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Wednesday people roundup [updated]

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first_imgHermes Fund Managers – Diego Mauro has been appointed as director and senior investment analyst for Asia. He joins from Legg Mason International Equities, where he has been working as a global emerging market analyst, with a particular focus on Asia. Before then, he worked for the Central Bank of Argentina on its fixed income portfolio.Saxo Bank – Matteo Cassina has been appointed to the newly created position of global head of institutional business, based in London. Cassina has served as head of prime access SM at Goldman Sachs and head of total trader at Merrill Lynch. He later served as president of Citadel Execution Services.Skagen Funds – Johan Swahn has joined as a portfolio manager in the Global team. He joins from Stena in Gothenburg, where he has been working since 2008 as an investment manager of Stena Long Term Equity, a global, long-only mandate. Before then, he held sell-side analyst roles at Morgan Stanley, Handelsbanken Capital Markets and UBS Warburg. March Gestión de Fondos – The investment fund manager of Spain’s Banca March has appointed Antonio Lopez Silvestre as equities fund manager responsible for the selection of Spanish and European companies. He joins from Exane BNP Paribas, where he was equity research analyst and head of Spanish mid-caps. Before then, he was head of research at Fortis Bank in Spain.Deutsche Asset & Wealth Management (DeAWM) – Hugo Vere has been appointed director of the real estate investment business. He has held a number of roles including establishing and leading Invista Real Estate’s Asian fund management business based in Hong Kong. During the last year, he has been a consultant to Guidance Investments. He is also an associate member of the Royal Institution of Chartered Surveyors.Santander Asset Management – Adam Harnetty has been appointed head of credit research for European fixed income. Harnetty has more than 25 years’ experience, working at Schroders, Invesco, BNP, Kleinwort Benson and Ernst & Young. Elo Mutual Pension, Mercer, Muse Advisory, Hermes, Saxo Bank, Skagen, March Gestión de Fondos, DeAWM, Santander AMElo Mutual Pension Insurance – Hanna Hiidenpalo has been confirmed as chief investment officer of the new Finnish pensions mutual, formed following the merger of Pension Fennia and LocalTapiola at the beginning of the year. Eeva Grannenfelt, previously Hiidenpalo’s counterpart at Fennia, was named director of corporate lending, alternative investments and macro view at a meeting of Elo’s board of directors in early January. Grannenfelt’s former head of real estate, Timo Stenius, has assumed responsibility for property at Elo and Jonna Ryhänen has retained her role as head of securities, previously held at Tapiola. Hiidenpalo, Grannenfelt, Stenius and Ryhänen will further all sit on the mutual’s executive investment board alongside chief executive Lasse Heiniö.Mercer – The consultancy has announced that its UK board now includes four women following the appointment of Siobhan Martin as UK HR director and Martine Ferland as leader of its retirement business in Europe. They join Fiona Dunsire, UK chief executive, and Jane Barker, chairman at Marsh, a non-executive director and chief executive of Equitas. Mercer’s UK Board is led by Sir Peter Middleton, a former group chairman of Barclays.Muse Advisory – The pensions governance and administration consultancy has appointed Ian McQuade as client director. He joins from Towers Watson, where he was a senior consultant in the benefits practice and part of the UK defined contribution leadership team. Before then, he was head of management consulting at Higham Dunnett Shaw, and operations director at Capita Hartshead.last_img read more

Dutch Senate approves financial assessment framework for pensions

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first_imgThe Dutch Senate has voted to approve the Netherlands’ new financial assessment framework (FTK) for pension funds.A roll call vote indicated that 40 of the 71 senators present were in favour.The vote came after Jetta Klijnsma, state secretary for pensions, made concessions in response to the Senate’s concerns regarding the low discount rate pension schemes are obliged to use.EIOPA, the European pensions and insurance supervisor, is scheduled to present an ultimate forward rate (UFR) for insurers in February, and many Dutch parties had indicated they would rather wait for this before introducing a new UFR for pension schemes. Klijnsma discussed their concerns with the Dutch regulator (DNB), which is responsible for determining the interest rate curve – including the UFR.The DNB said it would take the Senate’s wishes into account in its decision, according to Klijnsma.She did, however, stress that the final decision regarding the UFR would be the DNB’s alone to make.She also pointed out that it was up to the regulator to decide how the UFR for Dutch pension funds should relate to the UFR for European insurance companies.Various parties in the Senate had requested that the DNB seek the advice of a broad range of national and international experts on the issue.In response to widely shared concerns in the industry that pension funds could be trapped in low-risk strategies without much chance of recovery, schemes with solvency rates above the legally required minimum but below the minimum buffer requirement will be given a one-off chance to adjust their strategies and increase risk levels.From the outset of the debate, however, Klijnsma rejected requests to soften the strict rules governing indexation.“There is no way pension funds will grant indexation with an average solvency rate of 105% and a real funding level of 80%,” she said.According to Klijnsma, the real funding rate of 80% would translate to a shortfall of €200bn.The new financial rules will be reviewed after three years, as the Senate requested.last_img read more

Too young to strut their stuff on the catwalk?

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first_imgSunday Star Times 20 Jan 2013Across the nation, kids are strutting their stuff. Toddlers twirl, 5-year-old boys pump their biceps like skinny mini-Arnies and pubescent 11-year-olds strike hand-on-hip model poses. From Timaru’s Caroline Bay, to Oakura Bay in Taranaki, to Northland’s Glinks Gully, January is beach carnival season, and alongside the sausage sizzles, sandcastle competitions and treasure hunts, there’s almost always a beauty contest. But is it harmless fun to anoint 10-year-olds as Miss Glinks Gully or Junior Mr Muscles Opunake? Or are we on the slippery slope that ends in the creepy swamp of American-style under-age pageants where mentally unstable stage moms dress their toddlers like drag queens and sit in the audience mouthing the words of their songs?…..Auckland child psychologist Rebecca Daly-Peoples doesn’t see beach pageants as the end of civilisation. All the same, they’re another facet of the pressures placed on young people, especially women, to see themselves as sexual objects, and to overrate physical appearance. “Anything that sexualises children is not good,” says Daly-Peoples. “Kids are getting bombarded enough, particularly by music videos.” The daft parts of the carnivals – cute toddlers having a twirl, or 8-year-old boys striking a body-builder pose – strike Daly-Peoples as innocuous (“Even back in the 1950s you’d have beautiful-baby competitions”) but when the competitors are pubertal girls of 10 or 11 being judged for their physical beauty, she’s uncomfortable. “There are enough body-image issues out there already, without sanctioning it in the community.” It’s one thing for a young girl to want to dress up and totter around home in her mum’s high heels, says Daly-Peoples, but it’s quite another to put that child up on a stage to be judged. Obviously, taking part in a lighthearted seaside beauty contest won’t mean you’re doomed to get an eating disorder, but “everyone’s affected by the images we’re bombarded with”, and the longer we can protect our kids from that, the better, says Daly-Peoples.http://www.stuff.co.nz/national/8199944/Too-young-to-strut-their-stuff-on-the-catwalklast_img read more

Republic Bank (Grenada) Ltd Captures 2011 ECCU Best Corporate Citizen Award

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first_img Share 127 Views   no discussions Sharing is caring! Share Sharecenter_img Representative of the Republic Bank (Grenada) Ltd receiving the 2011 Best Corporate Citizen Award The Republic Bank (Grenada) Ltd has received the 2011 Best Corporate Citizen Award Among Commercial Banks for its outstanding contribution to the overall development and well-being of the Eastern Caribbean Currency Union (ECCU). The Eastern Caribbean Central Bank (ECCB) initiated the Best Corporate Citizen Awards Among ECCU Commercial Banks in 1997. The awards recognise those banks which implement, support and participate in initiatives that contribute to the development of the people and communities in which they operate. Good Corporate Citizen Awards are presented to the banks that are adjudged to have executed their corporate social responsibilities to the highest level in the areas of: Educational Development; Community Outreach and Social Services; Environmental Awareness; Sports; Cultural Development; Customer Service; and Financial Education and Empowerment. The Best Corporate Citizen Award is presented to the bank which demonstrates outstanding contribution to the social development of the ECCU through human resource development and sustained community outreach.The Republic Bank (Grenada) Ltd also received the Good Corporate Citizen Awards for Environmental Awareness, Sports, and Customer Service. Winners with Governor and Deputy Governor of ECCBThe other banks which received Good Corporate Citizen Awards were:•Bank of Saint Lucia Ltd, which, captured the Good Corporate Citizen Awards for Educational Development and Cultural Development; •Antigua Commercial Bank, which received the Good Corporate Citizen Award for Community Outreach and Social Services; and• Bank of Nova Scotia (Antigua), which received the Good Corporate Citizen Award for Financial Education and Empowerment.Twelve of the commercial banks which operate within the ECCU submitted entries for consideration. The award ceremony was held at the ECCB Headquarters, St Kitts and Nevis, on 2 November, following the presentation of the 16th Sir Arthur Lewis Memorial Lecture. Press Release MoneyNewsRegional Republic Bank (Grenada) Ltd Captures 2011 ECCU Best Corporate Citizen Award by: – November 7, 2011 Tweetlast_img read more

Mrs. Shirley Ann (Tingle) Hewitt

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first_imgInterment will follow in the Grandview Memorial Gardens, Madison, Indiana.Friends may call 5:00 pm – 8:00 pm, Monday, January 30, 2017, at the Haskell & Morrison Funeral Home 208 Ferry Street Vevay, Indiana 47043.Memorial contributions may be made to St. Jude Children’s Research Hospital. Cards are available at the funeral home. “For I know the plans I have for you,” says the Lord. “They are plans for good and not for disaster, to give you a future of hope.” Jeremiah 29:11 “You are not stuck in your circumstances, you are positioned for God’s purposes.” These are the quotes Shirley loved. They gave her comfort during this hard time of her life. Shirley Ann (Tingle) Hewitt went to be with her Lord and Savior at 7:20 a.m., Saturday, January 28, 2017 at her residence in Vevay, Indiana, following a courageous battle with her heart and lung disease and cancer. She was surrounded by her family and felt the prayers of many people who loved her dearly. Shirley entered this life on September 5, 1941, in Port Royal, Kentucky, the loving daughter of the late, Gilbert Carroll and Leona (Raisor) Tingle. At the age of three years, the family moved to Brooksburg, Indiana. A short time later, they moved to Green Valley Road near Vevay, Indiana. Shirley was a 1959 graduate of the Vevay High School in Vevay, Indiana. Shirley was united in marriage on December 14, 1962 at the Brooksburg Baptist Church in Brooksburg, Indiana, to David C. Hewitt and to this union arrived a daughter, Tracy Lee and a son, Steven Gary to bless their home. Shirley and David shared over 54 years of marriage together until her death. Shirley was employed as a Clerk for Kirlin’s Hallmark Shop in Madison, Indiana, before she became disabled. She was a former employee for Joyce Shoe in Madison, Indiana and for Wilma Turner’s Dress Shop in Vevay, Indiana. She was also a substitute teacher for the Switzerland County School Corporation. Shirley joined the Braytown Christian Church during her childhood years. When she moved to the Vevay community, she joined the Spring Branch Baptist Church in June 1970 where she was a faithful member. She served the Lord faithfully with her labors and efforts in teaching Sunday school classes, presenting children sermons, and serving as Treasurer and Secretary of Mission Circle and Church Clerk. She helped in any way that she could to impart God’s love for all. Shirley also served her community well. She served on the Switzerland County Public Library Board when the new public library was built in Vevay, Indiana. She organized the Someone Does Care Group in writing letters to servicemen and women during and after the Gulf War. She also served on the American Cancer Society Board for several years. Shirley enjoyed sewing, watching Kentucky basketball, ceramics, quilting, word search puzzles, watching Dale Earnhardt, Jr. race, and visiting with family and friends. An example has been left for each of us whose lives Shirley touched. She was faithful in her responsibilities as a wife and mother. She was faithful in her church attendance. She always had a big smile, a friendly greeting, and she had a powerful grip giving handshakes. When you visited with Shirley, she was always thrilled to see you. She was an example for faithful living; An example to fear God and look to him for comfort and guidance. She loved her Lord and told those around her that she was ready to go home to be with her Lord. Her life was not in vain. She was a friend worth knowing. She will be deeply missed. God prepared a place in His heavenly home for Shirley and He has called her to be with Him forever. She is now in glory where there is no pain, no suffering, no sorrow, and no tears, only the joy of walking and talking with our Lord Jesus Christ. Shirley loved her family and friends very much and never failed to tell them how important they were to her. If she were here today she would tell you to never forget to tell your loved ones how much you love them and to live your life to the fullest! Oh what a great reunion to see Jesus and all my loved ones! To those of you who have not yet made a commitment to Jesus, please know He loves and cares for you. He is waiting with outstretched arms to welcome you home. Please don’t wait until it is too late. I want to see you in Heaven. Just be there when I turn around in Heaven. I want to see your dear faces and spend all eternity with you. It gave me great joy to serve the Risen Savior, the True Living God!Shirley will be deeply missed by her loving husband over 54 years: David C. Hewitt of Vevay, IN; her daughter: Tracy Lee Nelson and her husband: Clayton of Louisville, KY; her son: Steven Gary Hewitt and his wife: Jane of Camden Wyoming, DE; her grandchildren: Lori Hewitt, Travis Hewitt and his wife: Amanda, Cody Nelson and Brandi Nelson; her great-granddaughters: Sophia and Lillian Hewitt; her sister: Shelby Jean Minch-Garland and her husband: Benny of Lamb, IN; her brother: Charles Tingle and his wife: Barb of Milan, IN; her uncle: Orville Tingle of Crestwood, KY; her several nieces, nephews, cousins and a host of friends. She was preceded in death by her parents: Gilbert Carroll Tingle, died December 22, 1991 and Leona (Raisor) Tingle, died May 10, 1976; her brothers: Earl Wayne, James Everett and Donald Lee Tingle; her sisters: Lois Anna Taylor, Leora Carol Marsh and Wilma J. Romans; her niece: Debbie Minch and her nephews: Robert and Mike Tingle.Funeral services will be conducted Tuesday, January 31, 2017, at 11:00 am, by Rev. Howard Wade at the Haskell & Morrison Funeral Home, 208 Ferry Street Vevay, Indiana 47043.last_img read more

AquaTrojans Cool Off Red Devils In Middle School Swimming

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first_imgSunman-Dearborn AquaTrojans remain undefeated after traveling to Richmond Tuesday night.  S-DMS girls won 133-49.  S-DMS Boys won 126-53.Individual winners include: Avery Cox-200 Freestyle; Santiago Schutte-200 Freestyle; Emily Hafertepen-200 IM; Frank Strotman-200 IM, 100 Backstroke; Julia Bulach-50 Freestyle; Luke Jackson-50 Freestyle, 100 Butterfly; Bree Cleary-1 meter diving; Reagan Reany-100 Butterfly, 500 Freestyle; Alexis Brennen-100 Freestyle; Kennedy Shuler-100 Freestyle; Henry Strotman-500 Freestyle.S-DMS won 5/6 relays on Tuesday.The AquaTrojans travel to EIAC rival Connersville on Thursday.    GO AQUATROJANS!!!Courtesy of AquaTrojans Coach Brandon Loveless.last_img read more

Ellsworth, MDI cheer teams compete in Big East championships

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first_imgBAR HARBOR — The Ellsworth and Mount Desert Island competition cheer teams finished second and sixth, respectively, at Saturday’s Big East championships at MDI High School.Ellsworth, which hosted the event last year, finished second behind Hermon, and Old Town, Houlton, Presque Isle and MDI rounded out the top six. Presque Isle and MDI were tied on points, but Presque Isle won the tiebreaker for having what the judges deemed to be a more difficult routine.The next competition for both teams will be the Penobscot Valley Conference championships at 11 a.m. Saturday, Jan. 21, in Caribou.This is placeholder textThis is placeholder textlast_img read more

New Hyderabad FC coach Marquez ready to thrive under pressure

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first_imgKOLKATA: He has big shoes to fill but Hyderabad FC’s new coach Manuel Marquez is ready to take the challenge head on and feels the pressure to perform can bring out the best in him and his side when they take the field in the upcoming season of the Indian Super League (ISL).Former UD Las Palmas coach Marquez was appointed in a hurry after Hyderabad’s preparation for the season was disrupted by Albert Roca’s decision to vacate the role of the head coach and become FC Barcelona first team’s new fitness coach after he was offered the job by the Catalan giants. “When you arrive at a new club, it’s always a big responsibility. We are used to taking over as the new head coach two months before the beginning of the Championship in Spain. In this case, it is quite challenging too. But I know what this project at Hyderabad is exactly and so we are prepared for the season,” Marquez told IANS in an interview on Friday. The newbies of Indian football finished rock-bottom in their debut season last time, managing only 10 points from 18 matches. Since then, the team management joined hands with German football giants Borussia Dortmund (BVB) last month in a bid to strengthen their academy structure as well as guiding the club’s coaches on coaching education. Asked if there will be pressure on the 51-year-old replacing Roca who will now be part of Barcelona first team coaching staff and has also tasted success in Indian football, Marquez said: “I like the pressure. If you have pressure, it means that you are in for a great challenge and I’m sure that our work will be good. We’ll put in a lot of passion and we want our fans to be proud of us. For me, one of the key aspects is that all the people, the fans, players, staff, and the board have to go in the same direction.” Roca guided Bengaluru FC to a historic AFC Cup final in 2016 and also helped the ISL side reach the final of the league. At Hyderabad FC, Roca handpicked the players before his switch to Barcelona. “Yes, Albert chose the players, but they are really good players and all the coaches want these kinds of players in their team,” said Marquez who has worked with a number of top La Liga coaches, including current CD Leganes manager Javier Aguirre and former Barcelona and Real Betis coach Quique Setien. “I know all the staff as well, and Xavi (Gurri) the assistant coach has been with the team in the ISL last season. For me, I will have to surely adapt to India, the habits, the players, etc. But this is the same that happens in every team even in Spain. “When you look at it, it’s not the same to train in Espanyol (Barcelona) and then in Las Palmas (Canary Islands) or even in Croatia. I am sure that we will enjoy this experience and the season will be very good. The only thing that is different this year and season is the coronavirus pandemic, unfortunately. But this problem is present in the entire world, not only in India and we have to learn to co-exist with it.” IANS Also Watch: For Jobs, Assam Youth Compromises COVID Safety Normslast_img read more

Windward Islands Volcanoes facing defeat against Jaguars

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first_imgOPENER Devon Smith adopted a more resolute approach in his second innings but the Guyana Jaguars continued their complete and utter dominance at the end of day two of their ninth-round WICB’s Professional Cricket League Four-day game against the Windward Islands Volcanoes being played at the National Stadium, Providence.The left-handed Smith crafted an unbeaten 60, nevertheless the visitors’ were staring defeat in the face at stumps on Sunday.Having a huge first innings lead of 284 runs, the Jaguars bowlers were able to maintain control and ultimately leave the tourists on 102-5 at the close, still needing another 182 runs to force the Jaguars to bat again.Left-arm spinner Gudakesh Motie picked up two late wickets in his four-over spell, while Romario Shepherd, Sherefane Rutherford and Veerasammy Permaul, were the other successful second innings bowlers for the hosts.Earlier, the hosts added 170 runs to their overnight score before they were bowled out 15 minutes before the tea interval, with left-arm fast bowler Delorn Johnson taking 5-47, his third five-wicket haul. He received valuable support from Kyle Mayers, who claimed 4-88.Keemo Paul (46) and Steven Jacobs (61) frustrated the visitors with an 85-run eight-wicket stand after Johnson and Mayers had struck vital blows in the morning session in which the two-time defending champions lost five wickets for just 62 runs.Resuming at 209-2, the home team lost centurion Assad Fudadin to an inside edge to Johnson. The left-handed Fudadin added 12 to his overnight 113.Mayers then designed a beauty to bowl Leon Johnson (0) before completing an excellent spell, with the wicket of the other overnight batsman Motie.Johnson then claimed the wickets of Rutherford and Anthony Bramble in quick succession, and by lunch the hosts extended their lead to 176 runs.Resuming the post lunch session,Paul and Jacobs stayed put at the crease, mixing caution with some adventure. The pair kept their balance perfectly and timed the ball sweetly on both sides of the wicket.But when the new ball was taken the visitors’ frustration did not last much longer;the right-handed Paul perished almost immediately, edging Johnson behind. His knock lasted for 88 balls, with four fours and a six.Jacobs continued his superb knock to reach his fifth half-century before Mayers wrapped up the innings, with the wickets of Jacobs and Shepherd. The 28-year-old Jacobs struck eight fours in 121 balls at the crease.It was Shepherd who claimed the first wicket of the visitors second innings when he bowled Tyrone Theophile (10). The ball was close to unplayable. It swung very late to clip top of off-stump to leave the tourists a wicket down and still 259 runs behind.Smith and Jerlani Robinson combined for a 42-run partnership but Permaul kept pressure at one end to trapped Robinson in front.Rutherford then held on to a superb return catch to dismissed Andre Fletcher before the 35-year-old Smith completed his half-century.Sunil Ambris and Kevem Hodge both departed shortly after off Motie. Smith, who hit seven fours and a six will resume with Mayers, with the visitors facing an uphill task. Play resumes at 10:00hrs today.SCOREBOARDGUYANA JAGAURS 1st innings (o/n 209-2)R Chandrika c wk b Johnson 35A Fudadin b Johnson 125C Hemraj c wk b Shillingford 54G Motie c Theophile b Mayers 6L Johnson b Mayers 0S Rutherford c Theophile b Johnson 11A Bramble c wk b Johnson 7K Paul c wk b Johnson 46S Jacobs b Mayers 61V Permaul not out 12R Shepherd b Mayers 5Extras: (w-1, nb-6, b-4, lb-7) 17Total: (all out; 112 overs) 379Fall of wickets: 1-107, 2-199, 3-224, 4-225, 5-234, 6-244, 7-247, 8-332Bowling: Johnson 23-7-47-5, Lewis 15-4-56-0, Mayers 22-3-88-4, Shillingford 24-6-70-1, Edward 20-1-71-0, Hodge 4-0-22-0, Theophile 4-0-14-0WINDWARD Islands Volcanoes 2nd inningsD Smith not out 60T Theophile b Shepherd 10J Robinson lbw b Permaul 18A Fletcher c&b Rutherford 5S Ambris c Shepherd b Motie 8K Hodge c Shepherd b Motie 0K Mayers not out 1Total: (for five wickets; 37 overs) 102Fall of wickets: 1-10, 2-67, 3-80, 4-96, 5-100Bowling: Shepherd 6-2-14-1, Jacobs 4-0-14-0, Paul 4-0-22-0, Permaul 11-4-23-1, Rutherford 8-0-26-1, Motie 4-3-3-2last_img read more

Mourinho in More Trouble on and off the Pitch

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first_imgJust when Jose Mourinho thought it could not get any worse for him at Manchester United after last week’s 4-0 drubbing at Chelsea, his team’s season has hit a new low.Though Manchester United was not beaten by Burnley, Mourinho was sent to the stands during the game. The goalless draw however is not an outcome to ease pressure on the manager.The Portuguese was punished by referee Mark Clattenburg after an alleged altercation in the tunnel that saw Mourinho apparently contest the referee’s decision not to give a penalty for Jon Flanagan’s challenge on Matteo Darmian just before the interval.Mourinho, who is already facing an FA charge over his comments about another referee, Anthony Taylor, before the recent visit to Liverpool, could find himself in more trouble, both for what he said to Clattenburg and then for trying to sit in the front row of the stands as the second half began.He was quickly moved to the director’s box where he had a first-class view of his side’s failure to score, and of the sending-off of Ander Herrera, which completed another miserable afternoon at Old Trafford.The midweek victory over a second-string Manchester City in the League Cup will not be enough to spare Mourinho criticism, particularly since star summer signings Paul Pogba and Zlatan Ibrahimovic again failed to show signs of paying back United’s investment.Ibrahimovic endured another blank day, seeing his spectacular acrobatic bicycle kick superbly stopped by Tom Heaton, one of 11 saves Burnley’s keeper — once on United’s books — made.The striker has now gone six games without scoring for the first time in nine years.Incredibly, United had 37 shots in this match, their most in a Premier League game since such statistics were first recorded in 2003-04.But Mourinho was in no mood to justify the performance afterwards, sending his assistant, Rui Faria, to answer questions. “I don’t know what happened,” Faria said about the incident that led to Mourinho’s dismissal.“It is not important what Jose said, what is important is what the referee writes in his report.”Another rule of football decrees that managers who do not succeed in the post-Alex Ferguson era at Manchester United seldom get the time to put matters right. United’s start is now worse than under David Moyes in 2014 and only marginally better than under Louis van Gaal last year.Mourinho will need no reminding of what happened to them.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more