first_img H2 Gambling Capital and iGaming Business are pleased to bring you the LatAm iGaming Dashboard, featuring growth projections for the Latin American region. With markets such as Brazil and Argentina moving towards introducing regulation, and the Colombian market already open for business, gross win for the region is expected to almost double from 2019 to 2024.  Bingo Regions: LATAM Argentina Brazil Chile Colombia Panama Uruguay Tags: Card Rooms and Poker Mobile Online Gambling Slot Machines Subscribe to the iGaming newsletter LatAm iGaming Dashboard – April 2019 25th April 2019 | By contenteditor H2 Gambling Capital and iGaming Business are pleased to bring you the LatAm iGaming Dashboard, featuring growth projections for the Latin American region up to 2024.H2 estimates that interactive gaming gross win will reach €715.5m (£619.1m/$801.8m) in 2019, driven predominantly by the Brazilian and Chilean markets. Brazil, according to H2, will generate igaming gross win of €291.4m, despite the country’s lawmakers only just beginning work on developing a regulatory framework for online sports betting in the country.Recent years have suggested that the long-awaited roll-out of regulation in the region is finally happening. Colombia was the first to regulate igaming, which H2 believes will drive gross win to €94.6m for 2019.Argentina’s capital province of Buenos Aires passed igaming legislation in December 2018, with Governor María Eugenia Vidal then signing a regulatory decree in March this year. However H2 does not expect this to result in any significant growth in the country’s igaming market in the year ahead, with gross win expected to come in at around €42.9m.However, growth across Latin America is expected to be ramped up in the coming years, with regulation contributing to igaming gross win almost doubling to €1.37bn by 2024. This will again be driven predominantly by Brazil, which is expected to generate €744.5m of the total for the year, rapidly outstripping all other markets.H2 is also bearish on mobile in the region, estimating that the channel will account for just 23.4% of igaming gross win across all markets in 2019. It also expects mobile to be responsible for less than half of total market revenue (39.1%) by 2024.In terms of product, sports betting and lotteries will dominate the Latin American and Caribbean igaming markets in 2019, each accounting for 30.3% of revenue. Casino follows with a 23.5% share, with poker and bingo lagging behind on 8.2% and 7.7% respectively.H2 Gambling Capital is the gambling industry’s leading consulting, market intelligence and data team. The company has a track record of nearly 15 years focused on the global gambling industry, its projections have been influential in shaping legislators’  and investors’ views of the gambling sector across the globe. Topics: Casino & games Finance Legal & compliance Lottery Sports betting Bingo Poker Slots AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Austria’s Financial Police have carried out a total of 278 inspections on suspected black market gambling venues since January, resulting in the confiscation of over 660 gaming machines. Over half of the seized machines were found in the nation’s capital, Vienna.In a statement today (28 July), Austria’s financial police set out the progress it has made this year towards a reduction in illegal gambling in the country. It made clear that the majority of illegal gambling activity is taking place in larger urban centres such as Vienna and Linz, something that it described as “concerning”. Over €13m in fines has been issued this year in the capital alone; however illegal gambling is also highly active in the Linz area; between January and June, 123 machines were seized in Upper Austria.The latest series of raids saw 38 machines confiscated across Upper Austria, including from a restaurant which was inspected seven times in seven weeks. A total of 20 machines have been confiscated from this venue alone since May.In rural areas, however, illegal gambling has been largely reduced – for example, in the states of Burgenland, Styria and Vorarlberg combined, only two devices have been found since January.Commenting on the progress, Austria’s finance minister, Gernot Blümel said: “I congratulate the colleagues from the financial police on these remarkable successes. Illegal gambling is now concentrated in the metropolitan areas and – thanks to the excellent work of the financial police – is no longer active across the country.”“The fight against organised illegal gambling will of course continue to protect players. The ‘gambling mafia’ benefits from people’s addiction and destroys their finances, so we must show absolutely no tolerance here.”Finance minister Blümel called this year for the creation of an independent gambling regulator for Austria, taking responsibility for the activity away from the treasury.This intervention took place after the Austrian gambling trade association, the Österreichische Vereinigung für Wetten und Glücksspiel (ÖVWG) called for an end to Casinos Austria’s monopoly. This came in the wake of corruption allegations related to its appointment of Peter Sidlo as shareholder Novomatic’s chief financial officer. Novomatic has since sold its stake in the business to Czech gaming giant Sazka Group. Tags: Slot Machines 28th July 2020 | By Conor Mulheir Casino & games Austrian authorities warn of urban illegal gambling rise Austria’s Financial Police have carried out a total of 278 inspections on suspected black market gambling venues since January, resulting in the confiscation of over 660 gaming machines. Over half of the seized machines were found in the nation’s capital, Vienna. Subscribe to the iGaming newsletter Topics: Casino & games Legal & compliance Slots Regions: Europe Western Europe Austria Email Addresslast_img read more

first_img“During the pandemic, many venues and activities that would typically take cash payments were not open, but their customer-base never left. These are people who still prefer to pay by cash wherever possible, for privacy, self-control and security reasons. CashtoCode also added more than 100 new merchants to its platform and can now be used by customers across 150,000 retail locations in Europe. CashtoCode reveals new senior leadership team The triple appointment comes after a record 12 months for CashtoCode, which saw revenue grow by 500% during 2020. Machmeier previously served in senior roles at both Gameforge and Audi, while Lebenbauer worked for the likes of Tipico and KaFe Rocks. Regions: Europe Bader has worked in the payments industry for a number of years, helping to co-found MuchBetter/MIR and serving as chief commercial officer at both Secure Trading and paysafecard. “Many have not switched to online banking, but have instead utilised services like ours to pay with cash for their online activities.” CashtoCode, an instant cash payment service for online merchants, has announced a series of changes to its senior leadership team, including the appointment of Jens Bader as its new chief executive. “CashtoCode offers a second life to cash, which remains hugely popular despite the growth of card, open banking and online payments,” Bader said. “We enable merchants to target a market sector that they couldn’t reach without an instant cash deposit partner.center_img Tags: CashtoCode AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 10th March 2021 | By Robert Fletcher Subscribe to the iGaming newsletter People moves Topics: People Tech & innovation People moves Payments Christian Machmeier will take on the role of chief technology officer as part of the new setup, while Patrick Lebenbauer will become director of global marketing. Email Addresslast_img read more

first_imgCottco Holdings Limited (COTT.zw) listed on the Zimbabwe Stock Exchange under the Agricultural sector has released it’s 2009 abridged results.For more information about Cottco Holdings Limited (COTT.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Cottco Holdings Limited (COTT.zw) company page on AfricanFinancials.Document: Cottco Holdings Limited (COTT.zw)  2009 abridged results.Company ProfileThe Cotton Company of Zimbabwe is known as Cottco and was formerly AICO Africa Limited. Cottco is the largest company in Zimbabwe processing and marketing cotton products for national and international markets, with operations in Zimbabwe, the rest of Africa, Europe and Asia. The company is involved in the procurement of cotton crops, buying and ginning cotton seed and marketing cotton lint and ginned seed. Cottco works closely with cotton farmers in Zimbabwe and offers agronomic and financial support to the end of the cotton-production process. Cottco has 20 outlets in cotton-producing areas in Zimbabwe, with its ginneries located in Chiredzi, Chihoy, Gokewe, Kadoma and Muzarabani. Cottco Holdings Limited was incorporated in 2008 and its headquarters are in Harare, Zimbabwe. Cottco Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

first_imgHome Afrika Limited (HAFR.ke) listed on the Nairobi Securities Exchange under the Property sector has released it’s 2013 interim results for the half year.For more information about Home Afrika Limited (HAFR.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Home Afrika Limited (HAFR.ke) company page on AfricanFinancials.Document: Home Afrika Limited (HAFR.ke)  2013 interim results for the half year.Company ProfileHome Afrika Limited is a property development company which provides quality, sustainable and affordable housing for communities in Kenya and other countries in the East Africa sub-region. These include housing developments in golf estates and services hotel apartments. The company implements housing projects which have a long-term positive impact on society and achieves this through alliance partnerships with government, private sector and development partners. Home Afrika Limited designs, constructs and maintains residential and commercial buildings which comply to a regulatory framework for sustainability and conformity. Home Afrika Limited has implemented a regional expansion plan under the name “Go Country” and “Go Africa” which aims to build approximately 1 million homes under a mass housing programme which spans Africa sub-regions. Home Afrika Limited is listed on the Nairobi Securities Exchangelast_img read more

first_img4,654 Crashes 9,496 1,128,000 Support conservation and fish with NEW Florida specialty license plate Lane Departure Warning / Lane Keeping Assist519,000 187,000 884,000 ADAS Systems LEAVE A REPLY Cancel reply Total Potentially Preventable by all systems 2,748,000 274 Deaths 89,000 Forward Collision Warning/ Automatic Emergency Braking1,994,000center_img Blind Spot Warning318,000 Misunderstanding and misuse of driver assistance technology could lead to a crashFrom AAA More and more, drivers are recognizing the value in having vehicles with advanced driver assistance systems (ADAS) like blind spot monitoring systems, forward collision warning, and lane keeping assist. However, while many of these technologies are rapidly being offered as standard, many drivers are unaware of the safety limitations of ADAS in their vehicles, according to new research from the AAA Foundation for Traffic Safety. For example, researchers found that nearly 80 percent of drivers with blind spot monitoring systems were unaware of limitations or incorrectly believed the system could accurately detect vehicles passing at very high speeds or bicycles and pedestrians. In reality, the technology can only detect when a vehicle is traveling in a driver’s blind spot and many systems do not reliably detect pedestrians or cyclists. Lack of understanding or confusion about the proper function of ADAS technologies can lead to misuse and overreliance on the systems, which could result in a deadly crash.“When properly utilized, ADAS technologies have the potential to prevent 40 percent of all vehicle crashes and nearly 30 percent of traffic deaths. However, driver understanding and proper use is crucial in reaping the full safety benefits of these systems,” said Dr. David Yang, Executive Director of the AAA Foundation for Traffic Safety. “Findings from this new research show that there is still a lot of work to be done in educating drivers about proper use of ADAS technologies and their limitations.”“In 2016, more than 37,400 people were killed in traffic crashes- a five percent increase from 2015. ADAS technologies offer motorists an extra measure of safety when properly used,” said Matt Nasworthy, Florida Public Affairs Director for AAA – The Auto Club Group. “However, it is important to realize they do not replace sound driving decisions. AAA urges motorists to take charge of learning their vehicle technology’s functions and limitations in order to improve safety on the road.”The AAA Foundation for Traffic Safety commissioned researchers from the University of Iowa to survey drivers who recently purchased a 2016 or 2017 model-year vehicle with ADAS technologies. Researchers evaluated drivers’ opinions, awareness, and understanding of these technologies and found that most did not know or understand the limitations of the systems:Blind spot monitoring: 80 percent of drivers did not know the technology’s limitations or incorrectly believed that the systems could monitor the roadway behind the vehicle or reliably detect bicycles, pedestrians and vehicles passing at high speeds.Forward collision warning and automatic emergency braking: nearly 40 percent of drivers did not know the system’s limitations, or confused the two technologies- incorrectly reporting that forward collision warning could apply the brakes in the case of an emergency when the technology is only designed to deliver a warning signal. Moreover, roughly one in six vehicle owners in the survey reported that they did not know whether or not their vehicle was equipped with automatic emergency braking.False expectations for ADAS systems can easily lead to misuse of the technology or an increase in driver distraction. In the survey:About 25 percent of drivers using blind spot monitoring or rear cross traffic alert systems report feeling comfortable relying solely on the systems and not performing visual checks or looking over their shoulder for oncoming traffic or pedestrians.About 25 percent of vehicle owners using forward collision warning or lane departure warning systems report feeling comfortable engaging in other tasks while driving.“New vehicle safety technology is designed to make driving safer, but it does not replace the important role each of us plays behind the wheel,” Yang continued. “The prospect of self-driving cars is exciting, but we aren’t there yet.  Automakers have an ethical and important responsibility to accurately market, and to carefully educate consumers about the technologies we purchase in the vehicles we drive off the lot.”As part of its ongoing traffic safety mission, new AAA Foundation research also evaluated the potential these popular advanced driver assistance technologies have in helping to reduce or prevent crashes. The findings show that if installed on all vehicles, ADAS technologies can potentially prevent more than 2.7 million crashes, 1.1 million injuries and nearly 9,500 deaths each year: 4,738 TAGSAAAsafetyVehicles Previous articlePersonality tests with deep-sounding questions provide shallow answers about the ‘true’ youNext articleApopka Police Department Arrest Report Denise Connell RELATED ARTICLESMORE FROM AUTHOR Despite the findings that show confusion about some ADAS technologies, at least 70 percent of vehicle owners report that they would recommend the technology to other drivers. The greatest proportion of drivers reported trusting blind spot monitoring systems (84 percent), followed by rear-cross traffic alert (82 percent), lane departure warning (77 percent), lane keeping assist (73 percent), forward collision warning (69 percent) and automatic emergency braking (66 percent). These findings should prompt additional focus on the importance of educating new and used car buyers about how safety technologies work.“The training drivers need to properly use the safety technologies in their vehicles is not currently offered,” added Nasworthy. “If educating consumers about vehicle technology was as much a priority for the automakers and dealers as making the sale, we would all reap the benefits.”Only about half of the drivers who report purchasing their vehicle from a car dealership recalled being offered training on the ADAS technology. However, for those who were, nearly 90 percent took advantage of the opportunity and completed the training.For now, drivers are their best safety advocate to ensure that they understand their technology’s features, functions, and limitations before leaving the lot. In order to reduce misuse or overreliance on the systems, AAA encourages drivers to:Read up: Read your owner’s manual to learn what systems are installed in your vehicle.See it in action: Insist on an in-vehicle demonstration and test drive to better understand how the systems will engage on the roadway.Ask questions: Ask plenty of questions about the alerts, functions, capabilities, and limitations of the vehicle’s safety technologies before leaving the dealership. For example, ask if there are scenarios when a technology will not function properly on the road.For additional resources, visit AAA.com/DriverAssistanceSystem. AAA’s classroom or online Roadwise Driver course can also help drivers learn more about the functions and limitations of popular ADAS technologies available on new vehicles. The Anatomy of Fear Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Share on Facebook Tweet on Twitter Injuries You have entered an incorrect email address! Please enter your email address here Please enter your name here Please enter your comment! Save my name, email, and website in this browser for the next time I comment.last_img read more

first_imgphotographs:  AquariusPhotographs:  AquariusSave this picture!© AquariusRecommended ProductsPorcelain StonewareApavisaSlabs – ConcreteSide tablesBoConceptLos Angeles Lounge Table 6230Panels / Prefabricated AssembliesULMA Architectural Solutions3D Facade PanelText description provided by the architects. This is an atelier with a house built on a vast site.  In order to provide a gathering place for the family, I have inserted a simple hidden element using the old material from the father’s house that had been built in this location before: “kawara”, “ranma”, “furniture, etc.”Save this picture!© AquariusSo that the memories of the family is felt casually, I have directed the happiness of the family as well as the history they have, to be felt along the house while creating a new history too.Save this picture!© AquariusProject gallerySee allShow lessMola Structural Kit: A New Way to Learn About StructuresArchitecture NewsHouse in Fukuchiyama / arakawa Architects & AssociatesSelected Projects Share CopyAbout this officeASOstyleOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesJapanPublished on September 10, 2014Cite: “T-house / ASOstyle” 10 Sep 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemPlasticsMitrexSolar SidingMetal PanelsAurubisCopper Alloy: Nordic BronzeArmchairsAndreu WorldGrand Raglan – Lounge ChairSinksBradley Corporation USASinks – Frequency® FL-SeriesPlantingSikaGreen RoofsStonesCosentinoSilestone Surfaces – Ethereal CollectionMetal PanelsLongboard®Aluminum Battens – Link & Lock – 8″Panels / Prefabricated AssembliesFranken-SchotterFacade Panels – Dietfurt LimestoneWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusWoodGustafsWood Cladding in St. Erik Eye HospitalLightsKKDCLighting – Groove FLEXMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Projects Japan T-house / ASOstyle Photographs Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/543802/t-house-asostyle Clipboard “COPY” 2013 “COPY” Architects: ASOstyle Area Area of this architecture project Houses Year:  Area:  723 m² Area:  723 m² Year Completion year of this architecture project CopyHouses•Japan ArchDaily ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/543802/t-house-asostyle Clipboard T-house / ASOstyleSave this projectSaveT-house / ASOstyle 2013 Save this picture!© Aquarius+ 27 Sharelast_img read more

first_img Tagged with: Consulting & Agencies ethics Finance About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. David Lacey blogged on The IG Manager’s Blog that the sector was taking three approaches to dealing with this high profile criticism:• discredit the analysis• discredit the author personally and professionally• explain why the numbers should be interpreted differentlyHe argues that none of these will sufficiently convince donors and that another approach is needed.“Discredit the analysis and it looks as though you’re running away from the facts which the public can see for themselves. Attack Gena Miller personally and it gets you nowhere except possibly looking as though you’ve got something to hide. Coming back with ‘stronger’ charitable spend figures makes it look as though you’re fiddling the figures to get closer to that holy grail of 100% charitable spend”.He argues, as have many others, that the charity sector has to stop competing with each other over percentages and to stop “pandering” to the notion that “spending money on anything but charitable activities = BAD”. Instead, he argues:“What needs to happen now is for charities to decide what spend and investment they feel is appropriate for their own organisation, at this time, and communicate that with their donors and the wider public. But they MUST include a narrative – how did they reach those figures and why is it appropriate for them?” Other articles on charities’ expenditureIn the light of the report and its criticism, JustGiving reminded its users that Kimberley Scharf, a professor of behavioural economics at The University of Warwick, had blogged on the site in July explaining charities’ fixed costs and how charities should explain them to supporters. She wrote:“Explaining what fixed costs are, why they are necessary, and especially what difference they can make for charitable programmes could go a long way to offsetting donors’ negative perceptions”. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis3 “What the report has deemed non-charitable expenditure can be linked to trading, fundraising, sales of assets or building reserves, which generate additional income and help donations to go further.”Martin Miles, Chief Financial Office of British Heart Foundation, added that he believed the report gave a “distorted view” of the charity’s finances. He said:“It doesn’t allow for the very different financial profile of running the UK’s largest network of charity shops”.NCVO’s Karl Wilding issued a prompt blog post criticising the findings and use of data.In ‘True and Fair Foundation’ is neither true nor fair he explained how trading charities boost the value of donations, how unusual gifts such as a £50m endowment gift can skew one charity’s single year figures for expenditure, and what happens when a charity’s whole income is derived from trading.He added that charities would fair badly if they took the report’s advice.“So, to meet Ms Miller’s arbitrary ‘65%’ demands, Sue Ryder could shut down its charity shops. It would be spending less on trading, so its ratio would look ‘better’ in her eyes. But it would have millions of pounds less to spend on the people it helps”.He also said that NCVO and some of the charities criticised tried to explain the figures to Ms Miller and The Daily Telegraph but that these offers and an offer to meet in person were not taken up.Faced with these criticisms The True and Fair Foundation issued a response in which it reiterates the source of its figures and simply restates its interpretation of them. In it Gina Miller criticises NCVO as “no more than an industry lobbying group that seeks to defend the indefensible”.The Foundation’s website features an image and quotation of Oscar Wilde:“There is only one thing worse than being talked about, that’s not being talked about”.Based on the time, money and effort being spent by charities to explain and rebut these allegations, the Foundation’s use of the quotation is apt.The quotation of course is not precise: the word ‘and’ appears after the comma. More criticism two days laterThe criticism of some charities’ fundraising practices took another turn today with The Daily Mail alleging ‘predatory fundraising’ by fundraising agency ‘Wesser International’, while it was fundraising for St John Ambulance. The charity has suspended its work with the agency.The article was illustrated with photos showing the agency’s managing director opening a bottle of champagne and smiling wearing a hat.Wesser told The Daily Mail:“We pride ourselves in being an honest and ethical company. We will be taking action to ensure this activity is eradicated, but we can assure you it is not in our policy or training manuals”.The Sun featured the allegations on its front page today: How to respond to such criticism?Some sector staff took to Twitter to criticise the findings, or to contact some donors who publicly expressed their concern that the allegations might be true: Howard Lake | 14 December 2015 | News  122 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis3 A report that claimed many major charities were spending less than 50% of their income on charitable activities has been criticised as “misleading” by NCVO, major charities, Which? and The Charity Commission.The True and Fair Foundation’s report was highlighted in The Daily Telegraph on 11 December. It was also reported by The Sun with the online headline Shocking figures claim one in five of the UK’s biggest charities ‘spend less than half of total income on good causes’.The Daily Mail went further with the headline claim ‘One in five of the UK’s biggest charities are ‘spending less than half of their income on good causes’ (and some spend as little as ONE PER CENT on charitable work)‘. Charities’ expenditure and costs are headline news again Gina Miller of The True and Fair Foundation claimed:“It is an utter disgrace that so much of the money people generously give is going to feed large charity machines, which are often characterised by obscene overheads and salaries, aggressive fundraising, and bloated marketing and publicity departments; resulting in questionable levels of charitable spending.”The Metro (London) took a more balanced view in Worried about where your charity donations are going? Here’s what you need to know. It explored how charities report expenditure, especially when running a national network of shops is involved.It featured responses from some of the charities criticised. For example, Guide Dogs argued that the report was “inaccurate and misleading”. It added: Advertisementlast_img read more

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis13 Sector income from investments sees largest annual growth in a decade The sector’s income from investments grew by £300 million in the last financial year to £3.2 billion, representing the largest annual growth for a decade, according to Charity Financials.Its latest Charity Investment Spotlight report shows that this growth also represents the highest year-on-year growth over the period.The report examines the investment performance of the UK’s top 5,000 charities, and investigates the size and composition of the charity investment market, to show how charities’ assets are performing, comparing the top 25 charities with high value assets, and detailing the most popular investment managers to the sector.Key findings for 2016-17 financial year include:Investment assets have grown by 84% since 2007-0872% of charities saw an increase in their investment assets in 2016-17, compared to 52% of organisations in 2015-16Investment assets increased by £8.3 billion in the last financial year, up by 8% on last year’s total assetsReturn on investment assets (excluding investment property) for the top 5,000 charities stands at 2.96%, up from the 2.91% recorded in 2015-163,262 of the top 5,000 charities have fixed asset investments; 196 organisations have investment assets over £60 million and these represent three quarters of the totalThe report also shows which charities saw the greatest percentage increase in value of their investments. The Wellcome Trust takes first place with £23.8 billion in current investments. It saw its assets increase by £2.5 billion in one year, representing an 11.8% annual growth.Children’s Investment Fund Foundation follows with current investments valued at £3.86 billion, growing by over £1 billion in the last financial year. The Morgan Foundation also experienced huge growth in the value of its investments, growing by 1,554% to £217 million, while Medical Research Council Technology saw its investments increase by 244% to £157 million.The number of investment firms managing charity assets is becoming more concentrated according to the figures, with 251 firms now managing investments for the top 5,000 charities, down by 27 on last year’s total.  Cazenove Charities has the most clients with 287, up 26 from the 261 reported last year, followed by Rathbone Investment Management with 238, increasing by 22 from the 216 clients reported last year. CCLA is in third position with 211, followed by Investec Wealth & Investment with 205 and Sarasin & Partners with 192 clients.The report can be downloaded from the Charity Financials site.  71 total views,  1 views today Advertisement About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Tagged with: Finance Research / statistics  72 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis13 Melanie May | 19 September 2018 | Newslast_img read more

first_img Executive Order for Agriculture Coming Tuesday Facebook Twitter Facebook Twitter By Hoosier Ag Today – Apr 25, 2017 SHARE Previous articleDuPont Pioneer Agronomy Report 4/24/17Next articleRyan Martin’s Indiana Ag Forecast for April 25, 2017 Hoosier Ag Today Home Indiana Agriculture News Executive Order for Agriculture Coming Tuesday Over the weekend, the White House promised an executive order for agriculture. In a memo to reporters, the White House press office said President Donald Trump would hold a roundtable discussion with farmers on Tuesday and also sign an executive order to protect and provide relief for rural America. Details on the executive order are expected to be similar to the Rural Council established by an executive order by President Barack Obama in June 2011.The expected Agriculture and Rural Task Force Executive Order would create an interagency task force to examine the concerns of rural America and suggest legislative and regulatory changes to address those concerns.Source: NAFB News Service SHARElast_img read more