first_imgWe hope that today’s “Readers Forum” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way? WHATS ON YOUR MIND TODAY?Todays“Readers Poll” question is: Do you feel that the race between Mike Braun (R) and the United States Senator Joe Donelly (D) will be a political barn burner?Please take time and read our articles entitled “STATEHOUSE Files, Channel 44 News, LAW ENFORCEMENT, READERS POLL, BIRTHDAYS, HOT Jobs” and “LOCAL SPORTS”.  You now are able to subscribe to get the CCO daily.If you would like to advertise on the CCO please contact us [email protected]: City-County Observer Comment Policy.  Be kind to people. No personal attacks or harassment will not be tolerated and shall be removed from our site.We understand that sometimes people don’t always agree and discussions may become a little heated.  The use of offensive language, insults against commenters will not be tolerated and will be removed from our siteFacebookTwitterCopy LinkEmailSharelast_img read more

Mitchell Jarvis Will Return to Rock of Ages on Broadway

first_img Rock of Ages Featuring a score of such classic rock hits as “Here I Go Again,” “Every Rose Has Its Thorn” and “Don’t Stop Believin’,” Rock of Ages tells the story of Drew, an aspiring rock star who moves to Los Angeles to make his dreams come true. Jarvis joins a cast that includes original star Constantine Maroulis, Carrie St. Louis, Joey Calveri, Adam Dannheisser, Genson Blimline, Josephine Rose Roberts, Cody Scott Lancaster, Paul Schoeffler and Teresa Stanley. Jarvis made his Broadway debut in Fiddler on the Roof. Other stage credits include Threepenny Opera, The Rocky Horror Show and The Toxic Avenger. Additionally, It Could Be Worse, the comedic web series that he co-penned with fellow Rock of Ages original cast member Wesley Taylor, was recently picked up by Hulu for its second season. View Comments Show Closed This production ended its run on Jan. 18, 2015 Related Shows Mitchell Jarvis, who originated the role of mullet-rocking nunchuck-wielding narrator Lonny Barnett in Rock of Ages, will return to the Broadway production from September 15 as wild aging rock idol Stacee Jaxx. He succeeds Joey Calveri in the role.last_img read more

Fixed fees most often not in investors’ best interests, study shows

first_imgConversely, fixed fees are in asset managers’ best interests 86% of the time.The academics suggest that a symmetric fee structure, whereby managers share losses and gains equally with the client, are most preferable under most scenarios for clients.Both the size and form of asset management fees have come under attack from pension funds and consumers this year.Peter Borgdorff, head of the Dutch healthworkers’ scheme, has said there should be financial penalties for underperformance.This week, the UK’s Financial Services Consumer Panel described hidden costs in fund management fees as a scandal.Chris Wagstaff, a trustee of the UK Merchant Navy Officers’ Pension Fund, said asset managers who believed they were skilled and added alpha should show the courage of their convictions and offer symmetric fees. Fixed fees are only in investors’ best interests in a handful of cases, according to research from London’s Cass Business School.Academics there found that only when third-party managers are very skilled and undertake greater risk in their investments can fixed fees be the right choice for clients.The bulk of institutional mandates in Europe are remunerated by a fixed percentage of assets managed.But the Cass research suggested that only in 9% of scenarios was this optimal for clients, and that all these occurred when the manager displayed an Information Ratio of 0.5 or more and tracking error relative to the benchmark of 6% or more.last_img read more