The signings of Emmanuel Adebayor, left, on loan from Manchester City, and Scott Parker, right, from West Ham, have given Tottenham a much more solid look, evident in recent performances.
The signings of Emmanuel Adebayor, left, on loan from Manchester City, and Scott Parker, right, from West Ham, have given Tottenham a much more solid look, evident in recent performances.

Spine surgery aids Spurs' recovery



On a day when the Premier League's most prominent 100 per cent record came to an abrupt end, other, increasingly significant ones, were extended. After a 1-1 draw with Stoke City, Manchester United have no longer won every top-flight game they have played this season. Ledley King, Scott Parker and Emmanuel Adebayor have, however.

Thus far, Tottenham Hotspur's has been a season of extremes.

The two matches before Parker joined from West Ham United, Adebayor was eligible after being borrowed from Manchester City and King was declared fit were heavy defeats.

The three the trio have played in have brought the maximum return of nine points out of nine.

It would be an exaggeration to say any individual is the sole cause of the turnaround but, collectively, they are a major factor. The spine of the side has been strengthened.

It is a sign of King's importance to the cause that Tottenham have won each of his last eight games. Harry Redknapp, the Spurs manager, habitually describes the centre-back as a Rolls-Royce, but smoothness is allied with solidity.

Sadly, it is accompanied by fragility, his long-standing knee injury meaning there is the perennial concern of further injury. His record, though, is outstanding and his presence all the more vital when William Gallas and Michael Dawson are absent.

Like defenders, defensive midfielders can be judged in part on the goals against column. Tottenham let in eight without Parker and only one since he has taken up his station in front of the back four.

Last week's 4-0 demolition of Liverpool suggested that, with their blend of silk and steel, Luka Modric and Parker could prove the division's outstanding central-midfield partnership. On Saturday at Wigan Athletic, Modric was shifted to the right flank, albeit nominally, with the Croatian wandering infield to create room for the overlapping right-back, Kyle Walker, and to assist Parker and Sandro in the middle.

Despite the tactical tweak, there were common denominators. For the second successive week, Tottenham dominated the early exchanges, laying the platform for victory with a demonstration of authority. It is that control, as much as anything, that Parker gives a strong team.

There is a temptation to think of Redknapp as an incorrigible assembler of attacking talent who sends his sides out in a free-form arrangement. When Modric and his fellow Croatian creator, Niko Kranjcar, were the midfield pairing against Manchester City, it was far too cavalier a combination. Parker provides the balance that was lacking in Tottenham's two losses.

After his heroically futile efforts in an increasingly shambolic West Ham United side over the past couple of years, his reward is to see his excellence mirrored elsewhere. Spurs's resurgence in September has been aided by an easier fixture list - after facing the two Manchester clubs in August, it could scarcely have been harder - but also by Redknapp resolving his long quest to find a striker. Since Rafael van der Vaart's arrival last year, the Dutchman's fondness for a free role behind the attack has highlighted the need for a forward capable of leading the line alone.

Few combine height and pace with an ability to link play and be prolific, but Adebayor is an exception. The questions about him have been more mental than physical or technical, but Redknapp can specialise in man-management.

He has a track record of giving loose cannons a sense of direction; at Wigan, that entailed pointing Adebayor, who had set up Van der Vaart's opener, back on to the pitch when an eye problem prompted the Togolese to think he could not carry on. With a potent striker aiming for goal once again, an elegant leader at the back and a little general at the base of the midfield, three wins show the difference three players can make.

Warnock has his say

Utterly undiplomatic as it was, there was something refreshing about Queens Park Rangers' Neil Warnock branding his own left-back, Armand Traore, "an absolute disgrace" for his dismissal in Sunday's 1-1 draw with Aston Villa.

It may have been excessive to add that the Senegal international was "a bit thick and naive" but at a time when footballing omerta seems to prevent many managers from criticising their players, Warnock is a welcome exception.

The contrast came at St James' Park where Blackburn Rovers' Martin Olsson, was sent off and his manager, Steve Kean, blamed referee Martin Atkinson, though the Swede's first caution came for a particularly blatant display of dissent.

Time will tell which response is more effective, but it is to be hoped Warnock's public censure teaches Traore a lesson.

Record-breaker Dunne

Record breaking is not always a pleasurable process. Just ask Richard Dunne. The Aston Villa defender extended his own landmark by scoring a ninth Premier League own goal to gift QPR a point at Loftus Road.

It was unfortunate, not merely because there was little Dunne could do to prevent the ball from bouncing in off his right leg. He had been arguably the outstanding player on the pitch and without his desperation to get back and prevent an equaliser actually put him in the position where to apply the finishing touch. Some of his own goals have had a comical element, but this was simply cruel.

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.”

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

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Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

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