Alec Baldwin expects no charges over fatal 'Rust' film set accident


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Alec Baldwin said he does not believe anyone will be criminally charged over the fatal shooting on the set of the film Rust, telling CNN he has hired a private investigator to assess culpability for the tragedy.

Cinematographer Halyna Hutchins died after being hit by a live round that came from a gun Baldwin was holding as he rehearsed on the New Mexico set of the low-budget film last October.

A criminal investigation into the shooting is ongoing and prosecutors have not yet ruled out charges against those involved.

“I sincerely believe … [investigators are] going to say that this was an accident. It's tragic,” said Baldwin in a rare interview about the episode, a portion of which was aired on Friday.

Baldwin told CNN he had replayed the events leading up to the shooting over and over for the past 10 months.

While insisting he does not want to “condemn” Hannah Gutierrez-Reed, the film set's armourer and props assistant, Baldwin pointed the finger at her and assistant director Dave Halls, who handed him the gun moments before the shooting.

“Someone put a live bullet in the gun who should have known better,” Baldwin said.

“That was [Gutierrez-Reed's] job. Her job was to look at the ammunition and put in the dummy round or the blank round, and there wasn't supposed to be any live rounds on the set.

“There are two people who didn't do what they were supposed to do.

“I'm not sitting there saying I want them to, you know, go to prison, or I want their lives to be hell.

“I don't want that, but I want everybody to know that those are the two people that are responsible for what happened.”

Baldwin, who was both the star and a producer of Rust, has been the subject of a number of civil lawsuits over the shooting, including from Hutchins's family.

He has previously said he was told the gun contained no live ammunition, had been instructed by Hutchins to point the gun in her direction, and did not pull the trigger.

But a recent FBI forensic report concluded that the gun could not have been fired “without a pull of the trigger.”

Meanwhile, Ms Gutierrez-Reed has sued the film's ammunition supplier, accusing him of leaving real bullets among the dummy cartridges.

On Thursday, her lawyer criticised the FBI for failing to carry out DNA or fingerprint testing to establish who had handled the live rounds found on set.

“It is inconceivable that the sheriff would not seek answers to this fundamental question and it raises a serious problem with the entire investigation,” said a statement from Jason Bowles, lawyer for Ms Gutierrez-Reed.

Following Baldwin's latest interview, lawyers for both Gutierrez-Reed and Halls told CNN that the actor was trying to deflect blame away from himself.

Baldwin also used the CNN interview to address former US president Donald Trump's public intimation that he could have killed Hutchins on purpose.

Mr Trump last year told a podcast that Baldwin — who frequently impersonated and ridiculed the president on the comedy show Saturday Night Live — was a “troubled guy”, suggesting that “maybe he loaded” the gun.

The actor told CNN he was consequently worried that some of Mr Trump's supporters would “come and kill me”.

“Here was Trump, who instructed people to commit acts of violence, and he was pointing the finger at me and saying I was responsible for the death,” said Baldwin.

“There is just this torrent of people attacking me who don't know the facts.”

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Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

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Sector: E-commerce 

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Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

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5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

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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.

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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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