Metro Sport ReporterSaturday 21 Sep 2019 9:03 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link Advertisement Peter Crouch criticises Arsene Wenger for failing to sign Steven Nzonzi and says Unai Emery is ‘asking for trouble’ with his Arsenal tactics Peter Crouch has criticised Arsene Wenger for failing to sign Steven Nzonzi (Getty Images)Peter Crouch claims it is ‘madness’ that Arsene Wenger did not sign Steven Nzonzi for Arsenal and believes Unai Emery is ‘asking for trouble’ with his current tactics.The Gunners were heavily linked with a move for Nzonzi in 2015 but the French midfielder, who was playing for Stoke City at the time, ended up joining Sevilla for £7 million.Reports have also claimed that Emery was also keen on a move for Nzonzi last year but he was overruled by Arsenal’s hierarchy, who ended up signing Lucas Torreira from Sampdoria instead.And Crouch feels Wenger missed a trick by failing to land Nzonzi and suggests Emery is doing little to counter Arsenal’s defensive problems.AdvertisementAdvertisementADVERTISEMENT‘Why aren’t they varying their style? Honestly, it is mind-boggling,’ Crouch wrote in his column for MailOnline. Comment Steven Nzonzi has been linked with a move to Arsenal on several occasions (TF-Images/Getty Images)‘You can play out from the back by clipping high balls to your full-backs – watch Ederson do it for Manchester City.‘To keep doing what Emery wants Arsenal to do, with little passes around the penalty area, is just asking for trouble.‘They have played six games so far in all competitions and have faced 120 shots – 96 of those have come in the Premier League, the highest total of any club.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘I have wanted Arsenal to address the defensive balance of their side for years and never understood why they didn’t buy Steven Nzonzi.‘Steven played with me at Stoke and he would have been perfect to provide protection in midfield.‘He ended up going to Sevilla for £7 million and it was madness Arsenal allowed that to happen.‘The best sides spot their deficiencies and address them to progress.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Advertisement
“[The 8.2% return] resulted from a renewed fall in interest rates, and was not expected after the marked fall in interest rates and corresponding increase in the market value of bonds observed in 2011 and 2012,” FRR said.More than four years since FRR began annually contributing €2.1bn to Cades, a French government organisation to manage social debt, the fund has returned 6.1% on an annualised basis.The fund said it also continued its strong commitment to the French economy and, over 2014, a further €300m into small and medium French equities, and an additional €120m in loans, taking the total to €300m.By the end of the year, it held more than €2.2bn in French listed equities, €170m in private equity and €1.3bn in French corporate bonds.It also increased its allocations to low-carbon indices to more than €1bn and reaffirmed its commitment by making regular assessments of its carbon footprint with the equity portfolios.In September, the fund announced it, alongside Swedish buffer fund AP4, worked with index provider MSCI to develop a new low-carbon equity index.The MSCI Global Low Carbon Leaders index is based on the firm’s existing All Country World index and seeks to take into consideration carbon emissions and fossil fuel reserves.It also concluded a nine-month search for asset managers in a slight overhaul of its strategy, appointing nine companies across a range of asset classes. Fonds de Réserve pour les Retraites (FRR) achieved a 8.75% return over 2014 with strong performance in its return-seeking and hedging portfolios.The French pension system reserve fund now has around €37bn in assets, an increase of €900m over the year despite paying out around €2.1bn in commitments.The €3bn return, it said, was driven largely by the 9.8% generated by its return-seeking assets, which account for roughly 44.2% of the fund and are mainly invested in European and global equities.FRR’s hedging assets, accounting for majority of the fund, returned 8.2% – with a third of total assets invested in French government bonds.