Colin Montgomerie, left and his Ryder Cup successor Jose Maria Olazabal.
Colin Montgomerie, left and his Ryder Cup successor Jose Maria Olazabal.

A walk on the wild side for Europe at Ryder Cup



ALSO: Swinging wildly, Woods looking to knock out all in Match Play format

When Colin Montgomerie held court recently at Gary Player's charity tournament the Saadiyat Beach Club in Abu Dhabi, he threw out what was initially construed as a flippant comment on the Ryder Cup selection process.

The Scot, one of the leading performers for Europe as a player - he never lost a singles match in eight appearances - captained the team to their victory over the United States last year under what he considered to be the handicap of being able to select only three of the 12 players.

Let the captain pick all 12, was Monty's message a week after Jose Maria Olazabal had been confirmed as his successor at a European Tour meeting in the UAE capital.

And he was deadly serious, making the point that a sensible captain would be guided by the world rankings and Race to Dubai money list rather than be dictated to by the respective tables.

All of which makes Olazabal's counter assertion, that he will make do with only two wild cards when the time comes for him to complete the line-up of passengers on the flight to Chicago to defend the trophy next year, so baffling.

Olazabal, the unanimous choice of the European players to play the leading role in Medinah, Illinois next year, commands enormous respect in the locker rooms around the world.

So his views should be challenged with caution, especially on issues involving the Ryder Cup in which he has been a productive accumulator of European points especially in a marauding all-Spanish partnership with Seve Ballesteros.

But he may have got this one wrong.

An active touring professional like him with so much knowledge of the strengths and weaknesses of all those battling to be a part of golf's most glamorous matchplay competition should push for the right to put his own stamp on the team to the greatest degree possible.

That is what Montgomerie did when accepting the captain's job. The canny Scot picked up on the crucial demand made by Paul Azinger, the American captain for the 2008 tussle, which had a significant bearing on his men regaining the trophy at Valhalla.

Azinger appreciated that form and confidence going into the match were key issues and that the captain should be given maximum scope to capitalise on an eye-catching late run by players on the wrong side of the qualification line.

He thus made it a condition of accepting the job that the rules be changed to give him four picks instead of the previous two.

Montgomerie wanted four when his turn came to try to win back the trophy. He accepted that change had to come gradually and settled for three. Now Olazabal has put Europe back to where they started with two picks, albeit with a slight tweaking of the qualification tables - a decision he might live to regret.

Last time round, Europe were in the ludicrous position of having to leave Paul Casey on the sidelines, a player ranked in the world's top 10.

Had Montgomerie had the greater flexibility of selection, that situation would surely have been avoided. That unsatisfactory situation is just as likely to arise again next year. If the competition proves to be as tight as it was at Celtic Manor in Wales when Europe's one-point victory was sealed by Graeme McDowell in the final rubber of the 12 singles, the captain's belief in the adage that the league tables rarely lie might go down in history as a misguided move.

The sport's second most glamorous matchplay competition starts today when the first of the season's World Golf Championships - the Accenture - gets under way in Arizona when Englishman Ian Poulter bids to repeat his success of last year when he defeated his compatriot Casey in the final.

The tournament, open to the world's 64 leading players, brings the top ranking into focus again as Lee Westwood seeks to hang on to the honour in the face of a renewed challenge led by Germany's Martin Kaymer.

Westwood has proved himself a solid matchplay exponent in the Ryder Cup but this individual event has not served him kindly as he has managed to get past the second round only twice in 10 attempts.

As world No 1 he could have expected his 64th-ranked opponent to be less formidable than Sweden's Henrik Stenson, who won this event in 2007 and has been a regular at the top end of the rankings table until falling on hard times over the last season or so.

If that match fails to produce the shock of the first round, it might come through the rejuvenated Thomas Bjorn who beat a high-class field in the Qatar Masters last month. The Dane's first-round opponent? The fading force of Tiger Woods.

We Weren’t Supposed to Survive But We Did

We weren’t supposed to survive but we did.      
We weren’t supposed to remember but we did.              
We weren’t supposed to write but we did.  
We weren’t supposed to fight but we did.              
We weren’t supposed to organise but we did.
We weren’t supposed to rap but we did.        
We weren’t supposed to find allies but we did.
We weren’t supposed to grow communities but we did.        
We weren’t supposed to return but WE ARE.
Amira Sakalla

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

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The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

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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 
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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.

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

About Housecall

Date started: July 2020

Founders: Omar and Humaid Alzaabi

Based: Abu Dhabi

Sector: HealthTech

# of staff: 10

Funding to date: Self-funded

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.”

The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

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

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Results

1. Mathieu van der Poel (NED) Alpecin-Fenix - 3:45:47

2. David Dekker (NED) Jumbo-Visma - same time

3. Michael Morkov (DEN) Deceuninck-QuickStep   

4. Emils Liepins (LAT) Trek-Segafredo

5. Elia Viviani (ITA) Cofidis

6. Tadej Pogacar (SLO UAE Team Emirates

7. Anthony Roux (FRA) Groupama-FDJ

8. Chris Harper (AUS) Jumbo-Visma - 0:00:03

9. Joao Almeida (POR) Deceuninck-QuickStep         

10. Fausto Masnada (ITA) Deceuninck-QuickStep

A little about CVRL

Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.

One of its main goals is to provide permanent treatment solutions for veterinary related diseases. 

The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery. 

The specs: 2018 Genesis G70

Price, base / as tested: Dh155,000 / Dh205,000

Engine: 3.3-litre, turbocharged V6

Gearbox: Eight-speed automatic

Power: 370hp @ 6,000rpm

Torque: 510Nm @ 1,300rpm

Fuel economy, combined: 10.6L / 100km

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Thanksgiving meals to try

World Cut Steakhouse, Habtoor Palace Hotel, Dubai. On Thursday evening, head chef Diego Solis will be serving a high-end sounding four-course meal that features chestnut veloute with smoked duck breast, turkey roulade accompanied by winter vegetables and foie gras and pecan pie, cranberry compote and popcorn ice cream.

Jones the Grocer, various locations across the UAE. Jones’s take-home holiday menu delivers on the favourites: whole roast turkeys, an array of accompaniments (duck fat roast potatoes, sausages wrapped in beef bacon, honey-glazed parsnips and carrots) and more, as  well as festive food platters, canapes and both apple and pumpkin pies.

Ruth’s Chris Steakhouse, The Address Hotel, Dubai. This New Orleans-style restaurant is keen to take the stress out of entertaining, so until December 25 you can order a full seasonal meal from its Takeaway Turkey Feast menu, which features turkey, homemade gravy and a selection of sides – think green beans with almond flakes, roasted Brussels sprouts, sweet potato casserole and bread stuffing – to pick up and eat at home.

The Mattar Farm Kitchen, Dubai. From now until Christmas, Hattem Mattar and his team will be producing game- changing smoked turkeys that you can enjoy at home over the festive period.

Nolu’s, The Galleria Mall, Maryah Island Abu Dhabi. With much of the menu focused on a California inspired “farm to table” approach (with Afghani influence), it only seems right that Nolu’s will be serving their take on the Thanksgiving spread, with a brunch at the Downtown location from 12pm to 4pm on Friday.

The Dark Blue Winter Overcoat & Other Stories From the North
Edited and Introduced by Sjón and Ted Hodgkinson
Pushkin Press 

The specs: 2018 Kia Picanto

Price: From Dh39,500

Engine: 1.2L inline four-cylinder

Transmission: Four-speed auto

Power: 86hp @ 6,000rpm

Torque: 122Nm @ 4,000rpm

Fuel economy, combined: 6.0L / 100km