Ziauddin Yousafzai says he has not sought to impose a plan for how his daughter, Malala, should live her life. Reem Mohammed / The National
Ziauddin Yousafzai says he has not sought to impose a plan for how his daughter, Malala, should live her life. Reem Mohammed / The National
Ziauddin Yousafzai says he has not sought to impose a plan for how his daughter, Malala, should live her life. Reem Mohammed / The National
Ziauddin Yousafzai says he has not sought to impose a plan for how his daughter, Malala, should live her life. Reem Mohammed / The National

Ziauddin Yousafzai, Malala’s father: I didn’t clip her wings


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  • Arabic

Malala's father Ziauddin Yousafzai, who is referred to in the title of the film He Named Me Malala, is unsurprisingly one of the young activist's strongest supporters. In an interview with The National, he talks about the importance of encouraging young girls to be independent and his pride in learning a thing or two from his resilient daughter.

You’ve supported Malala in her humanitarian commitments and her quest for education. Do you see yourself as a role model for fathers of young girls back home in Pakistan?

That is a difficult question. I don’t see myself as a role model because I am a common man. But every day I try to be a good father – not only to my daughter but also to my sons – and a good husband to my wife. In terms of being a role model for the people in Pakistan, especially fathers, I can’t call myself role model, but they can learn from my life, from the relationship my daughter and I have, which is based on respect, human dignity and freedom. So people ask me what I did for my daughter. But ask me what I didn’t do – I didn’t clip her wings. If fathers in religious societies … let their daughters be themselves, they can be great students like Malala and many other great powerful women in the world.

What has your experience with Malala taught you about fatherhood?

I have learnt a lot from her. She is very brave, sometimes very critical about me, she has strength and she is very grounded. She has big dreams and I have learnt from her to be passionate and resilient, even in the hardest times of my life.

How do you feel about Malala being in the public eye? As a father, do you feel a sense of loss of not having Malala growing up the way you planned?

I don’t have this planning of how she will live her life – I only support her in her dreams or education, which she is seeking for every child in the world. I don’t have this problem that she is in the public eye, I have no problem with that, because she is an independent person, she has her individual personality. Our relationship is based on freedom and independence, and I respect all her freedom in the way she wants to live her life.

artslife@thenational.ae

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War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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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.”

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Results

6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m 

Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer) 

6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m 

Winner: Island Falcon, Frankie Dettori, Saeed bin Suroor 

7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
1,400m 

Winner: Rawy, Mickael Barzalona, Salem bin Ghadayer 

7.45pm: Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m 

Winner: Desert Fire, Hector Crouch, Saeed bin Suroor 

8.20pm: Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m 

Winner: Naval Crown, William Buick, Charlie Appleby 

8.55pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m 

Winner: Al Tariq, Pat Dobbs, Doug Watsons 

9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m 

Winner: Dubai Icon, Patrick Cosgrave, Saeed bin Suroor  

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