Pablo Larrazabal of Spain reacts on the fourth tee during the final round of the Abu Dhabi HSBC Championship. Scott Halleran / Getty Images
Pablo Larrazabal of Spain reacts on the fourth tee during the final round of the Abu Dhabi HSBC Championship. Scott Halleran / Getty Images
Pablo Larrazabal of Spain reacts on the fourth tee during the final round of the Abu Dhabi HSBC Championship. Scott Halleran / Getty Images
Pablo Larrazabal of Spain reacts on the fourth tee during the final round of the Abu Dhabi HSBC Championship. Scott Halleran / Getty Images

Fleetwood’s win and Larrazabal’s miss – Abu Dhabi HSBC Championship in numbers


Paul Radley
  • English
  • Arabic

ABU DHABI // Tommy Fleetwood celebrated the second European Tour title of his career as his lifted the Falcon Trophy after winning the Abu Dhabi HSBC Championship.

The 26-year-old Englishman climbed ahead of a packed field of contenders after shooting 31 over the back nine of the last round, on a storied final afternoon at the National Course.

7 An Byeong-hun was tied for second, on the charge with three birdies in the previous five holes when he arrived at the par-3 12th. Then he dunked his tee shot in the water. And his next shot, from the drop zone, too. He left with a quadruple-bogey seven, and his hopes ruined.

9 A bogey at the 177-yard 15th was a rare blemish on the card of Pablo Larrazabal. Across the four rounds, the Spaniard played the par-3s in a combined total of nine-under-par. That was a healthy contribution to the 2014 winner's eventual tally of 16-under and a tie for second.

21 A full 21 players started the final round within four strokes of then leader Tyrrell Hatton – a tournament record. The bunched field did not exactly thin out massively thereafter, either. There were 10 players within four shots of the champion Fleetwood's eventual tally of 17-under.

33.45 There were just 33 hours and 45 minutes between Dean Burmester landing in Abu Dhabi, at 3am on Wednesday, and him teeing off at 12.45pm on Thursday. The South African only secured a visa for travel on Tuesday, having qualified via a fourth-place finish at the South African Open last week. Yet he still finished seventh in Abu Dhabi.

53 The National Course bared its teeth in Round 4, thanks mainly to a blustery wind. The players shot a combined total of 31-over par for the front nine. At least the 18th let its guard down. There were no bogeys, and just 25 pars, as the 73 players played the hole in an aggregate of 53-under for the day.

1,247 The number of days between Fleetwood's first and second wins on the European Tour. Or, put another way, three and a half years between claiming the Johnnie Walker Championship at Gleneagles and the Falcon Trophy in Abu Dhabi.

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Also from Abu Dhabi HSBC Championship

■ Fleetwood: Englishman 'proud' of clinching title on sixth attempt

■ Johnson: American wants to come back and win title next year

■ Stenson: Swede pleased even as title eludes him for 12th time

■ Gallery: Relive final-round action at National Course on Sunday

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pradley@thenational.ae

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Abu Dhabi GP schedule

Friday: First practice - 1pm; Second practice - 5pm

Saturday: Final practice - 2pm; Qualifying - 5pm

Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm

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What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

The biog

Full name: Aisha Abdulqader Saeed

Age: 34

Emirate: Dubai

Favourite quote: "No one has ever become poor by giving"

Match info

Uefa Champions League Group B

Tottenham Hotspur 1 (Eriksen 80')
Inter Milan 0

Defending champions

World Series: South Africa
Women’s World Series: Australia
Gulf Men’s League: Dubai Exiles
Gulf Men’s Social: Mediclinic Barrelhouse Warriors
Gulf Vets: Jebel Ali Dragons Veterans
Gulf Women: Dubai Sports City Eagles
Gulf Under 19: British School Al Khubairat
Gulf Under 19 Girls: Dubai Exiles
UAE National Schools: Al Safa School
International Invitational: Speranza 22
International Vets: Joining Jack

Terminal High Altitude Area Defense (THAAD)

What is THAAD?

It is considered to be the US' most superior missile defence system.

Production:

It was first created in 2008.

Speed:

THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.

Abilities:

THAAD is designed to take out projectiles, namely ballistic missiles, as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".

Purpose:

To protect high-value strategic sites, such as airfields or population centres.

Range:

THAAD can target projectiles both inside and outside of the Earth's atmosphere, at an altitude of 93 miles above the Earth's surface.

Creators:

Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.

UAE and THAAD:

In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then deployed them in 2016, becoming the first Gulf country to do so.

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.”

COMPANY%20PROFILE
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UAE currency: the story behind the money in your pockets
Match info

What: Fifa Club World Cup play-off
Who: Al Ain v Team Wellington
Where: Hazza bin Zayed Stadium, Al Ain
When: Wednesday, kick off 7.30pm