Delegator, left, ridden by Frankie Dettori, proved he could tackle 1,200m by winning the Duke of York Stakes in May.
Delegator, left, ridden by Frankie Dettori, proved he could tackle 1,200m by winning the Duke of York Stakes in May.

Frankie Dettori is hungrier than ever



Trying to lose weight is most people's idea of hell, but for a jockey it is doubly so.

For every kilogram they put on the effort to take it off requires a brutal regime. For Frankie Dettori, however, who has just enjoyed an enforced holiday ahead of Saturday's July Cup, the 3kg he put on was well worth it.

Dettori received a 10-day ban at the beginning of June for dropping his hands on Blue Bunting in the English Oaks. He received another nine days on the sidelines for hitting Rewilding too often when bursting the bubble of So You Think at Royal Ascot.

It has allowed him to take a much-needed mid-season break to spend time with his wife, Catherine, and his five children just when most jockeys are flat to the boards in the high summer of the British turf season.

"I've been doing a lot of eating and sunbathing," Dettori said. "I've done a lot of holidaying and spent time with the kids. I came back to work last Saturday ready to go and I've been in this job so long I know how to get ready."

Dettori's customary dismount was on show on his first day back from suspension yesterday when he partnered Gamilati to victory at Newmarket, but that was simply the amuse bouche because the main course is most definitely today. His main mission is to get Delegator across the line before his 15 other rivals.

The July Cup has been sponsored for 16 years by Darley, the breeding operation of Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai. And yet, despite this involvement, Godolphin never have won the 1,200m contest.

In that time they have sent 15 runners to post and the best the Dubai-based operation have achieved is second. Last year, they did not have a runner at all.

This glaring omission for a team who pride themselves on securing the most prestigious races globally is significant. Jokes aside about the July Course being too easy for the Newmarket team to access, the July Cup has produced 25 champion European sprinters in the 34 years that the World Thoroughbred Racehorse Rankings have existed.

It is a race that has proved beyond all the best Australian-trained challengers, with the likes of Scenic Blast, Takeover Target and even the mighty Choisir, all of whom won at Royal Ascot, failing to take home the third British leg of the Global Sprint challenge.

Dettori believes the July Festival to be one of the highlights of his year, and his 23 per cent strike-rate at the course in the past five years is testament to his skill over the undulating track.

He will need all of it, too: Delegator has been drawn widest of all, in stall 17. He is a horse that likes to be covered up, and the extreme post position may make for a trip not to the liking of the five-year-old thoroughbred.

"I'm not too happy about the draw," said Dettori, 40. "If the field decided to race down the stands side then he will be on his own out there. He likes to have some cover and run through horses. He needs top of the ground. He has a devastating turn of foot and he can only use that weapon on firm ground."

If you look at Godolphin's Hall of Fame, precious few sprinters have taken up residence. So Factual won the Group 1 Nunthorpe Stakes in 1995, while Diktat won the Sprint Cup at Haydock in 1999 on his only try over a sprint distance. That was a different millennium.

Mozart was the last real miler who dropped down in distance to win this for Aidan O'Brien in 2001.

The Danehill colt finished second in the Irish 2,000 Guineas before making his name as a sprinter. But since then it has been the more natural speedballs that have called the tune.

Delegator proved he could tackle 1,200m when he won at his first attempt at the distance on his seasonal debut in the Duke of York Stakes in May.

At York he beat Regal Parade, a sprinter with two Group 1 wins to his name, and it is on the basis of that one run that many consider him to be favourite today.

Delegator has been off the track for 59 days since that performance. During his 14-race career four of his five victories have come off a break of at least 73 days. The colt clearly appreciates the rest. Much like his rider.

RACE CARD

5pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Turf) 2,200m
5.30pm: Khor Al Baghal – Conditions (PA) Dh80,000 (T) 1,600m
6pm: Khor Faridah – Handicap (PA) Dh80,000 (T) 1,600m
6.30pm: Abu Dhabi Fillies Classic – Prestige (PA) Dh110,000 (T) 1,400m
7pm: Abu Dhabi Colts Classic – Prestige (PA) Dh110,000 (T) 1,400m
7.30pm: Khor Laffam – Handicap (TB) Dh80,000 (T) 2,200m

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

Tu Jhoothi Main Makkaar

Director: Luv Ranjan

Stars: Ranbir Kapoor, Shraddha Kapoor, Anubhav Singh Bassi and Dimple Kapadia

Rating: 3/5

Scoreline:

Barcelona 2

Suarez 85', Messi 86'

Atletico Madrid 0

Red card: Diego Costa 28' (Atletico)

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

Euro 2020

Group A: Italy, Switzerland, Wales, Turkey 

Group B: Belgium, Russia, Denmark, Finland

Group C: Netherlands, Ukraine, Austria, 
Georgia/Kosovo/Belarus/North Macedonia

Group D: England, Croatia, Czech Republic, 
Scotland/Israel/Norway/Serbia

Group E: Spain, Poland, Sweden, 
N.Ireland/Bosnia/Slovakia/Ireland

Group F: Germany, France, Portugal, 
Iceland/Romania/Bulgaria/Hungary

Dengue fever symptoms

High fever (40°C/104°F)
Severe headache
Pain behind the eyes
Muscle and joint pains
Nausea
Vomiting
Swollen glands
Rash

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.”

UFC Fight Night 2

1am – Early prelims

2am – Prelims

4am-7am – Main card

7:30am-9am – press cons

The specs

Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 7-speed dual-clutch auto
Fuel consumption: 10.5L/100km
On sale: Now
Price: From Dh129,999 (VX Luxury); from Dh149,999 (VX Black Gold)

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

SQUADS

Bangladesh (from): Shadman Islam, Mominul Haque, Soumya Sarkar, Shakib Al Hasan (capt), Mahmudullah Riyad, Mohammad Mithun, Mushfiqur Rahim, Liton Das, Taijul Islam, Mosaddek Hossain, Nayeem Hasan, Mehedi Hasan, Taskin Ahmed, Ebadat Hossain, Abu Jayed

Afghanistan (from): Rashid Khan (capt), Ihsanullah Janat, Javid Ahmadi, Ibrahim Zadran, Rahmat Shah, Hashmatullah Shahidi, Asghar Afghan, Ikram Alikhil, Mohammad Nabi, Qais Ahmad, Sayed Ahmad Shirzad, Yamin Ahmadzai, Zahir Khan Pakteen, Afsar Zazai, Shapoor Zadran

EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries


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