The lesser-know Indian cricket-haters have another day of despair ahead as the national team take on Australia
Spare a thought today for the earthlings most sorely in need of earplugs. They would be the citizens of India who reside in India but loathe cricket, and statistically they would have to be some of the most resolute dissenters in all history. They have an irritating day and evening up ahead, plus a Friday promising further unpleasantry.
Think of it. Hype-wise, noise-wise, the India-Australia quarter-final set for this afternoon in Ahmedabad surely ranks among the loudest sporting events ever.
Plenty of events have brought loudness but did so on a less-populous planet. Perhaps no event has lumped together a World Cup, a thrice-defending World Cup champion, a contending host country, a contending host country mad for the sport and a contending host-country population of 1.15 billion.
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Also
• Pakistan captain Afridi cool on World Cup title talk
• Dhoni banks on cheers of 40,000 Indian fans against Australia
• Ponting will rewind to 2003 as he gets ready for the Indian spinners
• Captain Ponting has the Australian team's support, says Mike Hussey
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Bigger yet, the Times of India reported that Sachin Tendulkar, 37, has told "his closest friends" this presents the biggest tournament of his adored career, even as the newspaper did not divulge how the "closest friends" tag materialised.
Did anybody who did not hear Sachin's words perceive himself or herself a "closest friend" and wind up with hurt feelings? Did anybody who did hear Sachin's words annex a deeper sense of self-worth?
Does he keep a chart?
Now, if you rummage the nether regions of Google, you do find the magnificent malcontents who would care neither where they rank on Sachin's chart nor where India rank in world cricket.
I e-mailed three yesterday morning and heard nothing back.
That could stem from inundation at work. That could stem from everyday shyness.
That could stem from one or more having repaired to a tent in Arunachal Pradesh, basking in tranquillity until some hiker or shepherd walks by with a smallish radio blaring a voice groaning because India went and entered a seventh batsman instead of an additional bowler.
From what I can surmise, the haters seem to occupy at least four categories, beginning with those who dislike the game simply because they find it boring or its participants lazy. Three other divisions compelled me more.
Some seem to resent cricket's soaring rise above other sports within India, sports such as ... such as, well, other sports. These people not infrequently cite the superiority of hockey.
They should hire as a spokesman a resident of New Delhi who joined a cricket-hating group on Facebook and posted: "To reduce the cricket fever in India, the Indian Cricket Team has to go out of the competition. A quarter-final exit would be awesome."
Another group practises sociology, spotting unhealthiness in cricketer salaries dwarfing those of police and military officers. A few call for a ban of the game in India, and never on earth has the urge been greater to say: good luck with that.
The group I enjoyed most, though, would be the one begrudging cricket's intrusion upon daily life.
One non-fan carped that going to the bank during a match intensified the contempt. The bank, it seems, sits next to an electronics shop with a television, to which the bank staff flocks during matches in clear dereliction of duties and inattentiveness toward fee-paying customers. This complaint does seem sane.
Another wrote that when coming home and yearning for real news, it makes the world imperfect to have a brother hogging the remote for highlights "of a match he was glued to and watched every second of yesterday". This would be where the unpleasant Friday comes in.
Continuing with a list of horrors, this non-fan wrote, "Endless discussions of cricket over the dinner table ... Nobody wants to know how your day went, how the headache you had this morning is ..."
Just out of compassion here, I should interject: if you're out there somewhere, maybe in a tent near the Myanmar border, I just want to ask, did that headache ever subside?
I do hope so.
One unenviable soul reported hatred stemming from a childhood with a father who smoked nervously during televised matches in a poorly ventilated house. A protracted match one night could cause a dawn spent with borderline respiratory failure.
Even as somebody who likes sports, I do support drawing a line somewhere above the lungs. And then there was the man who one Saturday in February listened to Ella Fitzgerald on the radio only to hear an abrupt interruption of her voice for the India-Bangladesh match.
Spare a thought for this guy today, for his viewpoint is inarguable. Nothing on this wacko planet, no matter how appealing, ever, ever, ever warrants the interruption of the voice of Ella Fitzgerald.
cculpepper@thenational.ae
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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In Full Flight: A Story of Africa and Atonement
John Heminway, Knopff
Various Artists
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
RESULTS
5pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Turf) 2,200m
Winner: M'A Yaromoon, Jesus Rosales (jockey), Khalifa Al Neydai (trainer)
5.30pm: Khor Al Baghal – Conditions (PA) Dh80,000 (T) 1,600m
Winner: No Riesgo Al Maury, Antonio Fresu, Ibrahim Al Hadhrami
6pm: Khor Faridah – Handicap (PA) Dh80,000 (T) 1,600m
Winner: JAP Almahfuz, Royston Ffrench, Irfan Ellahi
6.30pm: Abu Dhabi Fillies Classic – Prestige (PA) Dh110,000 (T) 1,400m
Winner: Mahmouda, Pat Cosgrave, Abdallah Al Hammadi
7pm: Abu Dhabi Colts Classic – Prestige (PA) Dh110,000 (T) 1,400m
Winner: AS Jezan, George Buckell, Ahmed Al Mehairbi
7.30pm: Khor Laffam – Handicap (TB) Dh80,000 (T) 2,200m
Winner: Dolman, Antonio Fresu, Bhupath Seemar