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first_img The show will be staged as a mystery within a mystery, with the case presented to Holmes forcing him to confront his murky past.  But is the unraveling of his childhood just a dangerous diversion? Sherlock Holmes is an original tale which will offer a new and theatrical exploration of the mind of the famous detective, while remaining faithful to the mysterious world created by Sir Arthur Conan Doyle. The characters and stories of Sherlock Holmes were first introduced in Conan Doyle’s 1887 novel A Study in Scarlet. Conan Doyle went on to feature Sherlock Holmes in three more novels (including The Hound of the Baskervilles) and in 56 short stories. The famous detective made his first appearance on Broadway in 1899. In recent years, the property has been updated into hits with modern twists, as in the Emmy- winning BBC series Sherlock starring Cumberbatch and Martin Freeman, the Guy Ritchie films starring Robert Downey, Jr. and Jude Law and the hit CBS transfer Elementary starring Jonny Lee Miller and Lucy Liu. Broadway alums Ian McKellen and Laura Linney will headline the upcoming 2015 feature film Mr. Holmes. Sherlock Holmes is eyeing Broaday in 2017! It’s a bit early for cast, dates and theater details, but the new play will be by Rachel Wagstaff and Duncan Abel. We are naturally dreaming that current TV Sherlock Benedict Cumberbatch, soon to be seen in Hamlet in London, will take the title role.center_img View Commentslast_img read more

first_imgSource: PLSARoger Phillips, chair of LGPS Scheme Advisory Board, addresses the PLSA’s Local Authority ConferenceAccording to data from LGPS funds, roughly a third of the system’s assets are now being run by one of the eight asset pools.Phillips told conference delegates that the principle of pooling still made “absolute sense”, particularly with regard increasing investment in infrastructure.However, the advisory board chair added: “My hope is we don’t all as pools go individually chasing a particular [asset], and instead start to work collaboratively as a scheme, so that – quite frankly – we don’t get screwed in what is a maturing, developing market.”He also urged pension managers and finance directors within local authorities to be clear on their responsible investment strategies.Earlier in conference, local government minister Rishi Sunak’s address was interrupted by campaigners from Extinction Rebellion who called for LGPS funds to divest completely from companies involved in fossil fuels.Phillips said: “I think we’ve seen a classic example as to why we need to have a very clear understanding of what our responsible investment views are, and how we’ve got the narrative to go with it.”Phillips is a member of the pension committee overseeing the £2.7bn Worcestershire Pension Fund, and he highlighted his scheme’s actions to “reduce significantly” its investments in fossil fuels.“That needs to be part of that explained story,” he added. “What is our role as funds? And what are we doing when we go to AGMs?”Key figures Phillips emphasised that the LGPS had to “get the narrative right” when explaining the increase in reported investment costs. The LGPS Code of Transparency was introduced in 2017“Because of the transparency that we have now brought to this, this naturally sees the figure rise – I think it’s important to get that understanding,” Phillips said.“We also started to see the costs of the pools and the setup of the pools coming into that. There is work going on in the Cabinet Office identifying what the costs of setting up those pools are – and, of course, the benefits and savings they bring as well.”The LGPS’ code of transparency was introduced in 2017 and was the result of work by the Scheme Advisory Board, asset managers and long-term transparency campaigner Chris Sier. It paved the way for the development of the disclosure templates for major asset classes now being developed by the Cost Transparency Initiative (CTI).LGPS cost reporting will shift to the CTI’s templates once they are completed.Data presented by Phillips showed that 117 managers working with LGPS funds had signed up to the code, accounting for “almost 100% of listed assets”. In addition, the eight asset pools created by LGPS funds to collaborate on manager selection have all signed up to the code.Last month the advisory board launched a search for a provider to monitor compliance with the code.Pooling and responsible investment The Local Government Pension Scheme (LGPS) reported investment costs of more than £1bn (€1.1bn) for the 12 months to 31 March 2018 as its new code of transparency for manager fees kicked in.Addressing a local authority pension conference this week, Roger Phillips, chair of the LGPS Scheme Advisory Board, reported that the figure amounted to 0.39% of the LGPS’ total assets of £275bn across 88 funds in England and Wales.“The code of transparency is one thing I’m very, very proud of,” Phillips said. “We should be standing on top of the mountain, shouting about what we have done to actually bring transparency and reduce costs to pension schemes…“We should be very proud of the fact that, while other parts of our sector are under enormous financial pressures, we can stand up and say we are doing our bit to sweat the pounds, making sure we are driving down costs and bringing about transparency right across the whole of the pension scheme.” Credit: Simon Elliott The PLSA’s Local Authority Conference was held at the Cotswolds Water Park in southern England5.8m Total LGPS membership2m Total active members15,000 Affiliated employers£1.8bn Net cash flow across all 88 funds£275bn Total assets under management£1.041bn Total investment costs107% Increase in reported investment costs since 2015£32.74 Administration cost per member, down 9% year on yearlast_img read more

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