Pakistan, vast, populous country that it is, has no trouble finding fast bowlers. There is a system in place, built on equal parts serendipity and organisation, that keeps discovering talent.
It is actually a wonderfully informal network, working mostly outside the influence of the cricket board, built on a strong grapevine running through small clubs, private academies and street tape-ball cricket. It is honed specifically to pick up any little glint out there from under the muck. In fact, word has it that there is a dynamite kid in the same academy in Rawalpindi that produced Mohammad Amir.
Be it an ex-cricketer, an ex-pacer, a local coach or an academy owner, once a diamond has been found, no force on earth will stop him from at least being considered by Pakistan. This is not a production line. It is a democracy.
Pakistan has no real problem in breaking them into the national set-up, either. Once arrived, their talent finds immediate release – note how many make an impression straightaway. Invariably, they come across an Akram, a Waqar or an Aaqib, fast-bowling whisperers, who sprinkle smarts onto them. A future is assured.
Except it never is, or at least not over the past decade. As much as their batting, the administrative blow-outs, the leadership rigmaroles and many controversies, it is the waste of their pace resources that has defined Pakistan’s decade.
Take the series against Sri Lanka, which begins on Wednesday night in Dubai with the first Twenty20. Pakistan will be without Mohammad Irfan, probably for the entire series, at a time when he has just begun to knit a number of unique and frighteningly effective attributes into one: a combination of height and the high pace, the left-arm angle, the swerve, the recognition of the virtues of a fuller length.
He is not here because he was not fit to play the last T20 against South Africa in Dubai, but was compelled to do so because Pakistan felt they had no other choice. At the end of a long series for him, he pulled up injured. How he comes back, when he does, whether he does, nobody really knows.
If the specifics of each case are different, the broad pattern of mismanagement on or off the field is familiar. A bowler is found, bowler arrives, bowler buoyant, bowler lost. Take a glance through the roster of the fast bowlers who have played for Pakistan since the beginning of 2003, a list of 32 players that excludes the two W’s, Wasim Akram and Waqar Younis, who were almost finished by then.
Of those, only Umar Gul has appeared in half the number of international matches that Pakistan has played in entirety and he barely achieves that percentage (215 of a possible 426 games). The rest, young, middle-aged and old, are not even close.
Pakistan do not play as many Tests as others, so to imagine any of their pacers having played anything near the match totals of the Australia, South Africa or England players is misplaced. But if the good news is that their most regularly used Test fast bowler this decade – Gul again – has played just over half of all Tests (47 of a possible 86) that tells you how bad the bad news really is.
Forget that Dale Steyn or James Anderson, Stuart Broad (Test debut 2007) and Peter Siddle (Test debut 2008) have both played more than Gul. That is a career not even half-formed, stretched thin over a decade.
The really bad news is that they have never managed to play their best pacemen together for long enough, or at all. The careers of Shoaib Akhtar, Mohammad Asif, Mohammad Amir and Gul overlapped, yet they never once played together. If one was injured, another was banned for doping, if another retired, one was jailed for corruption.
Imagine the damage, imagine the joy of that quartet.
That is one among myriad permutations, ignoring the benefits lesser-acclaimed men such as Rana Naved-ul-Hasan, Rao Iftikhar, Shabbir Ahmed, Shahid Nazir and others could have brought had they been around long enough or bowled with the bigger stars more regularly.
There are many reasons the potent talent pipeline has sometimes clogged, but some are more striking than others. Unlike Akram and Waqar, none of these bowlers had the benefit of a mentor like Imran Khan, who not only dished out bowling tips, but turned them into men.
He controlled every aspect of their lives, including their training, diet and social lives. He was an entire education, his own experiences priming his pupils for longevity.
What he did not provide, county cricket did, helping them work out not just their bowling, but their bodies, too.
The best and worst thing is, Pakistan might not miss Irfan. Few would bat an eye if Usman Shinwari or Bilawal Bhatti won them a game.
What would be surprising, though – and pleasantly so – is if they were still doing it, 10 years and 80 Tests later.
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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.”