The veteran Tom Watson watches his shot from the fourth at Turnberry on Saturday, with Ailsa Craig Island in the background.
The veteran Tom Watson watches his shot from the fourth at Turnberry on Saturday, with Ailsa Craig Island in the background.

Watson hoping to make experience count



TURNBERRY // Tom Watson refuses to be shaken off the scent of what, six weeks before his 60th birthday, would be a remarkable sixth British Open Championship victory. The American legend traded shot for shot with a cluster of younger rivals for the coveted Claret Jug throughout an exciting third day at Turnberry before taking a one-shot lead on the 17th to go into the clubhouse on four under. He will be seeking to make his experience of winning over these Ayrshire links 32 long years ago count this afternoon. Watson, who began the day sharing the lead with his fellow American Steve Marino, 30 years his junior, remained in the ascendancy all afternoon until being joined at the top of the leaderboard on three under by Australia's Mathew Goggin, whose best finish in a major is a tie for 36th place in the 2007 US Open, and Englishman Ross Fisher.

But Watson rallied late in the day and birdies on the 16th and 17th gave him a one-shot clubhouse lead. Goggin, whose last tournament win was on the Nationwide tour, claims that he is not too stressed by his barren years. "There are situations where you feel like you could have done more or you've made a mistake or other guys just made good shots," he said. "You just chip away and knock on the door and hopefully you walk through. This would be a nice week to do that, obviously." Ross Fisher's performance tobe within a shot of the lead was remarkable considering the Englishman is within hours of becoming a father for the first time. He has pledged to rush to the bedside of his wife Jo if she goes into labour. That might be a hard promise to fulfil if the most prestigious honour in the game comes tantalisingly into view this afternoon.

Fisher, who finished a creditable fifth behind Lucas Glover in last month's US Open, got himself to four under par for the tournament with a birdie at the third but bogeys at the fifth and 12th slowed down his momentum. Another dropped shot at the 14th left him two strokes adrift, but two consecutive birdies, at the 16th and 17th put him level with Goggin on three under. England's Lee Westwood, who has for several years been considered a potential major winner, also briefly threatened to claim a share of the overnight lead after a birdie at the long 17th, only to bogeying the last and finish on two under. Nevertheless Westwood, who was within one putt of joiningTiger Woods and Rocco Mediate in a play-off for last year's US Open, will fancy his chances going into what should be a gripping final day.

A satisfied Westwood said: "I watched the golf on TV this morning and I knew how demanding it was. I was seeing guys nine over through 12 holes and so I knew it was playing tough. Fortunately I played a couple of weeks ago in a similar wind to this. I had a fair idea how the golf course was going to play if the wind turned round, and some of the guys may not have had that advantage." Marino, 29, looked as though the occasion might be too much for him in his first Open as he subsided from five under par to level in the first five holes where a double bogey six at the fifth hurt him badly. The young American showed tremendous character, however, to stick gamely to his task in what were unfamiliar conditions and the simplest of eagle putts on the long seventh reinvigorated him for the homeward stretch. A birdie two at the 11th put him back to within a stroke of the lead but a bad miss from three foot at the 12th, just after he had watched Watson miss twice the distance, proved an unexpected setback. He finished the day six shots off the lead. Mark Calcavecchia started the third day as the nearest challenger to the joint leaders. Like Watson, he was trying to turn back the Open clock, having triumphed at neighbouring Troon 20 years ago.

Calcavecchia, 49, remained firmly in contention after refusing to be unsettled by an early bogey five and another approaching the turn but his hopes were badly hit by a double-bogey at the 13th which was followed by another dropped shot at the next. That enabled his experienced compatriots Jim Furyk and Stewart Cink to overtake him. Those tough Ryder Cup campaigners will be serious threats this afternoon as they are bracketed together on one under par after respective rounds of 70 and 71.

wjohnson@thenational.ae

Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

RESULTS

Tottenham 1

Jan Vertonghen 13'

Norwich 1

Josip Drmic 78'

2-3 on penalties

FA Cup quarter-final draw

The matches will be played across the weekend of 21 and 22 March

Sheffield United v Arsenal

Newcastle v Manchester City

Norwich v Derby/Manchester United

Leicester City v Chelsea

The specs

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My Cat Yugoslavia by Pajtim Statovci
Pushkin Press

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Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

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Tree of Hell

Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla

Director: Raed Zeno

Rating: 4/5

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Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
Europa League group stage draw

Group A: Villarreal, Maccabi Tel Aviv, Astana, Slavia Prague.
Group B: Dynamo Kiev, Young Boys, Partizan Belgrade, Skenderbeu.
Group C: Sporting Braga, Ludogorets, Hoffenheim, Istanbul Basaksehir.
Group D: AC Milan, Austria Vienna , Rijeka, AEK Athens.
Group E: Lyon, Everton, Atalanta, Apollon Limassol.
Group F: FC Copenhagen, Lokomotiv Moscow, Sheriff Tiraspol, FC Zlin.
Group G: Vitoria Plzen, Steaua Bucarest, Hapoel Beer-Sheva, FC Lugano.
Group H: Arsenal, BATE Borisov, Cologne, Red Star Belgrade.
Group I: Salzburg, Marseille, Vitoria Guimaraes, Konyaspor.
Group J: Athletic Bilbao, Hertha Berlin, Zorya Luhansk, Ostersund.
Group K: Lazio, Nice, Zulte Waregem, Vitesse Arnhem.
Group L: Zenit St Petersburg, Real Sociedad, Rosenborg, Vardar

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The biog

Marital status: Separated with two young daughters

Education: Master's degree from American Univeristy of Cairo

Favourite book: That Is How They Defeat Despair by Salwa Aladian

Favourite Motto: Their happiness is your happiness

Goal: For Nefsy to become his legacy long after he is gon

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Thank You for Banking with Us

Director: Laila Abbas

Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum

Rating: 4/5

The specs: 2019 Jeep Wrangler

Price, base: Dh132,000

Engine: 3.6-litre V6

Gearbox: Eight-speed automatic

Power: 285hp @ 6,400rpm

Torque: 347Nm @ 4,100rpm

Fuel economy, combined: 9.6L to 10.3L / 100km

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

HOW TO WATCH

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Results

2-15pm: Commercial Bank Of Dubai – Conditions (TB) Dh100,000 (Dirt) 1,400m; Winner: Al Habash, Patrick Cosgrave (jockey), Bhupat Seemar (trainer)

2.45pm: Al Shafar Investment – Handicap (TB) Dh80,000 (D) 1,200m; Winner: Day Approach, Ray Dawson, Ahmad bin Harmash

3.15pm: Dubai Real estate Centre – Handicap (TB) Dh80,000 (D) 1,600m; Winner: Celtic Prince, Richard Mullen, Rashed Bouresly

3.45pm: Jebel Ali Sprint by ARM Holding – Listed (TB) Dh500,000 (D) 1,000m; Winner: Khuzaam, Pat Dobbs, Doug Watson

4.15pm: Shadwell – Conditions (TB) Dh100,000 (D) 1,600m; Winner: Tenbury Wells, Royston Ffrench, Salem bin Ghadayer

4.45pm: Jebel Ali Stakes by ARM Holding – Listed (TB) Dh500,000 (D) 1,950m; Winner: Lost Eden, Andrea Atzeni, Doug Watson

5.15pm: Jebel Ali Racecourse – Handicap (TB) Dh76,000 (D) 1,950m; Winner: Rougher, Pat Dobbs, Doug Watson

SPECS
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Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded