Frieze London kicked off on Wednesday with a surprisingly packed VIP preview, as throngs of visitors, collectors and curators floated down the halls of the fair’s more than 100 galleries. Now in its 19th year, the event had a relaxed atmosphere and galleries were, despite growing speculation over the oncoming recession, selling works.
As usual, several museums, galleries and artists have planned projects around the fair — here are eight to look out for.
Jeffrey Gibson
The Stephen Friedman booth is the fair's most striking, with intricately patterned paintings and beaded punching bags set against a patterned wallpaper. The solo booth is by Jeffrey Gibson, a New York artist who is of Native American Choctaw and Cherokee heritage, and shows his signature reworking of forms of patterns and motifs.
“I'm constantly reinventing and morphing my own language,” he tells The National. “The original inspiration was looking at geometric abstraction and tribal painting, going back hundreds of years — painting on hides and tepee covers.
"The difference being that modernist geometric abstraction is oftentimes about not having content, and then with indigenous geometric abstraction, it's all about how they can represent narratives and identities and plants and families and colour and shape. So I'm always thinking about how to inject some sort of content into this language.”
Stephen Friedman; Frieze London booth; until October 16
Indra’s Net
Frieze has tapped Sandhini Poddar, adjunct curator at the Guggenheim Abu Dhabi, for a curated section of the fair. Poddar used the idea of Indra’s Net, a Buddhist and Hindu term that gestures towards co-dependency and compassion, as her curatorial concept: a “gentler and more poetic” way to encapsulate the current moment, says Poddar, than terms like “planetary emergency”.
The 19 artists are shown in a special section of individual gallery booths, such as Martha Atienza’s exploration of indigenous fishing traditions in the Philippines, or Tuan Andrew Nguyen’s construction of a bodhisattva out of brass artillery shells found across Vietnam.
Indra’s Net, Frieze London, until October 16
Osman Yousefzada
Artist and designer Osman Yousefzada used the excitement around Frieze to raise money for Pakistan, which has been hit by devastating floods.
In a sprawling party at the Aubrey at Knightsbridge’s Mandarin Oriental Hyde Park, he offered prints by 10 artists from Pakistan and its diaspora, including Shezad Dawood, Haroon Mirza, Faiza Butt, himself and others, for £100 ($112) each.
The initiative is still live, making it perhaps the only affordable art to buy in London right now, and an excellent way to support literary relief agencies in the South Asian country.
More information is available at @artists_emergency on Instagram
Sonia Balassanian
Ab-Anbar gallery, in a showing at Cromwell Place, presents a major survey of five decades of work by the Iranian-American artist Sonia Balassanian. Curated by Sharjah Art Foundation’s Omar Kholeif, the show encompasses her gestural, abstract paintings — evocative of minimalist compositions — as well as the work she made in response to the Iranian Revolution.
Politics entered the frame as she agitated for women’s rights, in a struggle that continues today. Though she has been often referred to in art histories of the region, the Ab-Anbar presentation allows for a chance to see the breadth of her work as it responded to art historical and social currents.
Sonia Balassanian: Five Decades in the Making, Ab-Anbar; Cromwell Place, South Kensington; until October 16
Maitha Abdalla
Tabari Artspace, in a pop-up venue at the gallery complex Cromwell Place, exhibits a substantial show of paintings by Emirati artist Maitha Abdalla.
The result of her three-month residency in London, supported by Admaf and An Effort studios, she shows major, confident new large-scale paintings, as well as a suite of newer, more intimate landscape scenes that suggest an air of deliberate intimacy.
Though her practice is now far advanced, there are sudden shades of Mohamed Al Mazrouei here, her old mentor who took her under his wing while she was still a student. Abdalla also introduces a new character into her cast of characters inspired by Arabian folklore: the donkey, who brays when the devil is around.
INT. The Body — Sunrise is at Tabari Artspace; Cromwell Place; until October 16
Jumana Manna
The London gallery Hollybush Gardens presents Foragers, by Palestinian artist Jumana Manna. The video follows local Palestinian villagers who collect akkoub, za’atar, and other wild herbs, while highlighting how these ancient practices have been criminalised by the Israeli government, which seeks to control the production and market of these goods.
It also explores how humans and the natural world depend on one another: the herbs need to plucked and won’t grow as tall without this human intervention.
Jumana Manna: Foragers; Hollybush Gardens; until November 19
Marwa Arsanios
The Mosaic Rooms is hosting Lebanese artist Marwa Arsanios’s first institutional show in London, presenting her works on social and ecological violence.
From Beirut’s rubbish crisis of 2015 to the invisible labour provided by the country's domestic workers, Arsanios highlights the difficult, uninviting work that is done at the margins to keep a society of consumption moving — and what happens when these systems fall apart.
Arsanios also shows the latest chapter in her quadrilogy, Who Is Afraid Of Ideology: Part 4 Reverse Shot, which looks at how the land can be used collectively rather than as the property of one person or entity. The work is part of a larger project which aims to facilitate the transfer of land in northern Lebanon to common ownership.
Marwa Arsanios: Reverse Shot; Mosaic Rooms; until January 22
Lawrence Abu Hamdan
Hot off his big Sharjah Art Foundation survey, the Lebanese-British artist debuts his latest film, 45th Parallel. The work, in Abu Hamdan’s signature mode of methodical, patient build-up, explores issues of national jurisdictions in prosecuting crimes.
What happens if a policeman stands in the US and shoots someone in Mexico? Is his bullet considered an extension of himself, despite its flight across a border? And what do these questions of liability mean for other examples of remote aggression, such as US drone strikes? Shown at Spike Island, in the western English city of Bristol, the video is yet another example of Abu Hamdan’s uncompromising, perspicacious eye.
Lawrence Abu Hamdan: 45th Parallel; Spike Island in Bristol; until January 29
Scroll through more images of Maitha Abdalla's London exhibition below
If you go
The flights
There are direct flights from Dubai to Sofia with FlyDubai (www.flydubai.com) and Wizz Air (www.wizzair.com), from Dh1,164 and Dh822 return including taxes, respectively.
The trip
Plovdiv is 150km from Sofia, with an hourly bus service taking around 2 hours and costing $16 (Dh58). The Rhodopes can be reached from Sofia in between 2-4hours.
The trip was organised by Bulguides (www.bulguides.com), which organises guided trips throughout Bulgaria. Guiding, accommodation, food and transfers from Plovdiv to the mountains and back costs around 170 USD for a four-day, three-night trip.
RESULT
Shabab Al Ahli Dubai 0 Al Ain 6
Al Ain: Caio (5', 73'), El Shahat (10'), Berg (65'), Khalil (83'), Al Ahbabi (90' 2)
Mubalada World Tennis Championship 2018 schedule
Thursday December 27
Men's quarter-finals
Kevin Anderson v Hyeon Chung 4pm
Dominic Thiem v Karen Khachanov 6pm
Women's exhibition
Serena Williams v Venus Williams 8pm
Friday December 28
5th place play-off 3pm
Men's semi-finals
Rafael Nadal v Anderson/Chung 5pm
Novak Djokovic v Thiem/Khachanov 7pm
Saturday December 29
3rd place play-off 5pm
Men's final 7pm
LAST-16 EUROPA LEAGUE FIXTURES
Wednesday (Kick-offs UAE)
FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm
Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm
Inter Milan v Getafe (one leg only) 11pm
Manchester United (5) v LASK (0) 11pm
Thursday
Bayer Leverkusen (3) v Rangers (1) 8.55pm
Sevilla v Roma (one leg only) 8.55pm
FC Basel (3) v Eintracht Frankfurt (0) 11pm
Wolves (1) Olympiakos (1) 11pm
MATCH INFO
Schalke 0
Werder Bremen 1 (Bittencourt 32')
Man of the match Leonardo Bittencourt (Werder Bremen)
WHAT ARE NFTs?
Non-fungible tokens (NFTs) are tokens that represent ownership of unique items. They allow the tokenisation of things such as art, collectibles and even real estate.
An NFT can have only one official owner at one time. And since they're minted and secured on the Ethereum blockchain, no one can modify the record of ownership, not even copy-paste it into a new one.
This means NFTs are not interchangeable and cannot be exchanged with other items. In contrast, fungible items, such as fiat currencies, can be exchanged because their value defines them rather than their unique properties.
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.”
MATCH INFO
Newcastle 2-2 Manchester City
Burnley 0-2 Crystal Palace
Chelsea 0-1 West Ham
Liverpool 2-1 Brighton
Tottenham 3-2 Bournemouth
Southampton v Watford (late)
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
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