England's captain Jos Buttler, right, walks to greet Bangladesh's captain Shakib Al Hasan, left, and Afif Hossain after the first T20 in Chattogram on March 9, 2023. AP
England's captain Jos Buttler, right, walks to greet Bangladesh's captain Shakib Al Hasan, left, and Afif Hossain after the first T20 in Chattogram on March 9, 2023. AP
England's captain Jos Buttler, right, walks to greet Bangladesh's captain Shakib Al Hasan, left, and Afif Hossain after the first T20 in Chattogram on March 9, 2023. AP
England's captain Jos Buttler, right, walks to greet Bangladesh's captain Shakib Al Hasan, left, and Afif Hossain after the first T20 in Chattogram on March 9, 2023. AP

Bangladesh defeat T20 world champions England in series opener


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  • Arabic

Bangladesh proved why they are one of the toughest teams to beat at home in white-ball cricket as they defeated T20 world champions England with ease in their series opener in Chattogram on Thursday.

Jos Buttler's team included seven members of the side that defeated Pakistan in the T20 World Cup final in Melbourne last November. But they failed to get going as a limp batting display saw them post just 156-6.

That total proved to be well below par as Najmul Hossain Shanto ignited Bangladesh's charge with 51 off 30 deliveries, including four fours in a row off Mark Wood, and Shakib Al Hasan's 34 not out off 24 balls saw them home with two overs to spare and six wickets in hand.

Bangladesh got off to a positive start as Rony Talukdar (21) and Liton Das (12) put on 33 in the opening stand. Leg-spinner Adil Rashid bowled Talukdar to break the stand and Jofra Archer soon removed Liton. But Najmul and debutant Towhid Hridoy added 65 runs for the third wicket to put Bangladesh in control.

Despite two wickets in successive over late in the chase, England never looked like winning the game.

Earlier, Buttler made 67 off 42 balls but Bangladesh held England to below 160.

Buttler put on 80 runs with Phil Salt in their opening partnership after the hosts put England in to bat first. But England crumbled after Buttler's dismissal and managed just 21 runs in the last five overs.

Pace bowler Hasan Mahmud, who forced Buttler to give a catch at long-on in the 17th over, finished with 2-26.

Salt was the first batsman dismissed after making 38 off 35 balls when he got a fine edge off a Nasum Ahmed delivery. Nasum was unlucky in failing to dismiss Buttler on 19 when skipper Shakib missed a catch at mid-off.

Shakib compensated by removing Dawid Malan for four before Mustafizur Rahman bowled Ben Duckett for 20.

“The way we approached the game was fantastic – under the pump in first 10 overs but no one panicked,” Shaikb said. “Other than my dropped catch, everyone fielded well. In T20 when you don't think too much you tend to play well.”

The remaining two matches of the series will be played in Dhaka on March 12 and 14.

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Tank warfare

Lt Gen Erik Petersen, deputy chief of programs, US Army, has argued it took a “three decade holiday” on modernising tanks. 

“There clearly remains a significant armoured heavy ground manoeuvre threat in this world and maintaining a world class armoured force is absolutely vital,” the general said in London last week.

“We are developing next generation capabilities to compete with and deter adversaries to prevent opportunism or miscalculation, and, if necessary, defeat any foe decisively.”

MATCH INFO

Liverpool 2 (Van Dijk 18', 24')

Brighton 1 (Dunk 79')

Red card: Alisson (Liverpool)

Gifts exchanged
  • King Charles - replica of President Eisenhower Sword
  • Queen Camilla -  Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
  • Donald Trump - hand-bound leather book with Declaration of Independence
  • Melania Trump - personalised Anya Hindmarch handbag

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.”

Results
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The specs

Engine: 4.0-litre V8

Power: 503hp at 6,000rpm

Torque: 685Nm at 2,000rpm

Transmission: 8-speed auto

Price: from Dh850,000

On sale: now

Updated: March 09, 2023, 2:16 PM