Ronda Rousey returns to the UFC Octagon on December 30, more than a year after he defeat to Holly Holm. Isaac Brekken / AP Photo
Ronda Rousey returns to the UFC Octagon on December 30, more than a year after he defeat to Holly Holm. Isaac Brekken / AP Photo
Ronda Rousey returns to the UFC Octagon on December 30, more than a year after he defeat to Holly Holm. Isaac Brekken / AP Photo
Ronda Rousey returns to the UFC Octagon on December 30, more than a year after he defeat to Holly Holm. Isaac Brekken / AP Photo

‘I’m wrapping it up’: UFC star Ronda Rousey reveals fight career is nearing the end – video


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Mixed martial arts superstar Ronda Rousey has said that next month’s comeback bout against Amanda Nunes will be one of her last fights.

Rousey, 29, returns to the octagon on December 30 in Las Vegas as the main event in UFC 207, her first bout since she was pummeled in an upset defeat by Holly Holm in 2015.

Confirmation of Rousey’s return after a protracted absence has created a huge buzz, with organisers predicting record pay per view buys.

However, Rousey, one of MMA’s biggest stars who has helped widen the sport’s growing global appeal, said on “The Ellen Show” that she is already eyeing her eventual retirement.

.@RondaRousey has a great reason why you should watch this fight. pic.twitter.com/20lu2fYBdW

“Not that long, I’m wrapping it up,” Rousey told host Ellen DeGeneres when asked how much longer she planned to fight.

“This is definitely one of my last fights. Everyone better watch, because the show isn’t going to be around forever.”

Rousey, a former Olympic judo medallist who has used her MMA fame to help launch a career in Hollywood, said the ever-increasing demands on her time had left her weary of the sport.

“The build-up is more tiring than anything else,” she said. “If we had a fight right now, I’d be like, ‘I’ll fight right now,’ and then I’d go get dinner and I wouldn’t really be tired about it,” Rousey said.

“It’s the weeks and weeks of build-up beforehand and you know you’re fighting this one person and it’s your showdown and the most important thing in your whole life and millions of people are watching.

“It’s that build-up for weeks on end. If it happened right now, I wouldn’t be nervous at all. It’s the waiting.”

Rousey’s rise through the ranks of MMA earned her comparisons to Mike Tyson’s emergence in boxing’s heavyweight division during the 1980s, with the fighter generating excitement after a string of whirlwind knockouts.

However, she was battered by Holm when the two met in Melbourne in November 2015 in what is seen as the biggest upset in UFC history.

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EA Sports FC 25

Pad Man

Dir: R Balki

Starring: Akshay Kumar, Sonam Kapoor, Radhika Apte

Three-and-a-half stars

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Day 2, stumps

Pakistan 482

Australia 30/0 (13 ov)

Australia trail by 452 runs with 10 wickets remaining in the innings

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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THE SPECS

Engine: 4.4-litre V8

Transmission: eight-speed automatic

Power: 523hp

Torque: 750Nm

Price: Dh469,000