Casemiro of Manchester United is consoled by teammate Antony (R) after receiving a red card in the English Premier League soccer match between Manchester United and Southampton in Manchester, Britain, 12 March 2023. EPA/Adam Vaughan EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 120 images, no video emulation. No use in betting, games or single club / league / player publications
Casemiro of Manchester United is consoled by teammate Antony (R) after receiving a red card in the English Premier League soccer match between Manchester United and Southampton in Manchester, Britain, 12 March 2023. EPA/Adam Vaughan EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 120 images, no video emulation. No use in betting, games or single club / league / player publications
Casemiro of Manchester United is consoled by teammate Antony (R) after receiving a red card in the English Premier League soccer match between Manchester United and Southampton in Manchester, Britain, 12 March 2023. EPA/Adam Vaughan EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 120 images, no video emulation. No use in betting, games or single club / league / player publications
Casemiro of Manchester United is consoled by teammate Antony (R) after receiving a red card in the English Premier League soccer match between Manchester United and Southampton in Manchester, Britain,

Casemiro sent off again as Manchester United are held by rock-bottom Southampton


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Manchester United survived Casemiro's early red card and an impressive display by rock-bottom Southampton as a pulsating Old Trafford encounter ended goalless.

Erik ten Hag stressed the need for his side to be at their best as the Red Devils returned to Premier League duty for the first time since last weekend's historic 7-0 thrashing at rivals Liverpool.

United showed impressive character to bounce back and beat Real Betis on Thursday and again produced a display of strength to draw 0-0 with Southampton after Casemiro's second sending-off of the season.

The Brazil international looked devastated when referee Anthony Taylor brandished a straight red in the 34th minute after the VAR advised him to review the challenge on Carlos Alcaraz on the pitchside monitor.

United felt aggrieved by that decision, just as they did when penalty appeals were rejected before the break.

United goalkeeper David de Gea told Sky Sports: “It should be a game to win today but the game changed when we lost a man in the team.

“We tried our best to score but it was difficult. They had some chances but in the end we showed good team spirit. We have to take the point and keep going.”

Saints' performance belied their wretched season to date and Aaron Wan-Bissaka cleared off the line shortly after the break, with James Ward-Prowse seeing a free-kick graze the bar.

De Gea and Gavin Bazunu produced outstanding saves across this scoreless encounter, including the latter tipping a Bruno Fernandes shot on to the post before Kyle Walker-Peters hit the woodwork at the other end.

Man United 0-0 Southampton - in pictures

  • Manchester United's Casemiro is consoled by teammate Antony after receiving a red card in the 0-0 Premier League draw against Southampton at Old Trafford on March 12, 2023. EPA
    Manchester United's Casemiro is consoled by teammate Antony after receiving a red card in the 0-0 Premier League draw against Southampton at Old Trafford on March 12, 2023. EPA
  • Casemiro looks dejected as he leaves the pitch after being shown a red card. Getty
    Casemiro looks dejected as he leaves the pitch after being shown a red card. Getty
  • Casemiro challenges Southampton's Carlos Alcaraz. AP
    Casemiro challenges Southampton's Carlos Alcaraz. AP
  • Referee Anthony Taylor consults the pitch-side monitor before showing a red card to Casemiro. AFP
    Referee Anthony Taylor consults the pitch-side monitor before showing a red card to Casemiro. AFP
  • Bruno Fernandes reacts during the match. PA
    Bruno Fernandes reacts during the match. PA
  • Marcus Rashford after a missed chance. Getty
    Marcus Rashford after a missed chance. Getty
  • Marcus Rashford runs with the ball past Gavin Bazunu of Southampton. Getty
    Marcus Rashford runs with the ball past Gavin Bazunu of Southampton. Getty
  • Marcus Rashford reacts during the match. AP
    Marcus Rashford reacts during the match. AP
  • Frustration for Bruno Fernandes and Marcus Rashford at Old Trafford. AP
    Frustration for Bruno Fernandes and Marcus Rashford at Old Trafford. AP
  • United's David de Gea looks on as the ball hits the post. Reuters
    United's David de Gea looks on as the ball hits the post. Reuters
  • Manchester United manager Erik ten Hag gestures on the touchline. AFP
    Manchester United manager Erik ten Hag gestures on the touchline. AFP
  • Southampton's James Ward-Prowse after hitting the woodwork with a free-kick. AFP
    Southampton's James Ward-Prowse after hitting the woodwork with a free-kick. AFP

United's final Premier League match of the month ended in a hard-fought point, which represented a positive start to a key week as Ruben Selles' Saints battle for survival.

Elsewhere, Said Benrahma's penalty lifted West Ham back out of the relegation zone after a 1-1 draw with Aston Villa.

The Hammers fell behind to an Ollie Watkins header but Benrahma hit back from the spot after Lucas Paqueta was fouled.

West Ham started the day in the bottom three after Bournemouth's shock win over Liverpool.

They knew a victory would lift them 14th, but they were unable to find a winner with Danny Ings drawing a blank against his old club.

Nonetheless, a draw moved them up to 17th ahead of Bournemouth on goal difference and stretched West Ham's unbeaten streak against Villa to 10 matches, going back to 2015.

West Ham defender Kurt Zouma told Sky Sports: “I think it should have been three points. We played a good game and had many chances but just couldn't score. Obviously we need to get wins.

“That was their only chance and they scored. We kept the focus and the belief to come back. We should have won but we got a point and need to move on.”

MATCH INFO

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1 Jeff Bezos $140 billion
2 Bill Gates $98.3 billion
3 Bernard Arnault $83.1 billion
4 Warren Buffett $83 billion
5 Amancio Ortega $67.9 billion
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An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.

There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.

The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.

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While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash. 

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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.

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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.

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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.

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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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Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

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Updated: March 12, 2023, 4:40 PM