With more than 61% of eligible Juneau residents vaccinated, city switches to smaller pop-up clinics

first_imgCoronavirus | Health | Juneau | SoutheastWith more than 61% of eligible Juneau residents vaccinated, city switches to smaller pop-up clinicsApril 26, 2021 by Bridget Dowd, KTOO Share: Axel Gillam sits in the pews of Resurrection Lutheran Church during a pop-up vaccine clinic event. (Photo by Bridget Dowd / KTOO)Demand for COVID-19 vaccines is dwindling in Juneau. More than 61% of the city’s eligible population is fully vaccinated, so the city isn’t planning any more mass vaccination clinics.Juneau residents who still want to get their first shot can now turn to small, pop-up clinics instead.Audio Playerhttps://media.ktoo.org/wp-content/uploads/2021/04/26PopUpShots.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.When Juneau officials started offering mass vaccination clinics for the COVID-19 shot, demand exceeded supply. They were often giving out more than 1,000 doses per event.But there’s been a clear tapering in demand. The most recent first-dose clinic was the city’s last. They had capacity for over 1,000 doses but only gave out about 300.Now, any Juneau organization can apply to have the shots come to them. Robert Barr, Juneau’s Emergency Operations Chief, said applicants can submit a set number of people who they know will want vaccines or set up an event on a walk-in basis. “There are factors that go into that,” Barr said. “What’s the potential for walk-ins at the space? Have we done something recently in that small, geographic area around the site?”Two churches hosted pop-up clinics on Monday. Brad Perkins is the program coordinator for Resurrection Lutheran Church. He said he thought offering vaccines during their month-end food pantry was the perfect opportunity.Two churches hosted pop-up COVID-19 vaccine clinics on Monday, April 26. (Photo by Bridget Dowd / KTOO)“The last Monday of the month is usually our busiest because people are running out of money,” Perkins said. “We’ll see at least 50-60 people today picking up food, so we had a pretty good guess that we could get a number of people to come through and do this.”Jess Brown is the wellness coordinator for the city and hospital. She was at the pop-up clinic helping patients schedule their follow-up appointments. “It’s been really exciting to get some shots in arms,” Brown said. “I’ve had people come in and they are actually in tears because they are just so grateful and so ready to be past this whole last year.” Two churches hosted pop-up COVID-19 vaccine clinics on Monday, April 26. (Photo by Bridget Dowd / KTOO)She said public health is all about meeting people where they’re at.“Not everyone feels comfortable in different locations and so we might have a group that just feels more secure and comfortable getting it here,” Brown said. “It feels like a more trusted process.”Kyle Asai-Lau received his first shot at the church and said it gives him peace of mind.  “I did grow up with asthma so I know I was a high-risk patient,” Asai-Lau said. “So getting the vaccination, just makes myself safer along with the people I live with.”And for those still worried about getting the shot, he said “just go for it!”Editor’s note: The headline for this story has been updated to clarify that 61% of eligible residents have been vaccinated, not 61% of the total population.Share this story:last_img read more

Ukip wins second MP but Labour loses shadow attorney general

first_img Share Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Thursday 20 November 2014 8:57 pm Show Comments ▼ Ukip wins second MP but Labour loses shadow attorney general Kate McCannKate McCann is a reporter at City A.M. She covers politics and insurance and can be contacted at [email protected] Ukip was on course for a second seat in the House of Commons last night as former Conservative MP turned Ukip member Mark Reckless looked certain to win back his seat after sparking a byelection when he defected. The Tories had hoped to hold on to the Rochester and Strood seat but were privately conceding defeat last night, despite a strong campaign which saw Prime Minister David Cameron visit the Kent constituency a number of times along with senior cabinet colleagues and other MPs. Questions of further defections to Ukip loom­ed over Cameron’s party last night following the win. Meanwhile, the Labour party had problems of its own as shadow attorney general Emily Thornberry resigned her post after a storm of protest over a photo she tweeted from the constituency. The photo showed a white van and house decked with three England flags, with a fellow Labour MP suggesting it was “derogatory and dismissive of the people”. whatsapp whatsapplast_img read more

News / Picture Special: London Gateway gets a lift as new cranes arrive for Berth 3

first_imgBy Alex Lennane 17/06/2016 Slightly incredibly, given the apparent state of the vessel, two massive cranes arrived safe and sound from China, via the Cape of Good Hope, to arrive at London Gateway.They are destined for the third berth, which opens later this year, and will be followed by to further cranes, due to arrive in London next week.At their highest point, the quay cranes stand at 138 metres (459ft), the same height as the London Eye. They weigh 2,000 tons and will be unloaded from the vessel onto DP World London Gateway’s quay wall using pulleys and winches at high tide. The process of moving these mega-structures safely onto the quay takes 45 minutes.Once the third berth is open, the port will have 1,250 metres of quay wall.Check out these pics:last_img read more

News / Tough times ahead for North American port terminals as investors review their options

first_img© Mihai Andritoiu Financial investors in North American ports and operating terminals may face difficult choices in the next few years, as margins continue to be squeezed and returns diminish, according to a new report from AlixPartners.Prior to the global recession, scores of institutional investors were lured to the sector and its seemingly risk-free and stable returns. That in itself created something of an asset bubble.A series of deals saw private equity and fund managers acquire terminals for increasingly high prices, culminating in a Deutsche Bank-led fund buying New York-based Maher Terminals for $2.7bn in 2007, just as the sub-prime crisis was beginning to spark a chain of events that would wreak havoc on the global economy and change liner shipping.The AixPartners report says: “Today’s North American container terminal business is a far cry from what many investors thought they were buying into just a few years ago.“Powerful trends – starting with a global recession of historic proportions – have upended the common assumption that this is a steadily growing business with consistently healthy returns.“Traffic gravitates to gateways, not to specific terminals. So, the first challenges are to understand the dynamics affecting a particular gateway, and to objectively evaluate that port’s growth potential.“Only then can an investor rationally assess the range of strategic options for increasing the value of a given terminal within that gateway.”It adds: “In the most extreme cases, the best option might simply be to exit; but even in the best of cases, the paths to value creation are limited and investors must choose carefully.”Shipping lines are undergoing one of the most radical eras of consolidation and, in combination with the deployment of ever-larger vessels, the challenges are mounting for terminal operators.The report says: “Consolidation in the carrier market is reducing the number of potential customers terminals can serve, which makes each deal critical as the volume in play increases.“At the same time, through a variety of investment structures, many of the leading carriers already have affiliations with terminals in leading ports, so the odds are tilting against independent terminals, thereby driving them to compete on price.”This has been most extreme in the region’s largest container gateways of Los Angeles-Long Beach, New York-New Jersey and Seattle-Tacoma, where a “patchwork of partnerships between carriers and terminals” continues – and which is expected to consolidate.Ironically, this effect, in combination with the Panama Canal expansion, means operators in secondary ports are finding new opportunities to develop services that draw in better-paying cargo, says the report.“Terminal operators with exposure to major hubs and gateways are experiencing falling margins, and their peers with operations in secondary and developing markets are seeing their margins improve.“We believe this trend will take root in the US market as competition in major gateways becomes fierce and as savvy operators in secondary ports seek opportunities to provide niche services,” it adds. By Gavin van Marle 06/11/2017last_img read more

Merck: There’s more to us than Keytruda. Really

first_img Put this in the category of good problems to have: In its first four years on the market, Keytruda, made by Merck, has had the best sales launch in the history of cancer drugs.In the third quarter of 2018, Merck reported sales of $1.9 billion of the checkpoint inhibitor, 18 percent of the company’s total revenue. Keytruda sales have now surpassed those of Opdivo, a similar medicine from Bristol-Myers Squibb. According to projections collected by Evaluate Pharma and touted by Merck, full-year sales of Keytruda will approach $7 billion. STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. By Matthew Herper Jan. 9, 2019 Reprints About the Author Reprints GET STARTED What is it? Mel Evans/AP Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Tags biotechnologySTAT+ @matthewherper center_img Senior Writer, Medicine, Editorial Director of Events Matthew covers medical innovation — both its promise and its perils. Merck: There’s more to us than Keytruda. Really Matthew Herper Log In | Learn More Biotech [email protected] What’s included? Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.last_img read more

My Job & I: National sports journalist Brendan O’Brien on a very privileged position

first_img Facebook Twitter Home We Are Laois My Job and I My Job & I: National sports journalist Brendan O’Brien on a very… We Are LaoisMy Job and I I was way too focused on ‘getting the degree’ and it was around then that I put two and two together. I liked English in school and loved sport so I applied and got accepted for the Communications: Journalism with French course in DIT.2. What route did you take to becoming a sports journalist? I did a small bit of work for Setanta Sports during college when they were really pushing their web content. That was a good experience. I also did a work placement in the Irish Times which was a real eye opener. They were still using the old lead printing presses and the whole operation was still in the old Fleet Street building. The whole place was like something out of a Dickens novel.I was just finished college when a friend put me in touch with the Irish Examiner sports editor who was looking for someone Dublin-based to do some work for them and I started doing a small bit of freelancing for some of the nationals from there.3. What does your work with the Irish Examiner involve? Do you travel often? What does a usual work day involve?I cover every sport but a lot of rugby and Gaelic games and some soccer as well, though not as much of the latter as I’d like. I’ve covered everything from beach volleyball to the Paralympics and a priests’ football tournament.I love that variety. It’s probably why I’ve stayed with the Examiner so long. I’ve travelled quite a bit, mostly throughout Europe but to Australia, China and the Middle East as well. I’ve covered two Uefa European Championships, two Rugby World Cups, five Heineken Cup finals, a few dozen All-Ireland finals, eight Cheltenham Festivals and a lot more. I’ve been very privileged.The day-to-day the job usually involves a press conference or launch of some kind so I’m constantly on the move. Press conferences can become a bit monotonous at times but they’re boxes that have to be ticked and now and again you get some great copy from them.I do a weekly column too and then it’s a case of trying to squeeze in the time to write your own feature or two along the way, so there’s phone calls and a good bit of research on top of everything else. To be honest, there’s never enough hours in the day.4. Has anyone you met/interviewed ever completely surprised or shocked you? If you have, who and why?I interviewed George Foreman, the former world boxing champion, very early in my career. It would have been the early noughties. I’d seen the footage of him from the 70s when he was this frightening, villainous type of guy but by the time I spoke to him he was a preacher selling his famous Foreman Grills.He spoke so softly and his handshake was as weak as a kitten even though he was still a huge man and talking about stepping in to the ring again – which he eventually did. That taught me to leave any preconceptions at the door.5. What’s the most challenging work environment to be in as a sports journalist?Anything close to deadline! Filing match reports ‘on the whistle’ is always a challenge given the way games can change at a moment’s notice. Even just writing copy as the game unfolds before your eyes is bloody difficult. It never feels anything less than uncomfortable.The worst though are the soccer post-match press conferences. I cover a lot of the Republic of Ireland games and one of my roles is to file maybe 600 or 700 words on the manager’s reaction. They might start talking at 10.15pm and my deadline is 10.30. That’s pressure. Especially when Giovanni Trapattoni was manager, his English was atrocious.6. As a young sportswriter, how competitive was it to make a name for yourself?It’s a very small pool we’re talking about here. I never felt I was in competition with other reporters, really. It was more about pushing at the door of various sports editors and trying to get them to use you regularly.It’s like any profession in that you develop a reputation on the basis of what you do every day. I’d like to think I was – and am – a good writer and a dependable reporter who knew a little bit about the subject matter from my earliest days.7. If you had any advice to give to someone wishing to be a sports journalist – what would it be?Write about what you know. There’s no point filing copy on the Super Bowl or a Manchester United-Liverpool game if you’re a young kid from Portlaoise or Mountmellick. There’s lots of people all over the world doing that and the vast majority will know the subject matter better than you.My big break came when Laois started to win under Mick O’Dwyer. I knew some of the players as I was just a few years older and I knew the Laois football scene better than most other people covering GAA at the time so it fell nearly for me. Find that niche for yourself.8. What makes a good sports journalist?There’s no one-size-fits-all answer to that. Some are news hounds who are brilliant at getting exclusives. Others are superb feature writers.You also have people who specialize in covering the one sport and others who are suited to dipping in and out of all sorts of codes and events. A good sports department needs a mix of all these types.9. What has been your favourite event to have ever covered?The 2012 Paralympics will be hard to top. I haven’t covered an Olympics yet but the feelgood vibe from the London Games clearly carried over to the Paralympics that year and Ireland did brilliantly. They ended up winning 16 medals.I think there was maybe one day in the first 12 or 13 where they didn’t medal at least once and it was across all sorts of pursuits. I was covering Mark Rohan in the hand cycling at Brands Hatch one day and Jason Smyth at the Olympic Stadium on the track the next. It was a two-week adrenalin rush.10. Do you get much say in what events you write about?My role has changed over the years with the Irish Examiner. When I started just over ten years ago I was covering GAA most days. That’s a much smaller part of my brief now.I’ve always done rugby but that has become a huge part of my job. It evolves over time based on current needs and changes in personnel in the sports department. So I have my regular ‘beat’ but I’m free to suggest other stories or events that I’d like to cover. As I said before, it’s about finding the time to cover everything.11. If you had to write about one sport for the rest of your career what sport would it be?Soccer, without a doubt. It was always my first love. My dad Seamus co-founded Portlaoise AFC in 1966 and I played it night and day growing up in Portlaoise.I fell out of love with the game for a while there when I was so busy covering other sports but I’ve started covering more League of Ireland games this last two seasons and that had reminded me of why I was so mad about the game in the first place. There’s nothing better than watching a game of football live.12. What’s the most exciting thing about being a sports journalist? The post-match interview or press conferences etc?Just getting to go to major occasions that have everyone so excited. You can forget that at times because you are there to work and there’s a tendency to get bogged down in what you have to do.You experience these things in a very different way to the fan who is there with their family and friends drinking a beer. But every now and again I find myself pausing for a second and thinking, ‘wow, I’m at a World Cup’ or a full Croke Park in September or whatever. And because I work so many weekends I never get the ‘Monday morning blues’.I’m always grateful for that.13. What’s the strangest thing to have happened to you on your travels?I was turned away from US Customs in Shannon airport about ten years ago because I didn’t have the correct visa.I was supposed to be going to Boston for the GAA Interprovincial finals but ended up covering the Laois county football final in a bloody freezing and wet O’Moore Park instead. I wasn’t a happy bunny that day.14. What has been the biggest moment for you in sport? Both professionally and personally? Professionally I always remember Roy Keane’s testimonial between Manchester United and Celtic in 2006. I was a huge United fan growing up and when I started as a journalist it was a major ambition to report on a game from Old Trafford and to be paid for it. That was pretty special.Personally I would say it was Laois’ win against Dublin in the 2003 Leinster semi-final. Most people will say the win against Kildare in the decider was a bigger thrill – and maybe it was – but that game against Dublin was the first time I’d ever seen Laois beat a big team in a game at Croke Park. Hard to believe that’s 15 years ago now!SEE ALSO – My Job and I: Meet the Laois Performance Nutrionist who has worked in Thailand, the NFL and is now with the IRFU Previous articleLaois Ladies suffer third Division 2 defeat on the spinNext articleWins for Stradbally, Timahoe, Graiguecullen and Courtwood as Kelly Cup begins Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. Laois County Council create ‘bigger and better’ disability parking spaces to replace ones occupied for outdoor dining Pinterest Sports journalist and Portlaoise man Brendan O’Brien has seen it all.He’s covered two Uefa European Championships, two Rugby World Cups, five Heineken Cup finals, a few dozen All-Ireland finals, eight Cheltenham Festivals and a priests’ football tournament to boot.Brendan’s father Seamus is also well-known around Portlaoise sporting circles, having co-founded Portlaoise AFC in 1966.Talking to Brendan we realised that no matter how international his career gets, he still shows that he has his roots firmly grounded in Laois – with his favourite sporting moment being Laois beating Dublin in the 2003 Leinster semi-final. 1. When did you know that you wanted to be a sports journalist?It took me a while to figure that out. I started and dropped out of two college courses – Business and Leisure Management in DIT and Social Science in UCD – before I took some time out to work in the UK and take a deep breath. WhatsApp TAGSBrendan O’BrienIrish ExaminerSports Journalism Facebook Rugby center_img Twitter By Siun Lennon – 11th February 2018 Laois County Council team up with top chef for online demonstration on tips for reducing food waste WhatsApp Council Pinterest Community RELATED ARTICLESMORE FROM AUTHOR My Job & I: National sports journalist Brendan O’Brien on a very privileged position Ten Laois based players named on Leinster rugby U-18 girls squadlast_img read more

OSFI updates derivatives guideline

first_img Canadian policymakers’ efforts to adopt global reforms designed to enhance the oversight and stability of derivatives markets have moved forward with federal regulators issuing revised guidance. The Office of the Superintendent of Financial Institutions (OSFI) Friday issued the final version of its revised guideline on firms’ derivatives activities, which reflects reforms to the over-the-counter (OTC) derivatives markets agreed at the G20 level. Among other things, the updated guideline sets out OSFI’s expectations for central clearing of standardized OTC derivatives, and for reporting derivatives data to a trade repository. CSA seeks changes to derivatives rules James Langton CSA delays margin requirements for OTC derivatives In response to the economic and financial crisis, G20 leaders initiated a series of reforms to the global OTC derivatives market in an effort to improve transparency, mitigate systemic risk, and protect against market abuse. In particular, the G20 agreed that OTC derivatives should be moved onto exchanges as much as possible, that they should be centrally cleared, and that non-centrally cleared contracts should face higher capital requirements. “The derivatives market is a truly global market that is part of the core business in the domestic and cross border operations of many [financial firms],” OSFI says. “Accordingly, it is imperative that there are comparable and equivalent regulations and rules across jurisdictions in order to provide a level playing field for all counterparties to function.” The regulator notes that the revised guideline also reflects current risk management practices with respect to derivatives. OSFI says that it expects an institution’s risk management practices and measurement techniques will depend on the nature, size, and complexity of its derivatives activities. It also recognizes the distinction between the regulatory requirements for dealers in the derivatives market, and firms that are primarily end-users of derivatives. OSFI says that in the year ahead it is also planning to adopt the international approach to setting margin requirements for non-centrally cleared derivatives. This may also involve future revisions to its guidance, to ensure that a consistent and comprehensive set of rules apply to the OTC derivatives activities of banks and other financial institutions. The guideline officially took effect on Nov. 1, 2014, in order to coincide with the derivatives data reporting requirements imposed by provincial securities regulators. Share this article and your comments with peers on social mediacenter_img Derivatives markets grow, ESMA reports Keywords Over-the-counter securities and derivativesCompanies Office of the Superintendent of Financial Institutions Related news Facebook LinkedIn Twitterlast_img read more

Traditional financial services firms look to embrace fintech

first_img Share this article and your comments with peers on social media Beatrice Paez Mogo to acquire investing app Facebook LinkedIn Twitter Related news Estateably expands to Alberta That was the message from Andrew Irvine, head of Canadian banking and BMO partners with Toronto-based Bank of Montreal (BMO), during a panel discussion at the Toronto Region Board of Trade’s fintech symposium in Toronto on Monday. “The narrative is one where we’re embracing fintech,” Irvine says. “Two, three years ago, the narrative we heard was of this fear of disruption.” There may be growing pains in trying to adapt new technology to make it compatible with existing operations, he notes, but that’s a challenge all traditional financial services firms face. Read: Toronto facing challenges in growth as a global fintech centre “We’d rather disrupt ourselves than have someone else disrupt us,” Irvine says, citing the bank’s launch of its own robo-advisor platform, BMO SmartFolio. David Rawlings, CEO of J.P. Morgan Chase Canada, who was also among the panelists, echoed Irvine’s assessment of the industry’s pivot toward cozying up to fintech firms — especially those that are far more capable of solving a particular issue much faster than if established institutions started from scratch. “My guess is we’ll partner more than buy over time, and help those companies scale,” Rawlings says. “We may take an investment and help you scale, but that’s where we’re trying to be different.” J.P. Morgan provides an in-house residency for startups to further develop their products or services over the course of six months using the firm’s resources while they retain a majority stake in their company once it hits the market, Rawlings adds. Last year, BMO launched a similar initiative in partnership with the Digital Media Zone at Ryerson University in Toronto. As part of the program, six fintech startups have four months to pilot their technology and secure venture capital funding through BMO’s network. Fintech startups may be accelerating the pace at which the establishment adopts new technologies, but Toronto’s march to become a high-ranking, global leader in fintech may owe some credit to Canada’s big banks, which have increasingly worked to back fintech startups while giving them room to remain independent. “We’re seeing more emphasis on trying new capabilities, more willingness to do that,” Irvine says. “The velocity of activity has really moved. Toronto is becoming much more attractive as a place to establish a fintech business, and a big part of that [push] is [from] the Canadian banking system.” Photo copyright: adiruch/123RF As financial services institutions deepen their engagement with digital innovation, the once-prevailing narrative of financial technology (fintech) as a disruptive force that would undercut incumbents’ grip on the industry has given way to increased collaboration between these two groups. Keywords Fintech Canadians slow to adopt fintech Wealthsimple’s peer-to-peer app goes nationallast_img read more

Athabasca University to provide FPSC-approved curriculum online

first_img Keywords CFP,  Financial planningCompanies Financial Planning Standards Council FSRA updates title reg proposal FP Canada, IQPF update projection assumption guidelines amid pandemic “Light planning” could expand access to financial advice Related news The Financial Planning Standards Council (FPSC) has announced that Athabasca, Alta.-based Athabasca University (AU) will be the first education provider to offer FPSC-approved core curriculum courses through an online degree program. The core curriculum program is comprised of eight courses that are part of AU’s updated online Bachelor of Commerce degree program. The courses will qualify students for FPSC Level 1 Certification in Financial Planning and are the first step to earning a CFP certification. Despite the online nature of the program, students will be able to access professors, a student-support centre and a help desk for guidance on course content and exam preparation, the FPSC says in a news release. “Many of our students see great value in earning the CFP designation, says Deborah Hurst, Dean of AU’s Faculty of Business, in a statement. “It’s a certification that is increasingly relevant and we expect demand for CFP professionals to increase dramatically across Canada.” AU has always adopted a “digital first” approach towards education, Hurst says. “We’re seeing every sector of industry and society move to a similar model for developing competitive advantage,” she adds. Students who complete the core curriculum courses and the FPSC Level 1 Examination in Financial Planning can apply to become FPSC Level 1 Certificants in Financial Planning, the FPSC says. Students who finish an FPSC-Approved Capstone Course and the CFP examination, in addition to three years of qualifying work experience, can also apply for CFP certification. “AU’s online delivery model expands the opportunities for students from across the country to pursue a degree at the same time they pursue a career as a professional financial planner, regardless of their geographical location,” says Cary List, FPSC president and CEO, in a statement. For a list of current FPSC-approved core curriculum providers, please visit the Directory of FPSC-approved Core Curriculum Providers. Photo copyright: deniskot/123RF Leah Golob Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

NEI makes changes to mutual fund lineup

first_imgbusinessman analyzing investment charts with laptop nonwarit/123RF NEI Jantzi Social Index Fund (formerly Meritas Jantzi Social Index Fund)NEI U.S. Equity Fund (formerly OceanRock U.S. Equity Fund) NEI International Equity Fund (formerly Meritas International Equity Fund)NEI Select Income Portfolio (formerly OceanRock Income Portfolio)NEI Select Growth & Income RS Portfolio (formerly Meritas Growth & Income Portfolio)NEI Select Growth & Income Portfolio (formerly OceanRock Growth & Income Portfolio)NEI Select Maximum Growth RS Portfolio (formerly Meritas Maximum Growth Portfolio) Keywords Mutual fundsCompanies Aviso Wealth Inc., Northwest & Ethical Investments LP Anne-Marie Vettorel Share this article and your comments with peers on social media Toronto-based Northwest & Ethical Investments L.P. (NEI), the asset-management arm of Aviso Wealth Inc., has announced a number of changes to its mutual fund lineup.NEI became the manager and trustee of several mutual funds formerly managed by OceanRock Investments Inc. effective Oct. 26: Franklin Templeton launches new real asset fundcenter_img Related news Also readAviso Wealth aims to attract advisors from the banks, independent firms and insurersNEI’s preferred pricing program has expanded to cover the entire NEI fund lineup, and will become available on or about Dec. 3. It covers:NEI Select Income RS PortfolioNEI Select Income & Growth RS PortfolioNEI Select Income & Growth PortfolioNEI Select Balanced RS PortfolioNEI Select Balanced PortfolioNEI Select Growth RS PortfolioNEI Select Growth PortfolioNEI Select Maximum Growth Portfolio,as well as any of the aforementioned newly acquired funds.“Investors today expect pricing that reflects fair value for the products they invest in,” Fred Pinto, senior vice president and head of asset management of NEI, says in a statement. “NEI’s preferred pricing program fully meets the expectations of investors who have placed their confidence in our active management approach.”Effective on or about Jan. 21, 2019, NEI Canadian Small Cap Equity Fund will be sub-advised by Laurus Investment Counsel Inc.“Laurus is a boutique shop built by experienced portfolio managers who focus solely on generating superior performance in the small cap space,” Daniel Solomon, senior vice president and chief investment officer of NEI, says in a statement. “This change demonstrates NEI’s commitment to providing strong, institutional-quality portfolio managers across all asset classes.”Effective immediately, Series B units of NEI Select Income RS Portfolio, NEI Select Income & Growth Portfolio, NEI Select Balanced Portfolio, NEI Select Growth Portfolio and NEI Select Maximum Growth Portfolio will be closed to new purchases (other than payments made through existing pre-authorized payment plans; investors with these plans will have their plans automatically reclassified to purchase Series A or Series P units).The same is true of Series T units of NEI Select Income Portfolio, NEI Select Growth & Income RS Portfolio and NEI Select Growth & Income Portfolio. They will be closed to new purchases, and any existing pre-authorized payment plans will be automatically re-established to purchase Series A units of the same fund. If investors meet the minimum thresholds for Series P units, those will be selected instead of Series A.NEI has also made changes to its responsible investment policy, including adding screens against gambling and pornography to funds designated with RS (responsible screens) in their name (which already exclude investments in tobacco, nuclear power and weapons). Facebook LinkedIn Twitter Purpose looks to fill retirement income gap with longevity fund IG Wealth amends product shelflast_img read more