German institutions turning from equities to alternatives – Universal survey

first_imgCurrently, the exposure to alternative investments is below 3% in the majority of portfolios of the surveyed institutions, which included Pensionskassen, Versorgungswerke, insurers, foundations and banks managing around €300bn in total assets.Universal pointed out that nearly one-third of respondents wanted to up their quota by more than 300 basis points.At the same time, the interest in real assets such as real estate and infrastructure remained strong, but only 31% said they wanted to increase investments in those segments compared with 43% last year.All in all, the surveyed institutions remained pessimistic about the global economic outlook, with 78% saying the financial crisis is not over yet five years on.More than 60% noted quantitative easing helped to buy time but did not solve structural problems, and they did not expect either the US Fed or the ECB to cut rates over the medium term. German institutions do not see an end of the low-interest rate environment any time soon and are planning to up their exposures to alternatives, a survey by Universal Investment has found.Among the 90 German institutions polled by the asset manager, 70% want to increase their exposure to alternatives, and 29% said they were looking at investments in private equity and loans.In a similar survey last year, only one-fifth of respondents were looking into alternatives, while one-third planned to increase their equities quotas.This year, the trend is reversed and “growing stronger”, Universal said.last_img read more

Despite obstacles, Masha Tritou battled back to contribute for No. 28 Syracuse

first_imgMasha Tritou had an opportunity, and she wasn’t about to blow it.In a season plagued with injuries, illness and fluctuating playing time in singles, Tritou had the chance to prove her place in Syracuse’s starting lineup against then-No. 3 Georgia Tech on April 1.Tritou, who had only competed in three singles matches between Feb. 9 and March 30, dominated GT’s Nami Otsuka by commanding the net with her six-foot frame. At fourth singles, the junior won 6-2, 6-4, to put SU one point away from an eventual program-defining win. After impacting a win of such magnitude, Tritou felt she was back, she said.“I appreciate the fact that (SU head coach Younes Limam) believed in me in such an important match,” Tritou said, “It’s a different feeling to win when you haven’t had matches in your face and you do it like that.”After an unspecified illness and an assortment of injuries, Tritou was bumped out of SU’s starting singles lineup after a two-set loss against Virginia on Feb. 3. Despite spotty singles time, the junior has seized opportunities in doubles to regain her original position as a full-time player for No. 28 Syracuse (14-5, 6-5 Atlantic Coast).AdvertisementThis is placeholder textTritou began the season in the Orange’s starting singles lineup for its first four matches, all in the third and fourth slot. Despite a 3-1 record to start, Tritou battled with nagging injuries, she said. Against Columbia on Jan. 28, the junior lunged for a ball and immediately felt discomfort in her right arm, Tritou said. With help from “magic cream,” Tritou won the match, but the pain didn’t go away.“I wasn’t 100 percent,” Tritou said.After a two-set loss in Virginia, Tritou did not attend the next three home matches because of an illness she was dealing with, she said. When she returned to the team against Brown, Tritou only had a spot available at doubles.Tritou paired with Dina Hegab at third doubles, but the duo was inconsistent at the start of their tenure together. Before the start of their consistent pairing together against Brown on Feb. 24, Hegab and Tritou had only played once prior on the season.“It was different,” Hegab said, “It just took time for us to work.”While the pair’s chemistry improved, Tritou still dealt with multiple injuries throughout February and the beginning of March. During that time, Tritou’s days consisted of a regular practice routine with “many hours of work” in the training room with assistant athletic trainer Bradley Sammut.As she made progress, Tritou told the coaching staff that she started to feel 100 percent. A week later, she returned to the starting lineup against Pittsburgh on March 30. While Limam said it was mostly a decision based on matchups, Tritou said the change gave her confidence.Though Limam expected Tritou to be “a little bit rusty” in her singles return, Tritou said she felt good during the first set despite losing 5-7. Tritou knew she had to make adjustments to her game after being swept 6-0 in the second set. Two days later, Tritou recovered from a two-set loss with the win against Georgia Tech, her first since March 13. After the victory, Limam was open to keeping her in the lineup as both a singles and doubles player, he said.Since SU’s match with Pitt, Tritou has played singles in three of the last four matches, posting a 1-2 record. With three matches left before the ACC tournament, Tritou will look to find comfort in the fourth slot for the Orange.“It’s a different feeling when you’re contributing to the team (in singles),” Tritou said, “I love playing, and doing everything I can do to help us win.” Comments Facebook Twitter Google+ Published on April 11, 2018 at 12:52 am Contact KJ: | @KJEdelmanlast_img read more

Thunder’s Russell Westbrook on recent criticism: ‘I don’t really care what people say’

first_img“He’s 100 percent. He’s as pure as a person that you can find. If you’re watching him from afar, you might mistake that for him being a certain type of way. But honestly, man, he’s one of the best human beings I’ve ever been a part of.”Westbrook tallied 22.9 points, 10.7 assists and 11.1 rebounds in 36 minutes per game in 2018-19. Westbrook discussed his performance when he met with reporters Thursday.”There used to be conversations if I was a ball hog, but now I lead the league in assists for the past three years or whatever it is, that’s getting squashed out,” Westbrook said, via ESPN. “So now the conversation is about shooting. Next year I’m going to become a better shooter. Related News Russell Westbrook isn’t worried about the critics.The 30-year-old guard struggled in the Thunder’s opening-round series against the Trail Blazers. He shot just 36% from the field and 32.4% from 3-point range as Oklahoma City was eliminated in five games. “I don’t really care what people say, what they think about me, because it doesn’t really matter. I know what I’m able to do and know what I’m able to do at a high level every night, and nobody else can do what I can do on a night-in, night-out basis, and I truly believe that. If they could, I’m pretty sure they would. But I know for a fact that nobody can.”The eight-time All-Star has averaged a triple-double in each of the last three seasons. But, his Thunder teams have failed to win a playoff series during that time span.”When you do so much at a high level, a lot of haters come,” Westbrook said. “That’s how life is, man. That’s life, man. When you do so much, people (are) going to try to pull and take away and try to take that away from you. But nobody can take away from me. I’ve been blessed, and I stay prayerful, stay thankful to be able to do what I’m able to do, and nobody can ever take that away from me.”Fellow Thunder star Paul George praised Westbrook on Thursday. George was traded from the Pacers to the Thunder in July 2017 before re-signing with the team last offseason.”I had a choice and a decision to go anywhere I wanted to in my career, and I chose to come back here,” George said. “I mean, come on, that says a lot on its own, what kind of person Russ is.center_img NBA playoffs 2019: Damian Lillard ‘was just waving goodbye’ to Thunder after buzzer-beater NBA playoffs 2019: Rockets’ Clint Capela explains why he wants to face Warriors in Round 2last_img read more