Arsenal manager Arsene Wenger observes his side during a training session on Monday ahead of their Champions League match against Bayern Munich on Tuesday. Tony O'Brien / Action Images / Reuters / October 19, 2015
Arsenal manager Arsene Wenger observes his side during a training session on Monday ahead of their Champions League match against Bayern Munich on Tuesday. Tony O'Brien / Action Images / Reuters / October 19, 2015
Arsenal manager Arsene Wenger observes his side during a training session on Monday ahead of their Champions League match against Bayern Munich on Tuesday. Tony O'Brien / Action Images / Reuters / October 19, 2015
Arsenal manager Arsene Wenger observes his side during a training session on Monday ahead of their Champions League match against Bayern Munich on Tuesday. Tony O'Brien / Action Images / Reuters / Oct

‘We have to prove them wrong’: Arsene Wenger sets Arsenal out for famous turnaround


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Arsenal manager Arsene Wenger challenged his side to kick-start their Champions League campaign with a famous victory over Bayern Munich at the Emirates Stadium .

The German giants arrived in London on the back of a record ninth consecutive Bundesliga victory and are runaway leaders of Group F with maximum points from two European ties, scoring eight goals with no reply.

Arsenal, meanwhile, have suffered successive defeats from their first two Champions League fixtures to sit bottom of the table and face a battle to qualify for the last 16.

However, domestically Arsenal continue to impress, following up the demolition of Manchester United – when they netted three times in the opening 20 minutes – with a hard-earned 3-0 win at Watford to lie second in the Premier League table, just two points behind Manchester City.

Read more: Ian Hawkey on Chile's outsize influence on Tuesdays Arsenal v Bayern Munich match

Wenger knows he must get the balance right on Tuesday night as Arsenal look for victory over the 2012/13 Champions League winners to keep alive hopes of qualification.

“We don’t look at the history. We look at the potential performance on the day, that is what we try to do. After that the history doesn’t play the game,” said Wenger, whose side were knocked out by Bayern in the last 16 stage for each of the past two seasons.

“What will decide the game is the performance we produce, and that comes from if we believe that we can do it.”

Wenger added: “In Europe it is true we have been poor in our first two games, so that is what we want to correct.

“I must say we have our backs to the wall and we play against a top, top team, so I can understand the scepticism of people, but we have to prove them wrong.”

Wenger knows Arsenal must shackle in-form Poland striker Robert Lewandowski, who has plundered 15 goals in his last seven appearances for club and country.

“First the best to combat him is for us to have the ball, and after that you have to be shrewd with him,” said Wenger, who has defender Gabriel available again following illness.

“Inside the box he is outstanding, because his technique, his finishing, his movement inside the box, that is where we need the experience of (Per) Mertesacker and (Laurent) Koscielny to deal with that because that will be one of the important things on the night.”

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The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Indika
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%2011%20Bit%20Studios%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Odd%20Meter%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%205%2C%20PC%20and%20Xbox%20series%20X%2FS%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
NINE WINLESS GAMES

Arsenal 2-2 Crystal Palace (Oct 27, PL)

Liverpool 5-5 Arsenal  (Oct 30, EFL)

Arsenal 1-1 Wolves (Nov 02, PL)

Vitoria Guimaraes 1-1 Arsenal  (Nov 6, Europa)

Leicester 2-0 Arsenal (Nov 9, PL)

Arsenal 2-2 Southampton (Nov 23, PL)

Arsenal 1-2 Eintracht Frankfurt (Nov 28, Europa)

Norwich 2-2 Arsenal (Dec 01, PL)

Arsenal 1-2 Brighton (Dec 05, PL)

The specs: 2019 GMC Yukon Denali

Price, base: Dh306,500
Engine: 6.2-litre V8
Transmission: 10-speed automatic
Power: 420hp @ 5,600rpm
Torque: 621Nm @ 4,100rpm​​​​​​​
​​​​​​​Fuel economy, combined: 12.9L / 100km

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.”

Brief scores:

Manchester City 2

Gundogan 27', De Bruyne 85'

Crystal Palace 3

Schlupp 33', Townsend 35', Milivojevic 51' (pen)

Man of the Match: Andros Townsend (Crystal Palace)

EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

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Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

THE SPECS

      

 

Engine: 1.5-litre

 

Transmission: 6-speed automatic

 

Power: 110 horsepower 

 

Torque: 147Nm 

 

Price: From Dh59,700 

 

On sale: now  

 
MATCH INFO

Karnatake Tuskers 114-1 (10 ovs)

Charles 57, Amla 47

Bangla Tigers 117-5 (8.5 ovs)

Fletcher 40, Moores 28 no, Lamichhane 2-9

Bangla Tiger win by five wickets

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Company name: Farmin

Date started: March 2019

Founder: Dr Ali Al Hammadi 

Based: Abu Dhabi

Sector: AgriTech

Initial investment: None to date

Partners/Incubators: UAE Space Agency/Krypto Labs