Zhivago Duncan's Undisputed Reality. Courtesy Zhivago Duncan and Meem Gallery
Zhivago Duncan's Undisputed Reality. Courtesy Zhivago Duncan and Meem Gallery

Zhivago Duncan’s artistic journey covers many complex themes



In so many ways, the work of Zhivago Duncan captures the predicament of young people today.

Born to parents of mixed heritage, and having lived in so many countries, he is not sure which one to think of as home – his art flits from subject to subject with no sense of permanent ground. In the nomadic, globalised world we live in, many people can relate to this theme.

Take Never But Always, his current exhibition in Meem Gallery, as an example. The paintings, which combine screenprints on linen embellished with gold, feature patterns of Arabic mashrabiya and other geometric patterns, interspersed with diverse cultural references, including a disassembled toy car, Superman, Godzilla and even a 19th-century French guillotine. It is as if he has taken a random voyage through the myriad images, influences and cultures that have informed his life and distilled them onto the canvases.

Upstairs at the gallery there are plates and a set of etchings, which present a similar mash-up of symbols but in a totally different format. Somehow these energetic and strange pieces of work summarise the artist’s personal experience.

“Wherever I am, I am constantly home but I never really have a home,” Duncan said during his artist talk at the gallery on the opening night. It was something that rang true, I am sure, with many of the people in the room.

Duncan is Syrian-Danish and lives in Berlin. His work was acquired by Saatchi Gallery in 2011 and the artist had a show in Dubai in 2014. This year, his work took centre stage at the prestigious Meem Gallery’s booth during Art Dubai. It was also part of the latest exhibition at Salsali Private Museum in Dubai’s Alserkal Avenue.

Young, dynamic and with a sharp sense of humour, his work reflects this – but if you struggle to find a foothold in his work, you would not be alone. My best advice is to look for the constants.

First, there are the birds which, in various forms and breeds, appear in several of his works.

“Birds are a symbol of patriotism,” he says. “They appear on flags and currency but what I find ironic is that birds are migratory creatures – they are part-time here, part-time there and don’t really belong anywhere.”

A metaphor then, perhaps, for his life. Also, the titles of his work are consistently illuminating and help you to find a way in.

“I think titles are essential and I put a lot of time into thinking about them,” he says. “But at the same time, I don’t want them to offer the complete answer. It’s like I’ve chosen the head and the tail but the audience can choose what animal comes in between.”

And that intriguingly bizarre comment is yet another reason to check out his work.

• Zhivago Duncan’s Never But Always runs until May 10 at Meem Gallery, Al Quoz, Dubai. www.meemartgallery.com

aseaman@thenational.ae

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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.”

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ACL Elite (West) - fixtures

Monday, Sept 30

Al Sadd v Esteghlal (8pm)
Persepolis v Pakhtakor (8pm)
Al Wasl v Al Ahli (8pm)
Al Nassr v Al Rayyan (10pm)

Tuesday, Oct 1
Al Hilal v Al Shorta (10pm)
Al Gharafa v Al Ain (10pm)

How green is the expo nursery?

Some 400,000 shrubs and 13,000 trees in the on-site nursery

An additional 450,000 shrubs and 4,000 trees to be delivered in the months leading up to the expo

Ghaf, date palm, acacia arabica, acacia tortilis, vitex or sage, techoma and the salvadora are just some heat tolerant native plants in the nursery

Approximately 340 species of shrubs and trees selected for diverse landscape

The nursery team works exclusively with organic fertilisers and pesticides

All shrubs and trees supplied by Dubai Municipality

Most sourced from farms, nurseries across the country

Plants and trees are re-potted when they arrive at nursery to give them room to grow

Some mature trees are in open areas or planted within the expo site

Green waste is recycled as compost

Treated sewage effluent supplied by Dubai Municipality is used to meet the majority of the nursery’s irrigation needs

Construction workforce peaked at 40,000 workers

About 65,000 people have signed up to volunteer

Main themes of expo is  ‘Connecting Minds, Creating the Future’ and three subthemes of opportunity, mobility and sustainability.

Expo 2020 Dubai to open in October 2020 and run for six months