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Regency Alliance Insurance Plc (REGALI.ng) Q12015 Interim Report

first_imgRegency Alliance Insurance Plc (REGALI.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2015 interim results for the first quarter.For more information about Regency Alliance Insurance Plc (REGALI.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Regency Alliance Insurance Plc (REGALI.ng) company page on AfricanFinancials.Document: Regency Alliance Insurance Plc (REGALI.ng)  2015 interim results for the first quarter.Company ProfileRegency Alliance Insurance Plc is an insurance company in Nigeria licensed to cover all classes of non-life insurance. The company also has business interests in property investments in the form of real estate development and leasing, finance leasing, retail and microfinance banking and vehicle tracking and fleet management services. Regency Alliance Insurance Plc covers aviation, bonds, goods in transit, motor vehicles, employer’s liability, plant and industrial all-risk, marine, oil and energy, contractor all-risk, director’s liability, fidelity guaranty, professional indemnity, public liability, erection all-risk, machinery breakdown, business interruption, burglary, personal accident and fire and special perils insurance as well as occupier’s and builder’s liability, healthcare professionals, motor third party insurance and property and family protection insurance. RIC Properties & Investment Limited is a subsidiary of Regency Alliance Insurance Plc. The company’s head office is in Lagos, Nigeria. Regency Alliance Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

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Forget buy-to-let! I’d buy this FTSE 100 share that’s turned £1k into £14k

first_imgForget buy-to-let! I’d buy this FTSE 100 share that’s turned £1k into £14k Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997”center_img Companies that provide a unique product or service that cannot be copied tend to be the best investments. Having a unique product gives businesses pricing power, which means they can charge what they like (up to a point).These companies usually have fat profit margins and report high returns on invested capital (a measure of profitability for every £1 invested in the operation).5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The London Stock Exchange (LSE: LSE) is one of these institutions. As well as being the operator of London’s stock market, the company also owns stock markets around Europe. Further, it is a major force in the clearing market across the continent.Crucial businessClearing isn’t a particularly exciting or high-growth industry, but it is a vital one. It is essentially the plumbing of the financial markets.Clearing houses make sure all parties settle trades on time with the correct money paid for the deal. Without them, the financial markets would be a very different place altogether.The fact that the LSE has such a big hold over European financial markets makes it a top-quality stock. Indeed, the stock has been one of the best performing shares in the FTSE 100 over the past decade.A £1,000 investment in the company 10 years ago is worth £14,000 today.It doesn’t look as if the group is planning to settle down any time soon either. It is currently progressing with the acquisition of data giant Refinitiv.This $26bn deal will give the LSE a foothold in another major market, financial data. It already has a presence in the financial data market, providing figures for index providers, but this deal will be a tremendous boost for the data division.Continued growthWith a robust presence in virtually every segment of the European financial markets, the LSE group is unlikely to be dethroned from its position. This suggests that shareholders should continue to be rewarded for owning a slice of this world-leading business.Barring a significant setback, such as a cyber attack or collapse of one of the LSE’s major business divisions, group earnings should continue to grow at least in line with inflation over the long term as management uses the company’s position in the market to increase prices.On top of this, the organisation is likely to make further additional acquisitions to complement organic growth.A price-to-earnings (P/E) ratio of 38, at the time of writing, reflects the LSE’s prospects. It also reflects the fact that earnings per share are on track to grow by more than 30% over the next two years.This could be a taste of things to come. Over the past six years, earnings per share have grown threefold. A repeat of this performance over the next six could see the stock triple from current levels. In addition to this capital growth potential, shares in the LSE also support a dividend yield of 1%. Simply click below to discover how you can take advantage of this. Rupert Hargreaves | Saturday, 1st February, 2020 | More on: LSEG Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Rupert Hargreaves I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.last_img read more

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1 penny stock I’d buy today

first_img James J. McCombie | Wednesday, 31st March, 2021 | More on: SCE James J. McCombie owns shares of Surface Transforms. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares See all posts by James J. McCombie I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. 1 penny stock I’d buy todaycenter_img The high-calibre small-cap stock flying under the City’s radar Shares in Surface Transforms (LSE:SCE), a Cheshire, UK, based manufacturer of carbon-ceramic brake discs, trade at 75p. Being a small company with a market cap of £152m, with shares trading on London Stock Exchange’s AIM market for less than a pound, Surface Transforms can rightly be called a penny stock.Last March, Surface’s penny stock status was even more assured since it was trading at 16p. I have been a shareholder in Surface Transforms since 2018, and I have been delighted with the 388% price rise over the last 12 months. But, I am not cashing out now as I think there are more price gains to come.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Electric vehicles need brakesSurface’s brakes find use in high-performance vehicles, be they petrol or electric powered. Brake discs are one component that will not become redundant if the internal combustion engine disappears.Surface has been expanding its brake-disc production capacity from handling £4m worth of sales to circa £20m. The expanded capacity should be available in the second quarter of this year. Surface has raised £20m this year. The bulk of these funds will build revenue manufacturing capacity to approximately £35m per year in 2022. The rest will support the working capital requirements of ramping up to the £20m in expected sales per annum mark.This is not a build it, and they will come strategy. Surface has been steadily winning contracts to supply brake discs to car markers. An eighth manufacturing supply contract was signed in 2020. A ninth is in process. These will exhaust the capacity of a £35m sales per year facility by 2024 if things go to plan. Surface has a potential contract pipeline that would require something like a £75m facility in 2024, rising to close to £100m by 2026.Penny to pound stock?Surface Transforms reported revenue of £1.45m for the 2019 fiscal year. Eyeing revenues almost 100 times higher in six years is ambitious. Given the stepwise progression and the success achieved already in scaling up capacity, I think it is achievable. The potential demand is also there for the taking. A single highly profitable manufacturer dominates the high carbon-ceramic brake disc market. This manufacturer does ownership links with some carmakers. Surface is a credible alternative, and its position as an independent supplier strengthens its case for continuing to grab market share.But there are, of course, risks. The market-dominating supplier is powerful and may react aggressively to losing market share. Increasing manufacturing capacity, particularly towards the £100m revenue mark, requires capital. Existing shareholders have the risk of being diluted as funds are raised by issuing new shares. Returns can be gobbled up by interest payments on debt raised to pay for factory capacity.The coronavirus pandemic might leave lasting scars on the global car market, particularly the luxury segment. Surface’s broader ambitions do rely on the auto market being in fairly good health fairly soon. Increasing sales requires increasing working capital, so Surface will have to manage its cash flows closely when ramping up its output. Surface’s expansion to £35m worth of sales by 2024 at the earliest seems fairly assured. That would be enough for me to add Surface to my portfolio today. The potential for more growth makes me think this penny stock will be a bonafide pound one someday. Simply click below to discover how you can take advantage of this. Image source: Getty Images Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before!last_img read more

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Silvestre Romero elected bishop coadjutor of Diocese of Guatemala

first_img Rector Collierville, TN Posted Jun 12, 2017 The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group The Rev. Silvestre Romero. Photo via Facebook[Diocese of Massachusetts] The Rev. Silvestre Romero, rector of St. Peter’s-San Pedro Church in Salem, was elected bishop coadjutor of the Diocese of Guatemala during its May 26-27 convention held at the Cathedral of St. James the Apostle in Guatemala City.  Pending the consent process, Romero will succeed the current bishop, the Rt. Rev. Armando Guerra.“We rejoice at Silvestre’s election in Guatemala, and extend our prayers for their future partnership as diocese and bishop.  Silvestre and his family will be greatly missed here in the Diocese of Massachusetts,” Massachusetts Bishop Alan M. Gates said.Text from the official notification from Guerra to fellow bishops, dated June 7, follows below.Guatemala is among the five dioceses, along with El Salvador, Nicaragua, Costa Rica and Panama, that comprise the Anglican Churches in Central America, or IARCA in its Spanish acronym, one of the newest provinces in the Anglican Communion.Por este medio y con gran gozo y satisfacción les notifico que la Convención Extraordinaria IX convocada para los día 26 y 27 de Mayo en la Catedral Episcopal Santiago Apóstol con el propósito de elegir un Obispo Coadjutor para la Diócesis de Guatemala, se realizó y eligió al  R.P. Silvestre Enrique Romero León.El Padre Silvestre Enrique Romero tiene 49 años y es actualmente el Rector de la Parroquia San Pedro en Salem Massachusetts, congregación y  Diócesis a las que les estamos muy agradecidos por habernos dado al Padre Romero.En Cristo,Rvdmo. Armando Roman Guerra Soria,Obispo Diocesano Missioner for Disaster Resilience Sacramento, CA Director of Administration & Finance Atlanta, GA Featured Events Youth Minister Lorton, VA Rector Shreveport, LA Bishop Diocesan Springfield, IL Rector Pittsburgh, PA Canon for Family Ministry Jackson, MS Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Associate Rector Columbus, GA Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Submit a Press Release Course Director Jerusalem, Israel The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Curate (Associate & Priest-in-Charge) Traverse City, MI Tags Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Priest Associate or Director of Adult Ministries Greenville, SC Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem New Berrigan Book With Episcopal Roots Cascade Books This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Director of Music Morristown, NJ Submit an Event Listing Silvestre Romero elected bishop coadjutor of Diocese of Guatemala Rector/Priest in Charge (PT) Lisbon, ME Associate Priest for Pastoral Care New York, NY Rector Albany, NY Priest-in-Charge Lebanon, OH Cathedral Dean Boise, ID Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector and Chaplain Eugene, OR Assistant/Associate Priest Scottsdale, AZ Rector Belleville, IL Anglican Communion Curate Diocese of Nebraska In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Family Ministry Coordinator Baton Rouge, LA Rector Hopkinsville, KY An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Featured Jobs & Calls Rector Tampa, FL Submit a Job Listing Rector (FT or PT) Indian River, MI Assistant/Associate Rector Washington, DC Rector Knoxville, TN Rector Bath, NC Assistant/Associate Rector Morristown, NJ Press Release Service Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Associate Rector for Family Ministries Anchorage, AK Rector Martinsville, VA Rector Washington, DC Rector Smithfield, NClast_img read more

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Schools raise £100k for their solar panels in eight months

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  34 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  33 total views,  1 views today Advertisement Schools raise £100k for their solar panels in eight months Nineteen schools in the UK have raised over £100,000 in eight months to fund the installation of solar panels for their buildings. The schools are taking part in the Solar Schools project from the not-for-profit carbon-cutting campaign 10:10.The money has been raised by a range of methods, including bake sales, sponsored events, business sponsorship and crowdfunding.The Solar Schools project provides pupils and volunteers with a package of training, support and resources to help them enhance their usual fundraising efforts.Solar Schools say that a typical school will raise £8,000 – £10,000 to install around 33 panels. These can, claims the organisation, generate over £30,000 over their lifetime in bill savings and revenue from the government’s Feed-in Tariff scheme. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis https://vimeo.com/35873082 Howard Lake | 4 June 2014 | News 2014-15 Solar Schools schemeApplications are open to join the Solar Schools scheme for 2014-15, with 20 places available. Applications should be submitted by 6 June 2014.Good Energy is offering a chance to win an additional £5,000 to put towards one school’s solar panels.last_img read more

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Fundraising Regulator publishes list of payers & non-payers of voluntary levy

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis12 The Fundraising Regulator has published its list of the charities that have paid, and not paid, its voluntary levy.According to the Fundraising Regulator, the list has been published ‘in the interests of transparency and fairness’ and reveals the names of around 160 charities that have so far not paid. Earlier in August, Lord Grade called non-payment ‘unacceptable and unprofessional’, and said that paying demonstrated ‘a commitment to the public that a charity believes in honest and ethical fundraising’.1,570 charities were asked to contribute to year one of the levy, which is used to fund the Regulator and applies to charities in England and Wales that spend £100,000 or more each year on fundraising. In addition, the Regulator is currently negotiating with an additional 95 organisations that are not yet included.The levy is based on the ‘spend on generating voluntary income’ data submitted as part of the annual return to the Charity Commission made by charities for the year ended 31 December 2014. There are ten banded thresholds, which determine how much a charity is expected to pay. One spending £100,000-£149,000 would pay £150 a year, while at the top of the scale, a charity spending over £50m would pay £15,000. Others, which are exempt, are asked to pay a flat rate of £1,000.FR Regulation Watch, which tweets every time a charity joins the Regulator in an attempt to inform the levy debate in an impartial way, has released a graph illustrating the levy payers and where they fall on the payment scale:@ukfundraising The Fundraising Reg announced today who has paid the Levy and who didn’t. Here’s a picture to illustrate it #fundraising pic.twitter.com/5rS46hmBwL— FR Regulation Watch (@FRegWatch) August 31, 2017 Advertisement Melanie May | 1 September 2017 | News Dr Alasdair Rutherford is a Senior Lecturer in Social Statistics at the University of Stirling specialising in the analysis of data about the third sector, and is behind FR Regulation Watch.Based on his analysis following the list’s publication, Dr Rutherford says:“About 84% of the 1,665 eligible charities have paid the Levy and signed-up to the new Fundraising Regulator.  The largest charities are most likely to have paid (93%), with lower take-up amongst smaller charities (82%).  Some smaller charities with fluctuating fundraising expenditure refusing to pay may feel that the way the threshold has been assessed is unfair. Charities who have paid are most likely to operate in the fields of Education & Research, Health or Social Services.”“In naming charities who have decided not to contribute, a distinction should be made between those large charities who have opted out, and the smaller charities who have been caught up in the Levy due to an exceptional year in 2014.  This affects only a small number of charities, but being named and shamed could have consequences for their reputations. Most of the largest fundraising charities have joined the new Regulator, but it is right that questions are asked of those large charities that have taken the decision not to participate in the regulation.”The Fundraising Regulator has said that those listed as non-payers have either refused to contribute to the levy, or have not responded to its communications and added:“ The list will be updated to include charities with whom we are still in negotiation, as and when they decide whether or not to pay. As such it is a live document.“As always, we are grateful to those charities who have paid the levy, and look forward to continued collaboration in the future.”  137 total views,  1 views today  138 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis12center_img Tagged with: Fundraising Regulator payment Fundraising Regulator publishes list of payers & non-payers of voluntary levy About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more

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Data concerns dominated consumer complaints in 2017, says DM Commission Annual Report

first_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. The DM Commission’s Annual Report, out today, has revealed that issues around data and privacy were the biggest concerns for consumers last year.The DM Commission’s 2016/17 report recorded nearly 200 complaints against businesses in the direct marketing sector between 1 July 2016 and 30 June 2017 – 10% fewer than the previous year – and investigated 39 cases involving existing members of the DMA. Overall, 69% related to data, privacy and quality and 82% came from consumers.Cases often related to complex supply chains where insufficient due diligence led to original consent or lack of consent being overlooked. This was in breach of the DMA Code. The remaining complaints were split between contractual (21%) and customer service (10%) issues.Over the course of the year, the Commissioners conducted a full formal investigation into two businesses, finding one in breach of the DMA Code. One case related to complaints received from two individuals registered on the Telephone Preference Service, who had been contacted by a lead generation business for a lifestyle survey. The DMA member could not provide evidence that they had satisfied themselves that their call-centre partners had the consents necessary to be calling people registered with the TPS.A further consent issue was also highlighted in that the offshore suppliers’ call scripts listed sponsor names at the end of the calls, which in one case was within a pre-recorded message. This gave listeners no assured or straightforward mechanism for deciding who the call-recipient did or did not want to hear from. The Commission thought the consent mechanism for the DMA business to then make subsequent calls was therefore inadequate.George Kidd, Chief Commissioner of the DM Commission, said:“While the volume of complaints remains low the challenges with data and consents across lengthy value-chains are a cause for concern. Here, as with other issues, we seek to balance our responsibility for dealing with the behaviours with individual businesses with the need to look at where and why there is an issue, and to work with the DMA on policy responses across the board, and not just the individual complaint and member company.”  139 total views,  1 views today Advertisement Data concerns dominated consumer complaints in 2017, says DM Commission Annual Report AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis3  140 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis3 Melanie May | 29 January 2018 | News Tagged with: data data consent Research / statisticslast_img read more

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Barings converts dedicated charity fund to CAIF

first_img  435 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 “The key to success is good strategic, dynamic asset allocation. We seek to participate in up-markets and protect in down-markets as we believe this is an effective way for investors to grow assets while experiencing reduced volatility.” Melanie May | 11 February 2020 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.  434 total views,  2 views today Barings converts dedicated charity fund to CAIF Tagged with: Finance Financial services firm Barings has converted its dedicated charity fund, the Barings Targeted Return Fund, to a Charity Authorised Investment Fund (CAIF).Barings Targeted Return Fund is a daily dealing fund with a minimum investment of £10,000. The new CAIF structure will bring cost benefits to clients by allowing for VAT to be waived on the management fee, while the Fund’s Annual Management Charge has been reduced from 0.5% to 0.4%, leading to a reduction in the fee by a third with the VAT benefits from the CAIF structure taken into account.As both an investment fund and registered charity, the move to the CAIF structure means the fund will now comply with both FCA and Charity Commission regulations.There will be no change to the investment process and the Fund will continue to be managed by Alison El-Araby and Malcolm Herring, who are supported by members of Barings’ Multi Asset Group.Malcolm Herring, Head of Charities in the Multi-Asset Group at Barings, and co-manager of the Fund said:“This change demonstrates Barings’ continued commitment to the Fund, bringing it up to date with the modern approved regulatory structure. The new structure and lowering of the Annual Management Charge make the fund a more competitive and compelling offer to our charity clients.”The Fund achieved a return of 13.7% (net of fees) in 2019. Since inception over a decade ago, the Fund has delivered a return of 7.0% per annum (net of fees). It targets income and capital returns that, after fees, exceed the Consumer Price Index (CPI) by at least 3% per year when measured over a full cycle of typically five to 10 years. This includes income exceeding the CPI by 1% per year.The Fund is constructed with asset allocation at the fore, with the portfolio comprising stocks and bonds from a range of companies, geographies and sectors. Environmental, Social and Governance (ESG) factors are incorporated throughout the investment process, at the overall asset class level and with individual investments. The Fund incorporates ethical considerations and does not invest directly in tobacco stocks.Alison El-Araby, Investment Manager in the Multi-Asset Group at Barings and co-manager of the Fund, added: Advertisementlast_img read more

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Reporters Without Borders demands news of vanished journalist

first_img LiberiaAfrica The three are being held in a secret place without formal charges in violation of article 21 of the Constitution, which says anyone arrested must be brought before a court and charged within 48 hours.Reporters Without Borders’ renewed concern is prompted by the disappearance of his common-law wife and mother of his two children, Maria Nyenetue, who left Monrovia on 20 August to try to see him after apparently receiving word from him that he was Klay, 50 km northwest of Monrovia, and needed some money. She set off after declining to give the money to the person who brought the message.Bility’s newspaper is very critical of President Taylor. Soon after the journalist’s arrest, information minister Reginald Goodridge said he had been a “central figure” among “those who have been running cells in Monrovia actively collaborating with the LURD (Liberians United for Reconciliation and Democracy) and their supporters in the United States” with the aim of assassinating President Taylor. A LURD spokesman denied this.In July and August, the authorities refused to present Bility and the two others in court as demanded by several human rights organisations and despite a habeas corpus order by Liberia’s supreme military court. Follow the news on Liberia Reporters Without Borders is extremely concerned about the fate of Hassan Bility, editor of a privately-owned weekly paper. The organisation calls on the government to respect the Constitution and bring the journalist before a judge. News LiberiaAfrica November 27, 2020 Find out more Reports News The 2020 pandemic has challenged press freedom in Africa December 16, 2020 Find out more RSF_en center_img Organisation Receive email alerts to go further Help by sharing this information September 4, 2002 – Updated on January 20, 2016 Reporters Without Borders demands news of vanished journalist RSF urges Liberian authorities to investigate threats against journalists Reporters Without Borders today expressed its “extreme concern” about the fate of Hassan Bility (photo), editor of the privately-owned weekly paper The Analyst accused by the Liberian government of plotting with rebel forces to kill President Charles Taylor.The organisation strongly criticised the government’s attitude and called on it to respect the Constitution and bring the journalist before a judge. Despite numerous requests since his arrest on 24 June along with two other people, he has not appeared in court and the government has not kept its promise to allow a Red Cross representative to see him. News Covid-19 emergency laws spell disaster for press freedom June 12, 2020 Find out morelast_img read more

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US – #WeeklyAddress: December 10 – December 16: Newsrooms across the US receive hoax bomb threats

first_imgReporter sentenced to 3 months of “non-reported supervision” after October arrest Reporters kicked off floor during closed-door Mueller hearing Receive email alerts For the latest updates, follow RSF on twitter @RSF_en. TIMOTHY A. CLARY / AFP United StatesAmericas Help by sharing this information United StatesAmericas News President Trump hurls insults at press on Twitter, suggests NBC could be sued RSF_en June 7, 2021 Find out more Follow the news on United States Kentucky Governor Matt Bevin posted a video and series of tweets on December 12 attacking the Louisville Courier-Journal for participating in what will be a year-long project with ProPublica to investigate the state’s government program, a partnership that was announced earlier that day. Bevin began his tirade by calling into question the objectivity and credibility of the “dying” Courier-Journal, Kentucky’s largest newspaper, before railing against “left-wing” ProPublica and making pointed statements about its founders, alleging the media outlet is supported by “George ‘I Hate America’ Soros,” whose organization, Open Society Foundation, funds less than two percent of ProPublica’s operations. Soros, a common target of attacks that rely on anti-Semitic tropes, is just one of ProPublica’s 34,000 donors. The governor, who has clashed with reporters before, also calls the Courier-Journal a “sock puppet” for people “who hate America and undermine, day in and day out, the values that we in Kentucky actually hold dear,” and urges viewers to “just disregard the nonsense that comes out of this biased left-wing organization.” Both news organizations have responded to Bevin’s outburst, in a Courier-Journal editorial and through a series of tweets from ProPublica. Organisation Freelance journalist Zachary Siegel was sentenced on December 14 to three months of “non-reported supervision” for breaking a court decorum order that prohibited most reporters from recording a trial. His sentencing means that in the event that he commits another crime Siegel will remain under this court’s jurisdiction, but he won’t need to regularly report to a probation officer and he is allowed to travel and leave the state. Siegel was arrested and held in contempt of court for recording part of a high-profile murder trial on October 2, a violation of the court’s decorum order that only allowed a defined media pool to record the proceedings. Siegel’s attorney filed a motion on October 30 to reconsider the criminal contempt order, arguing that because his client had never before covered a court proceeding he was unfamiliar with the media pool practices for covering trials. This motion was denied on December 14, and Siegel told the US Press Freedom Tracker the judge was adamant that he had been attempting to get a “scoop” when he recorded the trial. “If a deputy merely told me to turn off my recorder, which was in plain sight, I would’ve done it,” Siegel told the Press Freedom Tracker. “None of this needed to happen.” President Donald Trump tweeted throughout the weekend about the press’ allegedly “dishonest” and “unfair” news coverage, targeting NBC News by name. “Never in the history of our Country has the ‘press’ been more dishonest than it is today,” President Trump tweeted on the morning of December 15. A day later he tweeted that the “REAL scandal” is the “one sided coverage…of networks like NBC,” and suggested that this coverage should be tested for legality in court. The president also referred to Saturday Night Live in his December 16 tweet, calling it a “Democratic spin machine,” the morning after the show had aired a sketch that imagined a world without Trump as president. Kentucky governor launches tirade against Louisville newspaper partnering with ProPublicacenter_img News Report reveals Russian company’s impersonation of US media outlets during and after 2016 presidential election Newsrooms across United States receive hoax bomb threats Multiple newspapers received emailed bomb threats on December 13, prompting some offices to evacuate and police to sweep the newsrooms. The emails, which authorities deemed to be a hoax, were also sent to government buildings, universities, apartment buildings and businesses in dozens of cities throughout the United States. The Raleigh News & Observer in Raleigh, North Carolina, received the email on Thursday afternoon, and though the newspaper’s publisher said the threat “did not appear to be legitimate,” the entire 17-story office building that houses the paper evacuated. According to CNN, the Charlotte News & Observer also received an emailed threat. The Park Record newspaper in Park City, Utah, evacuated that same afternoon after receiving the hoax bomb threat. The emails were vague and did not mention the newspapers by name, and it is unclear if they were all connected. While CNN reporting did not disclose the name of the sender, the Raleigh News & Observer editor said the email was sent from somewhere in Russia. More than a dozen reporters who had been staked out in the hall next to a sealed federal appeals courtroom where Special Counsel Robert Mueller appeared to be locked in a mysterious subpoena battle on December 14 were kicked off the floor, which officials at the courthouse had shut down to the public as well. The reporters, who had been anxious to catch a glimpse of attorneys for Mueller and the unknown appellant in this mystery case, relocated to other stakeout locations in the Washington courthouse, though they received few details of what occurred during oral arguments that took place in the courtroom. Politico first reported in October that a witness had dragged Mueller and his team—which is at the head of the investigation into whether the Trump campaign coordinated with Russians to interfere in the 2016 presidential election—into court to battle a subpoena. News News to go further April 28, 2021 Find out more A Senate Intelligence Committee report on Russia’s endeavor to help elect President Donald Trump in 2016 found that the Internet Research Agency, a Russian company that has been behind efforts to manipulate American voters, had impersonated news outlets on social networks in an attempt to sow distrust in American media, CNN reported on December 16. The report shows 44 Twitter accounts with more than 600,000 followers posing as “US-related” media outlets, many of which were made to look like local news outlets. The researchers that compiled the report on behalf of the Senate Intelligence Committee found that the Russians consistently “attempted to erode trust in mainstream media,” according to CNN. The impersonation of US media outlets is similar to the tactic the Internet Research Agency used when it set up phony websites targeting groups like “Black Lives Matter.” Below are the most notable incidents regarding threats to press freedom in the US during the week of December 3 – December 9: June 3, 2021 Find out more The United States ranks 45th out of 180 countries in RSF’s 2018 World Press Freedom Index after falling 2 places in the last year NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say WhatsApp blocks accounts of at least seven Gaza Strip journalists December 17, 2018 US – #WeeklyAddress: December 10 – December 16: Newsrooms across the US receive hoax bomb threats Facebook’s Oversight Board is just a stopgap, regulation urgently needed, RSF sayslast_img read more