Coutinho masterclass inspires Aston Villa to crushing win over Southampton


Richard Jolly
  • English
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Under other circumstances, it might have seemed the Danny Ings show. Facing Southampton for the first time since his departure, one of their finest goalscorers of the Premier League era struck himself and ended with two assists. Yet, given the elegant brilliance of Philippe Coutinho, even Ings was demoted to the status of a subplot.

When the Brazilian was substituted to a standing ovation, it was both a chance to celebrate his contribution and seemed a case of Steven Gerrard taking mercy on Southampton. An in-form team were hammered. The biggest win of the Gerrard era and Aston Villa’s first at home for three months was inspired by his former Liverpool teammate.

Borrowed from Barcelona, Coutinho looked too good for Southampton. “He showed a level that was above the game at times and showed his form of old,” said Gerrard. “It was a pleasure to be in the stadium. He was the man of the match.”

His afternoon included the goal he merited, his capacity to find space illustrated when he twisted and turned in a packed penalty area before drilling in Villa’s third of the afternoon. It brought an assist, too, with Coutinho’s elusiveness illustrated when he stole in behind the Southampton defence to meet Calum Chambers’ unexpectedly deft ball and tee up Douglas Luiz for a tap-in. “He could have gone for goal,” said Gerrard, praising Coutinho for his unselfishness.

Yet the most remarkable element was the surrounding passage of play: within four minutes Coutinho could have had a hat-trick himself to accompany Luiz’s goal. Fraser Forster made one fine save, while two shots just missed the far post. Ollie Watkins was twice his supplier, returning the favour after Coutinho released him with a defence-splitting pass for another Forster save.

Watkins was already on the scoresheet by then. Coutinho found Ings, who pierced the Southampton defence to find Watkins. He span and shot. It was the first time either Ings or Watkins assisted a goal for the other and if one of the stories of Villa’s season has been a struggle to accommodate the two strikers, Gerrard found a way, pairing them, installing Coutinho as a No 10 behind them and playing a midfield diamond. “Ollie and Danny were unplayable today, that relationship is building nicely,” said Gerrard.

Ings could have been distracted, with his wife about to give birth, but the most productive afternoon of his Villa career ended with a second assist, when he found Coutinho, and just his fifth goal for the club, tucked in from Matty Cash’s low cross. “We concede easy goals,” said Southampton manager Ralph Hasenhuttl. “I cannot remember that we have been so open in recent weeks. We were simply not good enough. They wanted it more than we did.”

Yet Southampton had chances and if only one of their 11 attempts were on target, Che Adams, Stuart Armstrong and Romain Perraud all came close. The issue, however, was that they could not get near to Coutinho. “We had big problems with the (No) 10,” Hasenhuttl admitted.

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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: March 05, 2022, 5:59 PM`