Julian Savea of New Zealand breaks through tackles during his team's Rugby World Cup Pool C win over Georgia on Friday night. Stu Forster / Getty Images / October 2, 2015
Julian Savea of New Zealand breaks through tackles during his team's Rugby World Cup Pool C win over Georgia on Friday night. Stu Forster / Getty Images / October 2, 2015

All Blacks looking at last chance to perfect their edge before knockouts



Newcastle, England // Even without a limping Richie McCaw the All Blacks go into their final group game against Tonga saying they are ready for the Rugby World Cup knockout rounds.

Their final Pool C game is their last chance to erase any anxieties before the competition goes into sudden death. But they will be without their inspirational skipper who is sidelined with a sore thigh.

The All Blacks eased into the quarter-finals unbeaten after three games but without ever looking the unpenetrable fortress they are meant to be.

They are expecting a much-need workout from the bruising Tongans up front, and in the backs a repeat of the one-man “shooter” defence – two areas of concern when they played Georgia last weekend.

Coach Steve Hansen has repeatedly emphasised that the lesson learned from the ill-fated 2007 campaign was that pool games are not for posting record scores but to rehearse for scenarios to be faced in the knockout stages.

He is confident that any problems are being rectified and a thorough work out against Tonga will top things off.

“We’ve worked incredibly hard on the training pitch, but it may not have reflected in the quality of the performance that everyone expects from us,” Hansen said.

“It’s more a reflection of how hard we’ve been working off it, probably harder than we’ve ever worked before as a team in the last four years.

“So, physically we’ll be ready and I know that mentally we’re a strong side.”

Fly-half Dan Carter suggested “over-thinking” was at the root of their problems and the focus against Tonga was to get clarity in their game.

Carter, looking to recover from scratchy performances and a wayward kicking radar, should feel more comfortable with Ma’a Nonu outside him instead of Sonny Bill Williams.

He refers to Nonu, who will be playing his 100th Test, as his “eyes and ears” relaying what he is seeing and “helping me with my option taking.”

Waisake Naholo has been cleared to start on the wing with Nehe Milner-Skudder giving Julian Savea a break after featuring in the first three wins over Argentina, Namibia and Georgia.

Props Tony Woodcock and Owen Franks return to the starting line-up and Luke Romano replaces Brodie Retallick in the middle row.

McCaw, the world’s most experienced Test player with a record 145 caps, was omitted because of a leg knock suffered against Georgia. Sam Cane gets his second start in the tournament.

Hansen stressed McCaw’s injury was not serious and there were no alarm bells. “We’re OK with it and the people who are anxious about it don’t need to be anxious,” Hansen said.

“He would be able to play if this was the quarter final.”

Tonga’s last World Cup hope, a third-place pool finish to automatically qualify for the 2019 World Cup, realistically disappeared Wednesday when Georgia beat Namibia 17-16.

But they still want to finish with pride and captain Nili Latu said they will pressure the All Blacks.

“We’ve got to go in attacking. We can’t just go in there and let the All Blacks have their way,” said Latu who has indicated this will be his last international match.

Tonga centre Siale Piutau, whose All Black brother Charles missed the cut for the World Cup, said the All Blacks have weak points but it will take a total effort to exploit them.

“They have come back from games when they have been down after 60 minutes, 70 minutes. So for us to win this game, not only our belief has to be there, our faith, but were going to have to play the full 80,” he said.

“The way its gone with the Georgians, the Namibians and the Argentinians, they’ve given the All Blacks a good run.”

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Founders: Iheb Triki and Mohamed Ali Abid
 
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
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Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
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Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
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Squads

Sri Lanka Tharanga (c), Mathews, Dickwella (wk), Gunathilaka, Mendis, Kapugedera, Siriwardana, Pushpakumara, Dananjaya, Sandakan, Perera, Hasaranga, Malinga, Chameera, Fernando.

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The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
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8.50pm: Calandogan
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Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

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Price: from Dh229,900 to Dh355,000

Summer special
The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Generation Start-up: Awok company profile

Started: 2013

Founder: Ulugbek Yuldashev

Sector: e-commerce

Size: 600 plus

Stage: still in talks with VCs

Principal Investors: self-financed by founder

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.”

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013