​Danish schemes see returns moderating in 2020 after 15% last year

first_img“However, it is our clear expectation that the Danes will get used to more moderate returns in the next few years,” he said.PensionDanmark said it had been continuously adjusting its investment strategy in line with falling interest rates, and had increased its investment in renewable energy infrastructure, property and other assets.Anders Schelde, CIO of MP Pension, said his pension fund’s high return had been particularly driven by a very strong stock market, which had produced a 30% return alone in 2019.“But pretty much all of our investments had tailwinds,” he said, adding that even real estate, which was the poorest-performing asset class, ended the year with a 9% gain.With the US election due in 2020, geopolitical turmoil and a looming conflict in the Middle East, Schelde said it was very difficult to predict what would happen this year.“It is our clear expectation that the Danes will get used to more moderate returns in the next few years”Torben Möger Pedersen, chief executive officer of PensionDanmark“However, we are still confident and are aiming for a return in positive territory in 2020, but the risk of more extreme outcomes in both directions has increased,” he said.Between 2009 and 2019, MP Pension said it produced an average annual return of 9%.At Danica Pension, investment director Poul Kobberup said 2019 had gone well for the Danske Bank subsidiary’s customers, partly because of falling interest rates and partly on the back of equity price increases in the period.“At the same time, we at Danica Pension have stuck to our long-term strategy, and we have invested more of our customers’ pension savings into alternative investments, which for several years have produced good, stable returns – and in green investments,” he said.Kobberup said the pensions firm, therefore, expected to maintain its long-term strategic approach to the investment mix in 2020.“On top of a really good year in 2019, however, we will probably see more normal returns in 2020,” he warned. Pension funds in Denmark are publishing early reports of unusually high 2019 investment returns on the back of strong markets all round, while dampening expectations that last year’s success can be repeated in 2020.Labour-market pension fund PensionDanmark reported a 15.7% pre-tax return for scheme members with 15 years to retirement and a medium-risk investment profile in 2019, and the fund for academics, MP Pension, said its DKK16.4bn investment return for last year equated to a return of 15%.Meanwhile, Danica Pension – the country’s second biggest commercial pension fund – announced customers with low-risk profiles and five years to retirement received a 9.9% return for last year, while those with high-risk profiles and 30 years to retirement made a 25.5% gain.Torben Möger Pedersen, chief executive officer of PensionDanmark, said the 2019 return was equivalent to about three to four years of normal return in one year.last_img read more

49ers vs. Seahawks final score: Seattle wins instant classic on last-second OT field goal

first_imgD.J. Jones uses his grown man strength for the sack! #GoNiners @djjones_44📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VG2nT7 pic.twitter.com/EYV5S3rdIp— NFL (@NFL) November 12, 20198:31 p.m.: FIELD GOAL, 49ers. San Francisco’s drive stalls, and 49ers kicker Chase McLaughlin — filling in for the injured Robbie Gould — connects from 43. San Francisco 3, Seattle 0.8:21 p.m.: A defensive holding penalty wipes off an interception by cornerback Shaquill Griffin. The 49ers drive continues. 8:17 p.m.: San Francisco begins with the ball following a touchback. The Seahawks and 49ers played past midnight on the East Coast on Monday night, needing until the final second of overtime to decide a winner. Seattle kicker Jason Myers put a 42-yarder through the uprights to take a 27-24 win, dishing the 49ers their first loss of the season and tightening the NFC West race.San Francisco was in position to win the game on the prior drive, but rookie kicker Chase McLaughlin — filling in for an injured Robbie Gould — badly shanked a 47-yard field goal attempt. MORE: Three takeaways from the Seahawks’ win in OT thrillerThat was one of many wacky plays Monday. There were two scoop-and-scores (one by each team) and two turnovers inside the red zone (both by Seattle).San Francisco raced to a 10-0 lead, but the Seahawks scored 21 points in a row to take a 21-10 lead to the fourth quarter. After the 49ers evened the game again, the teams traded field goals on their final drives to head to overtime.There were five possessions in the extra period. Seattle was at the 14-yard line on the first drive, but Wilson threw his second interception of the season. A missed field goal and two punts later, the Seahawks got another chance, and they delivered.Sporting News tracked live scores, updates and highlights from the NFC West classic on “Monday Night Footbal.”49ers vs Seahawks score Q1Q2Q3Q4OTFinal49ers100014024Seahawks0714332749ers vs. Seahawks live updates, highlights12:06 a.m.: FIELD GOAL, Seahawks. Jason Myers makes a game-winning 42-yarder to cap a great back-and-forth affair. Seattle tightens the NFC West race and dishes the 49ers their first loss of the season. Seahawks 27, 49ers 24.THE GAME WINNER.42 YARDS.@SEAHAWKS WIN! #Seahawks #SEAvsSF pic.twitter.com/FdijK2Nueb— NFL (@NFL) November 12, 201912:04 a.m.: Seattle will attempt a 42-yard field goal on the final play of the game.12:03 a.m.: Wilson scrambles for 18 yards on third-and-3, and the Seahawks are inside the 25 after a couple more plays.Russ runs into 49ers territory. #Seahawks📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VG2nT7 pic.twitter.com/22JMJhkqRw— NFL (@NFL) November 12, 201912:00 a.m.: Happy Tuesday, everybody. San Francisco goes three-and-out on a trio of Garoppolo incompletions. The 49ers took 25 seconds off the clock, and Seattle has the ball at its own 36 with 1:25 left.11:58 p.m.: Wilson’s pass is broken up on third-and-2. Not the best punt, and the 49ers take over on their own 20 with 1:50 to play and one timeout.11:55 p.m.: The Seahawks are on their own 45 at the 2-minute warning.11:53 p.m.: MISSED FIELD GOAL, 49ers. McLaughlin’s 49ers debut had been going well, but he badly misses a 47-yarder for the win. The discussion will be about the third-and-2 play that led to it, which was ruled short of the first down but easily could’ve gone the other way. It stood following a review.Parecía que @49ers podía ganar pero… ¡LO FALLÓ! 😱24-24 #SEAvsSF #NFLMX #GoNiners #NFL100 pic.twitter.com/9zKI7AtSEI— NFL México (@nflmx) November 12, 201911:47 p.m.: Garoppolo hits Raheem Mostert to convert a third-and-6, and the 49ers are at the 30-yard line one play later.11:44 p.m.: INTERCEPTION, 49ers. Wilson doesn’t put enough air under his pass, and Dre Greenlaw makes a great play to pick it off. Then, Greenlaw returns it just across midfield. Another massive play by the 49ers defense.INTERCEPTED!The @49ers pick it off and return it across the 50! #GoNiners @DreGreenlaw📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VGjZhH pic.twitter.com/9n0zwDex9r— NFL (@NFL) November 12, 201911:42 p.m.: The Seahawks are in the red zone. Wilson saved the NFL from some controversy by nullifying a dodgy “in the grasp call” and converting a third-and-16.11:35 p.m.: Seattle wins the coin toss and will begin overtime with the ball. If you’re new here, a touchdown on the first drive wins the game, but the 49ers get the chance to answer a field goal.End fourth quarter: Seahawks 24, 49ers 2411:29 p.m.: FIELD GOAL, 49ers. Garoppolo and the offense do just enough on play after play, and the rookie McLaughlin hits a 47-yarder to tie the game with 1 second left in regulation. This game has lived up to the hype. Seahawks 24, 49ers 24.CHASE MCLAUGHLIN.The undrafted rookie ties it from 47 yards out! #GoNiners📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VGjZhH pic.twitter.com/CqNUmUO0t3— NFL (@NFL) November 12, 201911:25 p.m.: Garoppolo’s first pass of the drive should’ve been intercepted but instead goes right through the hands of a Seahawk defender and falls incomplete.11:23 p.m.: FIELD GOAL, Seahawks. The 49ers get a huge stop on third-and-1, but Seattle goes up a field goal with 1:45 to play. Seahawks 24, 49ers 21.11:05 p.m.: FIELD GOAL, 49ers. Bourne drops another would-be first down, and San Francisco settles for a game-tying field goal. Seahawks 21, 49ers 21.10:51 p.m.: SCOOP-AND-SCORE, 49ers. San Francisco scores on an absurd play. The D-line swarms Wilson, who fumbles the ball into the hands of offensive tackle Germain Ifedi. Fred Warner promptly punches the ball away from Ifedi, DeForest Buckner picks it up and is in the end zone shortly after. The 2-point conversion is good. Seahawks 21, 49ers 18.What just happened…?!TOUCHDOWN, @49ers defense! #GoNiners📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VGjZhH pic.twitter.com/uHBN5UxDf3— NFL (@NFL) November 12, 2019End third quarter: Seahawks 21, 49ers 1010:36 p.m.: TOUCHDOWN, Seahawks. The short field turns into points, as Carson plunges in from inside the 1-yard line. Seahawks 21, 49ers 10.10:32 p.m.: FUMBLE, 49ers. Clowney’s monster game continues. He swats the ball away from Garoppolo, and the Seahawks fall on it.CLOWNEY COMIN’ 😤😤😤 @clownejd📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VG2nT7 pic.twitter.com/E0aeERufje— NFL (@NFL) November 12, 201910:26 p.m.: TOUCHDOWN, Seahawks. Wilson scrambles to get a first-and-goal. Then, he lobs a pass into the end zone, where Jacob Hollister comes down with a one-handed catch to give Seattle its first lead of the night. Seahawks 14, 49ers 10.With @DangeRussWilson … the play is never over. 😳 #Seahawks take the lead!📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VGjZhH pic.twitter.com/5jqOT7MzOb— NFL (@NFL) November 12, 201910:23 p.m.: INTERCEPTION, Seahawks. Bourne has a pass go off his hands and into the hands of Quandre Diggs, who was just traded to Seattle from the Lions. Diggs returns it to inside the red zone.The @Seahawks defense comes up BIG.Quandre Diggs intercepts Garoppolo and returns it inside the red zone. @qdiggs6 #Seahawks📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VGjZhH pic.twitter.com/rhU4sG8cQM— NFL (@NFL) November 12, 201910:12 p.m.: Another sack on third down ends a Seattle drive.10:07 p.m.: TURNOVER ON DOWNS, 49ers. On fourth-and-2 in no-man’s land, Garoppolo throws incomplete.10:01 p.m.: FUMBLE, Seahawks. Rashaad Penny coughs it up just across midfield, and the 49ers recover. Another big stop from San Francisco.Another turnover for the stout @49ers defense 💪 #GoNiners📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VGjZhH pic.twitter.com/d5NvjLus06— NFL (@NFL) November 12, 201910:00 p.m.: Seattle begins with possession in the second half.Halftime: 49ers 10, Seahawks 79:34 p.m.: DK Metcalf was inside the 5-yard line, but then Jaquiski Tartt ripped the ball away from him. The play was whistled dead on the field but overturned. A huge play to help preserve San Francisco’s lead at the half.Jaquiski Tartt strips DK at the goal line! 😱Big turnover for the @49ers defense. #GoNiners @Quaski29📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VG2nT7 pic.twitter.com/0Nr5t6ixVM— NFL (@NFL) November 12, 20199:23 p.m.: SCOOP-AND-SCORE, Seahawks. Jadeveon Clowney picks up a sack-fumble forced by Jarran Reed and goes 10 yards into the end zone to get Seattle on the board and inject some life into the game. 49ers 10, Seahawks 7.SCOOP AND SCORE.Jarran Reed forces and @Clownejd takes the fumble to the house! #Seahawks @1j_reed📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VG2nT7 pic.twitter.com/SLVEGMEnch— NFL (@NFL) November 12, 20199:11 p.m.: Already missing George Kittle, the 49ers offense takes another hit.Emmanuel Sanders (rib) questionable to return— Jonathan Jones (@jjones9) November 12, 20199:04 p.m.: San Francisco brings a blitz on third down and earns its second drive-ending sack.Comin’ in HOT 🔥 @fred_warner with authority 😤 #GoNiners pic.twitter.com/ytApBFR3Dx— San Francisco 49ers (@49ers) November 12, 2019End first quarter: 49ers 10, Seahawks 08:53 p.m.: The 49ers force another three-and-out. Seattle’s time of possession in the first quarter will be less than four minutes.8:48 p.m.: TOUCHDOWN, 49ers. San Francisco goes 83 yards on seven plays. The only third down was a third-and-8 from the 10-yard line, which ended with a 10-yard touchdown pass to Kendrick Bourne. 49ers 10, Seahawks 0.Bourne to score TDs. 🙌 @BournePoly11 @49ers up 10-0 in the first quarter. #GoNiners📺: #SEAvsSF on ESPN📱: NFL app // Yahoo Sports appWatch free on mobile: https://t.co/SlB0VG2nT7 pic.twitter.com/83zmflFdcr— NFL (@NFL) November 12, 20198:35 p.m.: DJ Jones destroys backup center Joey Hunt and takes down Wilson on third down. Seattle goes three-and-out.last_img read more

Cape Palmas High in Ruins

first_imgThe leading school in Maryland County, which bears the name of the provincial capital, Harper High, is reported to be in ruins, causing the school to be relocated to a locality that appears not to be conducive for learning.The principal of the school, Barbayon K. Bartue, told the Daily Observer in Harper City that the relocation of the school is hampering smooth learning activities, where students can no longer sit in class because the present campus is not fenced.He said whenever the building is renovated it is destroyed in less than a year, making it necessary for the relocation of the school.“Storms always damage the building every season and even some of the walls are hanging, which we cannot afford to be under,” he said.“The Harper High School has been dilapidated for years, but nothing much has been done to have the building rehabilitated,” he explained.The school is located at the bank of Lake Shepard, where most of the trees have been washed away by the sea.There is a small level of renovation going on, but the progress is so slow that, if no good intervention from the government is made, the school will not be available for the next academic year, the principal said.Reports suggest that the county has not been able to convene a County Council Sitting this year.Some local officials who spoke to this reporter on condition of anonymity explained that the county council was held, but they did not have a quorum, owing to the absence of some officials that he did not name.But Superintendent Betsy T. Kuoh–Toe of Maryland County refuted the claim, saying that the December 1, 2015 County Council Sitting was well attended and decisions were reached by delegates.Concerning the renovation of the school, she said a construction firm has been hired to do the renovation, mainly on the roof, which is her main focus.She added that to avoid renovating the school every year, they have decided to buy durable zinc for the roofing so as to resist the sea, which causes damage to the roof after every renovation. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more