New Zealand and Brendon McCullum were eliminated from the World Twenty20 after losing to Sri Lanka. AM Ahad / AP
New Zealand and Brendon McCullum were eliminated from the World Twenty20 after losing to Sri Lanka. AM Ahad / AP

‘We’re not good enough’ says McCullum after New Zealand bow out of World T20



New Zealand will return home for some serious soul searching and to discuss how they can finally win a limited-overs competition or next year’s World Cup could end the same way as so many others, said captain Brendon McCullum.

McCullum’s team were skittled out for 60 in their World Twenty20 match against Sri Lanka on Monday, a 59-run defeat ending their hopes of qualifying for the semi-finals in Bangladesh.

New Zealand have been perennial underachievers in tournaments, making six semi-finals at World Cups but never reaching a final.

They have qualified for just one World Twenty20 semi-final and their only success was at the Champions Trophy in 2000.

McCullum suggested New Zealand could be in for another frustrating 50-over World Cup next year, an event they co-host with Australia, if his side do not learn from their failures in Bangladesh.

“I said right at the outset we would have to play really well here. We’re not good enough to only play at 80 percent,” the skipper told reporters in Chittagong.

“There are some things that irked me through the tournament and I’ll be addressing those later. Something’s going to have to change at some stage otherwise we’ll keep turning up at tournaments, winning a couple, losing a couple and never claiming any silverware.”

New Zealand went into the competition bouyed by some impressive performances in their domestic summer including a 4-0 thrashing of world champions India in a one-day series.

The team have been built with an eye on 2015 and with an aggressive top batting order in Martin Guptill, McCullum and Ross Taylor and promising all-rounders in Corey Anderson and Jimmy Neesham.

The attack is spearheaded by the experienced Kyle Mills. The hostile Mitchell McClenaghan is used as a strike bowler while Nathan McCullum is widely considered one of the more economical limited-over spinners in world cricket.

New Zealand, however, only beat England via the Duckworth-Lewis method, could not chase down 170 set by South Africa and struggled to beat Netherlands before they lost to Sri Lanka who are becoming hoodoo opponents.

Sri Lanka were again too strong on Monday with left-arm spinner Rangana Herath taking five wickets for three runs.

“How do you get out for 60? I’m still trying to work that out as well especially when one guy gets 40-odd,” said McCullum referring to Kane Williamson’s 42.

“We should have chased down 120 and only getting halfway is nowhere good enough.”

It was not a surprise New Zealand toiled on the Bangladesh pitches particularly against left-arm spinners like Herath.

The Kiwis have lost seven of their last eight completed one-day matches in Bangladesh - the only game they won was against South Africa in the 2011 World Cup - with the home team’s slow left-armers taking almost half of the wickets to fall.

“They (Sri Lanka) bowled really well but we didn’t bat well,” said McCullum of Monday’s match.

“We played across the line to the ball which was skidding on and some of us tried to be too aggressive against the ball spinning away.

“When you’re playing on these surfaces, which are very foreign to what we’re used to, plus with the nature of Twenty20 where you have to be very smart with your decision making, you can’t afford to be lacking with your cricketing intelligence and that’s what we lacked in this tournament.”

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Director: Nora Twomey

Starring: Saara Chaudry,  Soma Chhaya,  Laara Sadiq 

Three stars

Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

Managing the separation process

  • Choose your nursery carefully in the first place
  • Relax – and hopefully your child will follow suit
  • Inform the staff in advance of your child’s likes and dislikes.
  • If you need some extra time to talk to the teachers, make an appointment a few days in advance, rather than attempting to chat on your child’s first day
  • The longer you stay, the more upset your child will become. As difficult as it is, walk away. Say a proper goodbye and reassure your child that you will be back
  • Be patient. Your child might love it one day and hate it the next
  • Stick at it. Don’t give up after the first day or week. It takes time for children to settle into a new routine.And, finally, don’t feel guilty.  
The National's picks

4.35pm: Tilal Al Khalediah
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Family reunited

Nazanin Zaghari-Ratcliffe was born and raised in Tehran and studied English literature before working as a translator in the relief effort for the Japanese International Co-operation Agency in 2003.

She moved to the International Federation of Red Cross and Red Crescent Societies before moving to the World Health Organisation as a communications officer.

She came to the UK in 2007 after securing a scholarship at London Metropolitan University to study a master's in communication management and met her future husband through mutual friends a month later.

The couple were married in August 2009 in Winchester and their daughter was born in June 2014.

She was held in her native country a year later.

The specs
Engine: 3.0-litre 6-cyl turbo

Power: 374hp at 5,500-6,500rpm

Torque: 500Nm from 1,900-5,000rpm

Transmission: 8-speed auto

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Price: from Dh285,000

On sale: from January 2022 

Israel Palestine on Swedish TV 1958-1989

Director: Goran Hugo Olsson

Rating: 5/5

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Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind

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.”

My Cat Yugoslavia by Pajtim Statovci
Pushkin Press

COMPANY PROFILE
Name: Kumulus Water
 
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Founders: Iheb Triki and Mohamed Ali Abid
 
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On sale: December
Price: From Dh330,000 (estimate)
ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

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A MINECRAFT MOVIE

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Starring: Jack Black, Jennifer Coolidge, Jason Momoa

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The Buckingham Murders

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APPLE IPAD MINI (A17 PRO)

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Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps

Biometrics: Touch ID, Face ID

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In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

The specs

Engine: 3.8-litre V6

Power: 295hp at 6,000rpm

Torque: 355Nm at 5,200rpm

Transmission: 8-speed auto

Fuel consumption: 10.7L/100km

Price: Dh179,999-plus

On sale: now 

A Dog's Journey 

Directed by: Gail Mancuso

Starring: Dennis Quaid, Josh Gad, Marg Helgenberger, Betty Gilpin, Kathryn Prescott

3 out of 5 stars

If you go

The flights

There are direct flights from Dubai to Sofia with FlyDubai (www.flydubai.com) and Wizz Air (www.wizzair.com), from Dh1,164 and Dh822 return including taxes, respectively.

The trip

Plovdiv is 150km from Sofia, with an hourly bus service taking around 2 hours and costing $16 (Dh58). The Rhodopes can be reached from Sofia in between 2-4hours.

The trip was organised by Bulguides (www.bulguides.com), which organises guided trips throughout Bulgaria. Guiding, accommodation, food and transfers from Plovdiv to the mountains and back costs around 170 USD for a four-day, three-night trip.