Spiritual community to hold service in the city

first_imgPrint Minister of the Dublin Unitarian Church, Rev Bridget SpainTHE city’s first ever UNITARIAN church service takes place in the Limerick School Project on O’Connell Avenue this Sunday, February 23 at 3pm.Unitarians are a spiritual community in which each person is encouraged to think for him or herself in a spirit of freedom, reason and tolerance. They have no dogma and no set creed.Sign up for the weekly Limerick Post newsletter Sign Up Minister of the Dublin Unitarian Church, Rev Bridget Spain, leads the first ever Unitarian service in Limerick this weekend. She explained: “Unitarians do not have a creed that is imposed on its members. So its not possible to sum up Unitarian beliefs. In an effort to explain ourselves we often use the expression ‘freedom, reason and tolerance’. We are free in our spiritual search, we use our reason in our search and we are tolerant of people who hold different views than we do.”“I was originally attracted to the Unitarian Church by the admission that we do not have all the answers. We are seekers together as a community. Unitarianism has its roots in the Liberal Christian tradition but we also draw inspiration from other faiths. A Unitarian service will consist of Readings from the Bible and other sources, prayers, and a Sermon, we call it an address. We usually sing hymns or listen to music,” said Rev Spain.Of this Sunday’s service in Limerick, she said, “This is very much putting a toe in the water. I will be delighted if anyone turns up.”The Unitarian Church Service takes place at Limerick School Project, O’Connell Avenue at 3pm this Sunday, February 23. All are welcome. #HearThis: New music and video from Limerick rapper Strange Boy Previous articleTánaiste tours regenerationNext articleUL study finds disadvantaged communities stigmatised within health and social services Alan Jacqueshttp://www.limerickpost.ie Twitter Advertisement NewsCommunitySpiritual community to hold service in the cityBy Alan Jacques – February 21, 2014 1195 WhatsApp Email TAGSchurch serviceLimerick School ProjectMusic LimerickUnitarianUnitarianism center_img Linkedin RELATED ARTICLESMORE FROM AUTHOR Celebrating a ground breaking year in music from Limerick Facebook Watch the streamed gig for Fergal Nash album launch Emma Langford shortlisted for RTE Folk Award and playing a LIVE SHOW!!! this Saturday #SaucySoul: Room 58 – ‘Hate To See You Leave’ New Music: 40Hurtzlast_img read more

Pension funds boost alternatives by 5% globally as shift speeds up

first_imgOf the top 100 alternative asset managers, the survey showed that real estate managers had the largest share of assets, at 34%, followed by hedge funds with 21%, private equity fund managers with 18% and private equity funds of funds with 12%.Funds of hedge funds, meanwhile, had 6% of the total, infrastructure accounted for 5% and illiquid credit 5%.Nikulina commented that institutional investors were continuing to focus on diversity – but not at any cost. “While inflows into alternative assets continue apace, investors have become more mindful of alignment of interests and getting value for money,” she said.She said this had contributed to more blurring of the lines between individual asset classes, as investors concentrated on underlying return drivers.The ultimate aim of this is to achieve true diversity and make portfolios more robust in the face of the increasingly volatile and uncertain macroeconomic environment, Nikulina said.Separately, a survey from Northern Trust suggested that Nordic institutional investors were about to increase their allocations to alternative asset classes and environmental, social and governance (ESG) investments.Polling around 50 Nordic institutional investors about the changing role of alternative investments at a recent event, Northern Trust said more than 80% expected investor allocations to alternatives to rise within the next five years, with the highest new allocations going to private equity and infrastructure.Paul Cutts, head of alternative investment services for Northern Trust Global Fund Services across Europe, Middle East and Africa, said: “In the current low-growth, low-interest-rate environment, alternative investments play an increasingly important role for investors looking for higher yield and lower volatility.”Poll participants also said they expected an increased focus on ESG factors within the investment process over the next five years, with 26% saying ESG credentials could make or break a deal. Mamadou-Abou Sarr, global head of ESG investing at Northern Trust Asset Management, said: “ESG considerations are naturally linked to infrastructure investments.” The largest 100 alternative investment managers around the world saw a 3% rise in their assets under management in 2015 to $3.61trn (€3.26trn), with pension funds accounting for $1.49trn of this – up 5% from the year before, according to a survey.Willis Towers Watson’s Global Alternatives Survey showed that total global alternative assets managed by all 602 investment managers covered in its broader survey had reached $6.2trn at the end of December 2015.Luba Nikulina, global head of manager research at the consultancy, said: “The shift away from equities and bonds into alternatives has gained momentum among most institutional investors around the world, as these strategies have helped to manage risk through diversity.”Persistent economic uncertainty coupled with highly volatile conditions is likely to reinforce this trend, she predicted. last_img read more