The designer Kimberley Jenneskens shows off her neckwear. Vanni Bassetti / Getty Images
The designer Kimberley Jenneskens shows off her neckwear. Vanni Bassetti / Getty Images
The designer Kimberley Jenneskens shows off her neckwear. Vanni Bassetti / Getty Images
The designer Kimberley Jenneskens shows off her neckwear. Vanni Bassetti / Getty Images

Fashion notes: Make your scarf-tying more stylish


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We're in the midst of November – which happens to be my favourite month, filled with fuzzy socks, snugly blankets and mugs of pumpkin-­spiced lattes, topped off with whipped cream and sprinkled with cinnamon – no matter what the temperature is outside. It's also the month of scarves – printed, woven, knitted and fringed. There's something incredibly wonderful about seeing a warm, bulky scarf in a plaid or tartan print, worn with jeans and a blazer or oversized cardigan, with hair tied in a messy bun. It's one of those pictures you find posted over and over again on Pinterest, captioned "serious outfit envy".

In my humble opinion, a nice plaid scarf is essential for the winter season. If you’re looking for an investment piece, a Burberry design is classic and timeless – you’ll probably wear it every winter of your life. If you’re tight on cash, however, most high-street stores carry similar scarves in their autumn collections. I’ve just seen some ultra-­soft ones at Dorothy Perkins for Dh100 – a steal, if you ask me.

If plaid isn’t your thing, try leopard print. There’s a look that’s become quite common, but it still holds a lot of appeal: a basic white T-shirt, black leather jacket and leopard-print scarf. Fall back on this if my next few suggestions are too extreme for your liking. For a tongue-in-cheek take on the scarf trend, fish out some printed silk scarves and start adding them to your outfits. They don’t have to match – it’s granny chic.

If you want to know exactly how I’ll be wearing scarves this season, just grab a blouse (preferably printed) at random from your wardrobe, throw a cardigan on top of it and pick out a clashing scarf to loosely tie around your neck. Put on big pearl earrings to complete the thrift-store-chic outfit. If you’re wary of your look becoming too layered, fear not – over-layering is very “in”. Just look at street style from Paris Fashion Week, where a turtleneck was worn underneath a blouse, underneath a blazer, with a scarf tied around the neck to finish it off. Sure, the woman in question may have been wearing an orange pinstriped suit with leopard-print pumps, but it’s fashion. Have fun with your scarf, and don’t over-think the styling or matching. Clashing patterns are perfectly acceptable in today’s fashion environment.

If the above sounds intriguing, and you’d like to initiate a hunt for quirky silk scarves, start out in your grandmother’s trunks or mother’s dresser drawer – their vintage belongings just might surprise you. If your search comes up dry, head to the high street. H&M has plenty of options – from monochrome stripe and polka-dot mixes to nautical and floral patterns.

If the thought of bundling up in a scarf or having long scarf tails hanging from your neck makes you somewhat claustrophobic, why not try a technique that all the fashion bloggers are rocking – the bandana? No, not on your head, but around your neck. If you don’t have one lying around at home, try your luck at your nearest hyper­market. Your outfit can be anything from a jeans-and-tee ensemble to a maxi dress paired with a cropped bomber. Look for the traditional paisley-­patterned, square-shaped cloth in red, blue or white, fold it into a thin rectangle, tie it in a knot around your neck, and voila, your look is officially in vogue.

Bandanas, as well as other thin scarves, can also be wrapped around your wrist, sort of like a cuff. This is a great way to give a pop of print to an otherwise solid ensemble. Or you can wrap your scarf around a handle of one of your handbags – it doesn’t have to be a Birkin, though many do prefer a touch of Hermès for this trend.

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At a glance

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Thursday UAE v Ireland; Saturday UAE v Ireland; Jan 21 UAE v Scotland; Jan 23 UAE v Scotland

UAE squad Rohan Mustafa (c), Ashfaq Ahmed, Ghulam Shabber, Rameez Shahzad, Mohammed Boota, Mohammed Usman, Adnan Mufti, Shaiman Anwar, Ahmed Raza, Imran Haider, Qadeer Ahmed, Mohammed Naveed, Amir Hayat, Zahoor Khan

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Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

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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.”

Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

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Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

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