Sunrisers Hyderabad cricketer David Warner gestures as he walks back to the pavilion during the 2019 Indian Premier League (IPL) Twenty20 cricket match between Sunrisers Hyderabad and Kings XI Punjab at the Rajiv Gandhi International Cricket Stadium in Hyderabad on April 29, 2019. (Photo by NOAH SEELAM / AFP) / ----IMAGE RESTRICTED TO EDITORIAL USE - STRICTLY NO COMMERCIAL USE-----
Sunrisers Hyderabad cricketer David Warner gestures as he walks back to the pavilion during the 2019 Indian Premier League (IPL) Twenty20 cricket match between Sunrisers Hyderabad and Kings XI Punjab at the Rajiv Gandhi International Cricket Stadium in Hyderabad on April 29, 2019. (Photo by NOAH SEELAM / AFP) / ----IMAGE RESTRICTED TO EDITORIAL USE - STRICTLY NO COMMERCIAL USE-----
Sunrisers Hyderabad cricketer David Warner gestures as he walks back to the pavilion during the 2019 Indian Premier League (IPL) Twenty20 cricket match between Sunrisers Hyderabad and Kings XI Punjab at the Rajiv Gandhi International Cricket Stadium in Hyderabad on April 29, 2019. (Photo by NOAH SEELAM / AFP) / ----IMAGE RESTRICTED TO EDITORIAL USE - STRICTLY NO COMMERCIAL USE-----
Sunrisers Hyderabad cricketer David Warner gestures as he walks back to the pavilion during the 2019 Indian Premier League (IPL) Twenty20 cricket match between Sunrisers Hyderabad and Kings XI Punjab

IPL 2019: Departing David Warner 'went back to basics' to top run chart


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Australia's David Warner Monday hit a scintillating 81 to seal his comeback from scandal in his last Indian Premier League game before heading to the Cricket World Cup.

Warner's knock off 56 balls powered Hyderabad to a 45-run win over Kings XI Punjab after posting a mammoth 212-6 and improve their chances of making the play-offs.

The left-handed opener ended the Twenty20 tournament on top of the batting chart with 692 runs including eight fifties and a century in 12 innings.

"It's obviously great to get out there and do your job properly," Warner said after receiving the Man of the Match award at Hyderabad's Rajiv Gandhi International Stadium. "The ground staff have worked tirelessly to prepare good wickets and then it's about going back to basics and backing your instincts."

Warner and Smith served a 12-month ban for cheating in a Cape Town Test in March last year along with teammate Cameron Bancroft, who was banned for nine months.

But the disgraced duo have brought back the focus to their game ahead of Australia's World Cup training camp in Brisbane starting on Thursday.

Warner said he worked hard on his game during the suspension period and the results are there see.

"I think it just goes back to being still as a batsman. I get the tendency to moving around a bit if there have been a few dots. But I have worked hard over the last few months," Warner said.

"Just put the bat down and tried to be the best man I can be, the best husband I can be and that's worked for me."

Afghan leg-spinner Rashid Khan also played a hand in giving a perfect send off to Hyderabad teammate Warner after returning figures of 3-21 and restrict Punjab to 167-8.

Indian batsman Lokesh Rahul top-scored with 79 off 56 deliveries but stood alone among the batting ruins of a side that will now find it difficult to make the play-offs.

For Hyderabad it was the opening pair of Warner and England batsman Jonny Bairstow, who also left home for World Cup preparations last week, that formed the bulk of their success so far.

The Aussie-English duo gave the team many blazing starts including IPL's best ever opening stand of 185 last month and captain Kane Williamson praised their efforts.

"They have been world-class throughout this whole campaign for us and put us in really strong positions," said Williamson, who will lead New Zealand in the World Cup starting on May 30.

"There is still lot of work to do. It has to be a collective effort. Very hard to fill someone's boot directly, [but] the team will have to pick up some slack and perform our roles like any other day."

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War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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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.”

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Results

6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m 

Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer) 

6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m 

Winner: Island Falcon, Frankie Dettori, Saeed bin Suroor 

7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
1,400m 

Winner: Rawy, Mickael Barzalona, Salem bin Ghadayer 

7.45pm: Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m 

Winner: Desert Fire, Hector Crouch, Saeed bin Suroor 

8.20pm: Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m 

Winner: Naval Crown, William Buick, Charlie Appleby 

8.55pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m 

Winner: Al Tariq, Pat Dobbs, Doug Watsons 

9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m 

Winner: Dubai Icon, Patrick Cosgrave, Saeed bin Suroor