UK roundup: Lancashire County Council, KFIM, HSBC Life

first_imgThe UK’s Lancashire County Pension Fund has bought an industrial estate in the north of England through Knight Frank Investment Management (KFIM) for £7.8m (€9.7m) from Anglesea Capital and Hudson Advisors.The purchase price of the 142,220ft2 multi-let Walton Summit Industrial Estate in Preston, Lancashire, reflected a 7.3% yield, said KFIM.The estate is occupied by chemicals manufacturer Evans Vanodine, courier company Yodel and brewing equipment firm Three Nations.Lewis Ellis acted for KFIM in the deal, and CBRE represented the seller.  Meanwhile, HSBC Life (UK) – a subsidiary of the HSBC Holdings group – is selling its UK pensions manufacturing business to Admin Re Group, part of the Swiss Re Group.A spokesman for HSBC said the sale was part of the bancassurance strategy HSBC Holdings had been following for the last few years, aimed at simplifying the business and deploying capital more effectively.The UK subsidiary will continue to offer pension products, but no longer package them itself, he said.Under the terms of the transaction, HSBC will sell its corporate and individual pensions policies, and an associated annuities book.Around £4.2bn of underlying assets under management formed part of the deal, and about £4bn of this was managed by HSBC Global Asset Management (UK), the group said.HSBC Global Asset Management will continue to be the investment manager of these underlying assets.The deal also included a reinsurance agreement with ReAssure whereby HSBC has transferred certain economic risks and rewards of the business to ReAssure from 1 January 2014 until the deal completes.The transaction is subject to regulatory and law court approvals and is expected to complete in the second half of 2015.last_img read more

Tiger documentary debuts in December, Uchitel to speak

first_img Read Also:Ronaldo shows off ripped body as he recovers from AC Milan loss “After months of research and countless hours of revelatory conversations, we discovered that he has always been a projection of outsized expectations. His father, his sponsors, and his fans all made Tiger Woods into whom they wanted him to be. “Our goal was to dive deeper and create an unflinching and intimate portrait of a man, who like all of us, is imperfect and inherently human.” FacebookTwitterWhatsAppEmail分享 A two-part documentary detailing the rise, fall and epic comeback of 15-time major golf champion Tiger Woods will debut in December, producers announced Thursday. Rachel Uchitel, who was at the center of a sex scandal that erupted around Woods in November 2009, will be “breaking her silence for the first time” in the film, according to a release announcing the project. Woods apologized in a February 2010 televised statement for cheating with multiple mistresses on then-wife Elin Nordegren. The couple divorced six months later. Promoted Content10 Risky Jobs Some Women DoWhich Country Is The Most Romantic In The World?Tarantino Wants To End His Career With This Movie?8 Scenes That Prove TV Has Gone Too Far6 Ridiculous Health Myths That Are Actually TrueBirds Enjoy Living In A Gallery Space Created For ThemCan Playing Too Many Video Games Hurt Your Body?The Funniest Prankster Grandma And Her Grandson7 Universities Where Getting An Education Costs A Hefty Penny7 Ways To Understand Your Girlfriend Better8 Things You Didn’t Know About Coffee7 Black Hole Facts That Will Change Your View Of The Universe The project is based upon the book on Woods by Jeff Benedict and Armen Keteyian and includes never-before-seen footage plus interviews with former Woods caddie Steve Williams and six-time major winner Nick Faldo among others. The documentary charts Woods from his toddler days swinging clubs on television through injury fears that left him wondering if he might ever walk normally again to his current comeback, set to resume at next week’s US PGA Memorial tournament. Woods has matched the career record 82 US PGA Tour wins of legend Sam Snead and his all-time major total ranks behind only the record 18 won by Jack Nicklaus. “Since his introduction to the world at the age of two, Tiger Woods has inhabited our collective consciousness as a prodigy, a pioneer, a champion, a global icon, and then a tabloid headline,” the directors said in a statement.center_img Loading… The documentary will debut on HBO on December 13, four weeks after the scheduled final round of the 2020 Masters. Woods is set to defend the green jacket he won last year at Augusta National, completing his return from severe back injuries with his first major win since 2008. The conclusion will air December 20, only 10 days before Woods’s 45th birthday. HBO Sports and Jigsaw Productions will create the biopic with Academy Award winner Alex Gibney among the executive producers and Emmy winner Matthew Heineman and Emmy nominee Matthew Hamachek directing the film. It follows blockbuster ratings for a six-part documentary on Michael Jordan that was released during the coronavirus pandemic while most sports were shut down.last_img read more

Svenska Spel delivers major venue upgrade by going cashless with IGTPay

first_imgShare Svenska Spel has ushered in a ‘new era of gaming’ by announcing that it has deployed IGT’s ‘IGTPay’ cashless payment provisions across its venues. Sweden’s gambling monopoly has amplified its venue payments capacity, having recently upgraded its VLT operating platform to IGT’s ‘INTELLIGEN’ and Quasar systems.The upgrade enables Svenska Spel customers to have the option to transact safely and securely with VLT terminals through their mobile devices.  “Launching IGT’s cashless product provides our players with a reliable, cutting-edge cashless solution that connects directly with the Swish mobile app, helping us drive efficiencies while responsibly advancing the player experience,” said Magnus Lannersund, Director of VLT Operations at Svenska Spel AB.Since 2018, IGT has led the technology-focused ‘modernisation project’ of Svenska Spel venues, undertaking an upgrade of circa 5000 VLTs in gaming halls across Sweden.Further project upgrades have seen IGT overhaul Svenska Spel’s retail player management provisions and improve venue end-to-end maintenance, installing its centralised Quasar system.Svenska Spel has branded IGTPay’s cashless deployment as a major corporate directive, streamlining its venue’s engagement for modern consumers, while also being fully compliant with Swedish laws on cashless transactions.  Ryan Reddy, IGT Vice President, Systems and Payments Products, added: “As the relevance of cashless and contactless gaming innovations continues to grow, technologies such as IGT INTELLIGEN with IGTPay become critical components of the player experience, and solutions that can bring tremendous value to our global customers.“We have established a dedicated Payments Team to ensure that customers such as Svenska Spel are equipped with IGT solutions and services that deliver modern payment options that align with consumer expectations and future business opportunities.” Submit Svenska Spel becomes 2020 eHockey Championship sponsor August 18, 2020 Jason Ader – No Boogeyman… Activism will play a vital part in reshaping gambling August 20, 2020 LeoVegas hits back at Swedish regulations despite Q2 successes August 13, 2020 Share Related Articles StumbleUponlast_img read more

Jack Taylor Scores 109 Points for Grinnell

first_imgThis photo provided by Grinnell College shows Jack Taylor driving for a layup. (AP Photo/Grinnell College, Justin Hayworth)GRINNELL, Iowa (AP) — Jack Taylor renewed his membership in the Century Club.Taylor scored 109 points for Division III Grinnell College on Sunday, shooting 24-for-48 on 3-pointers in a 173-123 win over Crossroads. He poured in 53 during the first nine minutes of the second half.The 5-foot-10 guard from Black River Falls, Wis., set an NCAA record for any level by scoring 138 points last Nov. 20 in a 179-104 win over Faith Baptist Bible College.The only other player to score more than 109 in an NCAA game was Rio Grande’s Clarence “Bevo” Francis, who had 113 against Hillsdale in 1954.Against Crossroads College, in Rochester, Minn., Taylor was 35 of 70 overall from the field while playing only 29 minutes. He made 15 of 17 foul shots.“Just like last year, I couldn’t have done this without my teammates,” Taylor said. “I give so much credit to them. This truly was a team effort. I’m thankful for the program and the people I have playing with me.”Taylor scored 71 points in the Pioneers’ 144-99 victory Friday in the season opener against Finlandia.last_img read more