Alistair Cook celebrates after reaching his 15th Test century as Ausralian capain Ricky Ponting looks on.
Alistair Cook celebrates after reaching his 15th Test century as Ausralian capain Ricky Ponting looks on.

England tightens grip on second Ashes Test



Alastair Cook again proved to be an immovable force, blunting Australia's bowlers to put England in a commanding position in the second Test at the Adelaide Oval on Saturday.

The frazzled Australians endured a long hot day of toil in the field for scant reward as Cook continued to be the marathon man of the Ashes series, scoring his second century.

England cruised past Australia's below-par first innings total of 245 some 23 overs before stumps and finished the sweltering second day at 317 for two, a lead of 72.

Cook followed up his unbeaten 235 in Brisbane to end the day on 136 with Kevin Pietersen, not out on 85, threatening to unleash a big score on Sunday's third day.

Vice-captain Cook, displaying immense powers of concentration, has amassed 438 runs in three innings in this series for one dismissal and has spent all but 11 overs on the field in the first seven days of the series.

"It was excellent conditions to bat in today, 37 degrees and a good wicket to bat on," Cook said.

"It was important to make the most of what our bowlers did yesterday. It was fantastic effort to dismiss them for 245.

"We are in a really good position now but it's only day two so there's a lot of cricket left as we showed last week you can fight back."

The Essex left-hander helped himself to four with a cut off ineffectual spinner Xavier Doherty to reach his ton, his third against Australia. Cook has now scored 15 Test centuries before the age of 26, equalling the achievement of Australian legend Don Bradman. Only India's Sachin Tendulkar, the leading Test run-scorer of all time, managed more, reaching three figures 19 times before his 26th birthday.

The only time Cook looked in trouble came when he needed a review on 64 to survive after he was given out caught behind attempting to hook Peter Siddle in the 43rd over.

Replays showed that the ball hit Cook's arm rather than his bat and umpire Marais Erasmus reversed his decision. "England are in a very good position, but the important thing for us is to make sure we stay in the fight," Australian wicketkeeper Brad Haddin said.

"Test cricket is never easy and we have our backs to wall and we're in for a real fight."

SCOREBOARD

Australia, 1st innings: 245
England, 1st innings (Overnight 1-0):
Andrew Strauss b Bollinger 1
Alastair Cook not out 136
Jonathan Trott c Clarke b Harris 78
Kevin Pietersen not out 85
Extras: (4b, 7lb, 6w) 17
TOTAL: (For two wickets) 317
Overs: 89.
Bowling: Ryan Harris 19-4-51-1 (1w), Doug Bollinger 15-0-76-1 (1w), Peter Siddle 16-3-50-0, Shane Watson 14-5-31-0, Xavier Doherty 15-3-70-0, Marcus North 10-0-28-0.

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5
THE BIO

Age: 30

Favourite book: The Power of Habit

Favourite quote: "The world is full of good people, if you cannot find one, be one"

Favourite exercise: The snatch

Favourite colour: Blue

BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

UAE currency: the story behind the money in your pockets
In numbers

Number of Chinese tourists coming to UAE in 2017 was... 1.3m

Alibaba’s new ‘Tech Town’  in Dubai is worth... $600m

China’s investment in the MIddle East in 2016 was... $29.5bn

The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn

Boost to the UAE economy of 5G connectivity will be... $269bn 

Sonchiriya

Director: Abhishek Chaubey

Producer: RSVP Movies, Azure Entertainment

Cast: Sushant Singh Rajput, Manoj Bajpayee, Ashutosh Rana, Bhumi Pednekar, Ranvir Shorey

Rating: 3/5

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Company%20Profile
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SPECS
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MEDIEVIL%20(1998)
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World Test Championship table

1 India 71 per cent

2 New Zealand 70 per cent

3 Australia 69.2 per cent

4 England 64.1 per cent

5 Pakistan 43.3 per cent

6 West Indies 33.3 per cent

7 South Africa 30 per cent

8 Sri Lanka 16.7 per cent

9 Bangladesh 0

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.”

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

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Director: Tim Burton

Rating: 3/5

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MATCH DETAILS

Chelsea 4 

Jorginho (4 pen, 71 pen), Azpilicueta (63), James (74)

Ajax 4

Abraham (2 og), Promes (20). Kepa (35 og), van de Beek (55) 


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