Manager Brendan Rodgers of Liverpool looks on during his side's win over Norwich City on Sunday. Michael Regan / Getty Images / April 20, 2014
Manager Brendan Rodgers of Liverpool looks on during his side's win over Norwich City on Sunday. Michael Regan / Getty Images / April 20, 2014
Manager Brendan Rodgers of Liverpool looks on during his side's win over Norwich City on Sunday. Michael Regan / Getty Images / April 20, 2014
Manager Brendan Rodgers of Liverpool looks on during his side's win over Norwich City on Sunday. Michael Regan / Getty Images / April 20, 2014

‘Going to be a brilliant game’ with Chelsea, declares Rodgers


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Brendan Rodgers is confident his Liverpool players possess the necessary ingredients to get the better of title rivals Chelsea when the two teams meet at Anfield this weekend.

Liverpool will go into that game five points ahead of Jose Mourinho’s side following their 3-2 win at Norwich City on Sunday, which followed an unexpected victory by bottom club Sunderland at Chelsea the previous day.

Victory next Sunday would put Liverpool within touching distance of their first ever Premier League title with two games left to play.

Their rise to the top of the table, which has also seen them overtake Manchester City and Arsenal, has been achieved through attractive, attacking play and Rodgers gave an insight into the philosophy that has helped them get there.

“When they are in the changing room just before we go out, I always tell them, ‘Lose yourself, focus on the ball and focus on the team. If you do that, then we can be a real force,’” he said.

“You have seen all the characteristics of our team today (Sunday) – wonderful invention and creativity, courage, arrogance on the ball, goal-scoring, young players and senior players all playing, and instructions that allow them to express themselves.

“It’s going to be a brilliant game next weekend with Chelsea coming to Anfield. The supporters will be right up for it and the players as well. We are looking forward to it.”

Raheem Sterling scored two of Liverpool’s goals at Carrow Road, either side of Luis Suarez’s 30th Premier league goal of the season, and Rodgers hailed the England international for his contribution.

“He is arguably the best young player in European football at the moment,” Rodgers said.

“He is 19 years of age and if he doesn’t win the (Professional Footballers’ Association) Young Player of the Year award, it’s ridiculous.

“I have been really pleased with his maturity. He puts an awful lot of time into his work and we have tried to play him in different positions to improve his football intelligence.

“He’s got that in-built belief that he can be a good player, but he’s a really humble lad.”

Rodgers also revealed that the victory at Norwich had been inspired by a speech given by the head of the Hillsborough Family Support Group at last week’s memorial service to mark the 25th anniversary of the disaster.

Margaret Aspinall, whose son, James, was one of 96 Liverpool fans crushed to death during an FA Cup semi-final at Sheffield’s Hillsborough stadium in 1989, was one of several people to speak at the service, including Rodgers himself.

“We were at the memorial service this week. There was hope for the families there as well,” said the Liverpool manager.

“I used some words of Margaret Aspinall. We put them up on the wall (in the changing room).

“She talked about stress and how it can prove difficult for you, but it can also offer you great determination to fight, and that is what we gave the players today.

“This is all one club at this moment in time and we are all fighting to achieve the ultimate goal.”

Liverpool have now won their last 11 Premier league games, but Norwich have lost their last four and are in danger of being overtaken by each of the three teams below them in the relegation slots.

Manager Neil Adams saw Gary Hooper and Robert Snodgrass find the Liverpool net and was encouraged by his side’s improved second-half performance, which will have to be replicated in their final fixtures, against Manchester United, Chelsea and Arsenal.

“The performances in the past two games have been first-class, but we have to get the points,” he said.

“The belief is there and we are 100 per cent committed to staying in the division.”

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The biog

Full name: Aisha Abdulqader Saeed

Age: 34

Emirate: Dubai

Favourite quote: "No one has ever become poor by giving"

 

 

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Red flags
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Name: Kumulus Water
 
Started: 2021
 
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Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
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Sun jukebox

Rufus Thomas, Bear Cat (The Answer to Hound Dog) (1953)

This rip-off of Leiber/Stoller’s early rock stomper brought a lawsuit against Phillips and necessitated Presley’s premature sale to RCA.

Elvis Presley, Mystery Train (1955)

The B-side of Presley’s final single for Sun bops with a drummer-less groove.

Johnny Cash and the Tennessee Two, Folsom Prison Blues (1955)

Originally recorded for Sun, Cash’s signature tune was performed for inmates of the titular prison 13 years later.

Carl Perkins, Blue Suede Shoes (1956)

Within a month of Sun’s February release Elvis had his version out on RCA.

Roy Orbison, Ooby Dooby (1956)

An essential piece of irreverent juvenilia from Orbison.

Jerry Lee Lewis, Great Balls of Fire (1957)

Lee’s trademark anthem is one of the era’s best-remembered – and best-selling – songs.

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5.30pm: Maiden (PA) Dh80,000 (T) 1,600m, Winner: Hisham Al Khalediah II, Fernando Jara, Mohamed Daggash.

6pm: Handicap (PA) Dh85,000 (T) 1,600m, Winner: Qader, Adrie de Vries, Jean de Roualle

6.30pm: Abu Dhabi Championship Listed (PA) Dh180,000 (T) 1,600m, Winner: Mujeeb, Fabrice Veron, Eric Lemartinel

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7.30pm: Handicap (TB) Dh90,000 (T) 1,600m, Winner: Shanaghai City, Fabrice Veron, Rashed Bouresly

8pm: Handicap (TB) Dh100,000 (T) 1,400m, Winner: Nayslayer, Bernardo Pinheiro, Jaber Ramadhan

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.”