The Wellcome Trust, the UK’s biggest charity, returned 15.4% on its investment assets for the year to 30 September 2014, boosted partially by its in-house team.The return was £2.5bn (€3.1bn) on an investment portfolio value of £16.4bn at the start of the year, with investment assets now worth £18bn, after cash payments to fund medical research, the Trust’s main activity.Danny Truell, the trust’s chief investment officer said: “Our internal investment team and external investment partners have again added significant value across the board, enabling us to perform better than global stock markets with considerably lower volatility.“Prospective investment returns are now lower, but, with strength in breadth and depth across our investment team and the businesses and partnerships in which we invest, I am confident that we can continue to reinforce the Trust’s robust financial position.” The trust has returned an average 10.2% per year over the past ten years, and 10.4% per year for the six years since the start of the global financial crisis in September 2008.All major elements of its portfolio – public equities, hedge funds, buyout funds, venture capital and property – made double-digit returns for the year to 30 September, and have made positive returns over one, three, five and 10 years.Nearly half – 49.4% – of the trust’s assets are invested in public equities, with 25.8% in private equity, 11.1% in hedge funds, 10.3% in property and the rest in cash and bonds.The trust does not invest in companies deriving a material turnover or profit from tobacco or tobacco-related products.In their annual report, the trustees said: “A key common feature across the portfolio was the stronger performance from our directly-managed assets compared with those outsourced to external managers.”The proportion of assets managed directly, excluding overlays, rose by 6 percentage points to 42%, up from 26% four years ago. The trust expects it to reach 50% by 2016.The report said that while there were areas where the trust was content to pay higher fees to external managers in order to access superior net returns, managing assets directly has several advantages.The approach allowed the trust to express long-term views on parameters such as the US dollar or technology by using an integrated combination of its very stable and liquid equity Mega-Cap Basket (MCB), plus a number of overlays including the new commodity overlay, which were al liquid enough to cover billions of dollars of notional exposure.The trust said the function could simply not be outsourced.Furthermore, almost 60% of the trust’s public equity exposure was in directly-held equities, principally the 31 stocks in the MCB and the 12 stocks in the Optionality Basket. The average holding size of $200m (€162m) meant that individual names can impact overall returns.The report said: “Our focus is on 10-year total return targets. Hence we can focus on the evolution of long-term business models rather than short-term share prices in a way that is much harder for an external manager.”This philosophy extends to its property holdings (90% directly held). For example, in agriculture, the trust acquired the Farmcare farming business from the Co-operative Group for £249m last August to become the UK’s largest lowland arable farmer.Private equity also produced substantial gains over the year, especially from initial public offerings. Eight companies in which the trust had at least a $10m stake were listed or acquired during the year, boosting an overall cost of under $300m to a realised or unrealised value of almost $1bn.The largest monetary gain of $191m was made in Twitter, the social networker, while the trust’s stake in Alibaba, the Chinese e-commerce company, made $162m.Turning to the global outlook, Wellcome said it would retain its US bias for the present.The report said: “Having approximately 60% of our assets in US dollars has helped us considerably over recent years, as the US equity market has outperformed world markets by 25% in the past five years and its private equity and venture markets have similarly been robust.”But it was less sanguine about Europe, where it sees little immediate prospect of resolving structural problems.It said: “In many countries including the UK, France, Spain and Italy, populist politics appear to have largely derailed progress in driving public-sector supplyside reforms to restore fiscal balance through greater efficiencies. The European Central Bank monetary stimulus programme has stalled, while banks remain constrained from supplying credit.”The trust has hedged out exposure to the euro and is holding sterling exposure to just over 25%, as it considers both currencies appear vulnerable to further depreciation against the US dollar.It said: “Overall, our long-run expectations, whilst still attractive, have moderated. We are not persuaded that there will be a substantial return premium for higher risk or illiquid assets after the strong performance of the past five years.”It concluded: “We shall remain opportunistic and seek to broaden our sources of net returns using our intrinsic competitive advantages, but with a focus on preserving our real wealth.”
Sarabia continues to look at Messi as the six-time Ballon d’Or winner walks away. The video also shows what happened shortly beforehand. Messi turns away from a group chat, featuring Sarabia, mouthing some words while looking a little disgruntled The footage doesn’t look great and has led to speculation in the Spanish press – including AS and Mundo Deportivo – that tension exists between Messi and Barcelona’s coaching staff. read also:Here’s Liverpool star hilarious response picking between Messi, Ronaldo After the match, reports in Spain suggested that a few Blaugrana players took their frustrations out on the managerial team, taking aim at Quique Setien and his assistant Eder Sarabia for decisions they made throughout the match. FacebookTwitterWhatsAppEmail分享 Complete Ignoring – Messi dismissed Sarabia’s advice pic.twitter.com/f4SdsPrZMA— Giorgi Javoiani (@javoiani) June 30, 2020 But some curious footage has emerged – courtesy of Movistar El Partidazo – which shows the club captain allegedly ignoring Barcelona’s assistant coach. In the clip, taken from the drinks break, we see the masked Sarabia looking and speaking at Messi, who appears to take no notice of the coach. Argentine skipper, Lionel Messi, recently exhibited an act of indiscipline during FC Barcelona’s latest LaLiga match, the superstar was reportedly seen ignoring instructions from the club’s assistant manager, Eder Sarabia. Loading…
McGrathIn putting together the top 3-on-3 basketball team WITHOUT any actual basketball players, I had to scour the Earth for the trio with the best chemistry, who would balance each other perfectly, just like Harry and Lloyd from “Dumb and Dumberer,” or Pete and Pete from “Pete and Pete.” Thankfully, in a moment of weakness (a.k.a. total drunkness) at the Herald-Cardinal football game, Mr. Poppy gave away his strategy of starting Gilbert Brown as his big man. Bad move. To combat Poppy’s squad, I decided to bring in aerobic expert and diet specialist (and 16-time winner of world’s most annoying person) Richard Simmons as my postman. Simmons will drive Brown crazy, because he will: a) continually try to make Gilbert tell a tearful story about how being big boned is ruining his life and, b) be prancing around dealing meals left and right. If that doesn’t cause the Gravedigger to dig his own grave then I’ll just stuff Simmons’ spandex full of aromatic beef jerky and let him cartwheel away from the basket, effectively turning the game into a 2-on-2. My talker would be No. 85, Chad Johnson. Unlike T.O., Johnson actually backs up his smack and this blonde-mohawked, gold-grilled wideout would have T.O. curled in the fetal position, crying for Drew Rosenhaus within seconds of the opening tip. Plus, No. 85 would never drive a wedge in this team, whereas T.O. will almost certainly work against Poppy’s team. My mystery player and big point scorer will be none other than Air Bud. Now, Air Bud was never a professional player. He only played at the high school level. But still, what NBA superstar could guard the golden retriever with the sweet jumper? Bud would outrun, outhustle and outshoot any player on either team. And even if someone wanted to guard the pooch, who could really be mean to such a nice puppy? No one this side of Charles Manson. So let me get my team together for a real hardy DAVE on three …That’s right, point: McGrath. PoppyWith the first pick of the 3-on-3 street team Point-Counter Point draft (current professional and college basketball players being ineligible), Poppy selects … Gilbert Brown, former Packers’ defensive tackle/center. Every team needs a big man to hold down the paint and what bigger, yet somewhat mobile, player to take than the Gravedigger?Brown never put up big stats in the NFL, but he paved the way for his teammates by taking on up to three blockers at a team, the same way he would bruise opponents on the court with killer screens. Give this man a couple of Gilbertburgers for motivation and it’s a wrap.In the second round, Poppy selects Terrell Owens, wide receiver/forward.A trash talker is essential in the street game (see Billy Hoyle in “White Men Can’t Jump”) and to combat number 85’s mouth, T.O. is needed. Plus, the threat of him tearing apart a team isn’t even a worry on this field; what team doesn’t bitch and moan at each other in street ball?And just like in football, Owens always brings his “A-game.” He was a solid basketball player at Tennessee-Chattanooga and has yearned to play in the NBA’s summer league for years. Get your popcorn ready, ’cause T.O.’s going to put on a show.With the last and final pick, Poppy selects Robin Williams, actor/equipment manager. Williams could play if he really wants to, even as Mrs. Doubtfire if he so desires, but his role on the team is rather simple — supply the flubber for Brown and Owens’ shoes to get those extra ups like he did in his 1997 hit movie.Better yet, flubber would be pretty much undetectable and even if it was, drugs are completely legal on the street courts.With a roster of the Gravedigger, T.O. and flubber, Williams could spend his time plotting Death to Smoochy, because the death to McGrath’s team is a guarantee.
UW senior tight end Lance Kendricks was the go-to target for the UW offense, catching seven balls for 131 yards against the Arizona State Sun Devils Saturday. Kendricks combination of pass-catching ability and blocking tenacity has drawn high praise from head coach Bret Bielema who said the senior is ‘off the charts’.[/media-credit]After catching seven passes for 131 yards and a touchdown Saturday in the Badgers’ 20-19 victory over Arizona State, senior tight end Lance Kendricks drew high praise from head coach Bret Bielema at his Monday press conference.“Lance Kendricks was off the charts,” Bielema said. “Obviously seven catches for the 100-plus yards, but just the way he’s playing and competing and the difference he’s making in our run game is really, really jumping out on film.”At a program known for the success of its tight ends in recent years, including Travis Beckum, Owen Daniels, and Garrett Graham – now all on NFL rosters – Kendricks is making his own mark on the position.“If you took a vote I bet our kids would say he is one of the top five workers in our program,” Bielema said.Kendricks, whose seven receptions on Saturday tied a career high, drew even higher praise from the head coach himself.“He’s playing as good of football as we’ve seen at that position,” Bielema said.Special Teams ConcernsThe up-and-down performance of the special teams units, which gave up a 97-yard kickoff return touchdown and was one missed tackle shy of allowing another right before halftime, didn’t seem to faze Bielema.“It’s just a learning curve,” Bielema said, referring to kick coverage.Bielema also explained that roles on special teams are not the most exciting task for players, so the coaches are responsible for instilling the proper understanding of its importance in their players.“It’s up to us to breed that mentality into them,” Bielema said.Despite its several lapses, there were positives in the performance of the special teams. After the Sun Devils scored a touchdown with 4:02 remaining in the fourth quarter to pull within one point of tying the game, senior safety Jay Valai blocked the extra point attempt, which led to a one-point victory for the Badgers. For his performance, Valai was declared co-Special Teams MVP for the game.Dealing with the injuriesAs the Badgers move closer and closer to Big Ten play, the injury list keeps growing larger. Linebacker Chris Borland, who has had recurring shoulder issues, missed most of the contest after re-injuring his shoulder. According to Bielema, there are “no updates” on Borland’s status but he confirmed the sophomore linebacker will not play this week.The setbacks for the defense didn’t end with Borland against ASU. Middle linebacker Culmer St. Jean also missed some time, as well as defensive end J.J. Watt.On the offensive side of the ball, wideouts Nick Toon and David Gilreath are both questionable for Saturday’s game against Austin Peay, although if the Badgers were to play tomorrow, both wouldn’t play, according to Bielema.Despite these misfortunes, Bielema lauded his team for its resiliency.“No one flinched when others went in,” Bielema said, highlighting the performances of Kendricks as well as Isaac Anderson and Jared Abbrederis, who saw increased playing time because of the absence of Toon and Gilreath.As for the offensive line, Bielema complimented right tackle Rickey Wagner, who filled in for the injured Josh Oglesby. Bielema also noted that Oglesby will probably be cleared to play for Saturday’s game. At right guard, Bill Nagy and Kevin Zeitler both have a share of the position, although Bielema hinted that Nagy is ahead of Zeitler as of right now.Regardless of problems and setbacks, the Badgers have demonstrated that they have a host of capable players that can fill in whenever necessary.“I expect whoever it is to step up,” Bielema said.Preparing for Austin PeayAfter struggling to put away San Jose State and Arizona State, there are some concerns among followers of Badger football about the team’s ability to play a complete game and demonstrate consistent play in all facets of the game.But Bielema didn’t express concern about the way the games were won.“Each game is totally independent of each other,” Bielema said, dismissing any worries about the specific circumstances of his team’s three victories.Now the Badgers turn their attention towards Austin Peay out of the Football Championship Subdivision. With several upsets involving FCS teams occurring early this season, notably Jacksonville State defeating Mississippi and South Dakota prevailing over Minnesota, it is becoming clear that there are no guarantees in college football. As a result, the Badgers won’t be taking their upcoming opponent lightly. “It’s still 11-on-11, and it’s playing football,” Bielema said.
Scott Shafer couldn’t shake everyone’s hand in the Iocolano-Petty Football Wing on Thursday morning. That’s not to say he didn’t ask to.“But let’s not talk about Villanova ever again,” Shafer said in the middle of his weekly press conference. “I know I brought it up first but let’s all agree to never talk about Villanova again. “Can we shake on it?”In anticipation of Syracuse’s (2-0) 12:30 p.m. matchup with Maryland (2-1) in the Carrier Dome on Saturday, Shafer was presented with a slice of recent program history. If the Orange beats the Terrapins it will be the first time an SU football team starts 3-0 since 1991. The head coach wasn’t interested in that statistic, and said that approaching a game with that mindset was the problem in an all-too-narrow 27-26 win over Villanova on Aug. 29. The Orange bounced back with a 40-3 win over Central Michigan last week, but it seemed that the close call with the Wildcats was fresh in Shafer’s head. AdvertisementThis is placeholder text“That was part of our problem in that first game. We were all diluted and we weren’t focused in on the five-second war of each play, each play is about five seconds long,” he said. “… The best coaches get their guys honed in. I did a horrible job of that against Villanova, and got to make sure we never make that mistake again.”Shafer continually circled back to the “five-second war” on each play and the “6-inch battles” all over the field — a rhetoric he said isn’t going to change. Said Shafer: “Coach speak is coach speak ’cause it’s real.” Comments Published on September 18, 2014 at 1:19 pm Contact Jesse: [email protected] | @dougherty_jesse Facebook Twitter Google+
AI: How it’s Impacting Surveillance Data Storage Tags:#AI#app marketing#apps#developers#engagement#featured#growth#Machine Learning#top#user#User Experience#UX Brian Solis A digital analyst, anthropologist, and futurist, Solis has studied and influenced the effects of emerging technology on business, marketing, and culture. His research and his books help executives, and also everyday people, better understand the relationship between the evolution of technology and its impact on business and society and also the role we each play in it. AI Will Empower Leaders, Not Replace Them Related Posts A Web Developer’s New Best Friend is the AI Wai… China and America want the AI Prize Title: Who … Did you know that 80 percent of users churn within three months of downloading an app? That’s because most apps are marketed to the masses and not necessarily to the right customers.Oftentimes, the goal of app marketing is to reach as many consumers as possible with the hopes of recruiting en masse and converting at better-than-average ratios. But part of the challenge for marketers is that many of today’s strategies are driven by metrics that don’t link to advanced user targeting and growth.More specifically, app marketers aren’t using available data strategically to deliver productive user experiences that ultimately drive greater business profitability.Now more than ever, marketers must shift from tracking traditional vanity metrics to measuring the very things that contribute to retention and growth. More and more, successful companies are investing in customer-centric metrics such as CLV (customer lifetime value) to gain intelligent, consumer-centered insights that not only identify the most valuable customers but also key behaviors and preferences to continually improve consumers’ experiences and journey.Next-generation marketing and CX are about identifying and engaging valuable consumersCLV is more important than apps in isolation. It helps apps and other touch points work together to deliver value-added, cohesive experiences.CLV measures the value a consumer represents to the business across all interactions over their lifetime, not just a single transaction or touch point. That is ultimately the definition of customer experience. It is the sum of all moments a customer has with your brand throughout their life cycle. Marketing and customer engagement is now a cross-functional mandate.Not all app users are the right users. If you use the Pareto Principle, you can assume that 80 percent of business value is attributed to 20 percent of your active consumers. While these percentages aren’t by any means a standard, they do emphasize the need to identify and cultivate the important customers who drive your business.Instead of casting a wide net and attracting as many users as possible in the hopes of retaining a reasonably active base, CLV tied to artificial intelligence (AI) and machine learning focuses marketers and also developers on targeted engagement and growth. The idea is to drive profit by investing in more value-added user experiences and personalized offers. Doing so intentionally cultivates meaningful relationships with key customers.Next-generation customer engagement is about cross-functional collaboration and data sharingUnfortunately, customer experience today is largely siloed. Marketing, mobile, in-store, e-commerce, digital and so on are not collaborating nor operating against the same customer and market data. But that’s all about to change with the proliferation of AI and machine learning tied to smart CLV initiatives.When the goal is to deliver targeted and integrated experiences, not just in-app, but across each touch point and the life cycle overall, companies create a truly customer-centric approach. AI then helps brands get a more complete, shared view and understanding of customer behaviors and expectations.Additionally, AI-driven customer-centricity fosters cross-functional collaboration and data sharing that, by design, boosts customer experiences, along with CLV and business growth.Identify highest-value customers and deliver targeted experiencesAI/machine learning platforms offer intelligent insights when pointed in the right direction. Successful brands study how much revenue highest-value customers drive over their lifetime and how much it costs to manage those relationships. And they examine CLV across all channels to get a holistic view of high-value behavior in all interactions. When the system can analyze important traits of high-value users, it can learn how to optimize CLV.For example, to reach potential high-value customers, AI/machine learning uses data from existing high-value customers to optimize campaigns and touch points. In a study by Bain aimed at retail banking, it was found that it costs banks $4 every time a customer calls or visits. However, if consumers can complete the transaction via an app, it costs only 10 cents.The key is to deliver capabilities in ways that consumers prefer and appreciate. Imagine how much AI and machine learning could additionally uncover when tasked with identifying friction points and new opportunities.AI and CLV call for a new customer-centric playbookYou’ve probably heard time and time again that it costs more to acquire a new customer than to retain one. Brands that are winning prioritize CLV and AI and are drafting the playbook as they go. They:develop a customer-centric mindset.open doors between silos around in-store, digital and mobile so teams can focus on one clear business goal, rather than individual metrics (such as engagement or clicks).align customer-facing groups to a business outcome such as CLV and promote cross-functional collaboration and data sharing to assemble a holistic view of the customer across all touch points.understand who their highest-value customers are, how much revenue they drive over their lifetime and how much it costs to manage the relationship — across all channels.focus on measuring and communicating clear business goals rather than individual or vanity metrics.AI and machine learning improve both by using existing data without cognitive bias. The more the system learns, the more it optimizes.In the end, not all customers are created equal. By identifying those who drive value, how and why, you can learn how to design and deliver personalized value to them and enhance customer engagement and experiences to grow your business now and over time.
If you are going to be successful, you are going to have to work with people with whom you disagree. The more effectively you can do so, the better leader you become.The fastest and easiest way to get what you need from somebody is to help them get what they need. What they need is always something deeper than what is presented. What you need is also always something deeper than what you present.What you heard and what was said are different. Work harder to discern what was said and don’t worry so much about what you heard.Persuasion is better than force. Force is often the tool of choice for the unpersuasive. Persuasion generates buy-in. Force generates resistance.At their core, all problems are the result of a scarcity mindset and a lack of resourcefulness. The universe knows no scarcity. Perhaps not coincidentally, neither does the human imagination.All human beings seek meaning, significance. They need to know that they matter and that they can make a difference. We follow people who provide that meaning.The fastest way to cure a foul mood is to do something to help someone else. The second fastest way is to exercise. The best way to avoid a foul mood in the first place is to get enough sleep.You are the greatest obstacle to your own success. The sooner you recognize this fact and act on it the sooner you produce better results in all areas of your life.You have a story that you tell about yourself. Change the meaning of the events in that story and you change your future (for good or for ill).Adversity is a gift cleverly wrapped in a breath-taking challenge. Unwrap it and grow.Each day, the sun rises in the East and sets in the West. This is true no matter what happens on this little spinning rock we call home. Don’t worry too much.
YouCaring, the world’s trusted leader in free crowdfunding for personal, medical, and charitable causes, has announced that Houston Texans defensive end JJ Watt’s Houston Flood Relief Fund reached $10 million, officially becoming the largest and fastest-growing charitable crowdfunding campaign in the industry’s 10-year history.JJ Watt kicked off the campaign on Sunday afternoon with a personal contribution of $100,000. With the help of over 100,000 donors across the US, including recording artist Drake, who issued a video message of support to the city, Tom Brady, Ellen DeGeneres, Walmart, Tennessee Titans owner Amy Adams Strunk and Houston Rockets’ Chris Paul, the campaign surpassed its initial $200,000 goal in less than two hours, and has now surpassed $11 million. The vast majority of donations are under $100 each from Americans across the country.As a certified B-Corporation with a focus on helping people faced with hardship, YouCaring does not take a cut of each donation, but instead relies on voluntary donor tips to fund operations.“We’re a small team of about 50 people,” said Dan Saper, YouCaring’s CEO. “The influx of donations and support has been overwhelming, and we’re proud to announce that we are giving back $50,000 of donor tips to JJ’s fundraiser to help the victims of Hurricane Harvey.”“Unlike other crowdfunding platforms, we have always been free to use, ensuring more money goes to the people who need it most,” said YouCaring’s CMO, Maly Ly. “I am amazed and humbled by the many tens of thousands of individual donations that have been coming in since Sunday, and which testify to Americans’ ability to empathize with those in need and their willingness to help however they can.”In addition to JJ Watt’s campaign, YouCaring is now supporting over 1,000 active Hurricane Harvey relief fundraisers.Watch a video timeline of the JJ Watt campaign.Click here to donate to his fundraiser and support the victims of Hurricane Harvey.
Facebook Twitter Google+LinkedInPinterestWhatsAppThursday is World Diabetes Day and the Turks and Caicos Diabetic Association wishes to remind the public to ‘step out’ in their World Diabetes shirts on Thursday to support the day. As the organization continues its mission throughout the month to promote diabetes awareness and wellness within the community, the Association will also be having a walkathon this Saturday starting at the Children’s Park in the Lower Bight. Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp