Marcus Rashford impresses again as Manchester United cruise past Nottingham Forest


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Marcus Rashford continued his rich vein of form as Manchester United closed in on the Premier League top four with a 3-0 win over Nottingham Forest.

Rashford, fresh from an impressive World Cup campaign with England, scored the opener and made the second for Anthony Martial as United moved to within one point of fourth-placed Tottenham.

He was off the pitch by the time that Fred added late gloss to the victory that Rashford spearheaded.

The 25-year-old has been back to his best this season and scored his eighth goal in 13 games for club and country, looking a real threat throughout the match.

The way he combined with Martial and Antony in attack suggests that United will fare just fine without the departed Cristiano Ronaldo.

And with the possibility of additions next month, Erik ten Hag’s side will be making a real push to break into those Champions League places and stay in them through the second half of the season.

For Forest, who had a goal ruled out by VAR, this match went a little better than the last time they played United when they lost 8-1 in 1998, but they remain in the bottom three and with Chelsea to come on New Year’s Day it does not get any easier.

Having conceded six at Manchester City and five at Arsenal, Steve Cooper’s side will have arrived at Old Trafford with a sense of trepidation about what was to come.

They had a taste of what might be in store as early as the fourth minute as Wayne Hennessey – making his first Premier League start since January – turned a Tyrell Malacia shot on to a post.

The next 15 minutes were actually of promise for Forest as they probed United without the prospect of creating anything and then it all fell apart inside the space of four minutes.

The hosts took the lead in the 19th minute with a goal straight off the training ground as Rashford darted to the front post to meet Christian Eriksen’s low corner and swept into the far corner to draw level with Eric Cantona on 64 Premier League goals for United.

A mere 185 seconds later it was 2-0 as United produced a scintillating counter-attack with Rashford this time the provider, breaking at pace and then squaring for Martial, whose low shot squirmed through the hands of Hennessey, who will not be too keen to see any replays.

Unfortunately for Forest, VAR official Robert Madley watched plenty of replays of the goal Forest thought they had scored five minutes before the break.

Renan Lodi whipped in an inviting cross that Ryan Yates appeared to head into the far corner.

However, Madley first checked for a handball on Yates as his arm was outstretched and then when it became apparent that the ball deflected off Willy Boly on the way in, he ruled the defender was in an offside position and Forest were denied a first away goal since August.

Forest needed a goal early in the second half and they briefly threatened, but it was United that continued to create the meaningful chances.

Rashford was at the heart of another lightning break, feeding Bruno Fernandes, who teed up Antony, but Hennessey made a good save.

The goalkeeper, playing his first game since being sent off for Wales at the World Cup, was being kept busy and went some way to atoning for that first-half error making a string of stops to keep it at two.

He denied Rashford with his feet, kept out Martial with a smart stop and then tipped over from Casemiro’s chipped effort.

It looked like Ten Hag’s men would have to settle for two, but Fred killed the game in the final five minutes, coolly converting after Casemiro’s clever pass.

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Expected completion: 2022

Height: 24 meters

Ground floor banquet hall: 370 square metres to accommodate about 750 people

Ground floor multipurpose hall: 92 square metres for up to 200 people

First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time

First floor terrace areas: 2,30 square metres  

Temple will be spread over 6,900 square metres

Structure includes two basements, ground and first floor 

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Four stars

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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Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

Updated: December 27, 2022, 10:14 PM