Great Britain’s Saskia Clark and Hannah Mills pack up after winning the women’s 470 Class of the ISAF Sailing World Cupin Abu Dhabi. Jeffrey E Biteng / The National
Great Britain’s Saskia Clark and Hannah Mills pack up after winning the women’s 470 Class of the ISAF Sailing World Cupin Abu Dhabi. Jeffrey E Biteng / The National
Great Britain’s Saskia Clark and Hannah Mills pack up after winning the women’s 470 Class of the ISAF Sailing World Cupin Abu Dhabi. Jeffrey E Biteng / The National
Great Britain’s Saskia Clark and Hannah Mills pack up after winning the women’s 470 Class of the ISAF Sailing World Cupin Abu Dhabi. Jeffrey E Biteng / The National

Mills is on the crest of a wave


Amith Passela
  • English
  • Arabic

ABU DHABI // A family holiday to the picturesque county of Cornwall on England’s south-west tip changed the life of Hannah Mills forever.

It was there she discovered her love of sailing age eight. “I loved to do sports when I was young,” she says. “We were on a family holiday and went sailing. I just loved it. And there, you can say, life began to change for me.

“After the family holidays I spoke to my parents and said that I would love to just carry on with sailing. Thereafter I started racing, and then went through the British system of junior and youth sailing. Since then, it has been an amazing journey for me.”

And what a journey it has been. Among Mills’s many achievements in the sport, the Briton is a world champion and an Olympic silver medallist. She hopes to go one better at the Games in Rio de Janeiro next year.

Born in Cardiff, Wales, on February 29, Mills was voted the UK Young Sailor of the Year and the BBC Wales Young Sports Personality of the Year in 2002.

Her success, like most athletes to who taste it, was achieved through hard work and no small amount of sacrifice. In pursuit of her Olympic dream, which resulted in a silver medal in the women’s 470 at the London 2012 Games, Mills had to put her studies on hold, an impasse that still exists to this day, although she says she has no regrets.

“I deferred my third-year studies from university to go full time sailing to try and qualify for the 2012 London Olympics, which I did,” she said. “I tried to go back to the university, but having won the silver medal I just haven’t been able to get back. And now I’m not sure if I ever will.”

In September, Mills, 27, along with her crew Saskia Clark, 36, who paired with her to win silver at London 2012, were selected to represent the British sailing team at the Rio Games next year. They hope to go one better than London and be standing on the top step of the podium next summer.

“We are desperate to try and win gold at Rio. Obviously it’s not going to be easy for anyone. We will prepare as best we can to win,” said Mills, who first teamed up with Clark in 2011.

As part of their preparation for the Olympics in 10 months’ time, the pair have already made five trips to the Brazilian city and will travel for the Olympic test event in the summer. Their busy schedule will also see them travel to Rio in December and January, as well as take part in a world championship event at Buenos Aires in Argentina in February.

Mills spent just 18 months with Clark before the London Olympics. For Rio, they will have been in training together for five-and-a-half years.

“We know each other better,” Mills said. “And before London, it was just a rush to get selected and to get ready for the Olympics. You had to get ready really fast. Now we have had more time and that makes a big difference. We made the partnership stronger.

“We have had a great 2015 season. We came second at the world championships a couple of weeks ago. We were a bit disappointed not to win, but yes, we are moving in the right direction.”

Clark is the senior pro and Rio will be her third Olympic Games after Beijing 2008 and London 2012. Before teaming with Mills to win Olympic silver in London the pair won the 470 World Championships in Barcelona and have since added a bronze in Santander (2014) and silver in Haifa (2015), both times finishing behind the Austrian pair of Lara Vadlau and Jolanta Ogar.

Clark said: “When we first got together, Han was an up-and-coming young star of sailing. I had the experience of an Olympics already and I could really offer her a helping hand.

“The Olympics is different to any other events we do during a calendar season. The help, perhaps, may have been valuable to her. She has progressed and I guess she’s still growing up.

“We have changed the styles and the responsibilities to get our strengths to a new level and covering our weaknesses. At this point of time we are a much stronger team than we were at the London Games.”

Mills and Clark have been in Abu Dhabi for the first time to take part in the 2015 ISAF Sailing World Cup Final along the Corniche Breakwater, winning the women’s 470 Class ahead of Vadlau and Ogar yesterday. Sailing in the capital had left quite an impression on Mills.

“It’s really good racing here,” she said. “We had great breeze, obviously hot and sunny as always it seems, and close racing in the fleet.

“We have already had a great time in our first visit to Abu Dhabi. The weather has been amazing and the place is really, really cool. The city has so much to offer and we’ll try to do as much as we can.”

apassela@thenational.ae

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Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

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Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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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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Results

6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m 

Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer) 

6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m 

Winner: Island Falcon, Frankie Dettori, Saeed bin Suroor 

7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
1,400m 

Winner: Rawy, Mickael Barzalona, Salem bin Ghadayer 

7.45pm: Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m 

Winner: Desert Fire, Hector Crouch, Saeed bin Suroor 

8.20pm: Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m 

Winner: Naval Crown, William Buick, Charlie Appleby 

8.55pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m 

Winner: Al Tariq, Pat Dobbs, Doug Watsons 

9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m 

Winner: Dubai Icon, Patrick Cosgrave, Saeed bin Suroor  

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How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less