Umar Nurmagomedov during UFC Fight Night at the Etihad Arena in 2021. Photo by Jeff Bottari/Zuffa LLC
Umar Nurmagomedov during UFC Fight Night at the Etihad Arena in 2021. Photo by Jeff Bottari/Zuffa LLC
Umar Nurmagomedov during UFC Fight Night at the Etihad Arena in 2021. Photo by Jeff Bottari/Zuffa LLC
Umar Nurmagomedov during UFC Fight Night at the Etihad Arena in 2021. Photo by Jeff Bottari/Zuffa LLC

Umar Nurmagomedov: Beating Cory Sandhagen in Abu Dhabi moves me closer to UFC title shot


Amith Passela
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Having gone undefeated in 17 mixed martial arts appearances, including the last five fights in the UFC, Umar Nurmagomedov exudes confidence as he prepares for his next challenge.

The Dagestani will take on No 2-ranked Cory Sandhagen on the main card of UFC Fight Night at the Etihad Arena in Abu Dhabi on August 3.

The stakes are high for both with the winner of this contest likely to earn a shot at the UFC bantamweight title.

“I have been waiting for this moment my whole life and I’m ready to take on anyone in any challenge. I want to win this fight and win the belt,” Nurmagomedov told The National in a Zoom interview.

“A win here will take me closer as the No 1 contender for the bantamweight title.”

To achieve that, Nurmagomedov must defeat an opponent who has seven knockouts in his 17 victories in MMA and rides a three-fight win streak.

“I think in my division there are a lot of tough guys and he [Sandhagen] is one of them,” Nurmagomedov said of his American opponent.

“For me, I think it’s going to be the same as how I fight always. I will try to take him down, choke him, but I don't care. Even if I can strike him, doesn't matter. I will take him on as I have always done – as another opponent.”

Nurmagomedov, 28, has two knockouts and seven submissions in his 17-fight undefeated record. He says training has gone well, though he admits to holding a little back as to be at optimal level come August 3.

“I haven’t pushed myself a lot because when you're training, like on maximum, sometimes you can break. There is enough time and I’ll reach peak when I get into the octagon,” he said.

“I’m always training and it doesn't matter whether I face Cory or someone else, but I’m training all year. You never know, injuries may happen and I may have to take on a different opponent. So, I’m always prepared to take on anyone.”

Nurmagomedov trains at the Abdulmanap Nurmagomedov School (named after his more illustrious cousin Khabib Nurmagomedov’s late father) in Makhachkala and is now in Dubai to continue his preparation.

Sheikh Hamdan [bin Mohammed, Crown Prince of Dubai] has provided all the training facilities in Dubai for me to continue with my preparation. I’m really thankful for the support Dubai has provided,” he said.

Nurmagomedov knows what it is like to have his hand raised in victory in Abu Dhabi having secured a TKO win over Sergey Morozov in January 2021.

He will be cornered by cousin Khabib and can expect a huge fan following inside the Etihad Arena when he takes on Sandhagen.

“It means I'm fighting with my people,” he said. “It's an honour for me to fight there and everyone will be there. My father, my uncles, brothers, friends and of course the support from the local fans. It surely would motivate me to put up a show.

“Khabib will be there too. He will be cornering. I think everything, what I have and where I am now, it's because of what he did. He became UFC champion and he showed us what we can do. We just follow him.”

Khabib has played a massive role in Umar's ascent in the UFC, along with his cousins Usman and Abubakar.

“I grappled a lot with Khabib, and before when he was preparing for his fights I was sparring with him too,” Nurmagomedov added.

“I now spar and grapple with him as part of my preparation. He continues to teach and guide me as we prepare for Cory. My cousins also join me and they are a big support for me.”

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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Updated: July 08, 2024, 3:05 AM