Five years after the first recorded cases of Covid-19, China is facing a surge in the number of cases of another respiratory virus.
Identified as human metapneumovirus (HMPV), an increase in cases in northern provinces of China has led to a public health emergency, with children most vulnerable. The World Health Organisation has yet to issue global guidance, while government officials in Beijing said rising infections were a result of the winter season.
HMPV is not a new virus but causes similar symptoms to influenza and other respiratory viruses circulating at this time of year. It has been reported that emergency measures have been put in place in some hospitals in China to manage the spread of HMPV infections.
Cases have been reported in Hong Kong, while in India pregnant women, the elderly and immunocompromised people have been advised to wear masks by Kerala Health Minister Veena George. The latest viral outbreak comes five years after the first cases of Covid-19 were reported around the world, that later evolved into a global pandemic claiming more than seven million lives.
Respiratory viruses usually spread more widely during winter, with vaccination campaigns for influenza introduced across the UAE in October to restrict the spread of infections similar to HMPV. In the UK, NHS data showed cases of flu increased during the Christmas and New Year period, with more than 5,000 patients in hospital in the first week of 2025 – three-and-a-half times higher than the same period in 2024.
According to the NHS, there was also an average of 74 children with RSV in hospital every day in early January, up almost 50 per cent for the same period in 2023. A further 1,184 beds were occupied by patients with Covid-19 a day on average, UK health officials said.
“These latest figures show the pressure from flu was nowhere near letting up before we headed into the New Year, skyrocketing to over 5,000 cases a day in hospital as of the end of last week and rising at a very concerning rate,” said Prof Julian Redhead, NHS national clinical director for urgent and emergency care. “On top of flu there is also continual pressure from Covid, while RSV and norovirus hospital cases are also higher than last year.”
What is HMPV and how is it transmitted?
The human metapneumovirus was identified in 2001 by scientists in the Netherlands, although it is believed to have been circulating globally for at least 50 years. Similar to influenza and respiratory syncytial virus (RSV), HMPV can cause respiratory tract infections in patients of all ages, but children and the elderly are most vulnerable. The virus is passed on through close contact with those infected, or direct contact with their secretions. Symptoms usually begin three to five days after exposure.
What are the symptoms and how can they be treated?
Mild symptoms are similar to other respiratory viruses and include sore throat and fever, a cough, runny nose or nasal congestion. In more severe cases, breathing difficulties and pneumonia can develop. Treatment varies with the severity of symptoms, with medication to reduce fever, antihistamines and breathing treatments bringing effective relief.
When is HMPV passed on?
Cases usually develop in winter, and while there is limited data on reinfection rates it is understood a repeat infection results in milder symptoms. As with other respiratory infections like influenza or Covid-19, covering the mouth and nose when sneezing can prevent further infections, and regular hand washing.
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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.”
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Applicants should send their completed applications - CV, covering letter, sample(s) of your work, letter of recommendation - to Nick March, Assistant Editor in Chief at The National and UAE programme administrator for the Rosalynn Carter Fellowships for Mental Health Journalism, by 5pm on April 30, 2020.
Please send applications to nmarch@thenational.ae and please mark the subject line as “Rosalynn Carter Fellowship for Mental Health Journalism (UAE programme application)”.
The local advisory board will consider all applications and will interview a short list of candidates in Abu Dhabi in June 2020. Successful candidates will be informed before July 30, 2020.
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