Children who move multiple times before the age of 15 are significantly more likely to be diagnosed with depression in later life. Getty Images
Children who move multiple times before the age of 15 are significantly more likely to be diagnosed with depression in later life. Getty Images
Children who move multiple times before the age of 15 are significantly more likely to be diagnosed with depression in later life. Getty Images
Children who move multiple times before the age of 15 are significantly more likely to be diagnosed with depression in later life. Getty Images

Children who move home between ages of 10 and 15 face higher risk of depression


Gillian Duncan
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Children who move multiple times before the age of 15 are significantly more likely to be diagnosed with depression in later life, a new study has shown.

Researchers analysed data involving almost 1.1 million people born in Denmark between 1981 and 2001 who remained in the country for the first 15 years of their lives.

It found that children who move once between the ages of 10 and 15 are 41 per cent more likely to be diagnosed with depression than those who do not.

If they move home twice or more between those ages, the risk rises to around 61 per cent.

This is a significantly stronger effect than growing up in a deprived neighbourhood, which carries an increased risk of depression during adulthood of around 10 per cent.

Each time they have to adapt to something new it can be disruptive
Professor Clive Sabel

The numbers could be the tip of the iceberg, said the study's lead author Clive Sabel, professor of big data and spatial science at the University of Plymouth and former director of the Big Data Centre for Environment and Health at Aarhus University.

It is not clear why moving carries such a large risk of depression. But there are theories about the possible reasons.

Prof Sabel told The National: “This is what’s called an ecological study, so we don’t have any data to tell us why.

“For that we would have to talk to each child to understand each unique situation. We could speculate to say it’s a disruption of the children’s social networks, such as school, friendships, neighbours etc.”

He added: “Each time they have to adapt to something new it can be disruptive.”

The development of a mental illness is complex and involves numerous factors, including genetics, family history and life experiences, particularly abuse or trauma during childhood.

Previous studies have found that children who move more frequently from birth until their mid-teenagers are more likely to experience adverse outcomes including attempted suicide, violent criminality, mental illness and substance misuse.

Although the study was based in Denmark, the researchers said the findings would be expected to be similar elsewhere.

Prof Sabel said the findings, which were published in the journal JAMA Psychiatry, suggest parents should consider the impact of moving on their children before making a decision.

“Military families move a lot. Maybe the military might consider moving families less?

“Children in care are particularly vulnerable and they often are moved around and between foster and care homes. Minimising this seems important,” he added.

UAE currency: the story behind the money in your pockets

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.”

Defence review at a glance

• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

Updated: July 17, 2024, 3:07 PM