Royal touchdown at Shannon

first_imgShannondoc operating but only by appointment 19/5/2015 REPRO FREEBritain’s Prince Charles greets Rose Hynes and Neil Pakey, Shannon Group when he and his wife Camilla arrived at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters.Britain’s Prince Charles greets Rose Hynes and Neil Pakey, Shannon Group when he and his wife Camilla arrived at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters.Prince Charles and the Duchess of Cornwall Camilla Parker Bowles touched down shortly before midday on Tuesday at Shannon Airport for their visit to Ireland.The Prince and Duchess were welcomed on arrival by Shannon Group Chairman Rose Hynes, CEO Neil Pakey, Chairman of the Joint Oireachtas Committee on Foreign Affairs and Clare T.D. Pat Breen and Deputy Mayor of Clare County Council Joe Cooney.Sign up for the weekly Limerick Post newsletter Sign Up Welcoming Prince Charles and the Duchess, Shannon Group Chairman Rose Hynes said that she took the opportunity to congratulate them on the birth of Princess Charlotte earlier this month.“We were delighted to welcome the Prince and Duchess here to Shannon and it was another very important day for us at the airport.  Prince Charles was very relaxed and was looking forward to his visit.“He was very friendly and warm.  He was only here for a brief time on arrival but I did get to congratulate him on the birth of his granddaughter Princess Charlotte.  He was like any grandfather, very proud. He said ‘that’s so kind; it’s wonderful that it’s a girl’.” Print 19/5/2015 REPRO FREEBritain’s Prince Charles and his wife Camilla the Duchess of Cornwall arrived at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters. WhatsApp First Irish death from Coronavirus Advertisement Walk in Covid testing available in Limerick from Saturday 10th April Facebook 19/5/2015 REPRO FREEBritain’s Prince Charles is greeted by S’le Maguire Department of Foreign Affairs at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters. Email Prince Charles also noted in the conversation his desire to see the Burren.   “I explained to him that I was from the Burren and he said that the author and poet John O’Donoghue had always wanted him to come to the Burren. I knew John O’Donoghue personally and said to Prince Charles that John would be delighted today if he were still alive to know that the visit was happening.”Shannon Group CEO Neil Pakey said the couple were in a relaxed mood. “Both Prince Charles and the Duchess seemed very pleased to be here.  Prince Charles was, in particular, looking forward to getting a look at the Cliffs of Moher as he flies up to Galway.  He though it would be a wonderful view from the air.“It was quite windy here on arrival but the Duchess said she was pleased to be here and that the weather was no different to home.“It’s been a very busy few days here at Shannon. On Sunday we welcomed Chinese Premier Li Keqiang and today we have the Prince and Duchess.”Deputy Pat Breen said that it was a pleasure to welcome Prince Charles and the Duchess to Shannon and Ireland.  “It’s a very significant day for Shannon, for Clare, for the West of Ireland and the entire nation.  This is an important visit for Prince Charles and the Duchess and, indeed, for Ireland.“I am delighted that they have decided to fly in through Shannon, the gateway to this wonderful part of Ireland.  They will feel the warmth of our welcome across the region.  This visit will further strengthen relations between Ireland and the UK and I am personally delighted that it’s all starting here in Co. Clare at Shannon Airport.” Proceedures and appointments cancelled again at UHL 19/5/2015 REPRO FREEBritain’s Prince Charles is greeted by S’le Maguire Department of Foreign Affairs at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters. 19/5/2015 REPRO FREEBritain’s Prince Charles and Pat Breen TD when he and his wife Camilla arrived at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters. RELATED ARTICLESMORE FROM AUTHOR Linkedin TAGSCamillaDuchess of CornwallfeaturedNeil PakeyPrince CharlesRose Hynesroyal visit.Shannon airport 19/5/2015 REPRO FREEBritain’s Prince Charles and his wife Camilla the Duchess of Cornwall greeted by S’le Maguire Department of Foreign Affairs (far left) when they arrived at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters. 19/5/2015 REPRO FREEBritain’s Prince Charles Neil Pakey, Shannon Group when he and his wife Camilla arrived at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters. 19/5/2015 REPRO FREEBritain’s Prince Charles (centre) Rose Hynes and Pat Breen TD when he and his wife Camilla arrived at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters. Surgeries and clinic cancellations extended Twitter 19/5/2015 REPRO FREEBritain’s Prince Charles greets Rose Hynes, Shannon Group, Pat Breen TD and Neil Pakey, Shannon Group when he and his wife Camilla arrived at Shannon airport ahead of their official visit to Ireland.. Pic Sean Curtin Fusionshooters. Previous articleTicket winners for Strauss under Big TopNext articleLacing legacy and vision in cultural sectors Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. No vaccines in Limerick yet NewsBreaking newsLocal NewsRoyal touchdown at ShannonBy Bernie English – May 19, 2015 1176 last_img read more

Finnish pension providers see ‘outstanding’ equity results due to ECB

first_imgFinnish pension providers have seen their first-quarter returns boosted by the European Central Bank’s (ECB) monetary policy, with one claiming “outstanding” results as a consequence of the quantitative easing programme.Pensions insurer Varma reported a 5.3% return on investments in the first three months of this year, which increased the provider’s solvency level.The return was up from the 2% posted in the same period last year.Risto Murto, president and chief executive at Varma, said: “For pension investors, this year started out exceptionally strong.” Solvency capital increased to a level of 38.1% of technical provisions, from 32.9% at the end of March 2014, Varma said in its interim report.The company said its return on investments was lifted in particular by the strong increase in share prices as well as the strengthening dollar, since a proportion of its currency position had been unhedged.All asset classes posted positive returns, with equities making the highest at 9.6%, compared with 2.6% in the same period last year.Fixed income investments returned 2%, up from 1.5%, due to the decline in interest rates.‘Other’ investments, including hedge funds, produced 4.7% in the quarter, up from 1.9%, while real estate returned 2%, after 2.1% the year before.Murto said increasing the long-term growth potential of the Finnish economy was a big challenge.“The zero-rate environment, low level of investments and poor development of productivity all paint a bleak picture,” he said, adding that there was a shortage of growth and innovation.Elo said it also returned 5.3% in the first three months of the year, aided by a 13.2% return from stocks and rising as high as 20.1% for individual listed companies in Finland.The €20.9bn provider also credited the weakening euro with some of the “outstanding” gains, but CIO Hanna Hiidenpalo struck a cautious note.“Equity market values are to some extent already very high,” she said. “It seems the trends in the real economy and the investment market are diverging.”Elo said fixed income returns, at 1.1%, were higher than expected in the current low and negative yield environment across Europe.Across its entire portfolio, only listed equities managed double-digit returns of 14.8%.The second-best result was achieved by its private equity portfolio, with 6.4%.Etera, which saw assets under management increase to €6bn on back of 4% returns, praised the success of its diversified portfolio.Stefan Björkman, its managing director, argued that, in light of its asset allocation, the return over the first quarter was good.“A considerable proportion of our investments are in real estate and private equity and debt, which do not react to quick market moves,” he noted.In line with other providers, Etera saw the best returns stem from its 11.5% allocation to listed equities.The 8.6% overall return in equities, stemming from 2.8% in private equity and 4.6% in unlisted equity, was also well above the results achieved by its bond, real estate and ‘other’ investments.Ilmarinen achieved the best overall return of the four providers, at 7.1%, as listed equities returned 17.7% and both fixed income and direct real estate 1.2%.Chief executive Timo Ritakallio said he accepted that the ECB’s intervention had given equity markets a “boost”, but the €37bn mutual’s new CIO Mikko Mursula warned of “strong fluctuations” to the price of listed equity.“With interest rates at zero, investors are still heading towards the equity markets, although quite a long and severe rise in share prices lies behind us,” Mursula said.last_img read more