Originally, it was Rafael Nadal who Roger Federer could no longer defeat. Then it was Nadal and Novak Djokovic who Federer could no longer defeat. And now Jurgen Melzer?
We have been here before, wondering if the former world No 1 and 16-time grand slam champion had entered his decline only to see him bounce back. Eventually, however, Federer will be sliding from his perch.
Melzer, the Austrian ranked No 9 in the world, knocked out Federer in the quarter-finals of the Monte Carlo Masters 6-4, 6-4 last week, and again Federer had a variety of explanations for losing. First clay tournament of the year, swirling wind, seven break points squandered, Melzer just plain lucky.
"Either he shanks them and they stay in play, or he hits the line. All those things accumulate to something quite frustrating. That's what made it hard," Federer said.
It perhaps indicates Federer's strength of mind that he refuses to concede that this or that loss is damaging to his psyche. But his post-defeat analyses begin to sound like excuse making.
"I don't think I played terrible," he said after losing to Melzer for the first time. "I thought it was OK. It was still the first week of clay, so I don't expect myself to play my very best."
He added: "Even in the wind, I had all my chances to come back into the match. He did well. I think he played aggressive, was able to mix it up. Obviously, I wasted way too many breakpoint chances, which was unfortunate."
Federer clearly is not the overpowering presence he was from 2004 to 2007 when he won 11 of the 16 major championships contested and 11 of the 12 majors that were not the French.
After Djokovic beat him in the Australian semi-finals in January, Federer does not hold any of the slam titles for the first time since he won at Wimbledon, in 2003. Is it the rise of formidable younger competitors? Or is he not quite the same player?
Nadal's English is not polished, but perhaps he intended to speak in the past tense when he said of Federer: "Always a surprise when Roger loses, because he's unbelievable what he did in this sport."
Federer, 30 in August, remains a formidable player. It still is unusual when he loses to anyone other than the world's top two. But his days of dominating men's tennis appear to be yesterday's news.
The week in tennis
Men’s tour this week
Rafael Nadal won his seventh consecutive Monte Carlo Masters title by defeating his Spanish compatriot David Ferrer 6-4, 7-5 on Sunday. It was his first championship since the Japan Open last year. Nadal has won 37 consecutive matches on the clay surfaces of Monte Carlo.
ATP rankings
Player Country Points
1. R Nadal ESP 12,870
2. N Djokovic SRB 9,640
3. R Federer SUI 8,550
4. A Murray GBR 5,905
5. R Soderling SWE 5,420
Women’s tour this week
Kim Clijsters, the world No 2, suffered a serious ankle injury at the wedding of her cousin and will probably miss the French Open. The big-hitting Belgian was wearing high heels when she stepped on someone’s foot and rolled her ankle, stretching ligaments.
ATP rankings
Player Country Points
1. C Wozniacki DEN 9930
2. K Clijsters BEL 8115
3. V Zvonareva RUS 7815
4. F Schiavone ITA 5171
5. V Azarenka BLR 4630
Barcelona Open
Place: Barcelona, Spain
Venue: Real Club de Tennis Barcelona
Duration: Until Sunday
Prize Money: US$2,240,000
Surface: Clay
Defending champion: Rafael Nadal
Porsche Grand Prix
Place: Stuttgart, Germany
Venue: Porsche Arena
Duration: Until Sunday
Prize Money: $721,000
Surface: Indoor clay
Defending champion: Justine Henin
poberjuerge@thenational.ae
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
'Panga'
Directed by Ashwiny Iyer Tiwari
Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta
Rating: 3.5/5
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
The%20Sandman
%3Cp%3ECreators%3A%20Neil%20Gaiman%2C%20David%20Goyer%2C%20Allan%20Heinberg%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Tom%20Sturridge%2C%20Boyd%20Holbrook%2C%20Jenna%20Coleman%20and%20Gwendoline%20Christie%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
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
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.
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
The%C2%A0specs%20
%3Cp%3E%0D%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E6-cylinder%2C%204.8-litre%20%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E5-speed%20automatic%20and%20manual%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E280%20brake%20horsepower%20%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E451Nm%20%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh153%2C00%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
IPL 2018 FINAL
Sunrisers Hyderabad 178-6 (20 ovs)
Chennai Super Kings 181-2 (18.3 ovs)
Chennai win by eight wickets
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.”
Game Changer
Director: Shankar
Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5
UAE currency: the story behind the money in your pockets
The%20Witcher%20-%20season%20three
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EVarious%0D%3Cbr%3E%3Cstrong%3E%0D%3Cbr%3EStars%3A%20%3C%2Fstrong%3EHenry%20Cavill%2C%20Freya%20Allan%2C%20Anya%20Chalotra%3Cstrong%3E%0D%3Cbr%3E%0D%3Cbr%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
