As the days get shorter, the temperatures begin to drop and the trails become colored with falling leaves, it is time to transition your wardrobe to maintain comfort. Below are a few of our favorite fall fashion items to help keep you feeling good and looking good on the trail as you continue to run, ride or hike all fall and winter long.Smartwool Men’s Teller Jacket The Teller jacket combines a wind resistant front panel with an ultra-breathable merino wool back panel that is as soft as jersey knit cotton. The Teller is great to put on when you have finished a mountain bike climb and are preparing to descend. It also is a great choice for hiking since it keeps your core warm and protected from the wind, while allowing your heat to escape once you warm up. The Teller jacket also transitions nicely to a casual piece when you are ready to go meet friends after a run or bike ride. Wish it came in more colors, but you are limited to green, blue or black.MSRP $160.00; smartwool.comSmartwool PhD Smartloft Down VestThe Smartloft down vest is similar to the Teller jacket minus the sleeves. It is more versatile and better suited for activities where you tend to work up a sweat and desire greater breathability and temperature regulation. It too has a wind resistant front panel and breathable merino wool back. The Smartloft is form fitting enough to allow you to comfortably bike or run in it. The Smartloft vest is available in men’s and women’s cut and is fairly form-fitting compared to other vests.MSRP $170.00; smartwool.comLorpen T3 Trail Running and Cycling SocksLorpen has once again raised the bar in sock technology. Its motto, “to design and build the best technical socks in the world” is demonstrated through its continued innovation. The T3 technology offers the utmost in breathability for both warm weather and cold weather. Lorpen has designed a three-layer technology for winter socks and summer socks. The winter T3 socks feature merino wool to help keep feet warm while maintaining breathability, while the summer line relies on Tencel and Coolmax for the utmost in breathability and cooling. I tend to wear my trail and cycling T3 summer socks three seasons out of the year. The T3 ski sock line is the best ski sock I have found in the marketplace in that it provides a warm and comfortable fit for all day outings in ski boots or hiking boots. Lorpen socks have proven to hold up longer and retain less sediment than other merino socks on the market.MSRP $10.99-21.99; lorpennorthamerica.com
The €24bn multi-sectoral pension fund PGB increased its mortgage allocation eightfold to €1.2bn last year, representing 5.4% of its entire investment portfolio.In its annual report for 2016, it said residential mortgages offered better returns than government bonds with a similar duration, while also having limited credit risk. Its mortgage allocation returned 7.6% over the year.It added that European credit, which returned 4%, had a similar advantage. The profit from both asset classes far offset the higher management costs the scheme incurred, PGB said.The pension fund, which has 304,000 workers and pensioners in total, posted an overall yield of 10.9%. Euro-denominated government bonds were the best returning asset class, generating 13.4% due to falling interest rates.The equity portfolio (40% of total assets) generated 9.9%. The pension fund said it had refocused on passive investments and intended to increase its worldwide factor-based and quantitative mandates.PGB added that it had further diversified its holdings by investing in alternative credit through corporate loans. Its portfolio (4.2% of total assets) delivered 11.4% during the year.Infrastructure also performed strongly, gaining 12.2%, while its inflation-linked bonds returned 9.2%. PGB has 3.9% invested in infrastructure and 4.7% in inflation-linked bonds.The multi-sectoral fund said it would set up a new IT system for administration and communication in an effort to improve its client relations. Its affiliated employers will be offered a new pensions portal, including a dashboard with self-service options.Last year, PGB spent €163 per participant on administration and paid 0.29% of its assets for asset management.It attributed the doubling of its transaction costs to 0.12% to an increased number of transactions in the wake of its dynamic policy for hedging its interest rate risk.Its hedge ranges from 20% when the 30-years swap rate is less than 0.5% to 80% when the swap rate is higher.According to the pension fund, the surplus return of its dynamic hedge far outstripped the rise in transaction costs. Its interest hedge – largely comprising government bonds – remained less than 40% over the year.In 2016, PGB also absorbed the pensions of the maritime fishing industry (Zeevisserij), the wholesale sector for flowers and plants (Groothandel Bloemen en Planten), and paper and glass (Papier en Glas). It now serves eight sectors.At the end of April, the pension fund’s coverage ratio stood at 104.8%.
0Shares0000Morocco players celebrate after winning the 2018 CHAN title in CassablancaCASABLANCA, Morocco, Feb 5- Ayoub el Kaabi scored his ninth goal of the 2018 African Nations Championship (CHAN) as Morocco became the first hosts to triumph by thrashing 10-man Nigeria 4-0 Sunday in a Casablanca downpour.With Nigeria in disarray and the final long over as a contest, the previously little known striker completed his record-extending goal haul by firing into the net from close range. Zakaria Hadraf put the home team ahead at Stade Mohammed V on the stroke of half-time and added the match-clinching third goal midway through the second half.In between the first goals of the tournament for Hadraf, fellow midfielder Mohamed el Karti netted soon after Nigerian attacker Eneji Moses was red-carded following a second caution.Before the biennial tournament kicked off last month, Achraf Bencharki from 2017 CAF Champions League winners Wydad Casablanca was the centre of attention.His five goals were instrumental in the success of Wydad and he was expected to spearhead the Moroccan CHAN challenge.But Bencharki was a shock absentee from the line-up for the tournament opener while lone striker El Kaabi bagged a brace in a 4-0 mauling of Mauritania.He followed up with a hat-trick — only the third in the history of the tournament — against Guinea, put one past Namibia and scored twice in the semi-final victory over Libya.His nine goals comfortably surpassed the previous record of five from Zambian Given Singuluma in the first CHAN finals nine years ago.El Kaabi helped Racing Casablanca win promotion to the Moroccan top flight last season, then joined Renaissance Berkane, a relatively successful but low-profile elite division outfit.After his CHAN exploits, national coach Herve Renard is likely to give the 24-year-old a chance as Morocco prepare to face Iran, Portugal and Spain at the 2018 World Cup in Russia.The destruction of Nigeria created a record winning margin for a CHAN final, bettering the three-goal victories of Tunisia and the Democratic Republic of Congo.Morocco pocketed a record Sh127mn ($1.25 million) having justified their pre-tournament role as favourites to win the fifth CHAN.Sudan performed best of the four previous host nations, finishing third. Rwanda reached the quarter-finals and the Ivory Coast and South Africa exited after the first round.Morocco also became the first champions to win five of the six matches — defeating Mauritania, Guinea, Namibia and Libya before overwhelming Nigeria.The only blemish was partly self-inflicted as they fielded a virtual reserve side in a goalless draw with Sudan after both nations had secured last-eight places.El Kaabi had a goal disallowed and struck the woodwork before Hadraf sidefooted a cut-back between the legs of goalkeeper Oladele Ajiboye for a 45th-minute lead.After Moses had been sent off, Morocco took control and Nigeria fell apart with some comical defending contributing to their downfall.El Karti made it 2-0 just past the hour, Hadraf completed his brace three minutes later and player-of-the-tournament El Kaabi completed the rout with 73 minutes gone.0Shares0000(Visited 1 times, 1 visits today)