Swiss investor GAM’s head of investment Matthew Beesley has decided to leave the company, it announced this morning.It said his role would not be replaced because of his successful work restructuring the investment team.His business management duties will instead be taken on by the respective heads of GAM’s two investment groups, while group chief operating officer Steve Rafferty will assume Beesley’s responsibilities for front office controls and trading.GAM said that as Beesley did not manage any client money at the firm his departure would not have any impact on the investment management of its funds or mandates. The Zurich-headquartered company said he would continue to work over the coming months to ensure a smooth transition.GAM is seeking to return to growth after losing nearly CHF30bn (€27bn) in assets in the wake of the suspension of the head of its absolute return bond team in 2018 and subsequent liquidation of the funds. Group CEO Alexander Friedman left a few months after Tim Haywood was suspended and Friedman’s replacement, Peter Sanderson, was announced in July this year.Beesley joined GAM in March 2017 and was appointed to the group management board in September 2018. The role of group head of investments was created around this time, with Beesley stepping into it.
Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers “There’s always a trailblazer, always a first,” she said. “Someone has to lay a bridge for what comes after. You wouldn’t have the WNBA without what we did at USC.”The documentary, which publicly airs on Tuesday night, celebrates the Trojan women who were some of the first superstars of women’s basketball. While Cheryl Miller, the three-time Naismith Player of the Year considered by some to be the best women’s player ever, takes center stage, the film also celebrates other key players including the McGees, who played a pivotal role in not just winning, but recruiting Miller.By Pam’s account, they told the prep phenom from Riverside that she’d have her work cut out for her if she followed through with a verbal pledge to attend UCLA: “We told her she’d never win a championship because she’d have to go through us.”It’s a portion of history that has, at times, been papered over because it took place before the WNBA and when TV opportunities were limited for the women’s game. The McGee twins were among the first women to receive full scholarships when the sport became NCAA-sponsored in 1981.It boggles JaVale’s mind to think that his mom worked so hard at basketball growing up in Michigan at a time when it promised no future.“I always asked her, ‘Why were you working so hard?’” he said. “You know what I’m saying? You couldn’t get a college education from playing basketball, so why were you working so hard?’ And she said she just worked as hard as she could, and that’s all she knew, and it worked out for her.”Pam and Paula looked similar growing up but had different styles: While Paula’s game was more as a finesse wing player, Pam was in-your-face physical (which she might acknowledge aligns with her personality). On their street, they got court time because they were the only family with a hoop in their backyard. Said Pam, “Nobody could play unless we played.”At the time, there was talk that Title IX might eventually allow for women’s sports scholarships, but there was no guarantee. Their father had died in a boating accident at 35. Their mother, Diane McGee, was a factory worker, who sensed that they might have an opportunity to get to college through basketball. She was the one, Pam said, who kept them at it.Diane died in 2007, but her dream set a course: Today, basketball is a McGee family passion. As Imani puts it: “Basketball is what we do.”It wouldn’t have been possible without Diane.“I tell my kids, ‘Your grandmother spoke it into my life,’” Pam said. “She’s always with me. She’s smiling down on me.”Female athletes were seen as a novelty at the time in a male-dominated arena: The HBO film shows a newspaper clipping that describes the twins in cringeworthy terms as “honey-toned cuties.” But their competitive spirit won them support, and when the Trojans were at their best in the mid-’80s, they were a bigger draw than the men’s team. The stands at their games were packed, Pam remembered, and when games went to overtime, the gym walls themselves would sweat with condensation.It was a good time to be a USC athlete. The twins connected with Magic Johnson over their Michigan roots and the Lakers star used to leave them tickets to watch “Showtime” era games at the Great Western Forum. When JaVale signed with the Lakers in 2018, Pam told him to tell owner Jeanie Buss hello – they attended college together.“JaVale was like, ‘You don’t know her,’” Pam said. “But when Jeanie said she knew me, I got instant credibility. Your kids really don’t believe that you had a life before them.”JaVale has heard stories, but he also got to experience his mom as a baller through games of one-on-one they played when he was growing up – “she did won most of them,” he offered.Pam has been a steadfast (and sometimes very vocal) supporter throughout JaVale’s career, which has now spanned more than a decade. It’s been rocky, notably through the mid-2010s when he was a little-used bench player who was also star-crossed with injuries. But his late-career renaissance, in which he’s won two championships with the Golden State Warriors and now entrenched himself with the Western Conference-leading Lakers has fulfilled what she always saw in him – a trait she thinks runs in the family.“I think JaVale has shown resiliency,” she said. “The McGees always fight. We always bounce back. We’re always gonna be at the top of the food chain.”As a family, the McGees are also into pranks. JaVale pulled off one for the books in December 2018 when he convinced his mom that she had won a “Travel Goddess Sweepstakes” trip to Los Angeles for her birthday. He had a fake website set up to sell Pam on the authenticity of the spoof sweepstakes, but he footed the bill for her first-class flight and hotel accommodations.Once she arrived, he surprised her by taking her to a USC basketball game. But then there was one more ambush in store, when he told her to come upstairs to one of his apartments before they were to go out: Inside was a surprise party with a number of her old USC teammates in attendance.Related Articles Lakers, Clippers schedules set for first round of NBA playoffs Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed LOS ANGELES — Late last month, JaVale McGee skipped a team flight to attend a red carpet premiere. He had to leave halfway through the film to meet the Lakers in San Francisco, crunching his 7-foot body into the seat of a commercial flight out of L.A.It was worth it to be there, even for a short while, to honor and remember the basketball legend who first sparked his love of the game: his mom.“I’m excited to see my mother get the exposure she’s deserved her whole career,” McGee said recently, “especially in this day and age when these things can go viral and people can really see.”The premiere of the upcoming HBO documentary “Women of Troy” was on the USC campus, and Pamela McGee, one of the film’s star subjects, was dressed in a strapless cardinal dress matching her twin sister and former teammate Paula. To have both her children present – JaVale and Imani McGee-Stafford both play professional basketball – meant as much as what she watched on screen that night: She’s the only WNBA player to ever have children drafted into both the NBA and WNBA. Lakers practice early hoping to answer all questions AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersPam wanted to show off her kids, who she describes as her proudest achievements, but she also wanted them to see: Mom had game, too.Especially for Imani, who was too young to ever see her mother play, it was an eye-opening experience.“I know she’s in the (women’s basketball) Hall of Fame, that she’s an Olympian and all that, but it’s way different when you experience it, and hear other people say, ‘Your mom’s a beast,’” she said. “And you’re watching, and you’re like, ‘She was a beast.’”By the time JaVale was born in 1988, Pam had already won two NCAA national championships for USC and an Olympic gold medal in the 1984 Games and had earned three-time All-American status. She went on to play in the inaugural season of the WNBA, well after her prime years as an athlete.Pam McGee, a 6-foot-2 banger who took no prisoners in the post, would have loved the chance to play a long, fruitful career if the WNBA had come around earlier. But she also has no regrets about how things turned out. Pam was floored by the party, but what moved her most was the gesture. Her children live far afield these days chasing their careers, and it’s as hard as ever for them to invest time into something thoughtful for her.“He really had to think about it, had to organize it,” she said. “It’s not about the things he gives, it’s about the time he spent. It’s not hard to buy things. That’s what made it special for me, that he orchestrated it.”The McGee children have a lot to pay back to their mother. Imani likes to think of her grandmother as she, JaVale and their cousins pursue their goals as professional athletes, which she calls “living our ancestor’s wildest dreams.”While nodding to the past, JaVale also thinks ahead. He has a daughter now – 3-year-old Gigi – and he can see the throughline. What’s now possible for his little girl was paved by women like his mom.“She has an opportunity to follow in those footsteps and be a great basketball player also,” JaVale said. “My mother did so much without knowing what the future would hold.”Lakers center JaVale McGee poses for a photo with his mom, former USC star Pamela McGee, during a game between USC and Nevada on Dec. 1, 2018, at the Galen Center. (AP Photo/Marcio Jose Sanchez) How athletes protesting the national anthem has evolved over 17 years Newsroom GuidelinesNews TipsContact UsReport an Error read more
A legal argument as to whether or not charges of bribery must be dropped against Andrew Grove and his Sable Mining Company intensified yesterday at Criminal Court ‘C,’ with Judge Emery Paye suspending his ruling.Judge Paye did not give any date to hand down his ruling after defense lawyers and prosecutors rested their presentations.Andrew Grove and his Sable Mining Company were indicted along with several former and present government officials, including Speaker Alex Tyler, for allegedly bribing said officials to change the Public Procurement and Concession Commission (PPCC) Law to avoid any bidding process to enable them obtain the approval for mining of the Wologizi Mountain in Lofa County.The indictment was also based on a Global Witness report implicating them having paid over US$900,000 to change the PPCC Law.Grove’s and Sable Mining’s legal team, the Justice and Peace Interest Consortium, yesterday argued that their clients are not Liberians and they are not employees of the Liberian government or members of the National Legislature to change any laws. Therefore, they argued, they cannot be held responsible for lawmakers to change their country’s laws.Besides, they said the court lacked extraterritorial jurisdiction to try their clients, because they are not Liberians and are not under the country’s jurisdiction.They claimed that there is no extradition treaty between Liberia and Great Britain, and there is no legal basis to have their clients brought back to the country for prosecution.In counterargument, prosecutors said that, though the defendants were non-Liberians and not government officials, they offered and paid money for the performance of an official duty of the lawmakers. Furthermore, their action helped to create an opportunity for people to defraud the government, which is a serious crime under the Liberian law.Responding to the defendants’ argument that they were not involved in lawmaking, prosecutors clarified the defendants committed a crime of bribery, of which they do not have to be Liberian citizens to commit. Prosecutors also contended that the defendants cannot be tried in absentia, since they have not been brought under the jurisdiction of the court, “so there is no need for their lawyers to ask for dismissal of the indictment.”“We have not served them with the writ of arrest, the indictment and other relevant legal documents to have them extradited to Liberia for their prosecution,” Cllr. Daku Mulbah, lead prosecutor of the Global Witness bribery scandal, said. He maintained that there is an extradition treaty with the government of Great Britain, dated back to the 1800s, leaving both countries to exchange intelligence and security information.Further Cllr. Mulbah claimed that evidently the defendants interacted, designated and appointed Cllr. Varney Sherman as their legal counsel and Sherman’s report to them revealed that they facilitated changing the Act.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) read more
At this time they are still investing the cause of the power outage, but hope to have power restored by 7 a.m.Hydro lists the outage as affecting the following area: East of RD 275 , South of RD 246 , North of NORTH BANK RD, West of 79th ST.We will post more updates as they become available. You can also get updates at www.bchydro.com/outages- Advertisement –