Gunman opens fire in US temple, at least six dead


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OAK CREEK, Wis. // At least six people were killed yesterday when a gunman opened fire at a Sikh temple near Milwaukee, and the suspected shooter later died in an exchange of gunfire with police, authorities said.

Police were called to the Sikh Temple of Wisconsin in the suburb of Oak Creek, where witnesses said several dozen people were gathering for a service. Authorities found four people dead inside the temple and two outside, Greenfield Police Chief Bradley Wentlandt said.

Sunny Singh, 21, of Milwaukee, said a friend pulled into the temple's parking lot, heard shots and saw two people fall down. The friend then saw the shooter reload his weapons and head to the temple's entrance, Singh said.

The first police officer to arrive at the temple engaged in gunfire outside the building with a man police believe was the shooter, Wentlandt said. The suspect was killed, he said.

Tactical units went through the temple, and authorities do not believe a second shooter was involved, Wentlandt said.

It's unclear how many others were wounded. Wentlandt said he had been told the officer who exchanged gunfire with the suspect and another person had been taken to hospitals. He said the officer was shot multiple times and is in surgery and is expected to survive.

The spokeswoman for the area trauma center said three victims were being treated there, including one who was in surgery.

Jatin Der Mangat, 38, of Racine, the nephew of the temple's president, Satwant Singh Kaleka, said his uncle was one of those shot, but he didn't know how serious his injuries were. He was among those waiting for news when police announced the deaths.

"It was like the heart just sat down," he said. "This shouldn't happen anywhere."

Sukhwindar Nagr, also of Racine, said he called his brother-in-law's phone and a priest at the temple answered and told him that his brother-in-law had been shot, along with three priests. The priest also said women and children were hiding in closets in the temple, Nagr said.

Wentlandt did not identify the suspect or say what might have motivated the shootings.

Sikhism is a monotheistic faith that was founded in South Asia more than 500 years ago. It has roughly 27 million followers worldwide. Observant Sikhs do not cut their hair; male followers often cover their heads with turbans - which are considered sacred - and refrain from shaving their beards. There are roughly 500,000 Sikhs in the U.S., according to estimates. The majority worldwide live in India.

Sikh rights groups have reported a rise in bias attacks since the Sept. 11 terrorist attacks. The Washington-based Sikh Coalition has reported more than 700 incidents in the U.S. since 9/11, which advocates blame on anti-Islamic sentiment. Sikhs don't practice the same religion as Muslims, but their long beards and turbans often cause them to be mistaken for Muslims, advocates say.

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2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

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.”

Living in...

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SERIE A FIXTURES

Friday Sassuolo v Benevento (Kick-off 11.45pm)

Saturday Crotone v Spezia (6pm), Torino v Udinese (9pm), Lazio v Verona (11.45pm)

Sunday Cagliari v Inter Milan (3.30pm), Atalanta v Fiorentina (6pm), Napoli v Sampdoria (6pm), Bologna v Roma (6pm), Genoa v Juventus (9pm), AC Milan v Parma (11.45pm)

Straightforward ways to reduce sugar in your family's diet
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  • Eat everything in moderation
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Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

French business

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What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
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  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods

First Person
Richard Flanagan
Chatto & Windus