Who needs to sit next to a trader? Asset managers embrace outsourcing Carolyn Cohn ,
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By Carolyn Cohn
LONDON (Reuters) - More pension funds, insurers and asset managers are outsourcing part or all of their dealing desks to specialist traders as they seek to cut costs and adapt their operations to deal with the coronavirus crisis, industry sources say.
Last year s volatility in markets, plunging as the pandemic took hold and rebounding as government stimulus kicked in, meant asset managers spent more time juggling trades and less time on their usual job of long-term asset allocation.
R.I.P. Ben Aipa (1942-2021)
Photo: Jeff Divine
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When Ben Aipa’s big heart finally stopped beating on Friday, January 15th after the man succumbed to multiple health issues including heart problems, diabetes, strokes and dementia, the surfing world lost one of its most remarkable characters and in some ways, one of its least-appreciated. Not due to any lack of respect. Ben commanded respect without even asking for it, from the moment he first took to the waves at Waikiki as a burly 23-year-old. But he wasn’t exactly shy. No other three-letter athlete from Farrington High, semi-pro football player and blue-collar truck driver could get by without occasionally puffing a few lips let alone learn to surf in Hawaii as a full-fledged adult.
The culture was terrible : new film charts how trailblazing women surfers forced change
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Widely recognised champions in Stephanie Gilmore, Tyler Wright and Sally Fitzgibbons. A recent breakthrough to get equal prizemoney with male surfers. And just before Christmas, an historic first event at Hawaii s iconic Banzai Pipeline.
Former world champion Pam Burridge is delighted by how far women s surfing has come since her early years on the professional tour in the 1980s.
A black surfer s manifest of destiny
December 23, 2020 |
Surfing
Thurston Sawyer II could very well be the most controversial person you ll ever meet.
He presents himself as Brohuna, the world s first African American professional surfer, and defies the history of surfing as we know it.
But there s more.
Sawyer likes to talk about his past as an actor, artist, designer, inventor, writer, philosopher, scientist, musician, businessman, and martial arts priest.
He started emailing and spreading his word in the aftermath of George Floyd s death, the African American man killed at the hands of the police in Minneapolis in May 2021.
Thurston Sawyer s story has been largely ignored by all the media outlets that got his press releases. Until now.