Arsenal restored their five-point cushion at the Premier League summit on Wednesday night with a composed but unspectacular 2-0 win over Brentford, as a chaotic evening elsewhere saw Chelsea sink deeper into crisis, Liverpool stall again and Aston Villa surge into third.
At the Emirates Stadium, Arsenal required neither fireworks nor fluency to take another assured stride towards ending their 22-year wait for a league title.
What they did need was Mikel Merino, a player transformed into one of the division’s most effective auxiliary forwards, and Bukayo Saka, whose late cameo finally killed Brentford resistance.
Merino, preferred once more to Viktor Gyökeres despite the Swede’s return to fitness, justified Mikel Arteta’s faith with the type of finish that has become his trademark this season. Ben White’s drifting cross invited the run; Merino’s timing, power and conviction supplied the rest as he thundered home his 11th goal of the campaign for club and country.
“It’s unbelievable what he has done again today,” said Arteta. “The movement, the quality, the finish, how he times it ... it’s phenomenal.”
Brentford pressed without hesitation but offered little incision. Saka’s introduction on the hour upped Arsenal’s threat, and deep into stoppage time he finally settled lingering nerves, squeezing a low drive past Caoimhin Kelleher to secure three valuable points.
If Arsenal surged, Chelsea unravelled. Daniel Farke entered the evening under immense pressure after four successive defeats, but his Leeds side delivered a full-throttle response that dragged them out of the relegation zone with a 3-1 win at Elland Road.
Jaka Bijol’s towering header from an Anton Stach corner set the tone after six minutes, and Leeds rode a wave of fervour from the stands to double their lead before half-time through Ao Tanaka’s crisp strike.
Pedro Neto briefly revived Chelsea hopes with a deflected effort early in the second half, but another calamitous defensive lapse – Tosin Adarabioyo robbed deep inside his own penalty area – allowed Dominic Calvert-Lewin to restore Leeds’ cushion. Enzo Maresca cut a chastened figure. “A very poor night,” the Chelsea manager admitted. “They were better than us in all aspects.”
There was little relief at Anfield either. Liverpool required a heavily deflected Nordi Mukiele own-goal to salvage a 1-1 draw against Sunderland, leaving Arne Slot’s side marooned in eighth and steeped in frustration.
Chemsdine Talbi punished Virgil van Dijk’s errant pass to give Sunderland the lead before Florian Wirtz’s late effort, bound for the corner, took its decisive touch off Mukiele. Even then, Sunderland nearly snatched a famous win, Wilson Isidor denied only by Federico Chiesa’s desperate goal-line block.
Aston Villa, by contrast, continued their irresistible climb. Trailing 2-0 at Brighton after Jan Paul van Hecke’s opener and a Pau Torres own-goal, Villa turned the match on its head. Ollie Watkins struck twice in quick succession to ignite the comeback, Amadou Onana headed in from a Matty Cash corner to complete it, and Donyell Malen added a fourth. Van Hecke’s second trimmed the margin, but Brighton fell to their first home defeat of the season.
Elsewhere, Nottingham Forest eased away from danger with a 1-0 win at Wolves – Igor Jesus heading the decisive goal – while Crystal Palace rose to fifth as Daniel Munoz struck the only goal in a 1-0 victory over beleaguered Burnley.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
The Bio
Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
MATCH INFO
Uefa Champions League semi-final, second leg result:
Ajax 2-3 Tottenham
Tottenham advance on away goals rule after tie ends 3-3 on aggregate
Final: June 1, Madrid
UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models
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More on animal trafficking
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
A list of the animal rescue organisations in the UAE
Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
T20 World Cup Qualifier
October 18 – November 2
Opening fixtures
Friday, October 18
ICC Academy: 10am, Scotland v Singapore, 2.10pm, Netherlands v Kenya
Zayed Cricket Stadium: 2.10pm, Hong Kong v Ireland, 7.30pm, Oman v UAE
UAE squad
Ahmed Raza (captain), Rohan Mustafa, Ashfaq Ahmed, Rameez Shahzad, Darius D’Silva, Mohammed Usman, Mohammed Boota, Zawar Farid, Ghulam Shabber, Junaid Siddique, Sultan Ahmed, Imran Haider, Waheed Ahmed, Chirag Suri, Zahoor Khan
Players out: Mohammed Naveed, Shaiman Anwar, Qadeer Ahmed
Players in: Junaid Siddique, Darius D’Silva, Waheed Ahmed
Spider-Man: No Way Home
Director: Jon Watts
Stars: Tom Holland, Zendaya, Jacob Batalon
Rating:*****
more from Janine di Giovanni
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills