Bafta Awards 2021: 'Nomadland' leads winners at the London film awards ceremony

It was Nomadland's night at the 74th British Academy Film Awards. The film picked up four of the seven awards it was nominated for: Best Film, Best Leading Actress, Best Director and Best Cinematography.

Ma Rainey's Black Bottom, Promising Young Woman and Sound of Metal won two awards a piece, as did Rocks Soul and The Father.

The full list of 2021 Bafta Award winners:

Best Film

WINNER: Nomadland

The Father

The Mauritanian

Promising Young Woman

The Trial of the Chicago 7

Outstanding British Film

WINNER: Promising Young Woman

Calm with Horses

The Dig

The Father

His House

Limbo

The Mauritanian

Mogul Mowgli

Rocks

Saint Maud

Best Leading Actress

WINNER: Frances McDormand, Nomadland

Bukky Bakray, Rocks

Radha Blank, The Forty-Year-Old Version

Vanessa Kirby, Pieces of a Woman

Wunmi Mosaku, His House

Alfre Woodard, Clemency

Best Supporting Actress

WINNER: Yuh-Jung Youn, Minari

Niamh Algar, Calm with Horses

Kosar Ali, Rocks

Maria Bakalova, Borat Subsequent Moviefilm

Dominique Fishback, Judas and the Black Messiah

Ashley Madekwe, County Lines

Best Leading Actor

WINNER: Anthony Hopkins, The Father

Riz Ahmed, Sound of Metal

Chadwick Boseman, Ma Rainey's Black Bottom

Aarsh Gourav, The White Tiger

Mads Mikkelsen, Another Round

Tahar Rahim, The Mauritanian

Best Supporting Actor

WINNER: Daniel Kaluuya, Judas and the Black Messiah

Alan Kim, Minari

Barry Keoghan, Calm with Horses

Leslie Odom Jr, One Night in Miami

Clarke Peters, Da 5 Bloods

Paul Raci, Sound of Metal

EE Rising Star Award

Winner: Bukky Bakray

Conrad Khan

Kingsley Ben-Adir

Morfydd Clark

Sope Dirisu

Best Director

WINNER: Chloe Zhao, Nomadland

Thomas Vinterberg, Another Round

Shannon Murphy, Babyteeth

Lee Isaac Ghung, Minari

Jasmila Zbanic, Quo Vadis, Aida?

Best Adapted Screenplay

WINNER: The Father

The Dig

The Mauritanian

Nomadland

The White Tiger

Best Original Screenplay

WINNER: Promising Young Woman

Another Round

Mank

Rocks

The Trials of the Chicago 7

Best Animated Film

WINNER: Soul

Onward

Wolfwalkers

Best Film Not in the English Language

WINNER: Another Round

Dear Comrades!

Les Miserables

Minari

Quo Vadis, Aida?

Outstanding Debut by a British Writer, Director or Producer

WINNER: His House

WINNER: Tenet

Greyhound

The Midnight Sky

Mulan

The One and Only Ivan

Best British Short Animation

WINNER: The Owl and The Pussycat

The Fire Next Time

The Song of a Lost Boy

Best British Short Film

WINNER: The Present

Eyelash

Lizard

Lucky Break

Miss Curvy

Outstanding Contribution to Cinema

WINNER: Noel Clarke

Bafta Academy Fellowship

WINNER: Ang Lee

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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Bafta Awards 2021: 'Nomadland' leads winners at the London film awards ceremony

All of the films that took home awards at the 2021 British Academy Film Award

The full list of 2021 Bafta Award winners:

Best Film

Outstanding British Film

Best Leading Actress

Best Supporting Actress

Best Leading Actor

Best Supporting Actor

EE Rising Star Award

Best Director

Best Adapted Screenplay

Best Original Screenplay

Best Animated Film

Best Film Not in the English Language

Outstanding Debut by a British Writer, Director or Producer

Best Documentary

Best Original Score

Best Sound

Best Casting

Best Cinematography

Best Editing

Best Production Design

Best Make-up and Hair

Best Costume Design

Best Special Visual Effects

Best British Short Animation

Best British Short Film

Outstanding Contribution to Cinema

Bafta Academy Fellowship

On Women's Day