Joe Russo’s Almost Dead Shares Soundboard From Sold-Out Performance In Maine [Listen]

first_imgWith a number of shows on the calendar, Joe Russo’s Almost Dead has been thoroughly building the anticipation by sharing recordings from the earlier parts of 2016. The newest edition of their “Taper Tuesday” series was released today, chronicling the band’s performance in Portland, ME. On February 13th, Almost Dead hit the State Theatre and kept fans warm with a barn-burning concert, paying tribute to the Grateful Dead in style.The band opened with their first electric version of “Big River,” and kept things going with hits like “Sitting On Top Of The World,” “Viola Lee Blues,” “Sugaree” and so many more! There’s also a jam on Miles Davis’s “So What,” teases of Led Zeppelin and Tears for Fears, and a great “Terrapin Suite” to close out the second set. It’s prime Almost Dead jamming!Thanks to Eric McRoberts and Joe Russo’s Almost Dead, we can listen to this show in full below.Don’t miss the exciting Evolution Of Jam Vol. 2 tribute show taking place following Joe Russo’s Almost Dead’s return to the Brooklyn Bowl this Saturday, October 7th. With tributes to the Grateful Dead, Phish, and Disco Biscuits lined up, expect some non-stop late night grooves. Tickets can be found here.The fully annotated from band manager Peter Costello can also be seen below.Setlist: Joe Russo’s Almost Dead at State Theatre, Portland, ME – 2/13/16Set 1:01. Jam ->02. Big River @ (SM) ->03. Sitting On Top Of The World (TH) ->04. Viola Lee Blues (All) ->05. Sugaree (TH) ->06. Viola Lee Blues Reprise (All) >07. Deal (TH)Set 2:01. Here Comes Sunshine (TH) ->02. So What Jam # ->03. Here Comes Sunshine Reprise (TH) ->04. Women Are Smarter $ (SM) ->05. Slipknot Jam & ->06. Franklin’s Tower (TH) ->07. Throwing Stones (SM) ->08. Space ->09. Throwing Stones Reprise % (SM) ->10. Terrapin Station Suite ^ (TH)Encore:11. One More Saturday Night (SM)@ – First Almost Dead Electric Version# – Miles Davis original$ – With a GDTRFB Tease (TH)& – Played very fast% – With a tease of some Led Zeppelin song (SM) that neither Scott nor I can remember today.^ – With an “Everybody Wants to Rule The World” (Tears For Fears) Tease (Band)Joe Russo – Drums, VocalsTom Hamilton – Guitar, VocalsScott Metzger – Guitar, VocalsMarco Benevento – Keyboards, VocalsJon Shaw – Bass (Dave was on Ween tour)last_img read more

See More

Smaller UK schemes struggling to close funding gap: Goldman Sachs

first_imgImprovements in UK defined benefit (DB) scheme funding have masked challenges facing smaller pension funds, according to Goldman Sachs Asset Management (GSAM).The fund manager reviewed DB schemes attached to the UK’s largest 350 listed companies and found that smaller schemes – those with less than £500m (€557m) in assets – tended to experience more volatility regarding their funding position.Schemes with less than £100m had a funding level on average 15% lower than those with £5bn or more, GSAM reported.The group said the data reflected small schemes “have not managed their risk exposures as effectively as larger schemes, likely due to a lower degree of governance”. Larger schemes have adopted liability-driven investment strategies, diversified their portfolios and implemented currency hedges, GSAM added. However, these strategies were increasingly available to small schemes, the asset manager said.David Curtis, head of UK and Irish institutional business at GSAM, said: “While the funding rate of smaller pension schemes improved this year, we see much greater volatility in their funding position than larger schemes who have consistently improved their funding level every year of the four years we have run our FTSE 350 study in the UK.“This highlights that larger schemes better implement risk management strategies that protect and advance pension scheme solvency consistently.”Although limited to FTSE 350 companies, the study had implications across the UK’s pension system GSAM said, as roughly 87% of private sector schemes had less than £500m in assets.Overall, UK schemes have experienced a positive year in terms of aggregate funding positions. Multiple estimates have reported that assets have grown faster than liabilities during 2018, with FTSE 100-listed companies hitting 100% funding for their DB schemes earlier this year.However, Shoqat Bunglawala, head of GSAM’s global portfolio solutions group, warned that risks were rising. “In the next year alone, schemes are likely going to have to navigate higher interest rates in some markets, continued conflicts around trade, Italian budget negotiations and other macroeconomic risks that come with being in the late stages of the economic cycle,” he said.“UK schemes in particular will be faced with their own challenges including the outcome of Brexit, potentially increasing interest rates and a volatile currency. In this environment, we think an enhanced focus on risk mitigation and a dynamic approach to asset allocation will prove invaluable.”  Source: JLT, Mercer, PPFlast_img read more

See More