Frank Lampard of England cools down during a training session at the Urca military base (Forte de Urca) training ground on June 9, 2014 in Rio de Janeiro, Brazil. Richard Heathcote/Getty Images
Frank Lampard of England cools down during a training session at the Urca military base (Forte de Urca) training ground on June 9, 2014 in Rio de Janeiro, Brazil. Richard Heathcote/Getty Images

World Cup 2014: Weather change and travel should take its toll



At the Confederations Cup in Brazil 12 months ago, Spain, the World Cup holders, found the heat and humidity of the northernmost venue used for the tournament, Fortaleza, almost as challenging an opponent as any.

“Each footstep began to hurt,” said Sergio Ramos, the defender. Jordi Alba, the full-back said: “Your feet feel as if they are burning.”

For a team who have spent the past six years in international football giving off an impression they can walk on water, it was a somewhat alarming sensation.

For more World Cup stories, visit our dedicated microsite – thenational.ae/worldcup.

Click here for a downloadable 2014 World Cup wallchart.

Manaus, the steamy Amazonia city, was not on the list of sites at the Confederations Cup. Conditions there at this time of year can seem even more sapping than those at coastal Fortaleza, with average temperatures above 30°C every day.

The coaches of Italy and England, who meet in Manaus on Saturday, have tailored preparations for the tournament around how to cope with that. Cesare Prandelli, of Italy, successfully lobbied Fifa to allow breaks for drinks after half an hour if the mercury rises above 32°C; England’s Roy Hodgson has had his players training in sweat-tops and lined jackets.

Stamina becomes a defining issue when the body is subjected to these unaccustomed extremes; evidently, that will affect the pace of some contests. Security in possession becomes a more valuable asset. The keepers of the ball will always tire less than the chasers.

But Brazil is so vast, some of the cities hosting matches are so far apart that teams will be moving between climates, from dry to wet, hot to milder.

The travel is a factor in anti-fatigue planning, too. Some flight transfers – with journeys of five or six hours – will take the best part of a day.

South Africa 2010 had an element of environmental diversity: teams could be subject to the thin air of dry, high-altitude Johannesburg one day and be playing in rainy, windswept Cape Town four days later.

It was winter there, which forecasters imagined would encourage pacey, slick football. There were moments of that, but overall it was not considered a vintage World Cup in terms of entertainment levels. The weather can only shape performance so far.

Spain, to their credit, did not offer it as an excuse when they suffered a rare blow to their esteem 12 months ago, losing the Confederations Cup final 3-0 to the host, Brazil. Home advantage probably was helpful to the Brazilians, but that is something generated by forces beyond the meteorological.

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RACE SCHEDULE

All times UAE ( 4 GMT)

Friday, September 29
First practice: 7am - 8.30am
Second practice: 11am - 12.30pm

Saturday, September 30
Qualifying: 1pm - 2pm

Sunday, October 1
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The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.

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Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

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While you're here
How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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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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