Wales flanker Sam Warburton is hoping to be named in the British & Irish Lions squad to tour New Zealand this summer. Charlie Forgham Bailey / AP Images
Wales flanker Sam Warburton is hoping to be named in the British & Irish Lions squad to tour New Zealand this summer. Charlie Forgham Bailey / AP Images

Sam Warburton would ‘love’ to be in British & Irish Lions squad but has not had a ‘single conversation’ about captaincy



Wales loose forward Sam Warburton will be happy just to earn selection for the British & Irish Lions side heading to New Zealand this year and has no concerns over his chances of being named as captain for a second time.

“I’d love to be in that squad and I can’t look past further than that. There’s so much competition in the squad,” Warburton said.

“I would love to go on tour and I’ve always respected the players who have gone on multiple Lions tours and that’s something I’d love to try and do.”

The New Zealand tour includes a total of 10 fixtures to be played from June 3 to July 8, including three Tests against the All Blacks and five matches against New Zealand Super Rugby teams.

Warburton became the first Welsh captain for the Lions since 1977 when he led the side to Australia in 2013, a series won 2-1 by the visitors despite his absence from the final Test through injury.

The squad for the New Zealand tour will be announced on April 19 and Warburton, who captained Wales for a record 49 games, is reportedly among the favourites to wear the armband.

“Fans, pundits, media are all talking about it but I haven’t had a single conversation about that,” he said.

“You just know that’s part and parcel of playing international rugby. It’s a compliment but it’s something I’m not thinking about.”

Meanwhile, Denny Solomona has his sights on an England place following his controversial switch to rugby union.

The Sale winger has scored 11 tries in as many games this season for the Sharks after moving from Super League side Castleford Tigers.

That could potentially bring him onto Eddie Jones’s radar for the summer tour of Argentina, having completed a three-year residency period to qualify, and the New Zealand-born flyer would welcome the chance.

“Yes, 100 per cent,” he told The Times. “If the opportunity presents itself, I’ll take it with both hands.

“At the moment, I’m just focusing on the now and playing well for Sale. If it comes, it comes.

“I’ve bought a house here, I’m engaged to marry an English girl, I’m well and truly inside the English culture now. I’ve been here three years and that’s the choice I want to make.”

Solomona did not comment on his acrimonious departure from Castleford, which remains the subject of legal action after he retired from rugby league – age 23, with two years left on his contract – and returned to the code he played as a youngster in New Zealand.

Solomona, who has previously represented Samoa in rugby league, said: “There’s always been an aspiration to come back and finish what I started in union. Now I’m doing it.

“I sat down and spoke to Steve Diamond and my fiancee and we said [the criticism is] bound to happen. I just block [social media critics]. If it wasn’t for the Sale boys being so welcoming, it would have been a nightmare.

“Everyone’s got their frustrations. I’ve moved on, I’m sure they’ll move on too.”

* Agencies

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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.

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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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