They say opportunity can present itself at any time. It is certainly true in the case of Richard Gleeson.
Gleeson had more experience cleaning maggots for a living than playing first-class cricket five years ago. But the 32-year-old now has a good chance of playing for England.
The fast bowler is one of 14 uncapped players included in a training group of 55, marking the latest milestone in a career that developed late.
Gleeson's journey included a university degree, some less than glamorous employment opportunities and a stint with Cumberland in minor counties cricket.
He was eventually picked up by Northamptonshire while working for Lancashire as a cricket development officer and now plies his trade as a leading member of the Red Rose attack.
The Blackpool-born seamer needs no reminding how unusual his route to the top has been and happily wears the title of poster boy for those outside the elite game.
"To go from being a club cricketer at 26 to an England international at 32? That would be amazing," he told the Press Association.
"It's a great story, to never give up and keep following your dream, to keep pursuing things because you never know what can happen or when.
"It's a great advert for the minor counties as well, I think they'll enjoy my story. If it does happen for me with England, and hopefully it does, I think it will make a nice read."
Talking about his journey, Gleeson said he had done all kids of jobs.
"I've done all sorts of jobs - in a fishing tackle shop cleaning maggots, landscape gardening, all kinds," he said.
"I spent two winters in Australia and was meant to go back for a third but it was my sister's wedding so I stayed home and worked in a boiler factory. I was a bit of dogsbody, lifting and carrying, getting things off the shelves to send to the production line."
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Stars and their cars
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Cricket coaching offered a potential route out and Gleeson fully expected to be mentoring the next generation at close quarters rather than inspiring them in the middle by performing at the highest level.
"I had my career path in coaching, I've done my level three, I've done tutoring and that's the direction I was going down. I was a club cricketer and I was enjoying it. I probably did think at this age I wasn't going to get an opportunity.
"That's when James Middlebrook came to me and said I had the opportunity to play at Northants. I thought I'd give it a go."
The experiment has gone better than either party might have expected. His first-class debut against the touring Australians in 2015 saw him remove both Marsh brothers, Shaun and Mitch, and he now boasts 140 wickets in 33 matches at an average of 21.43.
He has also been a fine T20 performer and toured Australia with the England Lions this winter. The Lions usually go for a younger age profile, but as a late starter Gleeson has fewer miles in his legs than most of his contemporaries.
"Hopefully they see me as a little bit younger, maybe it's my boyish good looks," he adds with a smile.
"It's a tough old game and it takes a lot out of the body but when I've had scans with the physios at Lancashire they've said to me there's nothing they wouldn't expect to see in any normal 32-year-old, let alone one who's been playing cricket."
Match info:
Portugal 1
Ronaldo (4')
Morocco 0
Grand slam winners since July 2003
Who has won major titles since Wimbledon 2003 when Roger Federer won his first grand slam
Roger Federer 19 (8 Wimbledon, 5 Australian Open, 5 US Open, 1 French Open)
Rafael Nadal 16 (10 French Open, 3 US Open, 2 Wimbledon, 1 Australian Open)
Novak Djokovic 12 (6 Australian Open, 3 Wimbledon, 2 US Open, 1 French Open)
Andy Murray 3 (2 Wimbledon, 1 US Open)
Stan Wawrinka 3 (1 Australian Open, 1 French Open, 1 US Open)
Andy Roddick 1 (1 US Open)
Gaston Gaudio 1 (1 French Open)
Marat Safin 1 (1 Australian Open)
Juan Martin del Potro 1 (1 US Open)
Marin Cilic 1 (1 US Open)
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Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
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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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Call the hotline on 0502955999 or send "thenational" to the following numbers:
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Gender equality in the workplace still 200 years away
It will take centuries to achieve gender parity in workplaces around the globe, according to a December report from the World Economic Forum.
The WEF study said there had been some improvements in wage equality in 2018 compared to 2017, when the global gender gap widened for the first time in a decade.
But it warned that these were offset by declining representation of women in politics, coupled with greater inequality in their access to health and education.
At current rates, the global gender gap across a range of areas will not close for another 108 years, while it is expected to take 202 years to close the workplace gap, WEF found.
The Geneva-based organisation's annual report tracked disparities between the sexes in 149 countries across four areas: education, health, economic opportunity and political empowerment.
After years of advances in education, health and political representation, women registered setbacks in all three areas this year, WEF said.
Only in the area of economic opportunity did the gender gap narrow somewhat, although there is not much to celebrate, with the global wage gap narrowing to nearly 51 per cent.
And the number of women in leadership roles has risen to 34 per cent globally, WEF said.
At the same time, the report showed there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by women.
And women are significantly under-represented in growing areas of employment that require science, technology, engineering and mathematics skills, WEF said.
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EUROPE:
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USA:
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