Tottenham Hotspur manager Tim Sherwood gives instructions during a Premier League match against Stoke City at White Hart Lane on Sunday. Paul Gilham / Getty Images
Tottenham Hotspur manager Tim Sherwood gives instructions during a Premier League match against Stoke City at White Hart Lane on Sunday. Paul Gilham / Getty Images

Tottenham’s Sherwood vows to go for broke at Man United



Tottenham manager Tim Sherwood has vowed to continue his attacking philosophy against Manchester United at Old Trafford on Wednesday.

Sherwood tasted victory for the first time as the permanent successor to Andre Villas-Boas when Stoke were beaten 3-0 in the Premier League at White Hart Lane on Sunday.

Roberto Soldado’s 37th minute penalty, awarded when Stoke captain Ryan Shawcross blocked an acrobatic effort from Emmanuel Adebayor with raised arms, gave Tottenham a deserved first-half lead.

And victory was assured via two goals in four minutes after the break when Mousa Dembele and then Aaron Lennon found the net with well-struck efforts.

Sherwood, who also led Spurs to victory in one of two games as caretaker manager, discarded Villas-Boas’s cautious formation that used just one forward and brought back Togo striker Adebayor, who had been largely ignored under the previous regime, as part of a two-man attack.

United have won their last six games in all competitions but Sherwood made it clear he would not go to Manchester on New Year’s Day merely to defend in the hope of stealing a draw.

“I like to play with risk,” he said. “We will give them respect but also we can’t be lambs to the slaughter. We have to make sure we get out there and impose ourselves on them as much as we can.

“United have turned it around, they are on a run. We know from history what they do when they are on a run.

“They get a head of steam and are very hard to stop. We have got to find a way to stop them in their tracks and get something positive for ourselves.

“There won’t be any fear. We won there last year, so we have already been there and imposed ourselves on Man United and hopefully the players can use that experience to go forward.”

Stoke managed to land just one shot on target all game – a tame header from former Spur Peter Crouch near the end – but might have had a penalty at 0-0 when Michael Dawson appeared to bring down Oussama Assaidi.

Manager Mark Hughes was convinced an even earlier decision had also not gone his side’s way, when last man Zeki Fryers upended Jon Walters as the Stoke man bore down on goal.

“You need those things to go for you, certainly in the early part of the game, and if we had got into the lead it would have given us real encouragement, and who knows?” Hughes said.

“But if I’m honest, we found it difficult getting anywhere near them.”

The Potters entertain Everton on January 1 and Hughes will be able to recall Glenn Whelan and Marc Wilson, who were banned for the Spurs game following red cards in the 5-1 defeat at Newcastle on Boxing Day that also saw the Stoke manager sent to the stands.

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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Company Profile
Company name: OneOrder

Started: October 2021

Founders: Tamer Amer and Karim Maurice

Based: Cairo, Egypt

Industry: technology, logistics

Investors: A15 and self-funded 

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 biog

Hometown: Cairo

Age: 37

Favourite TV series: The Handmaid’s Tale, Black Mirror

Favourite anime series: Death Note, One Piece and Hellsing

Favourite book: Designing Brand Identity, Fifth Edition

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Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

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AT4 Ultimate, as tested

Engine: 6.2-litre V8

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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Roll of honour 2019-2020

Dubai Rugby Sevens
Winners: Dubai Hurricanes
Runners up: Bahrain

West Asia Premiership
Winners: Bahrain
Runners up: UAE Premiership

UAE Premiership
}Winners: Dubai Exiles
Runners up: Dubai Hurricanes

UAE Division One
Winners: Abu Dhabi Saracens
Runners up: Dubai Hurricanes II

UAE Division Two
Winners: Barrelhouse
Runners up: RAK Rugby

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5