Trent Alexander-Arnold magic as Liverpool ease past Rangers


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Liverpool put their recent troubles behind them to comfortably beat Rangers 2-0 in the Champions League on Tuesday and move into second spot in Group A.

The win, thanks to a sumptuous first-half free kick from Trent Alexander-Arnold and a second-half penalty by Mohamed Salah, put the six-times European champions on six points after three games - three points behind leaders Napoli.

The Scots, who barely threatened Liverpool to the disappointment of their passionate fans complete with a bagpipe-player, remain bottom of the group on zero points.

In need of a morale booster after their poor start to the Premier League, Liverpool's four-man attack of Salah, Diogo Jota, Luis Diaz and Darwin Nunez swarmed over Rangers from the off.

Liverpool manager Jurgen Klopp was delighted by his team's tidy and confident performance, especially the first goal from Alexander-Arnold, who has come in for recent criticism.

Alexander-Arnold, whose chances of making England's World Cup squad are in the balance after recent below-par displays, struck a superb free kick over the wall and past Rangers goalkeeper Allan McGregor in the seventh minute to raise the roof off Anfield.

"The performance was great from the lads," said Alexander-Arnold. "No matter what, I always try to think positively. People say things but for me it's all about performing for the team. That's all that matters, getting wins and helping the team. It's been a slow start to the season for me but I'm looking forward to the rest of the season.

"We went back to a basic 4-4-2 and played it really well, shifted across the pitch well. We made it compact, they couldn't play through us, they were playing long balls and we picked them off.

"This year is going to be very intense. It's what we're used to, three games a week. There's no excuses. With the games coming thick and fast, it's exciting for us."

Nunez could have had a hat-trick in the first half as McGregor pulled off four saves in succession from the Uruguayan striker. But it was Salah who scored the second from the penalty spot in the 53rd minute after Diaz was brought down in the box.

The so-called "Battle of Britain" clash underlined the gulf in quality between the top flight divisions in England and Scotland.

Rangers looked drained and exhausted trying to stem Liverpool's attacks as the intuitive Thiago Alcantara blocked attacks and fed through balls from midfield.

Virgil van Dijk, who has been in the firing line for Liverpool's leaky defence of late, was barely troubled at the back, although Rangers substitute Rabbi Matondo did force a goal line clearance from Kostas Tsimikas in the dying minutes.

The specs
Engine: 3.0-litre 6-cyl turbo

Power: 374hp at 5,500-6,500rpm

Torque: 500Nm from 1,900-5,000rpm

Transmission: 8-speed auto

Fuel consumption: 8.5L/100km

Price: from Dh285,000

On sale: from January 2022 

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

NYBL PROFILE

Company name: Nybl 

Date started: November 2018

Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

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Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
Schedule:

Sept 15: Bangladesh v Sri Lanka (Dubai)

Sept 16: Pakistan v Qualifier (Dubai)

Sept 17: Sri Lanka v Afghanistan (Abu Dhabi)

Sept 18: India v Qualifier (Dubai)

Sept 19: India v Pakistan (Dubai)

Sept 20: Bangladesh v Afghanistan (Abu Dhabi) Super Four

Sept 21: Group A Winner v Group B Runner-up (Dubai) 

Sept 21: Group B Winner v Group A Runner-up (Abu Dhabi)

Sept 23: Group A Winner v Group A Runner-up (Dubai)

Sept 23: Group B Winner v Group B Runner-up (Abu Dhabi)

Sept 25: Group A Winner v Group B Winner (Dubai)

Sept 26: Group A Runner-up v Group B Runner-up (Abu Dhabi)

Sept 28: Final (Dubai)

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.”

Updated: October 04, 2022, 9:35 PM