Category Archives: ltuhouti

Investor scores Ashgrove Queenslander for $200k below suburb median

first_imgThis home at 15 Roy St, Ashgrove, sold under the hammer for a bargain price.One buyer bagged a bargain, winning this Ashgrove home at auction for well below the median price for the suburb.The No.15 Roy St home sold under the hammer for $735,000, while according to Core Logic data, the current median house price for Ashgrove is $975,000. The master bedroom has a sleepover attached.More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019D’Arcy Estate Agents sales person Bonnie D’Arcy agreed that the home was a bargain compared to others in the area.“The house gave someone a really good opportunity to get into the market in the area for the price you could pay for a townhouse,” Ms D’Arcy said.“It ended up being really good value.” The bathroom has a claw foot bath.Ms D’Arcy said the owner bought the 1930s Queenslander as an investment for her son to live in, and was drawn to the opportunity the home provided for dual living.“She likes that she can have a separate area underneath for when she comes into town and can come and go as she pleases.”center_img There is traditional detail throughout the home.She attributed it to being on a small block of 410sq m, and sharing a driveway with another home.The home generated a fair bit of interest, with about 40 groups viewing the house and four registered bidders on auction day.last_img read more

Bank of England to run rule over asset managers’ liquidity strategies

first_imgThe committee also said it would work with the FCA to better understand how UK financial stability could be affected by a market correction or a reduction in market liquidity, analysing the corporate finance sector specifically.It will also assess how liquidity may have become more fragile recently, and said it would use evidence from episodes of “heightened” market volatility.“The Committee remains concerned investment allocations and pricing of some securities may presume asset sales can be performed in an environment of continuous market liquidity, although liquidity in some markets may have become more fragile” the FPC said. “Trading volumes in fixed income markets have fallen relative to market size, and this could lead to heightened volatility and undermine financial stability.”Concerns from the BoE had been raised before the latest move.In its December meeting, the FPC said the concern that market liquidity could prove illusory would contribute to disruption.In December, the FPC wrote that heightened volatility had been seen in markets often considered to have deep liquidity.“Financial markets had recovered relatively quickly, in part because longer-term asset holders had maintained their positions,” it said.“But tail events could trigger a larger and more prolonged reaction in asset prices and volatility. Some asset managers might be assuming they could sell assets quickly in the event of redemptions. If many asset managers tried to do this simultaneously, this might amplify price falls and market volatility.”Fixed income, particularly corporate bond markets, have become a source of increasing concern among institutional investors, as the lack of banks and primary dealers has left buyers with few opposite parties in times when liquidity is needed.This growing concern comes as the high-yield market saw record issuance in 2014, across both the US and euro-zone, driven by the ‘search for yield’ and changes to the legal structure of issuance.Concerns from the BoE over the risk of asset managers trying to exit a market simultaneously fall into existing work in both the US and Europe over whether asset managers or investment funds carry systemic risk to financial stability.Work is currently underway to decide whether asset managers are ‘too big to fail’, and whether capital reserves could be a potential solution.The BoE’s executive director for financial stability, Andrew Haldane, said in a speech last year that distress at an asset manager could increase friction in financial markets and liquidity.Central bank concerns over market corrections comes as ING Investment Management publishes research showing institutional investors are split over whether to prepare portfolios for a market correction.Among 226 global institutional investors, ING found 47% were positioning portfolios expecting corrections, with 47% not. The UK central bank is set to gather information from asset managers over strategies to manage liquidity, as long-term concerns over the “fragile nature” in some fixed income markets turns into action.The announcement came from the Financial Policy Committee (FPC), the Bank of England’s (BOE) team charged with monitoring the UK economy, taking action to remove systemic risks and protecting the UK financial system.In a meeting last week, the FPC agreed it would ask the Financial Conduct Authority (FCA) to gather information from UK-based asset managers on how they manage liquidity in investment funds in both normal and stressed conditions. The FPC said the exercise would inform a study on which markets relied on investment funds offering redemptions at short notice.last_img read more

European IORP assets up ‘significantly’ in 2015, fund numbers down

first_img“This increase was partly caused by the drop in interest rates during 2015, which increased the market value of bond portfolios,” said EIOPA, noting that the UK and the Netherlands accounted for 83% of the European occupational pensions sector.In most countries, the size of the occupational pension fund sector with respect to GDP – the penetration rate – grew in 2015 compared with 2014, according to the EIOPA report. The ratio shrank in countries such as Ireland, the Netherlands and Finland.EIOPA said the investment allocation for occupational pension funds – IORPs – had been “relatively stable” in the past three years.Total exposure to bonds stood at 47% in 2015, and equities accounted for 28%.Over a nine-year period, changes have been more substantial, however, according to EIOPA.It said there had been a decline in equities from 46% to 28% based on data for 16 countries (accounting for 97% of assets in the EEA) for the period from 2007 to 2015.“A possible explanation is the de-risking of investment portfolios in the UK,” it said.UK DB schemes’ average allocation to bonds hit 50% for the first time in the 2015-16 financial year, according to the UK’s Pension Protection Fund.It published its latest ‘Purple Book’ of DB scheme data this week, according to which private sector DB funds had an average fixed income allocation of 51.3% at the end of March.EIOPA said cover ratios for European defined benefit (DB) schemes had decreased “and remain a big concern for a number of countries”, EIOPA said.It put the average weighted cover ratio at 95% for 2015, down from 104%.The number of IORPs in Europe fell further in 2015, decreasing by 3% versus 2014, while overall active membership increased by 7%.EIOPA said the overall increase in active membership could be attributed “to a large extent to the (gradual) introduction of auto-enrolment in the UK”.The Dutch regulator has predicted that some 100 fewer pension funds will exist in the Netherlands by the end of next year due to consolidation.The information in the pension fund overview is based on feedback provided by EIOPA members, with data for 2014 provided to EIOPA “with an approximate view of the financial position of IORPs during the covered period”.The supervisory authority said several countries were in the process of collecting data and that, in some cases, 2014 figures were incomplete or based on estimates that may be subject to major revisions in the coming months.It noted that the main valuation method applied by each country varied due to differing accounting principles applied across the EU, and that data availability varied substantially, “which hampers a thorough analysis and comparison of the pension market developments between [EU] member states”. Total assets in European occupational pension funds increased “significantly” in 2015, with asset allocation remaining broadly unchanged, according to the European Insurance and Occupational Pensions Authority (EIOPA).The supervisory authority this week released its second half-year financial stability report for 2016, which includes a chapter capturing broad developments in the European occupational pension fund sector.Much of the report is focused on the other part of EIOPA’s remit, the insurance and re-insurance sector.It said the occupational pension fund market grew by 13.5% for the European Economic Area (EEA) in 2015 in terms of assets “owned” by the funds, and by 2.5% for the euro-zone; it did not state an absolute figure.last_img read more

Batesville 3-Way Swimming Meet Results

first_imgBatesville Girls & Boys Swimming Teams participated in a 3-Way Meet agianst Rushville and Connersville.Girls:  Connersville 55   BHS 43BHS  81  Rushville 11Lady Bulldogs are 3-2 on the season. Boys:  Connersville 56  BHS 42BHS  77  Rushville 14Bulldogs are 1-1 on the season.Varsity Event Winners: Thomas Hatcher (200 IM, 100 breast), Elizabeth Weiler (100 breast), Matt Weiler (100 fly, 100 back).JV Event Winners:  Lydia Olsen-50 free, Maggie Schwettman-100 free; Ben Schwettman-100 back, Kegan Main-100 free, 100 breast), Zach Hall-50 free. Improvements:  Hanna Cox- 100 fly, Grant Greene 50 free, Zach Hall 50 free; Thomas Hatcher 200 IM, Kegan Main 100 free (6 seconds) and 100 breast (5 seconds); Seth Parker 100 free, Sarah Poltrack 50 free, Ben Schwettman 100 free (7 seconds ) and 100 back (6 seconds); Taylor Villani (50 back), Elizabeth Weiler (100 breast), Emily Weiler (50 free), Matt Weiler (50 back).Submitted by Batesville Coach TJ Greene.last_img read more

Annabelle Ohlmansiek

first_imgAnnabelle Ohlmansiek, 93, of Greensburg, formerly of Dillsboro, passed away Thursday, August 16, 2018 at CrownPointe Senior Living Community in Greensburg.  Annabelle was born Saturday, June 26, 1926 in Lawrenceburg, IN the daughter of Alvin and Hattie (Olds) Martin.  She was baptized July 1, 1926 at First Baptist Church, Lawrenceburg and confirmed on May 13, 1956 at St. John’s Lutheran Church, Farmers Retreat. She married Albert Ohlmansiek October 8, 1955 and he preceded her in death October 7, 2007.  Annabelle worked in the accounting department at I&M, was a homemaker and a member of Trinity Lutheran Church at Dillsboro.  She enjoyed taking care of family and helping on the farm, sewing, crafts, gardening and humming birds.Annabelle is survived by her daughters: Becky (Steve) Starek of Carmel, IN and Marsha Ohlmansiek of Greensburg, half-sister Gail Berry, 2 step-grandsons: Jon and Greg Starek. She was preceded in death by her husband, parents and brother: Benjamin Martin.Funeral services will be held at 10 a.m. Monday, August 20, 2018 at Trinity Lutheran Church, 9901 Central Ave., Dillsboro, IN 47018 with the Rev. Richard Kolaskey officiating.  Burial will follow at Oakdale Cemetery at Dillsboro.  Visitation will be 1 – 3 p.m. Sunday, August 19, 2018 at Filter-DeVries-Moore Funeral Home.  Memorials may be given in Annabelle’s honor to Susan Comer Breast Foundation or Alzheimer’s Association.  Filter-DeVries-Moore Funeral Home of Dillsboro entrusted with arrangements; 12887 Lenover Street, Box 146, Dillsboro, IN 47018, (812)432-5480. You may go to filterdevriesmoorefuneralhome to leave an online condolence message for the family.last_img read more

Saturday IMCA Modified feature at Thunder Hill pays $1,500 to win

first_imgMAYETTA, Kan. – IMCA Modifieds will race for $1,500 to win this Saturday, July 22 at Thunder Hill Speedway.There is no entry fee and the Modified portion of the Feldkamp Furniture Night program is draw/redraw. The winner will be one of the first candidates on the ballot for the 2018 Fast Shafts All-Star Invitational.IMCA Sunoco Stock Cars and Karl Chevrolet Northern SportMods both race for $500 to win.IMCA Speedway Motors Weekly Racing National, regional, Allstar Performance State and track points will be awarded.Grandstand admission is $15 for adults and free for kids 12 and under. Pit passes are $30.Pit gates and the grandstand open at 5 p.m. Hot laps are at 7 p.m. with racing to follow.More information is available at the www.racethunderhillspeedway.com website and on Face­book.last_img read more

Myrtle Walsh Ryle

first_imgMyrtle Walsh Ryle, 100, of Moores Hill passed away Sunday, December 16, 2018 at Ripley Crossing in Milan.  Myrtle was born Tuesday, January 1, 1918 in Carroll County, Kentucky the daughter of Melvin and Ethel (Aldridge) Smith.  She married Glen Walsh and he preceded her in death November 16, 1964.  Later she married Charles Ryle who also preceded her in death.  Myrtle was a homemaker, a member of Moores Hill First Baptist Church, member of the Baptist Women Society and a member of the Eastern Star OES #135.Myrtle is survived by son-in-law Ron Marksberry of Moores Hill, granddaughters Stefanie Richardson of Baytown, Texas, Ranae Kohlmeier of Moores Hill and Angelia Marksberry of Milan, grandsons James Bolt Jr. of South Carolina and Steven Marksberry of Patriot, Indiana, 10 great grandchildren and 10 great great grandchildren.  She was preceded in death by her husband, parents, daughters Elaine Bolt in February 1962 and Glenda Marksberry in June 2016, brother Lester Stainbrook and sister Irene Gergely.A service celebrating her life will be held 10 AM Saturday, December 22, 2018 at Moores Hill First Baptist Church with Pastor Laura Erickson officiating. Burial will follow at Forest Hill Cemetery in Moores Hill.  Family and friends may gather 5 – 7 PM Friday, December 21, 2018 at Sibbett-Moore Funeral Home in Moores Hill, an Eastern Star Service will be at 6:45 PM Friday.  Memorials may be given in honor of Myrtle to the Moores Hill First Baptist Church or ROD Special Olympics.  Sibbett-Moore Funeral Home entrusted with arrangements, 16717 Manchester Street, Box 156, Moores Hill, IN 47032, (812) 744 – 3280.  You may go to www.sibbettmoore.com to leave an online condolence message for the family.last_img read more

Pearson blasts ‘arrogant’ Dean

first_img Press Association Rock-bottom Leicester were in the ascendancy at that point, only for the game to be changed as David Nugent was adjudged to have fouled Danny Rose, allowing Kane to slot home from the penalty spot. Despite a Jeff Schlupp own goal and Nugent’s strike coming after that, it was Dean’s decision to award a penalty which Foxes boss Pearson felt was decisive. “Unfortunately again, another dubious decision,” he told Sky Sports. “The arrogance of the man at times is frightening. “I just find it difficult to accept that we have to deal with yet another contentious decision that has not gone our way. “I am sure Spurs will be feeling, even though they scored four goals, quite relieved in their dressing room. “Now it is nine games and it remains a very frustrating season for us because of the level of performance, yet we’re just not getting over the line with results.” Pearson was perplexed as to why Dean awarded a penalty and also the amount of time it took the referee to make the decision. “I am led to believe nobody else’s opinion was actually involved,” he said. “He took that length of time to decide that two players colliding in the box is a penalty. White Hart Lane bore witness to a thrilling, end-to-end encounter on Saturday, with star turn Kane capping a wonderful week with his first Premier League hat-trick as Spurs ran out 4-3 victors. The result may have been positive but the home side were far from comfortable winners, with Jamie Vardy and Wes Morgan cancelling out the two-goal lead Mauricio Pochettino’s side had built up. “I just find it bizarre – that’s probably the nicest thing I can say. “We’re in a situation where there is a lot of talk about the spirit of the game, players going around referees. There has to be an element of fairness. “I really do feel at the moment that we continue to be short-changed. I am not suggesting, of course, that it is deliberate but we can’t be on the receiving end of so many poor decisions.” Asked if Pearson would seek out Dean to discuss things, he retorted: “What’s the point? What is the point of talking to him? He is one of the most arrogant men I have ever met. There we are. “I will concentrate on what I can affect and that is my players. I will try and keep my words carefully chosen this week and hopefully your microphone will be out of the way when I choose to say something different.” Pearson was still clearly angry by the time he spoke at the post-match press conference, during which he admitted he was not sure whether his comments would incur the wrath of the Football Association. Tottenham counterpart Mauricio Pochettino, by contrast, cut a more relaxed figure after Kane inspired his side to victory before joining up with the England squad for the first time. “I think it was a fantastic, fantastic game, a fantastic performance,” the Spurs head coach said. “I am very pleased for him, for his first hat-trick in the Premier League. “I think Harry is (only a) part of Tottenham, but I am happy for him. We worked hard today in a difficult game, but it’s true Harry is a very important player for us.” It was a positive result, if not performance, from Spurs, who had to do without Hugo Lloris from the first minute onwards after the goalkeeper collided with team-mate Kyle Walker. The France goalkeeper left the field on a stretcher after several minutes of treatment on a gashed knee which could keep him out of their upcoming international fixtures. “He’s in hospital with the doctor and we wait for news,” Pochettino said. “He got a big cut on the tendon of his knee. We hope it’s nothing big.” Leicester manager Nigel Pearson labelled referee Mike Dean “one of the most arrogant men” he has ever met after awarding a game-changing penalty against Harry Kane-inspired Tottenham.last_img read more

Angry Bale Wants to Leave Real Madrid

first_imgBale has won four Champions Leagues, one La Liga title, a Copa del Rey and three UEFA Super Cups and Club World Cups during his time at Real, scoring more than 100 goals.After the collapse of his move to China, the 30-year-old Wales international pulled out of a pre-season game in Munich – understood to be because he was not in the right mental state to play.He has returned to the Real team this season, scoring twice in seven matches as they have moved to the top of La Liga.But he was left out of the squad for last week’s Champions League game against Club Bruges, before returning to the starting line-up for the 4-2 win against Granada on Saturday.“Gareth Bale is fed up,” said Balague. “He can do this no longer. At a time when he began to stand out, knowing that as he plays matches his fitness would be sharpened, he suddenly had to watch the game against Bruges in the stands. Nobody knows why.“He is angry, confused. When Zidane returned to the club, he decided he did not want Bale, without anyone having offered a clear reasoning.“Bale was told that Zidane, with whom he has a professional relationship, had made an unequivocal decision and was preparing for his departure.“His agent, Jonathan Barnett, set out to find him alternative options, but Bale preferred – ahead of any other possibility – to remain at the club.“What the Welshman does not quite understand is why the doors were opened, and then they did not let him go. Madrid agreed not to charge a transfer fee to the Chinese side Jiangsu Suning, but ultimately they backed down because they believed that another Chinese team were willing to pay a large amount for James Rodriguez, a rumour that ended up being false.“Bale has played well in recent weeks – partly because he is angry – in response to the distance and coldness with which the coach treats him, and he has finally rebelled at his situation.“It is said that he likes golf more than football, and it is true that he does not live the profession with the intensity of others, either on or off the pitch.“He only asks for minutes to be able to give his best and to be able to offer goals to the team, something they lack.“Leaving him out of the game against Bruges is difficult to understand, and has been the last straw.“For the first time since he arrived at Real Madrid in the summer of 2013, the Welshman wants to leave. He feels that it is not fair what is being done with him.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Real Madrid forward Gareth Bale is “angry” and “fed up” at the Spanish giants and wants to leave the club, according to BBC Radio 5 Live’s Guillem Balague.Bale had been set to join Chinese Super League side Jiangsu Suning on a three-year contract in the summer – earning a reported £1m a week – but Real cancelled the deal because they wanted a transfer fee.In July, Real manager Zinedine Zidane said “we hope he leaves soon”, a comment to which Bale’s agent Jonathan Barnett replied: “Zidane is a disgrace – he shows no respect for a player that has done so much for Real Madrid.”last_img read more

Syracuse fails to capitalize, gets shutout by Bemidji State, 5-0

first_img Published on September 30, 2017 at 6:31 pm Contact Adam: adhillma@syr.edu | @_adamhillman Syracuse (0-1-1) lost to Bemidji State (1-0-1), 5-0, in its second game of the season at the Sanford Center in Bemidji, Minnesota. Syracuse was outmatched in almost every facet, getting outshot and penalized more than the Beavers.After a 0-0 draw on Friday, the Orange never found its rhythm in a tough afternoon outing. BSU outshot SU by 10 and consistently fooled senior goalie Abbey Miller en route to a five-goal performance.Forty seconds into the game, the Orange found itself down via an Emma Terres goal. In the first period, the Beavers dominated possession and saw Terres beat Miller twice in 11 minutes. A Bemidji State penalty six minutes into the frame allowed a brief stretch of control for the Orange, but its inability to convert was ultimately Syracuse’s downfall.While only getting outshot by five in the second period, the Orange still failed to execute on the other side of the ice. Syracuse committed two penalties and allowed one goal in the second 20 minutes.Down 3-0 entering the second period, the outlook was grim for SU.Just over a minute into the third period, the Beavers ended any chance of a comeback with an even strength goal.AdvertisementThis is placeholder textWhile Syracuse tallied more faceoff wins than the Beavers, the Orange’s inability to capitalize on power plays and other quality chances was the difference.The Orange are back in action on Friday, Oct. 6, at 4 p.m. against Wisconsin. Comments Facebook Twitter Google+last_img read more