RPMI grows alternative risk premia team with EDHEC hire

first_imgCommenting on the hire, a spokesman for RPMI said: “We are delighted Tony Guida has joined RPMI to boost the internal research capacity within our alternative risk premia (ARP) team.”The hire comes after RPMI overhauled its investment strategy and established a dedicated ARP team in the wake of its investment transformation programme, launched in 2013.The spokesman noted that ARPs would be a “core element” of its new approach to investment.The shift to ARPs came after the manager examined the cost associated with active management.Steve Artingstall, investment manager at RPMI, told IPE in March RPMI would consider it a “good outcome” if it achieved 80% of the benefit at 20% of the cost.He added: “Active managers would need to persuade us that more than 80% of the excess return they generate is not replicable systematically and cheaply.” RPMI has boosted its internal research capacity, hiring a former Unigestion portfolio analyst as part of its alternative risk premia team.Tony Guida joined RPMI Railpen, manager for the UK’s £21bn (€28.9bn) Railways Pension Scheme, this month after spending nearly a year at ERI Scientific Beta, the Nice-based smart beta platform launched by the EDHEC-Risk Institute in 2013.Prior to joining the EDHEC venture, where he was senior consultant, Guida spent nearly eight years at Unigestion in Geneva, initially as senior vice-president and portfolio analyst.He later also took on responsibility for research projects.last_img read more

A more efficient heating/air conditioning unit to fight higher utility bills

first_imgWith the winter season just right around the corner and the possibility of higher utility rates, perhaps it is time to seriously look for a more efficient heating/air conditioning unit to help shave down those costs.Hobbs Mechanical, Inc. on 207 E. Harvey is a good place to start looking. The business is locally owned and operated by Harvey and Dianne Miller and has been serving Wellington and the surrounding communities since 1989.  Harvey and Dianne attribute their success to their commitment to offering excellent customer service and professionalism.Hobbs Mechanical, Inc. services all brands and installs the very best equipment in the industry such as Trane and Bosch.  Have or need a well on your property?  Hobbs Mechanical provides services such as water well drilling and well service.  They carry Grundfos solar pump systems and Schaeffer water well pumps.Hobbs Heating and Cooling at 207 E. Harvey.Going Green?  You can reduce your carbon footprint by installing a Bosch geothermal heat pump system, the most efficient way to heat and cool your home or business.  Hobbs provides turnkey installation from the ground loop to the heat pump system that best fits your home design.In the showroom, customers can find many hearth fireplace product displays such as Mendota, Pacific Energy, St. Croix,  American Hearth,  Lopi  and Fireplace Xtroidinair. Hobbs is your No. 1 BBQ resource! They offer grill accessories and a wide variety of rubs and seasonings.  The business stocks several models of Green Mountain Grills and Traeger wood pellet smokers and grills and the Big Green EGG charcoal grills.  For more information on what Hobbs Mechanical Inc. has to offer please see their website at:   http://hobbsmechanical.com/index.phpYou can also join the mailing list (via their webpage)  and receive a 40 percent off coupon for grill accessories, just for signing up on their website.last_img read more