Brunel LGPS pool awards State Street $38bn custody mandate

first_imgDawn Turner, CEO at the BPP, said the partnership had already identified with State Street “areas where we can work strategically together to increase our value add to our clients including client reporting, risk management and transparency”.“The partnership we will have on integrating ESG reporting into State Street systems is very exciting,” she added. Turner was previously chief pensions officer at the Environment Agency Pension Fund (EAPF), one of the BPP’s founders and a vocal advocate of ESG investing.Andy Todd, head of UK pensions and banks, asset owner solutions at State Street, said: “We look forward to combining Brunel’s market-leading ESG expertise with our own suite of data innovation technologies to embed ESG in the investment decision-making process.” The BPP has also made nine appointments to its Bristol-based internal team as it prepares to take on assets.Matthew Trebilcock, currently head of pensions at the £1.7bn Cornwall Pension Fund, will transfer to the BPP next month to become a client relationship director. Faith Ward will join as chief responsible investment officer in November, transferring from the EAPF where she currently holds the same role. David Anthony will join in December as head of finance and corporate services. He is currently head of pensions at the £2bn Wiltshire Pension Fund.Another six staff from the Environment Agency, Cornwall, Wiltshire and Avon LGPS funds will also transfer to roles at the BPP in the next few months along with a number of external hires, the partnership said.In a statement, the BPP said its compliance and risk department was “fully populated” following the appointments, but it was still hiring for its investment, client relationships and operations teams, with the priority being a head of private markets. The Brunel Pension Partnership (BPP) has awarded a multi-service mandate to State Street worth $38bn (€32bn) as it presses ahead with its asset pooling project.The partnership, between 10 local government pension schemes (LGPS) in the south and west of England, has also appointed three senior staff from its founder funds.State Street is to provide a range of services to the BPP, including custody, accounting, performance measurement and foreign exchange, as well as analysis of environmental, social and governance (ESG) factors.It will also become the custodian and administrator for each of Brunel’s 10 LGPS clients from November this year. The funds are due to begin transitioning assets to the BPP from April next year, with the partnership aiming to manage the majority of their £23bn of combined assets.last_img read more

Meet Boeheim’s Army: Ryan Blackwell

first_imgA group of former Syracuse men’s basketball players will get together for a chance at $2 million in the 2016 edition of The Basketball Tournament starting this Saturday. The team is fittingly named Boeheim’s Army, composed of former Purdue guard Willie Deane and nine former Orange that span a decade of SU head coach Jim Boeheim’s tenure. Last year the squad bowed out in the Elite Eight against eventual champions City of Gods. This year, second-seeded Boeheim’s Army faces No. 15 seed Basketball City NYC at 7:30 p.m. on Saturday at Philadelphia University to begin its quest toward the cash prize. Follow along all week as we introduce you to the team’s players and coach ahead of the matchup.Ryan BlackwellComing off his first season as head coach of nearby Liverpool High School, Blackwell replaces Lawrence Moten as Boeheim’s Army head coach this summer. Liverpool posted an 18-5 record this past season, finishing 30th in the final Class AA rankings in New York.As a player, Blackwell scored 11.8 points and tallied 7.8 rebounds over his career for Syracuse, a three-year tenure after he transferred from Illinois after his freshman season. He started each of his three seasons playing under Boeheim and went on to play professionally in Japan, England, France, Portugal and Uruguay.At 39 years old, Blackwell may not be ripe enough to suit it up for Boeheim’s Army this summer, but his coaching expertise will come in handy as he replaces SU’s all-time leading scorer on the end of the bench in the tournament.AdvertisementThis is placeholder text Meet Boeheim’s Army: Darryl WatkinsWillie DeaneEric DevendorfRick JacksonTerrence RobertsBaye Moussa KeitaDonte Greene Comments Facebook Twitter Google+,Meet Boeheim’s Army: Darryl WatkinsWillie DeaneEric DevendorfRick JacksonTerrence RobertsBaye Moussa KeitaDonte Greene Published on July 15, 2016 at 12:11 am Contact Matt: [email protected] | @matt_schneidmanlast_img read more

Edin Cocalić: The Israelies are not in Shape Lately, I Expect Us to Win

first_img(Source: Yesterday, Edin Cocalić joined the Dragons who arrived to the gathering of the national team in preparation for the upcoming qualifying match against Israel on June 12th in Zenica.“The expectations are that we are to win. The result of the first match with Israel is not realistic”, Cocalić said.He pointed out he hopes for a good result at Bilino Polje.“They have not been in shape recently, but if they are allowed, they can be extremely dangerous. We will not allow them”, said Cocalić and stressed that he is ready to help the national team.last_img

The Navesink River Is Getting Cleaner, Say Advocates

first_imgBy Gretchen C. Van Benthuysen About 50 people attended Rally for the Navesink’s first public meeting of 2019 at Rumson’s Bingham Hall. Clean Ocean Action (COA) launched Rally for the Navesink in 2016 after 565 acres of the river was downgraded and condemned for shellfishing due to pathogen pollution caused by fecal contaminations. Protection of the Shrewsbury River is also part of its mission. For instance, in Red Bank four sources of human waste were found and fixed, with a fifth under further investigation. In Fair Haven a severed sewer main was found and fixed and another damaged pipe proved to be the source of bacteria in Fourth Creek. Rain gardens are planned in Red Bank and Fair Haven to reduce stormwater runoff. Swarna Muthukrishnan, a COA staff scientist, spoke about the collaborative effort to find and fix sources of pollution that includes 26 local organizations, citizen volunteers, the New Jersey Department of Environmental Protection (NJDEP) and poop-sniffing dogs from Environmental Canine Services (ECS), based in Maine. “COA has collaborated with NJDEP to conduct innovative human fecal source track down screening tests in these waters using scent-trained canines,” Muthukrishnan said. “COA is also the field coordinator for the COA-DEP ambient bacteria source track down and monitoring from about 20 ‘hot spot’ locations of concern throughout the watershed to fix these sources.” The organization also has developed education programs for grades K-12 and a “First Five” program – the first five actions that individual towns, businesses, schools and citizens should do to improve the water quality of the Navesink. The organization’s next scheduled public meetings are 7 p.m. March 28, May 30, July 25 and Sept. 26 at Bingham Hall, Rumson. For more information see the Facebook page or call 732-872-0111. Allison Meyerhoff, marketing and communications coordinator for Clean Ocean Action in Highlands, said, “It’s about find it, fix it, no blame.” The Navesink River water quality has improved so much it is on track to meet or exceed its 2020 restoration goal, according to Rally for the Navesink, a project of Clean Ocean Action.last_img read more