Dutch roundup: KLM, Philips, Vervoer

first_imgThe €7.4bn KLM pension fund for ground staff (Algemeen Pensioenfonds) attributed its quarterly return of 1.6% in particular to the performance of equities and real estate, which generated 5.4% and 2.3%, respectively.Its return over the full year was 0.7%, with real estate and equity returning 8.6% and 3%, respectively.It lost 0.9%, however, on its 52% fixed income portfolio.The ground staff scheme closed the year with a funding of 111.1%The €2.5bn KLM pension fund for cabin staff said a fourth-quarter return of 1.9% allowed it to avoid reporting a loss for 2015, ultimately delivering 0.5%.Real estate, returning 8.6% over the year, was the best performing asset class.The scheme said its equity holdings returned 3%, whereas its fixed income generated an annual loss of 1%.At year-end, funding at the Pensioenfonds KLM Cabinepersoneel stood at 108.5%.Meanwhile, the €17.6bn Philips pension fund reported a quarterly return on investments of 1.1%, which it attributed in particular to real estate and equity.It said its annual return was 1.2%.During the past three months, high-yield credit and emerging market debt delivered positive results.In contrast, euro-denominated government bonds, global government bonds and commodities all declined.The pension fund said it official policy funding stood at 111.7% at year-end and that its assets had dropped from €19.8bn to €17.6bn over the fourth quarter.Lastly, the €20bn sector scheme for public road transport (Vervoer) reported annual and fourth-quarter returns of -1.5% and 0.7%, respectively.Vervoer said its policy funding stood at 104.4% at year-end. The three large KLM schemes and the Philips Pensioenfonds have reported “modest” results for 2015, with KLM’s pension fund for cockpit staff performing best with a 2.3% annual return.At least one KLM scheme, thanks to relatively strong performance over the fourth quarter, was able to avoid closing out the full year with a loss, according to the schemes’ quarterly report.The €7.9bn KLM scheme for cockpit staff (Vliegend Personeel) reported a fourth-quarter return of 1.5%.Its policy funding – the criterion for indexation and rights cuts – stood at 122.9% at the end of 2015.last_img read more

Okocha: Bundesliga Better than Premier League

first_img“Bundesliga is better than Premier League in terms of tactical approach, technical approach, discipline, stadium attendance and number of goals scored per week,” observed Okocha whose stint as Eintracht Frankfurt remains talking point to date.Okocha also insisted that the Bundesliga has the best youth development programme in Europe. He attributed the youth programme as one of the reasons for the successful development of German football in recent years.Bundesliga usually attracts more than 18 million spectators in total to the stadiums every season. The Bundesliga’s current average attendance of about 42,000 fans per match is the highest in a professional football league worldwide and only second after the American National Football League (NFL) compared to all professional sports leagues.According to StarTimes Marketing Director, Mr. Dare Kafar, “The Bundesliga Legends Tour is a continuation of the journey that was started more than twelve months ago when StarTimes signed the exclusive broadcast right of the Bundesliga for five years in Nigeria.”He further reiterated that, StarTimes is also using this platform to allow subscribers and fans to interact with their Bundesliga legends.Okocha while in Lagos and Accra will share his experience on the Bundesliga during live studio shows and serve as co-commentator for Bundesliga matches. He is to also take part in various activities like football clinics and autograph sessions for African football fans.Another Bundesliga legend, Sunday Oliseh will visit Kenya between December 20 and 22 where he will appear as an analyst and guest with media partners, holding training sessions with local football managers and meeting with football fans in Nairobi.Speaking on behalf of the Managing Director, DFL Sports Enterprises, Mr. Daubitzer, Tobias Ross stated that, ‘Bundesliga is very proud to partner StarTimes and Austin Jay-Jay Okocha.He underlined that it is very important for them to take the Bundesliga experience out of Germany with activities such as the Legends Tour. “We want to be close to our international supporters and show them what makes the Bundesliga so special,” Ross noted.StarTimes Bundesliga Legend, Tobias Ross, Manager for International Marketing–DFL, Henning Brinkmann, Manager for Sales and Marketing – DFL, Bundesliga and Jana Bernhard, Manager for Events and Promotion – DFL alongside many other dignitaries attended the event which held last weekend in Lagos.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Duro IkhazuagbeFormer Super Eagles Captain Austin Jay Jay Okocha has described the German Bundesliga as a better league than the English Premier League in terms of statistics.Speaking with sports journalists at the Bundesliga Legend Tour with Austin Jay Jay Okocha, organised by foremost digital television company, StarTimes and DFL Deutsche Fussball Liga, Okocha, insisted that in terms of tactical approach, technical approach, discipline, stadium attendance and number of goals scored per week, Bundesliga was better.last_img read more

Barca not a one-man team, says Messi

first_img0Shares0000Lionel Messi came on early in the second half to help Barcelona salvage a draw at home to Athletic Bilbao on Saturday © AFP / Pau BarrenaBARCELONA, Spain, Sep 29 – Lionel Messi says Barcelona are “angry” after their draw at home to Athletic Bilbao on Saturday but insists they do not depend on him to win.Barca were held 1-1 by Bilbao at the Camp Nou to make it three games without a victory, with Messi left out of the starting line-up and brought on early in the second half. It was his shot that Munir El Haddadi turned in for a late equaliser but Oscar de Marcos’ close-range finish before the interval was enough to secure Bilbao a point.The result means Barcelona head to Wembley to face Tottenham on Wednesday on the back of a difficult week, which also saw them draw at home against Girona and lose to Leganes.“Anxious? No, the season is very long, we feel angry after the last two results,” Messi told beIN Sports.“Today I think we created situations to win and we couldn’t do it and we are aware that we have to become stronger defensively and that we cannot score goals in every match.”Barca coach Ernesto Valverde accepted after the game that leaving Messi out with Spurs in mind had been a risk that had failed to pay off.It also left the team open to accusations again of an over-reliance on Messi.“We have a strong team and we don’t depend on any one player,” Messi said.“This is Barcelona, ​​we have enough players not to have to depend on a player. What is said, it hurts after these results but we have to be calm and be aware that this is a very long season.”Barcelona take on Spurs, having made the perfect start in the Champions League by beating PSV Eindhoven 4-0. Messi scored a hat-trick.“On Wednesday we’re going to have a tough match and we need to be focused on qualification already because it is a very complicated group,” Messi added.“We are aware that we have to improve many things, but we need to stay calm, it’s a very long season.”0Shares0000(Visited 2 times, 1 visits today)last_img read more