The galaxy formed 11.5 billion years ago and is larger than our Milky Way. Photo: James Webb Space Telescope / International Centre for Radio Astronomy Research
The galaxy formed 11.5 billion years ago and is larger than our Milky Way. Photo: James Webb Space Telescope / International Centre for Radio Astronomy Research
The galaxy formed 11.5 billion years ago and is larger than our Milky Way. Photo: James Webb Space Telescope / International Centre for Radio Astronomy Research
The galaxy formed 11.5 billion years ago and is larger than our Milky Way. Photo: James Webb Space Telescope / International Centre for Radio Astronomy Research

James Webb Space Telescope captures ancient galaxy larger than Milky Way


Sarwat Nasir
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Scientists have used the James Webb Space Telescope to study an ancient galaxy even larger than the Milky Way that formed 11.5 billion years ago.

The study, published in the Nature science journal on February 15, has tested scientists’ understanding of how galaxies form and the nature of dark matter.

Dark matter - invisible particles that do not emit, absorb or reflect light - makes up most of the universe and provides the necessary gravitational pull to attract and hold gas and dust together. This process eventually formed stars and galaxies in the early universe.

This result sets a new record for this phenomenon
Professor Karl Glazebrook

But the new research has shown that the galaxy, called ZF-UDS-7329, appears to be too large for the amount of dark matter that was present at that time.

Claudia Lagos of the International Centre for Radio Astronomy Research played a key role in creating the theoretical models for the study that explain how dark matter concentrations have changed over time.

“Galaxy formation is in large part dictated by how dark matter concentrates,” she said.

“Having these extremely massive galaxies so early in the universe is posing significant challenges to our standard model of cosmology.

"This is because we don’t think such massive dark matter structures as to host these massive galaxies have had time yet to form."

She said more observations were needed to understand how common these galaxies may be and to help them understand how truly vast they are.

Scientists had been trying to capture data on this galaxy for seven years and used two large ground-based telescopes to learn how old it was.

But the galaxy was too red and faint to be measured properly, so experts had to use JWST to confirm its nature.

JWST, a $10 billion telescope, is the most advanced space observatory yet built and uses its 6.5-metre mirror to collect light from faint, distant objects.

It captures them in the infrared spectrum, a type of light that is invisible to the human eye but can be captured as heat by science instruments to observe distant and cold objects in deep space.

Professor Karl Glazebrook, who led the study, said he hopes the latest findings could herald a new chapter in scientists' understanding of the physics of dark matter.

“JWST has been finding increasing evidence for massive galaxies forming early in time," he said.

"This result sets a new record for this phenomenon. Although it is very striking, it is only one object.

"But we hope to find more, and if we do this will really upset our ideas of galaxy formation.”

James Webb space images: in pictures

  • A cluster of stars in the Small Magellanic Cloud in an image taken by the James Webb Space Telescope. PA
    A cluster of stars in the Small Magellanic Cloud in an image taken by the James Webb Space Telescope. PA
  • A colour composite image of the Messier 74 galaxy. Photo: Gabriel Brammer (Cosmic Dawn Center, Niels Bohr Institute, University of Copenhagen) / James Webb Space Telescope
    A colour composite image of the Messier 74 galaxy. Photo: Gabriel Brammer (Cosmic Dawn Center, Niels Bohr Institute, University of Copenhagen) / James Webb Space Telescope
  • Jupiter and its moon Europa, left, are seen through the James Webb Space Telescope. Photo: Nasa
    Jupiter and its moon Europa, left, are seen through the James Webb Space Telescope. Photo: Nasa
  • Captured in infrared light by Nasa's new James Webb Space Telescope, this image reveals areas of star birth in Carina Nebula. All photos: James Webb Space Telescope
    Captured in infrared light by Nasa's new James Webb Space Telescope, this image reveals areas of star birth in Carina Nebula. All photos: James Webb Space Telescope
  • Known as Webb's First Deep Field, the picture showcases a galaxy cluster called SMACS 0723 as it appeared 4.6 billion years ago. The image was revealed by US President Joe Biden on July 11 during an event at the White House.
    Known as Webb's First Deep Field, the picture showcases a galaxy cluster called SMACS 0723 as it appeared 4.6 billion years ago. The image was revealed by US President Joe Biden on July 11 during an event at the White House.
  • An image of Stephan's Quintet, an area in space with a group of five galaxies.
    An image of Stephan's Quintet, an area in space with a group of five galaxies.
  • Side-by-side comparison shows observations of the Southern Ring Nebula in near-infrared light (left) and mid-infrared light.
    Side-by-side comparison shows observations of the Southern Ring Nebula in near-infrared light (left) and mid-infrared light.
  • The telescope has captured the distinct signature of water, along with evidence for clouds and haze, in the atmosphere surrounding a hot, puffy gas giant planet orbiting a distant Sun-like star, called WASP-96 b. Photo: James Webb Space Telescope
    The telescope has captured the distinct signature of water, along with evidence for clouds and haze, in the atmosphere surrounding a hot, puffy gas giant planet orbiting a distant Sun-like star, called WASP-96 b. Photo: James Webb Space Telescope
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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.”

Updated: February 26, 2024, 12:06 PM