AP7 return leads Sweden’s premium pension providers in 2016

first_imgHistorically, it said, AP7’s Såfa had been “a very good option”, with the balanced fund having returned an annual 9.6% on average since inception in 2000, while the corresponding return for pension savers with their own portfolio had been 6.5% over the same period.Some 48% of premium pension savers had their money in AP7’s Såfa at the end of 2016, and this capital amounted to 30% of the entire fund capital contained in the PPM, according to the report.Sustainable investments featured more heavily in the PPM as a whole last year than the year before, the agency reported, with a rising proportion of capital in unit-linked funds meeting the SWESIF (Swedish Forum for Sustainable Investments) criteria.The proportion of capital grew to 65% in 2016 from 57% in 2015, according to the report.Bengt Norrby, statistical director of the Swedish Pensions Agency, said: “This increase is mainly due to the fact that a number of funds with a lot of capital now meet SWESIF’s requirements for sustainable investments.”At the end of last year, 7.2m individuals participated in the PPM, including 5.8m pension savers and 1.4m pensioners, the agency said.Total assets under management in the system rose to SEK983.5bn (€101.7bn) at the end of last December, of which SEK960bn was in unit-linked insurance and SEK23.5bn in traditional insurance. Sweden’s default provider in the premium pension system (PPM) AP7 has beaten the average return of non-state premium pension providers in 2016 with a 13.9% on its Såfa balanced fund, against a 9.5% return on average from the other providers.In its report on the PPM for 2016, the Swedish Pensions Agency (Pensionsmyndigheten) described 2016 as a good year for the system in its entirety, although it said performance at a handful of non-state funds had been “doubtful”.The PPM is the funded part of the Swedish state pension that allows pension savers to make their own investment choices, investing their contributions either in products from a wide marketplace of private sector investment fund providers, or with state pension fund AP7 in its default Såfa option.For pension savers who opted for some kind of management service from their marketplace provider, the return in 2016 was 6.5%, the agency said.last_img read more

Overlooker

first_imgI’m a young man of twentyseven years. I’m concerned citizen who hails from The Eastern Cape but I’m in gauteng.As I was watching the world and our country fighting against xenophobia it came to my concern that why cnt I start my organisation in helping the government to fight this campaign of fighting this underage/illegal circumcision in our beautiful country as it is getting out of hand.The department is doing its best but it’s still extending so it’s my wish to play my part and work with the government as an overlooker whenever it’s being performed around the country.So I’m pleading with this organisation and the health department to help me play my part in our beatiful country as our brothers are dying every season. Let us unite in arms maAfrica.Blakie masixole.Name: Masixole BlakieEmail address: [email protected] Telephone: 073 265 0691last_img read more

Nuggets beat Kings without coach and 2 starters

first_imgTrending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice LATEST STORIES Denver Nuggets guard Will Barton (5) drives around Sacramento Kings guard Garrett Temple (17) and Sacramento Kings forward Zach Randolph (50) during the first half of an NBA basketball game in Sacramento, Calif., Monday, Nov. 20, 2017. (AP Photo/Steve Yeater)SACRAMENTO, Calif. — Will Barton didn’t know Mike Malone was suspended by the NBA until the Denver Nuggets coach informed him as Barton got on the team bus to head to the arena.“I thought he was joking,” Barton said. “I told him we’d hold it down for him.”ADVERTISEMENT Don’t miss out on the latest news and information. Malone served a one-game NBA suspension for making contact with a referee in Sunday’s loss to the Los Angeles Lakers. Denver also was missing Millsap, who sprained his left wrist against the Lakers, and Chandler (lower back pain).After a sluggish first half, Denver pulled away in the third quarter following a 19-7 run late in the third quarter sparked by the long-distance shooting of Barton and Lyles. The Nuggets shot 15 of 32 beyond the arc and led by as many as 22 in the final period.“That third quarter we were real patient and sound, ran our sets and got going,” Barton said. “Anytime you’re missing two starters, impact guys like that, it’s going to take a while.”Nikola Jokic added 16 points and 14 rebounds, and Gary Harris scored 20 for the Nuggets.George Hill and Kosta Koufos scored 16 points apiece to lead six players in double figures for Sacramento. The Kings, who had won their three previous home games against the Thunder, 76ers and Trail Blazers, have lost five of six overall.ADVERTISEMENT Brace for potentially devastating typhoon approaching PH – NDRRMC Stronger peso trims PH debt value to P7.9 trillion Kings: Host the Lakers on Wednesday. The teams split the season series in 2016-17. “Athletically, (the Nuggets) go and get balls and jumped over the top of us and did some of those kind of things,” Kings coach Dave Joerger said. “We’ve got to be more physical. We were a step slow in the second half.”BARTON COMES UP BIGBarton shot 9 of 15 and made a season-high five 3-pointers on six attempts from beyond the arc. “He wasn’t an aggressive scorer but he was a playmaker for us,” Unseld said. “Down the stretch he controlled the game.”WHAT WENT WRONGJoerger thought his team played hard throughout the game but rookie guard De’Aaron Fox wasn’t so sure. Asked if the Kings let up in the second half when the Nuggets got on their roll, Fox said: “It felt that way. But it’s happened before, we’ve got back before. It’s just something if we go down, we’ve got to pick it up even more. You have to pick up your effort when things are going south.”TIP-INSNuggets: With Millsap and Chandler out, Unseld went to a three-guard lineup but the offense sputtered in the first half with 11 turnovers. Denver did a much better job after the break and pulled away. . The Nuggets dominated the offensive rebounding (14-5) and converted that into a 19-6 advantage in second-chance points.Kings: Zach Randolph had 12 points and six rebounds in his third consecutive start at center. … Buddy Hield missed his second straight game with a sore right ankle.UP NEXTNuggets: Play at Houston on Wednesday. The Rockets have won four straight against Denver. View comments CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPAcenter_img Typhoon Kammuri accelerates, gains strength en route to PH Kammuri turning to super typhoon less likely but possible — Pagasa QC cops nab robbery gang leader, cohort MOST READ Read Next Minus their coach and two starters, the short-handed Nuggets did just that — and only 24 hours after losing by 21 points to begin their three-game road trip.Barton and Trey Lyles made two 3-pointers apiece during a big run in the third quarter, and Denver pulled away to beat the Sacramento Kings 114-98 on Monday night.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutBarton finished with 25 points, six rebounds and five assists in his third start this season for Denver, which also was without injured starters Paul Millsap and Wilson Chandler.“Given the circumstances, I’ll take it,” said Nuggets assistant Wes Unseld Jr., who coached the team while Malone stayed back at the team hotel. “The minute (we) got in here from the team bus they knew it was a task at hand. We were under adverse circumstances and had no other option than to pull it together.” Kris Aquino ‘pretty chill about becoming irrelevant’ Pelicans rally after Cousins ejection, beat Thunder Japan ex-PM Nakasone who boosted ties with US dies at 101last_img read more

24 days agoLiverpool boss Klopp: Van Dijk world’s best centre-back

first_imgLiverpool boss Klopp: Van Dijk world’s best centre-backby Freddie Taylor24 days agoSend to a friendShare the loveLiverpool manager Jurgen Klopp says Virgil van Dijk is the best centre-back in world football.The Dutchman recently finished second behind Lionel Messi in the FIFA Best Men’s Player of the Season award.Despite making a crucial mistake in the loss to Napoli two weeks ago, Klopp still has faith in his defensive stalwart.”Yep, I think so. I’m really happy with all my other defenders but yeah, he is the best at the moment,” Klopp said on Tuesday when asked if he felt Van Dijk was the best in the world.”We conceded in Napoli… which country are you from? Italy? I thought so… I still think it was not a penalty!”Napoli have to come to Liverpool, so it’s not decided yet, but we lost the game, that’s a fact as well and we have to start winning.”We don’t even have a little bit of a feeling that this game tomorrow is half done. It’s not. They will surprise a lot of people. But if there is anybody in the world who knows most about how they do what they do, it’s me.”I have a pretty good side as well and we want to be the most uncomfortable opponent in world football and if we are that tomorrow it’s not easy for Salzburg.” About the authorFreddie TaylorShare the loveHave your saylast_img read more

Nebraska OL Coach On What He Looks For In Offensive Linemen, “Best Guys That Are Tough A**holes”

first_imgNebraska flag bearer waves massive Nebraska flag.LINCOLN, NE – OCTOBER 25: A flag bearer for the Nebraska Cornhuskers waves a flag after the first score during their game against the Rutgers Scarlet Knights at Memorial Stadium on October 25, 2014 in Lincoln, Nebraska. Nebraska defeated Rutgers 42-24. (Photo by Eric Francis/Getty Images)Mike Cavanaugh, Nebraska’s offensive line coach who came to Lincoln with former Oregon State coach Mike Riley, knows what he wants to see in his current-and-future Husker players. He, obviously, wants players with talent and ability. But he wants to see something else, too. Cavanaugh wants his offensive linemen to be “tough a**holes.” Mike Cavanaugh on building his offensive line: “We are going to get the five best guys that are tough a** holes.” #Huskers— Sean Callahan (@Sean_Callahan) March 19, 2015That has to be music to Nebraska fans’ ears, who are used to watching a tough-as-nails offensive line dominate the line of scrimmage. Nebraska opens its 2015 season Sept. 5 against BYU.last_img read more

West Virginia’s Bob Huggins Takes A Shot At The NCAA For Tournament Game Starting At 11 P.M.

first_imgBob Huggins at an NCAA Tournament press conference.Friday night’s NCAA Tournament Second Round game in Columbus between No. 6 Providence and No. 11 Dayton started at roughly 11 p.m. E.T. The game was scheduled to tip off at about 10 p.m. E.T., but due to the previous two games – West Virginia-Buffalo and Maryland-Valparaiso -at the site running long, the tip time between the Friars and the Flyers was delayed. Cleveland.com has a lengthier explanation on the situation. Saturday afternoon, Mountaineers’ coach Bob Huggins was asked about the late tip time. He gave a pretty sarcastic response. Bob Huggins, on playing tourney games til 1 am: “It’s all about the betterment of the student athlete….It just tickles me to death.”— Dan Steinberg (@dcsportsbog) March 21, 2015The game was played on a Friday night, so it’s not like the student-athletes had classes to wake up for the following morning – and, really, what college student goes to be before midnight, anyway? – but the NCAA clearly could have done a better job scheduling.last_img read more

OFE Crude Tanker Market Faces Further Headwinds

first_imgzoom Recent developments in the crude tanker market, such as the delay in the IMO Ballast Water Management Convention and the OPEC meeting on Monday, are expected to add downwards pressure to the ailing sector.The OPEC meeting at St Petersburg on Monday, Saudi Arabia declared that they would cap crude oil exports at 6.6 mm/d in August, marking a six-year low, Ocean Freight Exchange (OFE) said citing JODI data.The effect of the drop in exports is already being felt in the VLCC market as charterers start covering the August program, with meagre fixing activity seen so far. Charterers seem to be withholding cargoes in an attempt to further pressure rates downwards, which have been languishing around w50 for an AG/Japan voyage, OFE said.While Nigeria was previously exempt from the production cuts, they voluntarily agreed to limit or even cut their output from 1.8 mmb/d.The market is currently facing a perfect storm of tonnage overcapacity, low demolitions, OPEC oil output cuts as well as seasonal summer lull in demand.As reported by Reuters, Nigeria’s crude production has been averaging 1.7 mmb/d recently. While the bulk of Nigerian crude exports are loaded on Suezmaxes and VLCCs, the production cap “may not have much impact on the tanker market as volumes often fluctuate due to unplanned outages.”“Assuming the Saudis continue their strategy of cutting medium/heavy crude production, refiners in Asia are expected to continue importing crudes of similar grades from the US and Latin America to meet demand,” OFE said.last_img read more