Created: Tuesday, 21 February 2017 11:35 | Published: Sunday, 05 March 2017 13:51 | Written by Shailja Varma | Print | Email
Age is something that is never shared and asking a girl or a woman her age, is considered bad manners. People rarely talk about their age and salary. Although, while conversing in English, people refer to idioms related to age to give a hint about their age,no one wants to reveal their actual age and want to be referred to as a sweet sixteen. Sweet sixteen is regarded as the characteristic age of prettiness and innocence in a girl. In today’s blog, we will discuss some idioms,related to age.
Generally in this phase of life, memory starts fading or mental functions slow down which is not unusual. However, the person suffering might not necessarily be advanced in age, even though senior citizens are more likely to experience such cases.
E.g. That day my dad went to the bank to deposit the already deposited money. He had a senior moment.
Example - At the ripe old age of seventy-two, he was carrying a heavy bag in heavy rains,slipped and fell.
Example - Grandfather to grandson- No Ricky I won't be able to bat now. I am not as young as I used to be. Sorry son.
Meaning - The phrase ‘No Spring Chicken’ is usually used in a negative way to describe someone who is no longer young, probably past his young adulthood, and sometimes doesn’t realize it and tries to look and act younger than his age.
Meaning – This phrase is referred to a middle-aged woman who tries to look younger by dressing like younger people.
The above idioms related to age, will help you to impress others with your English communication skills. Moreover, an English-speaking course is all you need to improve your spoken English and train yourself to use idioms like a pro.
Mandatum Life Insurance Company Limited and Fourton Oy have concluded a business transaction according to which Mandatum Life will acquire Fourton’s Stamina and Odysseus funds, which invest in Central European companies.
Odysseus invests in the equities of small and mid-cap companies mainly operating in cyclical sectors, while Stamina invests in the equities of stable European companies. Stamina’s total value (assets under management) amounted to EUR 315 million on 31 August 2017, and Odysseus had a total value of EUR 199 million.
Fourton’s CEO, Mikael Wahlström (59), will continue as chief portfolio manager for the Stamina fund, alongside the team led by Janne Holtari (48), Mandatum Life’s director of equities. Odysseus will be managed jointly by Janne Holtari and Mikael Wahlström.
“Our goal is to combine two internationally successful teams into a hub of excellence. European equities are a spearhead of our wealth management operations, and the Sampo Group has been a major long-time investor in Fourton funds. Mandatum Life and Fourton are like-minded companies, and we share a similar way of investing in this market,” comments Mandatum Life’s CEO, Petri Niemisvirta.
In connection with the transaction, Fourton’s partner in charge of institutional customer relations, Matti Ollikainen (41), will transfer to the service of Mandatum Life.
“I am very pleased that our growing business will be complemented by the extensive experience of an institutional wealth management expert like Matti Ollikainen. Over the past year, we have launched significant initiatives, for example, with Swedish institutional investors, and this acquisition will broaden our fund business to enable even faster growth and better service both in Finland and abroad,” says Niemisvirta.
“It is exceptional that both Wahlström’s and Holtari’s teams have held on to their globally leading position in a competitive market for such a long time. This is the result of years of hard work conducted systematically and with intimate knowledge of the target companies,” says Lauri Vaittinen, head of Mandatum Life’s Investment Solutions unit.
“I am very pleased with this arrangement with the Sampo Group – a company I highly respect. The transaction is well in line with the changing industry relations in institutional asset management. By joining forces and through hard work, we will further reinforce our presence in our investment field,” says Wahlström.
The business arrangement requires no actions on the part of Stamina’s and Odysseus’s customers, nor will the contractual terms change for the current customers of the funds in question.
Mandatum Life Insurance Company Limited (Mandatum Life) disclosed on 24 April 2018 that Mandatum Life and Danske Bank have agreed to continue their co-operation regarding the distribution and management of insurance products and the cancellation of the earlier agreed transfer of the insurance portfolio distributed by Danske Bank. The agreed transaction was subject to confirmation of the tax treatment.
Mandatum Life received a negative pre-ruling on the tax treatment of the transaction on 29 May 2018. However, Mandatum Life and Danske Bank have today agreed to continue their co-operation as agreed.
The parties of the transaction will appeal against the pre-ruling. If the tax treatment remains negative, Mandatum Life's financial risk is EUR 13 million.