Lindsey Vonn, right, the glamour girl of the US ski team, poses with a fan after a training session in Austria last month.
Lindsey Vonn, right, the glamour girl of the US ski team, poses with a fan after a training session in Austria last month.
Lindsey Vonn, right, the glamour girl of the US ski team, poses with a fan after a training session in Austria last month.
Lindsey Vonn, right, the glamour girl of the US ski team, poses with a fan after a training session in Austria last month.

The stars of the snow


  • English
  • Arabic

In a rare display of forward planning, I had already chosen both the topic and tone of this column by last Friday. Having heard one too many derisory comments about the Winter Olympics - usually from boisterous media pundits blinded to the allure of other sports by the glossy veneer of football - my patience had finally snapped.

So I was planning a light-hearted defence of Winter Olympians in terms even these self-consciously laddish critics could understand: rock'n'roll. The athletes they dismiss as a succession of interchangeable Lycra-sheathed Austrians are in fact, I planned to argue, the last of the rock'n'roll sportsmen. These are not dullards in day-glo but the punks of the piste. Just look at the evidence. Like rock stars, Winter Olympians spend much of their lives on the road.

Many of them, including the party-loving Bode Miller, even shun luxury hotels in favour of sleeping in the tour bus. Like rock stars, they frighten the moral majority. The American Lindsey Vonn caused controversy recently when she was pictured, in a skiing pose, on the cover of Sports Illustrated magazine. Real ladies do not bend over, apparently. Perhaps they would like her to ski standing bolt upright in future, or with her legs crossed?

Like rock stars, they have cool nicknames. The Austrian skiing legend Hermann Maier is known as "the Herminator", while Canada's Manuel Osborne-Paradis is dubbed "Manima". These nicknames are fully earned. Much of Maier's success came after he smashed his leg in a near-fatal motorcycle accident, while Osbourne-Paradis's love of partying is betrayed by his portly physique. Not that he cares. "I'm not an athlete, I'm a downhill skier," is his standard response to those who call him tubby.

Which is exactly the point. Mainstream sport is inhabited by athletic clones: ultra-model professionals whose personalities have been scrubbed away by a lifetime of saying, eating and doing "the right thing". Even their occasional forays off the rails seem wholly predictable. The same old nightclubs, the same old story. In mainstream sport, the lone maverick has been edged into the sidelines. At the Winter Olympics, they remain centre stage.

This is the place to look for a 21st century George Best, Brian Clough or Muhammad Ali. By Friday evening, however, some tragic news from Vancouver reminded me of a darker similarity between Winter Olympians and rock stars: the potential for premature death. Nodar Kumaritashvili was travelling at 90mph on the luge when he misjudged a corner during a practice run and was flung into a steel column. His name will be chalked up alongside Ross Milne, Nicolas Bochatay and Kazimierz Kay-Skrzypecki, who all died at previous winter Games.

Of course, the premature deaths of rock stars tend to be self- inflicted, but the tragedies stem from the same source: thrill-seeking, blinkered courage and a wish to live life on the edge. Mainstream sport loves the language of danger - players "do battle" or "lock horns" - but in reality the athletes lead a safe and cossetted existence. Winter sports may lack the immediate glamour of, say, football. Their appeal may seem slightly nerdy, as cowbell-clanging fans obsess over wind speed and split-seconds. But beneath the Lycra lies a fast-beating heart that is pure rock'n'roll. Apart from curling. Obviously.

David Beckham walked past me once. It is not exactly an anecdote to dine out - maybe a prawn sandwich, at best - but it is true nonetheless. We were both enjoying VIP hospitality at Chester Racecourse in England, with some Ps being more VI than others, obviously. Beckham was supposedly celebrating another league-winning season with his Manchester United teammates, but looked incredibly glum as he swept past. This was just three months after the infamous boot incident, in which Sir Alex Ferguson added some flying footwear to one of his infamous hairdryer team talks. It was also just a matter of weeks before Beckham signed for Real Madrid. As he prepares to face United for the first time tonight, he may well ask himself a recurring question: was it a dud move?

United have won three Premier League titles and the European, FA and League Cups since then. Beckham collected a solitary Primera Liga title in Spain followed by an inglorious period in Los Angeles. But as he sees out his twilight years at the AC Milan Care Home for Elderly Footballers, he should know that he did the right thing. He did not move for the additional money or fame that he has undoubtedly accrued, but because it was important for him to taste failure, albeit only relative. Staying at United suited the plodding and contented nature of a Paul Scholes, a Gary Neville, even a Ryan Giggs, but Beckham would have tortured himself with thoughts of what could have been. Bitterness and rancour would surely have followed. Those seven seasons outside Old Trafford may not have delivered all the glory he wanted, but it gave him something far more precious: enough time and perspective to look back on his United days with a smile, which he will surely wear tonight, instead of the scowl I witnessed in Chester. Will Batchelor is a writer, broadcaster and self-confessed cynical sports fan. @Email:sports@thenational.ae

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

UAE currency: the story behind the money in your pockets
Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Where to submit a sample

Volunteers of all ages can submit DNA samples at centres across Abu Dhabi, including: Abu Dhabi National Exhibition Centre (Adnec), Biogenix Labs in Masdar City, NMC Royal Hospital in Khalifa City, NMC Royal Medical Centre, Abu Dhabi, NMC Royal Women's Hospital, Bareen International Hospital, Al Towayya in Al Ain, NMC Specialty Hospital, Al Ain

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Floward%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAbdulaziz%20Al%20Loughani%20and%20Mohamed%20Al%20Arifi%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EE-commerce%0D%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3EAbout%20%24200%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAljazira%20Capital%2C%20Rainwater%20Partners%2C%20STV%20and%20Impact46%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E1%2C200%3C%2Fp%3E%0A
The biog:

Favourite book: The Leader Who Had No Title by Robin Sharma

Pet Peeve: Racism 

Proudest moment: Graduating from Sorbonne 

What puts her off: Dishonesty in all its forms

Happiest period in her life: The beginning of her 30s

Favourite movie: "I have two. The Pursuit of Happiness and Homeless to Harvard"

Role model: Everyone. A child can be my role model 

Slogan: The queen of peace, love and positive energy

UAE currency: the story behind the money in your pockets

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%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EEjari%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EYazeed%20Al%20Shamsi%2C%20Fahad%20Albedah%2C%20Mohammed%20Alkhelewy%20and%20Khalid%20Almunif%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EPropTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3E%241%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ESanabil%20500%20Mena%2C%20Hambro%20Perks'%20Oryx%20Fund%20and%20angel%20investors%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E8%3C%2Fp%3E%0A
EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WallyGPT%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2014%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESaeid%20and%20Sami%20Hejazi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%20%3C%2Fstrong%3E%247.1%20million%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%20round%3C%2Fp%3E%0A
World Test Championship table

1 India 71 per cent

2 New Zealand 70 per cent

3 Australia 69.2 per cent

4 England 64.1 per cent

5 Pakistan 43.3 per cent

6 West Indies 33.3 per cent

7 South Africa 30 per cent

8 Sri Lanka 16.7 per cent

9 Bangladesh 0