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Parametric Enters Canada to Help Local Investors Access Systematic Solutions - GlobeNewswire (press release)

SEATTLE, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Parametric Portfolio Associates LLC (Parametric), a subsidiary of Eaton Vance Corp., today announced the registration of Parametric as a Portfolio Manager with the securities regulatory authorities in certain provinces of Canada with regard to specific products and strategies as well as a Commodity Trading Manager in Ontario. The registrations became effective this summer.

“There is a strong appetite from Canadian investors to access our customized beta, systematic active strategies and overlay solutions across multiple asset classes,” said Mr. Brian Langstraat, CEO of Parametric. “Canadian investors are seeking out transparent, risk-managed solutions, and Parametric is well positioned to enter this market given its 30-year track record and deep investment expertise.”

Parametric, a subsidiary of Eaton Vance Corp., is a leading systematic asset manager focused on delivering elevated, transparent, repeatable investment outcomes by bringing clarity and accessibility to investment science. Parametric's solutions apply ingenuity and scientific rigor to manage risks and controls costs across three main categories: better beta, nontraditional alpha and efficient portfolio implementation. As of June 30, 2018, Parametric managed $231.3 billion assets on behalf of institutions, high-net-worth individuals and fund investors in the U.S. and internationally. Parametric operates from investment centers in Seattle, WA, Minneapolis, MN and Westport, CT. For more information, visit parametricportfolio.com.

Parametric Portfolio Associates LLC (“Parametric”), headquartered in Seattle, Washington, is registered as an investment adviser with the U.S. Securities and Exchange Commission under the Investment Advisers Act of 1940. Parametric provides investment advisory services directly to institutional investors and indirectly to individual investors through financial intermediaries.
Parametric does not provide legal, tax and/or accounting advice or services. Parametric is located at 1918 8th Avenue, Suite 3100, Seattle, WA 98101. For more information regarding Parametric and its investment strategies, or to request a copy of Parametric’s Form ADV, please contact us at 206.694.5575 or visit our website, www.parametricportfolio.com .

Media Contact:
Christine Hudacko

Source: globenewswire.com

Why was TV presenter David Dickinson in Derby? - Derbyshire Live

A famous face turned up at a Derby auction house today in the hope of finding quality antiques as cheap as chips.

TV presenter and antiques expert David Dickinson was at Bamfords Auctioneers and Valuers throughout Wednesday filming segments for a new episode of his popular ITV daytime show Dickinson's Real Deal.

The former Bargain Hunt host was on top form today - charming the crowds of people who came in to the Chequers Road building to find a bargain or two.

He was his usual enthusiastic self in front of the camera and told the Derby Telegraph it was great to be back in the city.

He said: "I've been to Derby a few times for this, it's a great part of the world and the people here are always lovely to talk to - they know their antiques here.

"We've brought the show here a few times before and it often does very well. It's a very good sale room that pulls in the punters."

Dickinson's Real Deal is now in its twelfth series since starting back in 2006. The host explained what he loved most about the show.

"I love the unpredictability of it all," he said.

"You just never know what is going to happen when you start the day. You can find out about something which can go for thousands.

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"The researchers here pull out all the stops to make sure the show is a real success."

His visit did catch one or two bargain hunters by suprise.

Julie Knight, from Smalley, said: "I honestly didn't know he was here until I arrived. I like Dickinson's Real Deal - I think it is a great show.

"If I knew he was coming I would have worn a different outfit and put some make-up on!"

Bamfords auctioneer James Lewis said it was another great day for the venue to see Dickinson and the production crew on set.

He told the Derby Telegraph: "It never ceases to amaze me how this craving and fascination for antiques never seems to die.

"David Dickinson has been doing these TV shows like this for almost 20 years and the crowds are still buzzing - they still love him."

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Source: www.derbytelegraph.co.uk

De Doorns protests: One year later - Independent Online

Striking farm workers throw rocks at South African police as they demonstrate in De Doorns , South Africa, Thursday, Jan 10, 2013. Striking farm workers in South Africa have clashed with police for a second day during protests for higher wages. The South African Press Association says police on Thursday fired rubber bullets at rock-throwing demonstrators in the town of De Doorns in Western Cape province, and protests were occurring in at least two other towns. (AP Photo/Schalk van Zuydam)

Nosey Pieterse, the president of the Black Association of the Wine and Spirit Industry and general secretary of Bawusa, the Bawsi Agricultural Workers Union of South Africa, called for a resumption of the strike when he spoke at a poorly attended meeting at the Stofland Stadium in De Doorns on Sunday.

In recent weeks, Pieterse has sent farmers in the Hex River Valley scrambling for extra security by threatening that farmworkers will stage another “mass action”.

However, farmworkers differ over whether strikes should be resumed.

A civic organisation, the Hexvallei Plaaswerker Assosiasie (HPA), has been lobbying against a strike, and the Food and Allied Worker’s Union (Fawu) has accused Pieterse of being insensitive to the suffering and risks faced by workers who embark on unprotected strikes.

During last year’s strike, which peaked during mid-November and again in mid-January, farmers lost tens of millions of rand in productivity and to damage as strikers burned vineyards, packing stores and farming infrastructure.

The N1 and other roads were closed and there was widespread looting during the strike, which spread to Ceres, Robertson, Grabouw and surrounding areas. Three people died, two of them killed by the police.

In response to the workers’ central demand for a higher minimum wage, Labour Minister Mildred Oliphant sent a task team to meet workers and farmers in all nine provinces. Acting on her team’s recommendations, Oliphant announced a new sectoral determination of R105 a day (a huge 52 percent hike from the previous minimum wage, which had been R69 a day).

Agri WesCape chief executive Carl Opperman said job losses were being experienced across the industry as farmers adopted less labour-intensive models (which yield normal productivity) in the face of the higher input costs associated with the increased wages.

Some farmers have slashed their workforce following the introduction of the minimum wage of R105 a day following last year’s farm strike.

Opperman said that the strikes, coupled with poor infrastructure and concern about government-driven land reform, had led many farmers to invest in farming elsewhere in Africa and overseas. This meant less profit was being reinvested locally - stunting the prospects for growth and employment in the province.

But Karel Swart, general secretary of the Commercial Stevedoring Agricultural and Allied Workers Union, accused Opperman of overestimating job losses to undermine the farmworkers’ struggle.

“Many farmers tried to lay off workers, but found they could not do so. The industry needs labour.”

Instead of looking at “productivity models”, farmers were looking at using “underhand” tactics to retrieve money from workers who now had to be paid R105 a day, Swart said. For instance, farmers charged live-in workers higher rates for electricity, rent, transport and groceries (at farm shops).

He criticised the Department of Labour for failing to enforce adherence to the new R105 rate, adding that some farmers flatly refused to pay this. He also said many of the union’s shop stewards had been unfairly dismissed.

“The strikes were a historical moment. For the first time workers realised that the farmers were not so holy, that their abusiveness could be challenged. Through intimidation and underhand tactics, the gains are, however, being reversed and the workers’ self-confidence is at new...

Source: www.iol.co.za


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