The Environment Agency Pension Fund (EAPF) has committed £85m (€106m) to a new long-term equity fund launched by Ownership Capital.The $750m (€578m) fund, still conducting its first round of capital raising, has attracted mandates from four pension investors, with the £6.5bn scheme for employees of Unilever and the UK’s Pensions Trust also named.Mark Mansley, CIO at the EAPF, said his fund was impressed by Ownership’s commitment to stewardship and responsible investment and noted that it was implementing the recommendation’s of the UK’s Kay Review by focusing its portfolio on 20-30 stocks.He told IPE the EAPF had committed £85m to the strategy, which would form part of the scheme’s 25% allocation to sustainable investments. Ownership was launched in 2012 after four of PGGM’s responsible equity team, including its head Alex van der Velden, left the pension manager.Van der Velden, now the company’s CIO, said much of the asset management industry was “overly short-termist”, an issue Ownership hoped to address“We are excited to have the backing of such highly rated investors as Unilever, the Pensions Trust and the EAPF, and look forward to investing on their behalf,” he said. The fund will target returns over a decade-long period, the company said.Dutch manager SPF Beheer has recently enjoyed some success with more concentrated equity portfolios, while both the EAPF and the UN-backed Principles for Responsible Investment have highlighted the opportunities stemming from a more long-term investment approach.
The Jac-Cen-Del Eagles whitewashed The Shawe Memorial Hilltoppers 10-0 in Varsity Baseball play at Madison.JCD vs. SM Baseball (5-6)Courtesy of Eagles Coach David Bradshaw.
Linda Lou McDole, age 55, of Vevay, Indiana, entered this life on August 8, 1962, in Lawrenceburg, Indiana, the daughter of the late, Gilbert Douglas and Emma Lee (Hankins) McDole. She was raised in Bennington, Indiana and was a 1980 graduate of the Switzerland County High School. She attended Ivy Tech Community College in Madison, Indiana and received her Administrators License in Indianapolis, Indiana. Linda was employed as a registered nurse in the intensive care unit for Carroll County Memorial Hospital and Green Valley Nursing Home in Carrollton, Kentucky. She was also employed for Silver Bell Nursing Home in Versailles, Indiana and Jackson’s Senior Citizen Home in Vevay, Indiana. Linda was a member of the Vevay Tri Kappa and Christian Missionary Alliance in Aurora, Indiana. Linda resided in Aurora, Indiana and in the Vevay community since 1978. Linda enjoyed reading, crocheting and horseback riding. Linda passed away at 3:55 a.m., Thursday, April 5, 2018, at the Swiss Villa Nursing & Rehabilitation Center in Vevay, Indiana.Linda will be deeply missed by her brothers, Robert McDole of Vevay, IN and Paul McDole of Vevay, IN; her sister, Debbie Bamberger of Aurora, IN and her nieces and nephews.She was preceded in death by her parents, Gilbert Douglas and Emma Lee (Hankins) McDole; her brother, David Luther McDole died April 4, 2011 and her sister-in-law, Linda Joyce (Hash) McDole, died June 22, 2012.Funeral services will be conducted Monday, April 9, 2018, at 1:00 pm, by Rev. Mike Jones at the Haskell & Morrison Funeral Home, 208 Ferry Street Vevay, Indiana 47043.Friends may call 11:00 am – 1:00 pm, Monday, April 9, 2018, at the Haskell & Morrison Funeral Home, 208 Ferry Street Vevay, Indiana 47043. Memorial contributions may be made to the Vevay Tri Kappa. Cards are available at the funeral home.