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Today in Strasbourg, European Commission President José Manuel Barroso and European Parliament President Jerzy Buzek signed the revised Framework Agreement governing working relations between the two institutions. The signature brings to a successful conclusion a process that started almost one year ago with the entry into force of the Lisbon Treaty. The revised FA adapts the existing accord from 2005 to the new Treaty framework. Both Presidents expressed confidence that it will deepen the relations between the two institutions and offer practical solutions in line with the increased competences of Parliament under the Lisbon Treaty. Important elements of the agreement have been implemented already, even before it comes into force, including progress on preparing the Commission's work programme for 2011.President Barroso said: "This agreement marks a new departure following the entry into force of the Lisbon Treaty which reinforces the roles of the Commission and the European Parliament in driving forward the European agenda. I'm confident our work together will now go from strength to strength."President Buzek said: "The European Parliament is proud of this new five-year Framework Agreement with the European Commission. It reflects the new more influential position of the European Parliament under the Lisbon Treaty and takes our special partnership with the European Commission to a new level. I welcome in particular that the Commission has undertaken to report on the concrete follow-up given to any legislative initiative requests by Parliament and the acceptance of the principle of equal treatment by the Commission of Parliament and the Council of Ministers in legislative and budgetary matters." Maroš Šefčovič, Commission Vice-President for Inter-institutional Relations and Administration, who negotiated on behalf of the Commission, added: "It's crucial that we have a solid and formally agreed basis for our work together, and that it's actually put into daily practice on the ground. I'll do everything I can to ensure that this happens. I'd like to thank the Parliament's negotiators for their efforts throughout what were always very frank discussions!"
Source: European Commission


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French designer Sophie Theallet frequently made fashion splashes dressing First Lady Michelle Obama over the years. She won't be looking for an encore with Melania Trump.
"As one who celebrates and strives for diversity, individual freedom, and respect for all lifestyles, I will not participate in dressing or associating in any way with the next First Lady," Theallet wrote in an open letter on Twitter.
After studying in Paris, the French fashionista moved to the United States to pursue her career in New York. She launched her own brand in 2007 and now lives in Brooklyn Heights. One of her most famous clients is Michelle Obama.
"As an immigrant myself in this country, I have been blessed with the opportunity to pursue my dreams in the USA," Theallet wrote. "Dressing the First Lady Michelle Obama for the past 8 years has been a highlight and an honor. She has contributed to having our name recognized and respected worldwide."
But for the next four years, Theallet said she would forgo the White House, as she and her co-workers cannot reconcile their ethics with the policies espoused by President-elect Donald Trump and tolerated by his wife.
"The rhetoric of racism, sexism, and xenophobia unleashed by her husband's presidential campaign are incompatible with the shared values we live by," Theallet wrote.
She urged other designers to join her boycott of the executive branch.
"Integrity is our only true currency," she added.

subset: commoncrawl


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Uploaded. at Thursday, November 30th 2017 11:29:30 AM under Chair by Dalia Gomez.
Dimension. 1000x1000 pixels.
Resolution. High Resolution.
Category. Chair.
Total. 62 image Chair Ideas.
If your work requires you to sit behind a desk most of the time, one of your concerns is having a comfortable place to work in. This includes having an organized desk, comfortable chair, and spacious table. Having the right kind of chair is important especially if your work is stationary because sitting for a prolonged period of time can cause upper and lower back pains. Whether you are working at home or in an office, having the right kind of chair will help you last longer in your work, and if you have an incredibly uncomfortable chair you would not be as productive.
One of the most important components of your office is actually the right kind of furniture. It is important to choose them carefully with lots of thoughtful consideration because it will not only be conveying an impression of you but would also help you be either comfortable in your office or otherwise. In addition, when you are looking for the right kind of furniture for the office, picking the correct office chair for yourself is very important.


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Seattle's Sherman writes he's not villainous
Jan. 21, 2014
RENTON, Wash. (AP) — Seattle Seahawks cornerback Richard Sherman said in a column for SI.com that he's not a villainous person.
Sherman has been a regular writer for mmqb.si.com for most of the season. He wrote on Monday that his postgame interview Sunday with Fox reporter Erin Andrews stemmed from adrenaline and his dislike for San Francisco wide receiver Michael Crabtree. Sherman screamed during the interview that Crabtree is a subpar receiver.
Sherman wrote, "It was loud, it was in the moment, and it was just a small part of the person I am."
After the game Sherman didn't back down, calling Crabtree "mediocre." Sherman wrote that his personal problem with Crabtree stems from an incident during the offseason in Arizona but he didn't elaborate.
AP NFL website: www.pro32.ap.org


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Istanbul on a budget
Save money on Istanbul holidays with our package deals on flights, hotels and car hire.
Save money on Istanbul holidays with our package deals on flights, hotels and car hire.
Straddling Europe and Asia, this remarkable Turkish city is an intoxicating cultural melting pot - both steeped in history and buzzing with modern life. Discover the many sides of this exotic destination on holidays in Istanbul.
Incredible contrasts are all part of Istanbul's magical appeal. Beautiful Byzantine frescoes and awe-inspiring Ottoman architecture mingle with shimmering skyscrapers and modern art museums. Wander around historic markets or purchase cutting-edge fashions at luxury boutiques. Book car hire or an experience to see everything that the city has to offer, and choose the perfect accommodation from our range of hotels.
Discover how old meets new in Istanbul on this tour of the city's four 'must-see' historic sights. Take in the iconic Sultan Ahmet, or Blue Mosque, a stunning feat of Ottoman architecture. Then visit the 6th-century Hagia Sophia, once one of the world's largest Christian basilicas and now a magnificent museum. Marvel at the crown jewel of the Ottoman Empire, Topkapi Palace, before perusing the thousands of shops forming the legendary Grand Bazaar – one of the world's largest covered markets.
Plan and book your holiday with British Airways, online or by phone. Enjoy all these great benefits:


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ESO 378 Nebula js
ESO 378 Nebula
Source: Here you'll find lots of information about International Space Station and the Space Shuttle. Also we have facts about the the planets, solar system, and planets in our solar system. Learn aboutnew planets and outer space Just Space
29 Mar, 2016
ESO 378 Nebula js
Posted in Just Space and tagged Space pictures by cnkguy with no comments yet.


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Sponsored forum: Fund administrators ponder variety of issues challenge hedge fund industry
Sponsored forum: Deliberating the issues challenging the hedge fund industry
Forum participants
Axa Investment Managers' fund of hedge funds platform
Sharmila Soosaipillai, head of operational due diligence
BNP Paribas Securities Services
Geoff Pullen, head of global sales hedge funds
Butterfield Fulcrum
Christopher Mulhern, chief operating officer and president
HSBC Securities Services
Paul Stillabower, global head of business development
UBS Global Asset Management
Thomas Wels, chief operating officer and head of fund services
View and listen to the full proceedings of the Hedge Funds Review fund administrators forum
HEDGE FUNDS REVIEW: As fund administrators move into the middle office, can you define 'middle office', and is it something administrators should be getting into?
Christopher Mulhern, Butterfield Fulcrum: At this point in time, what isn't recognised is that a number of the larger administrators have been involved in middle office for almost a decade. Other administrators are moving into middle office based on the opportunity of incremental revenues for the firm. There are a few drivers behind it but, before you get to that point, you need to define what is 'middle office'. There are a number of different definitions out there.
We, at Butterfield Fulcrum, define middle office as activities that we perform for our clients related to trade date, whether that be affirmations, confirmations work, cash, collateral management work, portfolio or profit and loss (P&L) reporting on trade date. That's middle office to us. It's not month-end tasks like reconciliations or net asset valuation (NAV) calculations done on a daily basis. That's how we look at middle office.
Should we be involved in that? It's hard as a fund administrator to turn away incremental revenue opportunities and requests for services, to be quite honest.
It was driven originally by fund managers being able to allocate work to the administrator that falls under the fund's fees as opposed to the management fees.
Over time, people have started to suggest that independence is the driver behind putting middle office with the administrator. Right or wrong, we're there. The majority of our competitors are there.
Paul Stillabower, HSBC Securities Services: I think the middle-office services are a natural extension of back-office services – fund administration – that we provide, and have done for a number of years. It has been a natural way of extending from the back office services as clients look to outsource non-core functions they are doing themselves and leveraging the scale that a fund administrator provides in those areas.
It is a complicated service that requires a good fit. We have all discussed the different definitions of middle office and if a client – and we all know a few that are – is trapped with a provider that is not providing a good middle-office service, it is unfortunately very sticky and difficult to unpick.
HEDGE FUNDS REVIEW: Do you think administrators should be offering these services as the skill set is very different from standard fund administration?
Geoff Pullen, BNP Paribas Securities Services: It is a natural extension, and actually could be interpreted as early fund administration, to a certain degree. Some fund administration staff will only cut NAVs but, as we extend into the middle office, there are definitely people that, naturally, can take on those processes and I think fund administrators do have those skills. Each client is different as is every fund administrator, but the skills are most certainly there.
Thomas Wels, UBS Global Asset Management: If I look into my role, I am confronted on a daily basis with two questions: to whom do I outsource and, on the fund services side, to whom do I offer services? If I outsource, I tend to go to best-in-class service providers. We regularly question whether the fund administrator is the better provider than a specialist, or if it is better to work with the risk management firm that is doing nothing else but risk management or whether we outsource or offshore parts to our own locations.
What we do is mix and match. The former pure-play fund administrators are pretty good at adding risk management services to their business, for example. Risk reporting just belongs in the package provided to their clients on a daily, monthly or quarterly basis. Web reporting belongs to this. Middle-office services always depend on how far we actually go down the value chain.
Geoff Pullen: It is important not to lose sight of what the core function of an administrator is, which is essentially to produce an accurate and timely NAV. Each client is different, however, and we do receive requests for middle-office services – and we've responded to that. Some managers don't want to outsource middle office while others are principally interested in the NAV. Where the client demand exists, however, administrators will build the necessary infrastructure.
Christopher Mulhern: I think it is one of these issues where particularly big managers that have scale like the control. You cannot abdicate your responsibility as the manager, so there is the economic value you get by outsourcing. There is a move towards a variable-cost model so you can keep aligned with your trading activity. But it is different, depending on the 'DNA' of the manager.
Thomas Wels: If you look at the size of assets under management (AUM)specifically, smaller asset managers see the enormous back-office costs and they are prepared to outsource much more easily, while larger hedge fund or fund of hedge fund (FoHF) managers might say: 'I am big enough to provide this service internally'.
Sharmila Soosaipillai, Axa Investment Managers' FoHF platform: I've seen a combination of both, whereby the larger manager wants that additional check and balance where they will extend the services their administrator provides. But the responsibility should ultimately lie with the manager when it comes to the daily trading process, the matching of those trades and reconciliation. It would be useful to get the assistance on the outsourcing front, especially if you are a manager who is starting up and you don't have the infrastructure. Ultimately, the managers will need to make sure they keep on top of what is going on.
Christopher Mulhern: We could speak at length about whether we should be in this space and maybe agree or disagree. But, in a lot of cases, the client is defining that for us. By participating in the business development side of Butterfield Fulcrum, we are at the table with some clients and being considered for opportunities only because we have the middle-office servicing as part of our core service offering. To an extent – whether or not I want to be there – the client drives a lot of that.
Thomas Wels: It is driven by the request for proposal (RFP) and we just say, okay, either we want to be in or we want to be out.
Geoff Pullen: As mentioned, each client's requirements are different and their interpretation of middle office might also differ. The challenge for an administrator is in being as flexible as possible, while remaining within the confines and boundaries of a global operating model. That means you can benefit from economies of scale. You have to take each manager on their own merit when you are working with them.
Christopher Mulhern: When you get back to the client side and the client demands, it helps to respect that, in the 1980s and 1990s, many of the strategies were a lot more simplistic, more seamless, more long/short equity with more difficult trading strategies and instruments being used as support instruments in hedging. Today – and in the last decade or so – these difficult instruments have become the strategies themselves. That has forced an increase in infrastructure and operational personnel at the hedge fund manager level. A lot of these hedge fund managers are located in high-cost centres such as New York or London, and it really takes a large bite out of their management fee to support this stuff. Again, this makes them look at the outsourcing model.
Sharmila Soosaipillai: Bringing about the question of expertise within the administrator to be able to deal with the complex instruments that are being traded by the manager.
Christopher Mulhern: In the 1990s, 80%–90% of staff being hired had designated accountant-type backgrounds. Today, a significant proportion of our staff comes from finance backgrounds, applied mathematics, financial engineering, chartered financial analysts, etc., that need to be there in order for us, as an administrator, to be properly equipped.
Geoff Pullen: We've talked to managers whose entire middle office is outsourced, but they also have an entire additional shadow function running in parallel. In that case, why outsource in the first place? If they don't have confidence in their middle-office provider and they don't feel that the technology and processes are there, why outsource? I think some managers may have lost some trust with lesser providers and ended up just replicating what they had aimed to outsource.
Sharmila Soosaipillai: It comes down to the ultimate responsibility lying with the manager. By outsourcing either to the administrator or some other provider of middle-office services, the managers are giving comfort to investors that there is independent oversight on the day-to-day activity, not just from a reconciliation perspective but also from the trade activity perspective.
Paul Stillabower: In the middle office space we have customers telling us that one of the things they like about HSBC – and obviously there has to be a Chinese wall – is that our global banking and markets business has a product control function that we can leverage. The function has 500 people that are intraday valuing the P&L of the instruments that HSBC trades. It's more powerful than hiring a bunch of administrators to cross-check price sources. They are interested in HSBC putting together a package of services where we can use the intellectual capital of our product control function – for example, when there is a stale price or when we have to build a price from the bottom up. This is where we have deeper skills and that is one of the things that has trended out of the evolution of middle-office services.
Thomas Wels: Securities pricing is an interesting aspect because size and diversification of the asset manager or the group actually play a role. The bigger you are, the more data points you probably have access to for running your day-to-day business internally. Then offering these services to third parties just gives you additional leverage.
Sharmila Soosaipillai: From an investor perspective, the concern would be if you have the same group of entities that is providing prime brokerage services as well as valuation services and administration services because, ultimately, it's all coming out of the same group, probably the same data source. The independence comes into question. Ideally, what we want is as little affiliation as possible between the various service providers to the fund.
Thomas Wels: I would look at it slightly differently. If you do the due diligence on our organisation, you would certainly figure out that we have multiple price sources. In fact, they are different price sources. We have independent valuation committees in different business divisions. It's the same organisation but there are oversight functions and we can actually give our clients the choice of which price they pick, based on the independent advice.
HEDGE FUNDS REVIEW: Is 'too big to fail' a problem for administrators? What impact would failure of the related investment bank have on the investor, the management company?
Sharmila Soosaipillai: Certainly we would have concerns. While it may be a scenario where all entities in the group may not be affected, if something is happening within a group, there is going to be an element of uncertainty. People are going to be unfocused in terms of trying to get day-to-day work done because they are unsure as to whether their own business is going to survive. That could potentially lead to delays from the administrator's side, for example, in the NAV being disseminated, or there could be mistakes made because people are not focused on what they are doing.
When we are looking at administrative functions, it's not as easy to switch from one administrator to another compared to prime brokers. You can have back-up prime brokers in place in the event something goes wrong from a counterparty risk perspective. As for the administrator, you either have the existing administrator or if a change is required you have to go through a process of running parallel to make sure all historical and current information have a smooth transition to the new administrator.
Christopher Mulhern: At Butterfield Fulcrum Fund Services, we are truly independent. The only service we provide is fund administration. I think the argument about counterparty risk and Chinese walls is valid, but I also believe the focus of an independent administrator is to be good at that. There is something to be said for that as, in a big bank environment, for example, where it is just part of the overall offering and it's not core from the P&L point of view. How much of tangible reinvestment does it get?
Paul Stillabower: Unquestionably, when we talk to the chief executive officers of our customers, they would much rather not talk about securities services because that means there's a problem, such as what happened after Lehman. When it's all working perfectly, they never have to worry about the back office. In that respect, we are quite confident in the universal bank model. We can, for example, do more trading and more financing with our customers' assets self-collateralising, therefore helping to lower risk, both for them and for HSBC. And this is attractive to customers given our balance sheet and our standing in the market as a counterparty. There will probably always be space for someone who is an independent specialist who focuses 100% on this business, but the value proposition is different in a universal bank.
Geoff Pullen: From an administration perspective, managers are looking across their counterparts. Some managers consider their fund administrator to be another counterpart and prefer to work with a large banking group. In terms of asset protection, custody versus prime brokerage, managers are taking the view that they are willing to work with a large universal bank. They think there may be less risk, but they are moving assets into a custody account, not because of counterparty security, but the speed with which they can retrieve their assets should anything happen. They are moving out of a prime brokerage world into a global custody world where it is very vanilla, very clear about where those assets sit and who they belong to. I think there are a number of dynamics here. Some managers take the view they would rather be working with a global banking group and feel they get more security from that, while others may prefer to work with an independent group.
Thomas Wels: We should also talk about what type of risks the administrator takes on board. Independence and financial viability in the long run might sometimes not fit. So the advantage of being part of a large group and the size of the balance sheet are very important because, if you strike an NAV wrongly, who will pay for this?
HEDGE FUNDS REVIEW: Are any of you worried about regulation of administrators or the custodian? Is that a risk you are pricing in or concerned about?
Paul Stillabower: Not yet. I think it has to be clear what the rules are. That is still to be determined. It's not just the Alternative Investment Fund Managers (AIFM) directive. It's Solvency II, Basel III, Ucits IV and V, the US Foreign Account Tax Compliance Act (Fatca), it's all of these things. So how they will impact is still unclear. In theory, this is all going to end up on the investor because, if you are changing the capital structure of the securities services business, then some providers won't be able to stay in the business, because they don't have capital. And some firms might choose to get out of the business because they decide to allocate capital to more efficient businesses using that capital. None of the regulations are meant to stop people from investing in the markets, but that could be an unintended consequence. If you are used to putting $1 in the market and getting $1.50 out – as was the case in the bull market –and now you're putting in $1 and there is a 10-cent charge on top of that, it becomes a really unattractive model.
Thomas Wels: And it is very likely to be more than 10 cents. If I look into the recent developments, just due to taxation changes in each and every European Union country, due to additional oversight – from Ucits, Fatca or whatever – the consequence is that this is not for free. This bites into the investment performance of the investors, who at the same time are confronted with lower returns. Sometimes, in the more commoditised type of businesses, the viability of the asset management part of the structure disappears.
Christopher Mulhern: We have enjoyed a 20-year run of very positive returns in the space. If you start taking that out, the risk of the alternative space itself and the instruments being dealt with become less attractive.
Paul Stillabower: I think what will happen over time – not tomorrow and not in six months – is that managers will be forced to take more risks to try and outperform to cover the costs of regulation. That actually defeats the purpose of the regulation in the first place.
Geoff Pullen: You may find that, because of the AIFM directive, fewer shops are willing to become a depositary. This could concentrate the market and you will have a counterparty exposure problem again. I think regulation can go too far. It can depress the market from an investment perspective and also for service providers that are willing to take on liabilities or that extra cost.
HEDGE FUNDS REVIEW: Are we also going to start to see a move away from a fee structure based on assets under administration to something different?
Christopher Mulhern: We all enjoyed the reward component of the risk-reward side of asset-based fees. Over 15 years of being up 15% a year, we always knew the fees were going up on our side. Then we see the financial crisis and what that could do. To a large extent, you need to consider de-risking at least part of your revenue side through fixed fees, time-based fees, things like that. It needs to be considered.
Thomas Wels: As long as the markets went up, we as fund administrators loved the model. Firms were actually adequately compensated for the work they did and adequately compensated for the risks they took. This clearly changed, and renegotiating today with the asset manager is hard because they are under pressure as well.
Sharmila Soosaipillai: Part of it could be that, because of the changing regulation, you have to introduce greater infrastructure that may be from the technology perspective or you need to take on more staff to deal with it. A lot of it could be initial costs incurred that, over time, you would be able to recoup. So when considering whether there is going to be a pass-on of costs to the fund, we need to take a step back. Over the years, administrators have had the benefit of AUM growth. Maybe now is the time to give some of that back to build the necessary infrastructure and, in the future, administrators can hopefully start benefiting again from AUM growth once the dust settles from regulation.
Thomas Wels: It's just the cost of doing business. The fund service provider has to pick up the investments and hopefully, over time, we can price it in. The situation though is that the assets dropped in the hedge fund space by 15%, the equity market never really recovered and, at the same time, fund services providers are under permanent scrutiny by the asset managers.
Geoff Pullen: We are always discussing price with managers. A part of our function and responsibility is to continue to invest in our infrastructure to make it more scalable, industrialized and free of as many manual processes as possible to ensure full straight-through processing (STP) platform to drive down costs. I think managers appreciate that, and they don't want us to under-price. I think they realise that we continue, as most administrators do, to drive the growth of the infrastructure and invest in it.
Paul Stillabower: This is a highly competitive industry. There are always providers willing to lead on price. As much as managers mention service, they will often take the lowest price. If you look at what has happened to securities services post the credit crisis, it has been a blood bath. It's not just the sideways-moving stock market – securities lending, in particular cash collateral in the US model, was a disaster. Leverage has shrunk in the market. There is less foreign exchange activity even though the volatility is there. Interest rates are down at zero. This has been an assault on all fronts. I'm convinced that, as long as we are in sideways-moving or falling or very slow-growth stock markets, this is a business that is going to struggle, in particular with the cost of regulation, unless the pricing model starts to change.
HEDGE FUNDS REVIEW: What role can fund administrators take to help the smaller, new managers?
Paul Stillabower: We are seeing a polarisation where the large managers are brand-attractive so they do very well because investors like the big brands in a crisis, whereas the small ones are nimble and generate many new ideas. They have investors backing them, so they launch with funding and do OK. I think the middle ground is a trickier space where managers try to be all things to all people, but are not big enough or nimble enough. For us, there is a fixed cost for fund administration. So, if a small manager is launching with $10 million, it is very likely that our fixed cost will be prohibitive to that manager. That is, we will do it, but it may be cost prohibitive for the manager to cover our fixed costs.
Geoff Pullen: You judge every manager by his or her credentials. It is possible to be more creative on the pricing for a good manager but you have to take a bit of a leap of faith. We have a fixed cost. We have to overcome that and have the flexibility with our internal pricing structures to allow us to do business with the right managers.
I feel that is turning around a bit at the moment. Investors still want to invest with the large managers, but there are still some capacity constraints that are creeping into the industry. The larger managers are now trying to market their smaller products, the less well-known brand names. Some of the start-ups that are coming to market now are seeing more benefit from investors looking for quality.
Thomas Wels: We have seen lots of new players. We don't know who is going to be the winner or the loser, so we are trying to on-board as many smaller funds in parallel and hopefully one of them is the next 'big boy on the block'. The money flow is significantly lower because the due diligence is tougher. The new hedge funds have to develop a track record first.
Sharmila Soosaipillai: What we find challenging at the moment is when you are looking at managers that are trying to start up, they have a small AUM, and when they are looking to give the administration business to a larger, more well-recognised administrator, the cost benefit is not quite there from the administrator's perspective. These managers struggle to take on a recognised name.
As an institutional investor, we want them to go with reputable, recognised service providers – be it prime brokers or custodians or administrators – but what ends up happening is the managers may need to start off with a lesser known administrator in order to match the fees to the AUM and grow with that administrator. As the AUM grows, they gather a critical mass that would attract the attention of the better-recognised administrators.
HEDGE FUNDS REVIEW: Is it easy for a fund that outgrows a fund administrator to move?
Christopher Mulhern: It's never easy to change fund administrator, especially from the perspective of the investor: What does it mean to the investor when a fund switches administrator? Is there a problem with the current administrator? That's the first problem.
From the technical side, the actual shifting of books and records, parallel runs in conversion of data, and becoming comfortable with new reporting systems and people are very difficult concepts.
Sharmila Soosaipillai: If it happens more than once, it would be of concern. From an investor perspective, what is key is communication between the manager and investors. If the manager comes to us and says, 'look, we started off with this administrator but now we've grown in AUM and we would like to change to a larger administrator', or perhaps they are more focused on a specific strategy where another administrator has greater expertise, then that open dialogue will give us comfort. We understand what is driving the change, we are comfortable with it and we will continue to be updated on the progress of parallel runs. We would also like to speak to the outgoing administrator to understand whether what we've been told is what is driving the change. That is quite important – that we can verify independently what we're being told by the manager.
Geoff Pullen: Obviously any change of service provider can be tricky. We have a team of project managers that effectively take the whole project on because we enjoy taking on business from our competitors. I think we make it as easy as possible for the manager to do that. Clearly, investor communications is very important. If the manager is looking for a more institutional feel for its fund administrator, I think that is a valid reason to change.
Thomas Wels: I can imagine one other reason to change administrator: you change the strategy from multiple sourcing to dual sourcing. For example, do we really want to have five custodian banks and administrators in some countries, or do we want to come to work with one globally active and one or two strong local names? I think we initiate some of this consolidation in the traditional space. What we also see in the hedge fund of fund space is the larger FoHFs consolidating their providers. Because, historically, you built a portfolio of providers that is not sustainable, you end up with an oversight organisation, which is too expensive.
Sharmila Soosaipillai: I have seen larger managers that deliberately use more than one administrator – or at least two – so that, if there should be any issue with an administrator similar to counterparty risk, they know they've already got the process in place to be able to switch seamlessly to the other administrator.
HEDGE FUNDS REVIEW: How has the due-diligence process changed? How important is it for really deep due diligence on the fund administrator?
Geoff Pullen: As with most administrators, we are obliged to ensure that we have industrialised infrastructure – technology, process, SAS 70, the whole shooting match. It is a long process but we don't have any problem bringing investors into our office because we're more than happy to show the inner workings of our organisation.
Christopher Mulhern: It has a real positive effect, getting the investor and the manager in to take a look at what's going on day to day with the individuals. It has opened up what we do because there was some kind of a shroud over what was going on at the fund administrator historically.
Thomas Wels: I think the whole industry is changing in this respect. Even in the institutional space we have to open up our traditional middle office because clients want to understand how, for example, investment guideline monitoring works. Does STP really exist or is it just a nice phrase? They sit in our offices for some time to figure out how the processes actually work.
Geoff Pullen: It's not just investors – it's also bringing managers in. Maybe a few years ago it would be an hour-long visit; now it's half a day. To sit a fund accountant in front of a manager and have him explain his process and show him what we can do is a really positive experience. They also get to meet the guys with whom they will be working.
Sharmila Soosaipillai: I agree it is cascading down because, when we speak to managers, they are going in and kicking the tyres. Some of them are doing that on a quarterly basis, others on an annual basis. The larger funds actually have weekly dialogues with the administrators. They go through the agreed upon key performance indicators.
Being from a FoHF that invests in underlying funds, we also reach out to administrators. We will be looking at the whole range of administrators rather than specific ones because we could come across them at the next fund we're looking at. It is helpful that the doors are opening and we can get in there and carry out due diligence because a better understanding of what the administrators do gives us, as investors, greater comfort over the processes. Ultimately, what is important to investors, especially from an operational due-diligence perspective, is the safeguarding of the assets and the value of the assets that are being safeguarded. These are two key elements that an administrator plays a fairly large role in.
Paul Stillabower: I would love to see more of an industry-like standardisation of this part of the process. The problem is: how long is a piece of string? Investors are worried about some things, for example, Greece is in the news so investors want to know everything about Greece; how the sub-custody works and what happens if this or that event occurs. It becomes very difficult if every investor comes from a different direction. If the administrators, the managers and the investors sat down and agreed on a process – "this" defines acceptable due diligence – I think that would make a huge amount of difference to the industry. It would also be less risky because the industry would be held to reasonable standards. One couldn't say, in hindsight, to an investor or manager, 'you should have been doing this'. Your accord would say this is a reasonable person's standard.
Thomas Wels: Full standardisation of RFPs would mean there is no need for competition. So, I'm not so sure whether standardised RFPs really help us to tailor the solutions to the clients. From the regulatory perspective, I might agree.
Paul Stillabower: Let's not even get started on RFPs – a 500-question RFP gets issued when, really, the manager has only three or four key questions they want to ask. I was with one of the other banks recently, discussing this issue and, to go through one of these RFPs and resulting process, you are burning three, four, five million dollars, and in the end the process ends up being a pricing exercise. Other than the consultants being happy, I'm not sure who ends up winning.
HEDGE FUNDS REVIEW: Would you be happy to see standardised due diligence?
Sharmila Soosaipillai: I would probably say an approach of best practices would be more workable. That way there is guidance, something everyone is aware of and there is an open forum in which issues important to the various participants in the industry can be discussed and accepted as best practices.
Paul Stillabower: What worries me on the current approach – and why I suggested the standardisation – is when the questions don't stop and they venture into areas that we shouldn't be disclosing, for example who are the three largest investors in that fund. What I worry about is that, in an industry where some providers have one client that represents 60% or more of their AUM, they might answer loads of questions that another organisation wouldn't. I think it would suit everyone, and it would be less risky, if we had more of a best-practice model.
HEDGE FUNDS REVIEW: How has technology changed fund administration and the processing of information?
Thomas Wels: Technology allows daily NAVs. Perhaps the asset managers don't require daily NAVs, but there is a clear trend towards this. If you talk about Brazilian hedge fund managers, they have been on daily NAVs for the last 10 years.
You may have highly automated interfaces between asset manager and administrators and then a new shop starts and the organisation sends around faxes. You have to start with that from scratch, integrating the information. I think, technology-wise, most players in the industry work with similar platforms, similar technologies and similar standards because this is expected. It is expected from the larger players and by the regulator. It is the permanent change and innovation of products that stretches us.
Christopher Mulhern: The industry has evolved, it is more and more complex and we are always chasing the technology.
Geoff Pullen: But nothing will ever replace the personal interaction between the administrator and manager.
View the forum proceedings in PDF format
Sponsor content


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ONLY 1 SPACE LEFT! This can be either a solo rider or a couple but only one bike is available. The bikes are a R1200GS or a F650GS Dakar. Sign-up TODAY!
Whose coming with us?! The dates are booked, March 2-14, 2015. Bob invites you to join him and MotoDiscovery on a 12-day motorcycle adventure through Cuba, an exclusive opportunity to explore a country rarely visited by outsiders…at least not legally. The tour will be led by Christopher Baker, a Cuba travel expert and award-winning author. This tour is more than your typical motorcycle adventure, this is an opportunity to travel back in time and experience the culture through people-to-people interaction with locals. You will ride through the Cuban countryside, stopping along the way to meet natives and make friends, and learn about Cuban history.
Bob's BMW: People to People Cuba 2015
March 2-14, 2015
Cuba is a country that has long been off limits to visitors from the USA. Even after a half century of embargos, political saber rattling and intense debate, Cuba–a mere 90 miles from our shores—is as controversial as ever. But we choose to push politics aside and now MotoDiscovery is able to provide legal travel to Cuba for the U.S. motorcycle touring enthusiast.What makes this possible? You must be licensed by the US government or have access to a license that permits travel to Cuba. The licensed program must involve a full schedule of educational based activities that promote meaningful interaction with the people of Cuba as mandated by US Treasury Department and Office of Foreign Assets Control (OFAC).
For MotoDiscovery, "people to people" (P2P) is nothing new. Wherever we ride in the world, we regard these encounters as fundamental to the travel experience. And in this country, where in so many respects the clock stopped in 1959, making friends is easy, made even easier because we will be traveling by motorcycle.
This itinerary has been designed exclusively for Bob's BMW and friends and is unlike anything on the MotoDiscovery program. Cuba is on the brink of change. As we all know, windows of opportunity have been known to close when it comes to Cuba. But today we can ride Cuba thanks to MotoDiscovery, which received an OFAC "people-to-people license" in 2012. Cuba is on the cusp of major change, and there is no better time to experience it than now.
Suggested Date: March 2 – 14, 2015
Day 5. Trinidad – Ride to Trinidad, stopping en route at (P2P) the Botanical gardens for a guided walk; and the adjoining Pepito Tey former sugar processing community (P2P) for a fascinating exchange with historian Nancy Robaina about this American founded empire. On arriving Trinidad—the most authentic and complete Spanish Colonial town in the country—enjoy lunch. Then walk the colonial city accompanied by city historian (P2P) Nancy Benitez, including a visit with artist Lazaro Neiba (P2P) to learn about artistic creativity, expression, and training. Dinner at La Guitarra, where we're joined by a Cuban guest (P2P). You'll be encouraged to walk the cobblestone streets, follow the sounds to witness and participate in the passion of Cuban dance. This town is probably, well deserving of two nights. NOTE: Accommodations in Trinidad will be in casa particulares (P2P) home stays.
Day 4. Cienfuegos – Depart Havana via the Autopista, lightly traveled main highway running the length of the island. In route we'll stop near Matanzas at Australia to engage with engineers who maintain (P2P) a still functional steam train that serviced the former sugar mill. From here we make our way to (P2P the Guama crocodile breeding center to learn about ecology and conservation. Then ride along the coast to Playa Giron, (P2P), sight of the Bay of Pigs invasion, to visit the museum dedicated to the battle. Continue to Cienfuego. Dinner at El Lagarto then (P2P) enjoy a welcome reception and exchange with community members at a neighborhood Committee for the Defense of the Revolution (CDR).
• Airfare or transportation to start of tour in Miami
• Emergency medical evacuation insurance
• Alcoholic beverages
• Tips for staff or special services
PRICES: (double occupancy)
Rider renting F700 or F800GS BMW….8,975 USD
Passenger or participant in support vehicle….6,789 USD
Single occupancy supplement (anyone in a single room)….940 USD
TERMS, CONDITIONS, etc.
• Reservations with deposits for the required minimum of 10 fully paid persons should be received by no later than 60 days prior to the tour date.
• Additional people may be added after this time based on ability to obtain visas and other circumstances.
• All participants must have a current passport with six month validity.
• A 1,500 Euro security/damage deposit is required when renting a motorcycle.
Participants will be advised on the regulations related to travel for US citizens and will be obligated to comply with OFAC rules concerning mandatory participation in scheduled people to people (P2P) activities.
Participants are required to sign statements of this understanding.
What do you think? Sounds pretty amazing right?! If you are seriously interested in joining us, email firstname.lastname@example.com for further discussion.
MotoDiscovery serves in the capacity of "advertiser" of Cuba travel, legally permitted as stated in USA Office of Foreign Assets Control Guidelines. Any travel to Cuba promoted by MotoDiscovery will be authorized and legal for USA citizens under the license held by Antilles TravelLLC. No. CT-2013-299634-1.


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Your teen's good health depends on so many things: Avoiding peer pressure to drink alcohol and smoke cigarettes, getting enough sleep, exercising and eating nutritious foods. You can teach your teen many of these behaviors by being a healthy role model yourself. By being straightforward and by encouraging open communication, you can help keep your teen healthy. Be sure to check out the many resources available to parents to learn more about teen health. Consider these tips for helping your teen establish a healthy lifestyle:
Sources: American Medical Association, The Nemours Foundation and the Consumer Healthcare Products Association
The Nemours Foundation
Web site presents health information and resources for children, teens and parents.
Advocates for Youth
2000 M Street NW, Suite 750
Washington, DC 20036
Offers range of information for teens, parents and educators on adolescent reproductive health issues.
Presented by the National Women's Health Resource Center, Inc.
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All content © Copyright 2000 - 2018 KXLT. All Rights Reserved. For more information on this site, please read our Privacy Policy, Terms of Service, and Ad Choices.


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We couldn't be happier to have spent the last two years in our "new" Champagne Studios. This March will mark the two-year anniversary of our move-in to our super fab Third Ward loft studio, with unbelievable views of Milwaukee and Lake Michigan. It keeps us inspired every day.
Despite the visual inspiration to create our art, I have never considered myself much of a writer, or a reader for that matter. In our future posts, you will see that while we are of few words, we will be sharing the images and art that are not only what we create, but the things in life we see that inspire us.
The naming of our company arose from celebration. Classy, sophisticated, social celebration. There are so many things in this life worth celebrating. What we do here is take those moments and turn them into art for you to cherish, reflect upon, and to share for generations. When you select Champagne Studios to help you make those celebrations just a little more special, we will gladly welcome you into our little family, and toast.....to you!
Recent PostsVisit our NEW blog! Messmer Catholic Schools Reunion Weekend 2012 | Marketing & Design Champagne Studios "Be Green" | Marketing and Design Messmer Catholic Schools Open House 2012 | Marketing & Design Janelle & Edgar's Wedding | Milwaukee Wedding Photographer Alicia & Aaron's Wedding | Milwaukee Wedding Photographer Mary & Mike's Wedding | Milwaukee Wedding Photographer Amanda & Adam's Wedding| Milwaukee Wedding Photographer Megan Class of 2013 | Milwaukee Portrait Photographer Baby Donley | Milwaukee Portrait Photographer
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Janelle & Edgar's Wedding | Milwaukee Wedding Photographer
October 05, 2012 • Leave a Comment
Photography by Riitta Kulinski of Champagne Studios
Keywords: milwaukee, photography, wedding
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About Afilias
Afilias is the world's second largest Internet domain name registry, with more than 20 million names under management. Afilias powers a wide variety of top-level domains, and will soon support hundreds of new TLDs (top level domains) now preparing for launch, including TLDs for cities, brands, communities and generic terms. Afilias' specialized technology makes Internet addresses more accessible and useful through a wide range of applications, including Internet domain registry services, Managed DNS and Mobile & Web services like goMobi® and DeviceAtlas®.
Afilias Domains
Afilias is the ICANN Designated Registry Operator for a wide range of gTLDs, including the following:
.INFO, .MOBI, .PRO, .PINK, .BLUE, .BLACK, .RED, .KIM, .SHIKSHA, .ORGANIC, .dotCHINESEMobile, .LGBT, .VOTE, .VOTO, .GREEN .POKER, .PROMO
Each TLD is targeted to a specific audience and is designed to fill a niche in the market. Registration in these domains is available at a wide range of registrars. To learn more about a particular TLD, click on the logos above to visit the site for that TLD).
Afilias Registry Services
Afilias is a global leader in advanced registry services that power successful domains. Afilias began operations in July 2001 with the launch of .INFO -- the most successful new TLD ever launched. Today, Afilias supports a wide range of TLDs under contract to various Registry Operators, including:
Established gTLDs
Afilias supports nearly 12M names for established gTLD operators, and has a long track record of enabling these operators to meet their ICANN technical requirements. We proudly support this wide range of gTLDs, some of which have specialized eligibility requirements.
Established ccTLDs
.AG (Antigua and Barbuda), .BZ (Belize), .GI (Gibraltar), .IN (India), .LC (St. Lucia), .ME (Montenegro), .MN (Mongolia), .SC (the Seychelles), and .VC (St. Vincent and the Grenadines).
Afilias supports nearly 4M names under contract to the domain authorities for 9 ccTLDs. Each has its own policies and other features, and Afilias provides the same stable, secure, and efficient service to these TLDs as it does for larger gTLDs. For ccTLDs looking for an efficient world class platform from which to grow, Afilias is the #1 choice.
New gTLDs
.HIV, .GLOBAL, .VEGAS, .ONL, .RICH, .dotCHINESEOnline, .dotCHINESEWebsite, .LTDA
Afilias is the number one choice for new gTLD Registry Operators because it has more experience than anyone else in supporting the applications and launches of TLDs on behalf of others. Further, Afilias provides not only turnkey technical services, it also offers value-added services designed to make it easier and less costly for new operators to navigate the ICANN ecosystem and get their new TLD to market. Afilias supports all types of new TLDs, including dotBrands, dotCities, dotCommunities as well as dotGenerics. For more information about our new TLD services, visit our New TLD Services page.
Afilias Managed DNS Services
Afilias' DNS system provides for the resolution for billions of queries for over 20M domain names today on a globally diverse and secure platform. Our system ensures security through diversity. Afilias' technology ensures 100% up-time and is among the most reliable and stable services available for domain names. Afilias' systems operate on a global, multi-layered, diverse infrastructure which provides security against even the most malicious attacks. With the launch of Afilias' Managed DNS Services, our world-class network is now available to the public to ensure the resiliency and security of your Web presence. Afilias also provides primary and secondary DNS resolution servicesfor gTLD and ccTLD registries.
Afilias Mobile & Web Services
Afilias' mobile and Web technology division is focused on helping our customers harness the complexity of the Web to provide a competitive advantage in today's multi-screen world. Award-winning products including the DeviceAtlas® device intelligence solution and the goMobi® web publishing platform help thousands of companies across the globe reach and engage their audiences, no matter what the device, content, or context. Our vision is to turn the diversity of the web into a strategic opportunity, rather than a technological challenge.
Organizational Structure
Afilias plc is a Public Limited company with international headquarters in Dublin, Ireland. Afilias maintains sales offices in London, England and Vancouver, Canada. Afilias also maintains a number of global wholly owned subsidiaries including: Afilias Canada Corp. which houses its operational and technical facilities in Toronto, Ontario; Afilias USA Inc. which maintains administrative and operational offices in the U.S. near Philadelphia, PA; and Afilias India Pvt. Ltd which houses operational offices in New Delhi, India.


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Chirinos' leads Rangers over Astros 1-0 in 12 inns
Chirinos' leads Rangers over Astros 1-0 in 12 inns
Apr. 12, 2014
ARLINGTON, Texas (AP) — There's a pattern when Yu Darvish pitches against the Astros in Houston.
Darvish took a perfect-game bid into the sixth inning, and the Texas Rangers finally finished off the Astros 1-0 on Robinson Chirinos' RBI single in the 12th inning Friday night.
Darvish retired his first 15 batters before Matt Dominguez singled softly to center, one pitch after Alex Rios nearly caught Dominguez's foul into the right-field corner before running into the padded wall as the ball landed.
Darvish came within one out of a perfect game in Houston on April 2 last year, when Marvin Gonzalez grounded a single between the pitcher's legs. He held the Astros hitless in Houston last Aug. 12 before Carlos Corporan's one-out homer in the eighth.
"It's sheer luck," Darvish said through an interpreter. "But if I could pitch like this in every game, it would be very nice."
Darvish allowed just the one hit and one walk in eight innings with nine strikeouts. He fanned five consecutive batters in the third and fourth innings all swinging. Darvish said he didn't realize he was pitching a no-hitter.
"I was only focused on not giving up runs, so it really didn't matter to me," he said.
Darvish pitched despite bleeding from the knuckle of his right thumb in the middle innings. He said that happened to him multiple times when he pitched in Japan and has never affected his control.
"When he left the game," Astros manager Bo Porter said, "we just thought, 'Let's take our shot at somebody else.'"
But the Texas' bullpen limited Houston one more hit and two walks, completing a two-hitter.
Darvish hasn't allowed a run in 15 innings through two starts. Rangers manager Ron Washington said he sees a crisper Darvish than the one who led the major leagues in strikeouts last season.
"In a way, he's just saying he can do anything that he wants to do with that baseball," Washington said.
Former President George W. Bush — a former Rangers' owner — watched with Hall of Fame pitcher Nolan Ryan, who quit as Texas' controlling owner last October and became executive adviser of the Astros.
Texas was 0 for 14 with runners in scoring position and had stranded 15 runners before Chirinos' hit off Brad Peacock (0-1). The Rangers loaded the bases with no outs in ther 10th.
"I don't get frustrated," Texas manager Ron Washington said. "When you get frustrated, you're blind to what's going on."
Kevin Kouzmanoff singled with one out, advanced on a wild pitch and scored on Chirinos' hit to center, ending the game after 4 hours, 11 minutes. Texas left the field with its third straight walkoff win at home.
Jason Frasor (1-0) worked a hitless inning for the victory.
Astros starter Scott Feldman, pitching two days after his 70-year-old father died, allowed two hits in seven innings.
"I knew without a doubt he would want me to pitch," said Feldman, a former Ranger pitching for the first time as a visitor in Arlington. "I had to go out and keep my emotions in check. I think he was watching. He was a big baseball fan. I knew he would want me to do a good job."
NOTES: Rangers RHP Colby Lewis, who hasn't pitched since July 2012 because of arm and hip injuries, is scheduled to start early next week. ... Astros RHP Matt Albers returned from paternity leave on Friday. His wife, Tara, delivered their first child, Mason James. ... The Rangers returned RHP Seth Rosin to the Philadelphia Phillies, who assigned him to Triple-A Lehigh Valley. Rosin (1-0) was taken by the New York Mets in the winter meeting draft, traded to the Los Angeles Dodgers and traded to Texas on March 26.


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Gossip Girl
Tuesday, December 07, 2010 | Category: Celebs, Decorating, Trends, Walls
I'm on the hunt again for a client and need your help. Does anyone know where the wallpaper in Blaire Waldorf's stairwell is from? Gossip Girl seems to be catching the eye of a lot viewers. Not only am I looking for this paper but I have another client whose 15 year old daughter wants Blaire Waldorf's bedroom! Looks like the Upper East siders are onto something ..of course it helps to have an endless budget.
Where is this wallpaper from???
Blaire's glamorous room
Another view
- Posted By Rebecca-NY
- 3 Comments
- Category: Celebs, Decorating, Trends, Walls
Tags: blaire waldorf, gossip girl, wallpaper


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Together with IKEA creative hub, PJADAD did the conceptualization and art direction for the new IKEA smart lightning gobal launch campaign and the TRÅDLÖS collection. The work contains a number of still lives and images explaining the innovation, the collection and the new product's contribution to life at home. We also made three films, produced by Naive, that bring life to the collection and highlight the importance of smart lighting at home.
Film production: Naive
Photographer: Gustav Almestål
Copywriter: Marcus Dunberg
The PJADAD studio at Blekingegatan 16 is not an ordinary office. It is also home to a fully functioning restaurant kitchen. For the kitchen, PJADAD and the recently graduated design student Ludwig Matsson has developed an architectural structure working as a platform for working, eating and drinking. The structure is based on a basic shape, a cube. A structure that can be extended in order to add new ambitions or functions. The questions surrounding the project has revolved around the choice of either standing firm as a concept or letting aesthetic formulas rule the process, leading to a continuous dialogue during the construction.
Matklubb is a concept inviting twelve people to twelve very different dinner experiences. Matklubb was created by PJADAD and the art producers Bohm Bohm Room. Instead of being just another concept restaurant or food club, Matklubb is all about creating something new and unexpected. To question why we eat and what a dinner experience really should be like. It is about merging the knowledge of chefs with other influences and competences. Each experience is the result of as a collaboration between a chef and an artist. Together they plan the menu, cook and curate the evening. Since early spring 2016, we have seen dancers, fashion designers and performance artists working together with some of Sweden's best chefs. This has resulted in food presented and percieved in new ways and in very interesting discussions highlighting everything from gender equallity to the future of food.
Art direction by PJADAD for ads in the 2017 IKEA catalogue. The purpose of the ads was to highlight one single product on an entire catalogue page. To stand out conceptually as well as aesthetically from the rest of the publication and also work as an ad in itself. We also wanted to add some drama and humor to the catalogue.
PJADAD was part of a team that cooperated to develop IKEA's annual press day "Democratic Design Day", a day for the company to present new designs, directions, and ideas for the future. PJADAD's task was above all to build an identity and a space where the content would come together. The structure was designed to make the content clear, and giving it its proper place in a larger context.
We developed a new identity for the tech company Iterocon. A company that produce technology and electronic connectors for the industrial sector and that needed a new identity in phase with their strong focus on the actual products and all the smart solutions they allow.
Strange Beast is a British agency, which represents PJADAD internationally. We work with Strange Beast because of their sustainable visions of creativity, and because of the way they bring together the most exceptional creative minds, and constantly question and investigate the way for creative agencies to work in the future. During the spring of 2015 we have been at work creating Strange Beast's new identity and website, the concept of which is intended to project the principle of curating, to be symbolized by a new version of the c/o abbreviation.
PJADAD was part of a team that was entrusted with developing #IKEAtemporary, a transient exhibition, shop, and food studio in Milan. Our job was to create a concept for a plan that encompassed all the various elements of the event, and to be responsible for the creative direction of communication, content, and programming.
PJADAD were creative directors for an event that was part of programming content for #IKEAtemporary. Martin Bergström launched a collection, Svärtan, and Katie Eary another one, Giltlig for IKEA. Together with Noc who produced the event we launched the two new collections through a fashion show – a show that ended the Milano Fashion Week highlighting the contemporary collections on site as well as being broadcasted live online. Chamdin & Stöhr produced the film.
Film by Chamdin & Stöhr
Atelier Food was, at the same time a discussion platform, a laboratory for innovation, and a lunch restaurant in the centre of Stockholm. Atelier Food saw the kitchen as the new university, a meeting point where chefs, artists, architects, among other, could come together to investigate and take on the challenges of our society with food as the common ground. We created a dynamic identity that could easily be adapted and envelop different aspects of the process, make it comprehensible, and communicate the results.
Atelier Foods identity is different tools that support the process. Atelier Food is all about crosspollination of influences. The still life was a co-operation between an AD, a chef and a photographer. It was an invitation to a workshop on urban development but also an invitation to the actual concept – an illustration of how it works and an invitation to participate in the ongoing process.


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Doctrine MongoDB ODM's documentation!¶
The Doctrine MongoDB ODM documentation is comprised of tutorials, a reference section and cookbook articles that explain different parts of the Object Document mapper.
Getting Help¶
If this documentation is not helping to answer questions you have about Doctrine MongoDB ODM don't panic. You can get help from different sources:
- Gitter chat room #doctrine/mongodb-odm
- On Stack Overflow
- The Doctrine Mailing List
- Report a bug on GitHub.
Getting Started¶
Mapping Objects onto a Database¶
- Basic Reference: Objects and Fields | References | Bi-Directional References | Complex References | Indexes | Inheritance
- Embedded Data: Embedded | Trees
- GridFS: Storing Files in GridFS
- Mapping Driver References: XML | YAML | Docblock Annotations | Metadata Drivers
Working with Objects¶
- Basic Reference: Documents | Repositories | Events | Migrations
- Query Reference: Query Builder API | Aggregation Pipeline queries | Geo Spatial Queries | Slave Okay Queries | Find and Update | Filters | Priming References | Eager Cursors | Map Reduce
Advanced Topics¶
- Collections: Capped Collections | Storage Strategies | Custom Collections | Sharded setups
- Transactions and Concurrency: Transactions and Concurrency
- Best Practices: Best Practices
- Performance: Change Tracking Policies
- Logging: Logging
- Examples: Soft Delete | Simple Search Engine
- Tricks: Blending ORM and MongoDB ODM | Mapping classes to ORM and ODM
- Implementation: Array Access | Notify ChangeTracking Example | Using Wakeup Or Clone | Validation | Simple Search Engine | Keeping Your Modules Independent


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The NNTP forums from Sybase - forums.sybase.com - are now closed.
All new questions should be directed to the appropriate forum at the SAP Community Network (SCN).
Individual products have links to the respective forums on SCN, or you can go to SCN and search for your product in the search box (upper right corner) to find your specific developer center.
General Discussion (archived, no longer in use)ianywhere.public.mobileoffice.general
113 questions and
203 responses
(316 total posts)
Last article posted on 2012-12-03 23:59:59.0Z 2012-12-03 23:59:59.0 316
Mobile Office 5.7 Beta (archived, no longer in use)ianywhere.public.mobileoffice57.beta
54 questions and
108 responses
(162 total posts)
Last article posted on 2010-06-23 16:54:29.0Z 2010-06-23 16:54:29.0 162
Trial Discussion (archived, no longer in use)ianywhere.public.secureemail.trial
242 questions and
480 responses
(722 total posts)
Last article posted on 2013-03-05 14:49:40.0Z 2013-03-05 14:49:40.0 722


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When you aren't using your iPhone to control your TV, your car, and your music system, it seems you'll now be able to use it to fly remote controlled helicopters.
Parrot, the company famed for making Bluetooth headsets and Bluetooth photo frames that cost a lot of money has clearly been allowing the R&D department have too much fun by letting them create and launch the Parrot AR Drone.
The helicopter like device can be controlled via an iPhone/iPod touch app over a standard Wi-Fi network and enables you to shoot down imaginary planes and enemies you see on the screen.
Those feeling the urge to max out will be able to do battle with two helicopters (or quadricopters as they are called).
No word on pricing or availability, but this could just be the ultimate boy's toy to replace those "laser-tag" guns you've no doubt got kicking around gathering dust.


text: French artist Henri Matisse is a giant of modern art. During a career spanning over half a century, Matisse's style evolved from Impressionist paintings, to boldly coloured Fauvist works and eventually to his unique paper cut-outs. Describing his work Matisse said "I don't paint things. I only paint the relation between things."


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A combination of solid and heathered yarns gives this low-level loop pile carpet the look of a natural sisal weave in a construction that is softer and far easier to maintain. Woven of pure New Zealand wool, this beautiful carpet possesses subtle textural variations reminiscent of raw silk and natural linen.
Karastan offers hundreds of styles in carpets and rugs — distinct colors, styles, textures, etc. and every Authorized Karastan Retailer carries slightly different selections of flooring choices. In order to help assure what you see online matches with what you will see in the store, we need to know which store you would prefer to visit. You can always change to another store later.
Forgot your password? Click here
In order for Karastan.com to show exactly the same products online as you can find in your local store. Just click one of the four choices below or choose skip this step and get to the online product galleries. If you change your mind, you can always choose another Store later!
If you choose to skip, Karastan.com will make a best guess as to which store closest to you carries the most flooring options. At any time, you can choose another store nearby as the best option for your flooring needs. Go to "My Karastan" and click "change" to change your Karastan store.
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General Info
Various Registries (Maintained by ARIN)
AS21986 Young & Rubicam
United States
United States
Whois Details
NetHandle: NET-198-0-0-0-0 OrgID: VR-ARIN Parent: NetName: NET198 NetRange: 184.108.40.206 - 22.214.171.124 NetType: RegDate: 1993-05-01 Updated: 2010-06-30 Source: ARIN OrgID: VR-ARIN OrgName: Various Registries (Maintained by ARIN) CanAllocate: Street: PO Box 232290 City: Centreville State/Prov: VA Country: US PostalCode: 20120 Comment: Address space was assigned by the InterNIC regardless of Comment: geographic region. The registrations are now being maintained Comment: by various registries, and the in-addr.arpa delegations are Comment: being maintained by ARIN. RegDate: 1993-05-01 Updated: 2018-01-08 OrgAdminHandle: CKN23-ARIN OrgTechHandle: CKN23-ARIN OrgAbuseHandle: CKN23-ARIN Source: ARIN
IP Addresses in this range
IP address ranges, or netblocks, are groups of related IP addresses. They are usually represented as a base IP address, followed by a slash, and then a netmask which represents how many IP addresses are contained within the netblock. This format is known as CIDR. You'll also sometimes see netblocks given as a start ip address, and an end ip address, or an ip address range.
Traffic works its way around the internet based on the routing table, which contains a list of networks and their associated netblocks.


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Robust, Reliable Enterprise-Class 1 Socket Tower
The PowerEdge T310 is an Intel processor-based 1-socket tower server that provides growing businesses and remote offices enterprise-class performance, advanced systems management options and redundancy.
- Quad-Core Intel® Xeon® 3400 series processor
Dual-core Intel® Core i3 series processor
Dual-core Intel® Celeron® G1101
Dual-core Intel® Pentium® G6950
Operating System
- Microsoft® Windows Server® 2012
Microsoft Windows Server 2012 Essentials
Microsoft Windows® Small Business Server 2011
Microsoft Windows Small Business Server 2008
Microsoft Windows Server 2008 SP2, x86/x64 (x64 includes Hyper-V®)
Microsoft Windows Server 2008 R2 SP1, x64 (includes Hyper-V v2)
Microsoft Windows HPC Server 2008
Novell® SUSE® Linux Enterprise Server
Red Hat® Enterprise Linux®
Virtualization options:
VMware® vSphere® ESX™ and ESXi™
Red Hat Enterprise Virtualization®
- Up to 32GB* (R-DIMM only): Support 6 R-DIMMs or 4 U-DIMMs, 1GB/2GB/4GB/8GB DDR3 800MHz, 1066MHz or 1333MHz
Drive Bays
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Sky Survey for Survival and Science
June 1st, 2009 | by Cheryl Ernst | Published in Cover Story, Features, May 2009, Multimedia | 5 Comments
Editor's note: To mark the International Year of Astronomy, Mālamalama looks at an innovative, international University of Hawaiʻi–led effort to survey the sky.
Somewhere out there lurks a killer asteroid on a collision course with Earth. Perhaps one of 10,000 uncharted near Earth objects orbiting the Sun, its cataclysmic impact could equal that of the asteroid that wiped out the dinosaurs and 95 percent of all other species on Earth.
Now that I have your attention…
Most of the headlines to date about Pan-STARRS have focused on the panoramic 4-telescope project's mission to survey the sky for early detection of any incoming threats.
But to the University of Hawaiʻi at Mānoa scientists and engineers involved in building the unprecedented prototype instrument, Pan-STARRS Telescope #1, or PS1, the real story is the radical new approach to science that the wide-field imaging facility represents.
Indeed Pan-STARRS (the name stands for Panoramic Survey Telescope and Rapid Response System) is an ambitious, even audacious undertaking. Consider—
- It is more powerful for survey work than all existing telescopes combined. Where others focus in on a pinprick in the sky, PS1 will image an area 30–35 times the diameter of the full moon, repeating the task over and over in 30-second intervals to cover the entire sky.
- It uses the world's largest, most sophisticated camera, with built-in ability to compensate for image motion from turbulence in Earth's atmosphere. (In traditional telescopes, the mirrors must be adjusted to compensate for atmospheric disturbances.) And talk about mega-pixels, viewing the 1.4 billion pixel image that Pan-STARRS captures would require a wall of monitors half the size of a basketball court, never mind zooming in on any detail or comparing one night's image with another to identify changes in position or intensity.
- Handling all that data (several terabytes per night) requires the power of a specialized supercomputer hosted at UH's Maui High Performance Computing Center and innovative new software. Picture Lucille Ball on the candy-wrapping assembly line: the computers must create a composite image from numerous charge-coupled device arrays on multiple silicon chips, analyze the image and extract the most important information for archiving, all in about a minute to keep new Pan-STARRS images from piling up. "We can't afford to do this by brute force, so we have to be clever," says Kenneth Chambers, associate astronomer at UH's Institute for Astronomy who serves as director and principal investigator for the PS1 Science Consortium, an international group of academic institutions supporting the initial sky surveys with PS1.
- Pan-STARRS represents a new model in how an astronomic instrument is conceived, built and used. "It is really a home-grown project," observes IfA Director Rolf Kudritzki—shepherded by IfA staff from the initial concept (credit Pan-STARRS Project Principle Investigator Nicholas Kaiser) through development to start of operations. Instead of telescope time allotted to a specific astronomer to obtain particular observations, data fromthe remotely operated Pan-STARRS' nightly sky-wide surveys will go to more than 350 scientists in the consortium and eventually will be available anyone online.
"We're really doing astronomy in a fundamentally different way," says Chambers. "We can do a very, very broad wealth of science all the way across astronomy. We're mapping the universe at the same time we are take a census of what lurks in our own backyard."
The tools of big science typically require national agency sponsorship, but Pan-STARRS wasn't on their horizon when budgets were planned, so UH pulled together an international group of partners. Universities from Edinburgh to Taiwan are part of the PS1 consortium, along with independent research organizations from the Max Planck Society to Las Cumbres Observatory and U.S. astronomy groups from Harvard, Johns Hopkins and Durham Universities.
The consortium is contributing $13 million for operating PS1, the prototype telescope, on the site of the south dome of the 35-year-old LURE (Lunar Ranging Experiment) Observatory near the summit of Haleakalā on Maui. After paying the utility bill for cooling the equipment, including telescope and computers, most of that money goes into salaries, and thus into the local economy, Chambers notes.
There is a sizeable IfA team affiliated with the project. Astronomer John Tonry led the camera design. Jeffrey Morgan is senior supervising engineer. Gene Magnier heads the image processing software; Jim Heasley, the enormous relational database; and Rob Jedicke, the software group that searches for asteroids. Bob Calder is operations manager.
Others include astronomers, software engineers, information technology specialists, telescope operators and observers and support staff.
Three additional telescopes are planned, with PS2 expected to come online at the end of the PS1's first three and half years of operation.
In addition to a census of the inner and outer solar system, PS1 will identify new comets and planets. It will shed light on the properties and objects of nearby solar systems, document the activity of stars and black holes, analyze the structure of the Milky Way galaxy and characterize billions of other galaxies. By looking deeper into space, it will look further back in time to help explain the processes that formed the structure in the universe.
In addition, it may unravel mysteries such as how water got to Earth, determine the nature and role of "dark matter" (seen only by its gravitational impact on other objects) and quantify the magnitude of hypothesized "dark energy."
"And then there's the serendipitous stuff," says Chambers. "We'll make discoveries we're not expecting."
Although not yet fully operational, PS1 has produced some exciting early images and discovered its first confirmed supernova during limited operations.
"The science we can do with it is spectacular," enthuses Kudritzki.
So what about that asteroid threat?
An asteroid large enough to be catastrophic could strike Earth next week or not for another 65 million years, Chambers says. "I don't lose any sleep about it."
Some scientists calculate that the risk of dying from an asteroid strike is about the same as that of dying in a plane crash. Astronomers know of 1,000 potentially hazardous asteroids in orbits that come close to Earth. They also know there are about 10,000 out there whose orbits aren't known.
"We'd like to map those for obvious reasons", he says. "It's like an insurance policy."
Related Institute for Astronomy videos:
Tags: Institute for Astronomy, International Year of Astronomy, UH Manoa


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Perrysburg senior Jeffrey Schorsch lost in the second round and finished 28-2.
JEFF MILLS Enlarge
PLAIN CITY, Ohio — The St. John's Jesuit tennis program has been one of the strongest in Ohio for many years.
The Titans had a state singles champion as recently as 2011 with Evan Bechtel.
Add the tie of family to the program's recent tradition of success.
On Friday, at the state tournament that began at Ohio State and concluded at Elysium Tennis Center in Plain City, the brothers duo of junior Ryan Brown and sophomore Kevin Brown emerged with a pair of three-set victories in Division I doubles.
The Brown brothers will play Cincinnati Sycamore's Dylan Stern and Deepak Indrakanti in a semifinal today.
"I think just feeding off each other's energy made the difference, and just us being brothers," Ryan said.
Added Kevin: "It's a big deal. We're brothers and we stayed aggressive."
Brown and Brown opened state with a 4-6, 6-3, 7-5 win over Dublin Jerome brothers Adam Seitz and Kent Seitz. In the second round, they again rallied for a victory, beating Sycamore's Yuri Karev and Nakul Narendran 5-7, 7-6 (7-5), 6-3.
"They've only played together a few times, but I think it helps that they're brothers," coach Jim Davis said. "I just felt like they kept fighting."
St. John's sophomore Kevin Brown, left, celebrates a point with his brother Ryan in a Division I state doubles match.
TONY COLES Enlarge
St. John's will compete as a team in a separate tournament Sunday when the Titans play in the Ohio Tennis Coaches Association state semifinals.
The Browns were the only local players to advance from the singles and doubles action on Friday.
In Division I singles, Perrysburg senior Jeffrey Schorsch ended a stellar career by losing to Cuyahoga Falls Walsh Jesuit junior Aaron Sandberg 6-4, 6-4 in a second-round match.
Last season, Schorsch lost to Sandberg in the third-place match.
Schorsch, who will play for Valparaiso University, opened with a 6-1, 6-2 win against Cincinnati Sycamore's Alex Taylor.
He battled an ankle injury earlier this season and competed at state despite elbow tendinitis.
"It's just been a great experience being at state for four years," said Schorsch, who finished 28-2. "I thought I fought hard every year."
Maumee Valley's Navdeep Bais, left, and Annu Reddy fell in the second round of Division II doubles.
JEFF MILLS Enlarge
Added coach Mark Weider: "He just came up a little short. [Sandberg] played his game but it easily could have gone the other way."
Also in Division I singles, Central Catholic junior Dugan Delp lost to Mason's Luke Tsai 6-3, 6-1 in the first round.
In Division II doubles, Maumee Valley Country Day seniors Annu Reddy and Navdeep Bais opened by beating Danny Nelson and Nate Ewing of Millersburg West Holmes 6-3, 6-1, but lost to Adam Lee and Vid Yadav of Gates Mills Hawken 6-1, 6-3 in the second round.
"[Hawken's] consistency was a little bit better than ours," coach Chris Sanford said. "Their return of serve put us on the defensive. They had a goal of reaching district and they exceeded it. They played their best tennis at the end of the year."
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ATLANTA (Reuters) - Former National Basketball Association player Javaris Crittenton, who was out on bond awaiting trial for his alleged role in the 2011 murder of a mother of four in Georgia, is back behind bars after being indicted on Wednesday on drug charges.
Crittenton, 26, was arrested in suburban Atlanta on two felony drug charges, according to court records. The Fulton County District Attorney's Office did not immediately provide details of the charges.
Crittenton, a point guard who was drafted by the Los Angeles Lakers in 2007 and played two seasons in the NBA, was indicted in April in the drive-by shooting death of the young mother Julian Jones, 22.
The 12-count indictment charged Crittenton and his cousin, Douglas Gamble, with murder, participation in criminal street gang activity and the attempted murder of a man in August 2011. The man was the intended target, prosecutors said, but the gunshot hit Jones instead.
Prosecutors said the shooting was gang-related and in retaliation against a person Crittenton believed had robbed him.
"Mr. Crittenton would not involve himself in criminal conduct," Crittenton's attorney, Brian Steel, said on Wednesday after his client's arrest.
Crittenton is being held without bail.
(Reporting by David Beasley; Editing by Kevin Gray and Gunna Dickson)


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Dr. Kenneth L. Stewart
Community Development Initiatives, Department of Psychology and Sociology
Professor/Director of Community Development Initiatives
- Ph.D., (1976) Western Michigan University
- M.A., (1973) Colorado State University
- B.A., (1971) Boise State University
- Social Problems
- American Political Culture
- Social Change and Development
- Community Development
- Social Inequality and Diversity
- Social Theory
- (With D. Stanley Eitzen) Solutions to Social Problems from the Bottom Up: Successful Social Movements Boston: Allyn and Bacon, 2007).
- Globalizing a Gated Country: Immigration Policy Debate in the United States," Forum on Public Policy, 2, 3 (2006): pp. 693-705.
- The U.S. Immigration Policy Debate in the Context of Globalization," paper presented at the Oxford Round Table on Diversity, Lincoln University, Oxford England, March, 2006.
- (With D. Stanley Eitzen) "National Security and the War on Terror," Chapter 18 in D. Stanley Eitzen and Maxine Baca Zinn, Social Problems, 10th edition(Boston: Allyn and Bacon, 2005).
- (With D. Stanley Eitzen) "Public Sociology Challenges Discipline's Prestige and Power Structure," Public Forum Section, Footnotes, 32, 3 (March 2004),11.
Professor Stewart joined the Angelo State University faculty in 1975 as an Instructor. He worked his way up the ranks to full Professor. Professor Stewart teaches university courses in Social Problems, Social Change, Social Diversity, American Political Culture, Social Theory, and Community Development. Professor Stewart is the author or Co-author of six books and more than 15 scholarly journal articles. Professor Stewart made numerous presentations in venues ranging from the Texas State Historical Association to the American Sociological Association and the Oxford Round Table at England's Oxford University. Professor Stewart served as Department Head of Psychology and Sociology at ASU for 10 years, 1984–94. Professor Stewart is also the ASU Chair of the Complete Count Committee for 2010 Local Census and Co-Director of the Community Development Initiatives, a program he founded at ASU in 2007.


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