LeBron James scored a game-high 33 points on Tuesday night. Mike Ehrmann / Getty Images / AFP
LeBron James scored a game-high 33 points on Tuesday night. Mike Ehrmann / Getty Images / AFP

LeBron puts on show with Neymar on hand



MIAMI, FLorida // The defensive effort was closer to Miami Heat standards.

LeBron James – with Neymar in the building to spectate – made it difficult to notice anything but offence.

James scored 33 points on 13 for 21 shooting – with an array of post-up moves getting him going early, then a barrage of 3-pointers fueling a big third-quarter push – and the Heat encountered little trouble on the way to a 118-95 win over the Milwaukee Bucks on Tuesday night.

James scored 17 points in the third quarter, his best 12-minute stretch of the season so far and an indicator that a balky back that slowed him in the season’s first couple weeks is improving.

“It’s getting better,” James said. “It feels a lot better. Still a little sore ... getting a lot of work put on it so I can get to 100 percent. But it’s getting better every day and that’s a good thing.”

Michael Beasley scored 19 points and Mario Chalmers finished with 15 points and seven assists for the Heat, whose biggest victory margin before Tuesday was a 12-point triumph over Chicago on opening night. Chris Bosh scored 10 for Miami (5-3).

Miami played without Udonis Haslem (back) and Ray Allen (ill). Shane Battier started in Haslem’s place.

“It wasn’t perfect,” said Heat coach Erik Spoelstra, whose team was coming off a final-second loss to Boston on Saturday. “There were still some areas we definitely need to improve on, in terms of the details and discipline. But at least the effort, the activity was better, the disposition right from the beginning and it carried through once we got into the rotation. Guys were much more focused and bringing that competitive spirit.”

John Henson and Gary Neal each scored 18 points and Giannis Antetokounmpo scored 11 for Milwaukee – all three of them putting up those points off the Bucks’ bench. Caron Butler was the only double-digit-scoring starter for the Bucks (2-4), finishing with 10.

“They shot almost 60 percent today so there’s no way we can win a game like that,” Henson said. “We just have to get better.”

The Heat have scored at least 100 points in each of their eight games so far, extending the team’s franchise-record for such a start, but what carried much more significance in the collective eyes of the two-time defending NBA champions were the defensive numbers.

Milwaukee shot only 35 percent in the first three quarters, before scoring 33 points against an array of what largely was Heat second- and third-teamers in the final 12 minutes.

“It’s been a long 48 hours in this building, but at least we were able to respond with a better game,” Spoelstra said. “And I think our guys felt better looking each other in the eye in the locker room tonight.”

James gave the Heat a shot of adrenalin late in the half, when he and Chalmers teamed up for yet another entry on Miami’s alley-oop highlight reel. Dwyane Wade grabbed a deflected ball and got it to Chalmers, who drove down the lane against Milwaukee’s Khris Middleton – then simply lofted the ball straight up, knowing James was trailing the play.

The result was predictable. James soared past Middleton for the dunk, the Heat took a 56-45 lead into the half, and the league’s four-time MVP then took over in the third quarter.

“Best player in the world,” the Bucks’ OJ Mayo said.

James 17, Bucks 17 – that was the score in the third quarter, after the Heat star made 6 of 9 shots in the period, including four 3-pointers. He also drove for one particularly emphatic slam, and the 84-62 lead that Miami carried into the fourth ensured he would get the rest of the night off after logging only 30 minutes.

“There were moments were I was very disappointed particularly when people were driving to the basket and we’re moving out of their way,” Bucks coach Larry Drew said. “I will not tolerate that. That will not be accepted, I don’t care who it is. If they’re going to the basket, we’ve got to challenge, we’ve got to foul then and make them earn it from the free-throw line. We can’t be moving out of people’s way.”

OTHER TUESDAY RESULTS

Warriors 113, Pistons 95

Andre Iguodala had five of Golden State’s 13 assists in a near-perfect first quarter as the Warriors built a 19-point lead en route to a dominant victory over the Detroit Pistons.

Guard Stephen Curry poured in 25 points in 29 minutes, and center David Lee contributed 17 points and nine rebounds, helping propel the Warriors (5-3) to their third consecutive one-sided home win of the young season.

Iguodala had eight points to go with a season best-tying 11 assists.

Guard Klay Thompson added 14 points, and center Jermaine O’Neal recorded 17, his best total as a Warrior.

Lakers 116, Pelicans 95

Los Angeles power forward Jordan Hill scored a career-best 21 points and grabbed 11 rebounds, sparking the Lakers to a victory over the New Orleans Pelicans.

Lakers coach Mike D’Antoni said before the game Hill would start because of his energy. Hill used his frequent bursts of activity and boosted the Lakers on a second-quarter spurt that allowed them to take a double-digit lead and cruise.

The Lakers (4-5) snapped a two-game losing streak and avenged last Friday’s setback to the Pelicans (3-5), who lost their second in a row.

Guard Nick Young scored 17 points and guard Xavier Henry added 15.

Mavericks 105, Wizards 95

Forward Dirk Nowitzki scored 19 points to pass Jerry West on the NBA’s all-time scoring list while pushing his Dallas Mavericks to a victory over the Washington Wizards.

Dallas (5-3) overcame an early nine-point deficit and controlled the game throughout the final three quarters.

Vince Carter scored 16 points and center Samuel Dalembert scored 13 of his season-high 15 points in the first half.

Nowitzki passed West (25,192 points in 932 games) for 16th place on the NBA’s all-time scoring list late in the third quarter after draining two 3-pointers.

Nowitzki will soon be bearing down on Indiana Pacers great Reggie Miller (25,279) for 15th place.

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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.”

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

The specs: 2018 Infiniti QX80

Price: base / as tested: Dh335,000

Engine: 5.6-litre V8

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2025 Fifa Club World Cup groups

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

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

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

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

Our Time Has Come
Alyssa Ayres, Oxford University Press

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

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Emergency

Director: Kangana Ranaut

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Name: Kumulus Water
 
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Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
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