Austrian pension funds see AUM shoot up to €23.3bn in Q2

first_imgCompany pensions recorded returns on investments for 4.9%, compared to a negative 1.9% in the first six months of this year. The performance of multi-employer pension providers was 6.2% in Q2, with underlying returns in the first six months of -4.9%.Performance achieved its lowest point in March with -10% at the peak of the COVID-19 pandemic, but rebounded in the second quarter.Despite low interest rates, bonds continue to make up the largest share in an Austrian pension fund’s portfolio with 41.43%, followed by equities at 33.78%, financial institution credits with 7.90%, real estate with 5.21%, loans and credits with 0.80%, and other assets at 10.87%.Pension funds invest 29.75% of their assets in foreign currencies after currency hedging transactions. Assets held indirectly through investment funds amount to 97.21%.Additionally, report showed that the number of people entitled to pension benefits has decreased by 0.1% in Q2 compared to the previous quarter.In total 984,67 people are currently part of the Austrian pension fund system, and 114,000 (11.5%) are already receiving a pension from company pension funds.Five multi-employer pension providers and three single company pension schemes manage the total amount of assets for the country.To read the digital edition of IPE’s latest magazine click here. Asset under management for pension funds in Austria grew by 5.9% quarter-on-quarter in Q2 2020 to €23.2bn, according to a report by the Financial Market Authority (FMA).Assets increased by 6% for multi-employer pension providers, or überbetriebliche Pensionskassen, to a total of €21.1bn in the second quarter of the year. Company pensions saw a 5.6% growth quarter-on-quarter to total assets of €2bn.Assets managed by company pension schemes amounted to 6.1% of GDP at the end of 2019.According to the report, return on investments of all pension funds stood at 6%, showing signs of recovery in Q2, even if in the first six months of the year returns recorded a negative 4.6%. The performance over the last 10 years was on average 3.6% per year.last_img read more

Five things on Romelu Lukaku

first_imgLondon, United Kingdom | AFP |  Five things on Romelu Lukaku after Manchester United agreed a fee with Everton for the transfer of the Belgian striker on Saturday.Lukaku not lost in translationLukaku is fluent in six languages including Portuguese and Spanish. “I think education is very important. It was important for me to have my diplomas at school so I could also go to England,” he said in 2012. “Education is very important in Belgium and, if you didn’t do well at school in the week, you couldn’t play football at the weekend. You can have an injury and then you won’t play at the highest level any more. If you don’t have a diploma, what then?”Drogba his idol but with qualificationsHis idols are Ivory Coast legend Didier Drogba — who did make it big at Chelsea unlike Lukaku — and the Belgian international’s father Roger who was capped by the then Zaire (now Democratic Republic of Congo). However, Lukaku junior made it crystal clear in 2012 when Chelsea had sent him on loan to Premier League rivals West Brom that idols did not mean he wished to be compared to them. “Am I fed up being compared with Drogba? Yes,” he said. “In the beginning it was nice to hear that, but every player wants to make his own name. I want to make my own name. Drogba was my big idol and so was my father, who also played in Belgium. I want to be myself. I want the people to say “this is Roman Lukaku, not the new Drogba”.Dad the guiding lightAny in-depth interview with Lukaku reveals that his father Roger has had the most profound influence on his life whether it be in education or his football career. It was tough love but it has paid off big time. “Very strict,” Lukaku told in 2011 regarding his upbringing. “My father told me, ‘You must always have a goal and do everything to reach it’. Ever since I was six or seven, I wanted to be a professional footballer.” The Crying GameAs a teenager Lukaku and his schoolmates at Saint-Guidon Institute in Brussels were subject of a documentary ‘De School Van Lukaku’ (Lukaku’s School). Part of it filmed them on a trip to London and a visit to Chelsea’s Stamford Bridge Ground which left Lukaku overwhelmed. “Give me a ball and I will play here for five hours, What a stadium. If one day in my life I will cry, it will be the day I play here. I love Chelsea,” he says. The teacher accompanying the group urged a certain restraint from his pupil. “You can dream on later,” he says. Nevertheless undeterred Lukaku insists he is not fantasising. “This is not dreaming. I will do it. One day I will play here.”Spoils Fergie’s United farewellAlex Ferguson will be content for United they have secured such a talent and the legendary Scottish manager has good reason to recall the last time they crossed paths. It was Fergie’s last match in charge of United away at West Brom and at 3-1 up at half-time United looked set to give him a perfect send-off. However Lukaku being sent on as a second-half substitute changed it all. He scored almost immediately but United then went 5-2 up. However, three goals inside the last 10 minutes forced a remarkable 5-5 draw with Lukaku emerging with a hat-trick.Share on: WhatsApplast_img read more


first_imgSantiago Gonzalez333489%$112,690 Kent Desormeaux901915921%$1,115,102 SANTA ANITA STATISTICS Flavien Prat5482615%$310,130 SANTA ANITA JOCKEYS HOOPS BENEFIT THURSDAYLA TIA HEADS PRESIDENTS’ DAY FEATURE FEB. 16 Fernando Perez9299810%$384,414 Aaron Gryder353519%$198,090 TrainerSts1st2nd3rdWin%Money Won SANTA ANITA JOCKEYS-HOLY ANGELS ON TAP FEB. 12Corey Nakatani, whose natural athletic prowess spans wrestling, golf and basketball in addition to world-class race riding, is looking forward to the 48th annual Santa Anita Jockeys vs. Holy Angels School Charity Basketball Game next Thursday, Feb. 12, at La Salle High School in Pasadena.Proceeds benefit the Holy Angels athletic program, the Kentucky-based Permanently Disabled Jockeys Fund (PDJF) and the Eye on Jacob Foundation.“It’s a great cause and the kids are always great about it,” Nakatani said. “For a fewyears there, we had no chance, but now with me and Kent (Desormeaux) back, things are looking better. We have a few guys who can play a little bit. We’ll have some fun out there.”Sponsored by J. Paul Reddam’s CashCall and Santa Anita Park, game time is 7:15 p.m., with admission doors opening at 6:15 p.m.Hall of Fame jockeys Desormeaux, Laffit Pincay, Jr., Mike Smith, Alex Solis and Gary Stevens will be available for an autograph signing session beginning at 6:30 p.m.With Pincay serving as honorary team captain, Desormeaux, Smith and Solis will comprise a team of fellow active riders such as William Antongeorgi, Tyler Baze, Rafael Bejarano, Brice Blanc, Brandon Boulanger, Alex Canchari, Victor Espinoza, Santiago Gonzalez, Mario Gutierrez, Aaron Gryder, Edwin Maldonado, Felipe Martinez, Corey Nakatani, Irving Orozco, Martin Pedroza, Fernando Perez, Tiago Pereira, Flavien Prat, Iggy Puglisi, Kayla Stra, Joe Talamo, Elvis Trujillo, Drayden Van Dyke and perhaps others.The PDJF helps assist permanently disabled jockeys nationwide, while the Eye on Jacob Foundation, named for Jacob Desormeaux, who is the 16-year-old son of Kent, benefits those suffering from Usher’s Syndrome. An extremely rare neurological disorder, Usher’s Syndrome causes progressive loss of hearing, imbalance, and eventual loss of sight in approximately 14,000 children in the United States.HRTV’s Kurt Hoover, a former standout cager at Arcadia High School, will again coach the jockeys’ team. Known for his laid-back approach, Hoover stated his game-day philosophy will be similar to that of past years–“We’ll keep the clock runnin’ and just let ’em run and gun.”Tickets are $5 per person, and for every two tickets purchased, individuals receive one free admission ticket to Santa Anita. Additionally, there will be opportunities to win a trip to Las Vegas and a Paintball Package to Hollywood Sports Paintball and Airsoft Park.La Salle High School is located at the southwest corner of Michillinda Ave. and Sierra Madre Blvd. in Pasadena, approximately four miles northwest of Santa Anita. Admission tickets and promotional tee shirts are on sale now at Champions! Gifts and Apparel in Santa Anita’s East Paddock Gardens, or through Holy Angels School. Joseph Talamo10912131611%$910,284 Elvis Trujillo1071314912%$825,926 John Sadler56691011%$409,772 Jerry Hollendorfer8517121020%$1,562,984 Doug O’Neill71871011%$423,376 Victor Espinoza771514919%$844,190 Bob Baffert49911718%$956,568 Michael Pender1843122%$123,880 Corey Nakatani6398814%$515,350 Mark Casse3465418%$545,520 -30- Felipe Valdez1444229%$83,760 Edwin Maldonado5863810%$248,036 Brandon Boulanger635368%$131,586 Peter Miller691416620%$766,440 (Current Through Friday, Feb. 6)center_img JockeyMts1st2nd3rdWin%Money Won Martin Garcia60912715%$842,500 Mark Glatt3958613%$288,824 Philip D’Amato3768616%$340,190 Jeff Bonde1840322%$178,930 Brice Blanc2131314%$112,252 Tyler Baze12415121612%$938,354 Richard Mandella2853518%$235,410 Drayden Van Dyke10312131612%$703,746 Tiago Pereira6264810%$182,404 Ron Ellis2742515%$178,790 James Cassidy3355615%$193,860 A. C. Avila1740224%$94,924 Richard Baltas3154316%$174,138 Martin Pedroza861016812%$412,850 Peter Eurton3884721%$364,508 Hector Palma1352038%$93,830 Gary Stevens4695720%$619,152 Rafael Bejarano12430211824%$1,433,544 Carla Gaines2353122%$290,865 Mike Smith571211921%$917,371 Eddie Truman940144%$168,490 FINISH LINES: California Cup Derby winner Mischief Clem worked five furlongs onSanta Anita’s main track Saturday in a rapid 59.80under Kent Desormeaux . . . Sam’s Sister, winner of the Grade I La Brea Stakes on opening day,will be ridden by Elvis Trujillo in the Grade II, $300,000 Barbara Fritchie Handicap at Laurel next Saturday for Jerry Hollendorfer, agent Tom Knust reports . . . Agent Scotty McClellan has booked Joe Talamo on War Story for trainer Tom Amoss in the Grade III Southwest Stakes at Oaklawn Park next Saturday . . . Jockey Fernando Perez has been suspended three racing days (Feb. 12, 13and 14) for causing interference aboard Richard’s Boy in Thursday’s sixth race. . . Monday, Feb. 16, is Presidents’ Day, featuring live racing and Dollar Day at Santa Anita. Draft beers, hot dogs and sodas will be just a buck. The holiday feature race is the Grade II, $200,000 Buena Vista Stakes for older fillies and mares at one mile on turf. Expected to head the field is La Tia, winner of the Grade I Matriarch at Del Mar last Nov. 30 under Joel Rosario, who will be back aboard the 10-race winner trained by Armando De la certa . . . Former agent Harry (The Hat) Hacek was a visitor at Clockers’ Corner Saturday. “I’m just out and about renewing old acquaintances and here to see the big race,” Hacek said in reference to the San Antonio Invitational . . . Accomplished actor Alex Rocco, best-known for his signature portrayal of Las Vegas casino boss Moe Green in the all-time 1972 movie classic, “The Godfather,” was a Santa Anita visitor Friday along with his lovely wife, actress Shannon Wilcox.last_img read more


first_imgDoug O’Neill7310111214%45%$469,152 SONGBIRD MAKES THREE-YEAR-OLD DEBUT SATURDAYThe countdown to the much-anticipated three-year-old debut of undefeated champion Songbird is underway in earnest.The Eclipse Award winner as the best two-year-old filly of 2015 drew post position six in a field of seven for Saturday’s Grade II, $300,000 Las Virgenes Stakes for three-year-old fillies at one mile, one of four graded stakes on an attractive and challenging nine-race card set to unfold in summer-like weather with temperatures in the 80s.“It seems like she drew a good post and we’re excited about getting her back to the races,” said Jerry Hollendorfer, who trains Songbird for the Fox Hill Farm of Rick Porter.“We got everything in with her training that we wanted; we were lucky with the weather in that regard.”The Las Virgenes: She’s a Warrior, Flavien Prat, 20-1; Land Over Sea, Mario Gutierrez, 8-1; Street Fancy, Victor Espinoza, 6-1; Jade Princess, Martin Garcia, 10-1; Decked Out, Kent Desormeaux, 20-1; Songbird, Mike Smith, 1-5; and Merirosvo, Drayden Van Dyke, 30-1. FLAMBOYANT NO LONGSHOT THIS TIME IN SAN MARCOSFlamboyant lit up the tote board when he got up by a neck at 46-1 under Brice Blanc in the Grade II San Gabriel Stakes on Jan. 2.The French-bred son of Peer Gynt will be a substantially shorter price when he runs in Saturday’s Grade II San Marcos Stakes for older horses at a mile-and-a-quarter on turf.Flamboyant worked six furlongs on the main track Jan. 29 in a bullet 1:13.20 with French-born Blanc aboard.“He’s a nice work horse,” Gallagher said of the five-year-old gelding. “He didn’t go too fast or too slow and he acts like he’ll go a mile and a quarter.”So Gallagher wouldn’t mind a French-bred horse winning for an Irish-bred trainer?“No,” he said. “Winning is all I want to do.”The field for the San Marcos: Gaga A, Mario Gutierrez, 10-1; Class Leader, Kent Desormeaux, 10-1; Chiropractor, Drayden Van Dyke, 4-1; Southern Freedom, Martin Garcia, 12-1; Power Foot, Tiago Pereira, 15-1; Ganesh, Flavien Prat, 15-1; Flamboyant, Brice Blanc, 4-1; Hay Dude, David C. Lopez, 5-2; Abbey Vale, Rafael Bejarano, 8-1; Quick Casablanca, Tyler Baze, 15-1; and Big Cazanova, Santiago Gonzalez, 15-1. CAT BURGLAR A SLEEPER IN SAN ANTONIO STAKESCat Burglar sneaks in to Saturday’s $500,000 San Antonio Stakes under the radar in quest of his first stakes win for owner Michael Lund Petersen and trainer Bob Baffert.The six-year-old son of Unbridled’s Song doesn’t have the glowing credentials of Santa Anita Derby winner Dortmund, who was not entered in the Grade II San Antonio for older horses at 1 1/8 miles, or even those of Hoppertunity, who was entered, but assuredly Cat Burglar is better than an empty stall.Dortmund and Hoppertunity are both trained by Baffert.The chestnut Cat’s Burglar won an overnight race under Rafael Bejarano on Jan. 8, his first start in nearly five months, and has knocked on the door in graded stakes. Twice he was third in the Grade III Pimlico Special and ran third in the Grade II Brooklyn at Belmont in 2014.“He’s got speed and I think he can go the distance,” Bejarano said. “He was beaten less than a length in the Brooklyn, and that was at a mile and a half. He should be all right, and he should move forward off his last race.”In 14 career starts, Cat Burglar has won four, with four seconds and three thirds, with earnings of $334,400.The field for the San Antonio, race seven: Cat Burglar, Rafael Bejarano, 4-1; Donworth, Mario Gutierrez, 6-1; Cyrus Alexander, Martin Garcia, 6-1; Hard Aces, Joe Talamo, 10-1; Hoppertunity, Flavien Prat, 3-1; Blingo, Alex Solis, 20-1; Imperative, Mike Smith, 5-2; and El Kabeir, Gary Stevens, 6-1. Victor Espinoza353829%37%$477,060 Richard Baltas4876315%33%$477,274 (Current Through Sunday, Jan. 31) Mike Smith4653611%30%$502,240 Kristin Mulhall2052125%40%$193,610 Mike Puype383728%32%$172,380 SANTA ANITA STATISTICS Abel Lezcano3131210%19%$133,870 JOCKEYS ANNUAL CHARITY GAME ON FEB. 11The 49th annual Santa Anita Jockeys vs. Holy Angels Elementary School Charity Basketball Game will be played a week from tonight on Thursday, Feb. 11, at La Salle High School in Pasadena, with proceeds to benefit Holy Angels athletic program, the Permanently Disabled Jockeys Fund (PDJF) and the Eye on Jacob Foundation.Sponsored by Thoroughbred owner J. Paul Reddam’s CashCall and Santa Anita Park, tip off is scheduled for 7:15 p.m., with admission doors opening at 6:15 p.m.Hall of Fame jockeys Kent Desormeaux, Laffit Pincay, Jr., Mike Smith, Alex Solis and Gary Stevens will all be available at center court for an autograph session at 6:30 p.m.With Pincay serving as honorary team captain, a number of active riders are expected to participate, including: Saul Arias, Tyler Baze, Rafael Bejarano, Brice Blanc, Desormeaux, Victor Espinoza, Martin Garcia, Santiago Gonzalez, Mario Gutierrez, Abel Lezcano, Kayla Stra, Chantal Sutherland, David Lopez, Edwin Maldonado, Gonzalo Nicolas, Martin Pedroza, Geena Lattanzio, Fernando Perez, Tiago Pereira, Flavien Prat, Iggy Puglisi, Alonso Quinonez, Joe Talamo, Drayden Van Dyke and perhaps others.TVG’s Kurt Hoover, who will be reporting live from Santa Anita on Thursday, will coach the jockeys for the 15th consecutive year.“We’ve got Desormeaux back,” said Hoover. “And as good as Drayden Van Dyke was last year, that’s all we need, believe me.”The PDJF helps assist permanently disabled jockeys nationwide, while the Eye on Jacob Foundation, named for Jacob Desormeaux, the 17-year-old son of Hall of Fame jockey Kent, benefits those suffering from Usher’s Syndrome. An extremely rare neurological disorder, Usher’s Syndrome causes progressive loss of hearing, imbalance, and eventual loss of sight in approximately 14,000 children in the United States.Tickets are $5 per person, and for every two tickets purchased, individuals receive one free admission ticket to The Great Race Place.La Salle High School is located at the southwest corner of Michillinda Ave. and Sierra Madre Blvd. in Pasadena, approximately four miles northwest of Santa Anita. Admission tickets and promotional tee shirts are on sale now at Champions! Gifts and Apparel in Santa Anita’s East Paddock Gardens, or through Holy Angels Elementary School in Arcadia. Brayan Pena2030015%15%$51,750 Philip D’Amato5512101122%60%$778,210 Steve Knapp1631219%38%$99,290 Agapito Delgadillo4065515%40%$160,412 Mario Gutierrez919161010%38%$520,624 J. Keith Desormeaux2351622%52%$147,390 Jeff Mullins1234025%58%$99,780 Drayden Van Dyke6577911%35%$429,824 Robertino Diodoro1334123%62%$96,340 Rafael Bejarano992122921%53%$1,073,120 Mark Glatt4155212%29%$257,270 Kent Desormeaux4278517%48%$607,800 Michael Machowsky1833317%50%$157,806 Peter Miller6193715%31%$332,790 Tyler Baze11712211410%40%$660,292 Karen Headley730043%43%$137,860 J. Eric Kruljac2132514%48%$78,560 Edwin Maldonado82137916%35%$523,110 William Spawr1965132%63%$154,442 Bob Baffert4587918%53%$500,740 Martin Pedroza4664213%26%$156,390 Gary Stevens3044313%37%$561,810 ALL SYSTEMS GO FOR CHAMP SONGBIRD SATURDAYCAT BURGLAR TIPTOES INTO SAN ANTONIO STAKESI WILL SCORE TACKLES MOR SPIRIT IN ROBERT LEWISFLAMBOYANT OUT TO PROVE HE’S THE REAL DEALSANTA ANITA RIDERS’ CHARITY GAME NEXT THURSDAY George Papaprodromou2032315%40%$82,630 Peter Eurton39611615%59%$371,360 John Sadler3555314%37%$230,770 Vladimir Cerin1661238%56%$154,690 Patrick Gallagher1742324%53%$267,768 Fernando Perez85951411%33%$468,056 Alex Solis1430321%43%$193,018 Jeff Bonde1952326%53%$121,360 David Lopez871781520%46%$525,326 Alonso Quinonez504738%28%$184,820 Steven Miyadi3057517%57%$178,744 Ron Ellis1831217%33%$91,810 Jack Carava1642125%44%$90,410 JockeyMts1st2nd3rdWin%ITM%Money Won Joseph Talamo10013131413%40%$625,054 Jerry Hollendorfer6556118%34%$344,966 Santiago Gonzalez11723161120%43%$916,248 SONGBIRD STABLEMATE I WILL SCORE IN LEWISI Will Score has two things in common with Songbird: he’s unbeaten and he’s trained by Jerry Hollendorfer.Other than that, the three-year-old son of Roman Ruler has much to prove to be mentioned in the same breath with the champion Songbird, but Hollendorfer is optimistic about the colt’s future.“We think he’s a horse with some promise, so we look for him to run a good race,” Hollendorfer said, speaking of Saturday’s Grade III Robert B. Lewis Stakes.I Will Score, who has won his only two starts, both sprints, will go two turns for the first time in the Lewis. He has two bullet works at Santa Anita since taking a first condition allowance here on Jan. 3.The field for the Lewis, which goes as race four: Let’s Meet in Rio, Kent Desormeaux, 6-1; I Will Score, Mike Smith, 5-2; Dressed in Hermes, Rafael Bejarano, 6-1; Laoban, Tyler Baze, 12-1; Mor Spirit, Gary Stevens, 8-5; Path of David, Joe Talamo, 8-1; and Uncle Lino, Fernando Perez, 5-1. Flavien Prat961671417%39%$798,088 FINISH LINES: Multiple graded stakes winner Om worked five furlongs on the main track Thursday in a minute flat under Gary Stevens for Dan Hendricks, who has his sights on the Grade II Arcadia Stakes at one mile on grass Feb. 13 . . . Three-time champion Beholder galloped on the main track Thursday for Richard Mandella . . . Trainer Carla Gaines reports that undefeated Cal-bred Smokey Image came out of his smashing 8 ½-lenghth triumph in the California Cup Derby in excellent shape and at this stage is being pointed to the Grade III, $400,000 San Felipe Stakes against open company on March 12 . . . Jockeys Santiago Gonzalez and Tiago Pereira have been suspended an additional day (Feb. 6) for riding in more than one designated race while under suspension . . . A reminder about previously made announcements that on Super Bowl Sunday, Santa Anita will not offer guaranteed pools. However, the lucrative guarantees will continue today and Friday, as the Late Pick 4 both days has guaranteed pools of $300,000. Saturday, the Late Pick 4 will be guaranteed at $500,000 and the Pick Six pool at $150,000 . . . DRF/NTRA National Handicapping champion Paul Matties, who won $800,000 and an Eclipse Award, will be Tom Quigley‘s guest Saturday, 11:20 a.m., in the East Paddock Gardens. There will be no seminar on Super Bowl Sunday. First post time Sunday is 11 a.m. TrainerSts1st2nd3rdWin%ITM%Money Won Martin Garcia5476813%39%$458,844 Kenneth Black830038%38%$230,250last_img read more

Sharks get ‘character’ win, beat Golden Knights in OT

first_imgLAS VEGAS — Logan Couture scored with 1:40 left in overtime to lift the Sharks to one of their biggest road wins this season, as they beat the Vegas Golden Knights 2-1 on Thursday at T-Mobile Arena.Couture scored on a breakaway after a pass from Marc-Edouard Vlasic. His first shot was stopped, but he followed it up and the puck trickled behind Golden Knights goalie Marc-Andre Fleury.Goalie Aaron Dell made 37 saves for the Sharks, including four in overtime. Fleury made five saves in overtime. …last_img

Branding South Africa with one message

first_imgThe purpose of the conference is to ensure that South Africa communicates with one voice both domestically and internationally leading up to and beyond 2010.“We are already looking beyond 2010 to where we want to position South Africa in the next decade,” says Yvonne Johnston, the CEO of the IMC. “A major event such as the soccer World Cup attracts global attention but it has to be supported by strategies and structures to ensure a lasting legacy.”“Our objective is to establish Brand South Africa as one of the most prominent and desirable global brands,” says Johnston.Germany 2006 has shown that making the best of the opportunities offered by such an enormous event entails more than hosting soccer games successfully. The host country must brand itself at the same time, as was done so well by the Germans.Therefore one of the key-note speakers at the conference will be the man who did just that for Germany, Mike de Vries. He is the CEO of the branding company FC Deutschland GmbH.Another speaker is internationally renowned Raul Parelba from Spain, who will focus on the branding and marketing opportunities provided by a major event. He is Director Partner of Trout & Partners, the global positioning specialists.The speakers and their topics include:Minister in the Presidency, Essop Pahad, who will look at opportunities for the continent brought about by the World Cup.The CEO of the Government Communication and Information System (GCIS), Themba Maseko, who will spell out the government’s commitment to and expectations for 2010.Danny Jordaan, CEO of the Local Organising Committee, who will highlight marketing opportunities for local corporates.Thaninga Shope-Linney, NEPAD’s general manager for communications and outreach, who will add to Minister Pahad’s continental perspective on the 2010 World Cup.Wolfgang Grulke, CEO of FutureWorld will look at Africa and South Africa in the 21st century. Yvonne Johnston, CEO of the IMC, will also be speaking at the Conference – spelling out Brand South Africa’s future strategy in her address. She has very high expectations of the Conference, describing it as “a tremendous opportunity for the world view South Africa even more positively and Alive with Possibility than it does now.”This conference is being hosted in collaboration with the 2010 National Communications Task Team.last_img read more

YouTube Co-Founders Unleash New Video App MixBit

first_imgThe two men responsible for YouTube are releasing their latest endeavor, video clip-and-mix app, MixBit. Similar to the likes of predecessors Instagram Video and Vine, this video creation app allows users to record 16-second clips of film, but MixBit allows users to edit and combine these clips to make longer videos.Up to 256 16-second clips can be snipped and edited with tools from MixBit’s app and website to construct hour-long videos that can be shared on Facebook, Twitter, Google Plus or MixBit. Users can mix and edit any YouTube content made public, and content on MixBit is available for everyone’s use. Image courtesy ofMixBit. What it Takes to Build a Highly Secure FinTech … Role of Mobile App Analytics In-App Engagement The Rise and Rise of Mobile Payment Technology Related Posts center_img Tags:#Avos#MixBit#now#YouTube readwrite Why IoT Apps are Eating Device Interfaceslast_img

Fortune Favors the Bold

first_imgYou can’t create the maximum value for your clients without taking risks.Some of your prospective clients will already have a solution in mind. But you may have a way to create an even bigger, even better outcome for them. But that puts the opportunity at risk if your contacts aren’t interested in something bigger and better. They want what they want. Pushing may jeopardize your deal–or your relationship.A bigger and better value creating opportunity may also increase your risk by extending the time it will take to put a deal together. It may require more time to build consensus around the bigger opportunity. Some contacts and stakeholder groups may want to kill your bigger initiative. There’s even the possibility that as the opportunity grows, you open yourself up to competitive threats; someone may want to see competitive offers. Pushing may jeopardize your deal or push into someone else’s win column.And your bigger and better value-creating opportunity will absolutely increase the price. It may create massively more value, but the higher price tag is sure to raise eyebrows among the cost containment focused stakeholders–and maybe even your main contact. You may blow up the price–and the deal along with it.And here is the rub: You are either a value creator–or you are not a value creator.The risk isn’t that you jeopardize your relationship by fronting the biggest value creating opportunity you can. The risk is that you jeopardize the relationship by not creating enough value.The risk isn’t that by finding the biggest, best opportunity you lengthen the sales cycle and force a discussion about a bigger price tag. The risk is that you fail your clients–and that someone else shows up with the courage to have the conversation you should have had.You want to be a trusted advisor? Be someone who can be trusted to do what is right even when it is uncomfortable and even when it makes you vulnerable. You want to be consultative? Then give the right advice, not the easy advice.Audentes fortuna iuvat. Essential Reading! Get my 2nd book: The Lost Art of Closing “In The Lost Art of Closing, Anthony proves that the final commitment can actually be one of the easiest parts of the sales process—if you’ve set it up properly with other commitments that have to happen long before the close. The key is to lead customers through a series of necessary steps designed to prevent a purchase stall.” Buy Nowlast_img read more

All Cultures – Tony Eltakchi

first_imgEltakchi shares his story on how he became involved in the sport of Touch Football. Tony is from a Lebanese background and talks about how his parents didn’t understand what sport in Australia was and how he is helping to attract people from a multicultural background to the sport of Touch Football.To view the story, please click on the following link: To learn more about the Australian Sports Commission’s All Cultures initiative, please visit their website: