With his home failing to sell before he headed to a new team, AFL player Tom Rockliff is now after a tenant

first_imgFormer Brisbane AFL player Tom Rockliff hits the track with his new team at Port Adelaide. AAP Image/Ben MacmahonFORMER Brisbane AFL player Tom Rockliff has packed up and moved his family to South Australia to join the Port Adelaide football team.Unfortunately there is a little bit of unfinished business in Brisbane with his home which had been listed for sale, now looking for a tenant.The home was taken to auction on November 11, but as it didn’t sell it has now been listed for rent through Sean Kerswill of McGrath.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour agoNew apartments released at idyllic retirement community Samford Grove Presented by 12 Greendale St, Morningside.According to its online listing the Hampton’s style home at Greendale St, Morningside is now available for rent for $1300 a week.When he listed it for sale, Rockliff said he had an architect design the home and the build was only finished in November last year.“We love the house and living in it, but that’s the way the cookie crumbles,’’ he said at the time.The five-bedroom home has timber flooring and a central living space which opens to the outdoors.The outdoor dining area has elevated neighbourhood views, and looks over the pool area.last_img read more


Interview: Claus Wiinblad – Danish equities, ATP

first_imgClaus Wiinblad, ATP“We have a heritage as the largest Danish institutional investor, and we have always had very good relationships with the different companies that we invest in and have been building on that over a long period of time,” Wiinblad says. “I think the basis of the strategy is to combine the traditional research-driven bottom-up approach of looking at the individual companies and getting to know them, with being an active owner.”Active ownership is an increasingly important aspect of being an institutional investor. ATP has a variety of methods of getting involved in the companies it owns, Wiinblad says, including voting at annual general meetings (AGMs), bilateral meetings with management, and even through the press.“If we can actually move the companies to take what we think is the right approach, then that’s fantastic, but in the process we also get to know the companies better and can use that knowledge,” he adds.As an investor that is closely involved with many companies on its relatively small patch of home turf, does ATP’s knowledge of a company ever tip over into insider information?“It’s something we have to consider every time we meet up with people at a company – is there any knowledge we have gained here that crosses the line?” he says.There are numerous occasions when that knowledge does indeed cross the line. ATP’s compliance team has to keep a list of companies where that is the case, Wiinblad explains, and all staff are then forbidden from trading in those securities.“There are mostly one or two names on that list on an ongoing basis where we have become an insider,” he says.Even when possession of insider information is not at issue, could there be a danger of excessive loyalty to companies or their staff inhibiting ATP from acting as an independent investor?Wiinblad is clear: “Our first priority is the return to our members.”“That being said, we are fully aware and conscious that our investment strategy is different from that of a hedge fund, which might do a raid on a company and then be out three months later,” he says. “They don’t have a problem if they are in bad standing with the company, but we do take into account that we are long-term shareholders, and if there is a conflict, then we have to manage that conflict.”ATP announced a new policy of active ownership and voting on all listed equities in its latest annual report. It also updated its long-term policy and laid down certain principles and processes. In a new initiative in 2016, the pension fund said it voted at general meetings in all companies globally in which it holds listed equities.The fund’s presence and comments at AGMs in Denmark earlier this year were reported several times in the local media, but Wiinblad says the pension fund has not become more active as an owner.“It’s typical that we will try to express our opinion on remuneration, governance and strategic matters, and we have a list of topics on which we will express our views on an ongoing basis,” he says.“It also sends a signal to other companies that we are explicit about our position.“But our level of dialogue varies according to a particular company’s behaviour and results,” he says, concluding: “We don’t have to be active just for the sake of it.” Occupying a unique position as an investor in its domestic equities market, Denmark’s giant pension fund ATP – the fourth largest in Europe with DKK753bn (€101bn) of assets – has had to carve its own path as a return-seeking owner of local businesses.Its strategy has generated returns of more than 30% a year on average since 2013 from listed Danish shares, which made up roughly 13% of the fund’s investment portfolio at the end of June. In the first half of 2017 this allocation was the best performer in the portfolio, generating DKK4.1bn – more than a quarter of ATP’s H1 2017 investment return.Claus Wiinblad, the pension fund’s domestic equities chief, attributes this success to ATP’s deep knowledge of the companies in which it invests, coupled with its active ownership stance.Wiinblad describes ATP’s approach as “an old-fashioned long-only stock-picking fundamental strategy”. While it is an actively managed portfolio, some stocks have been in the portfolio “for more or less the entire lifetime of ATP”, Wiinblad tells IPE.“I don’t recall a time when we didn’t have Novo Nordisk stocks, but even though the size of the position has varied significantly over time, it is a long-term portfolio so the turnover is not as high as it might be,” he says.It should be noted that because ATP’s reported returns are based on its DKK100bn investment portfolio — which is only around a seventh of its total assets – there is a certain leveraging effect which makes these returns hard to compare with those produced by other pension funds.Nevertheless, the recent contribution from the domestic allocation is remarkable.last_img read more


Decatur County United Fund adds new members to board of directors

first_imgGREENSBURG, Ind. — The Decatur County United Fund recently announced new members to its board of Directors.The United Fund said that Jayne McCleland, Brent Muckerheide, and Nathan Louden will positively impact the community.These individuals will serve with the United Fund through January of 2020.Other United Fund directors include President, Brian Wenning, 1st Vice President, Lora Williams, 2nd Vice President, Brad Schutte, as well as Joyce Denton, Sarah Green, Charla Nash, Rebecca Myers, and student directors Sarah Bohman, Jacob Johnson, and Emily Lowe.last_img


Friday FanDuel, DraftKings Picks: MLB DFS lineup advice for daily fantasy baseball tournaments

first_imgMORE: DFS Lineup BuilderFriday FanDuel Picks: MLB DFS Lineup AdviceThe following picks are for a FanDuel single-entry tournament.We opted to pay up for a starter on FanDuel because of the added points for a quality start. We can’t count on many pitchers lasting at least six innings in their first starts of the season, so we’ll go with a veteran workhorse like Justin Verlander since he should hopefully get a long leash.Because we’re paying top dollar for a pitcher, we’re going with a stars-and-scrubs approach with our hitters. A Red Sox stack against lefty Tommy Milone and Baltimore’s relief corps makes sense, though we don’t like that Jose Peraza is hitting ninth. Still, he hits lefties well and is cheap. J.D. Martinez is probably underpriced for his upside, so we’ll take advantage there. We’re also taking advantage of the universal DH — and the lack of proper pricing to account for it — and using Justin Smoak, Matt Carpenter, and Jay Bruce. There’s a real possibility none would be in their teams’ respective lineups if not for the extra hitter, so we’ll hope for some cheap points. SP: Justin Verlander, Astros vs. Mariners ($11,200). C/1B: Justin Smoak, Brewers @ Cubs ($2,700). 2B: Jose Peraza, Red Sox vs. Orioles ($2,500). 3B: Matt Carpenter, Cardinals vs. Pirates ($2,500).  SS: Xander Bogaerts, Red Sox vs. Orioles ($3,600). OF: Jay Bruce, Phillies vs. Marlins ($2,100). OF: Khris Davis, A’s vs. Angels ($2,700). OF: J.D. Martinez, Red Sox vs. Orioles ($3,900). UTIL: Francisco Lindor, Indians vs. Royals ($3,800).  Friday DraftKings Picks: MLB DFS Lineup AdviceThe following picks are for a DraftKings single-entry tournament.We’re not paying up for a top pitcher on DK, but we’re not going cheap either. Between the matchups, parks, and strikeout upside, we think Jack Flaherty and Chris Paddack can get the job done, though Paddack’s matchup is a bit more worrisome.Our primary stack comes from the A’s (which would’ve been good reason to take Frankie Montas at pitcher, but we have a little less faith in him overall), and even though it’s not cheap, it’s not prohibitively expensive. We also have mini-stacks from the Red Sox and Padres, and we’re gonna use Mike Trout while we can.In full evening slate contests, many will opt for more guys starting early because they know they’re in the lineup and that the games will start on time, so relying so heavily on West Coast guys can give us a little differentiation, even if it means having hitters in undesirable ballparks. SP: Jack Flaherty, Cardinals vs. Pirates ($9,000). SP: Chris Paddack, Padres vs. Diamondbacks ($8,600). C: Sean Murphy, A’s vs. Angels ($3,500). 1B: Michael Chavis, Red Sox vs. Orioles ($3,000). 2B: Ty France, Padres vs. Diamondbacks ($3,000). 3B: Manny Machado, Padres vs. Diamondbacks ($4,000).  SS: Marcus Semien, A’s vs. Angels ($4,300).  Friday’s MLB schedule doesn’t feature a full slate, but with 11 games starting after 7 p.m. ET (and no real weather worries in the forecast), there are plenty of appealing options for MLB DFS lineups. It’s not even difficult to find two high-quality starting pitcher options for DraftKings contests. If anything, it’s more difficult to pick one pitcher in FanDuel tournaments.No matter what type of contest you prefer, there are plenty of ways to build your lineups. We’re going with two slightly different strategies for our FD and DK teams, so use the samples below as guides when putting your lineups together. OF: Khris Davis, A’s vs. Angels ($4,000). OF: J.D. Martinez, Red Sox vs. Orioles ($4,800). OF: Mike Trout, Angels @ A’s ($5,700).last_img read more