David Meyler, left, of Hull City celebrates scoring his team's second goal during a 3-1 win over Liverpool on Sunday. Matthew Lewis / Getty Images
David Meyler, left, of Hull City celebrates scoring his team's second goal during a 3-1 win over Liverpool on Sunday. Matthew Lewis / Getty Images

Hull City pull surprise upset win over depleted Liverpool side



Hull City 3 Liverpool 1

Hull City: Livermore 20', Meyler 72', Skrtel og '87

Liverpool: Gerrard 27'

HULL // Brendan Rodgers, the Liverpool manager, is concerned his side do not have the depth to deal with the Daniel Sturridge’s lay-off after a shock 3-1 defeat at the hands of Hull.

Steven Gerrard found the net with a fine free-kick to cancel out Jake Livermore’s opener, but a second-half strike from David Meyler and a Martin Skrtel own-goal did not flatter Hull, who were clearly superior after the interval. As well as missing Sturridge, Phillipe Coutinho was restricted to 25 minutes from the bench having suffered with an ankle problem all week.

The stand-ins, Victor Moses and Raheem Sterling, put in unconvincing performances and left Rodgers worried about the strength of his squad coming into the busy December period.

“The quality of our squad isn’t big enough to cope with two big players like that missing. No doubt it was a disruption,” he said. “This little period will test us now but players will come in and it’s a great opportunity to a stake a claim.”

Rodgers could not hide his frustrations at the performance.

“Disappointing is an understatement,” he said. “We went into the game with confidence and belief but we made too many mistakes with and without the ball.”

After successive defeats to Southampton and Crystal Palace, Hull’s manager Steve Bruce cut a contented figure at full-time.

“I said last week was the most disappointing since the start of the season because the expectation was to roll over Crystal Palace and we didn’t play well at all,” he said.

“It was important to get a response. I knew there would be one because it was Liverpool at home and you need a game like that sometimes.”

Bruce also intends to speak to owner Assem Allam about his proposal to rebrand the club after claiming the Egyptian “does not understand” the tradition that goes with the name of the team.

Allam has been the target of criticism from fans ever since he announced his intention to ditch the 109-year-old title of Hull City AFC in favour of his preferred Hull Tigers.

He has been dismissive of those who oppose the move and in an interview with a Sunday newspaper told his detractors they could “die as soon as they want” – a reference to the City Till We Die movement.

“I think the chairman has put something like £70 million (Dh420.8m) into this club, so without him there wouldn’t be a club or a ‘Hull City’,” said Bruce. “However, I’ve got to have a conversation with him. I don’t think he understands quite what it means to the history and the tradition.

“All he thinks about is going forward. He thinks the brand would be better and that’s his opinion.”

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SERIES SCHEDULE

First Test, Galle International Stadium
July 26-30
Second Test, Sinhalese Sports Club Ground
August 3-7
Third Test, Pallekele International Stadium
August 12-16
First ODI, Rangiri Dambulla Stadium
August 20
Second ODI, Pallekele International Stadium
August 24
Third ODI, Pallekele International Stadium
August 27
Fourth ODI, R Premadasa Stadium
August 31
Fifth ODI, R Premadasa Stadium
September 3
T20, R Premadasa Stadium
September 6

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

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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1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

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The White Lotus: Season three

Creator: Mike White

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