Institutional investors driving sustainable fund growth in Austria

first_imgThe market for funds invested according to sustainability criteria continues to grow strongly in Austria with assets increasing by 12% in 2017.At the end of 2017 there were 82 funds offered to institutional and retail clients (2016: 66 funds) with a total volume of €7.5bn.Overall, 16 out of 19 investment companies offering funds in Austria now have one or more funds with a sustainability label.“Even three or four years ago it was only half of the providers, now almost everyone has it,” said Reinhard Friesenbichler, founder and managing director of RFU Consulting, which specialises in sustainability research. “It is not a niche anymore but a well established segment,” he told IPE.A similar growth in assets was reported in 2016 and 2015, indicating that the main source for demand for sustainability funds was Vorsorgekassen, which manage mandatory payments by employers for severance pay.At year-end 2017 these funds managed €10.4bn in total, an increase of 11% year-on-year – after an 8% growth in assets in 2016.All of the eight providers in this market have committed to a 100%-sustainable investment policy. Only the criteria differ in each Vorsorgekasse.Friesenbichler confirmed most of the demand for sustainable funds came from Vorsorgekassen and Pensionskassen, followed by churches.“But we see a lot of interest from insurers, which will definitely drive demand in the near future,” he added.More than half of the sustainability funds offered on the market have qualified for the Austrian “Umweltzeichen”. This national environmental label has been around for various products since 1990, and was adjusted for financial products in 2004.“The ‘Umweltzeichen’ has a high standard compared to other labels and has already become the minimum standard many Austrian investors are expecting,” said Friesenbichler.Even international investment companies offering sustainable funds on the Austrian markets have applied for the label.Friesenbichler highlighted the high level of standards in this fund segment, saying: “We do not see ‘green washing’ happening in the market on a larger scale.”Because of the high standards of the Umweltzeichen, the European label FNG, introduced in 2016, has not really gained much foothold in the Austrian market.last_img read more

Looking to ‘re-size’? New mixed-use development in Ascot is ideal

first_imgAnnette McNickle and her husband Peter, a couple from Hamilton, are leaving behind their five-bedroom, three-bathroom family house and moving to Silk.‘Re-sizers’ looking for their next home are the focus of a new mixed-use development in Ascot.RELATED:Buying off the plan? Architect reveals top tipsAward-winning Loucas Zahos Architects principal architect Con Zahos said resizers were those transitioning to a lifestyle that’s in-between quarter-acre block suburban living and high-rise, high-density living.An artist’s impression of the street view of the new SILK Ascot development.“Today’s resizers can be empty-nesters or young, inner-city dwellers, but they know what they want; well-designed apartments that don’t compromise on quality and style,” Mr Zahos said.“We’re seeing a push for apartments that reflect the resizer’s own personality in vibrant areas near the CBD.“We started our first bespoke, mixed-use complex in 2002 and it’s becoming a growing trend that will define our future city landscape.”An artist’s impression of the kitchen within the new SILK Ascot development.Through a tailor-made approach, the architectural practice offers clients unparalleled input into the design of their own Silk apartment on Racecourse Rd, including layout and finishes selection.>>FOLLOW EMILY BLACK ON FACEBOOK< read more

Boracay draws 2 million tourists in 2019

first_imgIt also registered a total of 932,433domestic tourists which was up by 163 percent from 2018 with 64,547 overseasFilipino workers. The growth in tourist arrivals can beattributed to the increase in connectivity from mainland China and Korea to theAklan province and the influx of visitors after the six months temporaryclosure of the island, the municipal tourism office said.         Around 434,175 Chinese tourists, whotopped the list of foreign arrivals, have stayed in the island. BORACAY – Tourist arrivals in thisworld-famous resort island hit 2,034,599 in 2019, according to the Malaymunicipal tourism office, increasing by 116 percent from 2018. Chinese still dominates foreign arrivals in Boracay Island in Malay, Aklan. According to the Malay Municipal Tourism Office, a total of 389,885 Chinese tourists visited the world famous from January to October 2019. AKEANFORUM/BOYRYANZABAL The Malay municipal tourism officerecorded a total of 443,468 inbound travelers who visited the island on Apriland May last year while the month of June accommodated 189,444 tourists.center_img In 2018, over 941,000 people visitedthis island, of the figure, foreigners tallied 565,341 tourist arrivals while354,558 came from local tourists.(With areport from Akean Forum/PN) Korea landed on the second spot with400,610 tourist arrivals followed by Taiwan with 30,634. People from China, Korea and Taiwanregistered as the top three visitors of the island, the municipal tourismoffice said, accounting for 83 percent or 865,419 of the total foreigners fromJan. to Dec. last year. Included in the top 10 arrivals weretourists from countries such as the United States with 24,827; United Kingdom(13,715); Australia (12,785); Russia (12,784); Japan (11,474); Saudi Arabia(10,789); and Germany (7,441).last_img read more

James C. Bamberger

first_imgJames C. Bamberger, 77, of Aurora, Indiana, passed away Thursday December 26, 2019 in Aurora, Indiana.He was born March 17, 1942 in Cincinnati, Ohio, son of the late August “Gus” Bamberger and Loraine (Elstun) Bamberger.James was a truck driver for Drysdale Trucking Company.James loved to watch ESPN, especially football and golf. He enjoyed woodworking, and he liked to make rocking horses. James also liked to play games on his phone, but family time was his greatest joy, and he will be greatly missed by all.James is survived by his loving spouse Carol Bamberger (Ottopal), children, Jody (Pete) Franklin of Burlington, KY, Michael Bamberger of Florence, KY, John (Amy) Bamberger of Burlington, KY, Tony (Tammy) Bamberger of Milan, IN, Mark (Liz) McGownd of Aurora, IN, Scott McGownd of Aurora, IN, Rod McGownd of Aurora, IN; brother, Alvin (Phyllis) Bamberger of Cynthiana, KY; 14, grandchildren; 12, (and one on the way), great-grandchildren.He was preceded in death by his parents; brothers Tony, Lee, Ronald and Donald; sisters, Dorothy, Norma Jean and Betty.Friends will be received Saturday, December 28, 2019, 11:00 am – 2:00 pm at the Rullman Hunger Funeral Home, 219 Mechanic Street, Aurora, Indiana.Services will be held at 2:00 pm with Pastor Josh Bamberger officiating.Interment will follow in the Craven Cemetery, Milan, Indiana.Contributions may be made to the St. Jude Children’s Hospital. If unable to attend services, please call the funeral home office at (812) 926-1450 and we will notify the family of your donation with a card.Visit: www.rullmans.comlast_img read more

Villa slip up in Fulham draw

first_img Paul Lambert’s side had been unlucky not to have led at the break but Charles N’Zogbia finally made the breakthrough before the hour mark at Villa Park. However Delph’s own goal, combined with a glaring miss in the 73rd minute, allowed Fulham to go home with a point and denied Villa the chance to go five points clear of the bottom three. Villa headed into the match seemingly timing their pull from relegation perfectly, winning three of their past four to leave them two points clear of the drop zone heading into the game, with rivals Sunderland and Wigan not in action. Fulham suffered a blow in the 10th minute when Damien Duff was forced off with a leg injury and replaced by Stanislav Manolev in an otherwise quiet opening period. Ashley Westwood’s 24th-minute corner caused Fulham a moment of anxiety before Christian Benteke side-footed over from towards just outside the six-yard box when he should have added to his overall tally of 19 goals from Andreas Weimann’s ball in. In the 31st minute Benteke and N’Zogbia played a series of one-two passes with each other before the former found his colleague with a delicate cross on the left, which N’Zogbia tried to clip home only for Mark Schwarzer to save impressively. Villa kept up the pressure from the restart and it finally told in the 55th minute. Matthew Lowton found Weimann in the box and though Brede Hangeland blocked the Austrian’s attempt, N’Zogbia had time to shift the ball onto his left foot and bend it into the left-hand corner. The equaliser came in the 66th minute. Bryan Ruiz’s corner from the right should have been dealt with comfortably at the near post but Villa midfielder Delph contrived the flick the ball backwards with his head, leaving Brad Guzan rooted and Westwood unable to scramble it away before it crossed the line. Villa had a sublime chance in the 73rd minute when Delph wasted the opportunity to atone for the own goal, blasting a loose ball at the back post high and wide with his left foot from Weimann’s teasing cross. Press Associationcenter_img Aston Villa missed the chance to pull well clear of the Barclays Premier League relegation zone as Fabian Delph’s bad day at the office proved costly as they recorded a 1-1 draw against Fulham.last_img read more

Couple outraged after dog fatally crushed by FedEx package

first_imgA California couple is outraged after they say their Yorkshire terrier named Cooper was crushed to death by a package tossed over the fence by a FedEx delivery person.The dog’s owners say a FedEx delivery person recently walked up to the wall outside their home with a package containing a heavy glass bowl and a Scrabble game set.The worker allegedly chucked the package over the fence, where Cooper was standing.Owners Keiko Napier and Michell Galin told Inside Edition they found their 4-pound dog in a pool of blood.The couple rushed Cooper to a local veterinarian who told them she had severe injuries to her lungs and liver.After seeing the pain she was in, they decided to euthanize her.FedEx expressed their “deepest sympathies” to the family and said in a statement that they would investigate what happened and take the appropriate action.However, they want more from the FedEx than a promise to look into the incident.This story is developing.last_img read more

Guinness Greatest in the Streets Football Tournament

first_imgSparta Boss squeeze through on penaltiesTWO-TIME defending champions Sparta Boss squeezed through the opening round of the Guinness Greatest in the Streets Georgetown leg on Monday evening at the National Cultural Centre tarmac.The side opened with a tense 3-1 penalty win against Hardina Street after Jermin Scott had his goal cancelled out one minute later by Sheldon Shepherd.In the opening fixture of the evening, Queen Street Tiger Bay overcame Fruit Stand 2-0 thanks to a brace from Deon Alfred in the 4th and 6th minutes.Camp Street All-Stars booted Railway Kitty from the competition, compliments of a 3-1 score line, goals coming from Wendell Austin (15th), Dwayne Christopher (17th) and Steve Bacchus (27th) while Shane Cooper scored his team’s consolation goal.Bent Street were also victors on Monday night as they dispatched Holmes Street Tiger Bay 2-1 with goals from Anthony Abrams (23rd) and Stellon David (28th) while Akeem Saul (4th) was on target early for the losers.Game four saw Leopold Street also move on to the next round after goals from Sheldon Profitt (7th) and Orandel Williams (14th) downed South Ruimveldt 2-0.Game five was laden with goals as Festival City Warriors beat Norton Street Ballers 5-2. Festival City had Eon Alleyne on target from the whistle in the 6th second and 5th minute, while Cecil Williams (15th), Dwayne Lawrence (21st) and Daniel Favourite (24th) each registered wins. Norton Scorers were Joshua Parvatan (20th) and Nigel DeCamp (30th)Tucville needled Island All-Stars-A 1-0, thanks to Delon Williams (24th) while Channel 9 Warriors downed Shopping Plaza 2-1, thanks to Kevin Barrow (2nd) andJoshua Fiffee (26th) while the Plaza had Stephen Dolphin (6th) on target.Matches continue tomorrow with Alexander Village against Up Like Seven while North Ruimveldt take on Jamoon Drive.Albouystown-A play Upsetters on that evening as well, with Back Circle taking on Hope Street Tiger Bay, Broad Street Ballers opposing Howes Street, North East La Penitence facing Island All Star-B, Albouystown-B playing West Back Road and West Front Road clashing with Stevedore Ballers.The first round of the tournament will be straight knockout while the round of 16 will be round-robin. This leg will see the winners cart off $500 000, second-placers $200 000, third-placers $150 000 and fourth-placers $75 000.There are also legs billed for the West Coast Demerara, West and East Coast Berbice, Linden and Bartica.last_img read more

Windsor Park returns as international venue in busy 2020 home schedule

first_imgST JOHN’S, Antigua (CMC) – Windsor Park is set to return as a venue for West Indies’ home schedule next year when it hosts two limited overs fixtures on the New Zealand tour, as the region braces for a heavy itinerary which will also see tours by South Africa and minnows Ireland.The venue suffered damage when deadly Category Five Hurricane Maria devastated Dominica two years ago, leaving hundreds of millions in damage and over 31 people dead.Windsor Park had its last taste of international cricket earlier in 2017 when Pakistan beat West Indies on a dramatic final day of the last Test.Having returned to the domestic schedule this year when it staged a first class match between Windward Islands Volcanoes and Leeward Islands Hurricanes back in February, the venue will play host to one ODI and a T20 International – one of 11 West Indies are expected to play ahead of the T20 World Cup in Australia later that year.The three-year home cycle was announced Friday by Cricket West Indies (CWI) which will see Sri Lanka, Australia and Pakistan tour in 2021 and England, Bangladesh and India arrive the following year.“This is a significant step forward for CWI and cricket fans and stakeholders across the region,” said CWI chief executive Johnny Grave.“Not only does this provide a full calendar of international fixtures which allows us to better plan and schedule our cricket, but it allows everyone who supports and loves cricket to know when the next big game or tournament is coming.”West Indies will welcome Ireland at the start of next year for a series comprising three One-Day Internationals and three T20 Internationals from January 4-19.After touring England for three Tests in June, West Indies will return to the Caribbean to take on number two-ranked New Zealand in another limited overs series of three ODIs and T20 Internationals.The tour, which runs from July 8 to 19, will see the Vivian Richards Cricket Stadium in Antigua staging the opening two ODIs, with the last ODI and the first T20I heading to Windsor Park.Guyana National Stadium will host the final two T20s.South Africa will arrive immediately on New Zealand’s departure for their first Caribbean series in nearly a decade, to play two Tests and five T20 Internationals from July 15 to August 16.Queen’s Park Oval in Trinidad will stage the first Test while the Darren Sammy Cricket Ground will host the second, before teams head to Central Broward Stadium in Fort Lauderdale for the opening two T20s.Sabina Park in Jamaica will be the stage for the last three matches of the series.Significantly, Brian Lara Stadium in Trinidad and the Trelawny Multi-Purpose Stadium are set to be crowned as international venues during the 2021 home schedule when they host T20s involving Sri Lanka and Pakistan respectively.West Indies Women, meanwhile, will host South Africa in May next year and are expected to play a minimum of 15 ODIs – home and away – in preparation for the 50-overs Women’s World Cup in 2021.last_img read more

Barcelona return to individual training

first_img(BBC) – LIONEL Messi and his Barcelona team-mates returned to individual training on Friday.They have done so after La Liga started testing players for coronavirus this week as part of the protocols in place for training to resume and elite football in Spain to get going again behind closed doors in June.The protocols are part of a four-phase process progressing from preparation for training, individual training, group training and then collective training.With Germany’s Bundesliga restarting on 16 May, BBC Sport looks at La Liga’s path to following suit in due course.Players have to be tested two days before they can start individual sessions, along with any coaching staff and club personnel who will be part of the training camp.All players, coaching staff and those on the medical team will also have to be tested daily once training starts, while anyone else who is part of the camp has to have a minimum of three tests during the different phases.A positive test will mean that person having to isolate. Anyone they have been in contact with will also have to isolate until the test results come back.Individual trainingPlayers will travel to training camps in their kit and on their own, with their arrival staggered and no more than 12 training at any one time.A maximum of six players can train on the same pitch and, after training, they will be given their training kit for the following day in a closed, biodegradable bag. They put their dirty kit in this bag at home and deposit it in a bin at training the following day for it to be washed.Group trainingPhase three onwards could see squads and staff based at a training ground or team hotel.First-team squads will be divided into eight-player groups, who will train in different time slots.Dressing rooms will be used during this phase but limited to three players in each, with training kits and boots prepared for them and placed as far apart as possible.After training, players will be allowed to shower in the dressing rooms they used and leave dirty training kits in baskets. These dressing rooms will be cleaned following each group’s training slot.Players will be able to use the canteen one group at a time, with social distancing guidelines observed and food placed in individual bags for them.Collective training sessionsThe next phase will be a full return to training, but the provisions on the cleaning of facilities, equipment and clothing will remain.All staff will continue to wear facemasks and gloves.Official figures show more than 26,000 people have died with coronavirus in Spain and there have been more than 222,000 positive tests.While La Liga president Javier Tebas has made no secret of wanting to get football up and running again, he insists “people’s health is paramount” and is the reason for the “comprehensive protocol”.“Circumstances are unprecedented, but we hope to start playing again in June and finish our season this summer,” he said.Real Madrid, second to Barcelona, with 11 rounds of games remaining, plan to restart individual training on Monday and their captain, Sergio Ramos, says he “can’t wait to get playing and competing… as long as there is no risk of contagion”.“I think it is time for those of us who are involved in football to take a step forward,” added Barcelona midfielder Ivan Rakitic.However, there have been concerns expressed by the Eibar squad, who released a statement to a Spanish radio station.“It worries us that by doing what we like most, we could get infected and infect our family and friends and even contribute to a new wave of the pandemic – with the terrible consequences that would have for the whole population,” said the statement.“The health of everyone should be the most important thing and now is the time to back this idea up with actions and not just words. We ask for guarantees and we demand responsibility.”last_img read more

Despite battling the flu and the heat, the USC women’s cross country team has second-place finish

first_imgWith temperatures approaching 100 degrees in the San Fernando Valley on Friday, the USC Women’s Cross Country team did not wilt in the heat at the Cal State Northridge Invitational.The Women of Troy turned in their second consecutive strong performance, finishing 2nd overall to Cal State Fullerton in a race shortened from a 6K to a 5K due to scorching temperatures in Van Nuys.The temperature at race time was 98 degrees with 16 percent humidity. Coach Tom Walsh said he agreed with the decision to shorten the race.“It was the right way to go,” Walsh said. “With the intense heat, you don’t want to take a chance with the health of the athletes. It wasn’t worth it.”Even in the heat, USC fulfilled Walsh’s expectations. Several runners turned in solid performances, including freshman Theresa Kurth, who was USC’s fourth runner on Friday. Junior Zsofia Erdelyi finished 3rd overall to lead the Women of Troy, despite suffering from a flu bug which has plagued her and the team for most of the season.“The fact that she is still sick has me very concerned,” Walsh said of his star runner. “I thought the flu had moved through but the fact that it is still here means we’ll have to keep monitoring our health and make sure we avoid really getting sick.”Junior Christine Cortez continued to look like USC’s second-in-command runner, finishing 13th overall, and senior captain Bridget Helgerson was right behind her, finishing 16th. Kurth was 4th for USC, and rounding out the top 5 was junior Zara Lukens, who was 20th overall. Walsh was especially pleased with how the team ran as a collective group.“We finally put together a really strong start to the race,” Walsh said. “They were very aggressive. They ran their fastest first miles of the season. If we can combine the first half of this Northridge race with the second half of the Vanguard meet, we’ll be in great shape.”With Pac-10 Championships less than two weeks away, Walsh says that Friday’s meet made it much more complicated for him to choose his final roster.“Some of the performances on Friday have made things a bit difficult,” Walsh said. “I was really impressed with Theresa Kurth and a few others who I didn’t expect to be up there.”Walsh said he expects to pick which runners he will take the Pac-10’s later this week, and send those who are not running to Friday’s Cal State Fullerton Invitational. With his team performing at a high level, though, Walsh says health, not performance, is his biggest concern heading into the season’s homestretch.“The pieces are there for a strong showing at Pac-10’s,” Walsh said. “It’s just this flu bug that we’ve got to get over. If we do that, we’ll be fine.”last_img read more