Among the India fast bowlers, Shami Ahmed, above, has shown discipline and bowled yorkers that his captain is seeking. Jewel Samad / AFP
Among the India fast bowlers, Shami Ahmed, above, has shown discipline and bowled yorkers that his captain is seeking. Jewel Samad / AFP
Among the India fast bowlers, Shami Ahmed, above, has shown discipline and bowled yorkers that his captain is seeking. Jewel Samad / AFP
Among the India fast bowlers, Shami Ahmed, above, has shown discipline and bowled yorkers that his captain is seeking. Jewel Samad / AFP

Dhoni wants his India pacers to slog harder with 2015 World Cup in mind


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LEEDS, ENGLAND // India captain MS Dhoni said his side’s pacemen would need to hone their skills bowling in the “slog overs” if the world champions were to defend their title in Australia and New Zealand early next year.

Dhoni’s men were beaten by 41 runs by England in the final one-day international of the five-match series at Headingley on Friday but still took the series 3-1 after a trio of crushing wins.

India repeatedly exploited England’s long-standing weakness against spin bowling and might well have done so again on Friday but for Joe Root’s 113 on his Yorkshire home ground.

The likes of pacemen Bhuvneshwar Kumar and Mohammed Shami were able to take early wickets and then let the spinners take over for much of the series. It was a tactic that worked well until Friday, when England made use of the batting power play by scoring 55 runs for no wickets.

Pitches and overhead conditions are likely to be very different in Australia and New Zealand when the World Cup starts in February, although India will have had the benefit of an acclimatising tri-series in Australia, which will also feature England.

“I think slog bowling is something which I would like to improve as a team because the conditions in Australia and New Zealand will be very different,” Dhoni said.

“In New Zealand, there are not many games [for India] but the grounds are not very big.

“So we cannot use spinners too much after the 40th over. To some extent it will put extra pressure on the fast bowlers to stand up and take more responsibility.

“It’s really important for them to use the coming games well but at the same time, the next five [ODIs at home] against the West Indies, we will get a fair amount of dew so they might find it tough to execute their yorkers or may not find their reverse swing – it won’t be exactly what we may face later in Australia and New Zealand.”

But having seen Shami take two for 52 in 10 overs at Headingley, Dhoni indicated he had the discipline he was seeking. “His execution was great, which I feel is lacking in some of our other fast bowlers,” he said.

“But definitely he bowled really well with his yorkers. Whenever I needed him or asked him he really bowled well.”

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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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Omar Yabroudi's factfile

Born: October 20, 1989, Sharjah

Education: Bachelor of Science and Football, Liverpool John Moores University

2010: Accrington Stanley FC, internship

2010-2012: Crystal Palace, performance analyst with U-18 academy

2012-2015: Barnet FC, first-team performance analyst/head of recruitment

2015-2017: Nottingham Forest, head of recruitment

2018-present: Crystal Palace, player recruitment manager

 

 

 

 

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