Tag «宁波鼓楼很多鸡»

Short-termist investment ‘yesterday’s game’ – Tomorrow’s Company

first_img“They are the guardians of workers’ capital, a phrase that rightly highlights the nature of the assets under their stewardship,” she said.Mervyn E King, a former South African Supreme Court judge and chairman of the eponymous King Committee on Corporate Governance, said trustees needed to weigh up a number of factors before committing to investments.He said short-termist investment should be considered “yesterday’s game”.“Does the company have a supply-chain code of conduct, and is it being monitored?” he asked. “Factors other than purely financial ones have to be included in the trustee’s investment analysis.”The report provides trustee boards with a range of resources to take to their asset managers, and other suppliers, to ensure long-term value is achieved.It also recommends trustee boards be given ‘comply or explain’ requirements on the mandates they set with regard to long-term value.Speaking before the event, chief executive of Tomorrow’s Company, Tony Manwaring, told IPE the motive for the report was to address the incorrect presumption by many that trustees find long-term investing complex.In the report, he called for trustees to ensure that the concepts in Tomorrow’s Value are embedded and reflected in their mandates.The report also said trustees needed to balance both short and long-term considerations, with all investments being affordable and providing payment certainty.Trustees should also be good stewards and support companies that create long-term value, while avoiding the ‘picking winners’ mentality, it added.The report called for a new, and integrated, view of value, which is intergenerational, accounts for ESG and is both financial and non-financial.“The short-term economic view of value, sustainability, and a responsible approach to investment all too often sit in a separate universe,” it said.It also advised trustees on how to improve their investment chain and remove the systemic pressures they face from suppliers in focusing on short-termism.The guide will provide trustees with a template letter for boards to engage with their investment suppliers, regarding moving towards more long-term value investing.In addition, it gives trustees template agenda planning tools, allowing for meetings to be focused around long-term value investments.Fellow endorsees include Keith Ambachtsheer from the International Centre for Pension Management, Catherine Howarth from campaign group ShareAction and several leading academics.,WebsitesWe are not responsible for the content of external sitesLink to ‘Tomorrow’s Value’ report Tomorrow’s Company, a global think tank based in London, has published a report aimed at helping pension scheme trustees achieve long-term, and sustainable, value from their investments.The report, called ‘Tomorrow’s Value: Achieving long-term financial returns’, was launched yesterday evening and endorsed by leading figures from both the pensions and the wider financial world – including the UN-backed Principles for Responsible Investment (PRI).Fiona Reynolds, managing director of the PRI, said the report would offer trustees “practical guidance on how to best deliver long-term financial value”.She added that she hoped trustees would engage with the think tank’s work.last_img read more

Lady Bulldogs Sweep Lady Cards In The Battle Of Batesville

first_imgThe 7th Grade Lady Bulldogs traveled across town to beat St Louis 48-2 last night.  The Bulldogs shutout the Cardinals in the first half, and played team basketball on offense with nine girls scoring on the evening.Leading the way was  Emma Weiler, Megan Meyer, and Ava Hanson with 8 points each, followed by Makayla Granger with 7 points, Tiffany Hawker 6 points, Ashlee Cornn 4 points, Ella Wilhelm 4 points, Timbre Daives 2 points, and Jadyn Harrington 1 point. The Bulldogs improved to 5-1 on the season, and will look to protect their home floor tonight against Greendale at 5:30 pm.  Come out and support the Bulldogs.Courtesy of Bulldogs Coach Chris Weiler.The BMS 8th Grade Lady Bulldogs came out strong last night, and defeated the St. Louis Lady Cardinals by a score of 43-17 to improve their season record to 5 wins and only 1 loss.An aggressive defense and a balanced offense led by Breanna Wells, who also led all scorers, with 11. Other scoring for the Lady Bulldogs were Carley Pride with 10, Ashley Nobbe and Sarah Ripperger each scored 8, Gabby Elston added 4 and Calley Kaiser with 2.The Lady Cardinals were led by Emma Weberding with 8. Other scorers for the Lady Cardinals were Faith Tekulve with 3, and 2 points each from Ava Allen, Lilly Wonnell and Kate Voegele.Courtesy of Bulldogs Coach Jack Smith.last_img read more