Indian-American comedian Aziz Ansari says that films still do not feature enough diversity. "When people ask me, 'Do you think the diversity stuff is getting better?' I'm like, 'No'." he said. "There's a poster right outside our writer's room, it's one of those Nicholas Sparks books where it's just two white people just staring at each other. There have been 20 of those movies – not once is it a black woman staring into a guy's eyes. You know, everyone has romance in their lives. It's strange that every time, it's two white people falling in love." – IANS
Salman Khan’s girlfriend in no hurry to marry
Following rumours of her plans to marry actor Salman Khan, Iulia Vântur – who is said to be dating the actor – says she has no immediate plans to settle down. The Romanian TV presenter took to Instagram and Twitter to address the rumours. She wrote: "Dear friends, I didn't feel the need to react to any rumours. But now I think I should state clearly that I was never married and I am in no hurry to wear my wedding dress. God bless us all." Rumours have swirled that Vantur and Khan have been dating each other for some time, and they appeared together at actress Preity Zinta's wedding reception this month. Khan previously dated Bollywood stars Katrina Kaif, Aishwarya Rai Bachchan, Sangeeta Bijlani and Somy Ali. – IANS
Megadeth’s former drummer Nick Menza dies
Nick Menza, a former drummer with heavy-metal band Megadeth, has died at the age of 51 after collapsing on stage at a Los Angeles club. It happened while he was performing with his band OHM at the Baked Potato club in Studio City, where he lived, said family spokesman J Marshall Craig, who is also Menza's biographer. The band were performing the third song of their first set late on Saturday when Menza collapsed, Craig said. Audience members and friends tried to resuscitate him, but he died in an ambulance on the way to hospital after 25 minutes of resuscitation attempts. "Despite his excellent health and extremely active, sober lifestyle, a heart attack is his suspected, though not confirmed, cause of death," Craig said. A post-mortem will be performed, he added. Menza was the longest-serving drummer for Megadeth, from 1989 to 1998, when the band was considered to be at its height, Craig said. He recorded drums and toured on the albums Rust in Peace, Countdown to Extinction, Youthanasia and Cryptic Writings. During a 1998 tour, he discovered a tumour on his knee and was forced to leave for surgery. Megadeth hired a replacement and Menza was not asked back, the website said. – Reuters
The best is yet to come, says Randeep Hooda
Actor Randeep Hooda, who is receiving rave reviews for his role in the film Sarbjit, feels that the defining role of his career has evaded him so far. Directed by Omung Kumar, his current movie is based on the real-life story of Sarabjit Singh, an Indian villager convicted of spying and terrorism who languished in a Pakistani jail while his sister tried to secure his release. "Of course, [playing Sarabjit on screen] has been my most Herculean task," he said. "I am glad people are appreciating it but as an artiste, I would say that my best role is yet to come." Best-known for his character roles, Randeep said he enjoys the run-up to a movie more than its completion. "I like the process of preparation and rehearsal more than executing and watching it. That is the real life experience, the rest is just execution," he said. .– IANS
Shah Rukh Khan mourns the passage of time
Shah Rukh Khan was in a reminiscent mood as he posted photo collages of his children on social media to mark his daughter Suhana’s 16th birthday and his 18-year-old son Aryan’s school graduation. The 50-year-old star shared the images on Twitter, Facebook and Instagram with the caption: “Today the only negative is that my kids have grown up...now to wait till they start believing in fairy tales again.” This year, the actor, who also has a third child, Abram, said that none of his children had shown an interest in entering the world of showbiz. “None of them have jumped on the bandwagon and said that they want to start acting,” he said. “They come to my sets to understand what filmmaking is about because it’s time for them to get interested. If they get interested, then good, but if they don’t, that’s even better.” – IANS
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
PSA DUBAI WORLD SERIES FINALS LINE-UP
Men’s:
Mohamed El Shorbagy (EGY)
Ali Farag (EGY)
Simon Rosner (GER)
Tarek Momen (EGY)
Miguel Angel Rodriguez (COL)
Gregory Gaultier (FRA)
Karim Abdel Gawad (EGY)
Nick Matthew (ENG)
Women's:
Nour El Sherbini (EGY)
Raneem El Welily (EGY)
Nour El Tayeb (EGY)
Laura Massaro (ENG)
Joelle King (NZE)
Camille Serme (FRA)
Nouran Gohar (EGY)
Sarah-Jane Perry (ENG)
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
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Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
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The biog
Born: Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and fitness: she works out every day, enjoying kickboxing and basketball
Young women have more “financial grit”, but fall behind on investing
In an October survey of young adults aged 16 to 25, Charles Schwab found young women are more driven to reach financial independence than young men (67 per cent versus. 58 per cent). They are more likely to take on extra work to make ends meet and see more value than men in creating a plan to achieve their financial goals. Yet, despite all these good ‘first’ measures, they are investing and saving less than young men – falling early into the financial gender gap.
While the women surveyed report spending 36 per cent less than men, they have far less savings than men ($1,267 versus $2,000) – a nearly 60 per cent difference.
In addition, twice as many young men as women say they would invest spare cash, and almost twice as many young men as women report having investment accounts (though most young adults do not invest at all).
“Despite their good intentions, young women start to fall behind their male counterparts in savings and investing early on in life,” said Carrie Schwab-Pomerantz, senior vice president, Charles Schwab. “They start off showing a strong financial planning mindset, but there is still room for further education when it comes to managing their day-to-day finances.”
Ms Schwab-Pomerantz says parents should be conveying the same messages to boys and girls about money, but should tailor those conversations based on the individual and gender.
"Our study shows that while boys are spending more than girls, they also are saving more. Have open and honest conversations with your daughters about the wage and savings gap," she said. "Teach kids about the importance of investing – especially girls, who as we see in this study, aren’t investing as much. Part of being financially prepared is learning to make the most of your money, and that means investing early and consistently."
England-South Africa Test series
1st Test England win by 211 runs at Lord's, London
2nd Test South Africa win by 340 runs at Trent Bridge, Nottingham
3rd Test July 27-31 at The Oval, London
4th Test August 4-8 at Old Trafford, Manchester
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.”
Charlotte Gainsbourg
Rest
(Because Music)
MATCH INFO
Tottenham Hotspur 3 (Son 1', Kane 8' & 16') West Ham United 3 (Balbuena 82', Sanchez og 85', Lanzini 90' 4)
Man of the match Harry Kane
More from Rashmee Roshan Lall
Afghanistan fixtures
- v Australia, today
- v Sri Lanka, Tuesday
- v New Zealand, Saturday,
- v South Africa, June 15
- v England, June 18
- v India, June 22
- v Bangladesh, June 24
- v Pakistan, June 29
- v West Indies, July 4
PAST 10 BRITISH GRAND PRIX WINNERS
2016 - Lewis Hamilton (Mercedes-GP)
2015 - Lewis Hamilton (Mercedes-GP)
2014 - Lewis Hamilton (Mercedes-GP)
2013 - Nico Rosberg (Mercedes-GP)
2012 - Mark Webber (Red Bull Racing)
2011 - Fernando Alonso (Ferrari)
2010 - Mark Webber (Red Bull Racing)
2009 - Sebastian Vettel (Red Bull Racing)
2008 - Lewis Hamilton (McLaren)
2007 - Kimi Raikkonen (Ferrari)
Brief scores
Toss India, chose to bat
India 281-7 in 50 ov (Pandya 83, Dhoni 79; Coulter-Nile 3-44)
Australia 137-9 in 21 ov (Maxwell 39, Warner 25; Chahal 3-30)
India won by 26 runs on Duckworth-Lewis Method
JUDAS AND THE BLACK MESSIAH
Directed by: Shaka King
Starring: Daniel Kaluuya, Lakeith Stanfield, Jesse Plemons
Four stars
Engine: 3.5-litre V6
Transmission: eight-speed automatic
Power: 290hp
Torque: 340Nm
Price: Dh155,800
On sale: now
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
