Former world No 1 Rory McIlroy has pleasant memories of playing in Dubai. Getty Images
Former world No 1 Rory McIlroy has pleasant memories of playing in Dubai. Getty Images
Former world No 1 Rory McIlroy has pleasant memories of playing in Dubai. Getty Images
Former world No 1 Rory McIlroy has pleasant memories of playing in Dubai. Getty Images

Rory McIlroy determined to revive 'B-minus' season at DP World Tour Championship


John McAuley
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After, by his own admission, letting a tournament slip through his fingers in Dubai earlier this year, Rory McIlroy is keen to make amends upon his return to the emirate this week.

Dubai remains a special place for the Northern Irishman. At different points, it has provided a home or a regular training base. The launchpad, too, to a four-time major winner’s career, supplying the scene of his first professional victory, at the Dubai Desert Classic in 2009.

This past January, McIlroy went close to capturing the trophy for a third time – he triumphed in 2015 as well – but spurned a two-shot lead with eight holes to play on Sunday to eventually lose to China's Li Haotong​​​​​​.

Now back for this week’s DP World Tour Championship, the European Tour's season finale in which he has won twice already, McIlroy is seeking to round off a “B-minus” season on a positive note.

“Dubai has been a great place for me over the years,” he said on Tuesday. “It's basically where I launched my career. Had my first win here. I was a resident in the UAE for four years, so I have a lot of history and a lot of great memories here. So it's good to be back, especially after missing this tournament [through injury] last year.

"I played earlier in the year at the Desert Classic and feel like I let one slip away there. So I guess it would be nice to get one win in Dubai this year and end the year on a high.”

For most, McIlroy's 2018 would represent more than a decent campaign. He has 10 top 10s, finished second in the British Open and played in the final group at the US Masters. In fact, he formed part of Sunday final pairings six times this season, but as of yet has a solitary victory to show for it, at the Arnold Palmer Invitational at Bay Hill in March.

So a B-minus it is, then. Although, lifting a third trophy at Jumeirah Golf Estates would just about improve that overall grade.

“I don't know. I'd maybe give it a B-minus, and a win this week would get it up to a B,” said McIlroy, a former world No 1 who sits seventh in the standings. “From where I started 2018 to where I finish, it is a step in the right direction.

"Coming off an injury last year I missed this tournament. I was rehabbing. I dropped outside the top 10 in the world.

"I have got myself back inside there and I’ve spent most of the year inside the top five in the world, and it’s just a journey back to where I want to be, which is at the top of the game. So, it’s step in the right direction.

"There were a couple of missteps along the way, but then a good off-season – I am working on a few things – and hopefully I can rectify that next year.”

Primarily, getting over the line when in place to win.

Thankfully, McIlroy has been in that position plenty on the Earth Course. In 2012, he birdied the final five holes, memorably, to win the tournament and confirm the Race to Dubai title, while three years later he went head-to-head down the stretch with Andy Sullivan, coming out on top thanks in large part to an incredible bogey-save on the penultimate green.

“Two great memories," McIlroy said. "Hopefully I can create some more this week."

For that, McIlroy understands he needs to drive the ball well, normally his greatest weapon. His campaign has been blighted somewhat by his struggles off the tee, and so he has a new driver in the bag this week to help his quest for silverware.

It worked well in Sun City last week en route to a tied-21st, he said, and in Tuesday’s Pro-Am, so that offers some encouragement for Thursday’s big tee-off.

“The driver is a huge club around here,” McIlroy said. “And if you hit it pretty accurately, you're going to have a big advantage over the rest of the field.”

And then, come Sunday, 2018 is gone and the focus shifts to 2019, aside from two weddings to attend next month. In a departure from his typical schedule, McIlroy will miss January's events at the Abu Dhabi HSBC Championship presented by EGA and then in Dubai; in actuality, after the DP World Tour Championship, he will play once in 13 weeks.

In 2017 Jon Rahm, left, won the 2017 DP World Tour Championship while Tommy Fleetwood, right, was crowned the Race to Dubai winner. Getty Images
In 2017 Jon Rahm, left, won the 2017 DP World Tour Championship while Tommy Fleetwood, right, was crowned the Race to Dubai winner. Getty Images

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Read more:

Tommy Fleetwood aims to hunt down friend Francesco Molinari to retain Race to Dubai crown

Rafa Cabrera Bello targets more success in Dubai at the DP World Tour Championship

Race to Dubai: All you need to know about 2018 DP World Tour Championship

R2D top 5: Justin Rose back in contention after Turkish Airlines Open win

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“The way the schedule has worked for next year, it is going to be different for a lot of guys," McIlroy said, in reference to the revised calendar highlighted by the US PGA Championship’s bump up to May and the BMW PGA Championship, the European Tour’s flagship event, being pushed back to September.

“Everything is going to be so condensed between March and August, and that’s why I'm taking a big off-season to get myself ready, to have that break to then go at it hard from March all the way through to basically the end of the season."

Asked if that means remaining a member of both the European and PGA Tour - a regulation implemented this year states failure to retain membership (minimum four regular European Tour events) prevents a player from being Ryder Cup captain in future - McIlroy added: "I don't know. Right now I've got two events on my schedule in Europe and I don't have to commit to that until next year.

"I'm starting my year off in the States [Tournament of Champions] and that will be the big focus of mine up until the end of August and then we will assess from there.

“I guess my thing is that I want to play against the strongest fields week-in and week-out, and for the most part of the season that is in America. If I want to continue to contend in the majors, and to continue my journey back towards the top of the game, then that’s what I want to do.

“But yep, right now that is all sort of up in the air."

3%20Body%20Problem
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It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Our Time Has Come
Alyssa Ayres, Oxford University Press

SPECS
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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)

Last five meetings

2013: South Korea 0-2 Brazil

2002: South Korea 2-3 Brazil

1999: South Korea 1-0 Brazil

1997: South Korea 1-2 Brazil

1995: South Korea 0-1 Brazil

Note: All friendlies

Key developments

All times UTC 4

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

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

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.”

Director: Romany Saad
Starring: Mirfat Amin, Boumi Fouad and Tariq Al Ibyari

RESULT

Bournemouth 0 Southampton 3 (Djenepo (37', Redmond 45' 1, 59')

Man of the match Nathan Redmond (Southampton)