Andre Ayew is proving a popular figure at Swansea City among fans and players alike. Jan Kruger / Getty Images
Andre Ayew is proving a popular figure at Swansea City among fans and players alike. Jan Kruger / Getty Images
Andre Ayew is proving a popular figure at Swansea City among fans and players alike. Jan Kruger / Getty Images
Andre Ayew is proving a popular figure at Swansea City among fans and players alike. Jan Kruger / Getty Images

Andre Ayew: The popular Swansea star stepping out from behind his famous father’s shadow


Ian Hawkey
  • English
  • Arabic

What can you get for under £6 million (Dh33.9m) in the current transfer window? Listen to some of the opinions already cast over what will end up being by far highest spending domestic market in the world during this close-season, and perhaps, this year, the answer is that, for less than £6m, you get the best-value newcomer of any to have joined the cast of the Premier League.

Technically, Andre Ayew, who was out of contract at Marseille in June, joined Swansea City on a free transfer. According to reliable sources, his windfall from that set of circumstances was a signing-on fee creeping well over £5.5m.

That Swansea, a club at risk of dropping from the fourth tier of English football just over 12 years ago, are paying such sums is a demonstration of the soaring resources of the Premier League.

That they beat off interest from Champions League clubs such as Roma, Bayer Leverkusen and Wolfsburg for the 25-year-old Ghana international is evidence of something else: The Welsh club offer an attractive ethos for those who can be choosy.

Gary Monk, the Swansea manager who prepares to welcome Manchester United, liked Ayew as soon as they first spoke, noted his genuine, well-researched appreciation of Swansea’s passing style, and has been impressed with the player’s studious approach and interaction with other players during team meetings. Colleagues have cottoned on that conversation with Ayew is easy. He speaks several languages, and is articulate in each of them. His chats in French with striker Bafetembi Gomis, who also came to south Wales from France’s Ligue 1, played a part in his decision to say yes to Monk’s club.

He speaks English just as fluently, although much of his schooling was in France.

EPL predictions: Chelsea cruise past Crystal Palace; Swansea stunt Manchester United

His education, he admits, was fairly privileged. Both his parents were well off financially, although, as he told me once, their backgrounds had been very distinct.

His father … well, there can hardly be any follower of Ayew’s career who does not know his father is Abedi “Pele” Ayew, three times African Footballer of the Year, Champions League winner with Marseille in 1993, among numerous other honours. His mother is Abedi’s second wife, Maha.

“They made sure I was able to be myself,” he said. “I always had two different ways of seeing things. My father had come from really a very poor background. My mother’s was very different. She came from a very ‘good’ family. I wouldn’t say I had everything I wanted as a kid but certainly, we had the most important things and we had parents who advised us, and help us grow up.”

The “us” here are he, his younger brother Jordan, who has just joined Aston Villa, and sister Imani. They were born when Abedi was earning well, playing his club football in Europe – Andre was born in Lille – and he grew up with his multi-lingual education and many options. At the same time, the obvious direction to pursue a career was heavily signposted.

He had inherited some of his father’s poise and athletic balance and even along the more distant boughs of his family tree there was excellent footballer after excellent footballer. His uncles Kwame and Sola were internationals; his half-brother, Ibrahim, would be one of his Ghana teammates at the 2010 World Cup; he and Jordan played together at the 2014 finals in Brazil.

So to ask who were his early role-models is to ask the most obvious question. Yet being the son of an icon, and nephew of a star, carries both privileges and pressures.

“People were always talking about my dad and what he had done and always wanting to see him in you,” he said. “But I’d been taught to expect that, and when I decided to go with trying to make a life in football, I knew that would be waiting for me. I knew I wanted to make my own name in it.”

Andre Ayew is not Abedi, though he resembles him facially, and occasionally, taking off down the wing or issuing a clever pass from a pocket of space in advanced midfield, he seems just like a more muscular, 21st century version of his father.

At times in his career he has seemed almost too determined to be a different sort of player, like the period when he seemed to want to define himself as a deep central midfielder – one the players he admired growing up was the Argentinian who played that role at Real Madrid, Fernando Redondo – though his role at Swansea will be attacking.

For Swansea, Ayew can become many things: versatile; a leader; evidently a goalscorer – he has two already this season – and a scorer of all sorts of different types of goals. What he can be, above all, is his own man.

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PROFILE

Name: Enhance Fitness 

Year started: 2018 

Based: UAE 

Employees: 200 

Amount raised: $3m 

Investors: Global Ventures and angel investors 

The specs

Engine: 2.0-litre 4-cylinder turbo

Power: 258hp from 5,000-6,500rpm

Torque: 400Nm from 1,550-4,000rpm

Transmission: Eight-speed auto

Fuel consumption: 6.1L/100km

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Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
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​​​​​​​Fuel consumption, combined: 10.5L / 100km

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.”

AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5

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RESULT

Norway 1 Spain 1
Norway: King (90 4')
Spain: Niguez (47')

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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets