September 29

Mandate roundup: Towers Watson, Hermes EOS, Government Pension Fund Norway

first_imgHermes EOS is wholly owned by Hermes Investment Management, the asset manager created by the £40.2bn BT Pension Scheme.Elsewhere, the Government Pension Fund Norway has begun tendering for three financial management consultancy firms to join its new four-year framework agreement.The NOK185.7bn (€21.5bn) sovereign fund said it required consultancy services in relation to the administration of the fund, with successful firms providing data and analysis for investment strategies, responsible investment practices and framework follow-ups.The fund produced an annual return of nearly 11% over 2014, with strong equity growth offsetting a decline in the oil price.The Oslo Stock Exchange was down 5.5% over the end of the fourth quarter – with energy-sector stocks falling in value by 25% – but nevertheless finished the year up by 5% due to the consumer and materials sectors. Consultancy Towers Watson has appointed stewardship overlay firm Hermes EOS to assist the company on its fiduciary management activities.Hermes EOS will engage on ESG matters on behalf of Towers Watson’s global fiduciary management business, which currently has around $75bn (€69bn) in assets under management.The stewardship firm normally engages companies on ESG matters with regards to public policy and also on social matters such as wages, health and safety and corruption.Towers Watson is its first fiduciary management client and now acts on behalf of £134bn (€183bn) of assets.last_img read more

August 14

Inside Tua Tagovailoa, DeVonta Smith’s record-breaking day for Alabama

first_imgMORE: Jalen Hurts distances himself in Heisman race with stat-stuffed Big 12 debutWith that, a look inside Tagovailoa and Smith’s ludicrous outing against the Rebels:274 receiving yardsSmith logged what might be the best receiving game in Alabama football history, catching 11 passes for 274 yards and five touchdowns (more on those scores in a minute). His 11 catches were only two away from tying the Alabama single-game record of 13, held by D.J. Hall (2007 vs. Tennessee) and Amari Cooper (2014, vs. Florida Atlantic and Auburn).Five touchdown receptionsNow, about those touchdowns: Smith caught five on the day, tying an SEC single-game record and obliterating Alabama’s old single-game mark of three. Several Alabama receivers have caught that many in a game, including Jerry Jeudy against New Mexico State on Sept. 7. Smith’s touchdowns Saturday went for 74, 25, 23, 33 and 27 yards, respectively.Six passing touchdownsMeanwhile, Tagovailoa broke his own record of passing touchdowns in a game, throwing six against Ole Miss. Smith was the primary recipient of those touchdowns, but Tagovailoa’s last touchdown went to tight end Miller Forristall from 19 yards out.Four five-passing-touchdown gamesPrior to the 2018 Iron Bowl, only one Alabama quarterback had ever thrown for five touchdowns in a game (coincidentally, it was when Gary Hollingsworth threw five against Ole Miss in 1989). Tagovailoa completed his fourth five-passing-touchdown game Saturday against the Rebels, and his third of the year. He’s the only quarterback in Alabama history to have completed the feat more than once.Seven touchdowns accounted forTagovailoa isn’t a one-dimensional player. On top of the six touchdown passes he threw, he also ran for one from 7 yards out. That gave him seven total touchdowns for the day, breaking the mark he set last year against Auburn, when he accounted for six.85 career touchdowns accounted forFor his career, Tagovailoa has accounted for 85 total touchdowns: 77 through the air, and eight on the ground. That puts him solely in first place and five ahead of AJ McCarron, who accounted for 80 touchdowns from 2010-13. The most impressive aspect of this stat is Tagovailoa still has several games left to play this season; by the time he’s finished in Tuscaloosa, his record might not be touched for a long, long time. Alabama put on quite the offensive display in its 59-31 win over Ole Miss on Saturday; more accurately, quarterback Tua Tagovailoa and receiver DeVonta Smith put on the offensive display.Those two combined to tie or break six Alabama records in Bryant-Denny Stadium as the Tide advanced to 5-0 on the season. Tagovailoa was his usual accurate self, while Smith seemed unguardable. Postseason hardware may not be on these players’ minds, but they’ll definitely be up for a few if they continue playing at the same level they did on Saturday. 77 career passing touchdownsOne record Tagovailoa wasn’t able to break — but did tie — was career passing touchdowns. After tossing six through the air on Saturday, he tied McCarron for 77 in a career. That record will remain unbroken for at least another two weeks, when Alabama comes off a bye to play Texas A&M in College Station.72.2 completion percentageAs gaudy as the above stats are, what makes them more impressive is the fact Tagovailoa did it so efficiently: He completed 26 of 36 passes (72.2 percent) on the day. High volume combined with exceptional efficiency makes for a deadly combination.Zero turnoversTagovailoa turned in another zero-turnover day against the Rebs, giving him a 25-0 touchdown-turnover ratio this season. With seven games remaining in the regular season, that mark surely won’t last — but as long as it does, it will continue to remain an impressive feat.last_img read more

August 13

Prairie Ridge celebrating 50th anniversary

first_imgMASON CITY — Prairie Ridge in Mason City on Thursday celebrated its 50th year of providing quality substance abuse and mental health treatment to individuals and families throughout the area.Executive director Lorrie Young says the organization is excited to be marking five decades of service to the community. “There’s been a lot of change over the last 50 years both in terms of policy and funding, but we’re at a point where we understand that outcomes improve when we can provide truly integrated care, whole person care for the individuals we serve. We’re excited to be able to provide treatment for substance use disorders and gambling disorders as we have historically, and two years ago becoming the community mental health center in adding mental health treatment.”Young says people may not be aware of Prairie Ridge taking over mental health services from Wellsource and the former North Iowa Mental Health Center a few years ago. She says her organization as well as several private mental health service providers have been trying to step up to serve the needs of the community.  “We know that even with everybody doing the best that they can, there’s still not enough services to meet the demand. So while we are really proud of the fact that that we started from day one working to meet the needs of the individuals that were being served by the mental health center, we also remain eternally grateful to the community partners that were a significant part of making sure that nobody fell through the cracks when that transition happened.”A new full-service pharmacy is currently being constructed in the Prairie Ridge building. Young says research shows that patients are helped more when there is an on-site pharmacy where they are getting treated. She says they are partnering with Genoa Pharmacies, which specializes in medications to treat behavioral healthcare conditions. “So they are really instrumental in helping to provide patient education, consultation support, getting pre-authorizations, making sure that patients have what they need when they need it. I also think that for a lot of our patients, when they’re struggling, having to go five or six different places to get their needs met can feel really, really overwhelming. A lot of them have transportation concerns, so to be able to do everything in one location, to be able to see a provider, get a prescription if they need it, be able to get their medication on site, for patient to have injections to be able to have somebody to do that here, it just simplifies their lives in a way that it’s something we can do to make it easier for them.”Young says Prairie Ridge is blessed and grateful to the communities that they’ve been able to serve in the last 50 years.  “We’re grateful for all of you in helping to get the word out that help is available, that care is available in an environment that doesn’t see the people we serve is broken, but sees them as courageous individuals, making choices to live their lives with purpose.”Yesterday’s celebration was for staff and employees. A public celebration as well as 5K walk and run will be held on their campus at 320 North Eisenhower on Saturday September 21stlast_img read more