Institutional tenders $200m Asian ex Japan equity mandate using IPE-Quest

first_imgTo tender, managers should have a minimum $2bn is assets under management for the mandate and a minimum of $5bn for the firm itself.Managers should also have a minimum track record of three years, preferably 10.Interested parties should supply performance data, gross of fees, to the end of 2013.The closing date for applications is 14 February.Meanwhile, in another search (QN1385), an undisclosed public sector pension fund in Switzerland tendered a CHF50m-75m (€41m-61m) global convertible bonds mandate.The investor requests an active strategy with a high gamma focus using the UBS Convertibles Global Focus as a benchmark.The manager should have a minimum of CHF1bn of AUM in convertibles, with a minimum fund AUM of CHF150m.Managers should have a minimum five-year track record, and performance data should be supplied, net of fees, to the end of 2013.The closing date for applications is 2 February. An undisclosed institutional investors has tendered a $200m (€146m) large-cap Asian ex Japan equity mandate using IPE-Quest.In search QN1384, the investor said it was looking for an active investment strategy and that it was agnostic towards style biases.It said strategies should not be quantitative driven and should explicitly focus on Asia ex Japan. Asia Pacific strategies will not qualify.The mandate requests the manager employ the MSCI AC Asia ex Japan index as a benchmark.last_img read more

Notice of order for Leiv Eiriksson rig following safety audit

first_imgNorwegian offshore safety body, the Petroleum Safety Authority (PSA), has given a notice of order to Ocean Rig regarding the working environment and emergency preparedness on the Leiv Eiriksson rig.Ocean Rig’s Leiv Eiriksson semi-sub / Image by Lundin PetroleumThe PSA said on Thursday that the notice of order was given to Ocean Rig following an audit, conducted from December 6-13, of the management of the working environment and emergency preparedness, the helideck, and the working environment on the Leiv Eiriksson rig.To remind, Ocean Rig was taken over by Transocean following a $2.7 billion acquisition deal in December 2018.The safety body added on Thursday that it identified extensive breaches of regulations and that it issued Ocean Rig with a notification of order.The audit showed that Ocean Rig exercised defective systematic management of the working environment and emergency preparedness for the Leiv Eiriksson semi-submersible drilling rig.Also, findings and deficiencies from a previous audit of emergency preparedness regarding the helideck and the working environment were not fully followed up or rectified. Notice of orderThe audit identified nine regulatory non-conformities linked to oversight and control of working environment risk; prioritization, implementation and follow-up of measures; noise exposure harmful to hearing; and follow-up of the working environment for contractors.The other non-conformities included system for training and competence, evacuation routes, float-free function for forward rafts, lighting in lifeboats, and personal protective equipment (MOB suits).PSA also said that the Norwegian Civil Aviation Authority identified a number of non-conformities and remarks concerning the helideck. The findings mainly related to obstacle conditions, the view from the helideck control station to the helideck, and training of the helideck crew.Based on the observations during the audit, Ocean Rig was given a notice of order. According to the notification, Ocean Rig is ordered to review the company’s management system for the working environment and emergency preparedness and associated work processes, which is intended to safeguard competence, surveys, risk assessments, rectification of faults and deficiencies, and improvements.The work should include an analysis of why defects related to management of the working environment and emergency preparedness were not identified and corrected.A time-delimited schedule for complying with the order shall be sent to the PSA by April 12, 2019. The schedule should describe how this work would be performed and followed up and when the order would be complied with.The PSA added that it must be notified when the order is carried out.last_img read more

‘Schitt’s Creek’: How to binge watch before Tuesday’s series finale

first_imgSEASONNO. OF EPISODESEPISODE LENGTHSTOTAL TIME11321 minutes each4 hours, 33 minutes21321 minutes each4 hours, 33 minutes31321 minutes each4 hours, 33 minutes41321-25 minutes each4 hours, 43 minutes51421 minutes each4 hours, 55 minutes613 (plus finale)30 minutes each*6 hours, 30 minutes* Each episode time based on a half-hour production, including commercials; time may fluctuate in on-demand.When is the ‘Schitt’s Creek’ series finale?You may be wondering: What happens now that “things are certainly racing at a dangerously rapid velocity”?Tune in to the finale, of course. The show will come to a close on Tuesday, April 7, beginning at 8 p.m. ET. It can be seen on CBC in Canada and Pop TV, Comedy Central and Logo in the United States. Before you “plan on popping a pill, crying a bit and falling asleep” after the finale, there will be a behind-the-scenes hourlong documentary special (in the United States, it will only be on Pop TV). Top 15 sports movies to watch on Netflix, Prime Video and Disney+ in Canada”Schitt’s Creek,” the brainchild of the father-son team of Eugene and Dan Levy (who play Johnny and David Rose), is a Canadian comedy about the uber-rich Rose family’s fall from — and, possibly by the end, rise to — grace. Now, before you say, “That doesn’t sound even remotely correct,” why, yes, ’tis possible to binge watch “Schitt’s Creek” before the series finale.Here’s a quick guide to everything you need to know to watch “with the vigour of a wartime radio operator.” Oh, and for good measure, “I am 87 percent behind you.”What exactly is the premise of ‘Schitt’s Creek’?The Rose family — video store magnate Johnny, washed-up soap actress Moira and their two adult children, Alexis and David — end up in Schitt’s Creek (located somewhere in the United States) after they lose all their money and are forced to move to the town Johnny bought as a joke for David years ago. With no money, they stay in a small, rundown motel. Over the course of six seasons, the show takes us through the ups and downs of the Roses as they make their way through their new lives.Where does one watch ‘Schitt’s Creek’ before the finale?Pull up a chair, pop some jampagne and start on Netflix in both the U.S. and Canada for the first five seasons. To watch Episodes 1-13 of Season 6, flip the switch and head over to on-demand.The homes for this Emmy-nominated and Canadian Screen Award-winning comedy are CBC in Canada and Pop TV in the United States.How long will it take to view all 80 episodes of ‘Schitt’s Creek’?Now, I know what you’re thinking: 80 episodes. I cannot accomplish this feat, “I’m positively bedeviled with meetings, et cetera.”Well, you’ll have 72-plus hours to watch approximately 30 hours of television. Below is a quick breakdown of how long it’ll take to watch each episode and season. So buckle up and remember, “One must champion oneself and say, ‘I am ready for this.'” “I’m feeling this, like, deep aching sense of dread.” Why? Because on Tuesday evening, we, sadly, will bid adieu to the Roses. If you don’t know who David, Alexis, Moira and Johnny Rose are, well: Shame. On. You.last_img read more