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Minimus vs. Maximus

first_imgMinimus vs. Maximus It seems as if a line in the sand of the running world has been drawn: minimalists who want a barefoot feel from their running shoes, and traditionalists who still crave more cushion for the pushin’. We take a look at two new minimal running shoes and two new hyper-cushioned shoes.Minimal1. New Balance – Minimus Trail It’s more of a transitional barefoot shoe than the Vibram Five Fingers. The Minimus looks like a trail racer and has a 4mm drop from the heel to toe, as opposed to the coveted “zero drop” of most other barefoot shoes. But the Minimus Trail has no insert and a minimal midsole and outsole for a supremely flexible package. 7 ounces. $100; newbalance.com 2. Inov-8 – Bare-Grip 200 Long before Born to Run became a bestseller, Inov-8 was focused on simple, lightweight trail shoes. Their latest innovation, the Bare Grip 200, highlights the qualities that Inov-8 has always done best: low-profile simplicity and super-grippy traction. The Bare Grips have zero drop from heel to toe, and the knobby cleats grip the ground better than any trail shoe on the market. 7 ounces. $110; Inov-8.comCushioned3. Montrail – Fairhaven This hyper-cushioned shoe has Montrail’s new FluidPost midsole that adjusts to the amount of pronation “on demand.” When you’re running on flat surfaces like roads, your foot strikes the softer center of the midsole. As you move to uneven trails, your foot occasionally strikes the edges of the midsole, where the foam is denser and offers more support. 11 ounces. $110; montrail.com 1 2last_img read more

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Dutch transport scheme posts 12.7% profit [updated]

first_imgVervoer, the large sector scheme for the Netherlands’ private road transport system, posted a 12.7% gain in 2016.The €23bn transport scheme said this preliminary return figure included increases of 8% on fixed income, 11.2% on equity, 8.7% on real estate and 1.8% on infrastructure.In the fourth quarter, Vervoer’s investments yielded 3.4% over the course of the fourth quarter, with its equity holdings – roughly a third of the portfolio – generating 7.5%.The gains helped the pension scheme raise its funding ratio to 101.4%. However, the quarterly equity return was offset by a 0.2% loss on Vervoer’s fixed income allocation, and losses of 1.5% and 1.3% on property and infrastructure, respectively.Vervoer’s performance outpaced that of other large Dutch schemes. PFZW posted a 12% return in 2016, while PME, PMT, Philips, and KLM’s cabin staff scheme all saw gains of between 10% and 11%.Meanwhile, the €3.3bn pension fund of applied technical research institute TNO reported an annual profit of 9.7%.With gains of 12.9%, private equity was the best returning asset class of the TNO scheme last year. It said that fixed income and mortgages combined generated 9.4%, while equity and real estate yielded 8.8% and 6.9%, respectively, over the year.Following the decline of swap rates, TNO gained 1% from its interest rate hedge. However, the pension fund lost 0.3% on its currency hedge of the US dollar, sterling, and the yen.Funding of the Pensioenfonds TNO rose slightly during the year to 110.5%.last_img read more