When veteran American Shannon Briggs fights David Haye in September, he will cap a remarkable recovery from a time in which he contemplated suicide.
It will have been almost 10 years to the night he last won a world title, and six since he last fought an opponent of such class.
More importantly to the heavyweight, however, it will represent his return from a time he thought his life and career was over.
He received such a sickening 12-round beating from then-WBC champion Vitali Klitschko in 2010 it was felt he should never fight again. The referee that night, Ian John-Lewis, is still criticised for not ending the brave Briggs’ misery.
• David Haye lines up 'a bit old, but he can fight a bit' Shannon Briggs after disposing of Arnold Gjergjaj
Yet after a three-and-a-half-year layoff in which he considered “jumping off a bridge” and depression led to him weighing 400lbs, he has fought nine times since April 2014 and against Haye will receive the lucrative chance the world’s other leading heavyweights have denied him.
“I’m 44 years old, a lot of people wrote me off,” said Briggs, whose lengthy and very public pursuit of fights with Wladimir Klitschko and WBC champion Deontay Wilder were snubbed until he was entertained by Haye.
“I called everybody in the business, I called (influential boxing adviser) Al Haymon, they told me to ‘Hold on’: I’m still on hold.
“They turned me down, they told me ‘No’, they didn’t believe in me. Here I am today, thousands of fans are saying ‘Let’s go, champ’: that mantra started with me, after my fight with Vitali Klitschko.
“I suffered a broken arm in the first round, tore tendons and ligaments, but fought him for 10 rounds with one arm, and I didn’t even get a dime for it.
“I was down and out, I was depressed, I was really feeling bad about myself, I contemplated jumping off a bridge a few times, and then I had my daughter - she’s four years old now - and it was looking into her eyes, her beautiful face, it told me I had to live, I had to come back and make something of myself and my baby girl. It’s an unbelievable feeling.
“I was really going through a lot of things, my mum died on my birthday, my dad died in prison, I had a rough life growing up, I wasn’t able to get an education. I was homeless since I was 13 years old.
“I truly, truly (had) depression, to the deep core. I was 400lbs in weight: it was to a point where I was so fat I couldn’t even tie my shoes. That was about four or five years ago, after the Klitschko fight.”
There is little question Haye, who on Saturday stopped Arnold Gjergjaj in two rounds in the second fight of a comeback that began in January after a three-and-a-half year absence of his own, considers Briggs a straightforward opponent who appeals to the casual fight fan and provides minimal threat to his hopes of challenging Anthony Joshua.
Lennox Lewis had spoken in the week of his belief his bigger frame - Haye’s 16st is around a stone heavier than he was at his peak - undermines the speed that was such an asset. As was felt when defeating Mark de Mori in January, Briggs believes that speed was absent and that he saw a fighter in decline.
“I didn’t see any speed, I just see a guy - he’s not like the old David Haye - which I was never impressed with,” said the American, from Brooklyn, New York.
“I believe [Haye was a better fighter before his comeback). He’s had two fights; I had eight (nine after beating Argentina’s Emilio Ezequiel Zarate on the Haye-Gjergjaj undercard]. I believe it takes time to shake off the rust.”
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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
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
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Men's football draw
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
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Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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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The biog
Prefers vegetables and fish to meat and would choose salad over pizza
Walks daily as part of regular exercise routine
France is her favourite country to visit
Has written books and manuals on women’s education, first aid and health for the family
Family: Husband, three sons and a daughter
Fathiya Nadhari's instructions to her children was to give back to the country
The children worked as young volunteers in social, education and health campaigns
Her motto is to never stop working for the country
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5