first_imgC-2018-05 Attachment: IX.MISCELLANEOUS BUSINESS R-2018-06 Attachment: II.APPROVAL OF MEETING MEMORANDA 1-22-2018 DRAFT MEMO Attachment: C-2018-04 Attachment: A.RESOLUTION C-2018-04 A Preliminary Resolution of the Common Council of the City of Evansville Declaring an Economic Revitalization Area for Property Tax Phase-In for the Acquisition and Installation of Manufacturing Equipment at 101 Oakley Street, Evansville, IN 47710 – Berry Global and its subsidiaries Sponsor(s): Weaver Discussion Led By: Finance Chair Weaver 2/12/2018 I.INTRODUCTION X.COMMITTEE REPORTS G-2018-06 Attachment: B.ORDINANCE G-2018-06 Ordinance of the Evansville Common Council Authorizing the City of Evansville, Indiana, to Issue One or More Series of Its “Economic Development Revenue Bonds (SP Evansville, LLC Project)”, and Approving and Authorizing Other Actions in Respect Thereto Sponsor(s): Weaver Discussion Led By: Finance Chair Weaver 2/26/2018 C.RESOLUTION C-2018-02 Resolution Authorizing the City of Evansville, Indiana to Execute and Deliver a Third Supplemental and Amendatory Loan Agreement in Connection with Its Economic Development Revenue Bond, Series 2011A (University of Evansville Project), Its Economic Development Revenue Bond, Series 2011B (University of Evansville Project), Its Economic Development Revenue Bond, Series 2011C (University of Evansville Project), Its Economic Development Revenue Bond, Series 2011D (University of Evansville Project), Its Economic Development Revenue Bond, Series 2011E (University of Evansville Project) and Approving and Authorizing Other Actions in Respect Thereto Sponsor(s): Weaver Discussion Led By: Finance Chair Weaver 2/26/2018 III.REPORTS AND COMMUNICATIONS AGENDA Attachment: C-2018-02 Attachment: A.ORDINANCE G-2018-05 An Ordinance Amending Section 2.10.090 (Common Council) of the Evansville Municipal Code Sponsor(s): Elpers Discussion Led By: ASD Chair Adams 2/26/2018 R-2018-05 Attachment: R-2018-04 Attachment: IV.SPECIAL ORDERS OF THE DAY VIII.RESOLUTION DOCKET F.ORDINANCE R-2018-04 An Ordinance to Rezone Certain Real Estate in the City of Evansville, State of Indiana, More Commonly Known as 1505 Lincoln Avenue Petitioner: GG Properties & Maintenance LLC Owner: GG Properties & Maintenance LLC Requested Change: R2 to R3 Ward: 4 Robinson Representative: Aaron Doll, Doll & Sievers Attorneys at Law, LLC A.THE NEXT MEETING of the Common Council will be Monday, February 26, 2018 at 5:30 p.m. H.ORDINANCE R-2018-06 An Ordinance to Rezone Certain Real Estate in the City of Evansville, State of Indiana, More Commonly Known as 516 Court Street and 314 NW Sixth Street Petitioner: YMCA of Southern IN Owner: YMCA of Southern IN Requested Change: C4 to C3 Ward: 4 Robinson Representative: Derrick Stewart, YMCA of Southern IN VII.REGULAR AGENDA:  SECOND READING OF ORDINANCES AND RESOLUTIONS XI.ADJOURNMENT G-2018-05 Attachment: VI.COMMITTEE REPORTS E.ORDINANCE R-2018-03 An Ordinance to Rezone Certain Real Estate in the City of Evansville, State of Indiana, More Commonly Known as 2904 N. First Avenue Petitioner: Melody Mayo Owner: Melody Mayo Requested Change: C1 to C2 Ward: 5 Elpers Representative: Melody Mayo EVANSVILLE CITY COUNCIL FEBRUARY 12, 2018 AGENDA G.ORDINANCE R-2018-05 An Ordinance to Rezone Certain Real Estate in the City of Evansville, State of Indiana, More Commonly Known as 2120 and 2128 Culverson Avenue Petitioner: C.Marion Brown and Shirley U. Brown Requested Change: R1 to C4 w/ UDC Ward: 2 Sponsor:  Adams Representative: Christopher C. Wischer, Stoll, Keenon, Ogden, PLLC C-2018-03 Attachment: B.RESOLUTION C-2018-05 A Resolution of the Common Council of the City of Evansville In Support of Economic Development Incentives Offered to Berry Global by the City of Evansville for the Installation of New Equipment in the Facility at 101 Oakley Street Evansville, IN 47710 Sponsor(s): Weaver Discussion Led By: Finance Chair Weaver 2/12/2018 D.RESOLUTION C-2018-03 Resolution Authorizing the City of Evansville, Indiana to Execute and Deliver a Second Supplemental and Amendatory Loan Agreement in Connection with Its Economic Development Revenue Note, Series 2013 (University of Evansville Project) and Approving and Authorizing Other Actions in Respect Thereto Sponsor(s): Weaver Discussion Led By: Finance Chair Weaver 2/26/2018 V.CONSENT AGENDA:  FIRST READING OF ORDINANCES AND RESOLUTIONS C.Marion Brown and Shirley U. Brown Owner: R-2018-03 Attachment: B.ADDITIONAL MISCELLANEOUS BUSINESS FacebookTwitterCopy LinkEmailSharelast_img read more

Diversification is a big deal. Here’s why.

first_img continue reading » Although lengthy books have been written about diversification, we’ll boil it down to this statement: Diversification means putting your money in a variety of different types of investments—sometimes called assets—to help reduce risk.Notice, please, we didn’t say diversification eliminates risk. That’s impossible. But it can help reduce it. That’s because if you have a variety of investments, good performance in one can offset less desirable performance in another. Keep in mind diversification does not assure a profit or protect against market loss.How do you diversify? Good question Did you hear the one about the man in his early 60’s who had been saving diligently for retirement, had his entire retirement plan invested in the stock market – and then the stock market crashed? Obviously, it’s no joke.If you’re saving money for retirement, congratulations, smart move. Chances are you’re making decisions about how to invest that money and you’ve heard you need to diversify. Want to know what that means and why it’s important—in simple language? 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

People moves: More departures from DWS as new COO appointed [updated]

first_imgKlaas KnotFinancial Stability Board – Klass Knot , president of Dutch regulator De Nederlandsche Bank , has been appointed vice-chair of the Financial Stability Board for a three-year term, and will chair the FSB from December 2021.The FSB’s new chair from next month is Randal Quarles , governor of the US Federal Reserve . Quarles replaces Bank of England governor Mark Carney, who chaired the board for seven years.Carney said: “Randy and Klaas will provide strong leadership and continuity as the FSB pivots towards the implementation and evaluation of post-crisis reforms, and to addressing emerging vulnerabilities in the global financial system. Their appointment demonstrates the FSB’s unique role as a member-led, international body for cooperation on global financial stability.”The FSB consists of senior regulators, central bank governors and government officials from 24 countries as well as representatives of 10 international bodies, the ECB and the European Commission.Dimensional – The $596bn (€466.4bn) asset manager has made a series of changes to its leadership team, including the appointment of Michael Holmes as chief technology officer. He joins from Bridgewater Associates and has worked in financial services technology for 25 years.Elsewhere, Carlo Venes has been appointed head of global institutional services, effective 1 January. He is currently head of institutional for Asia excluding Japan, and has worked at Dimensional since 2011.John Romiza is to relinquish his role as co-head of global equity trading in the new year to focus on his responsibilities as co-CEO of Dimensional Fund Advisors, with Ryan Wiley becoming sole head of global equity trading. Jason Lapping is to transition from head of Asia Pacific trading to head of international equity trading.The company has also hired Al Sears from BAM Advisor Services as vice president, focusing on technology, and Darcy Keller from the Financial Times as head of corporate communications.“Our clients know we take a long-term view in how we think about markets. We also make long-term investments in our people. Investors in the future will have different needs than today, and we’re strengthening our leadership team so we are well positioned for our clients in the decades to come,” said Gerard O’Reilly, Dimensional co-CEO and CIO.Lyxor Asset Management – The €140.8bn asset manager has named David Lake as chief executive officer for its UK business. He replaces Matthieu Mouly who has moved to France to continue as global head of sales for Lyxor’s exchange-traded fund (ETF) arm.Lake is currently Lyxor’s head of ETF sales for UK and Ireland, a role he will keep alongside his chief executive duties. He joined in June 2017 from Source ETF, where he also led the sales team for the UK and Ireland.Lionel Paquin, CEO of Lyxor Asset Management, said that the UK was “a key market” for the company and it would continue to grow its operations in the country.AXA Investment Managers – AXA IM has named Robert Price as a portfolio manager in its “buy and maintain” fixed income team. He transfers from the company’s liability-driven investment (LDI) team, but will continue to work with European LDI clients. He will also focus on AXA IM’s “cashflow delivery investing” strategies, which have just reached £3bn (€3.4bn) in assets under management.Lionel Pernias, head of the buy and maintain team, said: “As pension schemes become more focused on cashflow delivery, we continue to see growth and demand from providers on buy and maintain credit strategies.”Hewlett-Packard – The €1.9bn Dutch pension fund for computer hardware company Hewlett-Packard has appointed Rita van Ewijk and Otto van’t Hof as trustees on its eight-strong board, representing the employer and workers, respectively. Van Ewijk is an external board member. She also chairs the €170m Pensioenfonds Cindu International.Pensioenfonds Sabic – Pascal Wolters has been appointed as the new independent chairman of the €2.5bn Dutch pension fund Sabic as of 1 January 2019. He is to succeed Jo Mastenbroek , who has been at the helm for two years.Wolters has previously worked for 16 years in asset management, pensions and support at the €409bn civil service scheme ABP and its asset manager and pensions provider APG. Prior to this, he was on the board of the €209bn healthcare scheme PFZW. Since May, he has been an expert board member at SPOV, the €3.9bn Dutch pension fund for public transport.Pensioenfonds Detailhandel – Selma Gouderjaan is to start as trustee for employees at the €20.7bn pension fund for the retail sector (Detailhandel) as of 1 January. She has been trustee for trade at the trade union FNV since 2015, representing union members at chemists and the retailer Ahold.KPMG – KPMG has hired a trio of advisers from Mercer to open an office in Bristol, in the south west of England. George Fowler joins as a partner to focus on larger pension schemes; Paula Champion is a director focusing on mid-sized schemes in the south of England, while also supporting KPMG’s Birmingham-based pensions business; and Matt Flower joins as a senior manager with responsibility for business development.LifeSight – Willis Towers Watson’s UK defined contribution master trust has appointed Caroline Fawcett as a trustee. She replaces Gill Barr, who has stepped down at the end of her term. Fawcett spent 11 years in various roles at Legal & General, and is now a non-executive director at the Money Advice Service alongside a number of other non-exec roles.AZL – Annemieke Visser has succeeded Arthur van der Wal as member of the supervisory board at pensions provider AZL, part of NN Group. Visser – a former director of Delta Lloyd, which was taken over by NN last year – is also director of pension services at Nationale-Nederlanden Life Insurance .AZL’s supervisory board also comprises Michel van Elk, Henriëtte Prast and Willem Stevens. Van der Wal left the board following his appointment as chief executive at Syntrus Achmea Real Estate & Finance on 1 September.ShareAction – Fergus Moffatt has become the responsible investment campaign group’s head of UK policy, joining from the UK Sustainable Investment and Finance Association. Moffatt replaces Bethan Livesey , who moves to a part-time role as senior fellow. DWS, FSB, Dimensional, Lyxor, AXA IM, Hewlett-Packard, Sabic, Detailhandel, KPMG, Lifesight, AZL, ShareActionDWS Group – The €692bn asset manager has named a new chief operating officer and head of coverage for Europe, the Middle East and Africa (EMEA), with the incumbent staff set to leave this week.Jon Eilbeck , currently COO, is to exit after 19 years at Deutsche Bank’s asset management businesses. He will be replaced by Mark Cullen , currently head of group audit at Deutsche Bank.Thorsten Michalik , head of EMEA coverage, is also set to leave after an 18-year career at Deutsche Bank. Dirk Goergen , head of sales for private clients in Germany at Deutsche’s private and commercial bank, will take up the role as well as leading on DWS’ digital distribution strategy. Both Cullen and Goergen will join DWS’ executive board.  Asoka Woehrmann, who replaced Nicolas Moreau as CEO of DWS Group last month, said Cullen and Goergen were “outstanding individuals” with “a diverse set of qualities” to bring to their roles.He added: “I would like to thank Jon Eilbeck and Thorsten Michalik for their exceptional contributions to both DWS and Deutsche Bank over many years of service and wish them well for the future. With these changes to our executive board, we have the right leadership team in place to focus all our efforts on doing our best for our clients, our investors and our colleagues in DWS.”A spokeswoman for DWS said there were no further board-level changes planned.last_img read more

Shafer embraces military background, looks to pass appreciation on to team at Fort Drum

first_imgThe compass represents a memory.Scott Shafer’s uncle died in Vietnam. His cousin was killed in Iraq. The compass is a trinket passed on from that late uncle, but also a window into the values the Syracuse head coach preaches.Discipline. Drive. Hard work. Brotherhood.Shafer gave the compass to his son, Wolfgang. It’s a representation of the military background that he could take with him as a quarterback at Division-III Ithaca this year.As the Orange travels to Fort Drum, N.Y., for its second week of training camp, the elder Shafer is giving his team a chance to appreciate that bond as well as interact with military members for the second straight preseason.AdvertisementThis is placeholder text“It is personal for me,” Shafer said. “The appreciation I have for the military – I can’t express how much I appreciate them.”SU traveled to Fort Drum on Monday to begin a week of practice at the Military base on Tuesday. Activity will begin with military personnel on Tuesday at 11:15 a.m. and conclude on Friday morning. Between those interactions, Syracuse will practice Tuesday and Wednesday before finishing football activities with a scrimmage on Thursday at 7 p.m.“I come from a family that’s had a lot of military in their background,” Shafer said. “So it’s a chance for us to go and maybe give something back to some people in the military.”It really isn’t such a surprise that Shafer comes from a family of military history. Successful coaches are cut from a similar cloth — the traits that make a good coach reflect those that make a fine military officer.Shafer wants to instill those values in his team. A visit to Fort Drum, a tradition started by Doug Marrone last season before he bolted for the Buffalo Bills, can teach it those things, plus perspective.“It’s hard for a kid to go to bed and feel sorry for himself when he’s talking to a kid at dinner or at lunch, or listening to a guy speak that’s been flying over to Afghanistan and hanging out in the mountains getting shot at, trying to defend our freedoms,” Shafer said.“It’s hard for my guy to feel selfish when he goes to bed at night. So for us, selfishly, that’s something we get out of it.”There’s another trait that soldiers embody and Shafer reflects to the point that he’s almost become a caricature of himself: energy.Without the level of energy and passion that SU fans have grown accustomed, there is no Scott Shafer as he is currently known. Usually there are few who can match his passion. At Fort Drum, Shafer’s part of the norm.“He’s a high energy guy,” said John Kinder, the quarterback turned wide receiver. “He likes all the ‘Hoorah’ that they bring when they’re waking us up a 6 o’clock in the morning, screaming at us. He eats that stuff up.”And as for that perspective, that’s not lost on Syracuse either.Terrel Hunt was way down the quarterback depth chart when the Orange went to Fort Drum last year. This year, he’s competing for the starting job against Drew Allen, an Oklahoma transfer from San Antonio.There’s a perspective to take on that, as well.“People from all over the world come together,” Hunt said. “They don’t know each other from a hole in the wall, but they could fight in the battle and be brothers at one time.”But it ultimately comes down to appreciation. That’s why the compass was the first thing he mentioned when asked about what the trip will mean to him.Shafer appreciates what the military does for the country. And when his team is in Fort Drum, he wants to make those military men feel appreciated as well.“We owe it to them to get off the bus and bust our ass,” Shafer said, “so if those guys get an hour to come out and watch us practice I want them to be able to say, ‘You know what? They’re not dodging bullets, but goddogit, they frickin’ play their ass off.’” Comments Published on August 13, 2013 at 6:00 am Contact David: [email protected] | @DBWilson2 Facebook Twitter Google+last_img read more

Faith Cain records third-straight multi-hit game in 8-1 victory over Binghamton

first_imgWhether it be “Fly Me To The Moon” by Frank Sinatra, “The Recipe” by Kodak Black, or “What Dreams Are Made Of” by Hilary Duff, Syracuse walk-up songs vary. No song, however, is as boisterous as Faith Cain’s selection.“AAAAAAHHHH, tear it up, Lemme see you tear it up,” booms through the speakers. “All across the board we gon’ tear it up. We gon’ bounce it till the beat cut off.”“Yes,” Cain said when asked if “Tear It Up” by Yung Wun is meant to intimidate pitchers. “I love my walk-up song.”In Syracuse’s last three games, Cain has proved that opposing pitchers should be concerned when she is at the plate, and not for the rambunctious rap lines that come before she steps foot in the batter’s box. Cain hit safely in the five-straight games leading up Tuesday, including two consecutive multi-hit games.Cain continued her hot streak at the plate, tallying two hits and two RBI to lead Syracuse (27-18, 8-11 Atlantic Coast) over Binghamton (11-21, 4-7 America East), 8-1, for the Orange’s seventh-straight victory, which have all come at Skytop Softball Stadium. After recording five hits in her first 18 appearances this season, Cain has been at the center of SU’s newfound offensive success which has helped the Orange clinch a spot in the ACC Tournament on Sunday.AdvertisementThis is placeholder textFor the second-straight game, Alexa Romero struck out the side in the top of the first inning, and the Orange scored four runs in the bottom of the inning. Cain’s first plate appearance came with the bases loaded after two walks and a hit by pitch from Binghamton starting pitcher Rayn Gibson. Cain lined a double to right field, giving the Orange its first runs of the game.When the ball shot off Cain’s bat, it looked as if the senior would be celebrating her first home run of the season. It fell just short, though, hitting the top of the right field wall. After crushing six long balls last season, the second-highest mark on the team, Cain has struggled to send the ball deep this year. She had just two extra base hits on the season before Tuesday’s game.“I was hoping it was out, I haven’t had a really solid hit in a while,” Cain said. “It was nice. I just wish it would’ve gone over.”Cain’s two-run double sparked two more first-inning runs from the Orange. Michala Maciolek eventually drove in Cain with a single up the middle to give SU an early four-run lead. Once Binghamton relieved Gibson with Makenzie Goluba after the first inning, Syracuse’s hitters struggled to adjust.In the third, Cain led off the inning with a line drive up the middle. It was her second hard-hit ball of the day, something she has constantly produced during her now six-game hit streak. Cain’s recent consistency can be credited to her stellar work ethic, shortstop Sammy Fernandez said.“During the game, me and Hannah (Dossett) looked at each other and said, ‘we love when Faith does good,’” Fernandez said. “She’s probably the hardest worker on this team. I’ll be walking through Manley and she’ll be in the cage working. It’s just great to see her succeed on the field.”Although Cain failed to add another hit in her final two plate appearances, she posted two quality at-bats. Down two strikes in the fourth, Cain fouled off a pitch to keep the at-bat alive. The next pitch, Bearcat pitcher Rozlyn Price pelted Cain in the arm to load the bases. During her final at-bat in the fifth, the Omaha, Nebraska, native drilled the ball to third base, where Kate Richard made a difficult play to gather and tag the baserunner to end the inning.Although Cain’s start to the season did not go as expected, SU head coach Mike Bosch said, the senior is rounding into form at the right time. Her recent stretch boosted her batting average to .350, the second-highest mark on the team.“She’s been sharp at the plate, hitting pitches that are hittable, stepping up in situations, handling the moment,” Bosch said. “That’s really big because we’ll need her the next couple of weeks.” Comments Published on April 24, 2018 at 8:23 pm Contact David: [email protected] Facebook Twitter Google+last_img read more