ISIF’s Irish portfolio beats global fund on returns in H1

first_imgSince inception in 2014, the overall return was 2.3% at the end of June 2018, it reported.Rather than aiming solely for wealth creation, ISIF has a “double bottom line” objective, whereby it targets investment returns as well as economic impact.By the end of June 2018, ISIF reported a total of €3.8bn of committed capital, which it said had unlocked an additional €6.6bn from co-investors, leading to a total of €10.4bn in capital commitments.The ISIF welcomed the finalisation of its investment strategy review, which it said “takes account of the risks that may be posed by economic overheating and the appropriateness of ISIF’s investment mandate given our current economic performance”.The fund’s double bottom line mandate is not being changed in the review, but in the light of strong economic conditions, it is now to focus on priorities to support “Project Ireland 2040” — a national development plan unveiled in February.This new focus is directed at five key themes: housing, indigenous industry, regional development, Brexit, and climate change.ISIF’s total fund value was €8.7bn at the end of 2017. The Ireland Strategic Investment Fund (ISIF) suffered a 1.3% loss on its global portfolio of investments between January and June, while its Irish portfolio made a positive 2.7% return in the period, according to its update for the first half of the year. The sovereign development fund also detailed plans for a strategy rejig in the report, which will see the ISIF shifting its domestic focus to five key themes from now on, away from its hitherto general cross-sectoral approach to investment in Ireland.Overall, ISIF, which was born out of the former National Pensions Reserve Fund, made a 0.3% loss on investments in the first half of this year when returns from the global portfolio and Irish portfolio are combined.In the full year 2017, the fund made a 4.3% overall investment return, composed of a 4.1% gain on its global portfolio and 4.5% on the Irish portfolio. last_img read more

Serena Williams, back in the wins, aims to end long Slam record quest

first_img Loading… Promoted ContentWhich Country Is The Most Romantic In The World?8 Things That Will Happen If An Asteroid Hits Earth6 Most Breathtaking Bridges In The WorldThe Very Last Bitcoin Will Be Mined Around 2140. Read More40 Child Actors Who Turned Into Gorgeous AdultsWorld’s Most Delicious FoodsWho Is The Most Powerful Woman On Earth?Birds Enjoy Living In A Gallery Space Created For Them8 Things You Didn’t Know About CoffeeCouples Who Celebrated Their Union In A Unique, Unforgettable WayCan Playing Too Many Video Games Hurt Your Body?Everything You Need To Know About Asteroid Armageddon Read Also: Serena ends three-year title drought, hands winnings to bushfire appeal The 27-year-old Pliskova goes into Melbourne under the radar but the world number two beat American Madison Keys in the final to close the gap on Barty at the top of the rankings. However, she is yet to win a Grand Slam and her best appearance in a Major was back in 2016, when she lost the US Open final to Germany’s Angelique Kerber. There will be added interest in Denmark’s Caroline Wozniacki, the former world number one who finally broke her long Grand Slam duck in Melbourne two years ago, and who will retire after the tournament at the age of 29. FacebookTwitterWhatsAppEmail分享 Practice and qualifying have been disrupted by smoke from bushfiresWilliams has now won 73 WTA titles over four decades and although she is scaling back the number of tournaments she plays, there is no indication she plans to retire imminently. Williams’s latest Grand Slam final heartbreak came at the US Open, where she was stunned by Canadian teenager Bianca Andreescu. Williams – the highest-paid female athlete in the world last year with earnings close to US$30 million, according to Forbes – afterwards played down her bid for Court’s record. “I’m not necessarily chasing a record,” she said. “I’m just trying to win Grand Slams.” At least she will not encounter the 19-year-old Andreescu, who is out of the Australian Open with a knee injury. Serena Williams is ominously back to winning ways as she looks to finally complete her long quest for a record-equalling 24th Grand Slam title at the Australian Open. The American has been on the cusp of history since 2017, when she won her 23rd Major trophy in Melbourne, but after returning from giving birth has suffered straight-sets defeats in four Slam finals. Serena Williams broke a three-year title drought last week in Auckland The signs are good for the 38-year-old Williams, who broke a three-year title drought at last week’s Auckland Classic – a result that will not have gone unnoticed by her younger rivals. Australia’s world number one Ashleigh Barty and defending champion Naomi Osaka are among her genuine challengers, but pressure and expectation will also pose problems for Williams as she pursues the 24 Grand Slam titles won by the Australian Margaret Court between 1960 and 1973. “That was really important for me and I just want to build on it,” Williams, now ranked ninth in the world, said after triumphing in Auckland on Sunday. The former number one, who celebrated on court with daughter Olympia, donated her US$43,000 winner’s cheque to victims of the Australian bushfires. Practice and qualifying have been disrupted in Melbourne this week because of toxic air pollution from the deadly fires, but organisers are confident the tournament will proceed as planned. – Pressure on Barty – Of the challengers to Williams, Barty will also have to deal with great expectations from the Melbourne crowd. The 23-year-old Australian, who once took time off tennis to play professional cricket, won her maiden Major at Roland Garros last year. Australia’s Ashleigh Barty won Roland Garros last yearBut Barty has had a patchy start to the year after losing her season opener last week, going down in two sets in Brisbane to American qualifier Jennifer Brady. She dismissed afterwards the hype in Australia surrounding her. “It doesn’t change the way that I practise, it doesn’t change the way that my team and I prepare, it doesn’t change me as a person,” Barty said. Japan’s Osaka arrives for her title defence accompanied by her fourth coach in less than a year, Belgian Wim Fissette. The 22-year-old squandered match point in losing to Karolina Pliskova of the Czech Republic in the semi-finals in Brisbane on Saturday.last_img read more

Clippers happy to be in San Antonio after routing Spurs

first_imgSAN ANTONIO >> Doc Rivers didn’t even want to be here on Saturday.When the team got a look at the first draft of the NBA schedule and saw they’d be playing Saturday, Nov. 4 in San Antonio, Rivers and his staff had a single thought.Nope.His team was already scheduled to play four times earlier in the week, and the Clippers would have to face the Spurs on the road on the second half of a back-to-back? Nope. Newsroom GuidelinesNews TipsContact UsReport an Error “This is one of the games we actually tried to get changed,” he said prior to the game.Well, maybe he owes the NBA an apology.The Clippers turned in their best offensive performance of the season by a long shot, dominating the San Antonio Spurs 116-92.It’s the most lopsided win for the Clippers this season.Blake Griffin scored 26 of his 28 points in the first half, helping L.A. blow the Spurs out early with both teams playing on the second night of back-to-backs.center_img The Clippers quickly fell behind 8-0 in the game’s first few minutes, but that stretch was merely a wake-up call.“We played great after the first eight points,” Doc Rivers said.Griffin and the starters put together a devastating 28-4 run to blow the game open, and the Spurs never really challenged after that. And, it started with defensive energy.“We got stops … I think eight in a row and came down and scored. Then, it’s 16-8. For us, it starts on defense. We always say that, but it really does,” Griffin said. “We got out in transition, got some easy buckets, and once those easy ones go in, then it feels like you can’t miss.”The Clippers scored 73 first-half points, which according to ESPN Stats and Info, was the most scored by a visiting team during the Gregg Popovich era in San Antonio.“Blake was great, but their whole team beat us soundly, embarrassingly,” Popovich said. “They were terrific … They beat us very, very, very well.”While signs of fatigue briefly materialized in the second half for the Clippers, San Antonio’s star, Kawhi Leonard, couldn’t get anything going against Luc Mbah a Moute. Leonard finished with 14 points, while Mbah a Moute gave the Clippers 13 points to go along with his consistent defensive effort.“He did a great job,” DeAndre Jordan said. “Luc is one of our amazing perimeter defenders, our best perimeter defender. He does a lot of great things for us.”Most of the greatness Saturday came early, before San Antonio’s trip from Utah and the Clippers’ trip from Memphis started to show.The two teams combined to score 33 points in the third quarter, a stretch where Rivers said the fatigue clearly had set in.“It was just survival for us,” Rivers saidBut thanks to the improved Clippers bench, which got 31 combined points from Jamal Crawford and Marreese Speights, there wasn’t any fourth-quarter slippage. The Clippers’ starters sat the entire fourth quarter, with no one playing more than 30 minutes Saturday.“Listen, it was great to win. It’s always great to win here,” Rivers said. “But these games shouldn’t happen. You can literally see it with both teams … A national TV game with two elite teams should be with a day off, and (then) they play the game.“That’s the way you want it; that’s how we all want it.”last_img read more

Women’s World Cup 2019: The best social media reactions after USWNT wins back-to-back titles

first_imgMegan Rapinoe is cold-blooded.Her PK gives #USWNT a 1-0 lead.pic.twitter.com/MdL9gtmy0H— CBS Sports HQ (@CBSSportsHQ) July 7, 2019Speechless, @roselavelle🔥🌹🔥🌹🔥🌹 pic.twitter.com/m0qQnOCWpM— U.S. Soccer WNT (@USWNT) July 7, 2019With the team’s fourth World Cup win under its belt, here are some of the biggest reactions to the victory.*extreme DJ Khaled voice* ANOTHER ONE pic.twitter.com/5uOAImiJj5— U.S. Soccer WNT (@USWNT) July 7, 2019I said it before. I’ll say it again. BEST TEAM IN THE WORLD. Congrats @USWNTPlayers @USWNT This was an amazing match. 🇺🇸❤️ Well deserved. #AllEyesOnUS #PayThem pic.twitter.com/4PRD6Zp4NT— Jessica Chastain (@jes_chastain) July 7, 2019Congrats to this team! Well done @USWNT !!! https://t.co/O4wdPBY09U— Jozy Altidore (@JozyAltidore) July 7, 2019Awesome win for #USWNT! Congrats to #TeamUSA for securing its place at the top of the world! Your success proves how with clear vision, strong leadership, resolute drive and teamwork make the dream work. Enjoyed watching you score again for USA on Earth this time! pic.twitter.com/WCNwhzRLKK— Scott Kelly (@StationCDRKelly) July 7, 2019Come on!! The @USWNT won their 4th World Cup securing their championship w back-to-back #FIFAWomensWorldCup wins!! Thank you for being such an inspiration and for repping our country like the GOATS you are. Sipping tea for all of you today! ☕️ ⚽️ 🙌 https://t.co/fA8RDWpuUS— Olivia Munn (@oliviamunn) July 7, 2019The @nyliberty’s Tanisha Wright is HYPED UP for the @USWNT! #BossWomen 👏 pic.twitter.com/dOztlZOy48— WNBA (@WNBA) July 7, 2019Let’s goooo! Congratulations to the @USWNT on their second straight World Cup victory! 🇺🇸🏆 https://t.co/OgGk7O1YiT— Mo Bamba (@TheRealMoBamba) July 7, 2019YESSSSSSSSS!!! CONGRATULATIONS @USWNT !! What a great time to win this!! 🎉⚽️❤️🎉⚽️💙🎉 https://t.co/ICzEVZAzor— Angie Harmon (@Angie_Harmon) July 7, 2019Yes! Fourth star. Back to back. Congrats to the record breakers on the @USWNT, an incredible team that’s always pushing themselves—and the rest of us—to be even better. Love this team. #OneNationOneTeam— Barack Obama (@BarackObama) July 7, 2019⭐️⭐️⭐️⭐️Congrats to the @USWNT for winning their FOURTH #FIFAWWC! #OneNationOneTeam https://t.co/H6SGZV5Mqt— Chicago Blackhawks (@NHLBlackhawks) July 7, 2019Point made. Nothing else needs to be said. The @USWNT are #WorldcupChamps again! #puppyapproved pic.twitter.com/jSbxY7G9F2— Ron Rivera (@RiverboatRonHC) July 7, 2019Congratulations to 2019 Women’s World Cup Champions @TeamUSA! ⚽️🇺🇸— Melania Trump (@FLOTUS) July 7, 2019Back-to-back champs!Congratulations, @USWNT!#OneNationOneTeam https://t.co/oqngOvZAug— Houston Texans (@HoustonTexans) July 7, 2019Congratulations to our back-to-back World Cup Champions! You make America proud. 📷: @USWNT pic.twitter.com/2LxiCJ2srM— Kamala Harris (@KamalaHarris) July 7, 2019Incredibly inspiring World Cup by our @USWNT 👏🏻👏🏻👏🏻👏🏻👏🏻 so fun to watch 🇺🇸🇺🇸🇺🇸🇺🇸!!!! #FIFAWomensWorldCup #legacy #leadersonandoffthepitch #EqualPay— Aaron Rodgers (@AaronRodgers12) July 7, 2019YEEEESSS!! Congrats Jill Ellis!! WARRIORS @USWNT @mPinoe pic.twitter.com/8OZxCOa3x4— Leslie Jones 🦋 (@Lesdoggg) July 7, 2019Congratulations to the #USWNT on their 4th World Cup win! These athletes have brought more attention, support, & pride to women’s sport than perhaps any other team in history. It is long past time to pay them what they rightly deserve. 🇺🇸🏆🏆🏆🏆 #USAvNED #WorldCupfinal #EqualPay— Billie Jean King (@BillieJeanKing) July 7, 2019The #USWNT are the CHAMPS 🏆 and Kansas City CELEBRATES. @kctv5 pic.twitter.com/xB8kiZLVTM— Dani Welniak (@KCTVDani) July 7, 2019Congratulations @uswnt! Bringing home a #WorldCup title for an unprecedented four straight times & inspiring a generation of women (and men) around the world. One little girl in particular is currently outside practicing ⚽️ https://t.co/skoECBMg47 pic.twitter.com/bPDb5ig9s3— Alexis Ohanian Sr. 🚀 (@alexisohanian) July 7, 2019Nothing like that championship feeling.CONGRATS, @USWNT! #OneNationOneTeam https://t.co/hLCCK8l3mD— New England Patriots (@Patriots) July 7, 2019Big congrats to the @USWNT! World Cup champions! #WorldCupfinal— Matt Ryan (@M_Ryan02) July 7, 2019WORLD CHAMPS @USWNT— Eric Weddle (@weddlesbeard) July 7, 2019CONGRATS, @USWNT! 🇺🇸🏆 https://t.co/ChgltPRpY5— Chicago Bulls (@chicagobulls) July 7, 2019 It took a penalty kick to get things going, but the United States women’s national team got a second-half surge to defeat the Netherlands, 2-0, and earn their second Women’s World Cup title in a row, and fourth total.Megan Rapinoe’s penalty kick in the 61st minute kicked things off for the U.S., with Rose Lavelle’s shot in the 70th minute adding insurance to the team’s eventual win.last_img read more