Jon Fishman’s Lincolnville General Store Re-Opens With A Bang In His Maine Hometown [Video]

first_img[Cover photo via Lincolnville General Store Facebook] Last Friday night, October 27th, after a lengthy restoration and renovation process, the Lincolnville General Store was re-opened by of the small Maine town’s most well-known citizens: Phish drummer/town Board of Selectmen member Jon Fishman and his wife and town Board of Education member Briar Fishman. According to local Maine paper The Free Press, the long-awaited grand re-opening went off with a bang last weekend with a party featuring pizza fresh out of the stone oven, hot dogs and burgers, a crowd of about 600 people and, of course, live music. Local groups The Mallett Brothers and the Route 17 Ramblers provided the entertainment, with Fishman joining both groups as a special guest.Phish Drummer Jon Fishman Elected For Local Political Office In Maine HometownThe store, which was built in the mid-19th century, has been closed for almost a decade. According to a 2016 report in Penobscot Bay Pilot, Fishman and his wife, Briar, purchased the mid-19th century Lincolnville General Store in 2011, but wound up selling it to another family to focus on the upkeep of their making their local farm. After the buyers made initial renovations to the store, the Fishman family put in an offer and wound up buying back the property and continuing the upgrading process.The store’s focus is on organic and store-made products, including prepared foods and condiments. Since the Fishmans have five children, they can understand the importance of an all-in-one store, and the Lincolnville General Store aims to be just that. The property also features an outdoor porch area, WiFi, and a brick oven pizza stop for residents to come and chat. They’ll also work with local businesses to ensure that they aren’t stepping on anyone’s toes, and are planning to break into groceries and delivery services for the elderly and handicapped townspeople. “Most markets don’t just sell their own stuff,” Briar told the Penobscot Bay Pilot back in 2016. “It takes the community to stock the shelves and we will be working with not only local farmers, but local bakers, local artisans and craftspeople.”Particularly with Phish toning down the scope of their famously extensive touring schedule this year, Fishman and his family have continued to make themselves an important part of the local Lincolnville community–and make Lincolnville just a little more special in the process.Congrats to Jon, Briar, and the town of Lincolnville on the new store!You can watch full footage of The Mallett Brothers Band’s performance at the opening of the Fishmans’ new Lincolnville General Store, featuring a sit-in from Jon Fishman himself, via the store’s Facebook page:Check out assorted videos and clips from the Lincolnville General Store Grand Re-Opening below via Instagram:last_img read more

M&G to transfer €7bn to Luxembourg ahead of Brexit

first_imgUK-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.”last_img read more