Pepe has struggled to make an impact at Arsenal so far (Visionhaus)‘He needs to make sure he doesn’t listen to that and go out and perform.AdvertisementAdvertisement‘People need to forget about the price tag.‘He didn’t ask to be bought for that amount of money himself.‘It’s not always easy to arrive in a team, adapt to a new style of play.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘The Premier League, as we know, is not the same as the French League or any other league, by the way. So he needs to adapt to that. We need to give him time.‘People like to highlight the player but if the team were playing a bit better, maybe he would be playing a bit better.‘At the minute, it’s not a Pepe thing, it’s an Arsenal thing. Hopefully he and the team can get better so we can get in the top four again.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Advertisement Arsenal spent £72 million on Nicolas Pepe this summer (AP Photo)Thierry Henry has defended Nicolas Pepe’s start at Arsenal and believes the winger has struggled due to the poor performances of Unai Emery’s side.Pepe joined in a £72 million deal from Lille in the summer but he has been unable to make an immediate impact with the Gunners.The Ivory Coast international has scored just once in 11 Premier League appearances so far but Henry is adamant that Arsenal’s failings under Emery have made it difficult for the winger to thrive this season.‘When you arrive like that, you’re always going to be talked about, and people are always going to target you,’ Henry told Yahoo Sport.ADVERTISEMENT Advertisement Comment Thierry Henry explains why Nicolas Pepe is struggling at Arsenal Metro Sport ReporterWednesday 13 Nov 2019 12:51 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link
Because the pension fund must set aside 58% of its liabilities for its pensioners, its defensive investment policy still comes at the expense of pensions accrual for its younger participants.The scheme also noted that the contract for pensions provision with Unisys was set to expire at the end of 2017.In its annual report, it said it returned 0.36% on investments, due chiefly to a 3% return on its 30% return portfolio.It lost, however, 0.63% on its matching portfolio, consisting for the most part of long-term government bonds.As of the end of June, funding at the Unisys scheme, which granted active participants an indexation of 1.4%, stood at 102.6%.Last year, the pension fund reduced its interest hedge from 70% to 60%, following its decision to introduce a dynamic cover with a range of 60-75%.It pointed out that it uses the 20-year interest rate to set its hedging level.The scheme’s board added that, following an asset-liability management study, it decided against adjusting its investment policy, “as the low funding and low interest rates complicated a proper balancing between the several investment portfolios”.Last year, the Unisys pension fund invested €20m in residential mortgages at the expense of its holdings in long-term government bonds, and replaced one-third of its US high-yield credit with similar holdings in Europe.It also increased its stake in infrastructure to 5.5% after deciding that the minimum allocation to any asset class should be at least 5%. The €453m Dutch pension fund of IT company Unisys is thinking to join one of the six general pension funds (APFs) on offer by commercial players in the market.In its annual report, the scheme’s board said to continue as an independent scheme would be “unrealistic”.It cited the pension fund’s rapidly declining number of participants – 1,280 pensioners and just 285 active members – as a chief problem.As a consequence, annual contributions represent a mere 1% of total pension assets, while administration costs per participant are no less than €529.