Former cricketer and commentator Shane Warne was a larger-than-life character who is regarded as one of the finest leg-spin bowlers of all time. EPA
Former cricketer and commentator Shane Warne was a larger-than-life character who is regarded as one of the finest leg-spin bowlers of all time. EPA
Former cricketer and commentator Shane Warne was a larger-than-life character who is regarded as one of the finest leg-spin bowlers of all time. EPA
Former cricketer and commentator Shane Warne was a larger-than-life character who is regarded as one of the finest leg-spin bowlers of all time. EPA

‘Genius player. Grand company. Loyal friend’: celebrities react to Shane Warne’s death


Selina Denman
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Celebrities from around the world have been sharing tributes to cricketing legend Shane Warne, who has died at the age of 52 from a suspected heart attack while holidaying in Thailand.

“Shane was found unresponsive in his villa and despite the best efforts of medical staff, he could not be revived. The family requests privacy at this time and will provide further details in due course,” read a statement from his management company, MPC Entertainment.

Warne was a larger-than-life character who is regarded as one of the finest leg-spin bowlers of all time. In addition to sporting figures from around the world, celebrities from all fields and walks of life have been sharing memories of the sporting star.

Former girlfriend Elizabeth Hurley took to Instagram to express her grief. "I feel like the sun has gone behind a cloud forever. RIP my beloved Lionheart," she wrote.

Fellow Australian Hugh Jackman posted a touching tribute on Twitter, calling Warne a “once in a generation talent”. The actor said he was grateful to have known Warne and signed off with the words, “Rest well Shane”.

Actor Russell Crowe summed up the sentiments being expressed by many others in his Twitter tribute, which referred to Warne as: “A genius player. Grand company. Loyal friend.” He said that he was having a hard time accepting the “devastating news”.

Musician Mick Jagger also expressed his sorrow at Warne’s death, highlighting the sense of fun that the cricketer injected into the sport. “I’m so saddened by the sudden death of Shane Warne,” Jagger wrote. “He brought such joy to the game and was the greatest spin bowler ever.

Piers Morgan highlighted Warne’s standing not only as a sportsman, but as an entertainer and all-round “fantastic bloke”, in his tribute. “Absolutely devastated to hear that @ShaneWarne has died from a heart attack aged just 52. He was a genius cricketer, a supreme entertainer, a fantastic bloke and a great loyal friend for many years. Just gutting news. RIP Warnie, I loved every minute in your company.”

Pop star Ed Sheeran revealed that he had spoken to Warne a few days ago. The friends called each other on the anniversary of the death of Australian music promoter Michael Gudinski on March 1.

“The world keeps taking incredible people away,” Sheeran posted on Instagram, with a photo of Warne and Gudinski. “I spoke to Shane on the anniversary of Michael's passing this week saying we were both raising a glass of 707 in his honour, and now this news comes out.

“Shane was the kindest heart, and always went above and beyond to make people feel welcome and special. Such a gentleman. He gave so many hours and years of his life to bring joy to others, and was such an amazing friend to me. I'll miss you mate. Absolutely gutted.”

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.”

Fixtures

Friday Leganes v Alaves, 10.15pm; Valencia v Las Palmas, 12.15am

Saturday Celta Vigo v Real Sociedad, 8.15pm; Girona v Atletico Madrid, 10.15pm; Sevilla v Espanyol, 12.15am

Sunday Athletic Bilbao v Getafe, 8.15am; Barcelona v Real Betis, 10.15pm; Deportivo v Real Madrid, 12.15am

Monday Levante v Villarreal, 10.15pm; Malaga v Eibar, midnight

Charlotte Gainsbourg

Rest

(Because Music)

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Updated: March 05, 2022, 1:38 PM