Santa Cruz Mountain Sol Festival Announces Initial 2019 Lineup: Bob Weir & Wolf Bros, Turkuaz, Billy Strings, More

first_imgSanta Cruz Mountain Sol Festival will return to Felton, CA’s Roaring Camp Meadows, set to go down on September 20th, 21st, and 22nd, 2019.On Monday, the three-day festival revealed its initial 2019 musical lineup, with performances by Bob Weir & Wolf Bros, Golden Gate Wingmen, Turkuaz, Billy Strings, Achilles Wheel, Painted Mandolin, and many more to come!A limited number of Tier 1 Saturday/Sunday combo tickets ( Friday not included in this bundle) will go on sale this Wednesday, May 1st before 12 p.m. (PST). Camping passes, single-day passes, and other combo bundles of tickets will go on sale to the general public within the month.Santa Crus Mountain Sol Festival will also offer a “Sol Train” train service from the Santa Cruz Beach Boardwalk to Roaring Camp, and a night train back to the Boardwalk at the end of the show. For more more information, visit the festival’s SOL Train page.For more information on Santa Cruz Mountain Sol Festival’s 2019 event, head to the festival’s website.last_img read more

Cost-cutting no longer Swiss pension funds’ chief concern – survey

first_imgAccording to the Credit Suisse survey, however, pension funds now believe the issues of diversification and long-term returns are of greater importance than cost-cutting. More than 70% of respondents said diversification was key, even if it increased costs.A case in point is exposure to direct real estate, which entails increased asset management costs yet comprises approximately 19% of pension funds’ portfolios.In its report (in German) on the survey, Credit Suisse says a shift towards direct real estate holdings is “a clear win”, as it reduces risk, increases diversification and offers roughly the same return potential as portfolios with greater bond and equity exposure. Is also argues that a shift towards lower-risk asset classes such as real estate is a reflection of pension funds’ growing concerns over ageing participants.According to the survey, demographics represents the second-largest challenge for Pensionskassen after the long-term low interest rate environment, although Credit Suisse claimed this would have a minor impact on asset allocation compared with regulatory changes and external market factors.Nevertheless, more than 40% of the surveyed pension funds said they would “slightly lower” their exposure to equities due to demographic developments in their membership structure, while 20% said they would do the same for alternatives, with roughly 5% of this group seeking to reduce exposure “significantly”.For more than 50% of respondents, the relatively high conversion rate has exacerbated the Swiss second pillar’s demographic problem. Not surprisingly, more than 80% welcomed the proposal to lower the rate to 6%, as part of the government’s Altersvorsorge 2020 reform proposal, while as much as 70% said they supported the reform package as a whole. Just one-third of Swiss pension funds are currently looking to cut costs, according to a survey by Credit Suisse, which canvassed custodial clients on such issues as costs, reform, asset allocation and demographic trends.Nearly 40% of respondents were of the opinion they had dealt with the issue, while more than 70% said they had already realised their full cost-cutting potential.Cost-cutting has been a major issue in Switzerland in recent months, particularly since the final implementation of a structural reform that sees pension funds now calculating total expense ratios (TERs) for their portfolios.In addition to renegotiating fees and adjusting asset allocations, a number of pension funds – including the BVK, the pensionskasse for the canton of Zurich – are looking to claw back commissions some service providers have received.last_img read more

Here are the 8 people who died in the helicopter crash with Kobe Bryant

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersPayton ChesterThe 13-year-old from Newport Beach had been a member of the Mambas for some time. She was in eighth grade at St. Margaret’s Episcopal School.John AltobelliResidence: Newport BeachThe 56-year-old was traveling with his wife, Keri, and daughter, Alyssa. Better known as “Coach Alto,” he was in his 28th season coaching baseball at Orange Coast College.Keri AltobelliThe Newport Beach mother of two and step-mother of one, was traveling with her husband, John, and daughter Alyssa.Alyssa AltobelliThe Newport Beach 13-year-old was a member of the Mambas. She was an eighth grader at Ensign Intermediate. Orange County is mourning the loss of nine residents who died when the helicopter crash Sunday morning. Click on the links to learn a little bit more about each person.Kobe BryantThe 41-year-old Los Angeles Lakers legend who lived in Newport Beach was flying with his daughter to a basketball tournament.Gianna BryantThe 13-year-old from Newport Beach, who was nicknamed Gigi, was flying with her father, Kobe, to a basketball tournament. She was point guard for the Orange County-based Mambas, an elite travel basketball team. Gianna  was in the eighth grade.Sarah ChesterThe 45-year-old Newport Beach mother of three was flying in the helicopter with her daughter, Payton. She was an alum of La Serna High School. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Ara ZobayanThe Huntington Beach 50-year-old was piloting the helicopter. He often flew Bryant as a private pilot and was also an instructor.Christina MauserThe 38-year-old from Huntington Beach was a coach at Harbor Day School in Corona del Mar and Bryant’s top assistant coach on the Mambas. She leaves behind husband, Matt, and their children.We are providing free access to this article. Please consider supporting local journalism like this by subscribing here.Sign up for the Purple and Bold newsletter for complete Lakers coverage delivered 3 days a week. Subscribe here.last_img read more