The UAE Jiu-Jitsu Federation is set for a busy season, with many tournaments available to stream on FloSports. Courtesy UAEJJF
The UAE Jiu-Jitsu Federation is set for a busy season, with many tournaments available to stream on FloSports. Courtesy UAEJJF
The UAE Jiu-Jitsu Federation is set for a busy season, with many tournaments available to stream on FloSports. Courtesy UAEJJF
The UAE Jiu-Jitsu Federation is set for a busy season, with many tournaments available to stream on FloSports. Courtesy UAEJJF

Other Sport

UAEJJF expand jiu-jitsu reach after signing deal with digital streaming service

FloSports will offer subscribers to the FloGrappling channel the chance to watch jiu-jitsu tournaments organised in the UAE

Amith Passela
Amith Passela

October 06, 2019

  • English
  • Arabic

Jiu-jitsu fans can now watch live tournaments and stay on top of the latest updates of the martial arts sport after a partnership deal signed between the UAE Jiu-Jitsu Federation and FloSports.

FloSports – a provider of live digital sports and original content – will offer fans who subscribe to the FloGrappling channel the chance to watch jiu-jitsu tournaments organised by UAEJJF in the Emirates.

The UAEJJF will also be airing all jiu-jitsu league matches free on its website and the UAEJJF YouTube channel as part of its efforts to expand the sport's reach.

Mohammed Al Marzooqi, the UAEJJF’s director of marketing and finance, said the partnership was in line with the federation’s efforts to spread the sport's culture and values in the UAE and across the world.

“Fans will have year-round access to webcast content and live coverage,” he said.

“We are seeking to extend the jiu-jitsu family and inspire the next generation of jiu-jitsu athletes to learn the rules and the art of the sport via watching the brightest talent participating in the streamed tournaments.

“We are committed to applying best practices at all levels, including the use of technology in sport. This will enable the audience to enhance their knowledge of the values of jiu-jitsu and impact positively the wider community at large.”

The partnership with FloSports will provide full live and on-demand coverage of the Abu Dhabi World Professional Jiu-Jitsu Championship 2020, and offer fans the chance to catch the action live from other international championships in the lead-up to the event Al Ain, Dubai and Ras Al Khaimah.

All the action will be available at www.uaejjf.com through the federation's official YouTube channel or with a subscription at www.flograppling.com.

Viewers will be able to watch all the action on any device, by downloading the FloSports app on Roku, Amazon Fire TV, Apple TV, or App Store.

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Saturday Sevilla v Real Sociedad (4pm), Atletico Madrid v Athletic Bilbao (7.15pm), Granada v Barcelona (9.30pm), Osasuna v Real Madrid (midnight)

Sunday Levante v Eibar (4pm), Cadiz v Alaves (7.15pm), Elche v Getafe (9.30pm), Real Valladolid v Valencia (midnight)

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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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