It might be the least smooth entrance of John Legend’s career. “I’ve never done this on my phone before,” admits the soulful crooner, as he presses record and his slightly flustered face fills the screen. Such is pop star life in the time of Covid-19.
Legend’s low-key concert – streamed live on Instagram late last month and still available online – supported the worthy new campaign #TogetherAtHome, in which live-streaming stars encourage people to also stay in and stay safe.
The All of Me singer's improvised, interactive show also featured his wife Chrissy Teigen and daughter Luna: good famous-family fun. But some YouTube comments were less jolly.
Are celebrity musical concerts creative or tactless?
“No time for these fake 2,” wrote one disgruntled viewer, while others declared that Teigen needed to be the “centre of attention” and that Legend is “a sell-out”.
That seemed oddly harsh, but naysayers will need to get attuned to family-interrupted concerts as the global lockdown continues. A diverse selection of homespun performances has been uploaded in recent weeks, and it’s spreading, although those performances will invariably divide opinion. Broadcasting from a huge, luxurious living room can seem tactlessly egotistical right now.
Cult US singer-songwriter Mishka Shubaly is one sceptical onlooker. “It’s funny, as all this was unfolding, I was like: ‘Here it comes, who’s going to be the first rock star to try to turn this global tragedy into a way to ... oh, hello Bono.’”
U2’s frontman was an early entry on to the viral stage, performing a quickly written song for coronavirus-stricken Italy.
Shubaly, meanwhile, has turned home performances into a highly personal, positive experience. He usually makes a living touring the US and Europe, so the virus shutdown has hit him particularly hard. “I think I’ll be out around $10,000 [Dh36,725] in fees and merchandise sales,” he says.
$100 for a virtual, one-on-one concert
The gruff, gritty singer had already found a novel outlet during the Christmas holidays, however, making personalised songs as gifts (“I love how it’s kind of anti-consumerist, you can’t buy that on Amazon”), and now he’s turning to gigs.
For $100, I'll perform for an hour. You can pick the set list out of any of my songs, I can teach you how to play my songs ... Hell, you can just cry to me about how you got dumped recently
“I want to work for my money. So I came up with the idea of doing live, one-on-one streaming shows for fans. For $100, I’ll perform for an hour. You can pick the set list out of any of my songs, I can teach you how to play my songs, we can jam on them together, you can interrogate me about how or why I wrote them. Hell, you can just cry to me about how you got dumped recently.” Shubaly has also offered to play free songs for fans suffering from Covid-19.
Many other stay-home musicians are also using their time well. Hozier, BTS and Courtney Barnett are among the acts streaming live for various charities, while American singer-songwriter Jewel’s at-home version of her annual children’s benefit concert was drolly retitled: Live from San Quarantine.
The multi-performer affair: recipe for virtual disaster?
Sometimes the show does go on; classically trained singer and comedian Sooz Kempner already uses fake Skype calls in her live gigs: the "callers" are actually pre-filmed clips of Kempner in character, whom she cleverly duets with. Now, a London cabaret night, Saturday Supershow, is trying that for real: two performers, one pianist, all in separate houses.
“It’s very complicated and I’m glad I’m not in charge of the streaming,” says Kempner. “Through the magic of webcams and mics we’ll hopefully be able to sing solos and duets, all professionally mixed at the other end by the producer.” These cabaret shows are free, with an option to “tip” the artists afterwards. But will remote duets work?
“It could go in many directions,” Kempner admits. “Will I just be pixelated, emitting bleeps and blips to a baffled global audience?”
Multi-performer affairs can backfire, after all. Gal Gadot's star-studded version of John Lennon's Imagine was widely mocked, albeit well intentioned, and social distancing is conjuring innovative projects – popular Melbourne punk trio Camp Cope are coping with no live shows through virtual gigging.
“There’s been two weekends of full-day festivals here, via Instagram, which has been really nice, just something to bring a few people together,” says drummer Sarah Thompson.
One event, organised by US musician Erica Freas and UK label Specialist Subject, was a logistically challenging transcontinental affair – with bands from the UK, US and Australia logging on and plugging in. Again, that fest was free, and more about keeping bands and fans together in troubled times, with viewers directed to the performers’ websites and shops.
“It definitely feels weird playing to ‘no one’ even though you’re kind of playing to heaps of people,” Thompson says, but it’s “nice to feel like we were hanging out again from afar. It’s definitely been good for a lot of people’s mental health, I think.”
The challenges of a home concert
Many home shows would be worth catching anyway. Death Cab for Cutie’s Ben Gibbard and Christine and the Queens’ Heloise Letissier have streamed regularly, with the latter swaying around the studio and the former strumming at home. And electronica troubadour James Blake did a particularly likeable Legend-like session, covering Radiohead and Billie Eilish, over Instagram. “Thank you to the 27k people who joined the little concert from our piano,” tweeted Jameela Jamil, Blake’s partner and occasional heckler.
Proper full-length concerts can take some planning. Norwegian pianist Lars Jakob Rudjord recently released a gorgeous album with an apt title, Let Tomorrow Be Better. Unable to stage a live launch party, he streamed one from his lounge.
House concerts offer different challenges, “especially when you have to be quiet ‘backstage’ so you don’t wake your kids”, Rudjord ruefully recalls. He spent a week practising the songs and technology, but still suffered sound issues early on. Not that he realised.
The kind of community that arises from these live-stream concerts is supercool. I had fans from all over the world watching, more than expected – they didn't catch a word of my Norwegian
“My wife was practically jumping up and down behind the glass door,” he says, with a laugh. An awkwardly placed microphone meant the usually classy musician then “had to lean over the grand piano, like a complete dork”.
That show eventually proved rather successful, however, with a much wider reach than a regular gig. He plans more soon – but will introduce the songs in English.
“The kind of community that arises from these live-stream concerts is supercool,” Rudjord says. “I had fans from all over the world watching, more than expected – they didn’t catch a word of my Norwegian. And also pals from my schooldays, family members, neighbours.
“I think the way artists started doing online shows will have an impact on the music industry that will also last after the coronavirus crisis is over. Hopefully new good things will come out of this.”
Played well, such shows can spread good vibes, and an important message. Going viral was never so vital.
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Stage result
1. Pascal Ackermann (GER) Bora-Hansgrohe, in 3:29.09
2. Caleb Ewan (AUS) Lotto-Soudal
3. Rudy Barbier (FRA) Israel Start-Up Nation
4. Dylan Groenewegen (NED) Jumbo-Visma
5. Luka Mezgec (SLO) Mitchelton-Scott
6. Alberto Dainese (ITA) Sunweb
7. Jakub Mareczko (ITA) CCC
8. Max Walscheid (GER) NTT
9. José Rojas (ESP) Movistar
10. Andrea Vendrame (ITA) Ag2r La Mondiale, all at same time
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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Dirham Stretcher tips for having a baby in the UAE
Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:
• Buy second hand stuff
They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.
• Get a health card and vaccinate your child for free at government health centres
Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.
• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.
Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.
• Once baby is ready for solids, cook at home
Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.
MATCH INFO
Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid
Profile Periscope Media
Founder: Smeetha Ghosh, one co-founder (anonymous)
Launch year: 2020
Employees: four – plans to add another 10 by July 2021
Financing stage: $250,000 bootstrap funding, approaching VC firms this year
Investors: Co-founders