Tiger Woods far from vintage at US Masters but win making rest of golf quiver with excitement


John McAuley
  • English
  • Arabic

“As if he never went away,” Butch Harmon proclaimed late on Sunday, the one-time architect of arguably golf’s greatest player captivated in his current role as television analyst.

But that’s just it, he did go away. Some ways away, too.

From the sport’s summit, a space that once constituted his sole property. From winning regular golf tournaments, let alone major titles. From competing or even swinging a club, incapacitated by personal shame, the subsequent and debilitating fall from grace, the numerous back surgeries.

Not long ago, he confided to those close to him that he was done. On the eve of the 81st US Masters, he required a nerve block to take his place at the pre-tournament Champions Dinner.

But then Tiger Woods won the 83rd US Masters. He held off the reigning British Open champion and the winner of the past two US Opens, keeping his cool when those around them lost theirs in the mid-April Augustan angst. Incredibly, he captured a first major in nearly 11 years and a 15th overall.

Slipping into a fifth Green Jacket, Woods completed one of the greatest comebacks in all of sport. Hogan, Ali, Lauda, Seles and the like have company. Perhaps Tiger’s transcendent status, and the glare that induces in this celebrity-obsessed 21st century, elevates his achievement above all else. The debate will rage.

What is clear, though, is that after the sex scandal, the excruciating mea culpa, the public divorce, the loss of sponsors and his aura, the spinal surgeries and the times he lay stricken in front of his daughter unable to get to his feet, the 2017 police arrest and the mug-shot humiliation, the catharsis feels complete.

If the troubles humanised Woods, the turnaround only amplifies his appeal.

“It fits,” Woods beamed in green in Butler Cabin as Jim Nantz tempted the tears to provide a Hollywood script its Hollywood ending. Didn’t it just?

Twenty-two years on from the most dominant display Augusta National had witnessed, Woods was back again, not in that prime, but Masters champion all the same, the game’s latter-day lightning rod its darling once more. Outside, the typically contained Augusta gallery carolled his name.

Barack Obama offered his congratulations. Ditto Serena Williams, Kobe Bryant and Tom Brady. Contemporaries and competitors cheered golf’s latest champion, celebrating possibly golf’s most remarkable resurgence.

They had often lamented an inability to challenge Woods in his pomp. How they should be careful what they wish for.

Woods’ principal victory?

He beat into submission his opponents at Augusta in 1997 to seal a first major title, aged 21. He triumphed there again four years later to hold at once all four of the sport’s premier prizes, somehow remaining resolute as the "Tiger Slam" tension reached its crescendo. At the 2008 US Open, Woods emerged, barely, from a Monday play-off with arms clasping the trophy. He did so despite a double-stress fracture of the leg.

But Sunday’s success, the first major crown since Torrey Pines, must rank as his finest professional accomplishment to date. Woods overcame the doubt and the deterioration, forging forward on the foundation of recent close runs at the Open and the PGA Championship. On last September’s Tour Championship, as well, when he rose above the other 29 best players on that season’s PGA Tour to secure a first win in more than five years.

The first since the back issues took hold and the naysayers nestled.

Irrespective of a career spent pushing the boundaries, and the sheer bloody-mindedness that demanded, Woods had already conceded privately that he was spent. Anything else, he offered in public, would be “gravy”.

Yet following Sunday, he has now the appetite, and patently the aptitude, for more. Jack Nicklaus’ 18-major haul has returned to within view, no longer far beyond the horizon.

Next month, the PGA Championship sets in at Bethpage Black, the scene of Woods’ 2002 US Open victory. Four weeks later, the US Open returns to Pebble Beach, the devilish coastline course recognised for its contribution to the “Tiger Slam”.

Most probably previously convinced his major record was secure, on Sunday Nicklaus chirped of Woods: “He’s got me shaking in my boots.”

The rest of golf quivers with excitement.

Woods is back, from the brink and looming large again. Gripped by an undeniably compelling storyline, enchanted by his former pupil’s repertoire, execution, control and steel in his eye, Harmon declared that those at Augusta and the millions glued to screens worldwide were witnessing “vintage Tiger”.

At 43, he is some way from that – no one will likely ever match his early-millennium mastery – and the game today traverses a different landscape. But, reinstated as a major winner, Woods gleams with a rekindled spirit.

So, too, does golf.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%203S%20Money%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20London%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ivan%20Zhiznevsky%2C%20Eugene%20Dugaev%20and%20Andrei%20Dikouchine%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%245.6%20million%20raised%20in%20total%3C%2Fp%3E%0A

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.”

FIXTURES

Thu Mar 15 – West Indies v Afghanistan, UAE v Scotland
Fri Mar 16 – Ireland v Zimbabwe
Sun Mar 18 – Ireland v Scotland
Mon Mar 19 – West Indies v Zimbabwe
Tue Mar 20 – UAE v Afghanistan
Wed Mar 21 – West Indies v Scotland
Thu Mar 22 – UAE v Zimbabwe
Fri Mar 23 – Ireland v Afghanistan

The top two teams qualify for the World Cup

Classification matches 
The top-placed side out of Papua New Guinea, Hong Kong or Nepal will be granted one-day international status. UAE and Scotland have already won ODI status, having qualified for the Super Six.

Thu Mar 15 – Netherlands v Hong Kong, PNG v Nepal
Sat Mar 17 – 7th-8th place playoff, 9th-10th place play-off

Awar Qalb

Director: Jamal Salem

Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman

Two stars

Results

4pm: Al Bastakiya – Listed (TB) $150,000 (Dirt) 1,900m; Winner: Panadol, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer)

4.35pm: Dubai City Of Gold – Group 2 (TB) $228,000 (Turf) 2,410m; Winner: Walton Street, William Buick, Charlie Appleby

5.10pm: Mahab Al Shimaal – Group 3 (TB) $228,000 (D) 1,200m; Winner: Canvassed, Pat Dobbs, Doug Watson

5.45pm: Burj Nahaar – Group 3 (TB) $228,000 (D) 1,600m; Winner: Midnight Sands, Pat Dobbs, Doug Watson

6.20pm: Jebel Hatta – Group 1 (TB) $260,000 (T) 1,800m; Winner: Lord Glitters, Daniel Tudhope, David O’Meara

6.55pm: Al Maktoum Challenge Round-1 – Group 1 (TB) $390,000 (D) 2,000m; Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass

7.30pm: Nad Al Sheba – Group 3 (TB) $228,000 (T) 1,200m; Winner: Final Song, Frankie Dettori, Saeed bin Suroor