Steady as she goes: Top tips for cautious investors in 2018

Share You might think that this approach will mean you end up with indifferent performance, but history shows that this is not the case, says Andrew Craig, founder of Plain English Finance.Craig quotes US investment writer Harry Browne, who said: “over broad periods of time, the winning investments add more value to the portfolio than the losing investments take away.”Don’t ignore expensive marketsCautious investors can find it tempting to ignore expensive markets, because they think slightly toppy valuations means there is more of a risk, which in turn means you could miss out on the gains.“But when it comes to asset allocation, that’s just not true,” says Ed Smith, head of asset allocation research at Rathbones. In fact, history will tell us that there is absolutely no correlation between price-to-earnings (PE) multiples and the returns achieved over the proceeding 12 months, he says. Tuesday 9 January 2018 2:09 pm whatsapp In the first few days of 2018, markets have surged to all-time highs.Some gutsy investors are throwing caution to the wind by muscling in on these gains, despite warnings that we could see the end of the bull run in the not-so-distant future. “There is a huge misunderstanding between the return and the PE ratio. It’s a good measure for stockpicking – if you want to buy an industrial company, buying a cheaper industrial company rather than an expensive one is a good way to go. But that logic has been extrapolated into asset allocation and that’s not quite right.”Consider every scenarioIt’s also crucial that cautious investors don’t just look at those assets that will simply grow their earnings, but look at those most likely to grow ahead of expectations, according to the asset allocation boss.Smith says you should consider how assets could cope in a range of different scenarios, and if the asset can only exceed growth expectations in the most optimistic, you should avoid that asset.Use automation or trend-following data You’ve also got investment veterans, such as Brewin Dolphin’s Guy Foster, who say 2018 won’t feel anywhere near as benign as last year.Foster reminds cautious investors of the old Buffettism, to “be fearful when others are greedy, and greedy only when others are fearful”. This contrarian view is particularly useful to remember when stock market levels are scaling fresh highs, because a herd mentality can land you in trouble.If you want to take a cautious view on your investments, here are some tips to help you capture the upside, and stop you from being hit hard by a market correction.Own the worldIt might sound obvious, but the easiest thing to do is to own all major asset classes in all geographical regions as inexpensively and tax-efficiently as possible. This can save you from suffering severe losses when one region stagnates. Steady as she goes: Top tips for cautious investors in 2018 Another way to avoid worrying about market crashes is to automate your investments by “smoothing” the returns. “This can be very good for your peace of mind, and tends to improve returns because it removes you from the equation,” says Craig.“Very few professional investors can time markets successfully, and most amateurs are actually hard-wired to buy high and sell low for deeply rooted reasons around human psychology.”Craig also recommends that cautious investors apply a trend-following overlay to their holdings.According to financial data, the positive or negative direction of any market is statistically more likely to continue than to reverse. “This means that, if a share or market has been going up steadily, all other things being equal, there is a good chance it will continue to do so – if only because of the herd mentality of human beings.”Craig suggests using a simple technique that compares the price of your investment today to the 200-day average once a month. “If you’re above the 200-day monthly average, you remain invested. If you’re below, you switch out of that asset and into cash.”Take a look at your bondsFixed income is usually the mainstay of cautious portfolios. However, Brian Dennehy of Fund Expert says the 30-year uptrend in bonds is drawing to a close, which has made it even more difficult to construct a cautious portfolio.Ben Gutteridge, head of fund research at Brewin Dolphin, points to strategic bond funds in particular, which are popular among investors.“These funds need to be analysed by the cautious investor; you need to make sure they’re not full of negative durations and emerging market debt.”Leave it to the expertsOf course, you can also let fund managers pick stocks for you, which is useful if you don’t have the time to do lots of research on companies.However, Dennehy says the problem with a cautious portfolio is that it is, ironically, more difficult to construct than a riskier one.“It is seldom straightforward when selecting funds from the lower risk sectors,” he says, pointing out that many lower risk sectors, such as targeted absolute return, are confusing.Dennehy recommends that cautious investors separate their portfolios into three “buckets”. First, invest in three fixed income or absolute return funds, such as Odey Absolute Return, City Financial Absolute Equity, and Threadneedle European High Yield Bond. Second, choose one fund in the Mixed 0-35 per cent Shares sector, such as JP Morgan’s Global Macro Balanced fund. Third, choose a bricks and mortar property fund like L&G UK Property.While this year might feel uncomfortable to investors, bear in mind that therein lies the opportunity. Katherine Denham whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFitness Engage11 Best Exercises For Killer AbsFitness EngageHouse CoastThis Is Why more and more People Are Wrapping Their feet With Aluminum FoilHouse CoastcarammelloWhat are the top 10 most expensive cat breeds in the world ? – CarammellocarammelloWorldemandAlways Place A Bag On Your Car Mirror When Traveling Alone, Here’s WhyWorldemandGadgetheory39 Of The Most Beautiful Women In HistoryGadgetheoryEducation Degree | Search AdsWant Work with Small Children? An Education Degree is the wayEducation Degree | Search AdsMoneyMorningPaperThe 10 Richest Families Of The World. Especially No. 6 Is A Complete Surprise.MoneyMorningPaperRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest Wowtibgez.comWhat Happens If You Eat 4 Almonds A Daytibgez.com read more

Fastjet’s sales up but its Fly 540 misadventure hits bottom line

first_imgAFRICAN budget airline Fastjet has widened its pre-tax loss for 2014, despite doubling its revenue during the year.Losses including the discontinued businesses of Fly 540 in Angola and Ghana were up to $72m (£46m). Operating loss before exceptionals was $30.7m.Fastjet reported that its core Tanzania operation had an 106 per cent increase in full year revenues to $53.8m. This was helped by an 85 per cent improvement in aircraft utilisation, and a 62 per cent increase in seats flown, critical in the low cost airline model.The carrier, which has received backing from Easyjet founder Stelios Haji-Ioannou, is now looking to expand into Zimbabwe and Zambia.Chief executive Ed Winter said: “Strong underlying traffic growth during the year continues to demonstrate that Fastjet’s low-cost airline model works in the African market.”Shares in Fastjet on Aim, closed 0.86 per cent up yesterday at 115p. Tuesday 2 June 2015 8:49 pm Tags: NULL whatsapp Express KCS Show Comments ▼ Sharecenter_img whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Kevin Can F**k Himself’ TV Review: Annie Murphy Blows Up the Idea of aThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLivestlyThe Best Redhead Actresses, RankedLivestlyTotal PastThis Was Found Hiding In An Oil Painting – Take A Closer LookTotal PastAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic Mirror Fastjet’s sales up but its Fly 540 misadventure hits bottom line last_img read more

Collaboration between the FDA and industry is essential to foster innovation in Alzheimer’s treatments

first_img Log In | Learn More STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Adobe @DrJeffCummings First Opinion Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Collaboration between the FDA and industry is essential to foster innovation in Alzheimer’s treatments By George Vradenburg and Jeffrey Cummings Feb. 8, 2021 Reprints @usagainstalz As the Food and Drug Administration moves closer to a decision about whether to approve a promising new Alzheimer’s treatment, the collaboration between scientists, regulators, and business leaders that produced this encouraging drug has come under fire as a “black eye” for the FDA that “dangerously compromised” its objectivity. This unfortunate charge misconstrues the drug development process and the indispensable partnerships that are needed to deliver new treatments.The drug in question, aducanumab, takes aim at Alzheimer’s disease, the sixth leading cause of death in the U.S. and the only disease in the top 10 that has no cure and no treatment to slow its devastating impact. About 5.7 million Americans already live with Alzheimer’s, a figure projected to triple by 2050. Managing the disease cost the U.S. $305 billion in 2020, and is estimated to rise to $1.1 trillion per year by 2050.center_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. What’s included? Tags agingdrug developmentgovernment agencies What is it? Jeffrey Cummings GET STARTED About the Authors Reprints George Vradenburglast_img read more

Portlaoise Hospital issue statement on future of Chapel of Rest

first_img GAA GAA Midlands Regional Hospital Portlaoise Portlaoise Hospital have released a statement on the future of the Chapel of Rest in the facility.Yesterday, TD Brian Stanley expressed his concern that the Chapel could be turned into an office.The Sinn Fein TD said that a number of constituents had contacted him about this and he called on the HSE and the Department of Health to clarify the situation.Midland Regional Hospital Portlaoise have issued the following statement:They said: “Portlaoise Hospital has an ongoing campus development programme to address immediate and long terms needs of the hospital.“As part of this, the Hospital is exploring ways to better utilise the existing infrastructure to create more improved and additional clinical spaces by relocating office space.“Hospitals do not routinely provide removal services however on occasion (only 3 so far this year and 6 in total last year) families and/or local undertakers have requested the use of the Chapel of Rest.“Should the improvement works commence, the Hospital is aware and has engaged with Community Service at the St Fintan’s Campus who may be able to facilitate such removals, from the church on its grounds, should they be requested in the future. RELATED ARTICLESMORE FROM AUTHOR Previous articleIn Pictures: Anger in Mountmellick as protest against Post Office move beginsNext articleClonaslee College set to wow crowds with their annual play Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Pinterest Twitter Home News Portlaoise Hospital issue statement on future of Chapel of Rest News Pinterest WhatsApp Here are all of Wednesday’s Laois GAA results GAA center_img Facebook WhatsApp Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory By Alan Hartnett – 14th May 2019 Portlaoise Hospital issue statement on future of Chapel of Rest Facebook TAGSPortlaoise Hospital Twitter “The hospital will communicate with all stakeholders on this matter directly.“Mortuary Services at the Hospital have recently been boosted by the announcement of the Irish Hospice Foundation through the Design and Dignity Programme that they are supporting and funding a programme of improvement works at the Hospital.“This involves the upgrading of the mortuary viewing facilities at the hospital which includes the extension of the existing facility and the provision of family waiting area, tea/coffee making facilities and toilet facilities.”SEE ALSO – A legend of Laois retail celebrates 40 years in business 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more

Your full guide to where the Laois Walks Festival is going this week

first_imgHome Sponsored Your full guide to where the Laois Walks Festival is going this… Sponsored WhatsApp MONDAY, JULY 1Abbeyleix, Killamuck BogThis Failte Ireland approved loop features old bog tracks and peaceful wooded lanesMeet: Abbeyleix Manor Hotel car parkTime: 7.30pmDistance: 8kmDifficulty: Grade BLength: 2 hours GAA TUESDAY, JULY 2Dunmore Wood, DurrowAlong woodland paths returning by the banks of the River NoreMeet: Dunmore Wood car parkTime: 7.30pmDistance: 8kmDifficulty: Grade BLength: 2 hoursWEDNESDAY, JULY 3Fossey Mountain, TimahoeThis demanding walk goes up Fossey Mountain and back into the historic village of LaoisMeet: The Goose Green, TimahoeTime: 7.30pmDistance: Difficulty: Grade ALength: 3 hours WhatsApp Here are all of Wednesday’s Laois GAA results The hugely popular Laois Walks Festival gets underway this week with a selection of attractive walks around the county.From the renowned Rock of Dunamaise to Dunmore Wood in Durrow, Emo Court, Abbeyleix Bog, Fossey Mountain in Timahoe and Rickets Rocks in Clonaslee there is something in almost every corner of Laois.They adhere to the ‘Countryside Code’ of leaving no trace, walking in single file and respecting private property and the rural environment.No dogs are allowed. The cost per walk is €3 or you can buy a festival ticket for €30 which covers every walk over the course of the month.For further information contact Susan Lawlor, who is the festival co-ordinator, on 087 2574477 or Peter Maher, who is the Rural Recreation Officer in Laois County Council, on 057 8661900 or group leader Dominic Hartnett on 087 3130504.You can also email [email protected] or visit the Walks Festival section of the Laois Partnership website.Walkers are advised to register 30 minutes prior to the start of each walk and to wear comfortable walking boots/shoes.They are also encouraged to bring raingear, sufficient food and water for the duration of the walk.Grade A – Strenuous; Grade B – Difficult; Grade C – Moderate SATURDAY, JULY 6Rock of Dunamaise/Dysart WoodTake in the wonderful views from the Rock of Dunamaise and stroll along the woodland paths of Dysart Wood.Meet: 2.30pmTime: Dysart Wood car parkDistance: 10kmDifficulty: Grade BLength: 2.5 hoursSUNDAY, JULY 7The Ballagh, DurrowCountry lanes and roads, with views of Mount Leinster and Blackstairs Mountains. Walk along part of the old Bianconi Coach Road.Meet: St Fintan’s Church car parkTime: 2.30pmDistance: 12kmDifficulty: Grade ALength: 3 hoursMONDAY, JULY 8Ricketts Rocks, ClonasleeA mix of minor roads, sandy roadways and forestry tracks up into the Slieve Blooms passing Rickets Rocks waterfallMeet: The Heritage CentreTime: 7.30pmDistance: 12kmDifficulty: Grade BLength: 3 hoursSEE ALSO – Your full list of what’s on throughout July on the Laois Walks Festival 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Facebook Your full guide to where the Laois Walks Festival is going this week THURSDAY, JULY 4Emo Court DemesneA circuit of Emo Court Demesne (second largest walled park in Europe) passing forest plantations, fields and Emo Court gardens itselfMeet: Community Centre, GAA car parkTime: 7.30pmDistance: 8kmDifficulty: Grade BLength: 2 hours Twitter RELATED ARTICLESMORE FROM AUTHOR By LaoisToday Reporter – 1st July 2019 Pinterest Previous articleIn Pictures: Joyous scenes as Laois hurlers and supporters celebrate Joe McDonagh triumphNext articleREVEALED: Laois footballers All-Ireland Round 4 Qualifier opponents confirmed LaoisToday Reporter Pinterest Facebook Twitter GAA GAA Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory TAGSLaois Walks Festival last_img read more

Kind-hearted Laois person hands in wallet to Portlaoise Garda Station

first_img Facebook Kind-hearted Laois person hands in wallet to Portlaoise Garda Station Pinterest Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Pinterest Here are all of Wednesday’s Laois GAA results Twitter By LaoisToday Reporter – 29th October 2019 Facebook WhatsApp Twitter RELATED ARTICLESMORE FROM AUTHOR GAA Home News Kind-hearted Laois person hands in wallet to Portlaoise Garda Station News GAA They say that good Samaritans are hard to find – but we have a story here of one very honest one.Back on Sunday, a Laois man lost his wallet which contained a substantial sum of money as illustrated in the picture above.However, it was picked up near Portlaoise Hospital but a good Samaritan who then handed it into the Garda Station.The Laois/Offaly Garda Siochana Facebook page posted the good news up and it received a huge reaction.Speaking about it, Laois/Offaly Crime Prevention Officer Graham Kavanagh described it as ‘an incredible act of kindness’.Graham said: “The wallet was lost on Sunday morning and was handed into to the station a short time later.“There is a substantial sum inside of it and it was returned to a very relieved and grateful owner.“It is heartening to see honesty at work.”SEE ALSO – In Pictures: Four teachers celebrated for remarkable service and dedication to Laois school WhatsApp Previous articleJOB VACANCY: Portlaoise Golf Club Require Weekend StaffNext articleCuisle Centre Cancer Support set to appear on popular TV show LaoisToday Reporter TAGSwallet GAA 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more

TSX higher amid solid earnings

first_imgMalcolm Morrison TSX gets lift from financials, U.S. markets rise to highest since March Related news Share this article and your comments with peers on social media Toronto stock market dips on weakness in the energy and financials sectors Facebook LinkedIn Twittercenter_img The Canadian dollar was off 0.36 of a cent to 91.73 cents US. U.S. markets were mixed after the Fed ended its policy meeting with word that it is continuing to pare its monthly bond purchases. They have been intended to keep long-term borrowing rates low and are set to end in October. The Fed reiterated that it will keep short-term rates low “for a considerable time” after those bond purchases end. Most economists think a rate increase is about a year away. The Dow Jones industrials dipped 31.75 points to 16,880.36, while the Nasdaq gained 20.2 points to 4,462.9 and the S&P 500 index edged up 0.12 of a point to 1,970.07. Strong economic growth data had raised concerns the Fed could act sooner to raise rates. Gross domestic product grew by a better-than-expected annual pace of four per cent in the second quarter. The contraction of the economy in the January-March period because of severe winter weather was also revised to 2.1 per cent from 2.9 per cent. “It really answers how constructive the Fed’s quantitative easing has been, whether this huge intervention had a positive effect on the economy and the answer is yes,” said Monika Skiba, senior portfolio manager at Manulife Asset Management. Two days before the release of the American government’s employment report for July, payroll firm ADP reported that 218,000 jobs were created in the private sector during the month, short of the 235,000 print that was expected. Analysts looked for the U.S. government report to show that about 230,000 jobs were created during July. Meanwhile, Cenovus Energy Inc. (TSX:CVE) shares gained 80 cents to $33.61 as the company more than tripled its second-quarter net earnings to $615 million or 81 cents per share as it benefited from increased oil production and higher commodity prices. “Since the price of the commodity has been strong, the earnings of the companies are reflecting that, they’re better than expected,” added Skiba. “But beyond this, we’re probably at the stage where higher prices would be negative for economic growth.” Meanwhile, Sherritt International Inc. (TSX:S) reported a quarterly loss of $30.1 million or 10 cents a share, mainly due to startup costs at its Ambatovy joint venture nickel and cobalt mine in Madagascar. But its shares were ahead 17 cents to $4.61. The loss came as prices for nickel and cobalt continued to improve as many anticipate nickel shortages due to an Indonesian mineral export ban on raw ore exports. In the U.S., shares in Twitter surged 20 per cent after the social network’s earnings blew past expectations. September copper was ahead two cents at US$3.24 a pound and the base metals sector rose 0.77 per cent. The TSX energy sector was ahead 0.47 per cent as September crude declined 70 cents to US$100.27. A major decliner was Penn West Petroleum (TSX:PWT). Its shares plunged 13.78 per cent to $8.57 after the company announced it’s reviewing its accounting practices going back several years and will have to restate some of its past financial reports. September bullion was off $3.60 to US$1,296.90 an ounce. The Toronto stock market advanced Wednesday, powered by solid earnings and an indication from the U.S. Federal Reserve that it is in no rush to raise interest rates. The S&P/TSX composite index closed up 78.27 points to 15,524.82. Keywords Marketwatch S&P/TSX composite hits highest close since March on strength of financials sectorlast_img read more

PSDP to Embark on Second Phase

first_imgPSDP to Embark on Second Phase UncategorizedMay 16, 2007 RelatedPSDP to Embark on Second Phase RelatedPSDP to Embark on Second Phase RelatedPSDP to Embark on Second Phasecenter_img FacebookTwitterWhatsAppEmail Within the next two weeks, the European Union/Government of Jamaica Private Sector Development Programme (PSDP) will be embarking on its second phase, which will see the adaptation of the cluster and sector initiative. This phase of the programme was developed as a means of providing a more holistic and wide ranging assistance to micro, small and medium sized enterprises.The cluster approach seeks to foster new ways of conducting business through encouraged partnerships and collaborations of organizations working in a particular area.Being a part of the cluster will facilitate stronger linkages with a wide range of organizations and allows for the sharing of ideas and information relating specifically to marketing and operations, technical skills and facilitate greater access to international donor agencies.In an interview with JIS News, Project Manager of the PSDP, Delanie Morgan said that private sector organizations would be invited to submit proposals for cluster development activities in four target sectors.“The four sectors that the PSDP will be targeting are the creative industries, tourism, agri-business and the tourism sector,” she pointed out.It is anticipated that the interconnection between businesses will build trust and also encourage networking as well as the pooling of resources. “The whole cluster approach is really encouraging companies, support institutions and all the critical entities along similar value chains which have common interests, to collaborate on various activities that will enhance the competitiveness of the group,” the Project Manager explained.“At the end of the day, we are hoping to support a maximum of 10 clusters going forward between now and the end of the programme in 2009,” she informed. Advertisementslast_img read more

JIPO Paves Way for Growth by Protecting Intellectual Property Rights

first_imgFacebookTwitterWhatsAppEmail ‘Paving the way to growth and development through the protection of intellectual property rights,’ is the mantra that characterises the Jamaica Intellectual Property Office (JIPO), the agency responsible for the administration of intellectual property rights in Jamaica.Established in January 2001, JIPO, which falls under the Ministry of Industry, Investment and Commerce, has the critical mandate of administering intellectual property systems in Jamaica in the areas of: Trade Marks; Industrial Designs and Geographical Indications; Copyright and Related Rights: Patent; New Plant Varieties; and Layout-Designs (Topographies).Since its inception, JIPO has undertaken several activities to enhance the development and protection of intellectual property rights in Jamaica.Speaking with JIS News, Executive Director at JIPO, Carol Simpson, says that JIPO’s primary focus is implementing the legal framework for the protection of intellectual property rights, heightening public awareness and working in partnership with various agencies to ensure the protection of Jamaica’s intellectual property rights.Copyright, she points out, is the protection of the legal rights of creators in their literary, artistic, musical, dramatic works; computer programmes; and architectural designs.Trademarks, she outlines, is a distinctive sign that distinguishes the product of one enterprise from another, while patents has to do with the right that an inventor or innovator has.“There is also the protection of geographical indications, which is the protection of products based on their geographic origin,” the Executive Director told JIS News. She adds that Blue Mountain coffee, Jamaican rum and jerk are just some of the products that fit in this category.Miss Simpson points out that a wide cross section of the public utilises the services of the Office, including companies; small business interests; entertainers; lawyers representing individuals and entities; creators; and inventors and designers.“Many of the persons who come in, are those who want to register their trademark. They might have a product or service that they offer to the public that they might want to register. Other persons come for copyright information, seeking how they should go about protecting their works under the copyright system,” she outlines.Additionally, she notes that other persons come in seeking information about collecting societies that can assist them, while there are students who visit to get information on intellectual property issues which they might be researching.Highlighting the trademark registration process, Miss Simpson explains that firstly, an application to register a trademark must be filed at the Trade Marks & Designs Directorate of JIPO, on a specific form called TM1.The application must contain a clear reproduction of the Mark being filed for registration, including any colours, forms, or three-dimensional features and should also contain a list of the goods and/or services to which the Mark will apply.Miss Simpson also says that it is recommended that an applicant conducts a preliminary search and examination at JIPO, to ensure that the Mark for the goods and/or services which he/she is applying for, is not the same as, or similar to a Mark already registered, as this would prevent the applicant’s Mark from being registered.In terms of payments, she notes that the Trade Mark fee is payable in two stages: $3,500, upon application to register; and additional payments when the mark is accepted for registration. On acceptance, $1,320 is also required for advertising the Mark in the Jamaica Gazette, and $3,500.00 for actual registration.On the matter of enforcement of intellectual property rights and protection, she says that there is an intellectual property unit within the Organised Crime Investigation Division of the Police Force, which investigates complaints that are made in relation to the piracy of CDs and DVDs, or any intellectual property infringements which may exist.“We are also fortunate to have in Jamaica, three collective administrations of rights which are societies that represent various creative groups,” Miss Simpson says.These societies are: Jamaica Copyright Licensing Agency (JAMCOPY), representing authors of literary works; Jamaica Association of Composers, Authors and Publishers (JCAP), which represents songwriters and music publishers; and Jamaica Music Society (JAMMS), which represents producers of sound recording.JIPO also assists the World Intellectual Property Organisation (WIPO), she relates to JIS News, to establish a regional system for the music society called the Caribbean Copyright Link. This society is a cost effective way of assisting with the distribution of royalties to the various songwriters and music publishers within the Caribbean.“Our creators, therefore, based on this framework, are able to earn royalties whenever their work is used locally or internationally,” Miss Simpson states.Discussions, at the international level, are currently taking place regarding the protection of traditional knowledge, traditional cultural expressions and folklore.“There is no international instrument that now protects these areas, however we are in discussions at the international level to come up with some international treaty or norm that will protect the expressions of our traditional culture,” she points out.She adds that locally, JIPO has been working with the maroons and the Rastafarian community in this regard.In terms of other day-to-day services, Miss Simpson says that the Office works closely with sister agencies, particularly the Jamaica Business Development Corporation (JBDC), by conducting workshops and training sessions for their clients within the micro, small and medium enterprise (MSME) sector.“We give them legal guidance and once they have an idea for a product or service to be offered to the public, we talk to them about how to protect the creative expressions that will result from these ideas,” the Executive Director tells JIS News.Miss Simpson adds that JIPO has been carrying out an extensive public education campaign islandwide, and has plans to develop a curriculum for intellectual property within the teachers’ colleges.“Intellectual property rights affect our lives every single day. We are in touch with the creative world one way or another whether the entertainment aspect, the music, the literary, the computer programme that we use in our daily lives or the products that we use,” she says.“It is the invention of the motorcar, the microwave that makes our lives so much more enjoyable…so it is important that we seek to have persons respect the right of our creators, and that the creators themselves are able to benefit and earn from the use of their work by others,” Miss Simpson tells JIS News.For more information on the work of JIPO or the services that they offer, call 754-6360 or visit their website at www.jipo.gov.jm. Advertisements JIPO Paves Way for Growth by Protecting Intellectual Property Rights CommerceMay 4, 2009 RelatedJIPO Paves Way for Growth by Protecting Intellectual Property Rightscenter_img RelatedJIPO Paves Way for Growth by Protecting Intellectual Property Rights RelatedJIPO Paves Way for Growth by Protecting Intellectual Property Rightslast_img read more

Mayor releases statement on passing of former CEO Gerry Smith

first_imgMayor releases statement on passing of former CEO Gerry Smith Indigo Shire Mayor, Jenny O’Connor has expressed her sadness and deepest condolences to family and friends of former CEO Gerry Smith who passed away this morning.“On behalf of Councillors, the Executive Management Team and all staff, we are all shocked and saddened at the news of Gerry’s passing following a battle with cancer,” Cr O’Connor said.“During his time at Indigo Shire from 2014 to 2017, he was instrumental in improving governance, systems and processes. But among his greatest achievements was the securing of a $5.2M government grant to build the Beechworth to Osbornes Flat Rail Trail.”“Gerry was a great advocate for Indigo Shire and its people, and his legacy will be long remembered and appreciated. He was a man of integrity, a kind and decent man, and a much loved family man and work colleague.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:battle, Beechworth, cancer, Family, Governmentlast_img read more