We see a bit of a drop when it comes to european stock equities, down some 0. 4 . A lot of the focus is on what Central Banks will and wont do in the upcoming days. Looking at pound, because of herschel he parliament and the suspended. Rogued, 1. 63, soear yield at it is stabilizing a little bit. We will be speaking to a Morgan Stanley chief executive. That interview coming up at 7 30 p. M. London time, but first, lets get straight to new york city and the bloomberg first word news. Of the chineser communist party taking aim at comments from a peter navarro, saying they are unconstructive lies. The president ial advisor is considered a hawk. He has repeatedly accused china of seven deadly sins. The peoples daily says such comments are preposterous. Te winningster con the first of two confidence votes in the italian parliament. Withomised to work closely brussels on a 2020 budget featuring lower labor taxes and a minimum wage. Later today, his Government Faces a senate vote. Factory pri
For example, healthcare, medical access and Senior Housing and similar to what tonya was discussing on the private equity side, those sectorfocused funds, we think, you know, our data has shown that those sectorfocused funds have generated more than the diversified funds and also gives us and staff the ability to tail tailor the portfolio more than we could if we were looking at diversified funds. Thats an interesting tabernacledynamic,maybe a benefe market. That isnt to say moving away from the funds and theres approaches to having both on the portfolio works pretty well and some of those diversified managers have proven to be good at pivoting from one sector to another and much more nimble than we could in terms of allocating a specialfocused fund. So i think the combination is attractive. Just touching on the market environment, i dont want to spend too much time but similar to private equity and most asset classes, real estate is fully value and real estates across markets and prop
Some the emerging markets exposure comes through asia and latin america. That brings me to the next page, 17. On the coinvestment front, spurs has been active. Though measured in gradual and in the implementation. Spurs made the first coinvestment in the private equity portfolio in 2014 and since has made an additional 11 coinvestments. Eight of those were through the commitment to Asia Alternatives and its fund heavtofund manat and four were outside. In each case, they were with a manager spurs has invested with and has an existing relationship through the portfolio. So they highlight that staff did a good job of existing manager knowledge to enhance execution capabilities in the coinvestment portfolio. Together, these coinvestments represent close to 200 million in commitments with an average byte size of 15 million which we feel is appropriately sized relative to the byte size at the fun level. And lastly, ill highlight spurs has been disciplined. Its 20 of the private equity and th
northern ireland secretary says he will call an election on the 28th of october to if the stormont executive has not been convened. there were more than 3 thousand heat related deaths in england and wales this summer with more than 250 excess deaths a day recorded during the hottest period and we ll find out later which city will host next year s eurovision song contest the competition will be held in either liveprool or glasgow in place of ukraine social care providers are warning millions of people could be left without support unless there s a complete overhaul of the system. care england, which represents independent providers, says services for people who can t look after themselves, must be restructured or the nhs will be on its knees. the government says it s investing £5 billion in social care in england over the next three years. jeremy cooke reports. are you all right? have you been in the shower? for wendy, it is the first call of the day. i have got some
Is this the key to clean contain of shipping a sales crisis . How many tests the employees will lose that jumps and factory recycling a 2nd life. The batteries being reported risk fun, but not always say lets do it on the next level today, we want to find out how entire residential areas can be defeated with this icy cold water with a heat pump. A fairly large one, its minus one degrees. It feels like a 1000 needles in my leg, and i thought id just see how cold this water really is bad idea. It really hurt heat for how as an industry requires more energy than any other sector. The majority from fossil fuels sold from the Climate Emissions need to be reduced to make the building sector more sustainable. Theres no getting around heat pumps, large or small. They convert energy from the air, water, or earth into heat. Around 300000 people live in mannheim directly on the ride, and the river plays a special role today the, the magic segment, again, its the local Energy Providers producing e