• Novak Djokovic celebrates after beating Matteo Berrettini in the Wimbledon final at the All England Club on Sunday, July 11, 2021. Reuters
    Novak Djokovic celebrates after beating Matteo Berrettini in the Wimbledon final at the All England Club on Sunday, July 11, 2021. Reuters
  • Serbia's Novak Djokovic celebrates after sealing his 20th Grand Slam title. EPA
    Serbia's Novak Djokovic celebrates after sealing his 20th Grand Slam title. EPA
  • Novak Djokovic has now won Wimbledon six times. AFP
    Novak Djokovic has now won Wimbledon six times. AFP
  • Novak Djokovic celebrates winning match point against Matteo Berrettini of Italy. Getty
    Novak Djokovic celebrates winning match point against Matteo Berrettini of Italy. Getty
  • Novak Djokovic after sealing victory on Centre Court.
    Novak Djokovic after sealing victory on Centre Court.
  • Novak Djokovic at full stretch. Getty
    Novak Djokovic at full stretch. Getty
  • Matteo Berrettini celebrates winning a point during the final. Getty
    Matteo Berrettini celebrates winning a point during the final. Getty
  • Novak Djokovic plays an unorthodox return. AFP
    Novak Djokovic plays an unorthodox return. AFP
  • Matteo Berrettini plays a shot against Djokovic. PA
    Matteo Berrettini plays a shot against Djokovic. PA
  • Action on Centre Court during the final. PA
    Action on Centre Court during the final. PA
  • Novak Djokovic plays a forehand. Getty
    Novak Djokovic plays a forehand. Getty
  • Novak Djokovic celebrates during the third set. Getty
    Novak Djokovic celebrates during the third set. Getty
  • Matteo Berrettini plays a shot between his legs. PA
    Matteo Berrettini plays a shot between his legs. PA
  • Novak Djokovic plays a backhand. Getty
    Novak Djokovic plays a backhand. Getty
  • Novak Djokovic returns from an unlikely position. EPA
    Novak Djokovic returns from an unlikely position. EPA
  • Matteo Berrettini during the final. AP
    Matteo Berrettini during the final. AP
  • Novak Djokovic plays a drop shot. Getty
    Novak Djokovic plays a drop shot. Getty
  • Novak Djokovic during the match. EPA
    Novak Djokovic during the match. EPA
  • Novak Djokovic plays a shot on Centre Court. Getty
    Novak Djokovic plays a shot on Centre Court. Getty
  • Matteo Berrettini during the final. Reuters
    Matteo Berrettini during the final. Reuters

Novak Djokovic wins Wimbledon to equal Roger Federer and Rafael Nadal on 20 Grand Slams


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If it is commonly agreed that the toughest task in tennis is beating Rafael Nadal at the French Open, it might be time to revise that statement. How about: the toughest task in tennis is beating Novak Djokovic. At any tournament, on any surface, in any city.

Djokovic, the top seed and world No 1, continued his blitz through tennis' most important trinkets by successfully defending his Wimbledon title for a second successive year, defeating Italy's Matteo Berrettini 6-7, 6-4, 6-4, 6-3 in the final on Sunday.

The 34-year-old Serb now possesses the first three major trophies of the season with just the US Open to come, and this being an Olympic year, he has the opportunity to join German great Steffi Graf as the only other player to win the Golden Slam — all four majors and Olympic gold.

Djokovic's sixth Wimbledon title also brings him level with the record 20 Grand Slams held by Nadal and Roger Federer. Given the astonishing rate at which Djokovic is winning majors — after claiming his second Grand Slam at the 2011 Australian Open, he has won 19 from a possible 42 for a conversion rate of 45 per cent — it appears inevitable he will soon leave both of his great rivals firmly in his dust.

"I have to pay a great tribute to Rafa and Roger," Djokovic, 34, said during the trophy presentation. "They are legends of our sport. They are the reason that I am where I am today. They have helped me to realise what I need to do to improve."

For all of his experience and unprecedented success, Djokovic was uncharacteristically tight at the start of the match, hitting a double fault on his first point followed by some loose errors to hand Berrettini a break point. Fortunately for the top seed, his opponent — competing in his first major final — was also nervy and it was Djokovic who struck first for a 3-1 lead.

A routine first set looked on the cards for Djokovic when he served for the opener at 5-4, but Berrettini shook off the tension just in time to break back before the set headed into a tie break. With the Italian's serve now firing and the confidence behind his shots growing, it was the seventh seed who took the first set.

Djokovic's trademark powers of recovery immediately surfaced as the defending champion flew out of the traps in the second set, breaking twice for a 4-0 lead. Berrettini did earn one break back as Djokovic stumbled at the first attempt to serve out the set but there was no denying him on the second try.

Fine margins proved the difference in the third set, with Djokovic breaking at his only opportunity in the third game before Berrettini failed to take either chance presented to him in the sixth. As the rest of the set stayed on serve, Djokovic closed it out to take command of the final.

Solid service holds dominated the first six games of the fourth set, until Djokovic ramped up the pressure on Berrettini. The world No 1 brought up break point with a sublime short cross-court winner before Berrettini double faulted to hand Djokovic the all-important break.

From then it was only a matter of time for Djokovic to create his latest piece of tennis history and he wrapped up the title with a second break when Berrettini put a slice backhand into the net. He celebrated in his now customary way: by nibbling on some grass from the court and climbing to the players' box to hug his team.

"Winning Wimbledon was always the big dream of mine when I was a kid and I have to remind myself how special this is and to not take this for granted. It's a huge honour and a privilege," Djokovic said.

More history beckons if Djokovic can go on and win the US Open in September. Only one man in the Open era, Rod Laver, has ever won all four majors in the same season and it is a clear and obvious target for the reigning undisputed king of tennis.

"I could definitely envisage that happening and I hope I will give it a shot," said Djokovic, who this season won his ninth Australian Open and second Roland Garros, where he beat the previously unstoppable Nadal in the semi-finals. "I'm in great form, playing well and having my best form at Grand Slams is my number one priority."


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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.”

Company profile

Name:​ One Good Thing ​

Founders:​ Bridgett Lau and Micheal Cooke​

Based in:​ Dubai​​ 

Sector:​ e-commerce​

Size: 5​ employees

Stage: ​Looking for seed funding

Investors:​ ​Self-funded and seeking external investors

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Updated: July 11, 2021, 5:57 PM