Andy Roddick says the problem in American tennis is that it was too successful once rather than it not being successful now.
Andy Roddick says the problem in American tennis is that it was too successful once rather than it not being successful now.
Andy Roddick says the problem in American tennis is that it was too successful once rather than it not being successful now.
Andy Roddick says the problem in American tennis is that it was too successful once rather than it not being successful now.

American tennis a victim of its own success


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Andy Roddick is rather tired of the question: What's wrong with American tennis?

When an Italian reporter raised the subject at a tournament in Rome last week, Roddick replied wryly: "No bigger crisis than Italian tennis."

A little later, Roddick said: "As far as harping on American tennis, I think we're kind of a victim of our own success over the years in the sport. If you still stack us up against most countries, we're coming out ahead."

To Roddick's point, the Americans' wait for a male champion at a major is nothing compared to what some others are enduring: Andy Murray has lost three major finals in his bid to become the first British man since 1936 to win a grand slam title.

But it is also true that the US has reached a low point in the sport. Not merely because the country no longer churns out new champions, but also because it is not really relevant at the top of the game right now.

Earlier this month, for the first time in more than 35 years of computerised rankings, no player from the US appeared in the men's or women's top 10. The last American man to win a grand slam singles title was Roddick, at the 2003 US Open - 29 major tournaments ago.

If that drought continues at the French Open, which starts today, the gap will equal the longest in history for US men. They were shut out of 30 straight grand slam titles from 1955-63.

Roddick withdrew from the French Open last week, citing a right-shoulder injury. That leaves the tournament without the three most significant active singles players from the United States, because sisters Serena and Venus Williams pulled out earlier.

The recent US problems are a stark change for a nation that has produced players such as Pete Sampras, Andre Agassi, John McEnroe, Jimmy Connors, Arthur Ashe, Don Budge, Bill Tilden, Lindsay Davenport, Tracy Austin, Chris Evert and Billie Jean King, to name only some.

"We're so used to having champions for the last, oh, century," said Venus Williams, owner of seven major singles titles. "Right now is something we're not used to."

Roddick and the rest of the American men have been forced recently to deal with the same obstacle everyone else has for the past several years: the consistent excellence of a couple of guys from Switzerland (Roger Federer) and Spain (Rafael Nadal), who account for 24 of the 29 grand slam men's singles titles since Roddick's victory in New York.

The others have gone to Serbia (two to Novak Djokovic, whose Australian Open championship in January is part of his 37-0 record heading into the French Open), Argentina (Juan Martin del Potro and Gaston Gaudio) and Russia (Marat Safin). Roddick has played in four grand slam finals from 2004-09, but lost each to Federer.

In this week's rankings, there's only one US man or woman in the top 10: Mardy Fish, who is No 10 in the men's list. The top American women are Serena Williams at 17th, and Venus Williams at 29th as neither has played in months. Bethanie Mattek-Sands is next at 36th.

There are nine US men in the top 100, the same number as Germany and France - and five fewer than Spain, a country with a population about one-sixth that of the United States.

"The game got so global just in the past 10, 15 years," said Sampras, who won 14 grand slam titles and finished No 1 in the rankings a record six years in a row. "Tennis in America has slowed down. It's not as dominant.

"It doesn't make me feel sad or angry. It's just a reality check.

"We're fine. We have some good young players. But they're not grand slam winners and they're not No 1 in the world, so it might take some time."

Top three to watch at the French Open

Men's

Rafael Nadal

The top-ranked player from Spain has a 38-1 record at Roland Garros. The 24 year old, above, has won nine majors, and can equal Bjorn Borg’s record of six French titles this year.

Novak Djokovic

His 37-0 record in 2011 is the best start to a season on the men’s tour since John McEnroe began 42-0 in 1984. Djokovic, 23, is 7-0 against Nadal and Roger Federer.

Roger Federer

The 29 year old from Switzerland owns a record 16 grand slam singles titles but is now in longest stretch without one since he won his first at Wimbledon in 2003.

Women's

Caroline Wozniacki

Ranked No 1, the 20 year old from Denmark has won three titles this year and 15 overall, but has yet to win a major. Her best finish in a major was the final of the 2009 US Open.

Kim Clijisters

The 27 year old from Belgium has won four majors, including the last two, the 2010 US Open and the 2011 Australian Open. Ranked No 2 in the world, she decided to enter French Open despite recent injuries.

Maria Sharapova

She has won three majors, but none since the Australian Open in 2008. She won the Italian Open title on clay for her first title this season is seventh in the rankings, her highest spot since 2008.

French Open facts

Site: Roland Garros in Paris.
Surface: Clay courts.
Schedule: The 15-day tournament begins today. The women's final is June 4; the men's final is June 5.
2010 men's champion: Rafael Nadal, Spain.
2010 women's champion: Francesca Schiavone, Italy.
Prize money: £17.5 million (about US$28m), with £1.2 million each to the men's and women's champions.

* Associated Press

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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.

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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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Arsenal 1-2 Eintracht Frankfurt (Nov 28, Europa)

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Game 1 Raptors 118 Warriors 109

Game 2 Raptors 104 Warriors 109

Game 3 Warriors 109 Raptors 123

Game 4 Warriors 92 Raptors 105

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