This artist's concept illustration shows a distant view from Planet Nine back towards the sun. The planet is thought to be gaseous, similar to Uranus and Neptune. Hypothetical lightning lights up the night side. AFP Photo / Caltech / Robert Hurt
This artist's concept illustration shows a distant view from Planet Nine back towards the sun. The planet is thought to be gaseous, similar to Uranus and Neptune. Hypothetical lightning lights up the Show more

Unseen planet dents the old order



When a pair of scientists noticed objects in the Kuiper Belt behaving 'in a very strange way that shouldn't happen', they put 2 and 2 together and concluded the anomaly was being caused by a distant ninth planet.

It could be the loneliest and coldest place in the Solar System, a world of rock and ice permanently shrouded in darkness on an epic 20,000-year journey around our Sun.

If it exists at all. The news that a ninth planet may exist has both excited and divided the scientific community.

Evidence presented on Thursday by astronomers at the California Institute of Technology points to “Planet 9” as the only logical explanation for the behaviour of another group of distant objects billions of miles from Earth.

Konstantin Batygin and ­­Michael E. Brown admit that they have not actually seen the new planet, but have published the evidence in 12 pages of closely argued calculations in the February issue of The Astronomical Journal. Dr Brown now hopes to enlist the help of ordinary astronomers to capture the elusive celestial body.

“There are many telescopes on the Earth that actually have a chance of being able to find it and I’m really hoping that as we announce this, people start a worldwide search to go find this ninth planet,” he said.

Their evidence rests on the behaviour of objects in the Kuiper Belt, a band of rock and ice that includes Pluto, whose own credentials as a planet have been repeatedly questioned.

Several of the larger objects in the Belt “swing out in one direction in a very strange way that shouldn’t happen”, Dr Brown said. The pair’s findings report: “Such a clustering has only a probability of 0.007 per cent to be due to chance, thus requiring a dynamic origin.

“We find that the observed orbital alignment can be maintained by a distant eccentric planet.”

The planet has not been seen so far because it orbits differently to the other eight in the Solar System, which line up in a single direction.

According to the scientists’ calculations, “Planet 9” would be at least the size of Earth and possible much bigger, with a mass 4,500 times that of Pluto.

Its orbit would take it between 20 billion and 100 billion miles from the Sun, which would appear as little more than a brighter than normal star. Each year on the planet would last between 10,000 and 20,000 years. The Caltech team admit they do not yet know the orbit of the planet.

Scientists have long speculated about the existence of a “Planet X” but until now have failed to find any clear evidence of its existence.

Dr Brown said he hoped the new planet would be viewed within five years. One theory is that it is the core of a gas giant like Saturn, formed in the early Solar System and ejected during a close pass by Jupiter.

Scepticism about their claims came from Nasa’s chief scientist Ellen Stofan, who said proof would need to be provided by telescopic evidence. However, she admitted that planets similar to Planet 9 had been observed outside the Solar System.

“The fact that we don’t have a planet in that size class between Earth and Neptune makes us think, ‘well, maybe we are missing one’, and maybe they’ve predicted it,” she told the BBC.

Dr Brown’s credentials include the discovery of the dwarf planet Eris in 2005. At 2,236 kilometres wide, Eris has a mass 27 per cent greater than Pluto, making it the ninth largest object in the Solar System.

As a result, the International Astronomical Union the following year created a new category of dwarf planet, including Pluto and effectively ending its status as a planet proper.

Dr Brown, whose Twitter title is "planet killer", says his daughter is still upset at her father's role in the demotion of Pluto. He told The Washington Post: "She's still kind of mad about Pluto being demoted, even though she was barely born at that time – she suggested a few years ago that she'd forgive me if I found a new planet. So I guess I've been working on this for her."

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The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

Results:

CSIL 2-star 145cm One Round with Jump-Off

1.           Alice Debany Clero (USA) on Amareusa S 38.83 seconds

2.           Anikka Sande (NOR) For Cash 2 39.09

3.           Georgia Tame (GBR) Cash Up 39.42

4.           Nadia Taryam (UAE) Askaria 3 39.63

5.           Miriam Schneider (GER) Fidelius G 47.74

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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Israel Palestine on Swedish TV 1958-1989

Director: Goran Hugo Olsson

Rating: 5/5

Ant-Man and the Wasp

Director: Peyton Reed

Starring: Paul Rudd, Evangeline Lilly, Michael Douglas

Three stars

BIO

Favourite holiday destination: Turkey - because the government look after animals so well there.

Favourite film: I love scary movies. I have so many favourites but The Ring stands out.

Favourite book: The Lord of the Rings. I didn’t like the movies but I loved the books.

Favourite colour: Black.

Favourite music: Hard rock. I actually also perform as a rock DJ in Dubai.

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MATCH INFO

Uefa Champions League semi-final, first leg

Tottenham v Ajax, Tuesday, 11pm (UAE).

Second leg

Ajax v Tottenham, Wednesday, May 8, 11pm

Games on BeIN Sports

MATCH INFO

First Test at Barbados
West Indies won by 381 runs

Second Test at Antigua
West Indies won by 10 wickets

Third Test at St Lucia
February 9-13

 

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat