Andy Carroll of West Ham United celebrates scoring his second goal on Sunday in his side's 3-1 Premier League win over Swansea City at Upton Park. Eddie Keogh / Reuters / December 7, 2014
Andy Carroll of West Ham United celebrates scoring his second goal on Sunday in his side's 3-1 Premier League win over Swansea City at Upton Park. Eddie Keogh / Reuters / December 7, 2014

Andy Carroll finally breaks out for West Ham United: ‘His quality is very apparent’



West Ham United manager Sam Allardyce hailed Andy Carroll’s best-ever performance after the striker hit a double against 10-man Swansea City on Sunday.

Carroll had only scored two Premier League goals since his permanent move to Upton Park in the summer of 2013, but he netted in either half to cancel out Wilfried Bony’s opener for Swansea – with Diafra Sakho making it 3-1 and sending West Ham third.

Allardyce revealed during the week that he had opted to sign Carroll instead of Bony – insisting he would still come out with the better end of the deal despite the Ivory Coast forward scoring freely for the South Wales side.

And Carroll, bagging his first goals in nine months, went some way to proving his manager right with a match-winning display as West Ham continued a fine start to the campaign – with only Chelsea and Manchester City ahead of them.

“I have to say it was very close to it and when he has scored two at the end you would have to say yes,” Allardyce said when asked if Carroll had shown his best since joining the club.

“His movement and the quality of our balls into the box is very apparent. He is 100 per cent fit because he played all the games this week and his recovery has been good. Because he scored two it will make you run around more to try and get the hat-trick.”

Swansea manager Garry Monk insisted he will contemplate appealing against the red card given to goalkeeper Lukasz Fabianski after the former Arsenal man was adjudged to have fouled Sakho with the scoreline at 2-1.

“If you look at the build-up to it, he knocks the ball past the keeper with his hand,” he added.

“I don’t think we dealt with the situation leading up to that point very well but before Fabianski makes any contact whatsoever, the player knocks it past with his left hand.

“Realistically it should have been a free-kick to us, it wasn’t a clear goalscoring opportunity either – when you look at it with the replays it isn’t (a red card). Hopefully we will appeal it.”

Monk has seen his side earn plenty of plaudits but Swansea have still only won once on the road all season and he was not happy with their display at Upton Park.

“I just don’t think we ever reached the levels we have done this season,” he added.

“That is the first time I can say that, in all the games we have played. We did not make enough correct decisions. The only time we did that we scored the goal.

“We didn’t do that enough and really some of the defending, we gifted it to them on a plate to be honest. No complaints with the result, we didn’t deserve anything from the game.”

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The specs

Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder

Power: 220 and 280 horsepower

Torque: 350 and 360Nm

Transmission: eight-speed automatic

Price: from Dh136,521 VAT and Dh166,464 VAT 

On sale: now

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Director: Amith Krishnan

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Mercedes-AMG GT 63 S E Performance: the specs

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Fuel consumption: 8.6L/100km

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COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
England World Cup squad

Eoin Morgan (capt), Moeen Ali, Jofra Archer, Jonny Bairstow, Jos Buttler (wkt), Tom Curran, Liam Dawson, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, James Vince, Chris Woakes, Mark Wood

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Label: Warner Records

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Stage 7:

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2. Sam Bennett (IRL) Deceuninck-QuickStep - same time

3. Phil Bauhaus (GER) Bahrain Victorious

4. Michael Morkov (DEN) Deceuninck-QuickStep

5. Cees Bol (NED) Team DSM

General Classification:

1. Tadej Pogacar (SLO) UAE Team Emirates - 24:00:28

2. Adam Yates (GBR) Ineos Grenadiers - 0:00:35

3. Joao Almeida (POR) Deceuninck-QuickStep - 0:01:02

4. Chris Harper (AUS) Jumbo-Visma - 0:01:42

5. Neilson Powless (USA) EF Education-Nippo - 0:01:45

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
If you go
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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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