From left, Khloe Kardashian, Kim Kardashian West and their mother Kris Jenner accept the Reality Show of 2021 Award for ‘Keeping Up with the Kardashians' at the 2021 People's Choice Awards held in Santa Monica, California, on December 7, 2021. Getty Images
From left, Khloe Kardashian, Kim Kardashian West and their mother Kris Jenner accept the Reality Show of 2021 Award for ‘Keeping Up with the Kardashians' at the 2021 People's Choice Awards held in Santa Monica, California, on December 7, 2021. Getty Images
From left, Khloe Kardashian, Kim Kardashian West and their mother Kris Jenner accept the Reality Show of 2021 Award for ‘Keeping Up with the Kardashians' at the 2021 People's Choice Awards held in Santa Monica, California, on December 7, 2021. Getty Images
From left, Khloe Kardashian, Kim Kardashian West and their mother Kris Jenner accept the Reality Show of 2021 Award for ‘Keeping Up with the Kardashians' at the 2021 People's Choice Awards held in San

'The Kardashians': first teaser trailer revealed for family's new reality show


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The first teaser for the new Kardashian-Jenner reality show has been unveiled.

The famous siblings have signed a deal with US streaming service Hulu for a new series, which will be available on Disney+ in the UK.

Keeping Up with the Kardashians came to an end in June 2021 after 14 years and 20 seasons of the show, which became a pop-culture juggernaut after launching in 2007 with a cast made up of the sisters, then largely unknown.

The Kardashian-Jenners, headed up by matriarch and "momager" Kris Jenner, now preside over vast business empires worth billions and are among the world's most famous celebrities.

Kim Kardashian West has previously said new developments in their lives – including sister Kourtney's relationship with rock star Travis Barker – will be "fun" to see during the filming of the new show.

She also previously hinted that filming for the new show started in September, three months after the end of Keeping Up with the Kardashians.

Kourtney and Barker got engaged in October, meaning the proposal could feature in the new series.

A teaser for the programme, titled The Kardashians, features the famous women – Kim, Kourtney and their sister Khloe, as well as Jenner and her daughters from her second marriage, Kendall and a pregnant Kylie, being photographed from the back, before they all appear on screen to say: "Happy new year everyone."

Text on the screen says: "When the countdown to the New Year ends, the countdown to the new show begins."

Kylie Jenner announced she is expecting her second child with Travis Scott in September, so her pregnancy is also likely to feature in the series.

It is not yet known if the romance between Kim, who filed for divorce from husband Kanye West last year, and comedian Pete Davidson will be a storyline.

Disney+ said the show is "coming soon".

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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.”

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Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Updated: January 02, 2022, 6:16 AM