Ever the masters of pop-funk, Vulfpeck recently returned with their newest studio effort, The Beautiful Game. In our review, we went in-depth into each track on the album, capturing The Beautiful Game and all of its quirks within the Vulfpeck catalog. At the heart of it all is an insatiable groove, powered by Jack Stratton, Theo Katzman, Joe Dart and Woody Goss.Today, the band has shared their brand new music video for the track “Daddy, He Got A Tesla.” With more of a space-funk Herbie Hancock vibe to it, “Daddy, He Got A Tesla” is a bit of a departure from Vulfpeck’s sound, but they master it all the same. The song includes collaborators Joey Dosik, Pegasus Warning and Jamire Williams, all adding their soulful sounds and musicianship to the tune.Check out the band’s new video, which premiered just now on Facebook, below.
A newly-formed US pension scheme body – Global Peer Financing Association (GPFA) – set up to increase and encourage peer-to-peer trading activity in the securities lending and repo markets, is looking for international members.The group – formed by California Public Employees’ Retirement System (CalPERS), Healthcare of Ontario Pension Plan (HOOPP), Ohio Public Employees Retirement System (OPERS), and State of Wisconsin Investment Board (SWIB) – is looking to create a “more efficient and actionable way to increase and encourage peer-to-peer trading activity in the securities lending and repo markets for the benefit of asset owners,” it said.Although the initial GPFA founding members are all US pension funds, the group is interested in expanding membership to include other global pension schemes, large asset managers, insurance companies and “other beneficial owners who share a common interest in the business of peer-to-peer securities lending or repo”, it added.“We are excited to increase participation in GPFA,” said Rob Goobie, assistant vice president of collateral management, derivatives & fixed income at HOOPP. GPFA’s members also include independently owned third-party securities lending agent eSecLending, law firm Osler, Hoskin & Harcourt LLP and financial data analytics company Credit Benchmark.“We believe it is important to promote the interest of members in making the financing market more efficient and effective. We see GPFA as a central connection point to foster collaboration and information sharing within the buy-side community,” he added.Dan Kiefer, investment manager at CalPERS, said the current members came together as a group of “like-minded peers” and recognised that there was a need for more information and support related to securities lending and repo activities.“By transacting with our peers, we have been able to increase revenue generated from our securities lending and repo activities while also expanding sources of liquidity for our plan,” he said.“GPFA is focused on educating beneficial owners about credit approval solutions for non-rated counterparties and ways to navigate challenges through central connection points that allow peers to trade with each other efficiently,” said Jerry May, senior portfolio manager at OPERS.He added: “We recognise each beneficial owner has different factors to consider when evaluating alternative counterparties. GPFA has developed a framework of resources to help other peers understand and navigate the approval process as well as the ongoing administration of trades for those that do not have internal resources to support securities lending or repo activity directly.”Looking for IPE’s latest magazine? Read the digital edition here.
The Latest: US Tennis Association eliminating 110 jobs The Joey Logano Foundation, the NASCAR Foundation and Elevation Outreach are partnering to bring a Convoy of Hope to Martinsville with the goal of providing 40,000 pounds of food and supplies to approximately 1,000 families during a drive-thru distribution at NASCAR’s oldest track.The effort is similar to one conducted at Darlington Raceway in May.“After seeing how impactful Darlington went, we quickly moved forward and scheduled our next event with Convoy of Hope in Martinsville,” Logano, chairman of his foundation, said in a release. The COVID-19 pandemic forced NASCAR to pause its season in March. The race at Martinsville will be the seventh since the series went back to racing without fans last month. ___ Strength and conditioning activities are being altered to reduce health risks. Each station will have sanitation supplies. The weight racks will be spaced out and will be used by only one individual per session. Conditioning sessions will take place outside unless poor weather prohibits it.Before arriving on campus, all athletes will undergo nasal swab testing for COVID-19. They will be tested again if they report symptoms, or if they’re believed to have contacted someone who tested positive. Athletes will be screened daily before entering athletic facilities, and athletes and staff will wear masks at all times other than during conditioning activities.___Orioles general manager Mike Elias is currently focused on this week’s Major League Baseball draft, but he expects to soon turn his attention toward getting the team ready to play again.In a conference call with media on Monday, Elias said he was “very confident we’re going to play.” June 8, 2020 The Italian soccer federation has approved plans for a playoff or the use of an algorithm with no champion declared if the season is stopped again.Serie A has been suspended since March 9 because of the coronavirus outbreak. It is scheduled to resume on June 20.The plans were approved by an 18-3 vote at an FIGC council meeting. Italian soccer clubs had asked for no champion or relegations unless mathematically certain.Playoffs are the preferred idea but an algorithm will be used to determine the final standings if matches cannot be held because of time restrictions or the worsening of the pandemic. But there will not be a champion if the algorithm is used.The top two men’s divisions are the only ones set to resume their regular seasons. The women’s Serie A will not restart. The North Carolina High School Athletic Association will lift its dead period next week to allow for in-person workouts for prep athletes.The organization announced Monday that it would allow limited workouts beginning June 15, though education agencies across the Southern U.S. state must also permit it at a local level.Restrictions for the first phase of return include having workouts of no longer than 90 minutes, with no more than 25 people at outdoor venues and no more than 10 in gymnasiums. They also require daily temperature checks and social distancing, along with instructing schools to keep the same groupings of athletes working together each time.Locker rooms and weight rooms remain closed for now. The restrictions include no shared use of athletic equipment. Guidelines for future phases will be developed and shared at a later date.___ Associated Press ___English soccer club Brighton is offering fans the chance to have cardboard cutouts of themselves in the stadium when the Premier League resumes.Games in the league will be closed to spectators for the remainder of the season because of the coronavirus pandemic.Five of Brighton’s nine remaining games are at home. The first is on June 20 against Arsenal.Fans need to send in a photo wearing a Brighton jersey and pay $25. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The group that runs the U.S. Open tennis tournament is eliminating 110 national positions and reducing travel costs over the next few years to deal with the financial effects of the coronavirus pandemic. The return of baseball would be a bright spot in a year marred by the coronavirus pandemic, which prevented the season from starting.The draft is Wednesday and Thursday and has been shortened to five rounds because of the pandemic. Baltimore has three picks in the top 39, including the second overall, as Elias hopes to rebuild a team that has lost more than 100 games in each of the past two seasons. — David Ginsburg in Baltimore___NASCAR fans won’t be allowed to attend when the Cup Series races at Martinsville Speedway on Wednesday night, but the sport’s impact will surely be felt by Henry County residents the next day. The U.S. Tennis Association also announced Monday that it will close its headquarters in White Plains, New York, and shift remaining staff to an as-yet-undetermined location in the state.Other budget-trimming moves include merging player development and facilities departments, and hosting only one in-person meeting per calendar year from 2021 to 2023.___Wisconsin is permitting the voluntary return of football and volleyball players for initial health assessments and COVID-19 testing this week to clear the way for them to begin voluntary strength and conditioning activities June 15.The men’s and women’s basketball teams will return later this month, followed by the men’s and women’s hockey teams. ___Italy’s female soccer players are against the possibility of a playoff format to finish their season.A decision on whether and how the Serie A women’s league will resume is expected to be made during an Italian soccer federation meeting.One of the proposals is to have playoffs. That would involve half of the 12 Serie A teams.A statement by the Serie A women’s players says they are against it because “it doesn’t guarantee true fairness.” They say “we all go out on the field or no one does.”Juventus, AC Milan and Sassuolo are the only three clubs which have managed to resume training. Many of the clubs also have players who are still abroad.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports