Tottenham Hotspur's Emmanuel Adebayor, centre, celebrates scoring their first goal as Tottenham rolled past Swansea City on Sunday. Rebecca Naden / Reuters
Tottenham Hotspur's Emmanuel Adebayor, centre, celebrates scoring their first goal as Tottenham rolled past Swansea City on Sunday. Rebecca Naden / Reuters
Tottenham Hotspur's Emmanuel Adebayor, centre, celebrates scoring their first goal as Tottenham rolled past Swansea City on Sunday. Rebecca Naden / Reuters
Tottenham Hotspur's Emmanuel Adebayor, centre, celebrates scoring their first goal as Tottenham rolled past Swansea City on Sunday. Rebecca Naden / Reuters

Adebayor stars as Sherwood’s Tottenham extend league run


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Emmanuel Adebayor scored twice as Tottenham Hotspur moved level on points with fourth-placed Liverpool in the Premier League after a 3-1 win away to struggling Swansea on Sunday.

Adebayor’s goals, separated by a Chico Flores own-goal, ensured Tottenham remained unbeaten in the league under manager Tim Sherwood, whose record now stands at five wins and a draw since the Englishman replaced sacked predecessor Andre Villas-Boas.

For Swansea, an eighth successive league match without a win left Michael Laudrup’s men just three points above the relegation zone.

The Welsh club had early chances at the Liberty Stadium, with Hugo Lloris saving Jonjo Shelvey’s long-range shot and striker Wilfried Bony hitting the crossbar when the France goalkeeper had been beaten by a powerful shot.

Swansea also had appeals for a penalty rejected by referee Martin Atkinson after Ivory Coast forward Bony was pushed in the back by Spurs defender Michael Dawson inside the box.

But, against the run of play, Togo international Adebayor gave Spurs a 35th minute lead when he powered in a header following an excellent first-time cross from Christian Eriksen.

And the north London side made it 2-0 in the 53rd minute when Flores turned Kyle Walker’s cross into his own net with Spurs’ Nacer Chadli waiting behind him.

Spurs wasted a chance to make it 3-0 when Mousa Dembele shot wide with Adebayor unmarked just yards from goal.

However, Adebayor’s fury turned to joy when, moments later, Spurs again opened up the frail Swansea defence.

Danny Rose did not repeat Dembele’s mistake but instead squared the ball to Adebayor who tapped from in from close range in the 71st minute.

Bony pulled a goal back seven minutes later with a shot from the edge of the box but it was all too late for Swansea.

Sunday’s other top-flight match sees high-flyers Chelsea at home to Manchester United.

The Blues will kick off nine points in front of faltering champions United, who will be without injured striker Wayne Rooney and Robin van Persie.

Victory for Jose Mourinho’s Chelsea would see them move to within a point of league leaders Arsenal.

By contrast, a United defeat at Stamford Bridge would increase the pressure on Red Devils boss David Moyes, whose team are currently an unusually lowly seventh in their first season since the retirement of Alex Ferguson, Britain’s most successful manager.

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It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Our Time Has Come
Alyssa Ayres, Oxford University Press

SPECS
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UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

Last five meetings

2013: South Korea 0-2 Brazil

2002: South Korea 2-3 Brazil

1999: South Korea 1-0 Brazil

1997: South Korea 1-2 Brazil

1995: South Korea 0-1 Brazil

Note: All friendlies

Key developments

All times UTC 4

Euro 2020

Group A: Italy, Switzerland, Wales, Turkey 

Group B: Belgium, Russia, Denmark, Finland

Group C: Netherlands, Ukraine, Austria, 
Georgia/Kosovo/Belarus/North Macedonia

Group D: England, Croatia, Czech Republic, 
Scotland/Israel/Norway/Serbia

Group E: Spain, Poland, Sweden, 
N.Ireland/Bosnia/Slovakia/Ireland

Group F: Germany, France, Portugal, 
Iceland/Romania/Bulgaria/Hungary

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

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.”

Director: Romany Saad
Starring: Mirfat Amin, Boumi Fouad and Tariq Al Ibyari

RESULT

Bournemouth 0 Southampton 3 (Djenepo (37', Redmond 45' 1, 59')

Man of the match Nathan Redmond (Southampton)