LONDON // Kevin Pietersen was included in a 14-man squad for next week's third Ashes Test against Australia at Old Trafford despite concerns over his calf injury, the England and Wales Cricket Board (ECB) announced on Sunday.
Star batsman Pietersen will be given time to prove his fitness for the match, which starts at the Manchester venue on Thursday, with Nottinghamshire's James Taylor added to the squad as cover.
England have also altered their bowling options by bringing in Monty Panesar as a second spinner and recalling fast bowler Chris Tremlett in place of seamers Steven Finn and Graham Onions.
Pietersen, who has been sidelined for much of this year, suffered his latest fitness setback in England's crushing 347-run second Test win at Lord's last week and could not field in the second innings.
Taylor always looked the most likely candidate to be called up as cover after the ECB sought special dispensation for the diminutive batsman to guest for Sussex in their ongoing tour match against Australia at Hove.
The 23-year-old Taylor responded by making an unbeaten 64 on Saturday's second day of three.
Taylor played two Tests against South Africa last year but did not make the England squad for the tours of India and New Zealand, falling behind the likes of Nick Compton and Joe Root in the England pecking order.
However, he has been in good first-class form this season, scoring 824 runs in 15 County Championship appearances, including an unbeaten double century against Sussex in June.
"Kevin Pietersen is continuing his recovery from a calf strain and he will be assessed by the medical team closer to the start of the Test and we have therefore included an extra batsman in James Taylor who has been in good form for Nottinghamshire this season," said England national selector Geoff Miller in a statement announcing the squad.
Meanwhile left-armer Panesar has been included in the squad alongside off-break bowler Graeme Swann on account of Old Trafford's reputation for providing spin-friendly pitches which has endured despite the ground not having staged a Test for three years because of extensive redevelopment.
Sussex bowler Panesar last played a home Test four years ago when he held out with the bat to help guide England to a draw in the 2009 Ashes opener at Cardiff but has featured nine times abroad in recent years.
Tremlett, who starred in England's 3-1 Ashes series win in Australia in 2010/11 has not played a Test for 18 months, with injuries checking his progress. But the giant paceman has impressed for Surrey this season.
Finn played in England's narrow 14-run first Test win at Trent Bridge but was dropped for the second Test at Lord's, with all-rounder Tim Bresnan selected in his place. Durham fast-medium bowler Onions was in the squad for the first two Tests but did not play in either match.
"Chris Tremlett has worked hard to regain fitness and form following a couple of injuries and his performances for Surrey this season have been very encouraging," said Miller.
"Including an additional spinner in Monty Panesar who has plenty of international experience provides [captain] Alastair Cook and [coach] Andy Flower with a number of options," former England off-spinner Miller added.
Victory at Old Trafford would see England, currently 2-0 up with three to play, clinch the series and retain the Ashes.
However, a cautious Miller said: "The players worked hard at Trent Bridge and Lord's to get into a very good position in this Investec Ashes Series but will be fully aware that there is still a great deal of cricket left in the series."
England squad
Alastair Cook (captain), Joe Root, Jonathan Trott, Kevin Pietersen, Ian Bell, Jonny Bairstow, Matt Prior (wicketkeeper), Tim Bresnan, Stuart Broad, Graeme Swann, James Anderson, James Taylor, Chris Tremlett, Monty Panesar
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Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
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.”
ENGLAND SQUAD
Team: 15 Mike Brown, 14 Anthony Watson, 13 Ben Te'o, 12 Owen Farrell, 11 Jonny May, 10 George Ford, 9 Ben Youngs, 1 Mako Vunipola, 2 Dylan Hartley, 3 Dan Cole, 4 Joe Launchbury, 5 Maro Itoje, 6 Courtney Lawes, 7 Chris Robshaw, 8 Sam Simmonds
Replacements 16 Jamie George, 17 Alec Hepburn, 18 Harry Williams, 19 George Kruis, 20 Sam Underhill, 21 Danny Care, 22 Jonathan Joseph, 23 Jack Nowell
Scoreline
Liverpool 4
Oxlade-Chamberlain 9', Firmino 59', Mane 61', Salah 68'
Manchester City 3
Sane 40', Bernardo Silva 84', Gundogan 90' 1
Expert input
If you had all the money in the world, what’s the one sneaker you would buy or create?
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The specs
Engine: 2.0-litre four-cylinder turbo
Power: 268hp at 5,600rpm
Torque: 380Nm at 4,800rpm
Transmission: CVT auto
Fuel consumption: 9.5L/100km
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Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
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What is type-1 diabetes
Type 1 diabetes is a genetic and unavoidable condition, rather than the lifestyle-related type 2 diabetes.
It occurs mostly in people under 40 and a result of the pancreas failing to produce enough insulin to regulate blood sugars.
Too much or too little blood sugar can result in an attack where sufferers lose consciousness in serious cases.
Being overweight or obese increases the chances of developing the more common type 2 diabetes.
The specs: 2018 Nissan Patrol Nismo
Price: base / as tested: Dh382,000
Engine: 5.6-litre V8
Gearbox: Seven-speed automatic
Power: 428hp @ 5,800rpm
Torque: 560Nm @ 3,600rpm
Fuel economy, combined: 12.7L / 100km
Heather, the Totality
Matthew Weiner,
Canongate
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
Women’s World T20, Asia Qualifier
UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs
Standings (P, W, l, NR, points)
1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0
Final
Thailand v UAE, Monday, 7am
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Zayed Sustainability Prize
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
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Global state-owned investor ranking by size
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United States
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China
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3.
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UAE
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Japan
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5
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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Gulf Under 19s final
Dubai College A 50-12 Dubai College B
