LONDON, ENGLAND - JANUARY 14:  Actor Tom Hardy attends the UK Premiere of "The Revenant" at the Empire Leicester Square on January 14, 2016 in London, England.  (Photo by John Phillips/Getty Images)
LONDON, ENGLAND - JANUARY 14: Actor Tom Hardy attends the UK Premiere of "The Revenant" at the Empire Leicester Square on January 14, 2016 in London, England. (Photo by John Phillips/Getty Images)

Holly to Bolly: Madea burns Inferno at box office, Tom Hardy to play Al Capone, and more



Tom Hardy to play Al Capone

According to variety.com, Tom Hardy is set to star as gangster Al Capone in upcoming movie Fonzo. The film is being directed by Chronicle director Josh Trank. Capone was a bootlegger and gangster in Chicago during the prohibition days in the United States. The federal government prosecuted him for tax evasion in 1931. He was convicted and sentenced to 11 years in prison. He was released after eight years and died at age 48 in 1947. Fonzo is currently in pre-production. — variety.com

Madea burns Inferno at box office

The latest installment in Tyler Perry's Madea comedy franchise, Boo! A Madea Halloween, beat out Inferno to top the North American box office for the second weekend running. The movie, in which Perry reprises his role as a tough-talking matriarch, took in $16.7 million (Dh61 million) for a total of $52 million (Dh190 million). Inferno, the third instalment of Sony's Da Vinci Code franchise, which is directed by Ron Howard, fizzled during its debut weekend to take second place with $15 million (Dh55 million). Based on Dan Brown's bestselling book series, the film stars Felicity Jones and Tom Hanks — who returns to the lead role of Harvard professor Robert Langdon — this time seeking to stop an evil billionaire from killing off the world's population by releasing a deadly virus. -AFP

James Cameron says he’ll push boundaries with Avatar sequels

Filmmaker James Cameron says he will push innovation in the service of storytelling on his Avatar sequels. According to hollywoodreporter.com, Cameron made the promise as he accepted honorary membership in the Society of Motion Picture and Television Engineers during the society's black tie Centennial Gala. For the sequels to Avatar, which is the most successful movie ever made, Cameron said: "I'm going to push. Not only for better tools, work flow, high dynamic range (HDR) and high frame rates (HFR), the things we are working toward. I'm still very bullish on 3D, but we need brighter projection, and ultimately I think it can happen — with no glasses. We'll get there". Cameron says, for the sequels, he's working on "HDR, 4K for native stereo reduction, all the plethora of things we can do with CG that we couldn't do or were so difficult, I'm going need a lot of water (simulations), dynamics Sims. And merging water, air, fire, all that sort of stuff together into complex simulations is going to be essential for the Avatar films". - hollywoodreporter.com

Lisa Haydon marries Dino Lalvani

Actress Lisa Haydon has married Dino Lalvani after dating him for a year. Lalvani is the son of Pakistan-born British entrepreneur Gullu Lalvani. Haydon and fashion designer Malini Ramani posted wedding snaps on Instagram. In one picture, Haydon simply wrote, "Just Married". Ramani captioned a picture of herself with the newly-wed couple that read: "Its love ... Wedding bliss. Congratulations Dino and Lisa". Haydon wore an off-white gown with a long veil. The 30-year-old, who was last seen in Ae Dil Hai Mushkil, announced her plans to marry Lalvani last month. — IANS

Search for bed in iconic van Gogh painting

A bed first made famous by Vincent van Gogh's 1888 painting The Bedroom, may today still be lurking in a home or attic in a small Dutch town. Britain-based Van Gogh expert Martin Bailey said the bed on which Van Gogh slept while living in the city of Arles, in the south of France, may have ended up in a home in Boxmeer in The Netherlands after World War II. Bailey based his belief on his discovery of a letter written in 1937 by Van Gogh's cousin, Vincent Willem, in which he said he still possessed the bed of his famous uncle, who committed suicide in 1890. Bailey contacted Johan van Gogh, the elderly son of Van Gogh's cousin, who said "he actually, to my astonishment remembered the bed". Johan van Gogh, 94, said the bed stood in his father's house in Laren until 1945, when it was sent to Boxmeer, around 120 kilometres to the south, as part of a donation to help Dutch who lost their possessions during the war. "That was the last bit of the puzzle. There is no question that the bed ended up in Boxmeer," Bailey said. "Of course, the intriguing question is: where is it now?" he said, admitting the bed may have inadvertently been thrown away over the years. Van Gogh painted three versions of "The Bedroom". The 1888 version hangs in Amsterdam's Van Gogh Museum, while two later versions painted in 1889, are on display at the Art Institute of Chicago and Paris' Musee d'Orsay. — AFP

RACE CARD

5pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Turf) 2,200m
5.30pm: Khor Al Baghal – Conditions (PA) Dh80,000 (T) 1,600m
6pm: Khor Faridah – Handicap (PA) Dh80,000 (T) 1,600m
6.30pm: Abu Dhabi Fillies Classic – Prestige (PA) Dh110,000 (T) 1,400m
7pm: Abu Dhabi Colts Classic – Prestige (PA) Dh110,000 (T) 1,400m
7.30pm: Khor Laffam – Handicap (TB) Dh80,000 (T) 2,200m

A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Result

6.30pm: Al Maktoum Challenge Round-3 – Group 1 (PA) $65,000 (Dirt) 2,000m; Winner: Brraq, Ryan Curatolo (jockey), Jean-Claude Pecout (trainer)

7.05pm: Handicap (TB) $65,000 (Turf) 1,800m; Winner: Bright Melody, James Doyle, Charlie Appleby

7.40pm: Meydan Classic – Listed (TB) $88,000 (T) 1,600m; Winner: Naval Crown, Mickael Barzalona, Charlie Appleby

8.15pm: Nad Al Sheba Trophy – Group 3 (TB) $195,000 (T) 2,810m; Winner: Volcanic Sky, Frankie Dettori, Saeed bin Suroor

8.50pm: Dubai Millennium Stakes – Group 3 (TB) $130,000 (T) 2,000m; Winner: Star Safari, William Buick, Charlie Appleby

9.25pm: Meydan Challenge – Listed Handicap (TB) $88,000 (T) 1,400m; Winner: Zainhom, Dane O’Neill, Musabah Al Muhairi

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

BLACK%20ADAM
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Book%20Details
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RESULTS
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RESULT

Liverpool 4 Southampton 0
Jota (2', 32')
Thiago (37')
Van Dijk (52')

Man of the match: Diogo Jota (Liverpool)

'Nope'
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Veere di Wedding
Dir: Shashanka Ghosh
Starring: Kareena Kapoo-Khan, Sonam Kapoor, Swara Bhaskar and Shikha Talsania ​​​​​​​
Verdict: 4 Stars

Army of the Dead

Director: Zack Snyder

Stars: Dave Bautista, Ella Purnell, Omari Hardwick, Ana de la Reguera

Three stars

Meatless Days
Sara Suleri, with an introduction by Kamila Shamsie
​​​​​​​Penguin 

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.”

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

3%20Body%20Problem
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Day 2, Abu Dhabi Test: At a glance

Moment of the day Dinesh Chandimal has inherited a challenging job, after being made Sri Lanka’s Test captain. He responded in perfect fashion, with an easy-natured century against Pakistan. He brought up three figures with a majestic cover drive, which he just stood and admired.

Stat of the day – 33 It took 33 balls for Dilruwan Perera to get off the mark. His time on zero was eventful enough. The Sri Lankan No 7 was given out LBW twice, but managed to have both decisions overturned on review. The TV replays showed both times that he had inside edged the ball onto his pad.

The verdict In the two previous times these two sides have met in Abu Dhabi, the Tests have been drawn. The docile nature of proceedings so far makes that the likely outcome again this time, but both sides will be harbouring thoughts that they can force their way into a winning position.