Sergio Aguero of Manchester City celebrates scoring his side's second goal with Leroy Sane and David Silva. Stu Forster / Getty Images
Sergio Aguero of Manchester City celebrates scoring his side's second goal with Leroy Sane and David Silva. Stu Forster / Getty Images

Manchester City put Pep Guardiola’s attacking ethos into practice in win over Hull City



Man City 3-1 Hull

City: Ahmed Elmohamady (31’ OG) Sergio Aguero (48’) Fabian Delph (64’)

Hull: Andrea Ranocchia (85’)

Man of the Match: Raheem Sterling (Manchester City)

It was style and statistical achievement in harmony, the unusual alliance that has underpinned Pep Guardiola’s managerial career. A milestone goal was brought up with a snapshot of his ethos.

Manchester City found the net for the 100th time under the Catalan after a move spanning the length and width of the pitch, featuring 20 passes and all 11 players.

“The second goal is the big example of what we would like to be,” said Guardiola. “I don’t like the defenders to just defend and the strikers just to score goals. I like everybody involved in the way we want to play.”

Footballing defenders, a passing goalkeeper and a prolific striker all played their parts. An injection of incision came from City’s classiest distributor. David Silva’s 300th game for the club was not garnished with his 50th goal, but it was decorated in trademark fashion by the Spaniard’s speciality, the assist to the assist. He found Raheem Sterling, who crossed and Sergio Aguero tucked in his 10th goal in as many games.

__________________________________

Read more

■ Round-up: Tottenham, Man City and Liverpool all win

■ Tottenham: The best defence in the Premier League

■ Man United: Ibrahimovic important but reliance needs to change

__________________________________

“Sergio made an amazing step forward in the last two months,” Guardiola said. “He is playing unbelievably, scoring one goal a game.”

Guardiola pronounced himself unconcerned that his top scorer did not celebrate. “He is happy, I promise you,” he said.

A more visibly delighted Fabian Delph duly added the 101st of Guardiola’s reign to defeat Hull and give City a seven-point cushion on fifth-place Arsenal.

“After four games we are winning,” said Guardiola, who maintained his mantra that the battle for Champions League qualification will go down to the last day.

This represented respite after the fixture list pitted them against Liverpool, Arsenal and Chelsea in successive games. Hull have upset more favoured sides under Marco Silva but there was no repeat on Saturday of their draw at Old Trafford. They departed with a 13th defeat in 14 away games.

“We didn’t have a good performance,” said the Hull manager. He attributed it to tiredness after back-to-back, exhausting wins. “Manchester City controlled the game.”

Hull were unlocked by patience, precise passing and a hint of fortune. The Hull right back Ahmed Elmohamady donated the opening goal, but it was testament to the willingness of Guardiola’s side to outflank their visitors. That was apparent, too, in the influential display of Sterling who, restored to the side, set up Aguero’s and Delph’s strikes and would have recorded a hat-trick of assists but for a fine save from Eldin Jakupovic to spare teammate Michael Dawson an own goal.

The Swiss goalkeeper embarked on a damage-limitation exercise. He began with an agile double stop to thwart Leroy Sane and David Silva, carried on by frustrating Yaya Toure and ended up denying Delph a second and keeping out Aleksandar Kolarov’s free kick.

He was first beaten by a colleague. Jesus Navas’s crossing appears to have acquired more potency since his switch to full-back. When he delivered a deep centre, Dawson ducked. It seemed to take teammate Elmohamady unawares and he applied the inadvertent finish.

But it was reward for Guardiola’s eager experimenting. Navas’s reinvention as a right back continued. Delph had not started in the Premier League all season. Now he has begun successive games and thumped in his first league goal for 15 months. Another change brought a mixed reception.

Claudio Bravo was restored in place of Willy Caballero. The Chilean should have done better when Andrea Ranocchia scored Hull’s late goal. Guardiola felt the team shared the blame.

“Six players forgot to defend,” he said, in a defiant analysis. “In build-up, Claudio is the best goalkeeper in the world with [Marc-Andre] ter Stegen and Manuel Neuer.”

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Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

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MATCH INFO

Borussia Dortmund 0

Bayern Munich 1 (Kimmich 43')

Man of the match: Joshua Kimmich (Bayern Munich)

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The flights

Emirates have direct flights from Dubai to Glasgow from Dh3,115. Alternatively, if you want to see a bit of Edinburgh first, then you can fly there direct with Etihad from Abu Dhabi.

The hotel

Located in the heart of Mackintosh's Glasgow, the Dakota Deluxe is perhaps the most refined hotel anywhere in the city. Doubles from Dh850

 Events and tours

There are various Mackintosh specific events throughout 2018 – for more details and to see a map of his surviving designs see glasgowmackintosh.com

For walking tours focussing on the Glasgow Style, see the website of the Glasgow School of Art. 

More information

For ideas on planning a trip to Scotland, visit www.visitscotland.com

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Building boom turning to bust as Turkey's economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.

Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.

After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.

But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.

It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.

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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.”

Auron Mein Kahan Dum Tha

Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar

Director: Neeraj Pandey

Rating: 2.5/5

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

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Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5

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