Dutch asset manager Robeco is to cease marketing mortgage investments to institutional buyers after it became clear a separate manager was not necessary for the asset class.Robeco and Vista Hypotheken, the Rabobank subsidiary that issued the mortgages, said potential investors didn’t need an asset manager separate from the mortgage issuer.Last April, Robeco and Vista announced that they wanted to issue mortgages to buyers entering the housing market.Under the arrangements, the Robeco Dutch Mortgages Fund (RDMF) would seek capital from pension funds and insurers, while Vista would issue the property loans. However, the two companies said last month that investors were more likely to be interested in a setup involving two separate parties, as an investment fund and a mortgages label under one roof could lead to conflicts of interest.Robeco and Vista also assumed that they could assist future clients by also offering an investment strategy.Robeco had previously said it would target loans with a relatively high loan-to-value ratio and fixed-rate periods of more than 20 years.However, it has turned out that pension investors didn’t need asset management and mortgages provided by different entities.Investors also preferred to decide on their investment strategy themselves, Robeco and Vista said, while directly fine-tuning investments with the mortgage issuer.As pension investors weren’t interested in monitoring the issuer using an independent asset manager, and the RDMF had failed to find customers, Robeco said it had concluded that it no longer made sense to continue with the fund.The €162bn asset manager is now seeking financiers who want to invest in Vista Hypotheken through a discretionary mandate.In January, the €463bn asset manager APG committed €1bn to Vista, €500m of which was meant for sustainable mortgages.These would offer consumers a 0.1% discount if their property had the highest energy efficiency rating, or would get it as a result of a renovation.
“B” Feature (15 laps) – 1. Hunter Marriott; 2. Jeff Taylor; 3. Carl Murphy; 4. Ethan Dotson; 5. Jack Sullivan; 6. Ashton Wilkey; 7. Brandon Walsh; 8. Travis Mosley; 9. Dennis Schoenfeld; 10. Eddie Belec; 11. Chris Morris; 12. Chad Clancy; 13. Jason Beaulieu; 14. Joey Gee; 15. John Hansen; 16. Clay Norris; 17. Rob Hughes; 18. Mikey Bell; 19. Jason Ingalls; 20. Neal Flowers; 21. John Waugh; 22. Jesse Dennis; 23. Randy Weaver; 24. Chris Elliott; 25. Jeremy Tharp; 26. Kody Scholpp; 27. Zack Vanderbeek. Thornton will indeed line up in the middle lane of the front row of Saturday’s 30-car, three-wide championship main event. Cook and Tanner Black of Otis, Kan. rounded out the top five at the checkers. By Mike Spieker Perhaps the best battle on the track midway through the feature was the fight for second between David Stremme of Mooresville, N.C. and Zane DeVilbiss of Farmington, N.M. Stremme, the 2003 NASCAR Busch Series rookie of the year, and DeVilbiss, a two-time IMCA Modified national champion, raced hard for the runner-up spot for several consecutive laps. Both drivers fought for the bottom groove around the fast and tacky racing surface but ninth-place starter Stremme, was able to hold off DeVilbiss, who was charging his way forward from 13th. “The car was really good. We were able to get into the lead on the first or second lap, then I just kind of rolled around the bottom,” said Thornton. “I looked at the track right before our feature and decided to make a few changes. I think that really helped us a bunch. We should be sitting on the front row for Saturday night, which I think will help us a lot.” Inaugural Race For Hope 71 champion Ricky Thornton Jr. of Adel, Iowa, by way of Chandler, Ariz., cruised to the 30-lap qualifying A-main feature win. Thornton started on the inside of row two and quickly moved by front row starters D.J. Shannon of Merced, Calif. and Curtis Cook of Conway, Ark. BATESVILLE, Ark. (Sept. 26) – After having the first two scheduled nights postponed due to rain, the third annual IMCA.TV Race For Hope 71 got underway Thursday night at Batesville Motor Speedway. Ninety-five of the best IMCA Modified drivers from across the country were checked in for action at the high-banked three-eighths mile oval. Rusty Jeffrey of Batesville picked up the C-main win. Hunter Marriott of Brookfield, Mo. won the B-main. Local favorite Jeff Taylor of Cave City, Ark., drove from 15th to finish second. Ricky Thornton Jr. raced to the IMCA.TV Race For Hope 71 A-main qualifier win Thursday at Batesville Motor Speedway. Thornton was the winner of the inaugural Race for Hope event for IMCA Modifieds. (Photo by Mike Spieker) Results “A” Feature (30 laps) – 1. Ricky Thornton Jr.; 2. David Stremme; 3. Zane DeVilbiss; 4. Curtis Cook; 5. Tanner Black; 6. Jake O’Neil; 7. Casey Arneson; 8. Wendell Wallace; 9. Kellen Chadwick; 10. D.J. Shannon; 11. Drew Armstrong; 12. Jared Landers; 13. Terry Phillips; 14. Brandon Smith; 15. Tyler Townsend; 16. Randy Foote; 17. Cody Laney; 18. Tyler Madigan; 19. Tripp Gaylord; 20. Chad Andersen; 21. Brandon Spanjer; 22. Toby Herring; 23. Chris Carter; 24. Peyton Taylor; 25. Jason Hughes; 26. Tyler Stevens; 27. Jordan Grabouski; 28. Ken Schrader; 29. Richie Tosh; 30. Kyle Strickler. The IMCA.TV Race For Hope 71 continues Friday night at Batesville Motor Speedway with racing starting at 7:30 p.m. Wednesday’s qualifying program, which was postponed due to rain, will be made up on Saturday afternoon at 1 p.m. On Saturday at 7:30 p.m., the championship event kicks off, featuring the 71-lap, $15,000 to win main event. Once out front, Thornton Jr. distanced himself from the rest of the field. “C” Feature (15 Laps) – 1. Rusty Jeffrey; 2. Shawn Walsh; 3. Keith Hammett; 4. Christy Barnett; 5. Kris Lloyd; 6. Jeff Mathews; 7. R.C. Whitwell; 8. Kody Johnson; 9. Steven Glenn; 10. Will Poston; 11. Madison Holloway; 12. Chad Mallet; 13. Alan Brown; 14. Tanner Barnhart; 15. Ryan Moore; 16. Heath Grizzle; 17. Joey Burch; 18. David Hess; 19. Justin Galbreath; 20. Shane Kelley; 21. Jacob Poel; 22. Craig Garner; 23. Brint Hartwick; 24. Chance Allen; 25. Keith Lawson; 26. James Newton; 27. John Taylor; 28. Cody Tidwell; 29. Brad Smith; 30. Jerry Harris; 31. Miles Keeney. read more
Kershaw is heading into the postseason as arguably the most dominant, complete pitcher in baseball. He’s the Game 1 starter of the NLDS for Thursday’s game against the Braves at Turner Field in Atlanta. He’s more mature, he’s got that sick changeup to boot and an eye on bringing a World Series title to Los Angeles.He’s pitching the best baseball of his career.“With Clayton, it’s been all year,” Dodgers manager Don Mattingly said. “It’s been amazing. I think he had maybe one game in there, maybe one or two, where he was a little rough. “… If we had scored some runs, he may have won 25, 26 games. If we had done anything for him offensively early on, it would’ve been every time out.”Still, the Dodgers are in good standing in the pitching department with Kershaw and Zack Greinke (15-4, 2.63 ERA) as one of the most formidable 1-2 punches in the game.Matt Kemp is out for the season and the health and durability of Hanley Ramirez, Andre Ethier and others are questions. But Kershaw is a given.When Kershaw hears 1988, and it happens all the time, he thinks of something different than Dodgers fans.“That’s my birth year,” Kershaw said.And 1988 happens to be the last time the Dodgers won a World Series. Kershaw was just a few months old when Kirk Gibson hit that home run and was arm-pumping his way to help lead the Dodgers to that championship.Kershaw appreciates Dodgers history, but he’d love for that 25-year drought to end already.“I don’t think about (1988) honestly, but it’s definitely ingrained,” Kershaw said. “That’s all we hear around here, the ‘88 team and all that stuff. It’d be nice to stop hearing about it and start our own history.“The Dodgers obviously have a ton of history. That’s part of the organization, which is awesome. It’d be fun for people to start talking about our team.”People talk plenty about Kershaw, on and off the field. Kershaw and his wife, Ellen, started Kershaw’s Challenge to help others, especially children. They started “Arise Home,” which provided a home, food, education and more for children in Africa.Last year, Kershaw won the prestigious Roberto Clemente Award, voted on by fans and members of the media for the player who “best exemplifies the game of baseball, sportsmanship, community involvement and the individual’s contribution to his team.”This year, he was named the Branch Rickey Award winner in recognition of his community service.“Baseball is what we’re supposed to do,” Kershaw said. “I’m supposed to go pitch well. That’s something I obviously take a lot of pride in. That’s what we’re meant to do.“All the awards you win for that are great, but the stuff off the field is pretty special to me because of all the time and work my wife does. She’s such a trooper. That’s her passion. To get to see her get some recognition is great because she sees me get all this stuff for baseball.”Kershaw would cherish a World Series ring, but he knows whether he wins the World Series or not, his friend Hope, who calls him Uncle Clayton, and her classmates in Africa probably would pay it no mind.“I don’t think cable TV is on the priority list over there,” Kershaw said. “If I played soccer, they might keep up with me. They do have some baseballs there now. When I go over there, they like to play catch. They don’t really know what they’re doing, but they think it’s fun.”Kershaw sure knows what he’s doing on the mound. And via his leadership, the Dodgers are eyeing a World Series.With Kershaw as the calm, driving force, there’s the energetic and youthful rookie Yasiel Puig, quirky reliever Brian Wilson, quiet Greinke, fun-loving Juan Uribe and more. You saw that as they celebrated the NL West title with that dive in the Diamondbacks’ pool.“That’s the great thing about our team. I don’t think we’d work if we were all the same person,” Kershaw said. “There’s so many different guys that we all get along. That’s what makes us special. That makes us good a little bit. It gives us a little bit of an edge.”And it starts with Kershaw. Newsroom GuidelinesNews TipsContact UsReport an Error This is much better than Kershaw’s last road to the playoffs as a 21-year-old rising star for the Dodgers. So much of that October, which saw Philadelphia win the National League Championship Series 4-1, is a blur for Kershaw.“I don’t really remember, honestly,” Kershaw, 25, said in the dugout after a workout at Petco Park last week. “I remember running into the wall in September and wondering if I was going to be able to pitch. I remember pitching a little bit. It was so long ago, I really don’t remember a whole lot.”It’s easy to forget the mishap when Kershaw was shagging balls in the outfield the first week of September in 2009. He lost his bearings, ran into the opposing team scoreboard in right field while trying to track down a ball and injured his shoulder. Kershaw was healthy by the postseason, but he was young and inexperienced. He started Game 2 of the National League Division Series against St. Louis, allowing just two runs in a solid 6 2/3 innings. He was named the Game 1 starter of the NLCS against Philadelphia, and even though he had a dominant fastball and that buckling signature curveball, it was a gaudy stage for a kid. He allowed five earned run in 4 2/3 innings. He took the loss as the Phillies won, 8-6. That set the tone for the series. “I think (I was ready),” Kershaw said. “I don’t know if I really knew what was going on, honestly. I just thought it was what you do. You go to the postseason and you get to pitch. Now I know it doesn’t happen very often. it makes it a little more special now.” Clayton Kershaw didn’t know he was being beckoned for a curtain call, and even if he did, he would’ve been sheepish about that kind of attention. He caught on when teammate Juan Uribe gave him a good-natured shove up the Dodger Stadium dugout steps after a dominant six-inning shutout over Colorado on Friday night. Kershaw smiled and waved his cap, exiting the regular season with the adoration of Dodgers fans and a fantastic year that could give him his second Cy Young Award. The Dodgers’ ace was 16-9 with a 1.83 ERA, the lowest in the majors since Pedro Martinez had a 1.74 ERA with Boston in 2000. Kershaw is walking the red carpet with plenty of swagger to the postseason, armed with awards and statistical bling. Everything but a World Series ring. read more
Some of the Pramerica Team!DONEGAL-based Pramerica Systems Ireland has been named among Ireland’s Best Workplaces by Great Place to Work® Ireland.Pramerica, with 1,100 employees in Letterkenny, earned the Number 14 spot in the category ‘Best Large Workplaces.’“So much of being a “Great Place to Work” comes down to an organisation’s people. It’s the talent and commitment of our team that strengthens our work environment and defines our success as a company,” said Caroline Faulkner, senior managing director and chief information officer in Letterkenny. “I’m proud of this recognition. Our culture of mutual respect and teamwork means that we celebrate our professional and personal accomplishments together, and this award is shared by everyone in our organisation.”The Great Place to Work® study identifies and recognises the finest employers – and therefore the most satisfied workforces – in Ireland and throughout the European Union.Employees in each participating organisation complete a confidential questionnaire, rating their employers on almost 60 elements covering credibility, respect, fairness, pride and camaraderie in the workplace.Surveys are returned to the Great Place to Work® Institute by each individual employee to ensure confidentiality and honesty. More than 90,000 employees in over 100 Irish companies participated in the survey. John Ryan, CEO of Great Place to Work Ireland said: “These companies have proven the clear link between high trust and high performance. They are ahead of the rest because they don’t deliver mere platitudes about the importance of their employees to their business; rather, they create a rich culture supported by people practices that ensure higher levels of collaboration, greater input into strategy development and vision shaping, and distributed decision making throughout their population – making sure that the people with the most relevant knowledge are tasked with making those decisions.”Pramerica Systems Ireland provides essential computer-technology and client-contact services to PFI businesses around the world. Its Information Technology Group develops software and other systems solutions for PFI business groups and its Operations Group functions as a back-office contact centre for PFI business group.The Essential Guide to Corporate Ireland has named Pramerica Systems Ireland the largest software operation in Ireland outside Dublin and Cork and one of the largest in Ireland. PRAMERICA NAMED ONE OF BEST PLACES TO WORK IN IRELAND was last modified: March 17th, 2014 by John2Share 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:IrelandletterkennyPlaces to Workpramerica read more