National LGPS framework targets State Street replacement and more [updated]

first_imgKeogh added: “The requirements have been expanded to cover the areas such as portfolio monitoring for individual funds and potentially for the LGPS pools, and also investment cost-monitoring services.“And so we are wrapping up those individual strands into a new framework.”State Street no longer provides investment benchmarking to the LGPS generally, having since March 2016 discontinued its performance-measurement services for third-party clients in the UK and the Netherlands.Keogh said the new framework agreement would be multi-lot and multi-provider.As with other national frameworks, this one would be accessible to all LGPS, with a view to making it attractive for the asset pools being formed as well.“We are hoping to frame this in a way such that LGPS pools can access those services should they wish to,” said Keogh.The procuring group aims to issue an invitation to tender in early November. [Updated] Nick Wright, head of global services UK, State Street, told IPE that although State Street decided to stop offering its performance measurement services on a standalone basis to third party local authority clients in the UK, it is still providing these to clients that subscribe to its asset services as part of the provider’s focus on the “end-to-end solution”. * Carmarthenshire County Council, Essex County Council, the London CIV, Staffordshire County Council and Wirral Metropolitan Borough Council Norfolk County Council is preparing to launch a national framework for the UK local government pension schemes (LGPS) for the provision of investment performance and cost monitoring and reporting services, a move initially fuelled by State Street’s decision to drop its benchmarking service for the LGPS sector.Norfolk County Council – acting on behalf of itself, four other local authority pension fund administering bodies and one asset pool* – communicated its intention to the market by way of a prior information notice last week.Nigel Keogh, national LGPS frameworks manager at Norfolk County Council, told IPE the group began discussing launching a new framework after State Street decided to discontinue its local authority pension fund universe analysis service.Over time, however, “the conversation moved on to cover related services”.last_img read more

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Steffens lands Lincoln County win

first_imgJay Steffens led the last two circuits in winning the Saturday night IMCA Modified feature at Lincoln County Raceway. (Photo by Steve Towery)By Kelly NinasNORTH PLATTE, Neb. (July 14) – Leading the laps that mattered most was Jay Steffens in Saturday’s IMCA Modified main event at Lincoln County Raceway.Steffens stayed within striking distance of leader Dave Pedersen, who paced the first 13 laps. Steffens drove around the outside of Pedersen to take the lead and the win.Fifth row starter Jeff Whiting was the IMCA Sunoco Stock Car winner and Tanner Clough prevailed in a tough battle for top IMCA Sunoco Hobby Stock honors.Jamey Kennicutt led from the second lap to the checkers in the Karl Chevrolet Northern SportMod headliner while Daryl Cauffman ruled the Mach-1 Sport Compacts.last_img read more

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Bucks Blank Hawks

first_img Latest Posts HERMON — The Golden Bucks made it two in a row on Saturday at Hermon, getting a three-hit shutout pitching performance from Tim Nason in a 6-0 win over the Hawks.Bucksport jumped on Hermon for four runs in the second inning.Steve Klenowski doubled and singled and Ray Wood singled twice and drove in a run for Bucksport. For more sports stories, pick up a copy of The Ellsworth American. House fire in Winter Harbor – October 27, 2014 Bio Latest posts by admin (see all) State budget vs. job creation – January 22, 2015 Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015 admin This is placeholder textThis is placeholder textlast_img read more

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Syracuse allows 3 goals in final period, falls 3-2 to Mercyhurst

first_img Facebook Twitter Google+ Published on January 17, 2015 at 7:19 pm Syracuse held a 2-0 lead going into the third period against No. 9 Mercyhurst on Saturday, but the Lakers (17-4-3, 8-3-1 College Hockey America) scored three unanswered goals to beat the Orange (6-11-8, 4-3-4), 3-2, in the final regular season matchup between the teams. All five goals were scored on the power play and the teams combined to total 32 penalty minutes.The Orange controlled the first period, outshooting Mercyhurst 15-5. Just three minutes in, Mercyhurst forward Brooke Hartwick and defender Lauren Kilroy went to the box for hooking, giving the Orange a five-on-three advantage. SU forward Stephanie Grossi capitalized to give SU a 1-0 lead.In the second, with Mercyhurst defender Callie Paddock in the box, SU forward Melissa Piacentini scored her seventh power-play goal of the season, which tied her for first in the country in power-play goals at the time. But 14 seconds into the third period, Mercyhurst forward Emily Janiga cut Syracuse’s lead to one goal. Six minutes later, Janiga scored again, tying the game. Her two power-play goals put her at eight on the season, which is the most in the nation.AdvertisementThis is placeholder textWith eight minutes left in the game, Grossi committed her second penalty of the third period and Mercyhurst forward Jenna Dingeldein netted the game winning shot during the advantage.With the loss, Syracuse dropped to third place in the CHA behind Mercyhurst, which holds the top spot, and Penn State.The Orange will travel to Rochester to take on RIT on Friday at 7 p.m.Compiled by Jon Mettus, staff writer, [email protected] Commentslast_img read more

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Szczesny Arrives Turin For Juventus Move

first_imgWojciech Szczesny has landed in Turin for his imminent move from Arsenal to Juventus.Juve’s official twitter handle tweeted: “Look who’s just landed!” The Arsenal goalkeeper, who spent the last two seasons on loan at Roma, will sign a €10m transfer deal with Juventus.Szczesny will reportedly play back up to Gianluigi Buffon next season, as the Italian shot stopper plans to retire after the 2018 World Cup.Relatedlast_img

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Public renovation meeting to be held at Alpena County Library on Monday

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisALPENA, Mich — A millage to renovate Alpena County, George N. Fletcher library was passed back in August. Now the library is including community members in construction plans.A public information session will be held on Monday regarding proposed updates to the facility. Library director Eric Magness – Eubank and architects from the involved firm will collect feedback from attendees during the meeting.In addition to structural changes, upgrades to the heating and cooling system will also be included in the renovation, creating a healthier environment for staff and visitors.Registration is not required. The meeting is this Monday, December 16 at 6:30 p.m. and will be held in the Judith stillion room at the library.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Tags: Alpena County Library, construction, library, renovationContinue ReadingPrevious MSP to collect toys and food for the holidays this weekend in AlpenaNext Geminids meteor shower to peak this weekendlast_img read more

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Boxing news: Malignaggi gives advice to Pacquiao

first_imgFormer champion Paulie Malignaggi offers this piece of advice to Manny Pacquiao, who is now preparing to face the unbeaten Floyd Mayweather: Use the jab properly.The former IBF light welterweight and WBA welterweight champion said the only way to beat Mayweather is to disrupt his rhythm.“You should know how to use a very good jab. You should know how to use a jab correctly, with patience, but be busy with that,” the boxer dubbed “The Magic Man” said in an interview with Fight Hype.“Sometimes you gotta know how to use the jab on its own with speed and mixed rhythm and break Floyd’s rhythm.”The worst thing a boxer could do against Mayweather is to launch a combination after a jab Malignaggi said, noting that the undefeated American is very good at picking his shots.“You gotta be patient and not throw combinations behind every time you throw the jab,” said Malignaggi. “I feel that that’s the problem with Pacquiao. He doesn’t know how to throw his jab on his own. If he throws a jab, he gotta throw combinations behind it.” “You gotta watch him (Mayweather) all the time and if you don’t watch Floyd, you’re gonna get your ass kicked.”Despite lacking knockout power, Malignaggi managed to pile victories by utilizing a slick defensive style. Of his 39 fights, he won 33 and lost six. Seven of his victories came by way of knockouts.Malignaggi is also known as a harsh critic of Pacquiao and has repeatedly insinuated that the Filipino boxer was into performance enhancing drugs.”For the rest of us who have a clear head and are looking at things diplomatically, it’s kind of hard because who the [expletive] grows as much as Pacquiao was growing after their 28th birthday? Nobody grows that much,” he said in an interview with Fight Saga years ago.”Nobody gets that much bigger after their 28th birthday. No one is growing and filling out that much after they’re fully grown. Especially a guy with Manny’s genetics.”last_img read more

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