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

Liverpool return to Anfield as Man City aim to prolong title wait

first_imgBruno Fernandes could start alongside Paul Pogba for Manchester United for the first time on Wednesday Depending on the outcome of City’s appeal against a two-season ban from European competition, fifth place could be good enough to qualify for next season’s Champions League. United are in pole position to take advantage of their local rivals’ punishment and made an impressive return despite being held to a 1-1 draw at Tottenham on Friday. Paul Pogba won the penalty, converted by Bruno Fernandes, for United’s equaliser on his first appearance since December 26 as a substitute. Ole Gunnar Solskjaer is expected to pair the two star midfielders together from the start for the first time against Sheffield United on Wednesday. Read Also: La Liga: Barcelona boss Setien questions use of VAR The Blades have taken just one point from their opening two games of the restart, but can still move above the Red Devils with victory at Old Trafford. Wolves picked up where they left off by beating West Ham 2-0 to move into the top six and will be confident of another victory when they host Bournemouth at Molineux. Fixtures (all times GMT) Tuesday Leicester v Brighton (1700), Tottenham v West Ham (1915) Wednesday Manchester United v Sheffield United, Newcastle v Aston Villa, Norwich v Everton, Wolves v Bournemouth (1700), Liverpool v Crystal Palace (1915) Thursday Southampton v Arsenal, Burnley v Watford (1700), Chelsea v Manchester City (1915) FacebookTwitterWhatsAppEmail分享 Liverpool’s 30-year wait to win the English title could come to an end this week, but the Reds must rely on Manchester City dropping points at Chelsea. Liverpool could seal a first Premier League title in 30 years this week Jurgen Klopp’s men host Crystal Palace in the first Premier League game at Anfield for 110 days. A 0-0 draw at Everton in their first match for three months on Sunday means the champagne will remain on ice even if Liverpool return to winning ways. However, victory for Klopp’s side will leave City needing to win at Stamford Bridge 24 hours later to deny Liverpool the title. Palace were the last team visiting team to win a league match at Anfield over three years ago. The Eagles impressed in their comeback with a 2-0 win at Bournemouth on Saturday to close to within four points of the European places and Klopp was impressed with what he saw. “I saw Crystal Palace and they look like a proper-oiled machine,” said the German. “They have four times in a row now a clean sheet, so it will be a tough job 100 per cent, I know that. But that is how the Premier League is always, so no problem with that.” Liverpool are hopeful of having Mohamed Salah and Andy Robertson back fit after both were badly missed in the Merseyside derby. City’s strength in depth was on show as Pep Guardiola was able to make eight changes for Monday’s 5-0 thrashing of Burnley. Kevin De Bruyne and Raheem Sterling are among those expected to come back into the side for the stiffer test of Chelsea, who will be looking to cement their place in the top four. Frank Lampard’s men came from behind to beat Aston Villa 2-1 on Sunday to open up a five-point lead over Manchester United and Wolves. “Now we have three points when some teams have lost points around us,” said Lampard. “We played well in patches but when they put us under pressure slightly, I thought we gave it away too easily – things we will definitely have to clean up on in the future games coming up.” – Pogba back – Loading…last_img read more

Club Action – Results

first_imgPhoto © Tipperary GAA West Minor B FootballGroup One -Annacarty/Donohill 4-1 Clonoulty/Rossmore 0-7“Tipperary Water” County Hurling Lg, Div 1,Group 1Toomevara 3-25 Eire Og Annacarty/Donohill 0-18Group 2Clonoulty/Rossmore 1-10 Upperchurch-Drombane 2-19Then in Div 2, Group 1Lorrha, Lorrha-Dorrha 1-18 Newport 0-12In Div 4, Group 1Gortnahoe-Glengoole 1-20 Shannon Rovers 1-17“Tipperary Water” County Football Lg Div 1Group 1Arravale Rovers 0-13 Ardfinnan 1-12Div 2, Group 1Loughmore-Castleiney 0-7 Rockwell Rovers 0-5Div 3, Group 1Roscrea, Inane Rovers – Rosegreen W/OKillenaule, Killenaule 0-10 Clerihan 1-5Group 2Emly, Emly 0-6 St Patrick’s 2-7 In Club action todayIn the Mid Tipp Junior Hurling LeagueDiv 1Thurles Sarsfields 0-10 Moycarkey-Borris 4-12Div 2Thurles Gaels 1-11 Boherlahan-Dualla 1-22last_img read more