Desert Trip festival-goers ranged from baby boomers to millennials as music fans gathered at the Empire Polo Club, Palm Springs, to watch six legendary rock acts play. Mark Ralston / AFP.
Desert Trip festival-goers ranged from baby boomers to millennials as music fans gathered at the Empire Polo Club, Palm Springs, to watch six legendary rock acts play. Mark Ralston / AFP.

Desert Trip: Baby boomers and millennials rock out at record-breaking music festival



The dream rock festival line-up has always been the perennial source of good-natured debate. The banter derives from the impossibility of such an event actually taking place. So what happens when the dream becomes a reality? Is the fact that you are there to witness such a hallowed gathering enough, regardless of the performances? What about the artists: would they have any competitive spirit left since long conquering the rock summit?

The answers were a bit of both during my time at the inaugural Desert Trip festival. Promoters Goldenvoice, the team behind the uber-hipster Coachella festival, shocked the industry earlier in the year by corralling six legendary acts to perform two sets of weekend shows – from October 7 to 9 and October 14 to 16 – at the Empire Polo Club in the California desert city of Palm Springs.

The line-up was truly mind-boggling: Friday’s shows paired up The Rolling Stones with Bob Dylan. The following night Paul McCartney and Neil Young shared the stage. The event was capped by The Who and Roger Waters. It was an event that encompassed hundreds of years of music history through their careers.

Considering all six acts could headline a festival single-handedly, this so-called “game-changing” festival could also be dubbed wallet-busting. Three-day tickets ranged from US$400 dollars (Dh1,470) to a whopping $1,599 (Dh5,870). Add in the extra charges of parking, the shuttle bus service and food, and you are pretty much looking at a four-digit deficit.

“It just needed to be done,” says festival-goer Angela Masters, who flew in from Manchester, England. We are standing on green, manicured grass among a plethora of food trucks, waiting for Young to get started. The foods on offer are eclectic and instagrammable: from Cuban sandwiches and vegan tacos to Jamaican jerk chicken and New York-style pizzas. We both indulged in a decent sized lobster roll (Dh65) as fans streamed past.

A quick impression on the threads and you sense the clothing styles correlated with the demographics – a mix of baby boomers and millennials. Basically, those who were not born when any of these artists released their first albums dressed up in what they deemed as “vintage rock gear”. Plenty of leather jackets with tassels were spotted, plus faux stained headbands, a motorcycle mask and hair streamers. The older set looked as if they were going out for a round of golf or catching a tennis match – it was a fiesta of loafers and obscenely bright polo shirts.

“Don’t mention the ticket prices. I kind of blocked that out,” Masters says, with a nervous laugh. “Take into the fact that I flew in here and stayed in a hotel – I get sick thinking of how much money it all is. But I just felt that this is a historic moment that I can tell my kids that I was part of.”

Others offered a more stark assessment.“Well, a few could die any minute and that won’t be a total surprise, right?” says Trent Hale, a sprightly 32-year-old, who made the trek over from Memphis. “I feel like I am in a real life rock‘n’roll hall of fame museum and its pretty cool to celebrate them all together.”

The thrill of being there was not only limited to the general public. In the “Diamond Lounge”, a small hamlet of a VIP area at the side of the stage, complete with couches, a food stand selling vegan quiches and free trade espressos, a stream of A-lister stars arrived. On the opening night, Cindy Crawford and her 14-year-old daughter dug into snacks as they awaited the Stones. On Saturday, an all-black-clad Benicio del Toro was spotted huddled among a small group of friends, while Michael Douglas and his wife Catherine Zeta-Jones also mingled.

The festival also marked the opportunity for Mick Jagger’s daughter, Georgia May, to spend some family time with her dad. The 24-year-old model joined our group of journalists over a lunch sponsored by British Airways, for whom she is a brand ambassdor. She gave us some tips on how to dress snappily at the festival. “You need a mixture of utility and style,” she said, before adding that vitamin C was also helpful.

As for the music itself? No surprises there. The Rolling Stones were a class act as always. Neil Young rocked and jabbered on about the environment. Paul McCartney never gets tired of singing Beatles songs and The Who’s Pete Townshend reminded the crowd that his band were “the Rihanna of our time”.

In response to the all-male line-up, discussions have now started on an all-vintage female line-up for a future event. Let the next round of guessing games begin.

Saeed Saeed is editor of The National’s Arts and Life section.

Asia Cup Qualifier

Venue: Kuala Lumpur

Result: Winners play at Asia Cup in Dubai and Abu Dhabi in September

Fixtures:

Wed Aug 29: Malaysia v Hong Kong, Nepal v Oman, UAE v Singapore

Thu Aug 30: UAE v Nepal, Hong Kong v Singapore, Malaysia v Oman

Sat Sep 1: UAE v Hong Kong, Oman v Singapore, Malaysia v Nepal

Sun Sep 2: Hong Kong v Oman, Malaysia v UAE, Nepal v Singapore

Tue Sep 4: Malaysia v Singapore, UAE v Oman, Nepal v Hong Kong

Thu Sep 6: Final

 

Asia Cup

Venue: Dubai and Abu Dhabi

Schedule: Sep 15-28

Teams: Afghanistan, Bangladesh, India, Pakistan, Sri Lanka, plus the winner of the Qualifier

THE%20SWIMMERS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ESally%20El-Hosaini%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ENathalie%20Issa%2C%20Manal%20Issa%2C%20Ahmed%20Malek%20and%20Ali%20Suliman%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills

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.”

Abaya trends

The utilitarian robe held dear by Arab women is undergoing a change that reveals it as an elegant and graceful garment available in a range of colours and fabrics, while retaining its traditional appeal.

So what is Spicy Chickenjoy?

Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
 

MATCH INFO

Chelsea 0

Liverpool 2 (Mane 50', 54')

Red card: Andreas Christensen (Chelsea)

Man of the match: Sadio Mane (Liverpool)

RESULTS: 2018 WORLD CUP QUALIFYING - EUROPE

Albania 0 Italy 1
Finland 2 Turkey 2
Macedonia 4 Liechtenstein
Iceland 2 Kosovo 0
Israel 0 Spain 1
Moldova 0 Austria 1
Serbia 1 Georgia 0
Ukraine 0 Croatia 2
Wales 0 Ireland 1