Horse Racing at Goodwood Schroders Private Banking Dialogue – Summer 2013

Total Page:16

File Type:pdf, Size:1020Kb

Horse Racing at Goodwood Schroders Private Banking Dialogue – Summer 2013 Dialogue Summer 2013 Inside: Market Commentary and Outlook Creating a Family Constitution Online Fraud: Using your Email Account to Steal your Identity Horse Racing at Goodwood Schroders Private Banking Dialogue – Summer 2013 Contributors Philip Mallinckrodt Group Head of Private Banking [email protected] +44 (0)20 7658 6969 Robert Farago Head of Asset Allocation Private Banking [email protected] +44 (0)20 7658 6545 Keith Wade Inside: Chief Economist and Strategist Schroder Investment Management [email protected] +44 (0)20 7658 6296 01 Welcome Harry Herbert 02 Market Commentary and Outlook Managing Director Highclere Thoroughbred Racing 05 The Great Rotation... Or is it? Earl of March and Kinara The Goodwood Estate 06 The Next Steps for the Euro Jonathan Riley Partner 08 Why Nations Fail: Michelmores LLP The Origins of Power, Prosperity, and Poverty Suzanne Kingston Partner – Family Law Team 10 Backing a Winner? Join a Racing Syndicate Withers LLP Phillip Gilbert 11 Horse Racing at Goodwood Security Manager Schroder Investment Management 12 Creating a Family Constitution [email protected] +44 (0)20 7658 7992 13 An Alternative Resolution: Jaw, Jaw – not War, War Alan Brown Senior Adviser 14 Online Fraud: Schroder Investment Management [email protected] Using your Email Account to Steal your Identity +44 (0)20 7658 6575 15 Wines to Really Shout About Editorial Contacts Daniel Marinelli 16 Private Banking News Editor Private Banking [email protected] +44 (0)20 7658 3786 Schroders Private Banking Dialogue – Summer 2013 Philip Mallinckrodt Group Head of Private Banking Welcome On 2 July 2013, we announced that we had completed the recommended acquisition by Schroders of Cazenove Capital, which significantly increases our presence in private banking and wealth management. We believe clients in the UK and internationally will benefit from the enhanced opportunities we are now able to offer across investment management, financial planning, deposit-taking and lending services. Our primary focus remains unchanged – from the Thought Leadership debate on the to provide our clients with the high-quality ‘Great Rotation’. Keith Wade discusses the of investment expertise and personalised near term outlook for the euro and what is service that they expect from us. There is needed to ensure its survival. a strong service culture inherent in both businesses, which share an established Jonathan Riley from law firm Michelmores heritage and long-term investment tells us why families are turning to their own approach. We share a common ethos of family constitutions to help structure their excellent client service and as we progress wealth and Suzanne Kingston from with integrating our businesses, we will Withers explains the different alternatives ensure that client interests come first. to divorce litigation through the courts. Lord March shares his passion for the The Investment funds business of Cazenove Glorious Goodwood festival and Harry Capital is being merged into Schroders’ Herbert from Highclere Thoroughbred Asset Management division, adding Racing explains how you can join in the complementary strategies across UK and thrill by owning your very own racehorse. European equities, multi-manager and fixed income and you may see some advertising Regrettably, online fraud is an ever present for the funds business over the next few concern and Phillip Gilbert tells us about months. Private Banking and Wealth the latest developments in identity theft Management clients will continue to have and what you can do to minimise the risk. access to the best fund and investment Finally, Alan Brown gives us his latest wine products from around the world. recommendation to really ‘shout about’ and we also celebrate three members I look forward to updating you on our future of the Schroders’ team who have raised plans over the next few months. considerable money in support of charity. In this edition of Dialogue, Robert Farago Philip Mallinckrodt presents his quarterly Market Commentary Group Head of Private Banking and Outlook and we summarise our findings 1 Schroders Private Banking Dialogue – Summer 2013 Robert Farago Head of Asset Allocation Market Commentary and Outlook A subtle shift in stance by the US Federal Reserve (the Fed) proved to be enough to push government bond prices lower and send yields to their highest levels in over a year. This hit all asset markets, with emerging nation debt markets down sharply, gold suffering its worst quarterly performance since the 1980s and Japanese equities giving up most of their gains since the bank of Japan upped its bond buying at the start of the quarter. In China, slowing growth and a spike in interbank interest rates led to renewed concerns of a credit crisis. 1. Global equities 2. Global bonds 3. Gold bullion Index (rebased to 100) Percentage (%) US dollars 140 4.0 1900 130 3.5 1800 120 3.0 1700 110 2.5 1600 100 2.0 1500 90 1.5 80 1400 1.0 70 1300 0.5 60 0.0 1200 Jul 11 Jan 12 Jul 12 Jan 13 Jul 11 Jan 12 Jul 12 Jan 13 Jul 11 Jan 12 Jul 12 Jan 13 US: S&P500 index US 10-year yield Gold – Price per Troy ounce UK: FT All-Share index UK 10-year yield Germany: DAX index Germany 10-year yield Source: Bloomberg. Past performance is not a guide to future performance. Economic data provided few surprises over the prospect of tighter monetary policy The gold price fell sharply as the rise in bond the quarter. The announcement that upset sent inflation expectations lower. Emerging yields and the fall in inflation expectations markets was Fed governor Ben Bernanke market bonds saw the biggest declines, are both negative for the metal. Other metal explaining how the Central Bank will reduce with local currency debt also hit by falling prices moved lower as forecasts of demand (or taper) its bond-buying programme. exchange rates. fell due to the slowing growth in China. Policy has changed from “we will taper if The notable exception was the oil price, data gets better” to “we will taper unless Equity markets were led lower by emerging which was little changed despite continued data gets worse”. While subtle, this is the markets. Japanese equities soared early in positive news flow on US production growth. first announcement by the Fed that could the quarter as the Bank of Japan boosted be construed as a move towards tightening stimulus more than expected, but gave up The downswing in emerging market asset policy since the financial crisis five years ago. most of these gains as global risk appetite prices extended to currency markets, with turned down. Shares of companies that widespread weakness. Countries such as Bond yields in the US, UK, Germany and offer bond-like characteristics, relatively high Brazil and Turkey, that offer high interest Japan rose to their highest levels in over dividend yields with steady earnings to back rates but run trade deficits, were hit hard. a year, sending prices lower. Corporate them up, suffered as bond markets moved The Indian Rupee hit new all-time lows. bonds also saw negative returns. Inflation- lower. The US equity market fell less than the Commodity currencies, including the linked bond prices suffered bigger falls as global average. Australian dollar and New Zealand 2 Schroders Private Banking Dialogue – Summer 2013 dollar, also weakened significantly. The 4. Japan Economy Watchers Survey Expectations yen weakened over the quarter but hit its Percentage (%) low as equity markets reached their highs. 60 Movement between the US dollar, the euro and the pound were modest compared to 50 the swings elsewhere. 40 UK commercial property prices stabilised 30 after declining modestly since 2011. The London office sector continued to 20 provide the best returns. 10 2007 2008 2009 2010 2011 2012 2013 Private equity investors have benefitted from Diffusion index Source: Bloomberg. the rise in equity valuations over the last twelve months and the increasing availability of debt financing. The level of activity in balance of payments and excessive scenario is that the Minksy moment has remains well below peak levels. In contrast, credit creation. been reached, when income is insufficient to the easing of debt covenants is reminiscent cover the interest due on debt outstanding. of the pre-crisis peak. The recent market falls are not helping This would trigger a financial crisis and a matters. Interest rates are rising just as severe economic slowdown. The economy Trend-following hedge funds suffered growth is slowing. Falling exchange rates is too big and complex, and the data too significant falls as a large number of markets will push inflation higher. Falling commodity unreliable, to be confident of the outcome. changed direction at the same time. Losses prices are bad news for commodity Still, either way, for now slowing growth and over the last week of May and first week of exporters. The one commodity where a tightening credit in China and elsewhere in June wiped out all gains made over the first lower price would prove a boost to the the emerging world is not a good backdrop half of the year. There was no generalised consumer, oil, has proved stubbornly stable. for markets. pattern amongst other strategies although Energy subsidies are both a major cost to few funds proved immune to the widespread a number of governments currently facing Optimism towards Japan has also faded sell-off in risk assets. growing deficits. They are a perverse policy but here we remain more optimistic as at a time when politicians are trying to cut fundamentals remain favourable. Business Outlook carbon emissions. However, it is politically confidence is at a post-financial crisis high In one sense we can be encouraged by the difficult to remove energy price subsidies as (see chart 4).
Recommended publications
  • The Park House Stables Newsletter
    The WINTER 2012 KINGSCLERE Quarter THE PARK HOUSE STABLES NEWSLETTER The INTRODUCTION AB KINGSCLERE was a memorable one for many reasons, The Diamond Jubilee celebrations, the Quarter 2012 London Olympics and the Paralympics all contributed to the ‘feel good factor’ that seemed to exist throughout the summer months. In addition to these events, Park House enjoyed its most successful year in terms of number of races won, individual winners and domestic prize money accumulated during a long and distinguished history. Whilst we may have more horses in training then in previous years and the rate of inflation over the last one hundred years certainly slants the figures in the favour of 2012, it was still a year to remember for all involved.Bonfire provided us with both the highlight and the lowlight of the season, his fantastic victory at York gave us real hope in our quest for the holy grail but sadly neither in the Derby at Epsom or the Eclipse Stakes at Sandown IMPERIAL GLANCE following his win at Epsom with his proud owner-breeder Sandie Newton, David Probert and Matti did he show what he is really capable of. Happily Bonfire is one of Penrice a strong team of older horses Front cover: LAY TIME winning the Group 3 Winter Hill that remain in training at Park Stakes at Windsor under a strong drive from Jimmy Fortune House for the 2013 season Back cover: RACE AND STATUS getting some special attention and now as a gelding we hope that he could prove to CONTENTS be a real flagship for the yard INTRODUCTION 2 and his owners, Highclere Thoroughbred Racing.
    [Show full text]
  • Royal Ascot 2020 Media Guide
    MEDIA GUIDE 1 CONTENTS COVID SITE PROTECTIVE MEASURES 4 THE RACES THE BUCKINGHAM PALACE HANDICAP 56 RACING AT ROYAL ASCOT 6 THE QUEEN ANNE STAKES 57 FIXTURE LIST CHANGES 7 THE RIBBLESDALE STAKES 59 THE KING EDWARD VII STAKES 61 ROYAL ASCOT 2020 ORDER OF RUNNING 8 THE KING’S STAND STAKES 63 BROADCASTERS AT ROYAL ASCOT 10 THE DUKE OF CAMBRIDGE STAKES 65 ROYAL ASCOT BEHIND CLOSED DOORS THE ASCOT STAKES 66 REACHES OVER 120 TERRITORIES 11 THE SILVER ROYAL HUNT CUP 68 WORLD HORSE RACING 12 THE HAMPTON COURT STAKES 68 ROYAL ASCOT BREAKS NEW GROUND WITH THE KING GEORGE V HANDICAP 69 REAL-TIME WEATHER DATA 13 THE PRINCE OF WALES’S STAKES 71 QIPCO BRITISH CHAMPIONS DAY 14 THE ROYAL HUNT CUP 73 THE WINDSOR CASTLE STAKES 75 OVER 20 NATIONS SET TO JOIN THE COPPER HORSE HANDICAP 77 2020 WORLDPOOL 15 THE GOLDEN GATES HANDICAP 77 OWNERS AT HOME SET FOR VIRTUAL THE WOLFERTON STAKES 77 ROYAL EXPERIENCE 16 THE JERSEY STAKES 78 VETERINARY FACILITIES, EQUINE THE CHESHAM STAKES 80 AND JOCKEYS’ WELFARE 17 THE GOLD CUP 82 THE BRITANNIA HANDICAP 84 AWAY FROM THE TRACK 34 THE SANDRINGHAM HANDICAP 86 ASCOT RACECOURSE REVEALS FULL PLAN FOR THE PALACE OF HOLYROODHOUSE HANDICAP 87 “ROYAL ASCOT AT HOME” 19 THE ALBANY STAKES 87 THE NORFOLK STAKES 88 ASCOT RACECOURSE COVID-19 RESPONSE 24 THE HARDWICKE STAKES 90 2019 CHARITABLE ACTIVITY 26 THE COMMONWEALTH CUP 92 ROYAL ASCOT AT HOME POEM 27 THE QUEEN’S VASE 93 ROYAL ASCOT SCHOOLS ART COMPETITION 28 THE DUKE OF EDINBURGH HANDICAP 95 OUR MOST CUDDLESOME CONTRIBUTION 28 THE SILVER WOKIGHAM HANDICAP 97 ASCOT SUSTAINABILITY UPDATE - MAY 2020 29 THE QUEEN MARY STAKES 97 THE COVENTRY STAKES 99 PARTNERS & SUPPLIERS 46 THE CORONATION STAKES 101 THE ST JAMES’S PALACE STAKES 103 ASCOT’S OFFICIAL PARTNERS 31 THE DIAMOND JUBILEE STAKES 105 ASCOT’S OFFICIAL SUPPLIERS AND SPONSORS 32 THE WOKINGHAM HANDICAP 107 THE QUEEN ALEXANDRA STAKES 109 ASCOT HISTORY 68 WHEN ROYAL ASCOT WASN’T QUITE THE SAME..
    [Show full text]
  • Churchill Establishes Aroad to the Kentucky Derby
    FRIDAY, JUNE 15, 2012 732-747-8060 $ TDN Home Page Click Here CHURCHILL ESTABLISHES AROAD TO THE CAVIAR PLAYS HOST TO THE PRESS KENTUCKY DERBY@ Black Caviar (Aus) (Bel Esprit {Aus}) was the focus of Move over, graded stakes earnings. Officials at all the attention once again yesterday, as the unbeaten Churchill Downs announced Thursday that it has superstar was under examination during a media established a new points morning in Newmarket. system for qualifying for the After overseeing her GI Kentucky Derby next leisurely canter on the Al spring. Dubbed the ARoad to Bahathri Polytrack gallop, the Kentucky Derby,@ the trainer Peter Moody's system will be comprised of Racing Manager Jeff 36 races, beginning this fall. O'Connor said, The graded stakes system of "Everything has gone to determining Derby starters plan so far with her, the boys have been happy Horsephotos had been in place since Black Caviar and she has been eating 1986. The GI Kentucky Oaks Racing Post/Ed Whitaker will adopt a similar system. and sleeping normally. AOur primary driving motive is to create new fans for She took the flight all in her stride. She lost 9-10 kilos horse racing,@ said CDI Chairman and Chief Executive coming over which is normal and is eating and drinking Officer Bob Evans. AWe=re implementing a more fan- well. She has not quite put the weight back on yet, friendly, cohesive and simplified system that should which is why she will do very little for the next couple create compelling drama and appeal to a wider customer of days.
    [Show full text]
  • Two Day Sporting Memorabilia - Day 1 Monday 05 November 2012 12:30
    Two Day Sporting Memorabilia - Day 1 Monday 05 November 2012 12:30 Graham Budd Auctions Ltd Sotheby's 34-35 New Bond Street London W1A 2AA Graham Budd Auctions Ltd (Two Day Sporting Memorabilia - Day 1) Catalogue - Downloaded from UKAuctioneers.com Lot: 1 took full use of the opportunity A gold model of a kettledrum steering Reefer to a comfortable commemorating the victory of the 3 lengths win. Rossmore was racehorse 'Kettledrum' in the sure of victory and no doubt a 1861 Derby, the 'drumskin' made healthy wager helped pay for the with a grey hardstone and being purchase of this grand cup to a seal stamp with the following more than suitably commemorate hand written inscription reverse his horse's achievement. engraved KETTLEDRUM, Estimate: £6,000.00 - £8,000.00 WINNER OF THE DERBY, 1861, attached to a gold chain nearly 12in. in length Lot: 3 Estimate: £800.00 - £1,200.00 A preserved hoof of 'Zoedone' the 1883 Grand National winner, mounted with electroplate and Lot: 2 converted as an inkwell, the A magnificent trophy hinged lid inscribed ZOEDONE, commemorating the victory of GRAND NATIONAL WINNER, Lord Rossmore's 'Reefer' in the 1883, PRINCE KARL KINSKY 1882 Nottingham Spring Estimate: £400.00 - £600.00 Handicap, in hallmarked continental silver, a large vase & cover, the handles formed by Lot: 4 swan necks, the body with a A pair of royally presented racing band featuring winged horses plates worn by The Prince of and laurel, the square base with Wales's racehorse Persimmon ball & claw feet and inscribed and his full brother Diamond
    [Show full text]
  • Sporting Memorabilia Tuesday 05 November 2013 10:00
    Sporting Memorabilia Tuesday 05 November 2013 10:00 Graham Budd Auctions Ltd Sotheby's 34-35 New Bond Street London W1A 2AA Graham Budd Auctions Ltd (Sporting Memorabilia) Catalogue - Downloaded from UKAuctioneers.com Lot: 320 Lot: 324 A signed copy of Steve An autographed racing saddle Donoghue's autobiography 'Just dating to 1968, the white leather My Story', from the limited deluxe lightweight saddle originally sold edition, this copy numbered 5 of at an auction after a dinner in 200, signed by the champion honour of Scobie Breasley's jockey in ink and dated 12th retirement at the Anglo-American October 1923, published by Sporting Club, 25th November Hutchinson & Co., London, red 1968, profusely signed in blue leather gilt not illustrated biro, subjects including Scobie Estimate: £120.00 - £150.00 Breasley, Lester Piggott, Geoff Lewis, Bill Williamson, Taffy Thomas, Des Cullen, Bobby Lot: 321 Elliott, Eric Eldin, Eddie Hide, Signed b&w photographs of the Willie Carson, Tony Murray, jockeys Gordon Richards and Frankie Durr and many others Michael Beary, the Richards Estimate: £1,000.00 - £1,500.00 example signed in ink & dated 1933, the image of Beary on Mid Day Sun having won the 1937 Lot: 325 Derby signed in ink to the lower A Lester Piggott signed Nijinsky mount, the lot includes a 1970 Triple Crown photographic cigarette card, photocard and montage, with imagery from the press cutting all relating to Beary; 2,000 Guineas, Derby and St sold together with a an unsigned Leger, signed in blue marker pen, photograph of the 1909 Oaks the reverse with a COA winning owner and jockey Mr C incorporating a picture of Lester Cooper & Frank Wootton (6) at the signing in Newmarket Estimate: £200.00 - £250.00 Estimate: £100.00 - £150.00 Lot: 322 Lot: 326 An Anglo-American Sporting A signed pair of Frankie Dettori Club menu for a dinner held at breeches, by Ornella Prosperi, the London Hilton 9th May 1966 signed to the left leg in black in honour of Pat Taaffe, Tom marker pen, the reverse with Dreaper and 'Arkle' signed to the embroidered inscription L.
    [Show full text]
  • Here You See the Most Life and Interesting People, Go There
    REBECCA CASSIDY Introduction Pathos and Poetry The fi rst episode of Luck , a television series created by David Milch (NYPD Blue , Deadwood ), directed by Michael Mann (Manhunter , Heat ) and fi lmed at Santa Anita Park in California, aired on Home Box Offi ce in December 2011. It was immediately taken into a second season and broadcast in Britain in early 2012. In the conservative world of television writing, David Milch is regarded as a maverick genius, known for his uncompromising take on American life. Luck is no Seabiscuit . The fi rst episode weaves together a number of stories: the release from prison of Chester ‘Ace’ Bernstein (Dustin Hoffman), a racehorse owner with links to organised crime; a pick-six attempt by four inveterate gamblers or ‘railbirds’; and a hard boot trainer (Nick Nolte) with a dark horse. It also includes the humane destruction of a horse on the track, its head cradled in the arms of a tearful bug boy. Luck is a complex, unfl inching portrayal of violence and corruption at the track. Dialogue- and character-driven, it invites refl ection and understand- ing rather than judgement. Milch, a lifelong race fan and winner of two Breeders Cups, describes his series as ‘a love letter’, albeit an unsentimental one: ‘To me, the track is what the river was to Mark Twain. Where you see the most life and interesting people, go there. That’s what I’ve done.’ 1 In March 2012, halfway through fi lming the second episode of the second sea- son, production of Luck was permanently suspended by HBO, when a third horse had to be euthanized as a result of an accident on the set.
    [Show full text]
  • Introduction
    Cambridge University Press 978-1-107-01385-8 - The Cambridge Companion to Horseracing Edited by Rebecca Cassidy Excerpt More information REBEcca Cassidy Introduction Pathos and Poetry The first episode ofLuck , a television series created by David Milch (NYPD Blue, Deadwood), directed by Michael Mann (Manhunter, Heat) and filmed at Santa Anita Park in California, aired on Home Box Office in December 2011. It was immediately taken into a second season and broadcast in Britain in early 2012. In the conservative world of television writing, David Milch is regarded as a maverick genius, known for his uncompromising take on American life. Luck is no Seabiscuit. The first episode weaves together a number of stories: the release from prison of Chester ‘Ace’ Bernstein (Dustin Hoffman), a racehorse owner with links to organised crime; a pick-six attempt by four inveterate gamblers or ‘railbirds’; and a hard boot trainer (Nick Nolte) with a dark horse. It also includes the humane destruction of a horse on the track, its head cradled in the arms of a tearful bug boy. Luck is a complex, unflinching portrayal of violence and corruption at the track. Dialogue- and character-driven, it invites reflection and understand- ing rather than judgement. Milch, a lifelong race fan and winner of two Breeders Cups, describes his series as ‘a love letter’, albeit an unsentimental one: ‘To me, the track is what the river was to Mark Twain. Where you see the most life and interesting people, go there. That’s what I’ve done.’1 In March 2012, halfway through filming the second episode of the second sea- son, production of Luck was permanently suspended by HBO, when a third horse had to be euthanized as a result of an accident on the set.2 As the brief lifespan of Luck indicates, representing racing is a fraught and complex endeavour.
    [Show full text]
  • Download the 2021 Royal Ascot Media Guide
    15 – 19 JUNE 2021 MEDIA GUIDE 1 #RoyalAscot 2 CONTENTS RACING AT ROYAL ASCOT 6 THE RACES SEVEN RACE CARDS TO BE STAGED THE QUEEN ANNE STAKES 67 AT ROYAL ASCOT 5 THE COVENTRY STAKES 69 ROYAL ASCOT 2021 ORDER OF RUNNING 6 THE KING’S STAND STAKES 71 PRIZE MONEY IN 2021 8 THE ST JAMES’S PALACE STAKES 73 ROYAL ASCOT GOING REPORTS PLANNING THE ASCOT STAKES 75 & REAL-TIME WEATHER DATA 9 THE WOLFERTON STAKES 77 BREEDERS’ CUP CHALLENGE RACES THE COPPER HORSE HANDICAP 77 AT ROYAL ASCOT 10 THE QUEEN MARY STAKES 78 BROADCASTERS AT ROYAL ASCOT 11 THE QUEEN’S VASE 80 WORLD HORSE RACING 12 THE DUKE OF CAMBRIDGE STAKES 82 WORLD POOL IN OPERATION AGAIN AT THE PRINCE OF WALES’S STAKES 83 ROYAL ASCOT 13 THE ROYAL HUNT CUP 85 VETERINARY FACILITIES, EQUINE THE WINDSOR CASTLE STAKES 87 AND JOCKEYS’ WELFARE 14 THE KENSINGTON PALACE HANDICAP 88 ROYAL ASCOT 2021 EVENTS RESEARCH THE NORFOLK STAKES 89 PROGRAMME INFORMATION 15 THE HAMPTON COURT STAKES 91 COMPLIMENTARY ROYAL ASCOT TICKETS THE RIBBLESDALE STAKES 92 MADE AVAILABLE TO LOCAL COMMUNITY 16 THE GOLD CUP 94 THE BRITANNIA HANDICAP 96 THE KING GEORGE V HANDICAP 98 AWAY FROM THE TRACK 34 THE BUCKINGHAM PALACE HANDICAP 100 10TH ANNIVERSARY OF THE ROYAL ASCOT STYLE GUIDE 18 THE ALBANY STAKES 101 THE KING EDWARD VII STAKES 102 SIXTH ANNUAL ROYAL ASCOT MILLINERY COLLECTIVE 20 THE COMMONWEALTH CUP 104 THE CORONATION STAKES 105 ASCOT LAUNCHES ITS FIRST PODCAST SERIES: ROYAL ASCOT – A NEW ERA IN STYLE 21 THE SANDRINGHAM HANDICAP 107 THE DUKE OF EDINBURGH HANDICAP 108 ROYAL ASCOT AT HOME 2020 SHORTLISTED FOR ‘VIRTUAL
    [Show full text]
  • The Keeneland Association Library: a Guide to the Collection
    University of Kentucky UKnowledge Library Science Social and Behavioral Studies 1958 The Keeneland Association Library: A Guide to the Collection Amelia King Buckley Keeneland Association Library Click here to let us know how access to this document benefits ou.y Thanks to the University of Kentucky Libraries and the University Press of Kentucky, this book is freely available to current faculty, students, and staff at the University of Kentucky. Find other University of Kentucky Books at uknowledge.uky.edu/upk. For more information, please contact UKnowledge at [email protected]. Recommended Citation Buckley, Amelia King, "The Keeneland Association Library: A Guide to the Collection" (1958). Library Science. 1. https://uknowledge.uky.edu/upk_library_science/1 The Keeneland Association Library This page intentionally left blank The Keen eland Association Library A Guide to the Collection by Amelia King Buckley University of Kentucky Press 1958 COPYRIGHT © 1958 BY THE UNIVERSITY OF KENTUCKY PRESS COMPOSED AND PRINTED AT THE UNIVERSITY OF KENTUCKY LIBRARY OF CONGRESS CATALOG CARD NUMBER: 58-12481 The publication of this book has been possible partlu by reason of a grant from The Keeneland Association Foreword WHEN KEENELAND accepted the obligation to maintain an organized library on Thoroughbred racing and associated sub­ jects, it was not responding to popular demand, since there was no general demand for information in such a specialized field. Rather, it was establishing a broad inventory of reference material for horsemen, a few hobbyists, and a few scholars. In a broader sense, it was storing up information against the day when racing, as the most nearly universal of the great spectator sports and as a large industry affecting social and economic life, would be called upon to furnish data for research in genetics, probability theory, economics, manners and morals, history, law, physiology, psy­ chology, and other fields of inquiry.
    [Show full text]
  • Feature Presentation • Gi Travers S
    WEDNESDAY, AUGUST 21, 2013 732-747-8060 $ TDN Home Page Click Here THE TEST IS SET There is little more that Al Kazeem (GB) (Dubawi FEATURE PRESENTATION • GI TRAVERS S. {Ire}) could have done against his peers to further enhance his reputation this year and so he heads to York for today=s G1 Juddmonte International S. to be measured against a high-class 3-year-old in a true clash of the generations. Brushing aside Camelot (GB) (Montjeu {Ire}) in the G1 Tattersalls Gold Cup at The Curragh May 26 before dealing with Orb in Travers Form... Mukhadram (GB) GI Kentucky Derby winner Orb (Malibu Moon), last (Shamardal) in the seen finishing third in the June 8 GI Belmont S., will G1 Prince of Wales=s S. at Al Kazeem Racing Post photo make his return to the track in Saturday=s GI Travers S. Royal Ascot June 19, he at Saratoga. AI don=t think fitness will be a problem,@ overwhelmed Declaration of War (War Front) in the trainer Shug McGaughey said. AAll his works have been July 6 G1 Eclipse S. Weight-for-age always brings good.@ The Janney and uncertainty to bear and he has a hefty eight pounds to Phipps homebred worked hand to Toronado (Ire) (High Chaparral {Ire}) in a five panels at Fair Hill in fascinating encounter today. AHe=s the best horse I=ve :59.20 Aug. 10 and a half- ever trained,@ Roger Charlton said. AHe=s very tough, mile over the Oklahoma sound and versatile and very straightforward to train.
    [Show full text]
  • Breeders' Cup Bulletin
    Visit the COX PLATE TDN Website: DRAWS 16 www.thoroughbreddailynews.com P7 THURSDAY, OCTOBER 20, 2011 732-747-8060 $ TDN Home Page Click Here JOCKEYS= WHIP STRIKE STILL POSSIBLE BREEDERS’ CUP Strike action by jockeys remains a possibility as the severity of punishments for breaking the recently BULLETIN introduced whip guidelines became the focus of their cause, according to a statement released by the No Breeders’ Cup for Zazu Professional Jockeys= Association yesterday. The flames Mr. and Mrs. Jerome Moss=s Zazu (Tapit), last seen were fanned further with the PJA claiming senior recording an impressive last-to-first win in the GI Lady=s jockeys Frankie Dettori and Tony McCoy would not Secret S. at Santa Anita have given their endorsement had they known the full Oct. 1, will miss a tilt at the implications of the regulations. The British Horseracing GI Breeders= Cup Ladies= Authority, who consulted various institutions that Classic with inflammation in included jockeys= representatives before introducing the a shoulder, according to new rules, is set to make another announcement on the Daily Racing Form. Trained matter Friday. Riders are permitted to strike their by John Sadler, the gray mounts a maximum five times inside the final furlong-- worked four furlongs in :46 and a maximum seven all told--during a flat race and 2/5 at Santa Anita Oct. 16. face a sliding scale of deterrents. AThere are concerns "We're going to bypass the within horseracing that many jockeys will independently Ladies' Classic," Sadler told decide not to take part in some racing fixtures next Zazu DRF.
    [Show full text]
  • An a to Z of Racehorse Trainers at Epsom
    The text for this page has been reproduced from part two of the book RACEHORSE TRAINING AT EPSOM Over 400 trainers, over 50 stables, over 300 big race winners. By BILL EACOTT ISBN 978-0-9548278-1-6 with the kind permission of the author. PART 2. RACEHORSE TRAINERS AT EPSOM A-Z Name Address Known Dates ....... ADAMS, Frederick Pitt Place 1877-1879 (c.1844-1893) The Parade 1881-1889 Born at Cranbourne in Dorset, and the elder brother of William James Adams; Frederick Adams was listed as a trainer at The Parade, Epsom in the 1881 census. He trained Scamp to win the International Hurdle Handicap at Croydon in 1877. The York Herald lists 48 horses in training with Adams in 1877. Name Address Known Dates ....... ADAMS, Thomas Woodcote Road 1911 (1871-1923) Son of William James Adams; Tom Adams was born at Bourton on the Hill, and rode for his father. He was declared bankrupt in 1896, (his father had cited his sons’ gambling debts as a cause of his own bankruptcy the previous year). In the 1911 census Tom Adams is described as a racehorse trainer living in Woodcote Road. Name Address Known Dates ....... ADAMS, William James Turf Cottage, 1875-1882 (c.1846-1912) Bruce Lodge 1883-1897 The Cottage 1889 Priam Lodge 1890 The Cottage 1898-1911 William James Adams was born in Cranbourne, Dorset. Adams appears on four different census returns giving a different year of birth on all four. He always signed documents as Jimmy Adams, and was also known as “Jem”, or “Bones” having reputedly broken “every bone” in a series of falls.
    [Show full text]