Bamboo says he never wants to be in a band again. Courtesy Spicy Lemon
Bamboo says he never wants to be in a band again. Courtesy Spicy Lemon

Filipino rock star Bamboo on going solo ahead of Dubai show



Like the plant that he takes his name from, Francisco “Bamboo” Mañalac has shown remarkable resiliency throughout his 20-year career.

From early fame as the singer with seminal 90s band Rivermaya, to his comeback in 2002 as the frontman of the rock group Bamboo, and now as a solo artist/television host, very few names in the history of Philippine entertainment have enjoyed such successful reinventions and career shifts.

“We have to change and shake things up,” says the 38-year-old singer. That, perhaps, sums up Bamboo’s philosophy in life as much as his career.

Change, of course, is never easy. Fans and critics were perplexed when the charismatic singer decided to go solo despite enjoying enormous success with his band.

But for Bamboo, who performs in Dubai on Friday, the itch to do things differently was simply overwhelming. He explains that while having a steady stable of bandmates can be fun, the routine can stifle creativity in the long run.

“I had always worked with and believed in the idea of the band where when I get that little spark, my job was to pass that along and to trust the process and the end result would be a song that my bandmates like or that was shelved for next time,” he says.

“So these days I spend a lot more time alone sitting with my guitar, laptop, some tea and a pad and a pen and push myself to try to complete the idea of the song to the point where, in my head, it’s almost done.

“The best part of this lone-wolf gig is the collaboration where I pass that song along to a producer or arrangers where they give their inputs – and generally it doesn’t stray too far from the original idea of the song.

“I’m not pegged to a specific genre of music. It’s all about the song and the most important part, for myself and the challenge, is to create a cohesive album.”

Working with a rang of musicians has been such an enjoyable experience that Bamboo says he has no desire to form another band.

“Never,” he replies frankly, regarding the thought of playing again as part of a group.

Bamboo's first solo album No Water, No Moon (released in 2011 by PolyEast Records) has reached gold-record status. He is also seen on television every weekend as part of a musical variety show.

But his biggest television break came last year when he joined the popular talent show, The Voice of the Philippines, as one of the judges.

Appearing on television helped Bamboo expand his audience – and he has noticed its effects during his current world tour.

"The turnout has been very good. I see a lot of new faces in the crowd and that's probably due to the Voice gig that I've been doing," he says. "Some days I wish I could lie in bed all day, but when I get on that stage, it's just a switch – and then it's on to the next city."

His current tour has taken Bamboo to Italy, Ireland, Canada and Japan so far, before arriving in Dubai, where he played a successful concert last year.

He says “the energy level of the people” that night inspired him to return to the UAE.

And what can the fans expect this time?

“There’ll be a few surprises here and there,” he says. “I’m sure the folks will have something to remember.”

artslife@thenational.ae

• Bamboo performs at the Dubai World Trade Centre on Friday, October 31. Tickets cost from Dh95 and are available at all Virgin shops or from tickets.virginmegastore.me

The biog

Favourite film: The Notebook  

Favourite book: What I know for sure by Oprah Winfrey

Favourite quote: “Social equality is the only basis of human happiness” Nelson Madela.           Hometown: Emmen, The Netherlands

Favourite activities: Walking on the beach, eating at restaurants and spending time with friends

Job: Founder and Managing Director of Mawaheb from Beautiful Peopl

The Dictionary of Animal Languages
Heidi Sopinka
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Starring: Nour Al Ghandour, Mahmoud Boushahri

Rating: 3/5

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

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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Transmission: 8-speed auto
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Torque: 450Nm
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Rating: 4/5