Luis Enrique expects Barcelona to "suffer" in the second leg of their Champions League semi-final against Bayern Munich on Tuesday, despite defending a 3-0 lead from last week's first leg.
Barca are on the brink of their eighth European Cup final after routing Bayern in the first leg at the Camp Nou last Wednesday when Lionel Messi dazzled with two goals before setting Neymar up for their third.
But the Barcelona coach thinks Bayern will throw the proverbial kitchen sink at his side despite Pep Guardiola’s men being on a four-match losing streak.
“We know how big Bayern Munich are and we will have to be at our best to progress,” said the 45-year-old Luis Enrique, whose side have not conceded a goal in their last seven games.
“It won’t be an easy game and we will have to suffer.
“If we take the lead it would be good for us, but Bayern has the quality to score and they caused us problems in Barcelona.
“They will be at home and will have the crowd behind them, but we are on a good run and hope to take our chances.
“We don’t want the game to turn into a crazy one and we have to use our weapons to hurt our rivals.”
Earlier on Monday, Guardiola described Barcelona as the “best counter-attacking side in the world”, but Luis Enrique predicts a battle for possession at the Allianz Arena.
“If Pep said that, we accept his praise, but just like Bayern, we want to maintain possession and we want to create openings,” said the Barcelona coach.
“We want the game to be as similar as possible to the first leg, when everyone attacks and everyone defends, but we will have to go out focused on winning.”
Barcelona’s Argentinian midfielder Javier Mascherano said the visitors will not hold back as they chase a first away win against Bayern.
“We will attack because we do not know how to play any other way – it’s the club philosophy,” said the 30-year-old defensive midfielder.
“To reach the final in Berlin, we will have to play the perfect game, because Bayern will demand it of us.
“We are very competitive, we want to win titles – we are 90 minutes away from the final, which was one of our goals before the season started.
“We will do everything to fulfil our dream.
“If you get to this stage, every mistake can be punished – we have to take it step by step.
“I expect a hungry Bayern team, right from the start.
“They will try to score, we know how they play at home, but we are prepared for everything and nothing will surprise us.”
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West Indies v England ODI series:
West Indies squad: Jason Holder (c), Fabian Allen, Devendra Bishoo, Darren Bravo, Chris Gayle, Shimron Hetmyer, Shai Hope, Evin Lewis, Ashley Nurse, Keemo Paul, Nicholas Pooran, Rovman Powell, Kemar Roach, Oshane Thomas.
Fixtures:
1st ODI - February 20, Bridgetown
2nd ODI - February 22, Bridgetown
3rd ODI - February 25, St George's
4th ODI - February 27, St George's
5th ODI - March 2, Gros Islet
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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.”
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Sept 15: Bangladesh v Sri Lanka (Dubai)
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Sept 17: Sri Lanka v Afghanistan (Abu Dhabi)
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Sept 21: Group B Winner v Group A Runner-up (Abu Dhabi)
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Sept 26: Group A Runner-up v Group B Runner-up (Abu Dhabi)
Sept 28: Final (Dubai)
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2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
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Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
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- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
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Founders: Mike Dawson, Varuna Singh, and Benita Rowe
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Sector: Education technology
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Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)
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Tips for SMEs to cope
- Adapt your business model. Make changes that are future-proof to the new normal
- Make sure you have an online presence
- Open communication with suppliers, especially if they are international. Look for local suppliers to avoid delivery delays
- Open communication with customers to see how they are coping and be flexible about extending terms, etc
Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
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Engine: 3.0-litre six-cylinder turbo
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Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
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On sale: December
Price: From Dh330,000 (estimate)
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