Organizers Cancel 2020 Great Blue Heron Music Festival

first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) SHERMAN – Organizers of the Great Blue Heron Music Festival announced Tuesday they have canceled their event for this summer due to the COVID-19 outbreak.“Unfortunately, the uncertain future has made planning virtually impossible,” said officials in a statement. “Many people had been putting their heart and soul into making 2020 another memorable festival and we thank everyone for their efforts.”Next year, officials say tentative dates for the 2021 festival is July 2 to 4.“We are counting on your understanding and support because getting to our 2021 Great Blue Heron will be very financially challenging for us with no income from our festival and plenty of overhead expenses,” furthered officials. “So we are asking those of you who can help, to make a donation to our Heron Forever Campaign.” Camp officials say the Heron Farm & Event Center will be open in May for camping. “When restrictions are lifted, we hope to add music and farm to table events,” said officials. “We look forward to finding creative ways to get together with our Heron family soon.”This would have been the 29th consecutive festival at the campground in Sherman.last_img read more

The 3rd edition of the HOW Festival, the only conference on hotel operations in Europe, has been announced

first_imgAnd this year the Festival brings numerous international experts from the hotel and related industries who will discuss with participants trends in hotel operations. The program is segmented into a plenary part, which is intended for all participants, after which two workshops are held in parallel and are divided into the following hotel departments: food and beverage, human resources, sales and marketing, technical department and household.   HOW Festival, the only conference on hotel operations in Europe, and the third in a row October 16-18 at the Valamar Collection Isabella Island Resort in Poreč. The aim of the Festival is to present international trends in hotel operations and examples of good practice, to facilitate the implementation of new products and services, and to provide entertainment and networking for participants.  How to maximize the profitability of operations in relation to your guests and the markets they come from Going green: How we can participate in saving the planet while at the same time adding value to our guests “Grab & go” concept or how to increase revenue through new F&B trends We all say that WiFi in our hotel is good, but is it really? And how to make it perfectIf bookings are declining do we keep prices down and risk occupancy or reduce the price to fill capacity? Can you say thank you to your employees International brands have enabled employees to work from home. What are the advantages and what are the disadvantages? How to train household department employees more efficiently  In the first two years, the HOW Festival gathered over 1.000 participants, mostly hotel directors, heads of operations and hotel departments, and participants with excellent panel discussions and workshops are expected this year as well. team building i big party. Just some of this year’s themes are:last_img read more

UWV pension fund ramps up risk with private equity, infrastructure

first_imgThe €6.3bn pension fund of insurance provider UWV has raised its risk profile by increasing exposure to private equity and infrastructure.According to its 2015 annual report, it also plans to increase real estate investments and holdings in commercial and residential mortgages at the expense of its euro-denominated government bond and equity allocations.The scheme said it had decided, based partly on a survey into the risk appetite of its participants, to allocate 10% of its portfolio to risk-bearing investments, adding that it had already reduced its strategic interest hedge from 60% to 50%.It estimates its policy change will increase its surplus return by 0.7 percentage points to 2.2%. The UWV scheme aims to raise the combined private equity and infrastructure allocation to 5%, with the help of asset manager Partners Group.Its property and mortgages portfolios are to account for 10% and 6% of overall assets, respectively.The scheme has placed the four asset classes in a separate portfolio that holds illiquid investments – next to its regular matching and return portfolios – specifically meant for generating returns for indexation.The Pensioenfonds UWV said it also wanted to focus on cost-saving via passive investment, pointing out that its developed-market equity, government bond, inflation-linked bond and commodities holdings were already under passive management.It said it would update its contracts with pensions provider TKP Pensioen and fiduciary asset manager Allianz Global Investors this year.Last year, it replaced Morgan Stanley as its active manager for local-currency emerging market debt (EMD) with Legal & General, which now manages the investments passively.It said it would review Aberdeen AM as active manager of its hard-currency EMD holdings after the manager underperformed last year by 4.1 percentage points. The UWV scheme posted a net return of -0.6% due largely to a 3.3% loss on its matching portfolio, as well as negative results on its interest and currency hedges.It said its strategy shift also reduced its return by 0.5 percentage points.The pension paid €152 per participant for pensions administration and spent 0.38% and 0.17% on asset management and transactions, respectively.Its funding stood at 95.7% as at the end of June.last_img read more