Wind and temperature profiles in the lowest 2000 m of the atmosphere at Halley (75°35′S, 26°50′W) have been analysed. Surface winds blow most frequently from the sector 090° ± 45° but the 2000 m wind direction is much more evenly distributed and appears to be determined by synoptic-scale pressure gradients. A simple one-dimensional boundary layer model, which includes the effects of stably-stratified air overlying a sloping surface, is able to reproduce some of the features of the observed profiles
December 18, 2020
I think you’d like my brother, Mike. He loves to share things that he thinks will be helpful. He’s pretty darn upbeat. And he laughs at my jokes. In other words, he’s very kind.About a month ago, he sent me a pic via Messenger. Here it is.It is pretty simple, but I think it is very powerful. continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
September 29, 2020
The project is intended to plug a gap in the green bond market. Although the market has been expanding rapidly in recent years, there has been little issuance from banks in developing countries.The idea behind the partnership is to stimulate demand through the launch of the fund, and to encourage more supply of green bonds from emerging market financial issuers by providing technical assistance.Frédéric Samama, deputy global head of institutional clients at Amundi, told IPE that pension funds AP4, ERAFP and NZ Super had expressed interest in the fund, among other institutional investors.A spokesperson for ERAFP said accelerating the development of green bonds in emerging markets was vital for the transition towards a low carbon economy. “The initiative of IFC and Amundi to create a structure integrating the constraints and objectives of investors is an excellent way to unlock massive investment capabilities,” the spokesperson said.Samama said there was “fierce” competition among 16 asset managers to form the partnership with IFC. Mercer organised the competition.According to Amundi and IFC, the fund will be the largest green bond fund dedicated to emerging markets. IFC CEO Philippe Le Houérou said: “This green-bond fund will lower the risk for the private sector and attract new investors – essentially creating a market where there was none.“We’ve already identified dozens of banks in many developing countries around the world that could be interested in this fund. It’s a win-win—supporting the green economy and deepening access to international markets for emerging market issuers.”Schroders grows private assets businessSchroders Investment Management is to acquire private equity firm Adveq to accelerate the expansion of its private assets business.The £397bn (€463bn) asset manager also said the acquisition complements its existing capabilities and expertise in real estate and infrastructure finance.Schroders has £14bn of assets in its private assets business, which currently comprises insurance-linked securities, infrastructure debt finance and real estate.Adveq has more than $7bn (€6.5bn) of commitments from a predominantly Swiss and German client base, including some of the largest institutional pension investors and pension funds in the region. It has recently established a client base in the US and other international markets, according to a statement on the acquisition.Peter Harrison, group chief executive at Schroders, said: “This acquisition is characterised by a strong cultural fit between our two firms – a shared client focus and commitment to delivering excellent investment performance.“Adveq’s impressive investment proposition, proven track record and strong position within key markets makes this partnership a complementary combination.”Founded in 1997, Adveq invests in all private equity strategies, including venture capital, growth capital, buyout, and turnarounds through primaries, secondaries, and direct-/co-investments.BNY Mellon targets US municipal bondsBNY Mellon Investment Management has launched a US municipal infrastructure debt fund for intermediary and institutional investors in Europe.The fund launch comes amid expectations of increased activity in US infrastructure development and maintenance under President Trump’s administration, and growing interest from institutional investors in US municipal bonds as an asset class.Municipal bonds are issued to finance infrastructure sectors and projects.Matt Oomen, head of international distribution at BNY Mellon IM, said: “US municipal infrastructure bonds have historically offered attractive yields, even at times of heightened volatility, while holding higher credit ratings and exhibiting lower default rates than the US investment grade corporate bonds.“We believe this asset class represents an attractive risk-return profile for investors and can also benefit from a very favourable Solvency II profile.”The fund will be sub-advised by Standish Mellon Asset Management Company. Amundi is partnering with the International Finance Corporation (IFC), the private sector arm of the World Bank Group, to launch a $2bn (€1.9bn) emerging market green bond fund.IFC will seed the Green Cornerstone Bund Fund with up to $325m, with Amundi raising the remaining $1.675bn from institutional investors.The fund will buy green bonds issued by banks in Africa, Asia, the Middle East, Latin America, eastern Europe, and central Asia. It aims to be fully invested in green bonds within seven years.The fund is the first product of a joint venture between IFC and Amundi aimed at developing green finance in emerging markets, according to a statement.
September 23, 2020
Thursday evening, The Batesville Bulldogs faced off against the Greensburg Pirates for a conference match-winning 6-0.Batesville started out with high intensity and quickly took over with possession. 26:11 JJ Kuisel took a shot that was blocked by the post and followed up where he got it again and dropped to Ian powers with a shot from the center of the 18-yard line. 17:08 Ian Powers played Willy Sherwood and then he passed to JJ Kuisel for a nice combination play and then tapped into the net.The second half started out the same. 31:49 JJ Kuisel received the ball from opposing goal kick and then dribbled up the middle and returned the ball into the net. 29:44 Ian Powers shot was defected and then Adam Vogelsang caught the loose ball with an impressive one-touch volley into the goal. 23:44 JJ Kuisel played the ball wide from the center near the 18′ to Joey Gutzwiller who played the ball forward and deflected. Willy Sherwood followed up and finished to a goal. 6:23 Andrew Hoffbauer took a corner kick and Dominic Butz finished header to a goal. Courtesy of Bulldogs Coach Kyle Hunteman. In their 3rd game in 3 days, Greensburg traveled to Batesville and fell to the Bulldogs 6-0.Greensburg played a relatively mistake-free first half, defensively, but a very talented Batesville team was able to capitalize and score 2 goals, making it 2-0 at halftime.The second half saw the fatigue set in for the Pirates as they gave up 4 second half goals. Greensburg only saw shots from sophomores Luke Hellmich and Grayson Newhart as Batesville’s stout defense held Greensburg scoreless for the first time in conference play.The loss moves Greensburg to 2-7-1 and 1-2 in the conference.Courtesy of Pirates Coach Cody DeVolld.