Carsten Stendevad, who resigned as CEO of Danish pension fund ATP in August, is to join US hedge fund giant Bridgewater Associates.Stendevad will work with the Connecticut-based firm for a year as part of a new “senior fellowship program”, Bridgewater founder Ray Dalio said in a letter to clients, which was also posted on LinkedIn.Dalio said the programme would “bring highly distinguished individuals into Bridgewater for a year to explore what our culture is like and lend their expertise and insights to our organization”.“We expect a limited number of such special people to join this program in the future,” he added. Stendevad left ATP last year after three years at the helm, citing family reasons. The DKK859bn (€115.6bn) pension fund named Christian Hyldahl as his successor in October.ATP uses a similar “all-weather” investment strategy to that employed by Dalio since he founded the hedge fund group in 1975. The model was in part inspired by Bridgewater, and the two organisations have worked together for more than a decade discussing multi-asset issues.ATP’s new CIO, Kasper Ahrndt Lorenzen, told IPE last year that the Danish pension’s multi-factor method was also indebted to the thinking of another US investment manager, AQR, and the academic field of “financial economics” more generally.In his letter, Ray Dalio also announced a shake-up of the group’s senior management, involving him stepping down as co-CEO of Bridgewater to focus on his role as co-chief investment officer.Dalio said his co-CEO role was always intended to be temporary, to aid the transition of Greg Jensen out of his chief executive position. Jensen is now co-CIO at the firm. Dalio’s own transition would be complete as of 15 April, he said.Jon Rubinstein, also co-CEO, is to leave after less than a year as part of the changes. Dalio said the pair “mutually agree that he is not a cultural fit for Bridgewater”. Rubinstein – a former Apple executive credited with helping create the iPod – will transition to an advisory role, Dalio said.Bridgewater president David McCormick is to become a co-CEO alongside Eileen Murray, who has been co-CEO since 2011.“Any organization run by a 60+ year old that says that it isn’t in transition is either naïve or disingenuous,” Dalio said. The hedge fund group – which now runs more than $160bn (€151.4bn) – is famous for its policy of “radical transparency”, based on Dalio’s founding principles. Bridgewater employees must be “extremely open, air disagreements, test each other’s logic, and view discovering mistakes and weaknesses as a good thing that leads to improvement and innovation”, according to its website.
The Zimbabweans face defending champions Namibia on August 6 while Uganda takes on Kenya.The competition has witnessed some stunning results, not least Kenya humiliating Zimbabwe 61-15 earlier while we lost to Namibia at home 40-31. Namibia last weekend embarrassed a resurgent Kenya with a 56-21 scoreline.Uganda now has one win and a loss, Nambia two wins, Zimbabwe two defeats and Kenya one win, one loss.The Uganda Rugby Cranes Squad that traveled to Zimbabwe:1 Masendi Robert2 Odongo Brian3 Kitooke Elijah4 Kimbowa Collin5 Uhuru Odongo Charles6 Wandicho John William7 Asaba Brian8 Oketayot Byron9 Mpande Arthur Joshua10 Ogena Pius11 Kalyango Thomas Oscar12 Okorach Micheal13 Lubanga Chris14 Magomu Ivan Arthur15 Watum Syrus16 Odongo Marvin Harold17 Mugerwa Asuman18 Kyewalabye Davis Kayongo19 Odong James20 Wokorach Phillip21 Ssebuliba Lawrence22 Jadwong Aredo Joseph23 Kasiita EricJohn Duncan – Head CoachAnthony Kinene- Backs CoachRobert Sseguya – Forwards and Conditioning CoachDr. Steven Buyungo – Team DoctorEmmanuel Baine – Team Manager Full Time Zimbabwe 27 Uganda 34Rugby Cranes tamed the Zimbabwe Sables in the Africa Cup Division 1A on Saturday to keep alive their hopes of staying in the elite group.Uganda’s victory at the Police Rugby grounds on Saturday left Zimbabawe face to face with relegation from the Africa Cup Division 1A and from the qualifiers for the 2019 World Cup finals for the first time since 1980. Zimbabwe will as a result be demoted into Africa Cup Group 1B.A hat-trick of tries by Syrus Watum, plus two conversions and a penalty were the highlights of the game. Robert Masendi and Thomas Kalyango added a try each.Zimbabwe got their points from tries by Tangai Nemadire, Lungile Tshuma and Stephen Hunduza. Lenience Tarembwa had two penalties and three conversions. Share on: WhatsApp
A reminder to Floridians to think of the turtles!Gumbo Limbo Nature Center in Boca Raton posted a photo on Facebook Tuesday showing a tiny turtle that had eaten 104 pieces of plastic and tragically passed away.In the picture, the small chunks of plastic are lined up next to the turtle.Gumbo Limbo said this time of year is known as “washback” season, meaning turtles that have ventured out to sea are starting to wash back up along our coast.The nature center said 100 percent of washback turtles that have plastic in their intestinal tracts don’t survive, like the turtle in the Facebook post.“This is a sad reminder that we all need to do our part to keep our oceans plastic free,” Gumbo Limbo wrote.
The most famous horse in America, Triple Crown winner American Pharoah, arrived at Monmouth Park racetrack on Wednesday and immediately was treated to a cool bath. Observing were a handful of fans and journalists from as far away as Australia.Excitement is in the air. Today, Monmouth Park announced it has upped the purse on the million dollar William Hill Haskell by $750,000, making the Haskell the largest invitational in the country, at $1.75 million and the largest purse in New Jersey history.American Pharoah is being lodged at Kelly John Breen’s barn, where owner Bob Baffert traditionally keeps his horses.When the horse and its entourage arrived at the Atlantic City Airport a few hours earlier, he was greeted by a handful of enthusiastic fans holding up signs.Fans wait at the fence in anticipation of Triple Crown Champion American Pharaoh at Atlantic City Airport in Egg Harbor Township, on Wednesday afternoon. Photo By Bill Denver/EQUI-PHOTO.The 3-year-old colt’s arrival at Monmouth Park was met with excitement and anticipation by fans as well as track workers.“It’s exciting. He’s a beautiful horse,” said Liz Donahue, a nurse working for a clinic available for track employees. “He’s nice he’s from New Jersey,” she said. “He’s coming home.The horse’s owner, Ahmed Zayat, owns and operates Zayat Stables, in Teaneck.With the increased purse, “This lets the state know and the racing industry know Monmouth Park is a place to showplace champions,” said Dennis Drazin, a Red Bank lawyer and advisor for the New Jersey Thoroughbred Horsemen’s Association, which operates Monmouth Park, Oceanport Avenue.Racetrack representatives expect crowds topping 60,000 to attend the Haskell invitational on Sunday.
ARCADIA, Calif. (Sept. 28, 2016)–Game, set, and now MATCH, as three time Eclipse champion Beholder and last year’s 3-year-old Filly Eclipse winner, Stellar Wind will meet for the third time this Saturday at Santa Anita in the Grade I, $300,000 Zenyatta Stakes, final steppingstone to the $2 million Breeders’ Cup Distaff and a likely engagement with the undefeated Songbird.With 6-year-old Beholder prevailing by 1 ½ lengths in their initial encounter in the Grade I Vanity Mile June 4, Stellar Wind evened the score with an authoritative half length win in the Grade I, 1 1/16 miles Clement Hirsch on July 30, thus setting up a best out of three scenario on Saturday among a field of five fillies and mares three and up. STELLAR WIND: Fresh and razor sharp, this 4-year-old daughter of Curlin could be sitting on a career-best effort for owner Hronis Racing, LLC and trainer John Sadler. Idle since defeating Beholder on July 30, she seeks her fourth win from five local starts and her seventh overall from 11 career tries. Drawn outside in the Zenyatta five-pack, look for Stellar Wind to be handled aggressively by regular rider Victor Espinoza as he’ll no doubt be intent on applying significant early heat to Beholder. Originally based in Maryland and purchased privately by Hronis Racing in December, 2014, she’ll be making her ninth start for Sadler in the Zenyatta. BEHOLDER: Unarguably one of racing’s all-time great distaffers, the mighty Beholder comes off a non-threatening second place finish behind California Chrome in the Grade I Pacific Classic Aug. 20. Dispatched at odds of 3-1 versus six males, Beholder, who won the Pacific Classic in 2015, was deftly handled by regular rider Gary Stevens, as he saw no point in over extending the Richard Mandella stable star, suggesting she should have “plenty in the tank” for Saturday’s showdown with Stellar Wind. Fast, but tractable early, Beholder has been virtually invincible at Santa Anita, as she’s won 13 out of her 14 starts here. Owned by B. Wayne Hughes’ Spendthrift Farm, LLC, Beholder is seeking a record fourth consecutive Zenyatta win and her 18th overall victory from 24 lifetime starts. She has amassed earnings of $4,996,600. ZENYATTA IS ONE OF FIVE BREEDERS’ CUP ‘WIN & YOU’RE IN’ CHALLENGE STAKES THE GRADE I ZENYATTA STAKES IN POST POSITION ORDER WITH JOCKEYS & WEIGHTS Race 9 (of 11) Approximate post time 4:30 p.m. PST Off the Road–Tiago Pereira–121Beholder–Gary Stevens–125Vale Dori–Rafael Bejarano–121Tara’s Tango–Martin Garcia–123Stellar Wind–Victor Espinoza–125First post time on Saturday is at 12:30 p.m. Admission gates open at 10:30 p.m. For scratches, late changes and complete morning line information, please visit santaanita.com.
It’s been a good week for Kokko Figueiredo, and it’s about to get even better.On Tuesday, the College of the Redwoods standout signed a letter of intent to play baseball at Cal State Monterey Bay next season, receiving a full scholarship to join the Division-II Otters.And on Friday, he’ll cap a memorable few days by making his debut for the Humboldt Crabs and fulfilling a childhood dream.“When I was younger, I obviously liked the Crabs and I went to their camps and got autographs from all …
24 April 2014It’s all systems go for the final Freedom Friday celebration at the Rand Show at Johannesburg’s Nasrec Expo Centre on Friday.The Department of Arts and Culture, together Government Communication and Information System (GCIS), Lead SA, Brand South Africa and Proudly South African will host a short celebration at Hall 7 at the Rand Show from 10.30am.Members of the public are invited to show their national pride and join the festivities. Flags, pins and badges will be handed out.South Africans not able to attend the event can also mark the day by sharing their thoughts, video clips, memories and pictures of freedom via Twitter (@20_yof) or Facebook (www.facebook.com/20yof).South Africans are also encouraged to show their pride, wear their colours, take a selfie and upload it to social media using the hashtag #FreedomFridaySelfie and/or #20YOFSelfie.The Freedom Fridays Campaign encourages South Africans to wear anything that expresses their pride in being a South African – including the colours of the national flag, traditional attire, national soccer or rugby team jerseys, or anything else that reflects solidarity with the 20 Years of Freedom celebrations.“We should come together as a nation to celebrate our achievements, own up to the remaining challenges and commit to working together towards a shared and prosperous future,” Arts and Culture Minister Paul Mashatile said at the launch of Freedom Month.“Our programmes are geared at reminding South Africans, especially young people, of where we come from as a nation; that our freedom was not free and that we have an obligation to defend it jealously.”Source: SAnews.gov.za
Share Facebook Twitter Google + LinkedIn Pinterest By Rich Minyo, Allen Geyer, David Lohnes, and Peter ThomisonIn 2018, 192 corn hybrids representing 24 commercial brands were evaluated in the Ohio Corn Performance Test (OCPT). Four tests were established in the Southwestern/West Central/Central (SW/WC/C) region and three tests were established in the Northwestern (NW) and North Central/Northeastern (NC/NE) regions (for a total of ten test sites statewide). Hybrid entries in the regional tests were planted in either an early or a full season maturity trial. These test sites provided a range of growing conditions and production environments.Growing conditions were very favorable for corn production across most of Ohio in 2018. The growing season was characterized by well above average rainfall and heat unit accumulation (growing degree-days). Precipitation and heat unit accumulation were generally greater at OCPT sites in the SW/WC/C region (with rainfall ranging from 23.3 to 26.3 inches and heat unit accumulation ranging from 3270 to 3520 GDDs) than at sites in the NW and NC/NE regions. Moreover, rainfall was generally well distributed at these sites. The impact of dry conditions in July and August on crop performance at the Van Wert and Hoytville sites in NW Ohio and the Wooster and Beloit sites in NE/NC Ohio were mitigated by timely rains in late August and September. Due to the warm, wet conditions, foliar diseases (primarily gray leaf spot) and ear rots (primarily Gibberella and Diplodia ear rots) were present at nearly all test sites. However, the disease severity was highly variable and it was usually most pronounced for a limited number of hybrids. The highest yielding sites were generally associated with foliar fungicide applications at tassel – the major exception being the test site at Bucyrus (the second highest yielding OCPT site in 2018) which exhibited little leaf disease or ear rot. Stalk lodging was evident mostly in the NW and NE/NC test sites but negligible for most of the hybrids evaluated. Warm temperatures in August through mid-October promoted crop maturation and dry down but persistent rains in September through November slowed harvest.In 2018, USDA’s National Agricultural Statistics Service estimates Ohio’s corn yield at 193 bushels per acre, which would be 16 bushels per acre more than last year’s and highest on record if realized. Yields at OCPT test sites paralleled the record yields reported across the state this year. Averaged across hybrid entries in the early and full season tests, yields were 273 bushels per in the Southwestern/West Central/Central region, 238 bushels per acre in the Northwestern region, and 242 bushels per acre in the North Central/Northeastern region. Yields at individual test sites, averaged across hybrid entries in the early and full season tests, ranged from 203 bushels per acre at Beloit to 285 bushels per acre at Greenville. Performance data for Upper Sandusky in the NW region is not presented because excessive rainfall shortly after planting created variable field conditions that resulted in erratic stands, uneven growth and inconsistent yields.Tables 1 and 2 provide an overview of 2018 hybrid performance in the early maturity and full season hybrid trials by region. Averages for grain yield and other measures of agronomic performance are indicated for each region. In addition, the range in regional test site averages is shown in parentheses.As you review 2018 test results, it’s important to keep the following in mind. Confidence in test results increases with the number of years and the number of locations in which the hybrid was tested. Avoid selecting a hybrid based on data from a single test site, especially if the site was characterized by abnormal growing conditions. Look for consistency in a hybrid’s performance across a range of environmental conditions. Consider the table providing a “Combined regional summary of hybrid performance” which indicates the performance of hybrids common to nine statewide test sites and the six tests in western Ohio. Differences in grain moisture percentages among hybrids at harvest can provide a basis for comparing hybrid maturity. Yield, % stalk lodging, grain moisture, and other comparisons should be made between hybrids of similar maturity to determine those best adapted to your farm. Table 1. A regional overview of the early maturity 2018 Ohio Corn Performance Test. Region EntriesGrain Yield(Bu/A)Moisture(%)Lodging(%)Emergence(%)Final Stand(plants/A)Test Wt.(lbs/bu)SW/WC/C69 269(218-302)16.9(15.5-18.3)2(0-17)96(92-99)33400(27000-37100)57.6(54.2-59.8)NW59 235(215-249)17.0(15.7-17.8)3(0-11)94(86-99)32800(25700-36800)58.1(55.6-60.7)NE/NC58 238(218-256)18.6(17.5-19.9)1(0-7)96(86-99)33100(27100-37400)57.2(54.7-59.2) Table 2. A regional overview of the full season 2018 Ohio Corn Performance Test. Region EntriesGrain Yield(Bu/A)Moisture(%)Lodging(%)Emergence(%)Final Stand(plants/A)Test Wt.(lbs/bu)SW/WC/C60277(254-294)18.3(16.3-21.0)2(0-9)97(89-99)33900(27100-37200)57.7(55.2-60.0)NW78 241(220-256)18.0(16.7-19.5)6(0-38)96(89-98)33400(29800-35700)58.0(55.7-60.2)NE/NC62245(226-261)20.2(18.3-22.5)2(0-20)97(90-99)33900(27000-37200)56.5(53.7-58.7)