the course of a season.But at the end of that season, frequently the biggest indicator of relative success is how many of a team’s expected starters finish the season in a starting role.And no matter how many times coaches tell you that you can have rookies, freshmen and inexperienced players take over for your veteran expected starters, nothing compares to having as many starters as possible actually start.The more, the better. The fewer, the worse.Just take a look at this year’s Trojans.Let’s estimate how many collective games have been missed by starters or significant contributors for USC this season and try to evaluate the job done by the fill-ins.At quarterback, true freshman starter Matt Barkley sat out the Washington game with a bruised throwing shoulder. Redshirt sophomore Aaron Corp made his debut as a starter and was widely blamed for the 16-13 loss.Senior running back Stafon Johnson has missed four games since suffering a tragic weightlifting injury to his throat and is out for the remainder of the season, although redshirt junior Allen Bradford has performed admirably in his absence.Redshirt junior fullback Stanley Havili has been out for the last two games with a dislocated right shoulder. Sophomore D.J. Shoemate has stepped in and blocked well, but hasn’t caught a pass.At receiver, juniors Ronald Johnson and David Ausberry have missed a combined eight games. Redshirt freshman Brice Butler has grown into a fourth receiver role, but a lack of targets has admittedly hurt the Trojans’ offense thus far.Senior tight end Anthony McCoy missed the Oregon game with a sprained ankle. McCoy had caught seven passes for 178 yards and two touchdowns in the last two games, but his replacement, sophomore Rhett Ellison, didn’t catch a single ball.The offensive line has been the least affected, but still, junior center Kristofer O’Dowd — USC’s offensive lineman of the year in 2008 — sat out the season opener and the last two games, as he is recovering from a dislocated kneecap.On the defensive line, projected starter Armond Armstead was out for the first five games and is now hurt again with a broken wrist. At the opposite end, junior Everson Griffen, was hobbling this week in practice with turf toe. For the most part, young defensive ends Nick Perry and Malik Jackson have played well, but the defensive line completely collapsed against Oregon.Junior weakside linebacker Malcolm Smith has missed two games and is likely to miss more with a shoulder injury. One of the backups who could replace him, redshirt sophomore Jordan Campbell, missed four contests but could return this week.Besides expected starter redshirt junior Shareece Wright’s academic ineligibility switching around the defensive backfield, the Trojans have also had to deal with senior safety Taylor Mays missing a game, junior safety Drew McAllister missing two, and serious injuries to nickel and dime contributors junior Marshall Jones and redshirt freshman Brian Baucham — totaling nine missed games.Count them all up, and that’s 42 man-games missed by key contributors out of a total of eight games this season.Compare it to UCLA’s 11 defensive starters missing a combined one game.The traditional coach-speak book says in these situations that other, less-experienced players will step up to fill the veterans’ void.“We have a great history here of guys stepping up and playing really well and coming through,” USC coach Pete Carroll said in his Tuesday press conference. “That’s the only way we know how to expect that to happen. And that’s what we’re counting on. Nobody’s come here to just sit around.”And few will be able to.There exists a certain point where injuries ravaging a team become more than just setbacks. At some point, they become part of a team’s collective psyche.How do you know when? It happened against Oregon.USC did not play with its traditional fire. You saw guys shy away from hits routinely. Oregon weapons quarterback Jeremiah Masoli and running back LaMichael James literally ran over the Trojans on multiple occasions.It’s the point where mental meets physical and physical meets mental.“It’s not just the mental things, it is the physical side and getting them ready well so we can play,” Carroll said. “We’re doing it, and I think these guys are pretty resilient.”Only the coming weeks will tell.“Looking Past the X’s & O’s” runs Wednesdays. To comment on this article, visit dailytrojan.com or email Pedro at email@example.com.