Thousands of runners who braved the scorching heat early Saturday, July 24 for the Bix 7 race got a glimpse of the heart of the Hilltop Campus Village (HCV) in Davenport.
Though they likely did not stop then for a stirring jolt of coffee or admire some of the area’s striking architecture, Scott Tunnicliff and Molly
Molly Otting Carlson will start as new HCV executive director on Aug. 2.
Otting Carlson certainly hope they’ll be back soon to take in all the area has to offer.
Tunnicliff – an avuncular, dedicated 66-year-old economic development leader – recently retired as the first HCV director in its 12-year history. Carlson, a 52-year-old Davenport native, left her job as a vice president at Visit Quad Cities to take the reins of the nonprofit (and only Main Street Iowa organization in Scott County) as of Aug. 2.
The Globe and Mail Biff Matthews and Doug McCutcheon Special to The Globe and Mail Published February 15, 2021 Bookmark
The person most responsible for China’s extraordinary economic growth over the past 50 years is Deng Xiaoping, who led that country from 1978 to 1989. His most famous quotation was a homespun comment about a distinction without a material difference. “No matter if it is a white cat or a black cat; if it can catch mice, it is a good cat.”
The investment world is rife with this type of unhelpful distinction. One of the oldest has lately had a lot of play – the distinction between value investing and growth investing.
It s been difficult for actively managed U.S. and international-equity funds to beat their benchmarks. According to Morningstar s Active/Passive Barometer, only 48% of active U.S. stock funds survived and outperformed their average passive peer over the 12-month period ended June 2019, and only 23% of all active funds beat their passive benchmark over a 10-year period. As Morningstar director of global ETF research Ben Johnson notes in the report, foreign-stock and bond funds tend to have higher long-term success rates, while U.S. large-cap funds report the lowest success rates.
To identify funds that not only beat their benchmark but hit it out of the park, we looked for U.S. and international-equity funds that outperformed their benchmarks over the five- and 10-year periods ended in December 2020. Funds had to have a 10-year history and current assets under management of at least $100 million.