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Go back to the enewsletter Rech by Alain Ducasse

first_imgGo back to the e-newsletterRech by Alain Ducasse is welcoming guest chef Kei Kojima, the acclaimed chef de cuisine at the two-Michelin star Beige Alain Ducasse Tokyo (located on top of the Chanel Building) for Gala Seafood Dinners on 5-7 June 2018.Experience guest chef Kei Kojima’s refined French cuisine with Japanese influences, over a specially created five-course Gala Seafood Menu with top quality Japanese & French produce (HK$1688 plus 10% service per person).During his first Hong Kong visit, chef Kei is using the freshest seafood, imported from all parts of Japan, as well as France, combined with his French culinary mastery to create a unique dining experience.The Gala Seafood Menu includes:Delicate tomato royale, shellfishGrilled Japanese aoriika, seasonal vegetables and fruit, shaved black trufflePan-seared red mullet from Japan, girolles and green asparagus, mushroom reductionPoached blue lobster from France, quick-sautéed cabbageChocolate/matcha tea tartlet, cocoa nib crispAs per chef Kei Kojima, “The menu is all about freshness, immediacy and the genuine taste of the produce of the season. To mark the beginning of summer, my dishes are fresh, light and simple, while infused with my interpretation of nature.”The Amuse Bouche is an homage to Rech and its famous seafood platter, reinterpreted with the tomato, a star product in summer.Chef Kei has chosen grilled Japanese aoriika, as this is the perfect season for this ingredient. Its meat is soft, thick and a bit sweet. He lightly cooks this; there is no need for more. He is using colourful and attractive plating for this dish with zucchini, eggplant, tomato, and “confit” peach.Both the Japanese red mullet and French blue lobster are the most noble products of the sea. As such, the vegetables, condiments and jus do not need to show off. Chef Kei is just exalting the original flavour with his skilled cooking techniques, and dishes all prepared ‘à la minute’.The Japanese inspired dessert is made with matcha tea, exclusively paired with chocolate from the Alain Ducasse factory in Paris. It perfectly embodies the philosophy of Beige Alain Ducasse Tokyo cuisine.Click here for the Gala Seafood Dinner Menu.About Kei KojimaAfter beginning his career as a cook at the age of 18, Kei Kojima subsequently moved to France in 1988 and trained under internationally acclaimed chefs Michel Guérard, Alain Chapel and Pierre Gagnaire.Chef Kei then worked together with Alain Ducasse and his right-hand man Franck Cerutti for more than 10 years at the three-Michelin star Le Louis XV Alain Ducasse in Monaco, where he served as Sous-Chef for three years.Returning to Japan following 20 years of mastering French culinary techniques and experience at the most famous French restaurants, Kei became the executive chef at Alain Ducasse’s Bistrot Benoit in 2008.Since April 2010, he has been the executive chef of Beige Alain Ducasse Tokyo, which is located on the top floor of the CHANEL building in Tokyo.About Rech by Alain DucasseThe one-Michelin star Rech by Alain Ducasse offers an authentically French seafood experience, showcasing the best seasonal fish, shellfish and oysters with the chef’s personal interpretation and contemporary French cuisine and stunning harbour views.Go back to the e-newsletterlast_img read more

Expect lower investment returns around the world says CPPIB chief

first_img Email Sponsored By: Geoff Zochodne Featured Stories Comment Expect lower investment returns around the world, says CPPIB chief Canada Pension Plan ekes out 1.1% return during market’s worst volatility since the financial crisis More CPPIB CEO Mark Machin warns of weaker investment returns in the days ahead.Cole Burston for National Post February 14, 20194:30 PM ESTLast UpdatedFebruary 15, 20198:20 AM EST Filed under News FP Street Recommended For YouRenault-Nissan audit findings submitted to French prosecutorsU.S. House passes $733 bln defense policy bill after Trump threatens vetoJ&J faces criminal probe related to baby powder – BloombergWall Street hits record high on rate cut optimismU.S. appeals court judges spar with Trump lawyer over bid to block House subpoena What you need to know about passing the family cottage to the next generationcenter_img Facebook Join the conversation → 1 Comments Share this storyExpect lower investment returns around the world, says CPPIB chief Tumblr Pinterest Google+ LinkedIn The head of the Canada Pension Plan Investment Board said Thursday that investors are likely to see weaker returns in the future amid a “pretty sluggish period” that has struck most global economies.“I think we’re going to see much lower return on assets going forward than we have since the global financial crisis and the recovery,” said Mark Machin, president and chief executive officer of the CPPIB, in an interview with the Financial Post. “So I would see returns coming down around the world.”The CPPIB reported on Thursday net assets of $368.5 billion for its quarter ended Dec. 31, up $200 million from the end of the previous quarter. The pension fund also said its investment portfolio posted a net return of 1.1 per cent for the three months, which included the period of volatility that struck the markets in late 2018.“It was a solid quarter given a pretty weak market environment,” Machin said. “The fact that our portfolio held up pretty well during that shows that diversification works.” CPPIB among investors buying Ultimate Software for $11 billion CPPIB poised to be first global pension fund to issue euro green bond CPPIB plans safer investing structure for hike in Canada Pension Plan contributions The pension fund also reported its investment portfolio notched 10-year and five-year annualized returns of 10 per cent and 11 per cent, net of all its costs.CPPIB announced a number of investments during the quarter, including paying $670 million with a partner for a controlling stake in a hydro-power company in Brazil, which was one of the few countries “desynchronized” from the global economic slowdown, Machin said.The complex situations involving Canada, China and the United States are contributing to those growth issues, Machin said, although he remained optimistic about a resolution.“It’s a very significant drag on global growth right now,” he added. “Because uncertainty holds people back from making investments in their businesses, and may hold people back from hiring people, and it holds people back from taking risk in their business.”CPPIB invests the funds of the Canada Pension Plan, and the board began receiving additional CPP contributions in January, when measures to bolster the plan kicked in.The pension fund also issued its first Euro-dominated green bond last month, a €1-billion sale of 10-year fixed-rate notes. CPPIB said the issuance “will enable us to invest further in eligible assets such as renewables, water, and real estate projects, and to diversify the Fund’s investor base.”January’s issuance follows CPPIB’s first-ever green-bond sale last June, which the board said was a first for pension funds.“I would imagine we’ll continue to use that market,” Machin said Thursday.CPPIB signed an agreement during its third quarter, alongside the Ontario Teachers’ Pension Plan, to buy 49 per cent of a 309-kilometre toll road in Mexico for an initial $314 million. The fund said there is also the possibility of a second investment of up to $218 million in the road.CPPIB already owns 40 per cent of the privately-leased section of Highway 407, another toll road that runs 108 kilometres from Burlington, Ont. in the west to Pickering, Ont. in the east.SNC-Lavalin Group Inc. and a subsidiary of Spanish infrastructure company Ferrovial S.A. own 16.77 per cent and 42.23 per cent, respectively.However, SNC-Lavalin said last August that it had hired CIBC Capital Markets and RBC Capital Markets as financial advisors to help the company with a possible sale of 6.76 per cent of the 407, which would reduce its stake to around 10 per cent.Since then, shares of SNC-Lavalin have dropped more than 35 per cent, with the company recently cutting its earnings forecast and being pulled into a political firestorm tied to the company’s lingering corruption and fraud charges.Machin declined to comment Thursday on whether or not CPPIB would be interested in the stake in the 407 floated by SNC-Lavalin.“We’re happy investors in the 407,” Machin said.• Email: gzochodne@nationalpost.com | Twitter: advertisement Twitter Reddit ← Previous Next →last_img read more