The streaming era has certainly thrown up some surprise hit shows and films that, previously, would have been restricted to success in their home territories. In the pre-digital world, it’s virtually unthinkable that global smash hits such as Netflix’s South Korean drama Squid Game or the Spanish hit La Casa de Papel (Money Heist) would have achieved anything like the kind of worldwide success they did.
Servant of the People looks like it could be the next big breakout hit, which is perhaps a little strange given that it’s a seven-year-old TV sitcom that finished its run on Ukrainian TV in 2019. This becomes less strange, however, when we point out that its star is currently one of the most recognisable faces in the world — Ukrainian President Volodymyr Zelenskyy.
The show has sparked something of a belated rush from international broadcasters and streaming services, with MBC in the Middle East, All 4 in the UK, and Arte in both the German and French markets picking up the show since the events in Ukraine took over our newspapers and TVs.
Netflix actually used to hold the rights to the show in several international markets, including the US, but that was in the days before most of us had heard of Zelenskyy. Its ownership has currently lapsed, although American viewers can still watch the show on YouTube, and it would be no surprise to find the streaming major picking US rights up once more, given Zelenskyy’s growing global fame.
Servant of the People is uncannily prescient. It tells the story of an everyday schoolteacher with no political experience, who becomes the president of Ukraine almost by accident when a clip of him berating corruption in the country goes viral.
Four years after the show’s 2015 debut, Zelenskyy, another man with no political experience, found himself standing for election, and winning, for his new party, also called Servant of the People, on an anti-corruption ticket.
This strangely circular tale of quirky, self-fulfilling prophecy picked up some media attention outside Ukraine at the time, but nothing like the level of fame recent events have thrust upon the comic-turned-politician, though he’d probably gladly swap the international fame for a return to some degree of normality for his country.
Zelenskyy’s fame may be new to global audiences, but to Ukrainian and Russian viewers, he’s been a familiar face for more than two decades. Much has been made in recent weeks of Zelenskyy’s role voicing the marmalade-loving, nomadic bear in the Ukrainian versions of the Paddington movies (2014 and 2017).
That may be his most instantly recognisable screen adventure internationally, but his rise to regional fame began in the 1990s when he was part of a team that won the long-running Russian TV comedy competition Klub Vesyolykh i Nakhodchivykh, or KVN for short.
This story, having begun on Russian TV, may seem incongruous in light of current events, but in fact, most of the now-president’s TV and film work over the course of a two-and-a-half decade career has been in Russian.
Ukraine has a significant Russian-speaking minority, and like most former Soviet states, most of its population speak Russian to a good level anyway. It makes simple economic sense for Ukrainian producers to make films in a language that can also be understood by the much larger neighbouring market, particularly when Ukrainian, Baltic, Kazakh and Russian actors frequently appear in the same productions, with Russian as their common language.
Zelenskyy’s films, including the romcom 8 First Dates, its two sequels and Love in Vegas, have even picked up nominations and wins at the Russian National Movie Awards. Zelenskyy was also an outspoken opponent of Ukrainian plans to ban Russian art and artists from the country following the 2014 annexation of Crimea, a stance which resulted in some of his own work being banned in Ukraine in 2017, and again in 2018.
Zelenskyy has been subjected to plenty of bans in Russia as well over the course of his career, including Servant of the People, which ran in Russia for precisely one day before being pulled out over a perceived slight on Russian President Vladimir Putin.
It seems incredible that a comic whose acting career is largely marked by harmless romcoms and amiable sitcoms should find himself suddenly among the world’s most important political figures.
Even his occasional sojourns into politics on screen are very much at the harmless end of the spectrum, whether playing a slapstick, womanising Napoleon in the 2012 comedy Corporal vs Napoleon, or an incredulous new president in Servant of the People, where the comedy is again more polite chortle than hard-hitting analysis.
But like Servant of the People’s President Goloborodko, Zelenskyy’s loveable, mild-mannered everyman now finds himself forced to become a strong leader in circumstances he could never have predicted.
If only his latest leading role was also fictional.
Scroll through the gallery below for pictures of art being created in support of the people of Ukraine:
Rajasthan Royals 153-5 (17.5 ov)
Delhi Daredevils 60-4 (6 ov)
Rajasthan won by 10 runs (D/L method)
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Champions parade (UAE timings)
7pm Gates open
8pm Deansgate stage showing starts
9pm Parade starts at Manchester Cathedral
9.45pm Parade ends at Peter Street
10pm City players on stage
11pm event ends
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.”
Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
Mohammed bin Zayed Majlis
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