From left, Matt Damon, Emily Blunt, Cillian Murphy and Florence Pugh attend the UK premiere of Oppenheimer in London. EPA
From left, Matt Damon, Emily Blunt, Cillian Murphy and Florence Pugh attend the UK premiere of Oppenheimer in London. EPA
From left, Matt Damon, Emily Blunt, Cillian Murphy and Florence Pugh attend the UK premiere of Oppenheimer in London. EPA
From left, Matt Damon, Emily Blunt, Cillian Murphy and Florence Pugh attend the UK premiere of Oppenheimer in London. EPA

Emily Blunt and Matt Damon walk out of Oppenheimer premiere due to Sag-Aftra strike


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Cillian Murphy, Emily Blunt and Matt Damon were among stars who staged a walkout from the UK premiere of Oppenheimer to join the SAG-AFTRA strike on Thursday.

The launch of Christopher Nolan's historical epic started an hour ahead of a SAG-AFTRA press conference in Los Angeles, which began a historic strike by the actors' union in Hollywood.

The expected announcement cast a shadow over the London film premiere at the Odeon Luxe in Leicester Square, with the film's major stars including Florence Pugh, Robert Downey Jr, Sir Kenneth Branagh and Rami Malek leaving before the screening of the film.

“I have to acknowledge the work of our incredible cast, led by Cillian Murphy,” Nolan said.

“Unfortunately, they are off to write their picket signs for what we believe to be an imminent strike by SAG, joining one of my guilds, the Writers Guild, in the struggle for fair wages for working members of their union.”

Pugh told PA that the cast felt lucky to attend the premiere before the strike was announced, but they were proud to strike.

“We feel both lucky, that we got to squeeze this in, and also lucky that we get to stand by our peers in a decision that is made,” she said.

Ahead of the screening, Blunt warned that the cast would be leaving “in unity” if the strike was announced.

“I hope everyone makes a fair deal and we are here to just celebrate this movie,” she told Deadline in an interview. “We'll be leaving together as a cast in unity with everyone.”

The strike news comes after the US union and Hollywood studios failed to reach an agreement after more than four weeks of negotiations, with actors wanting better pay and increased safeguarding around AI rights among their demands.

It is now expected that the strike will affect coming award shows, premieres, events and film festivals around the world, including the Toronto and Venice film festivals, and the 75th Emmys.

  • Cillian Murphy plays the titular J Robert Oppenheimer in the film written, produced and directed by Christopher Nolan. All Photos: Universal Pictures
    Cillian Murphy plays the titular J Robert Oppenheimer in the film written, produced and directed by Christopher Nolan. All Photos: Universal Pictures
  • Matt Damon plays Leslie Groves in Oppenheimer
    Matt Damon plays Leslie Groves in Oppenheimer
  • Damon, left, and Murphy in the film
    Damon, left, and Murphy in the film
  • Florence Pugh as Jean Tatlock and Murphy
    Florence Pugh as Jean Tatlock and Murphy
  • Robert Downey Jr plays Lewis Strauss
    Robert Downey Jr plays Lewis Strauss
  • Josh Hartnett as Ernest Lawrence
    Josh Hartnett as Ernest Lawrence
  • Emily Blunt as Kitty Oppenheimer
    Emily Blunt as Kitty Oppenheimer
  • From left, Murphy, Olli Haaskivi as Edward Condon, Damon and Dane DeHaan as Kenneth Nichols
    From left, Murphy, Olli Haaskivi as Edward Condon, Damon and Dane DeHaan as Kenneth Nichols
  • DeHaan in the film
    DeHaan in the film
  • Jason Clarke as Roger Robb
    Jason Clarke as Roger Robb
  • Robert Downey Jr, left, as Lewis Strauss and Matthew Modine as Vannevar Bush
    Robert Downey Jr, left, as Lewis Strauss and Matthew Modine as Vannevar Bush
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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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Uefa Champions League semi-final, first leg
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Title: General Practitioner with a speciality in cardiology

Previous jobs: Worked in well-known hospitals Jaslok and Breach Candy in Mumbai, India

Education: Medical degree from the Government Medical College in Nagpur

How it all began: opened his first clinic in Ajman in 1993

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