New Orleans five-piece Tank and The Bangas are gearing up to release their sophomore studio album, Green Balloon, due out on Friday, May 3rd via Verve Forecast Records.Brought to fame as the unanimous winners of NPR’s Tiny Desk contest in 2017, Tank and The Bangas have been all aboard a wild ride since the band jumped on the map. Following up the band’s debut LP, 2013’s Think Tank, in April 2018, Tank and The Bangas released “Smoke.Netflix.Chill“, their first release via a major label (Verve Forecast). Led by vocalist and songwriter Tarriona “Tank” Ball, the group continues to evolve in more ways than just music, as Tank continues to grow and develop as a performer and writer.Well-respected producers including Jack Splash, Mark Batson, Zaytoven, Louie Lastic, and Robert Glasper (who also features on three tracks) were all tapped to help create the 17-track LP.Tarriona “Tank” Ball shared her thoughts on the new LP. She explains,‘Green Balloon’ is a sister to ‘Think Tank’. ‘Think Tank’ was 12, and ‘Green Balloon’ is 16 and having sex. She’s out there.Ahead of Green Balloon‘s May 3rd release, Tank and The Bangas have shared a catchy new hip-hop-infused tune, “Nice Things”, which you can listen to below:Tank and The Bangas – “Nice Things”[Video: TankandtheBangas]Head here to pre-order Tank and The Bangas’ Green Balloon LP.For ticketing and a full list of the band’s upcoming tour dates in support of their forthcoming record, head to Tank and The Bangas’ website.Green Balloon Tracklist:01. Colors Introduction02. Spaceships03. Dope Girl Magic04. Ants05. Hot Air Balloons (feat. Alex Isley)06. Forgetfulness07. Get Up Interlude (feat. Robert Glasper)08. Too High Prelude09. I Don’t Get High10. Happy Town (feat. Pell)11. Nice Things12. Smoke.Netflix.Chill.13. Floating Interlude14. Mr. Lion15. In London Interlude (feat. Robert Glasper)16. Lazy Daze (feat. Robert Glasper)17. Colors ChangeView Tracklist
Swedish state pensions buffer fund AP2 reported a total investment loss of 5.1% at this year’s halfway point, the weakest result reported by any of the main four AP buffer funds.The Gothenburg fund’s chief executive officer said the nature of the market recovery that followed the March’s coronavirus lockdown had a negative impact on AP2’s equity portfolio.In absolute terms, the fund reported a SEK19.3bn (€1.86bn) investment loss between January and June, a period in which it transferred SEK4.2bn into the state pension system.Eva Halvarsson, AP2’s CEO, said: “By the end of the first half of the year, financial markets had turned upwards and most economies had begun to recover.” The stock market upturn had been largely driven by emerging equities in the technology sector, she said.“This has adversely affected the fund’s equity portfolios, which avoid concentrating excessive holdings in large companies, and instead over-weighting equities with a low valuation,” she said.AP2’s total assets dropped to SEK357.9bn at the end of June from SEK381.3bn at the end of 2019.Emerging markets equities were the weakest performing assets for AP2 in the six-month period, with the allocation suffering a 15.5% loss, following by developed markets foreign shares with an 11.4% loss.Swedish equities, meanwhile, lost 5.5%, while foreign government bonds was the most profitable allocation for the fund, ending June with a 4.5% return.Relative to its benchmark index, AP2 said its return overall was -0.1%, excluding alternative investments and costs.The fund increased its allocations to private equity funds and foreign real estate in the first half of the year, Halvarsson said, with these moves financed by a reduction in the allocation to Swedish bonds.AP2 also said it upped its allocation to Chinese A shares by cutting the allocation to other emerging market equities.Chinese A shares were a particularly strong performer for AP2 in 2019, with the fund reporting a 52.6% return on the renminbi-denominated equities which have become more accessible for foreign investors in recent years.AP2 is one of the four main state funds backing Sweden’s income pension – the primary component of the country’s first pillar provision.The last to report first-half results this year, AP2’s overall return falls below that of its peers.AP3 recently reported a negative return of 0.8% after costs for the first half of this year, beating buffer funds AP1 and AP4, which reported losses of 1.8% and 2.5%, respectively.For 2019, however, AP4 achieved the strongest result out of the four funds.Looking for IPE’s latest magazine? Read the digital edition here.
(Miami, FL) — A coronavirus outbreak on the Miami Marlins is forcing the cancelation of the team’s home opener tonight.ESPN reports there are now at least 14 cases of the virus on the team. The Marlins were scheduled to fly home and play two games against the Baltimore Orioles.The Marlins are still in Philadelphia after opening their season against the Phillies.