AXA IM to invest in tech and data science capabilities

first_imgAXA Investment Managers is to scale up use of artificial intelligence (AI) technologies across its business as part of its restructuring programme announced in the summer.The French asset manager said it had already made “good progress” with implementing AI in some areas, “including enhancing data capabilities and ensuring cybersecurity processes remain robust”.In a statement published today, the company said it was making investments into digital services, data analytics and science capabilities in order to improve efficiency and “identify new sources of alpha”.The plans form part of a €100m investment programme and restructuring, announced in June. Hans Stoter – hired from NN Investment Partners earlier this year – has been appointed global head of core investments, overseeing AXA IM’s fixed income, active equities and multi-asset teams.AXA IM said: “This will foster synergies and innovation with a view to develop new offers aligned with evolving market and client needs. The investment process and philosophy of each underlying investment platform will remain unchanged.”Meanwhile, Francisco Arcilla has been appointed global head of institutional client group, having joined the company’s management board in June. He has taken on institutional distribution responsibilities from Christophe Coquema, who has left AXA IM “to pursue new opportunities”, the manager said.Bettina Ducat has been named global head of distribution client group, overseeing retail sales.Andrea Rossi, CEO of AXA Investment Managers, said: “By enhancing the client offering and experience, for example improving our customer journeys digitally, providing education where appropriate and creating simpler processes, we believe [we] can get closer to our clients and focus on providing them with what they need and in the format they want it. We look to the future with confidence and enthusiasm, building on our strengths as an active asset manager to continue our journey.”last_img read more

Spain strengthens support to CARICOM representation office in Haiti

first_img Sharing is caring! Share 52 Views   no discussions Share Flag of Spain. Image via: mapsofworld.comGEORGETOWN, Guyana — The government of Spain has strengthened its cooperation with the Caribbean Community (CARICOM) through a renewed commitment to support the operations of the CARICOM Representation Office in Haiti (CROH) and the work of the Community in Haiti. In a technical assistance agreement forged recently between CARICOM and the government of Spain, the Spanish government has given a commitment to sustain the CROH, under the CARICOM/Spain regional cooperation programme. This funding, directed through the Spanish government’s cooperation arm, the Spanish Agency for International Development Cooperation (AECID), will support the administrative operations and programme activities to undertaken by the CROH from October to December 2011. Since the re-establishment of the CROH in 2007, Spain has been a consistent development partner in assisting CARICOM in the development of institutional and human capacity in Haiti. The CROH functions as a key mechanism in Haiti’s integration into the CSME. Just as Haiti was about to make a significant step towards integration into the CSME, the 12 January 2010 earthquake struck with cataclysmic consequences, as its accession to the Single Market having been scheduled for that very month. In the destruction of the physical infrastructure, the country also lost many of its senior public servants, including those with responsibility for the implementation of the CSME. With Haiti’s capacity to manage the processes required for CSME readiness greatly diminished as a result of the earthquake, the Caribbean Community has intensified its efforts to maintain an active and meaningful presence in Haiti. Spain has played an integral role in this regard, supporting of the participation of Haitian officials in meetings of the Community, allowing the government to be represented in decision-making fora during that critical period that followed the earthquake. Since the January 2010 earthquake, the CARICOM Representation Office in Haiti has not only been called on to continue its work to facilitate Haiti’s readiness to function within the CSME, but also to function as a coordination hub for the Community’s contribution to the country’s recovery and reconstruction efforts.Caribbean News Nowcenter_img Share NewsRegional Spain strengthens support to CARICOM representation office in Haiti by: – October 11, 2011 Tweetlast_img read more

Chelsea legend names one player Lampard must sign this January

first_imgRead Also: Chelsea eye West Ham defender in £40m transfer swoop“He is quick, he is strong, he can still improve, he is still very young. Frank will improve him with Jody Morris, in his combination play, that can be better and improved.“But what you can’t teach a player is being somewhere at the right time, and he has that a lot.“Tammy has that as well, but at a big club you have to have a couple of strikers who are really good. You need competition.”FacebookTwitterWhatsAppEmail分享 Chelsea have already had a £35million bid rejected by Lyon for 23-year-old Dembele, with the Ligue 1 club even releasing a statement to say the forward will not be sold.But ex-Blue Hasselbaink – who faced Dembele as QPR boss when the striker was at Fulham – believes the Frenchman is the perfect signing to rival Abraham.He told The Mail: “Chelsea need to make new signings because you have to keep the rhythm going and just to get some kind of new blood coming through the door.“It is always good when you make a signing. It gives everybody new energy. Obviously Tammy Abraham is doing really well but he is the only one really who is doing really well.“Batshuayi is not making a difference. Giroud, I think, he does not really fit in with their plans.“They need to get a striker in. Moussa Dembele would be a magnificent signing for Chelsea.“I know Moussa quite well. I faced him when I was QPR manager, he played ever so well and killed my defence.”Hasselbaink reckons two-time Scottish Premiership winner Dembele has the experience of competing for trophies and importantly knows the London environment after his three years with Fulham.He added: “He has developed himself extremely well. He went to Celtic and played at a big club where the atmosphere and the pressure is there of winning. You have to win every match.“Having already tasted that and gone through that pressure, and if Chelsea buy him, he is familiar with that.“When you are at Chelsea, you have to be able to handle the pressure of winning things and he has shown at Celtic he can do that.“More importantly, he is a killer. He is a goalscorer. He lives for goals. He scores goals in different ways, with his head, with his feet, left and right. Blues boss Lampard is desperately searching for a striker in the winter window to help take the scoring burden off Tammy Abraham, who has 12 goals in 20 league matches. Chelsea legend Jimmy Floyd Hasselbaink has called on his former team-mate Frank Lampard to sign “killer goalscorer” Moussa Dembele.Advertisementcenter_img Loading… Promoted ContentMesmerizing Pictures Of World’s Most Beautiful StaircasesA Hurricane Can Be As Powerful As 10 Atomic Bombs5 Of The World’s Most Unique Theme Parks7 Universities In The World With The Highest Market Value7 Breathtaking Train Stations Around The Globe7 Of The Wealthiest Universities In The World7 Ways To Understand Your Girlfriend Better8 Things About Ancient Egypt That We Don’t Yet KnowTop 7 Best Car Manufacturers Of All TimeThe Network’s Greatest Shows On HBO8 Things To Expect If An Asteroid Hits Our PlanetCouples Who Celebrated Their Union In A Unique, Unforgettable Waylast_img read more

Kitui records surge in Covid-19 infections

first_imgFrom the 151 cases recorded Tuesday, for the first time Kitui has taken a lead from Nairobi with 54 cases while Nairobi had 23 cases.Out of the total 35,205 confirmed cases, 19,801 (56%) are from Nairobi, while, 2,587 (7%) are from Kiambu and another 2,483 (7%) are from Mombasa.Also Read  Women leaders welcome CJ’s decision to dissolve ParliamentOn aggregate, 70% of the national confirmed cases are from these three counties which also account for 80% of the cumulative samples tested so far.“The national decline tendency observed is therefore largely contributed by these three counties. At individual levels, counties such as Machakos, Kajiado, Kitui, Meru, Busia and Nyeri seem to be experiencing rising numbers of confirmed cases,” said CAS Aman.Also Read  152 more test positive as Kenya’s COVID-19 cases hit 36,981He cited testing challenges, due global shortage of lack of reagents and testing kits.According to World Health Organization (WHO), a country can declare flattening of the curve if there’s a decline in the number of cases by 50pc over a period of three weeks and less than 5pc positivity rate for two weeks where testing is optimal. CAS Aman said the peak has shifted to other counties that are experiencing rising numbers of confirmed cases.Get breaking news on your Mobile as-it-happens. SMS ‘NEWS’ to 20153 The Ministry of Health has cautioned Kenyans against lowering their guard in their fight against Covid-19 saying the pandemic is still at a different phase of its evolution in parts of the country.The decline of cases witnessed in country is in counties that were previously Covid-19 hot-spots.“In spite of this apparent good progress, we wish to remind our people that we are not yet out of the woods,” said health Chief Administration Secretary Rashid Aman.Also Read  KNCCI training to help special group SMEs cope during COVID-19last_img read more

Rock leads the way in Ireland

first_imgRobert Rock already has one undeserved “winner’s” cheque from the Irish Open – but could claim another for real at Carton House this weekend. Despite holding off Tiger Woods and Rory McIlroy to win the Abu Dhabi Championship last year, Rock’s biggest payday remains the first prize of 500,000 euros he collected at Baltray in 2009, even though he lost out to Shane Lowry in a play-off. Lowry was unable to claim it as he was still an amateur at the time, but both players were in contention for the title four years on as the third round progressed without star names Rory McIlroy, Graeme McDowell, Padraig Harrington and Darren Clarke. Ireland’s four major winners had all missed the halfway cut, although McIlroy and McDowell could still be seen practising at the venue, but Lowry began the day just two shots behind leaders Rock and Peter Uihlein. Uihlein, a former world number one amateur who won the Madeira Islands Open last month, made the ideal start with a birdie on the first and missed a good chance for another on the second after an excellent approach from a fairway bunker. But the 23-year-old then ran up a double-bogey five on the third, fluffing a chip from an awkward lie just outside a bunker and then missing from two feet after an excellent second attempt. Rock had been in the same fairway bunker on the second and saved par with two putts from just off the back of the green, while he also made par on the third from more sand. A birdie on the fifth then took the 36-year-old to 10 under par and a share of the lead with Spain’s Pablo Larrazabal, who had birdied the second, fourth, fifth and ninth to be out in 32. France’s Raphael Jacquelin, winner of the Spanish Open after a record-equalling nine-hole play-off, and Lyoness Open winner Joost Luiten were a shot behind, with Lowry another two strokes back after a birdie on the second was cancelled out by a bogey on the sixth. center_img Press Associationlast_img read more

Man accused of stabbing 81-year-old deaf woman in West Palm Beach

first_imgThe Palm Beach County Sheriff’s Office arrested a man after he allegedly stabbed an 81-year-old deaf woman in her front yard. 22-year-old Branden Saintard approached the elderly woman who was gardening, and stabbed her multiple times with a knife before running away, deputies said.Witnessess say they saw the  woman’s son-in-law grab a crowbar and follow Saintard until deputies arrived.Police arrested Saintard and took him in for questioning.He confessed to the stabbing and also claimed he wanted to stab the victim’s daughter.“This morning I woke up wanting to prove I’m God for my girl,” he told deputies, according to a probable cause affidavit. “I left my house with a knife to kill the first person I saw.”Saintard’s father, Frantz Saintard, told deputies that his son had been “acting crazy” for three months.Deputies said his father didn’t seem surprised about the incident and Saintard showed no remorse for his actions.Saintard faces charges of attempted murder and aggravated battery.The woman is expected to survive after she had surgery. She suffered seven stab wounds to her abdomen, chest and back.last_img read more

U.S. carries out the first federal execution in 17 years

first_imgOn Tuesday the federal government carried out its first execution in 17 years, killing Daniel Lewis Lee, 47, by lethal injection.  Lee was convicted of murdering an Arkansas family in a 1990s plot to build a whites-only nation in the Pacific Northwest.Lee, 47, of Yukon, Oklahoma, professed his innocence just before he was executed at the federal prison in Terre Haute, Indiana.“I didn’t do it,” Lee said. “I’ve made a lot of mistakes in my life, but I’m not a murderer.” The execution of Daniel Lewis Lee sparked controversy. The victim’s relatives objected the decision to move forward with the execution, and they even sued to try to halt it. Civil rights groups also scrutinized the decision to carry out the execution. Critics argued that the government was creating an unnecessary and manufactured urgency for political gain.The execution of Lee, who died at 8:07 a.m. EDT, went off after a series of legal volleys that ended when the Supreme Court stepped in early Tuesday in a 5-4 ruling and allowed it to move forward.Attorney General William Barr has said the Justice Department has a duty to carry out the sentences imposed by the courts, including the death penalty, and to bring a sense of closure to the victims and those in the communities where the killings happened. His final words were: “You’re killing an innocent man.”last_img read more

Other Sports Eight swimmers injured in Gwangju nightclub accident in World Swimming championship

first_imghighlights Gwangju: Two people died and 16 were injured, including eight athletes taking part in swimming’s world championship, after a balcony collapsed under the weight of party-goers at a South Korean nightclub, local police said Saturday. The balcony at the Coyote Ugly club close to the athletes’ village was a mangled wreck after it gave way and plummeted around five metres (16 feet) onto people below, sending terrified clubbers running to the exit screaming. “An internal balcony collapsed at a club in Gwangju, killing two,” said Song Gi-ju, a detective with the Gwangju Metropolitan Police Agency.    “We have a total of 16 injured and among them 10 are foreigners. Of the 10, eight are athletes participating in the championships.” Song said the two dead were locals and not involved in the swimming championships, adding that police were investigating the possibility the balcony may have been illegally constructed.    The eight injured athletes include three Americans, two New Zealanders, one Dutch, one Brazilian and one Italian. Police said earlier that among the Americans was a male diver and a female polo player.    “A structure collapsed all of a sudden with people standing on it. Screams filled the area with broken parts flying all over, said a 32-year-old who was injured in the collapse, according to South Korea’s Kukmin Ilbo. “The site of the collapse was at the centre of the club where customers were most heavily located,” said the party-goer, surnamed Kim.    ‘Awful tragedy’    A 38-year-old and a 27-year-old were rushed to hospital in grave condition but both died from their injuries, according to local media.    The world championships organising committee said the eight athletes were treated for minor injuries and have returned to their accommodation. Another will have stitches on a leg wound Saturday.    “This is an awful tragedy,” said Christopher Ramsey, CEO of USA Water Polo.    “Players from our men’s and women’s teams were celebrating the women’s world championship victory when the collapse. Our hearts go out to the victims of the crash and their families.” Ramsey added that all the American water polo players were “safe”.    The Australian water polo team were also present but escaped without injury. The New Zealand men’s captain told Radio Sport: “We were just dancing and then the next minute we dropped five or six metres and everyone started rushing out of the club after that.    “We, I guess, fell on top of the heads of other people that were beneath us.” Swimming’s world body FINA said it would “activate all measures to ensure health care and assistance is provided whenever necessary”.    “FINA deeply regrets the situation and sends its best wishes to any victims of this accident,” it added. The world championships end on Sunday. Sweden’s Sarah Sjostrom limbered up for a world sprint double with the fastest 50 metres freestyle heat Saturday as a fatal nightclub accident shook the world swimming championships.     In the pool, Sjostrom clocked 24.26 seconds to top the women’s 50m free prelims ahead of Australia’s Cate Campbell (24.40) and American Simone Manuel (24.41) as the trio resumed battle after Friday’s 100m final.    “It is what it is,” shrugged Campbell the morning after claiming silver behind the defending champion and Olympic gold medallist Manuel in the 100m. “It is a little bittersweet. I’ve managed to get on the podium every time I’ve swum the 100 at a world championship which is a pretty remarkable achievement in itself so I’m focusing on the positives.”      Sjostrom, who took bronze in the 100m free, can become the first woman to win three world championship gold medals in the 50m butterfly in Saturday’s evening finals.    Italy’s Gregorio Paltrinieri qualified fastest for the men’s 1,500m freestyle final in a time of 14:45.80 as the Olympic champion chases a world title treble in the pool’s toughest event.    Parting shot    The Italian will look to crack Sun Yang’s world record of 14:31.02 in this weekend’s final with the Chinese giant choosing not to contest the 1,500m. Sun, who retained his 200 and 400m freestyle titles this week, has been the target of protests from athletes following bombshell claims in a leaked FINA doping panel report that alleged he allowed blood samples to be smashed with a hammer after a visit from testers last year.    American Lilly King, who has been critical of Sun in Korea, fired off a 30.18 to go second fastest in the heats of the women’s 50m breaststroke as she looks to defend the title she won in 2017.    Sun departed the championships after China finished a distant sixth in Friday’s 4x200m freestyle, but not before firing a parting shot at his critics. “I shouldn’t have to put up with these kinds of insults,” growled the three-time Olympic gold medallist, who insisted he was standing up for all athletes by refusing to allow what he called “unlicensed” testers to take his samples.    “I’m protecting myself and all athletes. Everything I have said is true, I have nothing to prove.”      American superstar Caeleb Dressel could add two more gold medals to the three he has already bagged this week when he attempts to retain his 50m free and 100m fly titles on Saturday evening. Eight swimmers were injured in the nightclub incident.Eight injured include three Americans, two New Zealanders, one Dutch, one Brazilian and one Italian.The Australian water polo team were also present but escaped without injury.center_img For all the Latest Sports News News, Other Sports News, Download News Nation Android and iOS Mobile Apps.last_img read more

Win or go home! | Dragon Stout Street-ball ‘Community Cup’ starts tonight

first_imgWITH the aim of concluding an unprecedented year for the Streetball format, the eagerly anticipated and inaugural Dragon Stout Street-ball ‘Community Cup’ will officially kick-off this evening at the National Gymnasium on Mandela Avenue with eight slated elimination matches. In the opening match, Avocado Ballers will oppose North East La Penitence from 19:00hrs, while Sophia battle Festival City from 19:30hrs and Leopold St tackle Ansa All-Stars at 20:00hrs. In the fourth affair, Gold is Money will match skills with Mocha from 20:30hrs while Future Stars tackle Albouystown at 21:00hrs and Rio All-Stars battle Alexander Village from 21:30hrs.In the final two matches, Bent Street take aim at Broad Street from 22:00hrs and Sparta face off with Showstoppers at 22:30hrs.According to an official release from Dragon Stout Brand Manager, Jamal Baird, “Tonight is the start of an exciting project which I envision will catapult the brand into the realm and conversation of being a viable staple within the Streetball fraternity. The objective is simple: don’t lose. With the championship being contested utilizing an elimination format, a simple mistake could be the difference between the joy of victory and the agony of defeat as there is no safety of the group stage.”Baird further stated, “I want to reiterate to the spectators and players that all systems and structures have been formulated to ensure a memorable event that will leave a lasting impression in the minds of everyone. There is a genuine atmosphere of excitement amongst the competing teams and communities which bodes well for the successful staging of the championship. I am truly excited for the tournament and the festivities to begin, as we aim to conclude 2019 with the proverbial bang.”The second playing date will be December 19th, with the semi-final and grand finale pegged for December 28th. 16 teams will contest the opening night, with the resulting eight winners advancing to the quarterfinal round. Upon the conclusion of the final eight section, the semi-final and final will occur on the final night of proceedings.The winner of the tournament will pocket $300,000 and the championship trophy. On the other hand, the runner-up will collect $150,000. Meanwhile, the third and fourth place finishers will receive $75,000 and $50,000 respectively and the corresponding accolade.last_img read more

J-D boys lacrosse stopped short of sixth state title

first_img Tags: boys lacrosseJ-D Contrasting J-D’s vast experience in state tournaments, this was the first time Section VI champion East Aurora had ever reached the state semifinals, and it didn’t take long for the Blue Devils to fall behind – seven seconds, in fact.Brendan Coyle, who would win 13 of 15 face-offs in the first half, took that opening draw and began a sequence of two passes and one deflection that ended with Matt Kemmis putting the ball past East Aurora goalie Aidan Sheehan.Kemmis was just getting started, scoring again at the 45-second mark, and twice more late in the first quarter before Will Davis converted in the final seconds to make it 5-0. Not until the 2:37 mark of the second period did the Blue Devils get on the board with Cal Klube’s goal. By then, Davis had scored again, and the Rams countered this initial East Aurora tally with another 6-0 run.Davis and Matt Kemmis struck again, but Pat Murad, Tanner Burns, Connor Durkin and Nick Kemmis found the net, too, so the margin was 12-1 at halftime.During the third period, Matt Kemmis put in a sixth goal, ultimately adding an assist to share the same point total as Davis, who had four goals and three assists, and Durkin, who got two goals and five assists. Nick Kemmis added a second goal, with Parker Cote and Alex Sanville also converting.And this brought J-D to the state final, but now it wasn’t facing a newcomer.Shoreham-Wading River had three state titles of its own to claim, the last in 2012, and  the Wildcats displayed none of the nerves or fear that the Rams’ three previous post-season opponents displayed.Looking back, J-D could never recover from the way the game started. It went nearly seven minutes before even taking a shot, which resulted in a goal by Tyler Brang, but by then SWR already had a 3-0 lead.Xavier Arline, the Wildcats’ top talent, got it going 2:07 into the game, and Johnny Schwarz followed with a goal less than a minute later. Then Arline converted again and, after Brang’s goal, SWR defender Tyler Schwarz made a long run to the net and beat Jamison MacLachlan.That left the Rams trailing 4-1 going to the second period, which equaled the first in that J-D only converted once and the Wildcats again found the net four times, Arline adding a third and fourth goals, one of them on a one-handed shot.It got worse from there, Schwarz and Gavin Gregorek connecting on goals early in the third quarter that left J-D in a 10-2 deficit, but to its credit, the Rams almost made it interesting.By increasing defensive pressure and forcing turnovers, J-D scored three times in a span of 2:10, one each by Burns, Davis and Nick Kemmis, but with just 9.3 seconds left in the quarter Dominic Visintin’s goal restored SWR’s margin to 11-5.Arline’s fifth goal, to go with two assists, helped the Wildcats seal it late, though the Rams did see Brang and Durkin find the net before the clock ran out.Tough as this defeat was to take, J-D could have quite a group back in 2020. Of the starters, only Murad and defender Seth Sahil graduate, with Burns, Coyle, Davis, Durkin, MacLachlan, Josh Duby and both Kemmis brothers among the returning players.Share this:FacebookTwitterLinkedInRedditComment on this Story center_img With five state championships already on its crowded ledger, the Jamesville-DeWitt boys lacrosse team was in pursuit of a sixth crown, only to get denied one victory short of that ultimate prize.Shoreham-Wading River, another Long Island-based powerhouse, defeated the Red Rams 12-7 in last Saturday’s state Class C title game at St. John Fisher College in Pittsford, roaring out to an eight-goal lead before J-D could settle into the game it wanted.Up until the final, the state tournament had provided no stress for J-D – easy regional wins over St. Lawrence (15-2) and Owego (17-3), followed by an 18-4 romp in the rain over East Aurora in last Wednesday’s state semifinal at Cicero-North Syracuse’s Bragman Stadium.last_img read more