Ons Jabeur admitted she made “a lot of mistakes” after starting her WTA Finals campaign with a thumping 6-1, 6-0 defeat against US Open champion Coco Gauff in Cancun.
The 19-year-old American raced through the first set to win 6-0 in just 23 minutes and then shrugged off a rain delay of just over an hour to take the second set 6-1 for a convincing win – her first ever in the season-ending championship.
Gauff, who lost all six of her singles and doubles matches in her debut tournament last year in Fort Worth, breezed past three-time major runner-up Jabeur, will now take face Polish world No 2 Iga Swiatek.
“She played really well,” Jabeur said after the match. “She played a correct match, didn't make a lot of mistakes. On my part, I did make a lot of mistakes. Not my best day on the court, but, yeah, that’s tennis sometimes.”
Gauff has now won 50 matches this season, with eight coming against top 10 opponents, and she is the first teenager to reach a half century or more victories in a single season since Caroline Wozniacki in 2009.
“I'm just happy to finally get a win here in this event,” she said. “After the rain delay, I was just focused on keeping my foot on the gas pedal.”
Gauff is playing her first tournament since splitting with coach Pere Riba after the China Open and is in Mexico with Brad Gilbert, who was one of her two coaches during the run of 12 consecutive victories – and 18 in 19 matches – that culminated with her first Grand Slam title in New York in September.
“Unfortunately, it wasn't my decision,” Gauff said. “But we had to end the partnership. If it was up to me, I would have loved to have him here. But you know, things happen. Life happens. So no bad terms on our end.
“Sometimes people think it's bigger than what it is. But some things just didn't work out and that's all. I still think that he was a great guy. And obviously, he did amazing things for me personally and also for my game. So I'm sure he's going to be successful in his next step.”
Earlier Monday, Swiatek climbed out of a 5-2 hole early against Marketa Vondrousova and dominated the second set. Both women then added their voices to the chorus of complaints about the playing conditions.
Cancun was only confirmed as the host city of the prestigious championship on September 7 after Saudi Arabia had reportedly been lined up to stage the event.
“Obviously it’s not a positive thing for any of us,” Swiatek said after defeating the Czech 7-6, 6-0. “For sure, it’s not comfortable – and the fact that we also didn’t have time to practise on this court,” Swiatek said.
Vondrousova was a little more blunt, saying on Instagram: “My first WTA Finals is not at all what I imagined. We work hard all year to get to the Finals and in the end it's just a disappointment.
“Stadium is not at all ready for the matches and to me it feels like the people from WTA are absolutely not interested in how we – who are supposed to play on that court – feel.”
Tuesday sees world No 1 Aryna Sabalenka take on Jessica Pegula while Elena Rybakina faces Maria Sakkari.
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UAE currency: the story behind the money in your pockets
The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
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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.”
Mane points for safe home colouring
- Natural and grey hair takes colour differently than chemically treated hair
- Taking hair from a dark to a light colour should involve a slow transition through warmer stages of colour
- When choosing a colour (especially a lighter tone), allow for a natural lift of warmth
- Most modern hair colours are technique-based, in that they require a confident hand and taught skills
- If you decide to be brave and go for it, seek professional advice and use a semi-permanent colour
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Killing of Qassem Suleimani
Miss Granny
Director: Joyce Bernal
Starring: Sarah Geronimo, James Reid, Xian Lim, Nova Villa
3/5
(Tagalog with Eng/Ar subtitles)