Ireland begin their World Twenty20 Qualifier campaign on Friday as hot favourites to win the competition. Deshakalyan Chowdhury / AFP
Ireland begin their World Twenty20 Qualifier campaign on Friday as hot favourites to win the competition. Deshakalyan Chowdhury / AFP

Be wary of minnows at World Twenty20 Qualifier



This qualification tournament was supposed to be a foregone conclusion of Sebastian Vettel-esque proportions.

Wisdom accrued in the two previous editions of the 20-over competition, plus reams of other cricket, besides, points squarely to the fact the Ireland and Afghanistan have no serious rivals in this strata of the sport.

The only doubt would be over which of those two sides would win the final – but they were both assured of qualifying as soon as they landed on these shores.

And then Ireland – with their fully professional set-up and all their World Cup experience – went and lost a warm-up match to Papua New Guinea, of all teams, in Dubai on Wednesday.

The world has gone mad. Apparently there is a game going on in Mumbai at present – but this was the real cricket story of the week.

PNG, a country whose most significant contribution to the sport to date is as the answer to an obscure trivia question: in which country was England’s 2005 Ashes-winning wicketkeeper born?

Geraint Jones is back in the colours of his birth country for this tournament. It says much about the advance made by a country otherwise known internationally for its high levels of unemployment and petty crime that their cricket team is in no way reliant on him.

This tournament is packed with tales like PNG’s – of human spirit triumphing over logic. Like the Italian players who have to take flights to play domestic matches, given there are so few people who play the game there.

Expect Ireland and Afghanistan to fill the top two places. But cricket should get ready to welcome at least one colourful newcomer to the World Twenty20’s top table by the end of this month.

pradley@thenational.ae

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The struggle is on for active managers

David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.

The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.

Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.

Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.

Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.

At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn. 

Results

4pm: Maiden (Dirt) Dh165,000 1,600m
Winner: Moshaher, Pat Dobbs (jockey), Doug Watson (trainer).

4.35pm: Handicap (D) Dh165,000 2,200m
Winner: Heraldic, Richard Mullen, Satish Seemar.

5.10pm: Maiden (Turf) Dh165,000 1,600m
Winner: Rua Augusta, Harry Bentley, Ahmad bin Harmash.

5.45pm: Handicap (D) Dh190,000 1,200m
Winner: Private’s Cove, Mickael Barzalona, Sandeep Jadhav.

6.20pm: Handicap (T) Dh190,000 1,600m
Winner: Azmaam, Jim Crowley, Musabah Al Muhairi.

6.55pm: Handicap (D) Dh190,000 1,400m
Winner: Bochart, Richard Mullen, Satish Seemar.

7.30pm: Handicap (T) Dh190,000 2,000m
Winner: Rio Tigre, Mickael Barzalona, Sandeep Jadhav.

THE BIO: Martin Van Almsick

Hometown: Cologne, Germany

Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)

Favourite dessert: Umm Ali with dark camel milk chocolate flakes

Favourite hobby: Football

Breakfast routine: a tall glass of camel milk

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.

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Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
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Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

The years Ramadan fell in May

1987

1954

1921

1888

UNSC Elections 2022-23

Seats open:

  • Two for Africa Group
  • One for Asia-Pacific Group (traditionally Arab state or Tunisia)
  • One for Latin America and Caribbean Group
  • One for Eastern Europe Group

Countries so far running: 

  • UAE
  • Albania 
  • Brazil