Zamora continues Sunderland's away day blues


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LONDON // Bobby Zamora put on a striking masterclass as his early header proved enough to lift Fulham up to eighth in the Premier League table. The forward lead the line superbly and was simply too good for Sunderland, who had no answer to the former West Ham man's pace and power. But it was another disappointing day away from home for Steve Bruce's visitors, who have been leapfrogged by their opponents after their insipid display was duly punished.

All the signs before the game pointed to a home win - Fulham had won eight of their 12 games at Craven Cottage this season, while Sunderland's woeful away form is demonstrated by the fact that they had claimed three points in just one of their last 17 Premier League games away from Wearside. But Bruce's men were boosted by the return of Kenwyne Jones after five weeks on the sidelines due to suspension and injury. The Trinidad striker had scored in each of his last three appearances against Fulham, but he was up against a much stronger Fulham side than the one which beat CSKA Sofia in midweek, with Roy Hodgson making six changes.

Yet Fulham showed no ill effects from that game and flew out of the traps, taking the lead after just seven minutes. John Pantsil was the provider, firing in an innocuous-looking cross that saw Zamora ease past Phil Bardsley to guide a simple header into the corner. It was poor defending from Sunderland, and Bruce - a superb centre-half during his time as Manchester United captain - would not have been impressed as Zamora scored his sixth of the season.

Zamora was giving Anton Ferdinand and Michael Turner a torrid time, with his strength offering the hosts a valuable outlet. Ferdinand's day was not improved when he was caught late by Erik Nevland - an injury which he could not recover from - and Fulham nearly took advantage as Clint Dempsey shot narrowly wide with Sunderland temporarily reduced to ten men. The enforced substitution of Nyron Nosworthy for Ferdinand did little to change the pattern of the game, however, with Fulham dominating completely as both Dempsey and Damien Duff fired over when well placed. Bruce was prowling the touchline looking less than amused. His team have been a model of inconsistency this season, beating Liverpool and Arsenal but losing to Birmingham and Wigan.

His side were struggling, and twice nearly had the game put beyond their reach three minutes before the break, Zamora seeing his header come back off the crossbar after Paul Konchesky had provided an inch-perfect cross, before Nevland fired over after his original effort was saved by Marton Fulop. Bruce walked off with a face like thunder at half-time, but anyone expecting a change in attitude in the second period was to be sorely disappointed, as Fulham were immediately on the front foot. Dempsey is likely to be one of America's most dangerous players in the World Cup this summer and, after his country were drawn in the same group as England, he served notice of his talent by drilling a low shot just wide.

Yet astonishingly, Sunderland should have drawn level ten minutes into the second half. Konchesky was the man at fault, his shocking backpass allowing Jones in for a shot that was well saved by Mark Schwarzer, before Bent hammered a volley just wide of the post. Fulham suddenly remembered that they were just one goal to the good. Bruce brought on Fraizer Campbell and Boudewijn Zenden as his side began to chase the game, but following their flurry of chances just after half-time they were struggling to get past Aaron Hughes and Brede Hangeland at the heart of the Fulham defence and they closed out the game with ease to secure a deserved victory.

@Email:sports@thenational.ae

UAE Premiership

Results
Dubai Exiles 24-28 Jebel Ali Dragons
Abu Dhabi Harlequins 43-27 Dubai Hurricanes

Fixture
Friday, March 29, Abu Dhabi Harlequins v Jebel Ali Dragons, The Sevens, Dubai

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.”

On Instagram: @WithHopeUAE

Although social media can be harmful to our mental health, paradoxically, one of the antidotes comes with the many social-media accounts devoted to normalising mental-health struggles. With Hope UAE is one of them.
The group, which has about 3,600 followers, was started three years ago by five Emirati women to address the stigma surrounding the subject. Via Instagram, the group recently began featuring personal accounts by Emiratis. The posts are written under the hashtag #mymindmatters, along with a black-and-white photo of the subject holding the group’s signature red balloon.
“Depression is ugly,” says one of the users, Amani. “It paints everything around me and everything in me.”
Saaed, meanwhile, faces the daunting task of caring for four family members with psychological disorders. “I’ve had no support and no resources here to help me,” he says. “It has been, and still is, a one-man battle against the demons of fractured minds.”
In addition to With Hope UAE’s frank social-media presence, the group holds talks and workshops in Dubai. “Change takes time,” Reem Al Ali, vice chairman and a founding member of With Hope UAE, told The National earlier this year. “It won’t happen overnight, and it will take persistent and passionate people to bring about this change.”

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match info

Southampton 2 (Ings 32' & pen 89') Tottenham Hotspur 5 (Son 45', 47', 64', & 73', Kane 82')

Man of the match Son Heung-min (Tottenham)

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