Manchester United striker Danny Welbeck, second left, scores his team's second goal during a 2-0 defeat of Swansea City at Old Trafford on Saturday. Andrew Yates / AFP
Manchester United striker Danny Welbeck, second left, scores his team's second goal during a 2-0 defeat of Swansea City at Old Trafford on Saturday. Andrew Yates / AFP

Manchester United strike back to send Swansea down at Old Trafford



MANCHESTER // Manchester United lifted the gloom around Old Trafford by beating Swansea City 2-0 on Saturday to end a three-match losing run that pushed the English champions to the brink of a crisis.

The relief was clear inside the stadium after Antonio Valencia and Danny Welbeck scored second-half goals to revive a season that was in danger of derailing under new manager David Moyes.

The win not only keeps seventh-place United in touch with the top six but will go some way to restoring confidence after a chastening start to 2014 that saw the team defeated three times in six days.

Defeats by Tottenham Hotspur, Swansea and Sunderland had left United at risk of losing four successive games for the first time since 1961, but they blew off the cobwebs with an assured display at Old ­Trafford.

Valencia swept home the first goal from close range less than two minutes after the break, before Welbeck deftly glanced in the second in the 59th minute for his sixth goal in his past six league games.

The win came six days after Swansea had dumped United out of the FA Cup on the same pitch.

Teenage winger Adnan Januzaj was the catalyst for United’s victory and he went close to opening the scoring in the 11th minute with a free kick that struck the crossbar.

Welbeck also squandered a glorious chance when he bundled wide, but the pressure told early in the second period when Valencia tapped home after Gerhard Tremmel parried a header from Shinji Kagawa.

Januzaj provided the cross for Kagawa and he was also the source of United’s second goal, in the 59th minute, with a centre that was cleared to Patrice Evra, whose first-time shot was deftly flicked home by Welbeck.

With Januzaj outstanding and Kagawa providing valuable support, some of the hosts’ old swagger began to return.

They looked certain to get a third goal but Smalling somehow managed to scoop over from barely three yards after being picked out, completely unmarked, at the far post by Kagawa.

It was the Japan midfielder’s turn to fail with the goal at his mercy shortly afterwards when Rafael fed the ball through to him after leading a rapid break from deep inside his own half.

Kagawa seemed to have done everything right, only for Leon Britton to get back on the line to clear a shot that just lacked the pace to get it over.

Still, victory was a relief for Moyes and, with a week before his side’s visit to Chelsea, he might be able to do some business in the transfer market, although the sight of Robin van Persie in the stands and the knowledge Wayne Rooney is warm-weather training in Egypt underlines the class United are missing.

sports@thenational.ae

Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5

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A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed
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'Texas Chainsaw Massacre'

Rating: 1 out of 4

Running time: 81 minutes

Director: David Blue Garcia

Starring: Sarah Yarkin, Elsie Fisher, Mark Burnham

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Where%20the%20Crawdads%20Sing
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Company%20Profile
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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.”

COMPANY%20PROFILE
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UAE currency: the story behind the money in your pockets
How being social media savvy can improve your well being

Next time when procastinating online remember that you can save thousands on paying for a personal trainer and a gym membership simply by watching YouTube videos and keeping up with the latest health tips and trends.

As social media apps are becoming more and more consumed by health experts and nutritionists who are using it to awareness and encourage patients to engage in physical activity.

Elizabeth Watson, a personal trainer from Stay Fit gym in Abu Dhabi suggests that “individuals can use social media as a means of keeping fit, there are a lot of great exercises you can do and train from experts at home just by watching videos on YouTube”.

Norlyn Torrena, a clinical nutritionist from Burjeel Hospital advises her clients to be more technologically active “most of my clients are so engaged with their phones that I advise them to download applications that offer health related services”.

Torrena said that “most people believe that dieting and keeping fit is boring”.

However, by using social media apps keeping fit means that people are “modern and are kept up to date with the latest heath tips and trends”.

“It can be a guide to a healthy lifestyle and exercise if used in the correct way, so I really encourage my clients to download health applications” said Mrs Torrena.

People can also connect with each other and exchange “tips and notes, it’s extremely healthy and fun”.

City's slump

L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1

SPECS
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
TO A LAND UNKNOWN

Director: Mahdi Fleifel

Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa

Rating: 4.5/5

If you go

The flights 

Emirates flies from Dubai to Funchal via Lisbon, with a connecting flight with Air Portugal. Economy class returns cost from Dh3,845 return including taxes.

The trip

The WalkMe app can be downloaded from the usual sources. If you don’t fancy doing the trip yourself, then Explore  offers an eight-day levada trails tour from Dh3,050, not including flights.

The hotel

There isn’t another hotel anywhere in Madeira that matches the history and luxury of the Belmond Reid's Palace in Funchal. Doubles from Dh1,400 per night including taxes.

 

 

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