– Advertisement – Donald Trump’s refusal to admit that he lost fair and square has Georgia in the middle of the largest hand recount ever in the United States. President-elect Joe Biden won the state by 14,000 votes, a much larger number than is likely to change in a recount. So far, 48 counties have finished counting, with only very minor changes. Four of the counties didn’t find even a single vote changed.The state has a deadline of 11:59 PM Wednesday for finishing the recount, which is being done county by county—with the counties stuck absorbing the cost. In DeKalb County, that cost will be $180,000. If we were talking about a couple hundred votes statewide, it would be worth spending the money, because counting every vote is important. But of 31 statewide recounts conducted in the U.S. between 2000 and 2019, just three changed the results of an election. The most famous case, of course, put Al Franken in the Senate after a recount moved him from trailing by 215 votes to winning by 225. Those numbers, though, show how big Biden’s 14,000-vote lead is when it comes to the possibility of a recount changing the result.- Advertisement –
“DC pension savings are soon going to dominate the market and fund managers are beginning to recognise this. They’ll need to think creatively about what this new generation of savers requires and be willing to negotiate seriously on fees.“We’re looking to work with innovative fund managers who see the future potential in this market and want constructive, long term relationships with their clients based on pension savers’ best interests.” NEST’s Mark Fawcett speaking at an infrastructure conference earlier this yearNEST said it had conducted “extensive research and analysis” on private debt markets and was confident that a DC-appropriate solution could be found “with some innovation” from asset managers.The “traditional” closed-ended private debt vehicles were unlikely to fit NEST’s requirements, it said. As a growing DC fund NEST’s investment options needed to be “evergreen” and “scalable”, the scheme said.It indicated that it was open to debt-only or multi-asset strategies, and envisaged opening up to direct investments and co-investment opportunities in the future as its asset base grew.The scheme said it was “interested in working with managers with the experience and motivation to support NEST in developing its in-house expertise in this area”.Fawcett issued a similar challenge to infrastructure investment managers earlier this year, saying providers needed to “completely recalibrate” their approaches to access the DC market.In July, the scheme launched a commodities allocation run by US firm CoreCommodity Management, with the intention of investing up to £200m.NEST tenders are available here.This article was amended on 6 September to update NEST’s assets under management. The UK’s National Employment Savings Trust (NEST) has challenged fixed income managers to come up with a scalable, open-ended structure for private debt suitable for its growing defined contribution (DC) client base.In a tender notice published today, the £3.8bn (€4.2bn) multi-employer scheme said it believed its members could benefit from exposure to the asset class, despite it rarely being accessible to DC investors.The scheme called for managers to come up with innovative ways of accessing unlisted infrastructure debt, real estate debt, and corporate loans.Mark Fawcett, NEST’s chief investment officer, said: “We don’t buy the argument that private credit is out of reach for DC schemes. Our members should have access to the same opportunities as pension savers in large, sophisticated [defined benefit] schemes.
The EPL returns after some intriguing scores on Saturday. Here’s what Sunday looks like.MANCHESTER UNITED V MANCHESTER CITY (13:05)Manchester United winger Ashley Young is back in training but not fit enough to play the Manchester derby, while City are without Sergio Aguero, David Silva, Samir Nasri, Gael Clichy and Fabian Delph due to injuries.United come into the game after a disappointing 1-1 draw against CSKA Moscow in the Champions League during their trip to the Far East. The Russian outfit opened the score from a rebound of a penalty shot saved by David de Gea.Anthony Martial scored a brilliant header in the second half to level the score. However, Louis van Gaal’s side were not able to find the second goal and had to settle for the draw, despite dominating the match with possession.What managers say Louis van Gaal: “When you look at the facts they are first and we are third. There’s a goal difference, a point difference, and they are first so they are the favourite, I think.”Manuel Pellegrini: “I don’t have any problem with Vincent Kompany. I need, every week, to choose the 11 that I think is the best for that game and when the others play they must wait. It’s crucial to play with the best players for the moment. Mangala and Otamendi are doing well.”Team FormManchester United Last Five (all competitions): D W L W WLast Result: CSKA Moscow 1-1 Manchester UnitedManchester CityLast Five (all competitions): W W W W LLast Result: Manchester City 2-1 SevillaBOURNEMOUTH V TOTTENHAM (13:05)Tottenham striker Harry Kane should return to the starting line-up for their Premier League trip to Bournemouth, while Bournemouth manager Eddie Howe is still waiting to assess the full extent of goalkeeper Artur Boruc’s thigh injury.LIVERPOOL V SOUTHAMPTON (15:15) Liverpool striker Daniel Sturridge remains a doubt for Sunday’s visit of Southampton after undergoing an ultrasound scan on a troublesome knee, while Southampton’s similarly injury-ravaged Jay Rodriguez could also miss out due to pain in his feet.–Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySports. Catch all the games and highlights live on SuperSport, your world of champions.
Successful Marriage and Parenting course, 10 a.m.-noon. Call Carmen Andersen at (661) 273-8122. MOPS (Mothers of Preschoolers) meets, 9:15 a.m.-noon the first and third Fridays of each month at Church of Christ, 1655 E. Lancaster Blvd., Lancaster. Includes a hot breakfast buffet, discussion groups, featured speaker, craft and demonstrations. Children welcome. Cost: $5 for moms and $3 for kids. Call (661) 943-3162 or (661) 942-1638. Stress Management will meet, 1 p.m. at 43423 Division St., Suite 107, Lancaster. Call (661) 947-1595 or (661) 726-2850, Ext. 221. Speakers in the Wind Toastmaster Club 2867 will meet, noon-1 p.m. at the Larry Chimbole Cultural Center, 38350 Sierra Highway, Palmdale. Call Joyce Hall at (661) 946-1181 or Barbara Linde at (661) 947-2537. Take Off Pounds Sensibly will meet, 9-10:30 a.m. Call (661) 272-0207 or (661) 947-7672. Celebrate Recovery, a biblically based 12-step recovery program, will meet, 7 p.m. at First Baptist Church, 44648 15th St. W. Call Pastor Pat Tanner at (661) 948-0855. The Lightkeepers, Spiritual Discussion Group, will meet, 7:30 p.m. at Center of Light, A.V. Church, 1030 West Ave. L-8, Lancaster. Call (661) 718-8731. Veterans of Foreign Wars Post 3000 and Ladies Auxiliary will serve steak or shrimp dinners, 5:30-8 p.m. at 4342 W. Ave. L, Quartz Hill. Takeout orders. Proceeds will go to community affairs. Members, guests and public welcome. Call (661) 943-2225. Meditation class, 7-8:30 p.m. For location and information, call (661) 945-9832. Schizophrenics Anonymous will meet, 6:30-8 p.m. in the multipurpose room on the mental health ward at Antelope Valley Hospital, 1600 W. Ave. J, Lancaster. Call Bill Slocum at (661) 947-1595 or (661) 319-5101. The Ups and Downs, a support group for people who have been diagnosed with bipolar disorder or depression, will meet, 2 p.m. at the Antelope Valley Friendship Center, 43423 Division St. Suite 107, Lancaster. Call Bill Slocum at (661) 947-1595 or (661) 319-5101. The Kaiser Permanente Grief Support Group will meet, 10-11:30 a.m. at the clinic offices, 44444 20th St. W., Lancaster. Open to the community. Free. Call (661) 951-2988. The Weekenders, a social and recreational group for mental health consumers, will meet, 1-2 p.m. at Antelope Valley Discovery Center, 1609 E. Palmdale Blvd., Palmdale. Call (661) 947-1595. Al-Anon will have a 12-and-12 meeting at 10:30 a.m. at 1821 W. Lancaster Blvd. and a beginners meeting at 7 p.m. at 1737 E. Ave. R, Room 104, Palmdale. Call (661) 274-9353 or (800) 344-2666. Pinochle Group for seniors, 6-9 p.m. at the Palmdale Senior Center, 1002 E. Ave. Q-12, Palmdale. Call (661) 267-5551. Flex and stretch, a workout for seniors, 8-9 a.m. at the Palmdale Senior Center, 1002 E. Ave. Q-12, Palmdale. Bring floor mat and hand weights. Call (661) 267-5551. Billiard Gang for seniors, 9 a.m.-4:30 p.m. at the Palmdale Senior Center, 1002 E. Ave. Q-12, Palmdale. Call (661) 267-5551.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! FRIDAY Fun After 40 Ballroom Dance Club will host ballroom dancing, 7:30-10 p.m. at the Palmdale Senior Center, 1002 E. Ave. Q-12. Dance lessons: 6:30-7:30 p.m. Dance admission: $3 for club members, $4 for nonmembers. Dance lessons: $2. Call (661) 943-0210 or 267-5551. Swingtime will host swing, waltz, ballroom and salsa dancing, 7-10 p.m. at the Antelope Valley Senior Center, 777 W. Jackman St., Lancaster. Cost: $3. Call (661) 400-3166. Recovery Inc., a self-help group for people with anxieties, panic attacks, depression and fears, will meet, 2 p.m. at Los Angeles County Mental Health offices, 349A E. Ave. K-6, Lancaster. Call (661) 943-3956. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBasketball roundup: Sierra Canyon, Birmingham set to face off in tournament quarterfinalsGrief Support Group will meet, 10-11:30 a.m. at Lancaster Presbyterian Church, 1661 W. Lancaster Blvd., Lancaster. Call (661) 951-2988. Celebrate Recovery will meet, 7 p.m. at A Place in the Sun church, 38117 13th St. E., Palmdale. Call (661) 274-9180. Speakers in the Wind Toastmasters will meet, noon-1 p.m. at the Larry Chimbole Cultural Center, 38350 Sierra Highway, Palmdale. Call Jack Knight at (661) 946-7166. Adult Anger Management Group will meet, 6:30-8 p.m. Court approved. Call (661) 266-8700. Low-cost Facilitated Parenting Group will meet, 10-11:30 a.m. Court approved. Call (661) 266-8700.