In addition, First State ranked as the 15th largest infrastructure manager globally, with €14.9bn of assets under management, according to IPE Real Assets’ Top 75 Infrastructure Managers survey.According to a press release published earlier today, First State Investments is to operate as a standalone business overseen by a board formed from First State and Mitsubishi senior staff, with independent non-executives to be added “in the coming year”.Mark Steinberg, First State Investments’ CEO, said: “Under MUFG ownership, we will have the financial backing and shared strategic vision to enable us to become an even stronger global investment manager.“Our investment teams will continue to enjoy their current levels of investment autonomy, which has underpinned the business’ strong growth and long-term performance. Importantly, their commitment to incorporating ESG principles across their processes and strategies will remain central to their investment approach.”Mikio Ikegaya, president and CEO of Mitsubishi UFJ Trust and Banking, added: “From the outset, we have regarded First State Investments as a well-recognised global business, synonymous with first-class investment professionals and strong fund performance.“We are committed to supporting First State Investments’ strategy of delivering high-quality investment capabilities and establishing and maintaining strong client relationships. We look forward to working with First State Investments as we continue to expand our investment management business and investment offerings globally.” Japanese financial services company Mitsubishi UFJ Financial Group (MUFG) has completed the purchase of First State Investments from the Commonwealth Bank of Australia for $2.7bn (€2.4bn).The deal was announced in October last year after the Australian bank said it intended to demerge its wealth management and mortgage broking businesses.First State, which manages $155.1bn in assets globally, will become part of Mitsubishi UFJ Trust and Banking Corporation, a wholly owned subsidiary of MUFG.It ranked 110th in IPE’s ranking of the largest managers of European institutional assets, according to the 2019 Top 400 Asset Managers survey, with €11.4bn.
The government since then revised its “Build, Build, Build” list, which now covers 100 projects from the initial 75. Some infrastructure projects were scrapped due to feasibility issues. In an interview with GMA News’ 24 Orason Monday evening, President Duterte said that the Ilonggo senator seemed doesnot know how to count and only knows how to criticize. The President added: “Hindi mo pa ginawa, sinasabi na may corruption diyan,eh di ‘wag na lang. Hindi nya tinitignan, he does not really know to count.” “If it’s a statement just to… adelusion, wala tayong magawa, libre yane. People judge best when they condemn,” the President further said. During the Senate Budget hearing lastweek, Drilon said the administration’s infrastructure program was a “dismalfailure” as only nine of the 75 flagship projects have started construction. MANILA – President Rodrigo Duterteslammed opposition senator Franklin Drilon for branding the administration’sflagship infrastructure program “Build, Build, Build” as a failure. President Rodrigo Duterte and opposition senator Franklin Drilon “You can see for yourself. Ilang airport, ngayon you travel around, look at Luzon, look at the stretch,”Duterte said. “‘Yung mga perennial ano niya… Because of statements that areout of tune.” The updated list covers flagship infrastructure projects under five categories namely; transport and mobility; power; water; information and communications technology; and urban development and renewal./PN
Now that our super-secret special NFL “mock” mock draft is in the rearview, there is no more fooling around. With pro day workouts also in the books and the 2019 NFL Draft fast approaching, it’s time for another real first-round mock draft.In our last mock draft for 2019, we considered how teams’ short-term needs changed after NFL free agency. This time we have a better understanding of where the top prospects’ stock is settling, and who each team is interested in picking in the 2019 NFL Draft. NFL DRAFT 2019:Big Board of top 100 prospectsWith all that in mind, here is how we see picks No. 1 through No. 32 playing out on the night of April 25.NFL mock draft 20191. Arizona CardinalsKyler Murray, QB, OklahomaMurray squashed plenty of questions about his undersized frame by measuring better than expected (5-10, 207 pounds, 9 1/2-inch hands). His dynamic playmaking, backed by smarts and accuracy, has the Cardinals locked on Murray going to work in a Kliff Kingsbury passing offense suited to him. This pick makes sense regardless of whether the Cardinals can trade last year’s first-rounder, Josh Rosen, which is still likely.2. San Francisco 49ersNick Bosa, DE, Ohio StateBosa is a no-brainer for the 49ers here. Pro Bowl tackle DeForest Buckner had a breakout pass-rush season, and fellow first-rounder Solomon Thomas found another gear after he slid inside. Bosa is a sleek edge force (6-4, 266 pounds) with even more upside than that of brother Joey.3. New York JetsQuinnen Williams, DT, AlabamaThe Jets plan to stick with a base 3-4 defense, but coordinator Gregg Williams’ strong 4-3 background suggests he will bring a hybrid scheme in which he can make good use of quick interior linemen beyond Leonard Williams. Quinnen Williams over edge-rusher Josh Allen is a mild upset. This Williams is a massive (6-3, 303 pounds) and explosive interior disruptor. It’s hard to ignore his Aaron Donald-like potential after his meteoric rise through his final college season.4. Oakland RaidersJosh Allen, DE/OLB, KentuckyIrf the Jets go with Williams, the Raiders should not hesitate to jump on an ideal replacement for Khail Mack. Allen was productive in college and is loaded with the kinds of moves that will allow him to continue racking up sacks in the NFL. He also is capable of making plays in coverage.5. Tampa Bay BuccaneersDevin White, ILB, LSUWhite covers a ton of ground against the run and also will upgrade their intermediate coverage as Kwon Alexander’s replacement. White is the rangiest defender in the 2019 class and can be Todd Bowles’ most impactful 3-4 inside linebacker since the best of Daryl Washington in Arizona. White showed off his elite speed and athleticism at the Combine in a compact package (6-0, 237 pounds).NFL DRAFT: All-time greatest draft steals6. New York GiantsRashan Gary, DT/DE, MichiganGary, a versatile defender, can produce even better in James Bettcher’s 3-4 scheme than he did with the Wolverines, with Calais Campbell-like upside for it. Gary uses his hands, power and big frame (6-4, 277 pounds) to occupy run-blockers. He also has some intriguing inside pass-rush ability.7. Jacksonville JaguarsJawaan Taylor, OT, FloridaNow that the Jaguars have a confident, downfield-throwing quarterback in Nick Foles, they can focus on shoring up his pass protection. Taylor (6-5, 312 pounds) offers agility, smarts and technique to handle most athletic edge-rushers. He has been rising up boards as scouts have realized he is not just relegated to right tackle and can thrive better than anyone else in this class on the left side.8. Detroit LionsMontez Sweat, DE, Mississippi StateSweat crushed his Combine workouts, running the 40-yard dash in 4.41 seconds and recording a vertical of 36 inches, which is ridiculous at his size (6-6, 260 pounds). He translates that into relentless pursuit of the passer. Matt Patricia should be thrilled to get him to pair with former Patriot Trey Flowers in the Lions’ new-look edge rush.9. Buffalo BillsAndre Dillard, OT, Washington StateThe Bills can think about getting second-year quarterback Josh Allen more offensive skill support, but after getting Mitch Morse, Spencer Long and Ty Nsekhe in free agency, they should complete their line overhaul with a major upgrade over Dion Dawkins at left tackle. Dillard backed up a big week of Senior Bowl practices with an impressive Combine performance. His athleticism was on full display to prove that, at 6-5, 315 pounds, he is the smoothest pass-protector in this class.10. Denver BroncosDwayne Haskins, QB, Ohio StateJohn Elway has his new bridge QB in Joe Flacco, but he still needs to consider a first-rounder in 2019. Haskins cemented his draft stock late in the Buckeyes’ season, when he had some jaw-dropping games with his big arm and downfield accuracy. He has ideal size (6-3, 231 pounds) as a strong pocket passer with the right dose of athleticism. That checks the right boxes for Elway, enough where it wouldn’t be surprising if Denver traded up a little to get Haskins.NFL DRAFT: Best first-round picks since 200011. Cincinnati BengalsCody Ford, OT, OklahomaFord is raw as a lineman, but he can immediately start and address the Bengals’ big weakness at right tackle, where he is built to deliver as a big-time run blocker for Joe Mixon before rounding into a physical pass-protector.12. Green Bay PackersDevin Bush, ILB, MichiganThe Packers made major free-agency moves to address outside linebacker in Mike Pettine’s 3-4 with Za’Darius Smith and Preston Smith, and they also signed an elite safety in Adrian Amos. After not re-signing fellow former Wolverine Jake Ryan, they would love to get Bush, who is right there with White as a complete linebacker. Bush did his best to match White athletically at the Combine, proving his size (5-11, 234 pounds) is no limitation to his playmaking.13. Miami DolphinsEd Oliver, DT/DE, HoustonThe Dolphins have a big void up front after Cameron Wake left for the Titans, and they need a versatile cornerstone for Brian Flores’ defense. Oliver has become more of an end/tackle tweener in many scouts’ eyes rather than the pure inside force that is Quinnen Williams. Flores, however, should see that as more of a strength than a weakness.14. Atlanta FalconsJonah Williams, OT, AlabamaThe Falcons signed two veterans for help at guard in James Carpenter and Jamon Brown, and this is their chance to upgrade right tackle after releasing long-time starter Ryan Schraeder. Williams is a strong pass-protector who also is big enough (6-4, 302 pounds) to pave the way in the running game.15. Washington RedskinsD.K. Metcalf, WR, Ole MissThe Redskins have a couple short-term Alex Smith contingencies in Case Keenum and Colt McCoy, and if they don’t target a quarterback later in the draft, trading for Rosen would be an option, too. Using this pick to go after a true No. 1 receiver, instead, makes a lot more sense. Metcalf lived up to his reputation as a beast (6-3, 228 pounds) at the Combine with his blazing 40-yard dash time (4.33), high number of bench-press reps (27) and amazing vertical (40 1/2 inches). He is a classic size/speed prospect, and then some.NFL DRAFT: Biggest busts in draft history16. Carolina PanthersClelin Ferrell, DE, ClemsonThe Panthers’ top draft need is a quick, powerful end; a player who can slide inside at times in Ron Rivera’s defense. Ferrell is the best of the Clemson defensive line prospects because his size (6-4, 264 pounds) makes him a good outside run-stopper to add to his explosiveness as a pass-rusher.17. New York Giants (from Browns)Brian Burns, OLB, Florida StateDon’t be surprised if the Giants double up on defense with their two first-rounders rather than forcing an offensive pick. After getting Gary, going for Burns as the type of edge pass-rusher they traditionally love is smart, especially with the developing opportunity to get Duke quarterback Daniel Jones early in the second round. Burns had 15.5 sacks in his final Seminoles season and was a borderline first-rounder until the Combine, where he arrived bulked up at 6-5, 245 pounds without showing a drop-off in his explosiveness.18. Minnesota VikingsT.J. Hockenson, TE, IowaThe Vikings plan to keep Kyle Rudolph for his age-30 season, but he becomes a free agent in 2020. Here the Vikings can go best player available to line up a strong replacement. Hockenson looks like the next great all-around player at the position with his hands, physicality, smarts and agility. At 6-5, 251 pounds, he lived up to his billing at the Combine.19. Tennessee TitansIrv Smith, TE, AlabamaThe Titans should be ready to jump on Hockenson if he is available, but this is still a good way to get help for both Marcus Mariota and Derrick Henry. Smith is a technically sound run-blocker and route-runner who has shown vertical receiving juice to go with compact size (6-2, 242 pounds). He delivered a strong enough Combine to place himself behind Hockenson as the draft’s second best tight end.20. Pittsburgh SteelersGreedy Williams, CB, LSUThe Steelers signed former Chief Steven Nelson in free agency, but Joe Haden, who turns 30 in April, is in the final year of his contract. Williams is a long, lean corner (6-2, 185 pounds) who has rare speed, quickness and agility for his size. He is not the most physical player, but he is fundamentally sound in coverage, and he uses his length at the line of scrimmage to break up routes.NFL DRAFT: Each team’s worst ever regret21. Seattle SeahawksJaylon Ferguson, DE, Louisiana TechThe Seahawks used the franchise tag on Frank Clark, but they need to further boost their pass rush for Pete Carroll to get it back to where it once was when Cliff Avril and Michael Bennett were at their best together. Ferguson shows some explosive pass-rush moves and has been productive in that area. He will stay on the field in the NFL as a big (6-5, 259 pounds), natural run-stopper off the edge.22. Baltimore RavensGarrett Bradbury, C, N.C. StateThe Ravens got Mark Ingram to add to their run-heavy offensive mentality with Lamar Jackson at the controls, and now they need to solidify their weakest position up front. Bradbury would be a huge upgrade from Matt Skura between Alex Lewis and Marshal Yanda. At 6-3, 306 pounds, Bradbury has the size, power, smarts and athleticism to anchor an offensive line as a strong starter for a decade.23. Houston TexansKaleb McGary, OT, WashingtonThe Texans will think about a corner here, but ultimately, they can’t ignore offensive line after Deshaun Watson was sacked a league-high 62 times last season. McGary has steadily moved up the board as he has proved to scouts he can match his massive frame (6-7, 317 pounds) with power and explosiveness. He is athletic enough to handle at least starting at right tackle before rounding out his footwork and agility to possibly play on the left side.24. Oakland Raiders (from Bears)Josh Jacobs, RB, AlabamaThe Raiders did not re-sign Doug Martin, and they are still waiting to find out whether Marshawn Lynch will return for another season. They need to move on with a young, three-down option. Jacobs (5-10, 220 pounds) is the best bet of any feature-type back to go early. There’s a bit of Ezekiel Elliott in him; he is a smart, complete back who runs with great vision and power, and he is equally elusive as an outside runner and receiver.25. Philadelphia EaglesJohnathan Abram, S, Mississippi StateThe Eagles have Rodney McLeod under contract through 2019, and Malcolm Jenkins is 31 with two years left on his deal, so they should think about landing the draft’s top safety. Abram (5-11, 205 pounds) is a physical run defender with some untapped coverage playmaking potential in the Landon Collins vein. He can operate well in Jim Schwartz’s scheme.NFL DRAFT: Ranking first-round QBs since 200026. Indianapolis ColtsDexter Lawrence, DT, ClemsonThis pick continues to line up well for the Colts as they pile talent for Matt Eberflus’ young defense. With edge pass-rusher less of a concern after signing Justin Houston, they need to upgrade next to Margus Hunt up front to help linebackers Anthony Walker and Darius Leonard. Lawrence is a textbook inside run-stuffer with ideal size (6-4, 342 pounds).27. Oakland Raiders (from Cowboys)Byron Murphy, CB, WashingtonThe Raiders can go back to defense with their last first-rounder and add an ideal starter to play opposite Gareon Conley in Paul Guenther’s Cover-2 zone scheme. Murphy is a smooth, fluid cover man. What he gives up in size and press potential (5-11, 190 pounds) he makes up for in speed, aggressiveness and ballhawking skills.28. Los Angeles ChargersDrew Lock, QB, MissouriDefense should be on the Chargers’ minds with this pick, but it wouldn’t be shocking to see them deviate from that plan should this intriguing successor to Philip Rivers fall to them. Lock has a big arm to go with ideal size (6-4, 228 pounds). He also has the fearlessness and elusiveness every NFL team likes in an aggressive, downfield passer.29. Kansas City ChiefsDeandre Baker, CB, GeorgiaIf all the top edge pass-rushers are gone, the Chiefs should not hesitate to jump on the best available corner after Williams and Murphy. Baker is a smart, physical, press coverage presence to compensate. He backed up his size (5-11, 193 pounds) with good speed at the Combine.30. Green Bay Packers (from Saints)Marquise Brown, WR, OklahomaThe Packers can consider Iowa tight end Noah Fant here, too, but they can go with a dynamic receiver to work off Davante Adams, replacing Randall Cobb and also giving them more pop. Aptly nicknamed “Hollywood” for his Florida hometown, Brown has plenty of flash as a field-stretcher. At 5-9, 166 pounds, he has elite vertical speed and great quickness coming in and out of routes. Brown missed the Combine and the Sooners’ pro day coming off Lisfranc surgery, but he should be good to go for the heat of the offseason program.31. Los Angeles RamsDalton Risner, OL, Kansas State Risner is a technically sound lineman with a mean streak to pair with his physicality. His pass-blocking is underrated and still developing, but he already is a huge (6-3, 308 pounds) asset in the running game. With Bradbury off the board, the Rams should consider targeting Risner to immediately start at left guard after losing Rodger Saffold in free agency.32. New England PatriotsChristian Wilkins, DT/DE, ClemsonWilkins can line up everywhere and is equally effective stopping the run outside and getting to the QB inside. He measured (6-3, 315 pounds) and tested as well as advertised at the Combine.