OPF’s in-house team adds 2.7 points to global equity returns

first_imgThe municipal pension fund for Norway’s capital region, Oslo Pensjonsforsikring (OPF), has thanked its active management for the overall returns it posted for 2019, saying its global equities portfolio beat its benchmark by 2.67% a year since OPF started managing the sub-fund internally in 2017.In its fourth quarter financial report, OPF – Norway’s largest independent municipal pension fund – reported a 10.3% overall return on investments for the whole of 2019, up from 2% the year before.Åmund Lunde, the pension provider’s chief executive officer, said: “The excess return from our internally-managed equity portfolio alone has given our customers NOK615m (€61m) more than if the money had been invested in an index fund.”OPF attributed these excess returns largely to the fund’s “solid” active management and long-term investment strategy, and said the 10.3% investment return equated to NOK8.7bn in financial income. The pension fund reported a pre-tax consolidated profit of NOK1bn in 2019, compared with NOK791m the year before, which, it said, was due to strong non-life insurance results and revenue generated from the group’s capital.Total assets grew to NOK104.6bn at the end of 2019 from NOK95.2bn a year before.OPF caters for a number of Oslo’s municipal companies and organisations including public transport operators Sporveien and Ruter, the city’s University Hospital and the Oslo New Theatre.last_img read more

7 meaningful touches your husband is waiting for

first_img Share Share 249 Views   no discussions Share Tweetcenter_img LifestyleRelationships 7 meaningful touches your husband is waiting for by: familyshare.com – May 11, 2015 Sharing is caring! The human touch has incredible potential. The hand is a point of contact that has benefits — physiologically, emotionally, and even spiritually.

Maybe it’s a good time to remind wives how meaningful their touch is to their husbands. Sometimes wives can allow a distance in their relationship with their husband because of his rough exterior or his lack of emotion.I hope to encourage you to reach for your husband and let him know how much he means to you. Sharing your soft touch with him will certainly soften up his demeanor. Here are seven meaningful touches your husband is waiting for:

When he is working around the house, bringing him a beverage is a huge sign that you notice his efforts to make your home a place to enjoy. Reaching for him at this time is huge in showing him your gratitude. It will prompt him to do much more, more often.Slipping a handwritten note into his briefcase or laying it on the console of his truck will cause him to think about you during the day. He’ll work hard, but he will also hurry home.I know this one may cause you to cringe, but at least consider it: massage his feet. It would be the modern equivalent of a foot washing. It is humbling, and possibly pretty gross. However, it would be an incredible touch of kindness and expression of love.Obviously your husband doesn’t want flowers, but a ticket to his favorite game would be an awesome touch.Plan your day and save some energy for your husband. Approach him for intimacy. Don’t always make him be the pursuer.Reach for him at random times. While watching television, walking, or at a restaurant. A public display of affection initiated by you is admirable. It shows a level of respect and honor that is rarely demonstrated in modern culture.Rub his shoulders. Most men hold their stress in their neck and shoulder areas. Your touch will release the heavy burden he is carrying.last_img read more