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Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year due to market uncertainty as the pandemic hit Britain s economy.. | May 20, 2021 ....
Insurer Aviva Will Close 3 UK Property Funds Hit by Pandemic Economic Turmoil insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.
The move this week by Dan Gilbert and his Rock Holdings Inc. to sell shares in Rocket Companies Inc. to raise $500 million to support Detroit neighborhoods is a common practice in philanthropy, experts say. “It’s not unique,” said Kyle Caldwell, president and CEO of the Council of Michigan Foundations. “Some of our more storied foundations across the country and even in our backyard in Michigan have been developed through the selling of stock.” When Charles Stewart Mott died in 1973, Caldwell noted, he was a large holder of General Motors stock. The sale of stock helped fund an endowment for the C.S. Mott Foundation, one of Michigan s leading foundations that participated in the grand bargain to speed Detroit s exit from Chapter 9 bankruptcy. ....
Bock is the liaison to the police department for the Millcreek Township Board of Supervisors. We just discussed authorizing the chief to start the process for up to probably several new patrol hires, which would likely take place no later than the end of July, Bock said. Preliminary talks are to authorize the chief to kind of begin the process of looking to get several new hires. That s off of the (Mercyhurst University Northwest Pennsylvania Regional Police Testing Consortium) list, and we re part of the consortium, Bock said. I believe that list was formulated in August 2020, so it would be in effect for approximately a year. ....
Neil Woodford’s comeback: Four City fund managers who also said sorry News that the disgraced fund manager Neil Woodford is plotting a comeback may have raised eyebrows in the City, but he is not the first stockpicker who said sorry for his vehicle’s performance, and who did manage to stay in the game. Woodford gave an emotional interview over the weekend in which he apologised for the collapse of his investment company and said he is working to set up a comeback firm by launching a Jersey-based fund focused on biotech assets. It was not, however, the first time Woodford apologised. In September 2017 he said sorry for a spell of underperformance, which ultimately was not turned around. At the time he even responded to critics who asked whether he had ‘lost it’. ....