Arsenal manager Mikel Arteta, left, and Manchester City's Pep Guardiola are once again battling for the Premier League title. AP
Arsenal manager Mikel Arteta, left, and Manchester City's Pep Guardiola are once again battling for the Premier League title. AP
Arsenal manager Mikel Arteta, left, and Manchester City's Pep Guardiola are once again battling for the Premier League title. AP
Arsenal manager Mikel Arteta, left, and Manchester City's Pep Guardiola are once again battling for the Premier League title. AP

Man City v Arsenal: Arteta ready for battle with 'best coach in the world' Guardiola


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Mikel Arteta has hailed Pep Guardiola as “the best coach in the world” ahead of Arsenal's top-of-the-table clash against Manchester City on Sunday.

Arsenal currently lead the Premier League on goal difference ahead of Liverpool with reigning champions City one point behind.

The Gunners have won eight games on the trot this year, scoring a prolific 33 goals along the way, but face the ultimate test of their title credentials against a City side looking to become the first team to secure four English top-flight crowns in a row.

Arteta has close ties with his title rivals after a three-year spell as assistant coach to Guardiola before leaving to take over at the North London club in what is his first managerial role.

Last season, it looked like Arteta was set to guide Arsenal to their first championship since 2004 – holding an eight-point lead at the top at the start of April – only to be overhauled by City in the home straight.

And now Arteta and Guardiola are going toe-to-toe again with Arsenal twice having come out on top in games this season – winning the Community Shield on penalties and the league game at the Emirates Stadium 1-0 in October thanks to Gabriel Martinelli's late winner.

When asked on Friday whether his relationship with Guardiola was different now due to the rivalry, Arteta replied: “It had to change.

Arsenal 1 Man City 0: Player ratings

“My admiration and what I feel for him certainly hasn't. In my opinion he's the best coach in the world by a mile and he's one of the nicest people that I've met in football.

“Certainly he's one of the ones that I've had the most fun and laughter working with. That's going to stay there forever.

“At the moment the rules are what they are and you're going to have to adapt to it.

“Probably I would prefer to do it [win the title] against someone who I don't have those feelings for but that's not a choice. It's what it is. We both want to win.

“We'll prepare the game very well. You cannot feel different about the person, but professionally you have to act differently.”

Arteta confirmed forwards Bukayo Saka and Gabriel Martinelli could feature having missed the international break with minor injuries, while defender Gabriel Magalhaes is also expected to be fit enough to start.

Guardiola, meanwhile has suffered a double defensive blow ahead of the game at the Etihad Stadium with Kyle Walker and John Stones both ruled out.

Walker suffered a hamstring injury in the early stages of England's friendly with Brazil last weekend, while Stones completed that game but then picked up an adductor problem 10 minutes into the draw with Belgium.

Goalkeeper Ederson could return to the side for the first time since suffering a thigh injury when conceding a penalty against Liverpool and Manuel Akanji has recovered from a knock on international duty with Switzerland, while Guardiola will make a late decision on the fitness of Kevin de Bruyne.

“Ederson is much better but Kyle and John are out,” the Spaniard said. “It is what it is. “For Kyle it will be more tougher than John [in terms of recovery], but I don't know for how many games he will be out.”

Guardiola's side remain in contention for a repeat of last season's treble, as they take on Real Madrid in the last eight of the Champions League and Chelsea in the FA Cup semi-finals.

City are on a superb run of form themselves and are currently enjoying a 22-game unbeaten streak in all competitions, dating to the start of December that also saw them win the Fifa Club World Cup for the first time.

Their 4-0 thrashing of Brazilian side Fluminense in Saudi Arabia made it a remarkable five trophies for City in 2023, having also beaten Sevilla in the Uefa Super Cup.

“It's good to be here and in contention for three titles after what happened last season,” Guardiola added. “We made incredible work.

“Right now every game is so important. If we are able to do it [against Arsenal], the next game will be important as well.

“We played really good the last month but the international break, the first game after you think what will happen? Yesterday we trained good and we have two more training sessions and will be ready for it again.”

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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.

“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: March 30, 2024, 6:05 AM