Is IT coming back?

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Historical wooden wonder home

first_img388 Rode Road, ChermsideIt is not the only historical feature that remains, which also features French bay windows and stained leadlight glass doors. The home will go under the hammer at an auction on Saturday, February 17 at 2pm 388 Rode Road, Chermside Qld 4032AN HISTORICAL home in Brisbane’s northern suburbs has an eye-catching feature that you will not find in many modern houses. 388 Rode Road, ChermsideBut as soon as you set foot inside the 1940s built home you will see what makes it very different. 388 Rode Road, ChermsideThe original pine VJ walls have remained untouched throughout the decades, giving an interior that looks similar to the walls of a sauna. center_img 388 Rode Road, ChermsideThe home at 388 Rode Road in Chermside might look like the thousands of other old Queenslander style homes that fill Brisbane’s older suburbs.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach Northless than 1 hour agoNew apartments released at idyllic retirement community Samford Grove Presented by 388 Rode Road, ChermsideThe pine spreads across the entirety of the walls and the floors of the two-bedroom home, which sits on a 610 sqm block at the heart of Chermside. last_img read more

Wellcome Trust returns 18.8% after taking Brexit bet on sterling

first_imgThe Wellcome trustees’ report said: “Tactically, we viewed the risk to sterling from the referendum to be asymmetric and reduced our sterling exposure (including hedges) to an all-time low ahead of the vote. Sterling’s subsequent depreciation and the generally steady performance in underlying assets enabled us to record a sterling return in the year of 19%.”At end-September, 58.1% of Wellcome’s portfolio was denominated in US dollars, compared with 23.8% in sterling.Asian currencies made up 8.5%, with a further 4.1% in European currencies.The report said: “Our global diversification enabled us take advantage of the sharp depreciation of sterling over the year. It also provided the rating agencies with the confidence to maintain our coveted AAA/Aaa (stable) credit rating, even as they were downgrading that of the UK government.”Danny Truell, managing partner of investments at the Wellcome Trust, said: “The portfolio has again performed well in a difficult environment for many investors. The decision to reduce home country bias and to diversify assets and geographical exposure has borne fruit.“Although future investment returns are unlikely to match recent experience, we remain confident the portfolio should generate sufficient cash flows to insulate the trust from potentially more difficult conditions.”In terms of performance by individual asset classes, public equities – 50.5% of the portfolio at end-September – were led by growth markets with a 29.9% return, followed by global (28.6%) and developed world equities (24.6%).But all these were lower than the MSCI AC World return of 31.3%.In their report, the trustees criticised the “poor” performance of their outsourced public equity strategies.The report said: “Of our 11 external equity managers, with £4.2bn of our investments, eight underperformed against their reference benchmarks, in each case by at least 5%. Although nine of the 11 are still ahead of their benchmarks over five years, warning bells are sounding.”And it said active public equity managers, particularly in the US and Europe, were confronting three powerful and correlated headwinds: a long-term structural bias against mega-cap companies, performance measurement periods that engender pro-cyclical behaviour; and the accelerating shift from active to passive index management.Over the past decade, the trust has reduced its external active management in global and developed market mandates from 85% to around 20% of its public market exposure.In contrast, all five of its external managers for emerging market equities have beaten their benchmark since inception.The best-performing class for private equity – which as a whole makes up 25.2% of the trust’s portfolio – was large buyouts, with a 34.9% sterling return (though the US dollar return was 15.6%); mid buyouts and specialist returned 25.7% and 24.9%, respectively, compared with an MSCI AC World return of 31.3%.But hedge funds made -0.7% over the period, the only strategy boasting positive results being directional funds, with a 0.8% return.Hedge fund exposure has been more than halved from 23% in 2008 to 10.7% in 2016, with some funds sold to increase exposure to equities.Wellcome’s real estate portfolio failed to repeat the double-digit returns of the previous year, with a 3.2% return for the year to end-September: 3.6% for residential, and 0.5% for non-residential, portfolios.Residential property – concentrated in prime central London units – makes up just over half the allocation.Over the year, the allocation to property fell by 2.7%, to 10.2% of the overall portfolio.The report said: “Uncertainty induced by the impact of Brexit and downward pressure on London super-prime residential activity created by higher taxes caused headwinds for our predominantly UK property interests. Active management enabled us to record modest positive returns.“Uncertainty about Brexit might well create further attractive opportunities for our patient long-term capital.” A tactical bet on the outcome of the UK’s EU referendum helped push investment returns at the Wellcome Trust – the UK’s largest charity – to 18.8% for the year to 30 September, compared with 6.1% for the previous year, and taking its investment assets to £20.9bn (€24.9bn).The results take the annualised return over three years to 13.3% per annum, and over five years to 14% per annum.While not predicting the “surprise result” of the EU referendum, the trust said it had already diversified its portfolio globally over the past decade to reduce significantly any home country bias.But this policy was intensified in the run-up to last June’s vote.last_img read more

Iheanacho happy at Leicester City

first_imgRelatedPosts Fulham keen on Lookman loan deal EPL: Calvert-Lewin treble fires Everton past West Brom EPL: Everton set to compound West Brom woes Leicester City striker Kelechi Iheanacho has said that he is happy at the King Power Stadium despite acting as a back-up to Jamie Vardy.Iheanacho scored his first Premier League goal of the season against Everton on Sunday to secure Leicester a 2-1 win.In an interview after the game, Iheanacho said: “Being, maybe you can call it, a back-up striker or support striker to them is something I am happy to be.“I am happy here, everyone is happy.”Iheanacho joined Leicester from top-four rivals Manchester City for £25 million in 2017 but has only managed five league goals in 16 starts.The Nigerian’s goal on Sunday was his first this calendar year, but it kept Leicester just eight points adrift of Premier League leaders Liverpool.Tags: Evertonlast_img

Dele Alli’s Brace Ends Chelsea’s Unbeaten Run

first_imgIn-form midfielder Dele Alli scored two near-identical headers as Tottenham Hotspur beat Chelsea 2-0 in London last night to torpedo the Premier League leaders’ hopes of a record 14th consecutive victory.Chelsea were bidding to become the first team to win 14 successive games within the same English top-flight season, but Alli’s goals, both set up by Christian Eriksen, brought them down to earth.“We were competitive against a team in very good form, one of the best in Europe, and we feel very proud and pleased because the performance was very solid,” said Spurs manager Mauricio Pochettino. Antonio Conte’s Chelsea must content themselves with having equalled Arsenal’s season record of 13 wins in a row from 2001-02 and they remain five points clear of second-place Liverpool.But the end of their winning streak will give hope to their pursuers, not least Tottenham, who rose above Manchester City and Arsenal to third place in the table, seven points below the leaders.“It is a pity to stop this run, but Tottenham is a good team, a really strong team and I think is for sure one of the teams that can fight for the title until the end,” Conte told Sky Sports.“My team are top of the table because we are working a lot. This league is very tough and it is important to continue to work.”Alli, 20, has now scored braces in three successive games and his latest double allowed Pochettino’s men to register a fifth win in a row — their best such run in nearly a year.It also enabled Spurs to claim a measure of revenge, both for their 2-1 defeat at Chelsea in November and the fiery 2-2 draw at Stamford Bridge last May that ended their title challenge.Pochettino, meanwhile, could celebrate his 150th Premier League game as a manager with a deeply satisfying victory.“We are in a good position, third in the table,” he said. “But it is a long way to finish the season.”Whereas Spurs had gone with four at the back in November’s 2-1 loss at the Bridge, here they effectively matched Chelsea’s 3-4-3 shape, which made for an attritional first half at White Hart Lane.Spurs saw most of the ball, their wing-backs Kyle Walker and Danny Rose carrying the fight, but they struggled to pick holes in Chelsea’s rearguard and the visitors posed a threat on the break.In the fifth minute, Nemanja Matic’s lofted pass over Spurs’ right-sided centre-back Eric Dier found Eden Hazard in ample space, only for the Belgian to shoot narrowly wide with his left foot.Victor Wanyama and Eriksen sent low efforts wide from range for Spurs and when the hosts finally got in behind, Dier ghosting in to meet Rose’s deep free-kick, Thibaut Courtois was on hand to save.But in first-half injury time, Spurs struck, Eriksen shaping a cross into the box from the right and Alli, hitherto close to anonymous, leaping to plant a glorious header in the top-right corner.It was the England midfielder’s sixth goal in four games and within nine minutes of kick-off in the second half, he would have a seventh.Urged on by a typically animated Conte, Chelsea flew out of the traps, Diego Costa testing Hugo Lloris with a skidding strike and Hazard nodding Marcos Alonso’s header wide from point-blank range.The celebrations, though, were Tottenham’s thanks to a near carbon copy of their first goal, Eriksen swinging a cross to the back post and Alli outleaping Victor Moses and Cesar Azpilicueta to head home.Conte made three bold changes, sending on Willian, Cesc Fabregas and Michy Batshuayi for Marcos Alonso, N’Golo Kante and Moses, with Pedro Rodriguez moving to a left wing-back role.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

USC leaves little hope for rest of the season

first_imgOllie Jung | Daily TrojanIt’s a simple fact that most sports fans are hopeless optimists. Dodger Stadium has been packed to the brim for the opening two games of the World Series in support of a team that last won it all during the Reagan administration. Tens of thousands of people pack the Coliseum week-in, week-out every year despite more than a decade passing since the Trojans’ last national title. Optimism is sports’ lifeblood, and even the most jaded fan has the slightest sliver of it.But for the last week, it has felt like Notre Dame bled every last drop of that optimism during last Saturday’s massacre in South Bend.Like many others, I have been almost blindly bullish when it comes to these Trojans since January. Ignoring all the warning signs for a far more challenging, target-on-your-back season to come, I basked in the Rose Bowl glory, completely convinced that the trifecta was coming in 2017: a Pac-12 championship, another victory in Pasadena and a return to the national championship.Nearly 11 months later, and here we are. USC is still a frontrunner for the conference crown, but with the ultimate prize out of reach, the remainder of the season will only determine what sort of silver lining the program can take into next fall. Some have called for head coach Clay Helton to be fired, and others have declared redshirt sophomore quarterback Sam Darnold a bust.I instinctively want to defend the Trojans. I want to point to Helton’s strong 22-9 record at the helm and remind everyone of what Darnold did against Texas and Utah this year. But there’s not much I can say that doesn’t ring hollow after USC last Saturday. I feel like a flat-earther: The facts are staring me in the face, but I’ve somehow talked myself into something different.I’ve died on worse hills, though (I was convinced Blake Bortles would be a good NFL quarterback for far longer than I am proud of). What really scares me is that the nightmare may not be over. The Trojans are traveling on back-to-back weeks coming off arguably their two most taxing games this season. And like the losses at Washington State and Notre Dame, Arizona State is expected to have a sold-out crowd at its back. The Sun Devils beat then-No. 5 Washington and Utah in their last two games, and they will look to catapult themselves into the thick of the Pac-12 South race with an upset over USC.After ASU, Arizona arrives at the Coliseum, and the Wildcats could be coming off a home win over Washington State, riding speedster quarterback Khalil Tate. Tate put up nearly 400 yards against UCLA — 148 through the air and 230 on the ground with three total touchdowns. After facing Arizona, the Trojans go to Colorado, then return home to face UCLA to wrap up the regular season. How great can you feel about any of those games? My greatest fear is when all is said and done this season, USC will have had a seven- or eight-win season with a trip to the Holiday Bowl — no different from the days of Steve Sarkisian and Cody Kessler.There’s no bright spot to look to anymore. Darnold hasn’t hit his peak all season. The rushing attack that opened the year so promisingly has been derailed thanks to injuries. Special teams coughed up the ball and left easy points on the board in recent weeks. An intimidating defense that ranks among the nation’s best in forced turnovers got dominated in South Bend. Week-to-week improvement hasn’t been this team’s forte, so it wouldn’t be surprising to see another error-filled night in Tempe on Saturday.It’s hard for me to believe that Helton and company will suddenly clean things up to win the Pac-12, which means that after all the fanfare, it’s just another lost season. I would say that the Trojans finally stole away all my optimism, but there is just a bit left — the hope that they will prove me wrong and win out … and win it all next year.Ollie Jung is a senior majoring in print and digital journalism. He is also the sports editor of the Daily Trojan. His column, Jung Money, runs Fridays.last_img read more

Mallard’s Team of the Week — Nelson Neptunes

first_imgSilver was the medal of the Kootenay Regional Swim Championships for the Nelson Neptunes held recently in Colville, Washington.The Neptunes, led by coach Rebecca Afford, won more silver than most countries competing at the 2012 Summer Olympics in London as the swimmers overcame hot, hot conditions in the Washington State City. Mallard’s Source for Sports would like to add to the medal haul with Team of the Week honours for Team Neptunes.The team includes, Sage Cowan, Joanna Blishen, Olivia Cowan, Coach Afford, Samuel Matthew and Matthew Holitzki. Front, Madeline Holitzki, Elissa Centrone and Jaylen Rushton. Missing, Emma Borhi.last_img

Home Run Derby Returns, Opens Baseball Tournament Week

first_imgTickets are $10 at the gate, and admission is free for students attending Southland Conference institutions (all schools, even those not competing) and children under the age of five. Sam Houston State (29-20, 18-9 SLC) currently sits atop the standings, followed by Incarnate Word, Central Arkansas and Southeastern Louisiana in a three-way tie for second at 17-10. Northwestern State, McNeese and Stephen F. Austin are knotted at fifth at 14-13, and Nicholls is slated to be the last team in with a 13-14 record. The home run derby will provide opportunities for local youth players to participate and interact with college student-athletes, as teams will be allowed on the field to shag balls. Youth baseball groups interested in being a part of the event may contact Emily Honeycutt in the Southland Conference office (972-422-9500, ext. 100). Fireworks will accompany each home run and the final trophy presentation. The winner will receive a custom Southland championship belt. Northwestern State’s J.P. Lagreco won the inaugural derby in 2018, defeating Houston Baptist’s Spencer Halloran in a swing-off. Lagreco swatted 20 home run in his four-minute first round, and Halloran forced the playoff after a replay decision gave him an extra run and forced a tie at the top spot. SUGAR LAND, Texas – The Southland Conference will host its second-annual home run derby at Constellation Field to kick off the 2019 Southland Baseball Tournament in Sugar Land, Texas. The event will take place on Tuesday, May 21, beginning at 6:30 p.m. CT.center_img The home run derby will feature one select player from each of the eight participating tournament teams. Doors will open at 6 p.m. with the No. 8 seed team’s batter stepping in the box at 6:35 p.m. This event is scheduled for the eve of the 2019 Southland Conference Baseball Tournament, which returns to Constellation Field for the fourth consecutive year and fifth overall. Northwestern State won the 2018 tournament with a 7-5 win over New Orleans in the championship game. Constellation Field, home of the Atlantic League’s Sugar Land Skeeters, is a 7,500-seat park which opened in 2012. The dimensions are 325 feet to left field, 348 feet to right field and 405 feet to center. It was the home of the 2013 and 2015-18 Southland tournaments and will serve as the host site through 2019.last_img read more

Jose Mourinho ready to rival Chelsea in £40m transfer battle for Nathan Ake

first_imgTOTTENHAM have joined Chelsea in the race to sign Bournemouth defender Nathan Ake, according to reports.SunSport revealed how Blues boss Frank Lampard could activate a buy-back clause in his contract to re-sign the Dutchman in a £40million deal.1 Nathan Ake could spark a transfer tug-of-war in the summerCredit: Rex FeaturesChelsea sold Ake to the Cherries in 2017 and he has gone on to star in the heart of Eddie Howe’s defence.Bournemouth’s perilous league position has left Premier League clubs on high alert over a potential summer transfer for their key player.SPURS NEWS LIVE: Follow all the latest news on TottenhamAnd the Express report how Jose Mourinho wants a slice of the action as he targets a spending spree at the end of the season.The Portuguese boss will aim to strengthen his back four that includes landing a young central defender.Jan Vertonghen, 32, is out of contract at the end of the season leaving his Spurs future in doubt.Left-back Danny Rose also sees his time at Spurs as up after successfully pushing for a loan move to Newcastle in January.Ake would be seen as an ideal player to join the ranks and can also play at left-back when needed.LADBROKES 1-2-FREE Simply predict Liverpool, Spurs and Arsenal scores this coming weekend and win £100most read in footballTHROUGH ITRobbie Keane reveals Claudine’s father was ’50-50′ in coronavirus battleTOP SELLERGavin Whelan has gone from League of Ireland to David Beckham’s InstagramPicturedAN EYEFULMeet Playboy model and football agent Anamaria Prodan bidding to buy her own clubI SAW ROORodallega saw Rooney ‘drinking like madman’ & Gerrard ‘on bar dancing shirtless’ExclusiveRIYAD RAIDMan City’s Riyad Mahrez has three luxury watches stolen in £500,000 raidNEXT STEPJonny Hayes set to move to English Championship having been let go by CelticREF RELEASEDChampions League ref Vincic released by cops after arrest in prostitution raidKEANE DEALEx Man United youth ace David Jones says Roy Keane negotiated a contract for himREF RAIDChampions League ref Vincic ‘arrested in raid into drugs and prostitution ring’NICE RONCristiano Ronaldo goes on family bike ride with partner Georgina Rodriguez & kids At the age of 24, his £40m price-tag could be eyed as good value if he can become a mainstay in the side for six or seven years.Chelsea remain their biggest competition and Champions League football could prove an important factor if he has a decision to make. Currently Chelsea sit fourth with Spurs four points behind in sixth.Mourinho could spend around £120m in the summer with Ben Chilwell and Benfica centre-half Ruben Dias also options.England footballer Dele Alli apologises after appearing to mock deadly coronavirus in airport Snapchat videolast_img read more

Fiji sprint king sets record

first_imgTabakaucoro flew the Fiji flag high, as host nation Papua New Guinea dominated the night on the tracks.The Fijian was a man on a mission, stopping the electronic timer on 20.53 seconds to win his second gold in the sprint event and maintaining his Pacific sprint king tag. “I know record will go today,” said Tabakaucoro after his win.PNG runners Nelson Stone (21.28s) came second and Theo Pinau (21.37s) third.The gold and silver medals are a repeat of the 2011 Pacific Games in Noumea, New Caledonia.last_img