Richard Hughes rides Sky Lantern, grey horse, to victory ahead of Kenhope and Just The Judge in the Coronation Stakes during Day 4 of Royal Ascot yesterday.
Richard Hughes rides Sky Lantern, grey horse, to victory ahead of Kenhope and Just The Judge in the Coronation Stakes during Day 4 of Royal Ascot yesterday.

Royal Ascot: Sprinters take centre stage



Ascot, England // The form of horses who ran at the Dubai World Cup this year has taken a knock at Royal Ascot but the Group 1 Diamond Jubilee Stakes this afternoon provides a final opportunity for the sprinters who ran on the same card to sign off the five days with a flourish.

Krypton Factor ran third to Reynaldothewizard in the Dubai Golden Shaheen at Meydan Racecourse on World Cup night in March, after winning the same race in 2012, and flies the flag for the six-furlong sprint over the same distance here.

Gordon Lord Byron was seventh in the $US2 million (Dh7.3m) sprint and will join Krypton Factor in the line-up.

The subject of what a run at Meydan Racecourse on World Cup night is worth to the career of an international campaigner has been much discussed since Animal Kingdom failed in spectacular fashion in the Queen Anne Stakes on Tuesday.

The horses that followed him home in the $10m Dubai World Cup event also struggled to perform.

Red Cadeaux was the runner-up at Meydan and having collected over Dh1m on his return home via races in Japan and Singapore, he could finish only ninth of 11 behind Al Kazeem in the Prince Of Wales's Stakes on Wednesday.

Side Glance, who was fourth in Dubai, beat Red Cadeaux home to finish seventh.

Both the World Cup and the Golden Shaheen are raced on a Tapeta surface. Meydan's turf races, however, have so far stood up to scrutiny.

Shea Shea and Sole Power fought out a brutal final furlong with the Hong Kong raiders Joy And Fun and Eagle Regiment in the Al Quoz sprint. Sole Power got the better of Shea Shea when the two runners were split across the track in the King's Stand Stakes on Tuesday.

Krypton Factor had no problems translating his form to Ascot's rain-affected turf 12 months ago when running a huge race in the Diamond Jubilee to finish a close sixth to Black Caviar.

In front of him that day were Godolphin's Soul, in fourth, and Society Rock, in fifth.

Both are set to run today.

Krypton Factor's connections hope for an improved finish in the Diamond Jubilee. "He wasn't beaten far last year and the ground is more in his favour this time around," Oliver St Lawrence, the racing manager to owner and trainer Fawzi Nass, said. "He arrived in England in May after having a break in Dubai.

"He had foot problems throughout the Carnival that were holding him up but the bruising has gone and he has had no such problems since he arrived in England. He's stripped a lot fitter since he got here."

Representing Meydan turf form is Dandy Boy, the seemingly perennial Dubai World Cup Carnival runner.

Dandy Boy has run at the last three Carnivals but his most recent try was a disappointing ninth to Shea Shea in the Meydan Sprint in March. The seven-year-old Irish challenger then was 10th to Hitchens, another Carnival candidate, in a prep race for today at the Curragh in May.

Dandy Boy won the Wokingham Stakes on the same card as Black Caviar last year and beat the Australian mare's time over the same course and distance.

Understandably, the step up in class has been the target since Dandy Boy defeated 27 others 12 months ago.

"I wasn't disappointed with his last run. He had no luck in running and didn't run too badly," said David Marnane, the trainer. "He loves Ascot, he's two from three there, and we're looking forward to it."

Sky Lantern proved she is the exceptional filly of her European year group with a scintillating victory under Richard Hughes in the Group 1 Coronation Stakes yesterday.

Sky Lantern was drawn 16th of 17 runners and Hughes took the brave decision to drop out the grey filly.

As the field swept into the straight, Hughes pressed the accelerator and Sky Lantern motored home past most of her rivals and pulled clear of Kenhope, the French raider. Just The Judge, who she beat in the 1,000 Guineas at Newmarket in May, was third.

Sky Lantern is pencilled in for the Group 1 Falmouth Stakes at Newmarket next month, although Richard Hannon, the filly's trainer, is considering the surprising step of running the winner in the Prix l'Arc de Triomphe in October over four furlongs farther.

Dr Amal Khalid Alias revealed a recent case of a woman with daughters, who specifically wanted a boy.

A semen analysis of the father showed abnormal sperm so the couple required IVF.

Out of 21 eggs collected, six were unused leaving 15 suitable for IVF.

A specific procedure was used, called intracytoplasmic sperm injection where a single sperm cell is inserted into the egg.

On day three of the process, 14 embryos were biopsied for gender selection.

The next day, a pre-implantation genetic report revealed four normal male embryos, three female and seven abnormal samples.

Day five of the treatment saw two male embryos transferred to the patient.

The woman recorded a positive pregnancy test two weeks later. 

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
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RESULTS

5pm: Wathba Stallions Cup – Maiden (PA) Dh70,000 (Dirt) 1,400m
Winner: Yas Xmnsor, Sean Kirrane (jockey), Khalifa Al Neyadi (trainer)

5.30pm: Falaj Hazza – Handicap (PA) Dh70,000 (D) 1,600m
Winner: Arim W’Rsan, Dane O’Neill, Jaci Wickham

6pm: Al Basrah – Maiden (PA) Dh70,000 (D) 1,800m
Winner: Kalifano De Ghazal, Abdul Aziz Al Balushi, Helal Al Alawi

6.30pm: Oud Al Touba – Handicap (PA) Dh70,000 (D) 1,800m
Winner: Pharitz Oubai, Sean Kirrane, Ibrahim Al Hadhrami

7pm: Sieh bin Amaar – Conditions (PA) Dh80,000 (D) 1,800m
Winner: Oxord, Richard Mullen, Abdalla Al Hammadi

7.30pm: Jebel Hafeet – Conditions (PA) Dh85,000 (D) 2,000m
Winner: AF Ramz, Sean Kirrane, Khalifa Al Neyadi

8pm: Al Saad – Handicap (TB) Dh70,000 (D) 2,000m
Winner: Sea Skimmer, Gabriele Malune, Kareem Ramadan

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

RESULTS

5pm: Maiden (PA) Dh80,000 1,200m
Winner: Shafaf, Sam Hitchcott (jockey), Ahmed Al Mehairbi (trainer)
5,30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,200m
Winner: Noof KB, Tadhg O’Shea, Ernst Oertel
6pm: The President’s Cup Listed (TB) Dh380,000 1,400m
Winner: Taamol, Jim Crowley, Ali Rashid Al Raihe
6.30pm: The President’s Cup Group One (PA) Dh2,500,000 2,200m
Winner: Rmmas, Tadhg O’Shea, Jean de Roualle
7pm: Arabian Triple Crown Listed (PA) Dh230,000 1,600m
Winner: Ihtesham, Szczepan Mazur, Ibrahim Al Hadhrami
7.30pm: Handicap (PA) Dh80,000 1,400m
Winner: AF Mekhbat, Antonio Fresu, Ernst Oertel

'Shakuntala Devi'

Starring: Vidya Balan, Sanya Malhotra

Director: Anu Menon

Rating: Three out of five stars

The specs

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Power: 400hp

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Transmission: 9-speed automatic

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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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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