Developing diabetes at a younger age increases the risk of dementia, new research suggests.
Research findings indicate that preventing progression from pre-diabetes to a diagnosis of Type 2 diabetes could mean a substantial reduction in future dementia cases, experts say.
Pre-diabetes is a condition where blood sugar is high but has not yet crossed the threshold for Type 2 diabetes.
It is linked with a high risk of progression to diabetes but is also independently associated with other changes in health.
Most people who develop diabetes first pass through pre-diabetes.
Among middle-aged adults with pre-diabetes, between 5 per cent and 10 per cent a year go on to develop Type 2 diabetes, with 70 per cent of those with pre-diabetes progressing to diabetes, the researchers say.
Research suggests that up to one third of the UK population may have pre-diabetes.
To look at the risk of dementia associated with pre-diabetes, the authors analysed data from people of the Atherosclerosis Risk in Communities study in the US.
According to the study there was a three times greater risk of dementia for those developing Type 2 diabetes before the age of 60.
This fell to a 73 per cent increased risk for those developing the condition aged 60-69 and a 23 per cent increased risk for those developing it at 70-79.
Foods that help to tackle diabetes - in pictures
The findings, published in Diabetologia, suggest that at ages 80 or older, developing diabetes was not associated with an increased risk of dementia.
“Our results suggest that aggressively managing pre-diabetes may be an important way to reduce dementia risk,” study co-author Dr Michael Fang, of Johns Hopkins Bloomberg School of Public Health, told The National.
“This is incredibly valuable given the large number of people with pre-diabetes around the world.
“Pre-diabetes currently impacts nearly 500 million adults, and this number is only set to increase."
The study by PhD student Jiaqi Hu and Prof Elizabeth Selvin of the Johns Hopkins Bloomberg school in the US, and colleagues, evaluated the association of pre-diabetes with dementia risk before and after accounting for the later development of Type 2 diabetes.
Among 11,656 people without diabetes to begin with, 2,330 (20 per cent) had pre-diabetes.
When accounting for diabetes that developed after the baseline period, the researchers found no statistically significant association between pre-diabetes and dementia.
But they found that earlier ages of progression to Type 2 diabetes had the strongest link with dementia.
“Diabetes prevention remains a major challenge across the world and more research is needed to understand how to effectively implement preventive policies and programmes,” Dr Fang said.
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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