The fund said this strategy had been a large component in the outperformance for 2013.Another factor was the emphasis on active management.The fund outperformed the benchmark index by 0.5 percentage points before expenses, although last year the outperformance had been 1%.AP4 has now outperformed its benchmark index for a tenth consecutive six-month interim period, which means it has delivered a better return than passive management.The return for 2013 takes the annual nominal total return after expenses over the past 10 years to 7.2%, or 5.9% adjusted for inflation.This comfortably overshoots the board’s real return requirement of 4.5% on average, and has also outperformed the income index.Meanwhile, management expenses remain low, with a total expense ratio of 0.11%, slightly above last year’s 0.10%.Foreign exchange exposure has slightly increased over last year, reaching 28.6% as at 31 December 2013. Fjärde AP-fondens, the Fourth Swedish National Pension Fund (AP4), has announced record earnings of more than SEK37bn (€4.1bn) for calendar year 2013, a total return of 16.4% after expenses.This compares with a total return of 11.2% for 2012.The fund is now worth SEK260bn.AP4’s brief is the achieve the best possible return over time, and its board considers this is best approached by holding a large proportion of publicly quoted equities, both Swedish and non-Swedish.
The riverfront mansion at 101 Commodore Drive, Paradise Waters has a helicopter pad.THE Glitter Strip is renowned for its flashy mansions but one unlike any other on the Coast has hit the market, and it has a jaw-dropping price tag to match.A cinema with 140-inch screen, formal bar, library, au pair’s quarters and waterside pool are among the landmark residence’s highlights.But it is the waterfront helicopter pad that makes the Paradise Waters property really stand out.It is affectionately known as Tulsa.It has multiple outdoor living areas.The perfect spot to entertain.Marketing agent Robert Graham, of Ray White Prestige Gold Coast, described it as a “rarely available benefit”.“This is the only home on the Gold Coast that you can land your helicopter on the waterfront,” he said.It is no surprise then that the statement home is listed for a whopping $16.25 million dollars.Mr Graham sold the vacant land to the owners, who spent years designing and building the home based on decades of experience.“They’ve taken everything that they’ve learnt throughout their lives to create the ultimate house,” he said.MORE NEWS: Hoteliers sell luxury waterfront mansionMORE NEWS: Almost 40,000 households under rental stressMore from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoFancy a drink?The gourmet-style kitchen has all the right ingredients for the home chef.The cinema has a 140-inch screen.“It was a labour of love.”He said ill health had unfortunately forced the owners to sell it.The three-storey house was designed by renowned architect Jared Poole.Mr Graham said it had been affectionately called Tulsa, which was the name of an extended family member’s Victorian farm.A standout feature of that farm, a Howitzer cannon, is now proudly displayed at the property.It has a classic design with chandeliers, walls of soaring windows, a cobblestone driveway and grand white balustrades surrounding its perimeter.There are five bedrooms, six bathrooms including one outdoors, and 30m of main river frontage.Check out that view.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51
The qualification tournaments will see two to four FIFA talents selected for the Hertha BSC Esports academy.Working with the Head of the Academy Matthias “STYLO” Hietsch, who ended 2017 as one of Germany’s top FIFA talents; he took second at the Dreamhack event in Leipzig in 2016. He also made the final of the 2016 and 2017 virtual Bundesliga.Paul Keuter, a member of the Hertha BSC board said of the news: “We have decided to take the decision and join the eSports industry and continue the tradition of going our own individual way about things. We want to boost our already successful footballing academy and take that success into the eSports and digital world. Our goal is to scout out a range of talents and develop a range of innovative and sustainable eSport professionals from Hertha BSC.”As well as the development of the FIFA academy those chosen will be further educated in the area of digital media. The successful YouTuber Ben “NoHandGaming” Paul will act as host for the sessions. The Berlin-born, self-confessed Hertha fan maintains over 325,000 subscribers and has 55 million video views and counting on his FIFA-Gaming YouTube channel.As mentioned, the insurance company AOK Nordost will broaden its partnership with Hertha by supporting the education of those on the esport programme. Hertha and AOK have been partners for a number of years and will aim to promote an active lifestyle with more exercise through the esports project.Daniela Teichert, member of the AOK Nordost committee, said: “The partnership will allow us to spread the message of a healthy lifestyle to young children and their parents not just at the academy but at Bundesliga home games as well.A lot of people see eSports stars as ‘Couch potatoes’ but these professionals must be fit and healthy. As an insurance company we want to pass on tips and advice to these players so that they can pass on these ways of life to other of the same age who have a big interest in eSports.”Hertha will work closely with STARK eSports GmbH in the planning and carrying out of these scouting events, as well as the setting up and looking after of the Hertha BSC eSports academy itself. The agency already works with clubs including VfL Bochum, VfL Wolfsburg, Schalke, FC Basel and more.As FIFA’s esports scene heads into 2018 there looks set to be a lot more buzz around it. The road to the FIFA eWorld Cup, which has replaced the FIFA Interactive World Cup, will see a lot more qualifier type competitions pop up prior to its culmination in July 2018. Gfinity has already made a big play by announcing FIFA as part of its next Elite Series. The German capital’s top team have partnered with the agency Stark eSports GmbH as they look to ‘discover and develop the best FIFA talents in the region’. Insurance firm AOK Nordost will also widen its connection to Hertha through this new project. Hertha BSC have shown considerable commitment as well as their ambition and dedication to be a forward thinking club as they have become the first in Germany’s top division to create their own esports academy. The new year will see both tournaments and scouting events take place in Berlin, Brandenburg and Mecklenburg-Vorpommen, with the purpose being to find the most talented young FIFA players around. The competition will be open to all those in the region aged between 12 and 18. Matthias “STYLO” Hietsch, Hertha BSCHertha BSC will become the first Bundesliga club to form their own esports academy. We’ve no doubt we’ll continue to see more investment from football clubs in the space in the coming months.Esports Insider says: Huge news for Stark Esports as they continue to prove that they’re one of the leading agencies, particularly when it comes to connecting sports clubs to esports. Great for FIFA to have Hertha involved in the scene, and moreover, nice to see them doing far more than just signing a player or two and giving them shirts. All we want for Christmas is for more Premier League clubs to get involved!