Boots Pension Scheme backs Legal & General multi-factor fund

first_img“Factor-based investing is growing in popularity as it can be used to meet different investment objectives in a cost-efficient manner,” he said.The fund was developed in partnership with Scientific Beta, the provider of factor-based indices established by EDHEC-Risk Institute. The fund uses Scientific Beta’s recently launched High Factor Exposure indices as “building blocks” for the portfolio.LGIM said it customised these building blocks to target a balanced factor exposure while enhancing diversification and reducing risk by controlling region and currency exposures.The fund is run by multi-asset fund manager Andrzej Pioch alongside LGIM’s broader asset allocation team, which is responsible for more than £37bn.LGIM manages £35bn in factor-based strategies and alternatively weighted indices. Last November, the fund manager launched the L&G Future World Fund in collaboration with the HSBC Bank UK Pension Scheme.The multi-factor global equities index fund that incorporates a climate “tilt” to address the investment risks associated with climate change.The fund was picked as HSBC Bank UK Pension Scheme’s equity default option within its defined contribution scheme. Legal & General Investment Management (LGIM) has launched a multi-factor global equity fund with initial investment from the £7.2bn (€8.1bn) Boots Pension Scheme.The LGIM Diversified Multi-Factor Equity Fund invests in a diversified portfolio of global equities based on smart beta factors, and is a pooled vehicle aimed primarily at UK institutional clients.The group said the fund aimed to reduce risk relative to the global equity market by diversifying more effectively across regions and reducing stock-specific concentration.Adam Willis, head of index and multi-asset distribution at LGIM, said investors were increasingly looking for alternatives to traditional market-cap and multi-asset products.last_img read more

Petalcorin stopped in 7th by Alvarado in world title fight

first_imgMOST READ Don’t miss out on the latest news and information. Petalcorin’s moments were few far and between. His best round came in the third when he briefly used the ring to his advantage and stayed out of harm’s way with his movement. He landed a clean straight to Alvarado’s face before pivoting to his right and avoiding a possible counter punch.But Petalcorin went back to being an easy target for Alvarado for the remainder of the fight.Alvarado (34-2, 30 KOs) rolled to his 16th consecutive victory and stopped Petalcorin’s six-fight win streak. Petalcorin, suffered his third loss to go with his 29 wins (22 KOs) and one draw.Alvarado just relentless from the opening bell. Here’s the last 10 seconds of the bout. pic.twitter.com/Ui2l7TvrSV— MG (@MarkGiongcoINQ) October 29, 2018ADVERTISEMENT Alvarado knocked Petalcorin down thrice before the referee stopped the fight at the 2:04 mark of the seventh round.“I’m very happy to win the world title. Randy is a good boxer and the tactic was to pressure him all the time,” Alvarado said through an interpreter.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissThat constant pressure kept Petalcorin busy and often times saw the General Santos native either pinned against the ropes or trapped in the corner and taking heavy punishment from Alvarado, who showed little respect for his foe’s punching power.The 26-year-old Petalcorin played Alvarado’s game as he went toe-to-toe with the Nicaraguan slugger, whose known for his come-forward style. Magramo stops Thai foe in 3rd, retains WBO oriental flyweight title SEA Games 2019: PH’s Carlo Paalam boxing light flyweight semi final (HIGHLIGHTS) PLAY LIST 03:13SEA Games 2019: PH’s Carlo Paalam boxing light flyweight semi final (HIGHLIGHTS)02:51SEA Games 2019: PH’s Josie Gabuco boxing light flyweight semi final (HIGHLIGHTS)02:39PH’s Josie Gabuco boxing light flyweight final (HIGHLIGHTS)02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Photo by Mark Giongco/INQUIRER.netFilipino Randy Petalcorin failed to become the latest Filipino world champion after he was stopped by Felix Alvarado for the vacant IBF light flyweight crown on Monday at Midas Hotel and Casino in Pasay City.Alvarado was relentless from the opening bell, landing punches from all angles, particularly crushing body shots that took their toll on Petalcorin in the seventh round.ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew View comments Allen Durham still determined to help Meralco win 1st PBA title Sports Related Videospowered by AdSparcRead Next Tim Cone, Ginebra set their sights on elusive All-Filipino crown LATEST STORIES Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Japeth Aguilar embraces role, gets rewarded with Finals MVP plum Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Nadine Lustre’s phone stolen in Brazil Gov’t to employ 6,000 displaced by Taallast_img read more

Cajon advances in Division II-AA

first_img DIVISION II-AA Chaffey 56, Senior Zach Von Pertz scored 13 points and grabbed 11 rebounds as the Rebels (18-10) upset the host Warriors in first-round play. DIVISION II-A San Dimas 49, San Luis Obispo 40 Saints standout Jon Joe scored 18 points, but they couldn’t shake their opponent until the final minute. San Dimas (19-9) will play either Corona Centennial or Saddleback in Tuesday’s second round. DIVISION III-A Serrano 76, La Puente Nogales 54 Forward Durrell Norman had 20 points, 12 rebounds and four blocks to lead the top-seeded Diamondbacks (25-3) to a home victory over the Nobles. Serrano hosts Hemet West Valley on Tuesday. DIVISION IV-A Sherman Oaks Buckley 75, Big Bear 64 Richie Polan scored 30 points as Sherman Oaks Buckley defeated visiting Big Bear. DIVISION IV-AA Ontario Christian 55, Newport Beach Sage Hill 38 Justus Jones scored 23 points and 13 rebounds to lead the Knights (21-5) to the second round with a victory over the Lightning (14-13). Bloomington 56, Aquinas 53 Alex Martin scored 23 points to advance Bloomington (12-15) to the second round. Niko Walters scored 27 for the Falcons. DIVISION V-A Bishop Union 66, Packinghouse Christian 62 Senior forward Spencer Hirsch scored 26 points, but it wasn’t enough as the host Bears (13-10) lost in the second round. GIRLS DIVISION II-A Ayala 86, Anaheim Katella 22 Rebecca Gardner had 24 points and eight rebounds and Jasmine Holliday had 20 points and 11 rebounds as the top-seeded Bulldogs (25-3) advanced to the second round. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Martin Thompson’s game-winning layup with 28 seconds to play lifted Cajon over Saugus 57-56 in a CIF-Southern Section Division II-AA boys basketball game Friday night. Marquis Green led the Cowboys (18-9) with 17 points. Kevin Hughley had 12 points and 12 rebounds. center_img Vista Murrieta 49 Davie Champagnie and Mauricio Aldaba each scored 17 points to pace the Tigers (18-6) past the Broncos. Chaffey faces top-seeded Pasadena on Tuesday. Burbank Burroughs 74, Diamond Ranch 61 Sophomore Chris Cunningham scored 21 points and grabbed 12 rebounds as the Miramonte League champions ended their season Friday at the hands of the Indians. Miller 57, Fullerton Troy 52 last_img read more