The quota for hedge funds and private equity investments increased to a similar extent: private equity from 0.64% to 1%, and hedge funds from 2.62% to 3%.The other major Swiss bank, UBS, using a different sample for its extrapolation of pension fund returns, calculated a slight drop in hedge fund exposure – “despite a solid annual return of 3.9%” in that asset class.Overall it also noted an increase in the exposure to alternatives to 8%.Other performance drivers, according to UBS, were real estate (6.27%), global equities (9.89%), and foreign fixed income (4.68%).As larger pension funds in general have a greater exposure to alternative and foreign assets as well as real estate, the statistics show them performing better in 2016.According to UBS, Swiss Pensionskassen with assets under management over CHF1bn (€820m) returned 3.91% over the full year while the extrapolated average overall was 3.41%.In its quarterly update on pension fund statistics Prevanto pointed out how different return averages are depending on the sample used. The pension adviser compared the 2016 average reported by Credit Suisse (4.06%), to that of the Swisscanto Monitor (3.52%), UBS (3.41%), and the Pictet BVG 25 Plus benchmark index (3.37%). Prevanto also pointed out the continuing wide gap between the average funding ratio of public pension funds (92.9%) and that of private pension funds (110.7%) as of 31 December.Earlier in January, Willis Towers Watson had calculated an aggregated overall average funding ratio of 96.8%. Swiss Pensionskassens’ allocation to alternative assets reached an “all-time high” last year, Credit Suisse noted in its quarterly survey.The share of alternative assets (not including real estate or mortgages) climbed 127 basis points during the year to 6.86% at the end of December 2016.In Credit Suisse’s survey of its pension fund custody clients, the category “alternatives” comprises hedge funds, commodities, and private equity.The share of commodities in portfolios increased, from 2.33% to 2.85% year-on-year, and contributed positively to returns, Credit Suisse said.
Tweet National guidelines suggest exercising for 150 minutes a weekToo much jogging may be as bad for you as not putting on your running shoes at all, a report in the Journal of the American College of Cardiology says.Scientists studied more than 1,000 healthy joggers and non-joggers over a 12-year period.Those who jogged at a steady pace for less than two and a half hours a week were least likely to die in this time.But those who ran more than four hours a week or did no exercise had the highest death rates.‘Upper limit’Analysing questionnaires filled out by all the people in the Danish study, scientists concluded the ideal pace was about 5mph (8km/h) and that it was best to jog no more than three times a week or for 2.5 hours in total.People who jogged more intensively – particularly those who jogged more than three times a week or at a pace of more than 7mph – were as likely to die as those who did no exercise.Researcher Jacob Louis Marott, from the Frederiksberg Hospital in Copenhagen, said: “You don’t actually have to do that much to have a good impact on your health.“And perhaps you shouldn’t actually do too much.“No exercise recommendations across the globe mention an upper limit for safe exercise, but perhaps there is one.”Scientists are not yet sure what is behind this trend – but they say changes to the heart during extreme exercise could contribute.‘Brisk walking’In their report, they suggest: “Long-term strenuous endurance exercise may induce pathological structural remodelling of the heart and arteries.”Maureen Talbot, senior cardiac nurse at the British Heart Foundation, said: “This study shows that you don’t have to run marathons to keep your heart healthy.“Light and moderate jogging was found to be more beneficial than being inactive or undertaking strenuous jogging, possibly adding years to your life.“National guidelines recommend we do 150 minutes of moderate-intensity activity a week.“It may sound like a lot, but even brisk walking is good exercise. And if you’re bit of a couch potato, this is a good place to start.” 199 Views no discussions Share Sharing is caring! Share Share HealthLifestyle Too much jogging is ‘unhealthy’ by: BBC News – February 3, 2015
Redshirt sophomore running back Vavae Malepeai is on track to surpass his 2017 season rushing yard total. (Tucker Judkins | Daily Trojan)USC took the practice field Wednesday ahead of Saturday’s matchup with No. 19 Colorado with two Buffaloes in mind: junior quarterback Steven Montez and sophomore wide receiver Laviska Shenault Jr.Montez is a model of efficiency, as proven by his 11:2 touchdown to interception ratio this season. He has completed 75.2 percent of his passes, good for second in the nation despite attempting more passes than anyone else in the top five. The third-year starter doesn’t only rely on short passes either; his 9.3 yards per attempt ranks 14th in the FBS.“Now he’s been in the system for a little bit, you can really see his maturity within the offense,” defensive coordinator Clancy Pendergast said. “He can make all the throws, and he makes a lot of plays with his feet as well.”Unlike Montez, Shenault came into 2018 as a relatively unknown player, but he’s made a name for himself early this season. He ranks third in the country in both receptions and yards — 51 and 708, respectively — and has added six receiving touchdowns. Shenault is a multifaceted threat, reflected in his four rushing touchdowns in just five games. His 749 total yards from scrimmage rank 11th in the nation, partially a result of a creative Colorado offense.“They line him up in a lot of different spots, they do a really nice job of covering him up,” Pendergast said. “I think the most impressive thing offensively that they do is multiplicity within their formations, and he’s a big part of that.”Coming off a 13-reception, 127-yard performance against Arizona State that featured four total touchdowns and earned him Pac-12 Offensive Player of the Week, the Trojans will be hard-pressed to limit Shenault.Part of the Buffaloes’ offensive creativity comes from their use of trick plays and wildcat formations. Trick plays have burned the Trojans at times this year, most notably on a 71-yard touchdown run from UNLV during Week 1.“We just have to play with good eye discipline and control, and play them when they come,” Pendergast said. “They’ve got a really good package of trick plays, and they use multiple people in [them].”Although the calls may seem like a gimmick, players have full confidence in their coaches’ play-calling.“It’s a lot of eye candy no doubt, but coach [Pendergast] just says ‘keep your eyes on your luggage,’” freshman safety Talanoa Hufanga said. “We need to see where our guy goes, and make sure that we follow up. When the ball crosses the line of scrimmage, that’s when we know we have to attack.” Wednesday’s practice featured an emphasis on third down, which Helton said would be crucial against a talented offense like Colorado’s, especially with Montez’s ability to create outside the pocket at 6-foot-5 and 235 pounds.“You look at what he’s doing right now, escaping and creating, and not only running the ball and pulling it down, but actually finding his receivers,” Helton said. “We’re going to need to contain him and get off the field.”That also applied to the other side of the ball; Helton said that Colorado brings a variety of pressures on third down, and that protecting freshman quarterback JT Daniels could be a deciding factor.After a sloppy start to the season, the Trojans are looking to prove themselves in a matchup with a ranked team under the Coliseum lights.“We’re trying to get back to that Pac-12 Championship [game],” redshirt senior cornerback Ajene Harris said. “Every game is important, and we’re all aware of that. We’re just ready to compete.”Injury updateSophomore running back Stephen Carr did not attend practice due to a stomach illness. The staff held out redshirt senior center Toa Lobendahn with back spasms. Senior linebacker Porter Gustin is expected to be at full strength Saturday after recovering from an ankle injury.Senior linebacker Cam Smith left practice early with a tight hamstring. Helton said it was nothing serious, just a preventative measure. The staff also pulled Brandon Pili after the sophomore defensive lineman had his toe stepped on. Helton said they would get an X-ray as a precaution.
Mims Davies MP, the UK Minister for Sports & Civil Society (DCMS) has praised GVC Holdings new safer gambling and mental-health research commitments, announced yesterday alongside the launch of the firm’s new ‘Changing for the Bettor’ campaign.A core corporate commitment for 2019 and beyond, GVC governance has detailed that the FTSE100 enterprise will lead the industry in reducing problem-gambling, tackling gambling addictions multiple complexities through science, research and better treatment.Beyond promoting safer gambling protocols, yesterday GVC became the first industry stakeholder to back the development of a new research project – ‘Division on Addiction’, spearheaded by Cambridge Health Alliance, a Harvard Medical School faculty.The FTSE betting group will commit $5 million to develop new research modules on gambling addiction and prevention, with Cambridge Health allowed access to player data across a range of its brands, sports betting, and gaming products.GVC has detailed that the research collaboration will focus on (but not limited) to the following criteria: –Patterns of normal internet gambling behaviourBehavioural markers of gambling problems among internet players generally and on specific betting and game typesCross-product analysesCross-brand analysesThe effects of the expansion of gambling in new marketsAs the Minister overseeing UK gambling, Mims Davies MP personally backed GVC’s corporate commitment, highlighting the firm’s collaboration with health/science stakeholders as a progressive directive for the industry to follow.“Gambling operators have a key role to play in protecting people from harm and identifying potentially risky betting behaviour. Research is essential to progress in this area and GVC’s ‘Changing for the Bettor’ campaign will make an important contribution to tackling problem gambling.”“We are committed to protecting consumers across the country and are working with industry to create a healthy and more socially responsible sector.” Related Articles Share Share StumbleUpon GVC hires ‘comms pro’ Tessa Curtis to re-energise media profile August 25, 2020 GVC absorbs retail shocks as business recalibrates for critical H2 trading August 13, 2020 UKGC launches fourth National Lottery licence competition August 28, 2020 Submit