Bertinet opens new Bath shop

first_imgFrench baker Richard Bertinet and wife Jo have opened a new shop in central Bath, replacing their previous site in the town.previous site in the town.The couple closed their previous site, which had included a café, due to the rigours of offering foodservice in a grade 2-listed Georgian building.The new site, which opened last week, is retail only, Jo Bertinet told British Baker. She explained: “It was too difficult to run a café as the buildings in the centre of Bath are tall and narrow with stairs and limited floorspace. You could not change the building in any way – for example by installing a dumb waiter.”The company has no plans to open any further shops, and is focused on its wholesale business, she added. “We missed not having a shop in central Bath, we are happy to be back.”last_img read more

Broadmeadiation

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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

Volleyball: Badgers drop first match of season, North Texas up next

first_imgAfter a Hotel Red Invitational Championship, the Badger volleyball team looked to prove their newly ranked second seed as they travel down to Waco, Texas Friday night. Despite the momentum they had, the Badgers fell short to their second ranked opponents of the season, the Baylor Bears.In a match filled with runs, the Badgers started out well with a 4–0 run at the beginning of the match. They continued to seamlessly put away Baylor in the first set 25–18. It seemed that Baylor didn’t have much to stand up to the height of Dana Rettke, with Baylor’s tallest starter standing at only 6’2”. But the home court advantage turned on for the Baylor Bears in the second set. Although Wisconsin lead most of the second set, 6’0″ Baylor sophomore Yossiana Pressley switched the gears for Baylor to help them rally on a 5–0 run and take advantage of uncharacteristic hitting errors from Wisconsin. Pressley recorded seven of Baylor’s 12 kills in the second set. She would record a personal record 32 kills on the night. The Badgers could not battle back in the second set and finished with a score of 25–21.Volleyball: Badgers travel to Waco for face-off against BearsThe Wisconsin Women’s Volleyball Team made a big leap in the rankings all the way to No. 2 in the Read…With the sets split at one a piece, the swing third set would determine who carried the momentum through the rest of the match. The Badgers again lead most of the third set. Then entered Baylor’s senior outside hitter Aniah Philo. Philo led a 6–0 run in the third set recording five kills to propel past and over the Badgers in the third set. Badgers dropped the swing set 25–23.At that point, the Badgers knew their undefeated record was at steak unless they took the match to five sets: They needed to stop Baylor’s late set runs.A back and forth fourth set encouraged the ending to this match to be epic. With the Badgers going on a 4–0 run later in the game, as they wanted, it wasn’t enough to beat a record night by Baylor led by Pressley.Football: Jonathan Taylor’s record day gives UW 45–14 win over New MexicoWarming up took a few quarters in Madison Saturday, but Wisconsin found their second-half mojo, eventually thrashing New Mexico 45–14. Read…With Wisconsin dropping their first match of the season, Badgers still put up great numbers in a tough loss to a great opponent. Rettke led the Badgers with 19 kills and nine blocks. Sydney Hilley had her work cut out for her dishing out 50 assists and 11 digs. Libero Tiffany Clark was the Badger leader in digs with 19. The Badgers drop to 4-1 but will look to learn from this early season loss as they now plan for the challenge of North Texas, 3-6, Sunday at 1 p.m.last_img read more