Claire Danes is returning to the screen opposite Zac Efron in Me & Orson Welles.
Claire Danes is returning to the screen opposite Zac Efron in Me & Orson Welles.

The inconstant star



It was more than 13 years ago that Claire Danes, the New York City actress best known at that time for starring in the teen drama series My So-Called Life, was tipped as the next Meryl Streep after her performance in Baz Luhrmann's Romeo + Juliet opposite the fellow up-and-comer Leonardo DiCaprio. However, while her co-star went on to be one of the most iconic actors of his generation, Danes's career slid into a mire. By 2000, a 21-year-old Danes needed a career boost usually required by actresses twice her age. So what happened? Moreover, why has she of late enjoyed a renaissance, the latest addition being her role in the Zac Efron-starring Me & Orson Welles?

Romeo + Juliet hit US cinemas in late 1996 and immediately became a surprise hit thanks to its vivid visuals and balance of the Bard's dialogue with a young, hip setting. It also made its young stars famous. Danes, the MTV generation's Juliet, seemed destined for great things. Her first films after this success were critically well received - Oliver Stone's U Turn, The Rainmaker opposite the future megastar Matt Damon - but not high-profile enough to further her status as being able to "open" a movie. Two poorly received films followed (Les Miserables and The Polish Wedding), but in 1999 she landed her first real starring role, in a studio film pegged for box-office success. Sadly, the movie - a remake of the classic American TV series The Mod Squad - failed critically and financially and effectively killed the positive buzz of her early work. Later that year, Danes starred in the hard-hitting drama Brokedown Palace with Kate Beckinsale, about backpackers who are arrested for smuggling in Thailand. While not critically maligned, the film performed poorly and Danes caused international controversy by criticising Manila (where they filmed). By 1999, while her former co-star DiCaprio was the focus of the world after Titanic, Danes had not had a hit in an industry that demands success. It was largely thought to be down to some bad role choices, with the actress too often opting for supporting parts (The Mod Squad aside) while her peers shone in lead roles.

A comeback was in the cards, however, thanks both to a three-year educational hiatus (an incomplete degree at Yale) and roles in two popular films. Three years after the failure of The Mod Squad, she scored a double success with the independent film Igby Goes Down and as the daughter of her acting idol, Meryl Streep, in the Oscar-winning The Hours. This seemed to boost Danes, then 23, back into Hollywood's consciousness and the following year she landed a high-profile role in the summer blockbuster Terminator 3. It appeared that the re-emergence of Danes was all but complete and the only thing missing was a successful starring role. That came thanks to Steve Martin, who saw Danes as the perfect lead for the adaptation of his novella Shopgirl. The resulting 2005 film was a hit critically, with many claiming she had finally fulfilled the promise of her earlier films. Although it was a modest success in cinemas, it proved that Danes could carry a film successfully. Top filmmakers acted accordingly, and she starred in Matthew Vaughn's Stardust in 2007, a film that was a hit on all counts.

Danes has also taken to the stage, starring in her Broadway debut as Eliza Doolittle in a New York revival of Pygmalion. Finally, there is Me & Orson Welles. Based on Robert Kaplow's novel it has Danes playing the love interest to the High School Musical actor Zac Efron's young thespian as they work on the 1937 stage production of Orson Welles's Julius Caesar. Efron would be well advised to learn from the career of his fellow actor. Danes is a prime example of how fleeting success can be in the film industry, but also how one can recover. It is a well-known acting mantra that the talent is in the choices. After some very public learning curves, it appears that at last Danes is choosing well.

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Brief scores:

Toss: Northern Warriors, elected to field first

Bengal Tigers 130-1 (10 ov)

Roy 60 not out, Rutherford 47 not out

Northern Warriors 94-7 (10 ov)

Simmons 44; Yamin 4-4

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Ronaldo's record at Man Utd

Seasons 2003/04 - 2008/09

Appearances 230

Goals 115

The specs

Engine: 5.0-litre supercharged V8

Transmission: Eight-speed auto

Power: 575bhp

Torque: 700Nm

Price: Dh554,000

On sale: now

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A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

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The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

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.”

SQUADS

Pakistan: Sarfraz Ahmed (capt), Azhar Ali, Shan Masood, Sami Aslam, Babar Azam, Asad Shafiq, Haris Sohail, Usman Salahuddin, Yasir Shah, Mohammad Asghar, Bilal Asif, Mir Hamza, Mohammad Amir, Hasan Ali, Mohammad Abbas, Wahab Riaz

Sri Lanka: Dinesh Chandimal (capt), Lahiru Thirimanne (vice-capt), Dimuth Karunaratne, Kaushal Silva, Kusal Mendis, Sadeera Samarawickrama, Roshen Silva, Niroshan Dickwella, Rangana Herath, Lakshan Sandakan, Dilruwan Perera, Suranga Lakmal, Nuwan Pradeep, Vishwa Fernando, Lahiru Gamage

Umpires: Ian Gould (ENG) and Nigel Llong (ENG)
TV umpire: Richard Kettleborough (ENG)
ICC match referee: Andy Pycroft (ZIM)

BLACKBERRY
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Scorebox

Sharjah Wanderers 20-25 Dubai Tigers (After extra-time)

Wanderers

Tries Gormley, Penalty

Cons Flaherty

Pens Flaherty 2

Tigers

Tries O’Donnell, Gibbons, Kelly

Cons Caldwell 2

Pens Caldwell, Cross