South Africa’s Michelle Weber, centre, and other swimmers enter the waters for the women’s marathon event. David Goldman / AP Photo
South Africa’s Michelle Weber, centre, and other swimmers enter the waters for the women’s marathon event. David Goldman / AP Photo

Rio 2016: Sharon van Rouwendaal powers to victory in open water race at Copacabana



Sharon van Rouwendaal claimed gold for the Netherlands in the Olympic women’s open water race at Copacabana.

Van Rouwendaal began to pull away on the third of four laps, and it was not even close by the end of the 10-kilometre race.

She touched the timing board before her closest challenger had even entered the finish chute.

The winning margin was 17.4 seconds, far more than the 0.4s four years ago.

“I felt so good,” Van Rouwendaal said. “I swam so easy. I felt no fatigue. After 6km, I changed my mind and thought I should push on.”

The bigger drama came behind the winner.

Aurelie Muller of France touched next, but then it was announced she had been disqualified for an incident at the finish of the rough-and-tumble sport.

That moved Italy’s Rachele Bruni up to silver, while Poliana Okimoto took bronze – the first swimming medal won by a Brazilian woman, either in the pool or open water.

Bahrain's Ruth Jebet blew away the competition to win the women's 3,000 metres steeplechase gold, but narrowly missed out on the world record.

Jebet ran a bold race, bursting into the lead after a few laps and setting a blistering pace to win in 8 minutes, 59.75 seconds, just shy of the 8:58.81 world record set by Russia’s Gulnara Galkina at Beijing 2008.

Kenya’s Hyvin Kiyeng, who won the world title in Beijing last summer, was nearly 50 metres from the finish line when Jebet won, and had to settle for silver. American Emma Coburn won United States’ first medal in the event with a bronze.

Poland's Anita Wlodarczyk smashed her own world record on her way to victory in the women's hammer throw – four years after being denied gold by Russian Tatyana Lysenko.

Wlodarczyk, regarded as the best women’s hammer-thrower of all time, heaved a monumental 82.29m on her third attempt to crush the competition. Zhang Wenxiu of China took silver with a throw of 76.75m while Britain’s Sophie Hitchon claimed bronze with 74.54m.

Top-ranked teen Lydia Ko might ruin her game if she wins the first women's Olympic golf title in 116 years, because she says she might never remove her gold medal.

“The Olympics were the biggest goal of mine this year,” Ko said yesterday. “If I end up holding the gold medal and standing upon the podium, it will be extra special. I don’t know if I will ever take that medal off. It will bruise me when I swing with it.”

The New Zealander, 19, is among the contenders when the second Olympic women’s golf event begins tomorrow at the same Rio course where Britain’s Justin Rose captured the men’s gold medal Sunday.

Ko played five holes of the layout while Rose was holding off Sweden’s Henrik Stenson for the title and later had her photo taken with Rose and his gold medal. “To be able to take a photo with the gold medal was special,” Ko said. “Hopefully some of the vibes came off.”

* Agencies

First Person
Richard Flanagan
Chatto & Windus 

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The UAE volunteers campaign can be reached at www.volunteers.ae , or by calling 800-VOLAE (80086523), or emailing info@volunteers.ae.

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
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Emiratisation at work

Emiratisation was introduced in the UAE more than 10 years ago

It aims to boost the number of citizens in the workforce particularly in the private sector.

Growing the number of Emiratis in the workplace will help the UAE reduce dependence on overseas workers

The Cabinet in December last year, approved a national fund for Emirati jobseekers and guaranteed citizens working in the private sector a comparable pension

President Sheikh Khalifa has described Emiratisation as “a true measure for success”.

During the UAE’s 48th National Day, Sheikh Khalifa named education, entrepreneurship, Emiratisation and space travel among cornerstones of national development

More than 80 per cent of Emiratis work in the federal or local government as per 2017 statistics

The Emiratisation programme includes the creation of 20,000 new jobs for UAE citizens

UAE citizens will be given priority in managerial positions in the government sphere

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JAPANESE GRAND PRIX INFO

Schedule (All times UAE)
First practice: Friday, 5-6.30am
Second practice: Friday, 9-10.30am
Third practice: Saturday, 7-8am
Qualifying: Saturday, 10-11am
Race: Sunday, 9am-midday 

Race venue: Suzuka International Racing Course
Circuit Length: 5.807km
Number of Laps: 53
Watch live: beIN Sports HD

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2/5

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Juventus 1 (Dybala 45')

Lazio 3 (Alberto 16', Lulic 73', Cataldi 90 4')

Red card: Rodrigo Bentancur (Juventus)

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.”

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Man of the match: Kevin de Bruyne (Manchester City)