The mystery hepatitis outbreak among children has been recorded in about 20 countries. PA
The mystery hepatitis outbreak among children has been recorded in about 20 countries. PA
The mystery hepatitis outbreak among children has been recorded in about 20 countries. PA
The mystery hepatitis outbreak among children has been recorded in about 20 countries. PA

Hepatitis outbreak: Eleven UK children have liver transplants


Neil Murphy
  • English
  • Arabic

Eleven children in the UK have received liver transplants after developing hepatitis, in an outbreak that has infected hundreds of young people around the world.

Health authorities are struggling to find the cause of the mysterious upsurge but say that it may be linked to the coronavirus pandemic.

The UK Health Security Agency — which is responsible for UK-wide public health protection and infectious disease capability — on Friday released its latest research into the surge first reported earlier this year.

At least 163 children in the UK have developed sudden onset hepatitis, with 11 being forced to undergo a liver transplant, according to the UKHSA.

It said that no children have died from the potentially fatal blood condition.

Hepatitis is a viral infection that can cause inflammation of the liver and liver failure in the worst instances. Jaundice and vomiting have been the most common symptoms experienced by the children affected.

As of May 4, over 200 cases had been reported by the World Health Organisation in 20 different countries — including Ireland, the US, Israel and Japan. Seventeen children had required a liver transplant.

The UKHSA said that it still did not know the cause of the surge, but said it was possibly linked to common cold virus known as an adenovirus.

Research is continuing into the possibility that a previous Covid infection may have made children more susceptible to developing the disease.

A change in the adenovirus genome is also being investigated.

Scientists have stressed that there is no evidence of any link to the Covid-19 vaccine and that as the majority of cases are under 5, they are too young to have received the vaccine.

“Our investigations continue to suggest that there is an association with adenovirus and our studies are now testing this association rigorously”, Dr Meera Chand, director of clinical and emerging infections at UKHSA, said.

“We are also investigating other contributors, including prior Sars-COV-2, and are working closely with the NHS and academic partners to understand the mechanism of liver injury in affected children.”

She said that the likelihood of developing hepatitis was “extremely low” but warned parents to be wary of signs of jaundice ― particularly a yellow tinge in the whites of the eyes.

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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.”

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Updated: June 20, 2023, 12:42 PM