Sport section of The National wins prestigious award



ABU DHABI // The National’s sports section has been named one of the 10 best daily sections in its circulation category for 2013 by the Associated Press Sports Editors organisation.

It marks the third successive year The National has been honoured in the daily section competition by the organisation, generally considered the most significant sport-specific competition in print journalism.

The North America-based organisation, made up of newspaper sports editors, identifies the top 10 sections in five circulation categories but does not rank them individually.

The National competes in the 30,000 to 75,000 daily circulation category.

Each competitor sends four daily sections, two dates randomly selected by organisers and two chosen by the competing newspaper, which are then judged by panels of sports editors.

Paul Oberjuerge, sports editor of The National, said: “Being chosen in the top 10 in such a prestigious competition is a credit to the skill and dedication of the writers, editors, photographers and graphic artists who are dedicated to producing the best possible product for our loyal readers.”

Among the newspapers winning recognition as a top-10 daily section were the New York Times, the New York Daily News, the Los Angeles Times and the Chicago Tribune.

The National was also cited for honourable mention in the “special section” category, for the F1 Magazine.

newsdesk@thenational.ae

Profile of Tarabut Gateway

Founder: Abdulla Almoayed

Based: UAE

Founded: 2017

Number of employees: 35

Sector: FinTech

Raised: $13 million

Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.

Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

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