The Wood Brothers released their sixth studio album, One Drop Of Truth, on February 2nd via Honey Jar/Thirty Tigers. Buzz around the trio’s latest effort started growing following the release of the album’s lead single, “River Take The Town”, back in November of 2017. Today, brothers Oliver and Chris Wood and Jano Rix keep their new album’s momentum building with the release of the second single off of One Drop Of Truth, “Happiness Jones”, and the song’s subsequent music video.Premiered on Rolling Stone, “Happiness Jones” features The Wood Brothers’ traditional rollicking, upbeat, and nostalgic Americana sound. However, the song and the music video both rely on contrasts—with the lyrics undermining the song’s happy-go-lucky melody and the black-and-white music video directed by Daniel Long further pushing these binaries. The best moments of the music video for The Wood Brothers’ “Happiness Jones” are found as Chris Wood shows off his beloved dance skills, which seem particularly exuberant with their juxtaposition against Oliver Wood’s stoic presence.As Chris Wood told Rolling Stone, “Someone suggested I do some ‘interpretive dancing’ for the video, along the lines of the little improvised dance I do for the live show.” He continued, “I enjoy moving to music so we tried to capture that in the video.” You can watch the video below:The Wood Brothers – “Happiness Jones” [Official Video][Video: The Wood Brothers]You can listen to The Wood Brothers’ One Drop of Truth in full below via Spotify:The Wood Brothers – One Drop of Truth – Full Album The Wood Brothers – One Drop Of Truth – Tracklisting1.River Takes the Town2. Happiness Jones3. Laughin’ or Crying4. Strange as it Seems5. Sky High6. Seasick Emotions7. This Is It8. Sparkling Wine10. Can’t Look AwayView ‘One Drop of Truth’ Tracklisting
The local authority pension funds for East Riding, Surrey and Cumbria are in talks to launch an investment partnership, pooling £9bn (€12.3bn) in assets.The three English local authority funds said the multi-asset pool could grow to as much as £20bn, as talks continue with other local government pension schemes (LGPS) ahead of a government consultation on pooling expected for later this month.The proposal follows on from eight funds in the South West of England exploring the creation of a £19bn asset pool, the launch of a collective investment vehicle backed by most of London’s local authorities, and the eight Welsh local authority funds agreeing to jointly procure a passive equity manager.Mel Worth, chairman of the £2bn Cumbria County Pension Fund, said the scheme was keen to “marshal [its] future by seeking like-minded partners to pool with” in the wake of chancellor of the Exchequer George Osborne’s announcement in July that he wanted to see pooled vehicles to cut costs “significantly”. “The speed,” Worth said, “in which we have managed to move towards developing a solution to pool assets speaks volumes about the similarities of the funds but more crucially about the desire of those involved to collaborate and make this a success.”Denise Le Gal, chair of the £3.2bn Surrey County Pension Fund, highlighted the opportunities to reduce costs through the pooling exercise and noted that it would help boost exposure to domestic infrastructure.Osborne pledged in October to focus on infrastructure when he said pooling would allow billions to be invested in regional projects.At the time, the UK Treasury said that if the LGPS asset pools were to “follow international norms”, their infrastructure exposure would need to increase – potentially by building in-house capacity.East Riding Pension Fund, the largest of the schemes publicly linked to the venture, with £3.6bn in assets, already employs in-house management staff.John Holtby, the fund’s chairman, said its in-house capacity meant it was committed to “sharing expertise, reducing costs and delivering expected returns”.For the 2013-14 financial year, East Riding managed 75% of assets internally.The £2.4bn was largely invested in equities, accounting for nearly 60% of internal assets.The team also oversaw fixed income worth £420m, UK property holdings worth £206m and a £376m alternatives portfolio, comprising distressed debt fund holdings, infrastructure and private equity.Its total management costs stood at £1.6m, or 0.06%, compared with £1.9m, or 0.23%, paid to sole external manager Schroder Investment Management.Schroders was responsible for running half of East Riding’s corporate bond portfolio, 40% of the European equity portfolio and North American, Japanese and emerging market equities.East Riding’s in-house experience leaves open the possibility of its managing assets on behalf of other members of its asset pool.Scotland’s Lothian Pension Fund already advises fellow local authority fund Falkirk on a £30m infrastructure portfolio.It has now confirmed it would like its in-house team to compete for private sector mandates once it has been authorised by the Financial Conduct Authority.
Royal Challengers Bangalore all-rounder Shane Watson has hit a purple patch after joining the franchise this year. The former Australia star produced a brilliant spell of medium-pace bowling last night to help his team register a thrilling one-run victory over Kings XI Punjab. (Full IPL Coverage/Points Table)Kings XI needed 24 runs off the last two overs and Watson bowled the penultimate over giving away just seven runs to swing the match in RCB’s favor. He finished with figures of 2 for 22 off his full quota of four overs and was adjudged Man of the Match for a sterling performance that kept his team’s chances alive in the IPL.Experience paying off for RCBThe 34-year-old, who joined RCB this season, lauded his skipper Virat Kohli after the match and said that the combined experience of Kohli, AB de Villiers and Chris Gayle has had a terrific impact on his performance on the field.”To have AB de Villiers and Chris Gayle as starting point as well, with all their experience and knowledge on the game of cricket is helpful. Virat gets the best out of everything that we have got.”So I think we are very privileged here at RCB to have so much of quality experience and knowledge on the game of cricket. So (we’ll) just try and continue to get the best of ourselves,” Watson told iplt20.com after a gripping contest played at the PCA stadium in Mohali.’Kohli open to different ideas’Praising his skipper, Watson said that Kohli as a leader, is brilliant with his tactics on the field, “Virat is extremely open to our thoughts and opinions on certain things. He has always got some thoughts and tactically he is very good as well. Virat has been using me in one over spells early on in the innings and then more towards the back end depending on where it suits the team the most. I am happy to bowl anywhere Virat (needs me).”advertisement”He instills lot of confidence in me, he lets me sort of choose the balls and allows me to set my fields accordingly as well – with his input a lot of the time as well. It’s been great to work under him and he’s using me very nicely. So I’m having a lot of fun doing it,” he added. (Shane Watson stars as Bangalore beat Punjab by 1 run)Humble Watson The 19th over bowled by Watson actually helped Chris Jordan defend 17 runs off the last over. But as one of the senior pros in the side, Watson chose to give credit to the other bowlers.”I think just about every over is very crucial. The way the games pan out if you are able to hold momentum or to get a bit of momentum go your way at any stage – whether it is batting innings or the bowling innings – every over really counts.”So I don’t see that (19th) over being any more important than the others that I have bowled throughout the time.”