Mandate roundup: ERAFP, APUC, Mercer

first_imgIn other news, Mercer has been appointed as the preferred master trust by the UK’s Advanced Procurement for Universities and Colleges (APUC) for over 200 higher education institutions that it represents.Created under a framework agreement, APUC’s deal will allow educational institutions to use Mercer’s defined contribution (DC) master trust without needing to conduct separate tender exercises.The offering is auto-enrolment ready, and APUC said it will save the education institutions time, effort and cost, and avoid the enrolment of staff into several different DC schemes through their careers.Emma Nicholson, Special Projects Manager at APUC, said: “The assessors felt it would offer the [education] sector competitive, high-quality pension provision, robust independent governance and value for money. The new arrangement has been designed to offer a flexible solution.”Mercer’s lead of UK DC solutions, Roger Breeden, added: “Through our robust governance structure, overseen by the independent trustee, we are confident this will be the plan of choice for the higher and further education sector.” The French supplementary public-sector pension scheme, ERAFP, is seeking to invest €400m in US dollar-denominated corporate debt.The €16bn fund said that the tender would act as a framework agreement, with one manager likely to be seeded with capital while two others are appointed ‘substitutes’.In a statement, the scheme added: “The portfolios will principally be invested in US dollar-denominated bonds of corporate issuers located in OECD countries, with the exception of bonds issued or guaranteed by a sovereign state or a local authority.”It said that the €400m allocation should only be seen as indicative of the investment potential over a three-year period, with the contract running for up to five years.last_img read more

Aguero heads to Portugal for Man City quarter-final

first_imgManchester City forward Sergio Aguero is flying with his teammates for the UEFA Champions League mini tournament in Portugal. The Citizens are playing a quarter final against Lyon, which will be a one-off game. Pep Guardiola (pictured) landed in Lisbon on Monday for their quarter final If they progress, they will also have a one legged semi-final before the showpiece final. Aguero is recovering from a knee injury and hopes he can play at some point in the competition.Advertisement Promoted ContentThe Origin Story Of The Best Chocolate Thing Ever Created11 Most Immersive Game To Play On Your Table TopBest & Worst Celebrity Endorsed Games Ever MadeTop 9 Scariest Haunted Castles In Europe8 Things That Will Happen If An Asteroid Hits EarthWhat Is A Black Hole And Is It Dangerous For Us All?Can Playing Too Many Video Games Hurt Your Body?2020 Tattoo Trends: Here’s What You’ll See This YearYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeHidden For A Thousand Years – A Secret Of The Great Wall Of China10 Awesome TV Series That Got Cancelled Way Too SoonWho Is The Most Powerful Woman On Earth? Gabriel Jesus appeared in good spirits as City hope to lift silverware in Portugal Read Also: Abramovich to boost Chelsea’s transfer plans with £200m funds The 32-year-old may not be fit for the quarter final, but the Daily Mail reports he is working hard to be fit for the semi or the final. City will have Gabriel Jesus up front in Aguero’s absence, and it was his key contribution that saw them progress past Real Madrid in the round of 16. FacebookTwitterWhatsAppEmail分享 center_img Loading… last_img read more

Toronto Zoo names baby turtles after members and fans of Raptors’ NBA championship team

first_imgThe turtles are part of a group of 48 Blanding’s turtles that were released into the wild.Some of the turtles are named after players such as Kawhi Leonard, Kyle Lowry, and Fred VanVleet, while the others are named after coach Nick Nurse, the president of basketball operations Masai Uijri and superfan Drake. The zoo debuted the baby turtles in the most adorable Twitter thread. This is Kawhi Leonard (the turtle). 🏀🐢— The Toronto Zoo (@TheTorontoZoo) June 21, 2019This is Kyle Lowry (the turtle). 🏀🐢— The Toronto Zoo (@TheTorontoZoo) June 21, 2019This is Fred VanVleet (the turtle). 🏀🐢— The Toronto Zoo (@TheTorontoZoo) June 21, 2019This is Danny Green (the turtle). 🏀🐢— The Toronto Zoo (@TheTorontoZoo) June 21, 2019This is Pascal Siakam (the turtle). 🏀🐢— The Toronto Zoo (@TheTorontoZoo) June 21, 2019This is Marc Gasol (the turtle). 🏀🐢— The Toronto Zoo (@TheTorontoZoo) June 21, 2019This is Masai Ujiri (the turtle). 🏀🐢— The Toronto Zoo (@TheTorontoZoo) June 21, 2019This is Superfan Nav Bhatia (the turtle). 🏀🐢— The Toronto Zoo (@TheTorontoZoo) June 21, 2019Okay you get the gist…— The Toronto Zoo (@TheTorontoZoo) June 21, 2019 MORE: NBA Draft 2019 team grades: Pelicans pass with flying colors; Suns flunk out with lottery pick The Toronto Raptors just won the franchises’ first NBA title, and the city of Toronto is still celebrating.The Toronto Zoo commemorated the historic season by naming 37 of its Blanding’s turtles after the players, coaches, owners and even some of the team’s most famous fans. last_img read more