Local authority pension fund backs ‘social outcomes contract’ fund

first_imgMerseyside Pension Fund has backed an investment fund dedicated to contracts used by the UK government to commission social services from mission-driven providers.In a statement, Bridges Fund Management said it closed the social outcomes fund with commitments of £35m (€28m), exceeding the original hard cap of £30m following “strong demand from a broad range of impact-driven investors”. The pipeline of available investment opportunities was also stronger than initially expected, said the fund manager.According to the statement Merseyside was joined by at least one other UK local government pension scheme in committing to the fund, but Bridges was unable to provide further details. Other investors backing the fund, which is Bridges’ second dedicated to social outcomes contracts, included dedicated social investors like Big Society Capital, and charitable foundations.According to the statement, social outcomes contracts are structured so that whoever is commissioning the services pays directly for improvements in social outcomes. This was in contrast to a ‘fees for service’ model.Mila Lukic, head of social outcomes contracts at Bridges, said the way the government uses the contracts has changed significantly in the last few years.“The early ‘social impact bonds’ were used to test experimental new services on a relatively small scale,” she said.“The new generation of social outcomes contracts are more about promoting greater flexibility and innovation in the delivery of existing services, using a data-driven approach that helps us better understand how to improve outcomes at scale for some of the most vulnerable people in the country.”Merseyside Pension Fund is part of £45bn Northern LGPS, one of the UK’s local authority pension fund asset pools, along with the pension funds for Greater Manchester and West Yorkshire. It had £8.5bn in assets under management as at the end of March 2018.last_img read more

Fans mock Man City for copying Real Madrid travelling outfit

first_img Read Also: Video: Napoli’s shot-stopper dribbles Messi during UCL clash as fans react City will be optimistic heading into the first leg of their last 16 tie with Zinedine Zidane’s side. ‘Los Blancos’ haven’t won in their last two games and have slipped behind Barcelona in La Liga. Eden Hazard also went off with an injury in the weekend’s defeat to Levante and could miss the rest of the season. FacebookTwitterWhatsAppEmail分享 The fashion brand have been partnered with City for the last four seasons and a statement on City’s website reads: “Dsquared2 and Manchester City share many important brand values. We both believe in the importance of attention to detail, providing the best experience and constantly challenging ourselves to be at the top of our game. “Throughout the partnership, we will collaborate to highlight the best features of our brands and supporters, bringing the past, present and future together. “We are all looking forward to working with Dsquared2 over the coming seasons and we know the players are very excited to begin wearing their new matchday uniforms.” Pep Guardiola’s men were likely hoping to travel to the Spanish capital in style and without much scrutiny. But Twitter have ruthlessly reacted to the outfits and even Specsavers have got in on the act, leading to City deleting their official tweet. Manchester City’s players have been mocked for the double denim travelling outfit ahead of their game against Real Madrid on Wednesday.City have flown out to Spain today and the squad have been pictured wearing bold double denim outfits provided by clothing manufacturer Dsquared2.center_img Promoted ContentWho Earns More Than Ronaldo?5 Of The World’s Most Unique Theme Parks9 Movie Scenes That Got Re-Shot Because Viewers Didn’t Like Them10 Hyper-Realistic 3D Street Art By Odeith8 Shows That Overstayed Their Welcome7 Ways To Understand Your Girlfriend Better10 Risky Jobs Some Women DoWe’re Getting More Game Of Thrones: Enter House Of The Dragon!6 Movies Where A Car Plays A Key RoleCouples Who Celebrated Their Union In A Unique, Unforgettable Way14 Hilarious Comics Made By Women You Need To Follow Right NowWho Is The Most Powerful Woman On Earth? Loading… last_img read more

MLB trade rumors: Giants have ‘talked about’ dealing for Yankees outfielder Jacoby Ellsbury

first_img Related News As SF has canvassed the market for OF help, they’ve talked about Jacoby Ellsbury, probably would be open to a bad contract swap. For example, speculation: Cueto owed $68m, coming back from TJ surgery; NYY could recoup insurance in ’19. Ellsbury owed $48m. $ would have to even out— Buster Olney (@Buster_ESPN) February 4, 2019Ellsbury missed all of 2018 and underwent hip surgery to repair a torn labrum in early August. He was limited to just 112 games in 2017 and slashed .264/.348/.402 that season. The Yankees inked Ellsbury to a massive contract in 2014, but he has failed to replicate the success he had with the Red Sox from 2007-13. He won a Gold Glove, a Silver Slugger and two World Series championships during his time with Boston. The Giants are looking to add an outfielder.San Francisco has “talked about” trading for Yankees veteran Jacoby Ellsbury, according to a report from ESPN. It would probably be open to swapping a bad contract in exchange for the 35-year-old, the report says. MLB hot stove: Yankees could add one of these two pitchers as starter, report sayscenter_img MLB hot stove: Yankees could still add starter to bolster rotation depth, report says Ellsbury has at least two more seasons remaining on the seven-year, $153 million deal he signed with New York.The Giants finished 2018 with a 73-89 record and missed the playoffs for a second straight season. Meanwhile, the Yankees advanced to the ALDS, where they fell to the Red Sox in four games.last_img read more

Reynolds headed back to work at statehouse after three months working from State Emergency Operations Center

first_imgJOHNSTON — Governor Reynolds announced during today’s news conference that they will end working from the State Emergency Operations Center in Johnston.She says, “Iowans are gradually getting back to life and business as usual, and it’s time for me and my team to do the same thing. For the last 80-plus days, my team and I have been working from the SEOC. On Monday, we will be returning to the capitol, preparing for the legislative session to resume, while continuing our ongoing efforts to manage the COVID-19 pandemic.”Reynolds says while she’s heading back to work at her statehouse office, work will continue to address the pandemic at the State Emergency Operations Center. “While today is our last day working from the SEOC, it will remain open throughout the COVID-19 response. Members will continue to meet daily as we have for the last 12 weeks, but most meetings will be held virtually.”Reynolds also says she’s trimming back her news conference schedule from each weekday to Tuesdays and Thursdays at 11:00 AM. We’ll continue to bring you those news conferences on AM-1300 KGLO and kgloam.com.last_img read more

Five things we learned in the Premier League

first_imgLondon, United Kingdom | AFP | Manchester City and Manchester United sit atop the table with exactly the same statistics but the former ahead by dint of C coming before U in the alphabet.City demolished Watford 6-0 on Saturday and United tore apart Everton in the final 10 minutes of their encounter to prevail 4-0 on Sunday.Champions Chelsea are three points adrift of the duo after they were held 0-0 at home by Arsenal for whom it was the first time in six visits they even garnered a point.Pochettino can’t solve Wembley woesHaving dispatched Borussia Dortmund with a swaggering display in the Champions League on Wednesday, it seemed Tottenham had finally vanished their Wembley curse. Mauricio Pochettino’s side had struggled badly at the national stadium, which is their home while White Hart Lane is rebuilt, but the victory over Dortmund was expected to trigger a resumption of the home form that saw them win 17 of 19 league games last term. Swansea had other ideas however. Defending resolutely, they frustrated Spurs in Saturday’s 0-0 draw, with Harry Kane hitting the woodwork for the hosts, who also had three penalty appeals turned down. Even Pochettino, who has tried to play down the Wembley jinx, admitted he was at a loss to explain how his side failed to turn 26 shots into three points.Klopp has little defenceLiverpool manager Jurgen Klopp’s botched attempt to prise Virgil van Dijk away from Southampton looks even more of a blooper with every game. Burnley’s early season away form is showing a marked improvement from last season but nevertheless it was another Liverpool defensive error that gifted the visitors’ Scott Arfield the goal. Klopp for all his urbanity and attractive attacking football could well fall if he doesn’t fix the defensive malaise as it is proving costly. “A little block here, we miss Arfield, or forget him, and he can score,” said Klopp. “It was a disciplined performance but just that one goal. This is where we have to improve.”Aguero inspired by JesusSergio Aguero has reacted in the manner Pep Guardiola must have only dreamed of when he signed young Brazilian striker Gabriel Jesus who arrived last January. Some thought the 29-year-old Argentinian might be sold on or leave of his own volition but he has stayed and with his sixth Premier League hat-trick in the 6-0 demolition of Watford is within three goals of becoming City’s all-time leading scorer — Eric Crook’s mark of 177 goals which has stood since 1939. Jesus also got on the scoresheet as City made it 15 goals scored and none conceded in their last three matches but it is Aguero who is giving the lead. “He’s very special, just a goal machine,” purred City team-mate Ilkay Gundogan. Share on: WhatsApp Resilient UnitedEverton had taken the upper hand in the second-half of their game with Manchester United but paid for not taking their chances. United showed they can soak up pressure and make their opponents pay as they scored three times in the final 10 minutes of the match with former Everton striker Romelu Lukaku creating one and scoring another — all this without the injured Paul Pogba. The signs are that United have the extra firepower — Zlatan Ibrahimovic is still to return — this season to sustain a serious challenge for the title.center_img Arsenal show fight at lastAfter years of misery at Stamford Bridge, Arsenal finally showed some much-needed fighting spirit to earn a gritty 0-0 draw against 10-man Chelsea on Sunday. Arsene Wenger’s side had endured a series of humiliating losses in west London, beaten on their last five visits, but for once they were up to the task. Matching the Premier League champions tackle for tackle, the Gunners frustrated Chelsea so completely that Blues defender David Luiz lost his composure in the 87th minute. Launching into a crude two-footed lunge on Arsenal’s Sead Kolasinac, the Brazilian earned a red card from referee Michael Oliver. The dismissal came too late to swing the balance of power in Arsenal’s favour, but at least the north Londoners departed with their confidence enhanced by a first clean-sheet at the Bridge since 2005. For Chelsea, a third red card in their last three matches with Arsenal added to the angst of a spluttering display.last_img read more

Adopt-A-Pet Dog of the Week: Bruno

first_imgFacebook14Tweet0Pin0Submitted by Adopt-A-PetMeet Bruno! Loyal and Lovable is he. Bruno is quite handsome too with his white coat and black markings on his ears, around his eyes and artistically elsewhere. He is crate-trained, knows some basic commands, has lived on a farm, loves car rides, going for walks, and just adores hanging out with people.Bruno is a lovable, handsome dog looking for a kitty free home. Photo courtesy: Adopt-A-PetBruno has enjoyed spending time with male and female small dogs, but would prefer a kitty free home. If you are looking for a great companion, he just might be the guy you have been searching for.Adopt-A-Pet has many great dogs and always need volunteers. To see all our current dogs, visit the Adopt-A-Pet website, our Facebook page or at the shelter on Jensen Road in Shelton. For more information, email [email protected] or call 360-432-3091.last_img read more

Bronze for Koot-Neigh Indigo Bowick at BC Summer Games

first_imgGotzy had three personal best scores in compulsories while Bowick had two personal bests in freestyle as well as earned a bronze medal on Day 2. Indigo Bowick and Ella Gotzy of Nelson were front and center in the equestrian competition at the recent 2016 BC Summer Games in the Abbotsford.The two local Koot-Neigh equestrian vaulters represented Zone 1 as two of 13 athletes competing in equestrian vaulting competition.There was three competitions in Canter D, and both athletes placed in the top half each day.last_img

Red Lions, BYC Continue CAF Campaigns

first_imgLiberian CAF Confederation Cup campaigners, Red Lions are now set to play their 1/16th final against their Algerian counterparts, Club Sportif Constantinois today at the Antoinette Tubman Stadium.The Algerians are already in the country and all is set for their game against their Liberian counterparts this afternoon.Liberian champions, Barrack Young Controllers will be in action against their Ivorian counters, Sewe Sports of San Pedro on Sunday at the same venue.The Ivorians are also in the country and therefore their game against the Liberian champions are also set and soccer fans are encouraged to come in their numbers to give their continental campaigners the much needed moral support.The Algerians and the Ivorians are here to ensure that their respective return leg matches next week end would become less burdensome.The fewer goals they concede the better it will be for their home matches.It is a truism that Liberian football has come of age, based on the recent elimination of Africa’s Club of the Century, Kumasi Asante Kotoko.The respect that African football has for Ghanaian football and particularly Asante Kotoko, has placed Liberian clubs at the pedestal that clubs like Club Sportif Constantinois and Sewe Sports of San Pedro are in their class to ensure that the Antoinette Tubman Stadium does not become their waterloo.In all due respect Club Sportif Constantinois, as one of the oldest clubs in Algeria since its rebirth in 1929 is an indication of how much respect soccer fans have for the Algerians.Sewe Sports of San Pedro, as local West Africans, are not strange to Liberian football. This is because if a country like Liberia in the past could produce the World’s Greatest Footballer, where none of their countrymen has ever reached, then of course Liberian clubs should be considered with due respect.But to return to this afternoon’s game and that of Sunday, Liberians expect a good performance with positive results from their heroes, and they are aware that their chances of going further into the CAF Championship League and CAF Confederation Cup will depend how well they manage against their opponents.But for us at the Daily Observer Sports, we can only wish our heroes the best of luck and God speed.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

BISHOP HEGARTY RESIGNATON ACCEPTED: HIS STATEMENT IN FULL

first_imgKILCAR-born Bishop of Derry Seamus Hegarty has issued the following response after his resignation was accepted by the Pope today:“Recently, I submitted my letter of resignation to the Holy Father, Pope Benedict XVI, in accordance with canon 401 §2 of theCode of Canon Law, due to a health condition which has been assessed to render me unable to fulfil the obligations of my office as Diocesan Bishop.“The Holy Father has very kindly considered my letter, along with the medical reports provided by experts, and today graciously accepted my resignation. My resignation is effective from 11.00 GMT today, Wednesday 23 November 2011. “I would ask for prayers that the Holy Spirit may guide the selection of the new Bishop of Derry. On a personal level, I would entrust my health to the prayers of the people of the diocese.“The Diocese of Derry is now a Vacant See, one which has no Diocesan Bishop. For the interim governance of the diocese, the Holy Father, Pope Benedict XVI, has asked the Diocesan College of Consultors, a group of eight priests who govern the diocese collegially for up to eight days, to meet and elect a Diocesan Administrator, to whom the administration of the diocese is entrusted during the Vacant See.X Séamus HegartyRetired Bishop of Derry BISHOP HEGARTY RESIGNATON ACCEPTED: HIS STATEMENT IN FULL was last modified: November 23rd, 2011 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:bishop seamus hegarty resignationstatement in fulllast_img read more

Intact Protein Remnants Found in Dinosaur Eggs

first_imgA new record for soft tissue in a dinosaur fossil was reported in Nature: collagen in dinosaur eggs from the early Jurassic.The Nature paper is all over the news, but not all the science reporters are mentioning the most damaging admission to long ages: the preservation of organic material in fossil sauropod eggs from China, said to be 190-197 million years old from the early Jurassic – 100 million years older than the previous record. The Nature paper by Reisz et al. states, “This discovery also provides the oldest evidence of in situ preservation of complex organic remains in a terrestrial vertebrate.” Here’s how Chris Palmer reported it in Nature News:But it is not just the age of the fossils that is notable, the researchers say. Spectroscopic analysis of bone-tissue samples from the Chinese nesting site revealed the oldest organic material ever seen in a terrestrial vertebrate. That was surprising because the fossilized femur bones were delicate and porous, which made them vulnerable to the corrosive effects of weathering and groundwater, says Reisz.“That suggests to us that other dinosaur fossils might have organic remains,” he says. “We just haven’t looked at them in the right ways.”The organic material is thought to be collagen. The researchers reported “organic residues, probably direct products of the decay of complex proteins, within both the fast-growing embryonic bone tissue and the margins of the vascular spaces.” They mentioned Schweitzer’s “controversial” reports of dinosaur soft tissue and corroborated them by their own methodology:The embryonic bones were also studied using synchrotron radiation-Fourier transform infrared (SR-FTIR) spectroscopy. In contrast to previous studies of organic residues based on extracts obtained by decalcifying samples of bone, our approach targeted particular tissues in situ (Fig. 5). This made it possible to detect the preservation of organic residues, probably direct products of the decay of complex proteins, within both the fast-growing embryonic bone tissue and the margins of the vascular spaces (Fig. 5a, b). This is indicated by the multiple amide peaks revealed by both infrared (1,500–1,700 cm−1 strong band from amide I and II, and 1,200–1,300 cm−1 weak band from amide III) and Raman spectroscopy (amide A peak at 3,264 cm−1) (Supplementary Figs 6.1 and 6.2). Previous reports of preserved dinosaur organic compounds, or ‘dinosaurian soft tissues’, have been controversial because it was difficult to rule out bacterial biofilms or some other form of contamination as a possible source of the organics. Our results clearly indicate the presence of both apatite and amide peaks within woven embryonic bone tissue (Fig. 5a), which should not be susceptible to microbial contamination or other post-mortem artefacts.References in that quote were to Schweitzer’s 2005 and 2007 papers. The Supplementary Material indicated that mathematical manipulation was necessary to see the amide peaks:The orginal FT-IR amides peaks from the organic residues of Dawa (Lufeng) embryonic limb bone were convoluted, and provided relatively little detailed information (Fig.5, main document), showing a big unresolved hump around 1600 cm-1. Deconvolution is a mathematically based process to reverse the effects of convolution on recorded data. The deconvoluted peaks shown above match well known secondary structures of protein. Thus, it can be concluded that complex proteins were preserved in our specimen.A table after this statement shows that they identified typical secondary structures of protein, such as alpha helices, beta sheets, and side chains – i.e., actual protein structures, not just amino acid “building blocks” of protein.Science Now said the researchers “suspect” the presence of organic remains, but maintained some caution on the grounds that it’s hard to rule out contamination. “Still, if the evidence holds up, the find could finally tip the scale in favor of soft tissue preservation,” the article said. The BBC News and New Scientist didn’t mention the organic remains, but Science Daily did, based on a press release from the University of Toronto where Robert Reisz works. He said, “To find remnants of proteins in the embryos is really remarkable, particularly since these specimens are over 100 million years older than other fossils containing similar organic material.” Live Science briefly mentioned the soft tissue, and added an Image Album about the story.National Geographic completely ignored the soft tissue evidence, but did add this detail: the eggshells were found crushed, and the bones were sorted and concentrated. Reisz presumes they were buried in a flood: “It became inundated, the embryos were smothered by sediment and water, and [they] basically rotted and fell apart,” he said. The original paper described what the site looked like: “completely disarticulated skeletal elements at various stages of embryonic development… with calcium carbonate nodules often surrounding tightly packed appendicular skeletal elements.” What does this imply? The paper continues,We interpret the bone bed as a para-autochthonous assemblage, formed by low-energy flooding and slow inundation of a colonial nesting site. The host sediment is a heavily bioturbated, massive siltstone, throughout which are dispersed isolated skeletal elements, eggshell fragments and the small, fossil-rich nodules of calcium carbonate. There are no preserved nest structures or uncrushed eggs.It would seem that vulnerable, porous bones buried underwater in silt subject to bioturbation would have difficulty preserving the dinosaurs’ protein parts for 197 million years. It would also seem that a low-energy local flood by a riverbank would not leave “massive siltstone” filled with bone fragments.Interesting that the Brits at BBC & New Scientist (as well as NG) ignored the most important part of the story, the soft tissue, as if trying to protect their national hero Charlie from embarrassment. The other articles simply assumed that soft tissue can last almost 200 million years! Why isn’t anyone seeing the obvious? Chris Palmer admitted that the eggs were “vulnerable to the corrosive effects of weathering and groundwater,” making it unbelievable that up to 197 million years passed without obliterating the proteins. Who are you going to believe, evolutionary scientists or your own eyes?Notice also that Reisz suggested soft tissue would likely be found in other dinosaur fossils. Why haven’t they all been looking? Evolutionary theory often dictates what scientists look for and what they expect to see. Thank goodness Reisz & team made an effort to find the protein signal, even if they didn’t dwell on the implications for geological dates. This is a hot topic for creation research. Unfortunately, when they try, they are often severely criticized for (1) poor technique or (2) agenda-driven bias (example to be forthcoming). As if those problems never occur in the secular world.Multiple reports now from different parts of the world are making a watertight case for soft tissue in dinosaur bones. Critics of the reports are not necessarily driven by respect for the evidence, but by fear of what it means to evolutionary geology, evolutionary dating and the whole evolution industry. (Visited 56 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more