“All performances of Istra Inspirit are free of charge thanks to the project partners who again this year recognized the importance of cultural and adventure tourism and gave confidence to Istra Inspirit as its partner to revive history, myths and legends in order to create additional offerings.. ” stand out from IRTA. Through the interactive Istra Inspirit experience, Pićan will once again revive a unique legend from late antiquity that will take locals and visitors back to the 6th century when the Pićan diocese was founded under the leadership of St. Nicephorus. The entire experience, directed by Petra B. Blašković and performed by professional actors Istra Inspirita and extras from Pićan, will be completed by a carefully designed scenography of the old town of Pićan, which will evoke the miraculous journey of St. Nicephorus to Rome. By the way, the representatives of the local community who participated in creating the concept of this event from the very beginning, gave their selfless contribution to the revival of the legend this year, as well as the Association of Drinks “Trnoplesari” whose annual assembly is held on that day. RELATED NEWS: Istra Inspirit will, during the main tourist season, stage over 30 experiences, and of which they stand out in particular interpretive walks – for the first time this season Dvigrad Tour in Dvigrad (11.07., 8.08., 21.08.) And Casanova Tour in Vrsar (05.06., 11.06., 25.06., 9.07., 23.07., 6.08., 20.08., 10.09., 23.10. .), performances as part of the festival – Poreč Open Air (14.07., 21.07., 28.07., 4.08., 11.08., 18.08., 25.08., 1.09.), Rabac Open Air (27.07., 3.08., 10.08.), Malin Festa in Medulin (5.08. ., 12.08., 19.08.), Stari samnja in Vrsar (16.06., 8.09.) And individual experiences – Crispo at the archeological site Vižula in Medulin (July 18.07) and Vodnjan Stories 5, on the occasion of marking the Day of the City of Vodnjan (August 9.08). Istra Inspirit is implemented within the Istrian Development Tourist Agency, with the support of the Administrative Department for Tourism of the Istrian County and the Tourist Board of the Istrian County and other project partners. On Saturday, June 1, 2019, at 20 pm, as part of the Petivina event in Pićan, the ‘Legend of the Trnoplers’ will be held – Istra Inspirit, with the experience of which the new season of the multi-award winning cultural-adventure project officially begins. eighth year in a row, it revives the history, legends and myths of the Istrian peninsula and creates an additional tourist offer at the destination.
UK-based asset manager M&G is planning to transfer four of its funds to Luxembourg to remove uncertainty for non-UK investors ahead of the country exiting the EU.The funds are worth a combined €7bn and are offered exclusively to non-UK investors, despite being domiciled in London.Anne Richards, chief executive of M&G, said: “With little clarity yet on the outcome of the negotiations between the UK and the rest of the European Union on its future trading relationship, we believe it is prudent to take action now to protect the interests of our international customers.“The proposals to transfer the assets of these four funds have a primary aim – to minimise disruption for our investors. Approval of the transfer will ensure they retain access to the same strategies and the same fund managers.” Luxembourg’s regulator, the Commission de Surveillance du Secteur Financier, and the UK’s Financial Conduct Authority have both given the transfer the green light. The proposal will be put to investors in the four funds in September with a view to moving the assets to the fund manager’s existing SICAV in November, according to a statement from M&G.The four funds affected are:M&G Dynamic AllocationM&G Income AllocationM&G Prudent Allocation (to be renamed M&G Conservative Allocation)M&G European Inflation Linked Corporate BondData from trade body the Investment Association (IA) showed that non-UK investors had £73.7bn (€83.5bn) invested in UK-domiciled funds managed by IA members at the end of April. Meanwhile, UK investors had £107.7bn invested in non-UK domiciled funds. Ireland and Luxembourg are the primary homes for these funds.Earlier this year, David Suetens, managing director of State Street in Luxembourg, told IPE there could be “some re-shuffling of products and investors” ahead of the outcome of the UK and EU negotiations being known. State Street helped M&G set up its Luxembourg operation.Suetens said: “Promoters will most likely re-direct EU investors to EU-based vehicles and keep OIECs [UK investment vehicles] as local distribution products. This said, to the extent regulatory frameworks for funds remain comparatively equivalent between the UK and the EU, and consumers are still allowed to purchase cross border… the choice ultimately will still reside with the investor who will set the course.”