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Limerick colleges to provide new apprenticeship programmes

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first_imgNewsEducationLimerick colleges to provide new apprenticeship programmesBy Editor – December 9, 2017 3614 RELATED ARTICLESMORE FROM AUTHOR Email TAGSapprenticeshipsengineeringfilm industryhairdressinglean sigma managementMaria Byrnequantity surveyingRichard Brutonsoftware system designsupply chain managementTroy Studios Linkedin Advertisement Facebook WhatsApp STEPS Engineers Week kicking off in Limerick this weekend Top employer award for Limerick engineering group center_img Troy Studios expansion set to reap benefits for region Ahead of International Women in Engineering Day, Engineers Ireland calls for students to consider CAO options Cook Medical continues to support STEM in Limerick schools Twitter Print Sinn Féin is seeking more apprenticeship courses.Nine of the 26 new apprenticeship programmes announced by Education Minister Richard Bruton yesterday have been awarded to Limerick third level education providers.The new programmes range from range from engineering and lean sigma management to hairdressing, quantity surveying, software system design and supply chain management.Fine Gael Senator Maria Byrne, who is the party’s Seanad spokesperson on education and skills said she was delighted that nearly half of the new apprenticeship programmes will be provided at the University of Limerick, Limerick Institute of Technology and the Limerick and Clare Educational Training Board (LCETB).Sign up for the weekly Limerick Post newsletter Sign Up “Having served on each of the institutions Governing Authority Boards, I understand very well that each institution is very capable of expanding their apprenticeship programmes,” she added.“The Government is committed to more than doubling the number of new apprentices registered to 9,000 by 2020 and expanding further into new areas. Budget 2018 allocated €122 million for apprenticeship training, an increase of almost 24 per cent on the previous year. This will allow the Government to deliver ten more apprenticeship programmes and over 6,000 more apprenticeship registrations next year”Limerick Fine Gael Senator Maria Byrne“Minister Bruton has an objective to expand apprenticeships and traineeships in the period to 2020. He wants to ensure apprenticeships are an attractive path for people to take. Apprenticeships and traineeships give an exciting career path for many young people. As well as modernising existing apprenticeships Minister Bruton is also focused on supporting the development of new programmes.“I hope to see the development of more apprenticeship programmes for the film industry in our third level institutions in Limerick. I want to ensure Troy Studios have the qualified people here in Limerick so it can continue to expand its productions,” she declared.More education news here Previous articleChildren benefitting from Limerick family support serviceNext articleLimerick honour for Jedward at opening of new SVP charity shop Editor Regeneron advises students to focus on STEM subjectslast_img read more

Owego Highway Department to close due to positive COVID-19 case

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first_imgIf you need to contact the department and you don’t have an emergency, you can leave a voicemail at 67-687-2641. If you have an emergency, the department asks you contact 687-1010. The department says this number should be used for emergencies only. OWEGO (WBNG) — The town of Owego Highway Department will be closed until Oct. 13 following a positive case of COVID-19 at its facility.center_img Other inquires can be directed to Town Supervisor Donald Castellucci Jr.’s office at 607-687-0123 option seven.last_img read more

IPE Views: Is there an alternative to alternatives?

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first_imgThere is a sub-category of “alternatives” which we describe as ‘same assets, different process’ which can also offer the valuable diversifying characteristics found in traditional equities and bonds. The consistent theme is that, whilst the underlying asset classes are similar, the targeted risk-return profile is more asymmetric than a traditional buy-and-hold (or ‘long-only’) strategy, making them attractive both in their own right but also as a complementary holding alongside traditional solutions.Different Assets, Same ProcessThese assets are typically managed along the lines of a traditional buy-and-hold approach but, because of their underlying characteristics, can perform differently to traditional investments, in addition to providing attractive risk-adjusted returns. One such example would be infrastructure projects which have a specific risk-return profile and are typically more defensive and yield-focused.Given the appeal of these types of underlying assets, it is unsurprising that they attract such high levels of demand from pension funds, sometimes unfortunately to the detriment of their prospective returns.Is there an alternative to alternatives?Rather than simply defining asset classes by their historic popularity (traditional or alternative), in an ideal world, each investor could create its own categorisation based on their specific context – their clearly defined goals, objectives and constraints.  The universe of asset classes and investment strategies could then be mapped out against this specific frameworkFor example, is the portfolio required to deliver a steady income stream?  This may allow greater scope for some credit asset classes which offer regular and certain cashflows but that may be less liquid and/or more complex in nature, and less scope for more volatile asset classes such as equities.  We found this outcome-oriented approach to be incredibly valuable in mitigating the potential for asset classes such as social housing and infrastructure debt to “fall between two stools” when the spreads on offer were highly attractive for the risk taken following the financial crisis, in addition to the matching properties they could provide.Recognising this might not be a feasible starting point for some investors, particularly where the objectives and constraints are difficult to precisely define, we find a useful starting point is to map out both traditional and alternative strategies according to (a) liquidity of the asset or strategy and (b) certainty of cashflows. As this categorisation is based on what characteristics are offered by an asset class, it helps investors to quickly narrow down which asset classes offer the best fit according to their needs, and in which order of priority they should be implemented.  .Challenges remainEven with what we believe is a more helpful form of categorisation, the challenges (perceived and real) of asset classes or strategies that may be unfamiliar remain.Important questions to ask include:What does the risk-return profile of the opportunity look like? What role will the investment play in the portfolio? Is the underlying risk premia from which returns are earned both identifiable and persistent?In summary, when considering alternative assets and processes, we disregard categories and labels and look more closely at the underlying characteristics of the strategy. This allows for the selection of assets which should help investors meet their objectives over time.An alternative to ’alternatives’ is needed as the label itself is not very helpful. We believe that assessing assets, both traditional and non-traditional, by the “liquidity” and “certainty” of cashflows is a far better way of understanding their potential fit within a portfolio. These lenses enable clients to make decisions about the outcomes, characteristics and combinations of seemingly unrelated assets.Ultimately, manager due-diligence is essential as we investing in people and their processes rather than purely selecting individual assets.Pete Drewienkiewicz is head of manager research at Redington Pete Drewienkiewicz on the mystery of the ’alternatives’ label, and why investors should simply look at asset classes based on their investment goals and objectivesIn a world of investments dominated by equities and bonds, the category of ’alternatives’ offers great allure to portfolio investors – the promise of attractive returns and, at the same time, potentially both diversification and downside protection is a seductive one.  It is a “catch-all” label to help investors quickly categorise the universe of opportunities.However, the label ’alternatives’ also purveys a sense of mystery, additional complexity and high fees which create unnecessarily high hurdles for some assets and strategies that, as a result, are quickly excluded from consideration. Such a broad label can leave investors thinking too myopically about the opportunities available to them. Before considering an alternative to this catch-all label, it’s useful to understand what might be meant by “alternatives”.Same Assets, Different Processlast_img read more

Olsson makes Canaries move

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first_img The 25-year-old, who can also operate on the left side of midfield, will move to Carrow Road on a four-year deal from the Championship club for an undisclosed fee once all of the relevant paperwork has been completed. Olsson has been a long-term target of Canaries manager Chris Hughton, who has been on a summer spending spree following the club’s record £8.5million capture of Holland international Ricky van Wolfswinkel, while England Under-21 winger Nathan Redmond was last week purchased from Birmingham, and defender Javier Garrido has signed permanently after a loan from Lazio. Norwich have confirmed the signing of Sweden international defender Martin Olsson from Blackburn Rovers. Press Associationcenter_img “We are delighted with the addition of Martin. He’s been playing in England for seven years and is well acclimatised to the Premier League,” said Hughton on the club’s official website, www.canaries.co.uk. “He can also play anywhere on the left hand side so he brings us good flexibility in that sense, plus at 25 he’s at an age where he has some experience and also some time to improve. “At this time it is about improving the squad that we have and Martin certainly does that.” Hughton is expected to show no let-up in his summer recruitment drive, with Scotland defender Russell Martin yesterday signing on for another three years with a contract extension. Norwich are understood to be tracking PSV Eindhoven’s Sweden international Ola Toivonen, Lokomotiv Moscow’s £6million-rated Senegal striker Dame N’Doye. Feyenoord midfielder Leroy Fer and Ajax defender Toby Alderweireld, meanwhile, are also reported targets for the Canaries, with suggestions the duo have already travelled to East Anglia to take in the club’s facilities ahead of undergoing medicals. Norwich later confirmed goalkeeper Carlo Nash had completed a free-transfer move after being released by Stoke. The 39-year-old will provide cover to England international John Ruddy, who had been a target for Chelsea, and Mark Bunn. last_img read more