Topics : The strongman leader of Russia’s southern Chechnya region, Ramzan Kadyrov, was receiving treatment for a suspected coronavirus infection, news agencies reported Thursday citing sources, though his aides did not confirm it.One of Russia’s most high-profile virus cases, Prime Minister Mikhail Mishustin, returned to work this week after receiving treatment for the illness in hospital.Overall, 99,825 people in Russia are no longer infected with coronavirus, health officials said Friday.Authorities have said the situation is stabilizing and half a million industrial and construction workers have been allowed to return to work in Moscow. Russia has recorded far fewer deaths than other countries with large outbreaks, but critics have cast doubt on the low official mortality rate and accused authorities of under-reporting to play down the scale of the crisis.Russian health officials say one of the reasons the count is lower than in the United States and parts of western Europe is that only deaths directly caused by the virus are being included. Russia on Friday reported its highest ever daily coronavirus death toll of 150, even though the number of new infections fell below 9,000 for the third day in a row.Health officials reported a total of 3,249 deaths and 326,448 cases, the second-highest number of infections in the world after the United States. There were 8,894 new cases in the last 24 hours, according to a government tally, while 7,144 people recovered.
The authorisation sees the London CIV recognised as an alternative investment fund manager (AIFM), in line with the European Directive by the same name.Assets are held within an Authorised Contractual Scheme, the UK’s tax-transparent fund.Grover said a large part of the £6bn expected to be in London CIV sub-funds by the end of the financial year would be passively managed equities, overseen by Legal & General Investment Management (LGIM) and BlackRock.LGIM and BlackRock will each manage three sub-funds, he said.Baillie Gifford will be in charge of a second actively managed global equity sub-fund, as well as a standalone diversified growth fund.Grover added that the London CIV now employed six people and would hire a seventh soon.The new staff includes Julian Pendock as investment oversight director, and Brian Lee as COO.Pendock joins from the London council of Brent, where he was the council fund’s investment and pensions manager, a role he assumed after five years at Senhouse Capital, latterly as its CIO.He has also worked at JP Morgan Chase and Bedlam Asset Management.Bob Kerslake, former permanent secretary at the Department for Communities and Local Government (DCLG), will chair the London CIV’s board.Kerslake retired from the DCLG in February this year and, until September 2014, was head of the UK’s civil service.Prior to that, he was chief executive of Sheffield City Council, and chief executive of the Homes & Communities Agency, the public body in charge of affordable housing in England.Chris Bilsland and Eric MacKay have also joined the board, appointed as non-executive directors.Until 2013, Bisland was chamberlain of the City of London, the council’s financial director.MacKay is currently head of legal, risk and compliance at asset manager TT International, and was previously F&C’s chief risk officer. The London collective investment vehicle (CIV) for the capital’s local authority funds has named its first four managers, to be in charge of £6bn (€8.5bn) in equity mandates.Allianz Global Investors will be in charge of the first sub-fund to be launched by the London CIV.The active global equity fund has attracted more than £500m from three of the participating local government pension schemes, chief executive Hugh Grover said.Grover added that a further eight sub-funds were expected to be launched by the end of the financial year, possible after the Financial Conduct Authority (FCA) authorised the vehicle.
The international arm of Fox is launching the first episode of its buzzy new drama Outcast on Facebook in Europe and Africa.The show opener will go out on Facebook Live, the social network’s streaming channel, in 61 countries including the UK, Italy, Germany, Turkey and South Africa.It will debut at 10pm CET on Facebook on Friday May 20 marking, Fox said, the first time that the social network has been used to launch a show in Europe and Africa.To watch the series on Facebook, consumers need to head to their local Fox Facebook page. As well as the first episode, there will be wraparound and behind the scenes content for fans.The show is from the Fox Networks stable and based upon Kirkman’s Skybound/Image comic book. Created by The Walking Dead’s Robert Kirkman, Outcast follows a young man (Gone Girl’s Patrick Fugit) attempting to unravel the mystery of his possession, with the help of a mysterious preacher (Life on Mars’ Philip Glenister).There is huge anticipation ahead of the series launch on Cinemax in the US. It launches on the HBO sister net in a Friday night slot on June 3.Internationally, Fox has the rights for many of its international Fox channels and will play it close to the US TX as part of a coordinated global launch.“Thanks to The Walking Dead, Robert Kirkman has created an army of fans throughout the region,” said Diego Londono, COO, Fox Networks Group, Europe and Africa. “By partnering with Facebook, we are giving the fans the chance to watch the new show at the same time across Europe and Africa.”