Antibiotics can help some bacteria survive for longer and protect them from death, research has suggested.
The drugs have traditionally been used as a blanket medication for infections, as it is believed they kill bacteria or stop them from growing.
However, research has shown that the drugs can actually protect or even benefit bacteria, with some cultures not growing in the laboratory until they were treated with antibiotics.
Antibiotic resistance has stopped some drugs from working as bacteria change in response to the use of these medicines.
This means that untreatable infections could be the biggest global cause of death by 2050, experts say.
In the research funded by the Engineering and Physical Sciences Research Council and published in the Proceedings of the National Academy of Sciences journal, the team found that certain antibiotics can alleviate stress and help prevent the decline of bacterial populations when they are dying out.
This means more bacteria survive for longer compared to untreated populations.
“The study began when we realised that, surprisingly, some bacterial strains didn’t grow in the lab until we treated them with antibiotics,” said lead author Robert Beardmore, from the University of Exeter.
“As a result, this is the first evidence that antibiotics can promote bacterial survival.
“To tackle antibiotic resistance worldwide, we need to understand far more about the impact of these drugs on the balance of bacterial ecosystems, like those in the gut microflora, or in rivers that are exposed to antibiotics.
“Our research is evidence of unseen side effects – we just don’t know how drugs are changing the balance of bacterial populations in those contexts.”
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Bacteria undergo periods of rapid growth, punctuated by periods where growth stops because nutrients are scarce, so the bacteria die off.
So far, little is known about how antibiotics mediate populations during those periods.
The researchers examined E coli in lab experiments.
They found that antibiotics that attacked ribosomes – factories that help cells make protein from DNA – slowed bacteria down as they were growing.
But they also stopped them from dying, meaning the bacteria survived for longer overall, the study suggests.
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.”
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