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Read Full Story Paying up to 40% more for organic food is worth the investment, wrote Chensheng (Alex) Lu, associate professor of environmental exposure biology at Harvard School of Public Health (HSPH), in a Wall Street Journal article on June 16, 2013.While researchers have yet to provide a definitive answer about whether more costly and harder-to-find organic food, such as produce, milk, and meat, is healthier than conventional foods, “It only makes sense that food free of pesticides and chemicals is safer and better for us than food containing those substances, even at trace levels,” Lu wrote.What’s more, he wrote, “Some convincing scientific does exist to suggest that an organic diet has its benefits.” In 2006 Lu led a study published in Environmental Health Perspectives that showed that within five days of substituting mostly organic produce for conventional produce in children’s diets, pesticides disappeared from the children’s urine.Both Lu and a University of Florida physician, who countered Lu’s view on buying organic, advised those on limited budgets to consider buying organic versions of foods on the Environmental Working Group’s “Dirty Dozen” list, or focus on organic versions of foods eaten most frequently. Eating more fruits, vegetables, and whole grains and less processed foods remains the goal, they wrote. read more
Gresham House, a specialist asset manager partially backed by a UK local government pension scheme, is buying a “new energy” infrastructure manager.The AIM-listed firm has agreed to buy Hazel Capital for its real assets division. The deal is expected to complete later this year.Gresham House said it had agreed to provide growth capital through a secured £4.6m (€5.4m) loan to Hazel Capital.Hazel Capital, founded in 2007 by Ben Guest, advises around £100m of assets primarily through venture capital trusts (VCTs) and enterprise investment schemes (EISs). The firm has developed or acquired around 300 megawatts of capacity in the UK solar market across 28 projects.Tony Dalwood, chief executive of Gresham House, said: “We see a substantial growth opportunity in renewables and new energy infrastructure-related assets. Hazel Capital’s success in generating market-leading returns through its VCT and EIS platform within the growth areas of infrastructure related asset management, fits well with our strategy to develop our range of alternative and illiquid investment solutions for long-term investors.”The Royal County of Berkshire Pension Fund recently announced it was acquiring a 20% stake in Gresham House, backing a new alternative investment platform aimed at UK public pension funds. Pacific Asset Management joins forces with emerging markets managerPacific Asset Management is moving into the institutional and wholesale markets by becoming a partner in North of South Capital, a boutique emerging markets equities manager.By taking a stake in North of South, Pacific Asset Management was “expanding beyond that business towards the institutional and wholesale markets”, the statement added.North of South Capital was founded in 2004 and based in London. Pacific Asset Management has helped establish several notable UK asset management companies, including Liontrust, River & Mercantile, and Thames River Capital – now part of BMO Global Asset Management after a series of mergers and acquisitions.Campaign group rejects trade body cost disclosure proposal The UK regulator should not adopt any cost disclosure code proposed by the country’s asset management trade body, the Transparency Task Force (TTF) has said.In an official response to the industry body’s proposal that echoes previous comments expressed by its founder, the TTF said that, as a trade body, the Investment Association (IA) was “fundamentally conflicted” and should not be producing regulation. It rejected the idea of the Financial Conduct Authority (FCA) officially adopting the code. Instead, it should be the regulator that “leads the development of a regulatory framework that mandates for comprehensive cost disclosure, with full industry consultation”.The FCA has said it would not be bound by industry proposals.The campaign group said the IA’s proposed code “falls short of the mark” in several ways. For example, it argued that the code was not sufficiently comprehensive, was voluntary, and used terms to describe costs that did not have legally-binding definitions. The TTF also argued that the IA’s Independent Advisory Board – which fed into the establishment of the disclosure code – failed to perform adequately. The TTF’s founder Andy Agathangelou is a member of the advisory board, which is chaired by Mark Fawcett, chief investment officer at NEST. Earlier this week, the UK’s local government pension scheme announced the launch of a cost transparency code for asset managers that was based on the templates introduced by the IA. read more
Share Betcart’s Monica Rangel has been confirmed as the fourth panellist on the ‘New brands in football betting’ session at Betting on Football (3-5 May).Rangel is the Chief Business Development Officer for the Bcourt Group owned and Curacao licensed operator enjoying its third year of trading in 2017.She will be appearing in the #bofcon2017 session alongside BetStars Managing Director Zeno Ossko, BetOnBrazil CEO Stuart Tilly and EnergyBet Managing Director Marcin Sapinski.Rangel said: “We live and breathe football; it’s in our business DNA and our international strategic development is built on sports, as is our foundation. Betting on Football will be a very important milestone in our growth plans and we are eager to discuss the future with like-minded individuals.”‘New brands in football betting’, a key part of the first day Leadership track at Chelsea FC’s Stamford Bridge, will be moderated by McBookie Director Paul Petrie and sponsored by Secure Trading.The session will focus on how new brands entering the sports betting market can disrupt the status quo and compete for market share alongside bigger and more established operators.Football-focused Betcart will also be sponsoring the affiliate dinners at the fourth edition of the largest international football and betting trade conference. There will be a dinner at Kensington Roof Gardens on Wednesday 3 May, and in Chelsea’s Directors Lounge on Thursday 4 May. Esports Entertainment Group to finalise Argyll acquisition by 31 July July 8, 2020 ‘Deal maker’ Rafi Ashkenazi ends Flutter tenure August 27, 2020 Related Articles Share Submit FansUnite accelerates wagering ambitions by acquiring McBookie for $2m May 20, 2020 StumbleUpon read more