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Infrastructure assets offer long-duration cash flows that are relatively stable with low default risk. They could be ideal for many pension funds, yet infrastructure investment has suffered from confusion over what it can represent and how best to gain exposure.While infrastructure assets offer a mixture of attractive yields and high growth, they are not homogeneous. Moreover, economic exposure can be obtained in a number of different ways, including debt, unlisted equity, listed equity, and direct ownership of infrastructure assets – each with different risk-return profiles.Macro-economic influences vary greatly across different asset classes and, as a result, the way portfolios are constructed matters if investors wish to have stable, inflation-linked cashflows across economic cycles.Infrastructure therefore needs a better descriptive framework to outline the universe of opportunities and the characteristics of each sub-class for investors to understand how best to incorporate elements within their investment strategies. London’s Heathrow AirportManagers such as AMP Capital are more ambitious and have bought major infrastructure assets such as airports. Hywel Rees, a principal in global infrastructure equity at AMP, explains that airports are of specific interest due to their complexity.Most infrastructure assets have just one type of customer, whereas airports have two – airlines and passengers – and their interests are often conflicting. In addition, airports can generate significant revenues from a wide range of ancillary activities including hotels, property and engineering businesses that all form part of an airport ecosystem. These activities can give an element of resilience in the face of a downturn in travelling customers.Airports also have a wide range of stakeholders, given the impact that an airport can have on a local economy. Their success or failure is heavily dependent on a wide range of factors, from the size of the market available to them locally, to their efficiency in dealing with the turnaround of planes.Managing airports can be a challenge and, as a result, there can be big differences between their performance, particularly when they face challenges such as bad weather.As the debate over Heathrow’s proposed third runway recently showed, politics and vested interests can also skew decision making. Not surprisingly, AMP prefers to invest in smaller regional airports rather than major hubs like Heathrow.For pension funds, if infrastructure is ever to be a key component of a portfolio, the challenge may be for fund managers to develop more coherent analyses of what the opportunities are, and for funds to have well-defined characteristics. The problem for pension funds with an infrastructure allocation is still deciding in which bucket to place it. Europe has the best available infrastructure assets on offer with a requirement for a €2trn spend by 2020. Asia is a heterogeneous region, while the US has generally poor infrastructure assets available for private investment.Private infrastructure debt is arguably the most obvious way to gain exposure to infrastructure. This is essentially private debt linked to projects such as hospitals, schools, roads and utilities. The debt itself tends to be investment grade and senior secured, so investors have access to real assets in the case of a default.Take flight: IPE Real Assets explores the global travel boom More people are on the move than ever before. For institutional investors, this means opportunities from airport infrastructure to hotels, as IPE Real Assets explores in its latest issue.Read more…Going down the equity route has led to issues over structure, with the typical private equity fund maturity of 10 years being far too low for assets with lifespans of decades.One way around this is to invest in listed infrastructure companies. In North America, for example, there is roughly $700bn (€600bn) worth of publicly traded utilities but hardly anything like a similar amount available for investment in the private markets.There are three key risks that investors need to be aware of, according to Heiko Schupp, global head of infrastructure investments at Columbia Threadneedle Investments.The first is operational risk in the construction and management of infrastructure assets. Managing that is the skill of fund managers, and is essentially what investors are paying them to do.On top of that, there are also political and regulatory risks, as all infrastructure assets have some connection with government. This risk can be mitigated to some extent by diversification and through a focus on environmental, social and corporate governance issues, which can provide a safety check on possible future problems – whether a move away from coal, or a breakdown of trust with host governments.Finally, there are macro and economic risks. Assets such as ports and toll roads are highly correlated to GDP. By combining assets with different correlations to GDP and interest rates it is possible to have a smoother distribution of portfolio returns.Another option for investors – instead of purchasing infrastructure debt or equity – is to purchase the asset directly. Typically, these opportunities lie in assets such as wind farms, which can be run by third parties.
AMF/SEB – Javiera Ragnartz (pictured), chief investment officer at the SEK619bn (€59.3bn) Swedish pension provider AMF , is leaving for a new job as chief executive of SEB’s subsidiary SEB Investment Management , as well as overseeing the bank’s investment activities.Ragnartz has been CIO at AMF since the spring of 2017. Before this she worked at Riksbanken, the Swedish central bank, and has also led the fund management company at Handelsbanken. In her new role at SEB, she will report to the board of SEB Investment Management as well as Johan Torgeby, SEB’s president and chief executive. AMF said it had already started the process of recruiting a replacement for Ragnartz, who was to stay at the Stockholm-based organisation for the time being to ensure an orderly handover. SEB said she would take up her new role at the bank this summer.Mercer – Andrew Kirton , Mercer’s chief investment officer, is to exit the consultancy giant at the end of March after more than 20 years at the firm. He has held a variety of roles at Mercer during that period, including head of investment consulting for the company’s UK, Europe, and global operations.Most recently Kirton has been working on the consultancy’s responses to the UK Competition and Markets Authority’s investigation into the investment consulting and fiduciary management sectors.Mercer said Kirton’s responsibilities would be shared between four senior staff: Hooman Kaveh, global CIO for delegated investment solutions; Bill Muysken, global CIO for alternatives; Deb Clarke, global head of investment research; and Donn Cox, alternatives business leader. Cox joined Mercer last year through its acquisition of Pavilion, a US consultant.Meanwhile, Mercer has also made a number of additional appointments following the acquisitions of Pavilion and Summit Strategies Group last year, as well as its strategic partnership with Morningstar. Graham Pearce has been appointed global segment leader for Mercer’s defined benefit (DB) client group, responsible for actuarial and investment advice strategy for this sector. He replaces Benoit Hudon , who recently took on the role of UK wealth leader for the company. Bruce Cadenhead is Mercer’s new global chief actuary, while Troy Saharic has been appointed global segment leader for defined contribution (DC) and master trusts.Redington – The UK consultancy group has hired Carolyn Schuster-Woldan from LCP . In her new role she will be a managing director in Redington’s investment consulting team. At LCP Schuster-Woldan was a lead consultant to a range of defined benefit schemes, advising on objectives, strategy and implementation. She previously worked at Mercer and Hewitt Bacon & Woodrow (now part of Aon).Robeco – The €171bn Dutch asset management group has hired Andrew Knell as director of business development for its UK institutional team. He joins from Northern Trust Asset Management where he was senior investment strategist for the global equity team. He previously worked at Russell Investments for eight years, latterly as client executive for Russell Indexes.Robeco said Knell would be responsible for growing Robeco’s institutional client base. The firm already runs roughly £7bn for UK clients, including insurers, pension funds and fiduciary managers.In addition, Robeco has hired Connor Murphy from Fidelity International as a business development analyst in the UK institutional team.XPS Pensions Group – Robert Evans has joined the UK consultant as a principal. He was previously at Mercer where he provided strategic advice to pension fund trustees.Paul Cuff, CEO at XPS Pensions Group, said Evans would “further strengthen our actuarial consulting team and demonstrates our commitment to growing the business”. “Pension schemes are going through a huge volume of change and need the right support, expertise and advice,” Cuff added.Morningstar – The investment research provider has appointed Paul Malone as CEO for its UK operations and regional leader for “west EMEA”. He has worked at Morningstar for 10 years, most recently as head of UK sales and business development. Universal-Investment – The German asset management giant has hired Sean O’Driscoll as its new country head for Luxembourg. He joins from AXA Funds Management in Luxembourg, where he also served as country head. He has also lead Luxembourg and Irish operations at BlackRock and helped expand State Street’s Irish business.O’Driscoll will be responsible for growing Universal’s platform for third-party asset managers in the Grand Duchy. Universal has more than €50bn in assets under administration in Luxembourg, the company said in a statement.Morgan Stanley Investment Management (MSIM) – Portfolio manager Vladimir Demine has been appointed to the newly created role of head of ESG research in MSIM’s international equity team. The asset manager said he would be analysing thematic environmental, social and governance (ESG) issues and liaising with its global stewardship team and Morgan Stanley’s Institute for Sustainable Investing and global sustainable finance team. Demine joined Morgan Stanley in 2009 from UBS Global Asset Management. SEB Investment Management, AMF, Mercer, Redington, Robeco, XPS Pensions Group, Morningstar, Universal-Investment, Morgan Stanley
GEORGETOWN, Guyana – CARICOM’s Implementation Agency for Crime and Security (IMPACS) will be the subject of full financial audits following a special-purpose audit that will probe further into the institution’s operations.During the special-purpose audit, which CARICOM’s Council for National Security and Law Enforcement (CONSLE) yesterday announced it had commissioned, IMPACS’ Executive Director Lynne Anne Williams has been sent on leave.In the interim, a statement from CARICOM said, Francis Forbes, a former Commissioner of Police of Jamaica and Security Adviser to the CARICOM Secretary General, and currently Adviser, Security Crime and Liaison at IMPACS, has been identified to head the agency in the interim.“Following the completion of this audit, full financial audits of that Institution covering the period from its establishment in 2006 to 2010 will be undertaken,” it said.These investigations follow allegations of misappropriation of funds and other fraudulent accounting practices, published in the Trinidad Express newspaper.The decision to go forward with the special purpose audit was among several taken by CONSLE at its First Special Meeting this week. The meeting was called to consider, among other things, the recommendations of the Bureau of CONSLE arising out of the report of a preliminary investigation into the agency following the media allegations. The Bureau had requested the preliminary investigation at a meeting on April 29 and had received the report at a second meeting on May 25.The Council also discussed the report of a European Union Institutional Assessment of the Agency, a copy of which was submitted to IMPACS in May 2011. “In this regard, the CARICOM Secretariat was requested to assist IMPACS with respect to ensuring internationally accepted standards in the areas of accounting, auditing, internal control, procurement, and human resources management systems,” the CARICOM statement said.Chairman of CONSLE Dr Errol Cort, Minister of National Security and Labour in Antigua and Barbuda, said the Council was ensuring that all the elements would be in place for robust systems of governance and oversight of IMPACS so that the region’s security agenda was not compromised.The CONSLE also discussed a consultant’s report on the management framework for crime and security in the region and established a committee to further review the report and make recommendations to the Council.Caribbean 360 News Share Tweet NewsRegional Special audit commissioned at IMPACS by: – June 3, 2011 11 Views no discussions Share Share Sharing is caring!
Michael MisickPROVIDENCIALES, Turks and Caicos Islands — According to sources in the Haitian community in the Turks and Caicos Islands (TCI), who tend to exchange information with their friends and relatives in Haiti, former TCI premier Michael Misick (45), who has reportedly sought refuge in the Dominican Republic, may be trying to use matrimony to escape repatriation and prosecution in the TCI. Haiti, which shares the island of Hispaniola with the Dominican Republic, is therefore in close proximity to sources in the Dominican Republic, who claim that Misick has married the daughter of a high ranking Dominican Republic official and therefore is immune from extradition. This would be the third known marriage for Misick.According to earlier reports, the Dominican Republic authorities had previously given assurances to their American and British counterparts that they would hand over Misick if called upon to do so.While this story has yet to be confirmed there is much local concern over the fact that the special investigation and prosecution team (SIPT) has yet to question Misick, who was the central figure in the 2009 Commission of Inquiry into allegations of widespread government corruption. Misick has rarely visited the TCI in recent times and has not been seen here since members of his former administration have been arrested and charged with a number of offences, including money laundering and bribery.One of Misick’s last political moves was to support current Progressive National Party (PNP) leader Clayton Greene in his quest to lead the besieged party in a late 2010 convention. All of the contenders were beneficiaries of the Misick regime and all were known to have supported Misick in the February 2007 elections, less than two years before the British Foreign Affairs Committee began to call for a Commission of Inquiry.Misick is the only member of the PNP to flee justice.Meanwhile, in a newly released press statement, former TCI chief minister turned pastor, Oswald Skippings, has said, “Michael Misick was neither the master or the mind that masterminded such an diabolical plot to take over the Crown land and all other tangible assets of the Turks and Caicos people and milk its coffers dry.”The former member of the Peoples Democratic Movement (PDM) executive council and now party stalwart, who last served as deputy leader under Floyd Seymour, did not explain who in his opinion did mastermind the massive sale of Crown land and make the large and expensive loans for the hospitals, other large operating loans, approve purchases of millions of dollars worth of pavement and other government projects without the ability to pay for them.Skippings does, however, appear to contradict himself and charge both past politicians and administrators, saying, “Yes, some of the poor past politicians and administrators are guilty of some infractions and I might add with the help and collusion of executives of the Foreign and Commonwealth Office (FCO) who are no less guilty, including British governors and British appointed governors.”Skippings, who was once TCI’s youngest chief minister, goes on to chide those who continue to support the British takeover, which is now two-and-a-half years old. When the FCO first announced the need for an interim government, they anticipated two years of direct rule more or less.“The situation is such that even its [the direct rule government] once most ardent supporters and sympathizers have lost all confidence in this British regime, with the exception of a few like minded privileged sympathizers who are reaping where they have not sown and arbitrarily calling the shots at Waterloo [the governor’s residence on Grand Turk],” said SkippingsFinally, Skippings goes on to warn that the people of the TCI will soon emerge from an inactive submissive state to contest the continuation of British direct rule. Skippings did not call for any financial assistance, despite the wide spread discontent over massively increased taxation needed to address the large and increasing debts, as well as health care costs.By Caribbean News Now contributor Share 20 Views no discussions NewsRegional Former Turks and Caicos premier seeks immunity by: – February 27, 2012 Tweet Share Share Sharing is caring!
The Blues boss presented his end-of-season report to the Chelsea hierarchy on Monday, detailing his thoughts on all matters relating to the first-team squad. Definitive decisions on goalkeeper Thibaut Courtois, striker Romelu Lukaku and the others who spent time away from Chelsea this season will wait until after training resumes on July 8. Courtois has impressed in his third consecutive season on loan at Atletico Madrid, helping the Spaniards to the May 24 Champions League final at the expense of his parent club, and could put pressure on Petr Cech as Chelsea number one. Lukaku spent a second straight season on loan in the Premier League, scoring 17 goals for Everton – a tally greater than any of the strikers who remained at Stamford Bridge. Others will also be looked at closely by Mourinho, including Victor Moses, who spent the season at Liverpool, and Marko Marin, who helped Sevilla to win the Europa League. After Chelsea’s final home game of the season, Mourinho insisted there was no rush to make decisions relating to his squad. Tellingly, though, captain John Terry signed a one-year contract extension 24 hours after Mourinho’s report was submitted. The fates of record goalscorer Frank Lampard and left-back Ashley Cole are still to be clarified, with their contracts expiring imminently. Chelsea manager Jose Mourinho will wait until pre-season before determining the futures of his loan stars. Press Association
USC hosted HackSC, a student-run 36-hour hackathon that promotes quick learning and rapid prototyping this weekend at the Annenberg School for Communication and Journalism.High flying · Harris Christiansen, a freshman at Purdue University, presents the iDrone at HackSC, which was held at USC this weekend. – Mariya Dondonyan | Daily TrojanWith over 700 participants, including students from Stanford and the University of California Berkeley, HackSC was the biggest hackathon ever held on the USC campus. Participants had access to a variety of resources, including hardware and software tools, and were encouraged to build applications in the fields of game, iOS, Android, web and hardware.“We wanted to create a community for people who are interested in creating apps and all these projects and who are interested in computer science,” said Ruyan Chen, a junior majoring in computer science who led the marketing efforts for the event.She said the goal of HackSC is to build a supportive hacker community in the Southern California area.“We feel like SoCal is going to be a region where tech is growing really fast, so we want to help it move along the right direction,” Chen said.The weekend-long hackathon began on Friday evening with keynote speaker Pamela Fox, who creates programming curriculum at Khan Academy to teach the next generation of computer science programmers. Fox is a graduate of USC’s computer science department and has worked at Coursera and Google.After the opening ceremony, participants were able to form teams and pitch ideas to the mentors sent by the industry sponsors of the event. The event also hosted workshops in multiple fields of leading technology, including game development and hardware.“We started Hacker SChool, which was targeted at new hackers who want to build products in the five major domains, whether it’s iOS, Android, games, web or hardware,” said junior Brian Kim, a founder of HackSC. “The goal was for the participants to learn the full process of building an app after the five hours of training.”Calvin LeGassick, a project lead for HackSC and a sophomore majoring in computer science and electrical engineering, said he wants to continue Hack SChool for the next year because it’s never been done before at a hackathon and that it did exactly what he and the planning team wanted it to do.“The feedback we got from the students was that they were able to build cool stuff afterwards, and that’s what the event is about. We want to expand it next year and make sure that all the workshops we did this year are better and more interactive, as well as adding another workshop about 3D printing,” LeGassick said.LeGassick hopes to expand the hackathon to students in other majors as well.“Right now, hackathons are primarily for computer science students,” he said. “Something that we’re interested in opening up is for hackathons to be a place to build cool stuff, and that doesn’t necessarily mean software.”HackSC had over 1,800 people register, but the coordinators had to cut down on the number of participants due to the limited space and budget.“Though we are bigger than most hackathons, we are still trying to keep the small hackathon feeling in which people are supported and cared for,” Kim said.Kim said the current computer science curriculum is too theoretical and not application-oriented enough.“Currently, the computer science curriculum is very theoretical, and it’s very important to have the foundational basis, but if you’re supplementing that with real-life building for [actual] users, that’s extremely important. And that’s definitely something that’s under-emphasized and something we want to bring up,” Kim said.Robert Hernandez, an assistant professor of professional practice at the Annenberg School, was one of the faculty advisors for HackSC.“I helped mentor two teams that [were] composed of Annenberg students and who never have done hackathons before,” Hernandez said. “It’s really important for us to be involved in this movement and to also host it as much as we can.”Hernandez said the hackathon fostered teamwork, collaboration and problem solving, which are skills necessary to succeed in today’s society.“It’s working under a deadline, it’s problem solving, it’s learning digital skills and applying them, and also coming up with solutions that they didn’t think was possible,” he said. “These are important skills that you don’t necessarily get out of the classroom. This is a different type of environment that should be part of our toolbox and curriculum.”Samir Ghosh, a freshman majoring in cognitive science, was a first-time participant at the hackathon.“My project is called Beatbot, and it’s a dynamic drum machine that follows you as you play the guitar,” Ghosh said. “So as you speed up or slow down it keeps tempo with you.”He and his team used a Myo, which is a motion control and gesture control armband bracelet that utilizes arm muscle activity to control digital devices over Bluetooth, and an Arduino to show a light display of the beat.“I think events like HackSC will inspire a culture of innovation at USC. We have a ton of brilliant minds, and it’s really cool to see what happens when you put creative people together,” Ghosh said.
Published on October 18, 2015 at 6:09 pm Contact Tomer: firstname.lastname@example.org | @tomer_langer Facebook Twitter Google+ Head Coach Phil Wheddon hadn’t even sat down yet, but he was already excited. After constantly citing his team’s need for a fast start — Syracuse hadn’t scored once in three weeks —Wheddon got exactly what he wanted. The Orange scored a less than a minute into the match.SU’s (5-10-1, 1-6-0 Atlantic Coast) offensive execution was the key component in the 3-0 win over North Carolina State (4-11-0, 0-6 ACC) on Sunday at SU Soccer Stadium.“It was great for the team to come out and get a quick goal like that,” Wheddon said. “…I was very happy for us that we were able to score the goal and settle down into a little bit of a rhythm.”Coming into the match, the Orange was in the midst of an offensive drought. The last time SU had scored was in a 3-1 loss to Virginia Tech on Sept. 27. The team’s goalless streak spanned over four games.Within 50 seconds on Sunday, that streak was snapped. Sophomore forward Eva Gordon took a pass and ran with the ball up the right sideline. She launched a ball toward the left goalpost and it landed at the feet of junior midfielder Emma Firenze, who fired it into the back of the net to give the Orange the early lead.AdvertisementThis is placeholder text“I think we really came out very hungry and we wanted to score early, and that was one of our goals, and we did so,” junior forward Stephanie Skilton said.That early goal made Sunday’s game the first time that the Orange held a lead since Sept. 17 against Drexel. The issue that’s plagued SU for most of the season – having to play catch-up after giving up a lead – was nonexistent on Sunday.The Orange added on to its early lead. Junior midfielder Maddie Iozzi possessed the ball on the left side of the field near the Wolfpack baseline. She passed the ball toward the middle of the field that hit off a defender and found its way to Skilton, who rifled the ball in to make it a 2-0 game.Coming out of the half, the Syracuse players looked ecstatic. Goalkeeper Courtney Brosnan was grinning cheek-to-cheek in the team huddle before resuming play.The Orange got out to another fast start in the second half. Just over a minute into the half, Alex Lamontagne took the ball down the left sideline, made a nifty inside move and kicked the ball toward the goal. The goalie deflected the ball, but Eva Gordon recovered, turned and fired into an empty portion of the net for a 3-0 SU lead.“Coach told us to come out strong … put the third goal away early so we set the tone,” Gordon said. “We didn’t want a 2-1 game in the second half,” Gordon said.Two of the goals the Orange scored came off of deflections in the box. Being in the right place to capitalize on rebounds was something the practiced over the course of the week.“It’s happened to us consistently throughout the year where a ball is served into box and its not the first person, the first runner that often scores it, it’s the second or third,” Wheddon said. “… We’ve been really working on trying to get more numbers into the box, and I thought today we did a very good job at that.”With a six-game losing streak now over, Wheddon wants his team to focus on continuing to play well and win the final three games of the season. Still, he acknowledged that this win could help the team morale.“Today was definitely a good day to get the win,” Gordon said.“We needed it.” Comments
Facebook Twitter Google+ Published on October 18, 2019 at 10:51 pm Contact Josh: email@example.com | @Schafer_44 Clayton Welch ran a lot on Friday night. He ran because Syracuse needed a spark, and his quarterback keepers jump started a drive. He ran because Taj Harris was in the end zone some 94-yards away and needed someone to celebrate a touchdown with. He ran because the pass rush was closing in. And that’s when he stopped.Welch had nowhere to hide. The white jerseys of Pittsburgh defenders were seeping into the backfield once more and there was no escaping that mess. “They brought the house on Tommy,” Welch said. “They brought the house on the me. I don’t think they changed much.”Syracuse fell to Pittsburgh (5-2, 2-1 Atlantic Coast) in the Carrier Dome, 27-20, allowing nine sacks in the process. It’s the most sacks allowed by the Orange since a 2013 matchup with Clemson and puts SU two sacks behind its season total in 2018 through seven games. Syracuse (3-4, 0-3 Atlantic Coast) clawed for 328 yards, including Welch’s 94-yard heave. The offense finished 5-of-18 on third down. “Right now everybody’s job is in jeopardy,” Syracuse head coach Dino Babers said. “We’re going to go through the tape and if guys haven’t done the type of job they need to do then we need to start getting some other guys in there. It’s not fair to keep playing the same guys if the results don’t change…the other guys have to be good too. It’s not intramurals.”AdvertisementThis is placeholder textMax Freund | Staff PhotographerSyracuse entered this game at 3-3, stuck between a team that’s shown glimpses of hope on the defensive side of the ball while playing paralyzingly bad on offense. The Orange, perhaps more than it needed a win, needed to show life. Could the offensive line keep the quarterback upright? Could the offense finally move the ball consistently? Against Pittsburgh, the Orange offense flatlined with a few brief jumps in the cardiac monitor. Syracuse’s first two drives ended in sacks and the third should’ve ended on a quarterback hurry, had Pitt not dropped the ensuing punt. The pressure, as it had a week ago against NC State, came from blitzes all over the pocket. DeVito didn’t have room to maneuver, often shifting past the first rusher only to find a second defender looming elsewhere. When the offense needed a spark, it turned to Welch and designed quarterback runs. His first scamper — a fake jet sweep that he kept up the middle — went for 26 yards on third down. His next went for 18 and another third down conversion. Then, the collapsing pocket found Welch, too, leaving him 8-of-20 for 176 yards and two touchdowns at the game’s end. In the third quarter, the hits had piled up on DeVito, who entered the game as he had the week before, with additional padding over his ribs. On his final play of the game in the third quarter, DeVito once again tried to avoid the rush. He ran three yards past the line of scrimmage before his lowered shoulder collided with Pittsburgh defensive back Paris Ford’s lowered shoulder. The ball popped loose. DeVito lay motionless on the turf. He slowly rose up without the help of trainers and jogged off the field where he was eventually evaluated in the medical tent. DeVito was cleared to come back in the game medically, Babers said. But Babers didn’t want to see DeVito hit anymore. “You’ve done enough for this one,” he said to DeVito. A third down heave from inside the Syracuse end zone provided the games’ lone spark. Welch, with a defender running unblocked at him, slung a deep pass to Harris for a 94-yard touchdown. The next drive ended with a quarterback hurry and an incompletion. Syracuse just wasn’t opportunistic. With a trick play looming — a handoff to a tight end Aaron Hackett — Syracuse was called for a false start. Then, another sack set the Orange back and a drive headlined by three penalties in the Pitt secondary ended in a missed field goal.“We’ve been close but we need to clean up stuff,” guard Evan Adams said. “Me myself, I had false start today. That’s inches that we could’ve used.”Max Freund | Staff PhotographerThe mishaps came on defense, too. A personal foul call extended a Pittsburgh drive into field goal range and the Panthers capitalized. The Orange made contact with running back A.J. Davis ahead of the final third down carry but couldn’t get him to fall. The first down all but ended Syracuse’s game. “We need to regroup,” Babers said. “We need to go back and we really need to check ourselves. And we will do that as a family. Then we will come out and try to do a lot better than what we’ve been doing.”Last week, it was a double pass that gave an otherwise stagnant opposing offense life. This week, it was a triple pass. Last week, Syracuse turned to the wildcat offense and direct snaps to running back Abdul Adams. This week, SU elicited similar duties to backup quarterback Welch. Last week, Syracuse scrambled back to nearly salvage a dismal offensive outing at North Carolina State. This week, it was nearly identical, if not worse.And so the Orange left the field losers by one score for the second week in a row, though the issues loom deeper. Like a disease, the symptoms are repetitive. They’re worsening. If the Orange are to turnaround their slipping season, they need an antidote. Comments
The other semi-final has Ardscoil Rís up against Presentation Brothers College of Cork. The draw has been made for the semi-finals of the Munster Senior Schools Cup with Rockwell up against surprise package Glenstal.The Limerick outfit beat 3-in-a-row chasing Crescent in yesterdays quarter final.Rockwell saw off the challenge of St Munchins in Clanwilliam earlier this week.