West Ham United player Michail Antonio has undergone surgery on a lower limb fracture following a road traffic accident.
The 34-year-old forward was taken to hospital in London following the incident in Epping, Essex on Saturday afternoon.
After confirming on Saturday that Antonio had been involved in a road traffic accident, the Premier League club provided an update later in the day stating that the striker “was in a stable condition in hospital” after the accident.
On Sunday afternoon, a further update was provided. “West Ham United can confirm Michail Antonio has undergone surgery on a lower limb fracture following a road traffic accident on Saturday afternoon,” the club wrote on X.
“Michail will continue to be monitored in hospital over the coming days.
“Everyone at the Club wishes Michail a speedy recovery and wishes to express its sincere gratitude to the football family at large for the overwhelming support shown since yesterday’s news, as well as extending a heartfelt thank you to the emergency services and first responders who attended to Michail in the immediate aftermath of the incident, and the medical team who continue to aid him in his recovery.
“The Club will provide further updates when appropriate.”
Essex Fire Service also confirmed firefighters had attended the scene and released a man trapped in his car.
A statement read: “Crews were called to High Road, Epping, at 1.02pm this afternoon after reports of a road traffic collision involving one car.
“In arrival, firefighters reported that a man was trapped in his car and worked to release him by 1.45pm. The casualty was left in the care of the Ambulance Service.”
A further statement from Essex Police added: “Officers investigating a serious collision in Epping are asking for witnesses and dash cam footage.
“We were called shortly after 12.50pm on Saturday 7 December to Coppice Row, Epping, following reports of what is believed to be a single vehicle collision involving a Ferrari.
“Emergency services attended and the driver has been taken to hospital.
“The vehicle has been recovered and we are no longer on scene.”
The Jamaica international is in his 10th season with West Ham after joining the club from Nottingham Forest in 2015. He has scored 83 goals in 323 appearances, making him the club's all-time Premier League goalscorer. He helped the Hammers win the Europa Conference League in 2023.
Antonio began his footballing journey with non-League Tooting and Mitcham before moving into the professional ranks with Reading. He has also had spells with Cheltenham, Southampton, Colchester and Sheffield Wednesday.
He made his Jamaica debut in 2021 and has scored five goals in 21 appearances for the country.
National team head coach Steve McClaren said: “On behalf of the entire group of players, support staff and technical staff, I would like to wish Michail a speedy recovery.”
A number of West Ham’s rival clubs have also posted well wishes.
A social media post from Arsenal read: “Everyone at Arsenal sends their love, support and well wishes to Michail, his family and West Ham United.”
Chelsea said: “The thoughts of everyone at Chelsea FC are with Michail and his family.”
A message from Liverpool read: “The thoughts and prayers of everyone at LFC are with Michail and his family.”
West Ham host Wolves at the London Stadium on Monday.
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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