Freshly minted UFC champion Mackenzie Dern named Zhang Weili or Tatiana Suarez as the opponents she would like to fight next.
Dern, 32, realised a lifelong dream last Saturday when she took a unanimous decision over Virna Jandiroba in the co-main event at UFC 321 in Abu Dhabi to claim the vacant women's strawweight title.
The title was up for grabs after being vacated by Weili, with the Chinese stepping up a weight class. She takes on Kyrgyz flyweight champion Valentino Shevchenko at UFC 322 in New York next month.
“I’m not gonna be like a baby champion,” Dern told the Ariel Helwani Show.
“I want whatever they [the UFC] want us to do – we’ll be ready, and we’ll train for that. I wanna beat the best. I am the best right now, but I wanna be able to beat whoever is coming.”
Weili certainly falls into "the best" category. Widely regarded as the finest 115-pounder of all time, the Chinese is a two-time champion in the strawweight division.
After dropping the title and suffering back-to-back losses to Rose Namajunas in 2021, Weili recaptured the belt in November 2022 with victory over Carla Esparza. She went on to defend the title three times, beating Amanda Lemos, Yan Xiaonan and Suarez before announcing her decision to move up to face Shevchenko.
Weili is tied for the most title wins in the division (six) and has a professional MMA record of 26 wins against three losses. She is the first Chinese champion in UFC history.
“I think Weili, even if she was to lose to Valentina, with her being the former champion, that makes sense," said Dern, whose victory over Jandiroba at UFC 321 was her 16th in 21 pro bouts.
Whether Weili is prepared to drop back down to strawweight is likely to depend on the outcome of her bout against Shevchenko.
Suarez's only defeat in 12 fights came at the hands of Weili. She got back in the win column last time out, taking a unanimous decision over Lemos.
"And then, Tatiana is coming off a win ... maybe if she had another fight, get her win streak up ... I think winning two fights would be good enough to fight for the title. That's what I did,” Dern added.
Dern also gave an injury update following her five-round slugfest with Jandiroba.
The Brazilians left everything in the octagon, duking it out for 25 grueling minutes. The ferocious exchanges left both women battered and bruised, with both sporting almost identical bruising around the eyes and face.
While Jandiroba scored several takedowns, that only seemed to serve Dern's cause. The former Abu Dhabi World Pro jiu-jitsu champion is comfortable fighting off her back, and showed why with vicious strikes at Jandiroba off her back that left her opponent wincing.
Dern said in her post-fight press conference that her right elbow was "blowing up" and wore sunglasses during the interview to hide the damage to her face.
“Yeah, it’s totally swollen, you know,” Dern said, holding up her right hand to her host. “It’s not the worst I’ve been, but my hand is super swollen … My elbow’s like killing me from all the elbows [to Jandiroba].
"But it's OK, some people get it way worse. I could have had my jaw broken, my nose broken [as she did during her first fight with Jandiroba in 2020]. All this [the bruising] is just superficial."
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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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Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
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