Tadhg O’Shea has opted to ride newcomer Daily Bulletin, instead of Beachy Head, at the Jebel Ali Racecourse on Friday.
Beachy Head won twice over the course and distances under O’Shea, and was successful in the 1,400-metre conditions race 12 months ago under Emirati apprentice Saeed Al Mazrooei.
Yet the Irish jockey has decided to put his faith in Beachy Head's companion at the Grandstand Stables in the featured event of the six-race card on Friday.
“These choices are never easy, but Daily Bulletin is a new horse in the yard and one I really like,” he said about the four year old bay son of Medaglia D’Oroon, who prepares for his local debut.
“He won twice for John Gosden in England but has been off more than a year. So whatever he achieves, he will improve for the run.”
Grandstand Stables trainer Ali Rashid Al Raihe has also entered a third runner Mushakis, who will be ridden by owner Sheikh Hamdan bin Rashid’s retained jockey Dane O’Neill in the Dh110,000 conditions race for horses rated above 85 run over 1,400 metres.
Apprentice Liam Tarentaal has been booked to ride Beachy Head in only his second ride in the UAE.
“With Liam’s 3kgs claim, Beachy Head should be competitive. We at Grandstand Stables also have Mushaakis in the field, like Beachy Head, proven at Jebel Ali,” O’Shea added.
Al Raihe reckons all his three runners are in with a chance in the 11-runner field.
“Tadhg thinks Daily Bulletin is a nice horse going forward, while Beachy Head and Mushaakis really like it at Jebel Ali,” the Emirati said.
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Sheikh Hamdan has also Azmaam and Shaishee entered in the race, and both trained by Maria Richie.
However, her stable jockey Fernando Jara has elected to ride Richie’s third horse in the race, the Mohammed Khalifa Al Basti-owned Billingsgate.
Gopi Selvaratnam, who trains for the racecourse owner’s patron patron Sheikh Ahmed bin Rashid is double handed with Call To War and Gobooll.
Oisin Murphy, who returns as the Jebel Ali Stables jockey, a role he filled three seasons ago, is atop Call To War.
“Both horses are in good form but are going to progress fitness wise,” Selvaratnam said. “Oisin has enjoyed a very good summer and it is nice to have him back in the Jebel Ali fold.”
Salem bin Ghadayer saddled High On Life, a winner over 1200m trip at the course and subsequently contested in the Group 1 Golden Shaheen on the Dubai World Cup night at Meydan Racecourse.
“He has been going well in training and likes Jebel Ali,” Bin Ghadayer said. “Hopefully he should run well.”
Pat Dobbs rides Stunned, a winner over track and trip last December, for the UAE champion trainer Doug Watson.
“We have been very pleased with his preparation and he seems in good form but is going to benefit for the outing,” Watson said.
“Conditions, we know, suit him and he should give a good account of himself in what looks an open race.”
Tips for entertaining with ease
· Set the table the night before. It’s a small job but it will make you feel more organised once done.
· As the host, your mood sets the tone. If people arrive to find you red-faced and harried, they’re not going to relax until you do. Take a deep breath and try to exude calm energy.
· Guests tend to turn up thirsty. Fill a big jug with iced water and lemon or lime slices and encourage people to help themselves.
· Have some background music on to help create a bit of ambience and fill any initial lulls in conversations.
· The meal certainly doesn’t need to be ready the moment your guests step through the door, but if there’s a nibble or two that can be passed around it will ward off hunger pangs and buy you a bit more time in the kitchen.
· You absolutely don’t have to make every element of the brunch from scratch. Take inspiration from our ideas for ready-made extras and by all means pick up a store-bought dessert.
JOKE'S%20ON%20YOU
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Scoreline
Liverpool 3
Mane (7'), Salah (69'), Firmino (90')
Bournemouth 0
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Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
SCHEDULE
Thursday, December 6
08.00-15.00 Technical scrutineering
15.00-17.00 Extra free practice
Friday, December 7
09.10-09.30 F4 free practice
09.40-10.00 F4 time trials
10.15-11.15 F1 free practice
14.00 F4 race 1
15.30 BRM F1 qualifying
Saturday, December 8
09.10-09.30 F4 free practice
09.40-10.00 F4 time trials
10.15-11.15 F1 free practice
14.00 F4 race 2
15.30 Grand Prix of Abu Dhabi
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.”
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
