LOVEJOY Tool Company, Inc.Introduces our NEW 650 Series with ONEG inserts!Springfield Vermont – LOVEJOY Tool Company, Inc. introduces a new series of products to make it easier for a manufacturer to select the proper milling tools to solve their machining needs and machine a variety of materials with this all purpose tooling!Applications: The 650 Series Face Mills use the ONEG style inserts for the maximum of 16 cutting edges! Our ONEG style inserts have new coated grades for steel and ductile iron.Special Information: This tooling has strong negative cutting geometry and is used for roughing as well as semi-finishing with its positive chip control inserts! These face mills are available from 3 to 8 diameter with medium or fine pitch and larger diameters include adjustable wiper stations. The inserts all have 16 cutting edges and are .250 thick allowing for longer tool life!Products: LOVEJOY Tool Company, Inc.* 650 Series Face Mills – currently offered from 3 to 8 diameters* ONEG inserts have NEW, coated grades for steel and ductile ironLOVEJOY Tool Company, Inc. specializes in custom designing and a manufacturing of milling tools, inserts, holders and other accessories for manufacturers in the aerospace, automotive, heavy equipment, mold and die, farm and industrial, power generation and other industries. LOVEJOY Tool is known for being a problem solver in the milling industry and we are here to solve your machining needs.For more information, call (800) 843-8376 or visit www.lovejoytool.com(link is external).
Legal & General – L&G’s bulk annuity and longevity insurance business has appointed John Towner in the new role of head of origination. He joins from Redington, where he advised both pension trustee boards and corporate sponsors on their investment, funding and risk-management strategies. Before then, he worked at Barclays Capital and Deutsche Bank.Mercer – Uwe Buchem has been named business leader for retirement at the consultancy’s German, Austrian and Swiss (DACH) business. He is replacing Mercer’s regional chief executive Achim Lüder, who stepped down from the role to focus on his other responsibilities. Buchem joined Mercer in 2002 and, in 2004, was promoted to market leader for Germany for health and benefits. He began his career at insurance group Debeka and internet insurance business Censio.Monument Group – The investment fund placement agent has appointed Karl Adam as director in the London office. He will have investor coverage responsibility for German-speaking Europe and some UK-based investors, focusing on building relationships with new institutional investors and general partners in the region. He joins from Citi Private Bank, where he was vice-president. Aviva Investors – Louise Kay has been appointed global head of sales. She will be responsible for leading global sales efforts across institutional and wholesale, including global consultants. Kay has held senior roles at Standard Life Investments and Aegon Asset Management UK.KNEIP – Keith Dingwall has been appointed to the new role of head of new business. Before joining KNEIP, he worked for 13 years at State Street Bank and International Financial Data Services in Luxembourg. Before then, he worked for a decade in JP Morgan Asset Management’s operations in the UK and Luxembourg.Pemberton – The independent asset management group, backed by Legal & General and focused on private debt and direct lending, has appointed Jürgen Breuer to head its operations in Germany, Austria and Switzerland. Breuer previously established and led leverage and acquisition finance businesses for Dresdner Bank and West LB in Germany.Comgest – Arnaud Cosserat has been appointed CIO, succeeding Vincent Strauss, who will remain chief executive at the asset manager. Cosserat joined Comgest in 1996 as a portfolio manager covering European equities. He has spent the past two years in the position of deputy CIO.Kames Capital – Mark Benbow has been appointed to the fixed income team as an investment analyst. He joins from Scottish Widows Investment Partnership, where he was an analyst on the global equities team.Invesco PowerShares – Michael Huber has been appointed to the newly created role of business development director for Germany and Austria. Previously, he covered institutional clients for Luxembourg-based asset manager Assenagon. He has also worked at Goldman Sachs Group. ING Investment Management, Cardano Risk Management, Schroders, KAS Bank, Aegon Asset Management, Legal & General, Redington, Mercer, Monument Group, Aviva Investors, KNEIP, Pemberton, Comgest, Kames Capital, Invesco PowerSharesING Investment Management – Bart Oldenkamp has been appointed to the Integrated Client Solutions team at ING IM, soon to become NN Investment Partners. The manager said Oldenkamp would focus on strategic business development, working with institutional clients as well as the investment management teams to “optimise” ING IM’s solutions offering. He joins from Cardano Risk Management, a specialist risk and investment management boutique based in the Netherlands and the UK, where he was a member of the management board. Before then, he held various positions at ABN Amro Asset Management in Amsterdam and Chicago.Schroders – Theo van der Meer has been appointed senior adviser in the Netherlands. He will focus on providing specific pension scheme guidance and governance to Schroders’ institutional clients in the region. Prior to joining Schroders, he held the position of managing director within global distribution at Barclays in London. He has also held senior roles at Fidelity, Vanguard, NIB Capital, Robeco and AMRO Bank.KAS Bank – The custodian has appointed Alexander van Ittersum as market manager for the pension fund markets in the Netherlands, Germany and the UK. His responsibility is to increase activities in core markets by identifying market trends and customer needs, and translating them into new products. Before joining KAS, Van Ittersum worked at Aegon for six years, initially as product development manager with Aegon Global Pensions’ cross-border asset pooling, and later as proposition manager with Aegon Asset Management. Before joining Aegon, he was product manager for Robeco and relationship manager at Euronext.
Liverpool may have lost the title race to Manchester City but the Reds are top of the table when it comes to earnings over the 2013-14 season. Brendan Rodgers’ side finished two points behind Manchester City, who lifted the Premier League trophy, but their projected earnings are £1m more.Liverpool had the most games on television in the season with 28, while City had 25, the same as Manchester United (who finished seventh in the league), Chelsea (third in the league) and Arsenal (fourth in the league).The TV earnings are proportional to the number of matches each team had televised during the season. And the value of TV revenue and being in the top flight can be seen by bottom club Cardiff, who received just £1.2m as a merit payment, picking up £64m when television and Premier League share is factored in. Manchester United have had a hugely disappointing campaign on the pitch but their appeal to broadcasters is clear, as only the top four earned more over the season. Each side received £54m for just being in the Premier League, then their performances and TV lure is factored in. There was potential for teams such as Hull to earn up to £4m from the last round of matches but the positions stayed largely the same. Alan Pardew might not be popular with Newcastle fans but Mike Ashley will be pleased that his manager has brought in nearly £79m.