'Captain Marvel', featuring Brie Larson, was one of 2019's female-fronted films. Chuck Zlotnick / Marvel Studios
'Captain Marvel', featuring Brie Larson, was one of 2019's female-fronted films. Chuck Zlotnick / Marvel Studios
'Captain Marvel', featuring Brie Larson, was one of 2019's female-fronted films. Chuck Zlotnick / Marvel Studios
'Captain Marvel', featuring Brie Larson, was one of 2019's female-fronted films. Chuck Zlotnick / Marvel Studios

Record number of female leads featured on movie screens in 2019, study finds


Emma Day
  • English
  • Arabic

In the midst of #BaftasSoWhite, as the British awards ceremony shortlisted no female director nor any actors of colour in its main category nominations, Hollywood doesn't feel particularly diverse.

However, according to a new study, 2019 was in fact the year that featured the highest representation of female leads on the big screen.

The annual It’s a Man’s (Celluloid) World report found that of the year's top-grossing films, 40 per cent contained female protagonists, a new record since the study began in 2002.

That figure jumped from 31 per cent in 2018, which was already a spike from just 24 per cent in 2017. In 2019, females also accounted for 37 per cent of major characters, whether protagonist or antagonist, which was a 1 per cent leap from 2018.

The study, which is compiled by the Centre for the Study of Women in Television and Film at San Diego State University, also ascertained that in 2019's top-grossing films, 43 per cent featured male protagonists, just pipping their female counterparts to the post. The remaining 17 per cent of films were fronted by mixed-sex or ensemble casts.

Females, however, made up just 34 per cent of all speaking characters, the study found, which is a 1 per cent fall from 2018.

Elle Fanning and Angelina Jolie starred in 2019's ‘Maleficent: Mistress of Evil’. Disney
Elle Fanning and Angelina Jolie starred in 2019's ‘Maleficent: Mistress of Evil’. Disney

Women of colour also didn't fare so well, with the percentage of black actresses in speaking roles falling from 21 per cent in 2018 to 20 per cent in 2019. Equally, the percentage of Latin actresses in speaking roles dropped from 5 per cent to 4 per cent in that same year, as did the number of Asian females in speaking roles, which fell from 10 per cent to 7 per cent.

The study analyses more than 2,300 characters featured in 2019's 100 top-grossing films in the US. The top-grossing films in the list include Avengers: Endgame, the Brie Larson-fronted Captain Marvel, Joker and Maleficent: Mistress of Evil, starring Angelina Jolie.

The It’s a Man’s (Celluloid) World report, which is in its 18th year, has "considered the representation of more than 20,000 characters appearing in approximately 900 films" since it began.

When the first report was released in 2002, female leads made up just 16 per cent of the year's top-grossing films. The lowest year on record was in 2011, when female representation was just 11 per cent.

RESULTS
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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.”

Innotech Profile

Date started: 2013

Founder/CEO: Othman Al Mandhari

Based: Muscat, Oman

Sector: Additive manufacturing, 3D printing technologies

Size: 15 full-time employees

Stage: Seed stage and seeking Series A round of financing 

Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now. 

Persuasion
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Company profile

Company name: Dharma

Date started: 2018

Founders: Charaf El Mansouri, Nisma Benani, Leah Howe

Based: Abu Dhabi

Sector: TravelTech

Funding stage: Pre-series A 

Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs

Bio:

Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour

Favourite Hobby: Serving poor people 

Favourite Book: The Alchemist by Paulo Coelho

Favourite food: Fish and vegetables

Favourite place to visit: London