Think of power dressing and Dynasty's Joan Collins with her American footballer-sized shoulder pads. Or perhaps Britain's favourite matron - the Iron Lady Margaret Thatcher - in one of her drab boxy suits.
To stand out in the workplace in the Seventies and Eighties, women tended to adopt a certain kind of armour, a way in which we could literally grow in size - to stand tall and to stand out. Shoulders were widened by padding and the waist was all but eradicated, leaving us dressed in an outfit that looked like it belonged to someone else.
Which, of course, was all done intentionally to defeminise the entire female form.
While these images may be shaken off as nothing more than amusing memories, if we truly examine the socio- cultural principles of women's dress we discover that such an attitude is, unfortunately, still prevalent.
Should a woman in power be subjected to scrutiny for her appearance? Absolutely not. Powerful women existed well before the shoulder pad. But ultimately this is where we are still at. While there is no doubt that clothes talk, - and that, intentionally or not, fashion is a physical projection of status - it seems whatever choice we make to succeed remains an unhealthy obsession of the media.
At one end of the spectrum we have the function-over-form dressers, the sort of woman who would buckle Boudicca, win an arm wrestle and wear only one type of shoe - one that fits well and is flat. Suits are too big and too wide - basically nothing that would threaten to constrict if a punch were thrown. The woman who wears this style is often portrayed as humourless, fearsome, sexless, brusque and always - for want of a better word - a "force" to be reckoned with.
Then there are those on the fence (and for me the worst) holding on for dear life to a middle-management type, navy knee-length suit, preferring to say nothing at all rather than to make a mistake. Such women at a push - perhaps on a daring occasion - might offer up a patterned scarf, a pair of "unmatching" heels or a "fun" bag.
Which leaves us with the "glamo" leader, who chooses to ignore all form and formula and tends to resemble a Park Avenue mum who performs night raids on her teenage daughters' wardrobe. And of course the punters love it. "Frivolous, fluffy, empty-headed and clueless!" they cry.
Which isn't entirely fair. In fact none of this is. That is where the problem lies, and until the hungry hounds of fashion take a moment to stop and listen to what a female leader actually says rather than what her choice of shoe is, we shall remain stuck.
Which seems rather a shame after all the hard work.
M-ometer
This week's highs and lows
HEADDRESS HEAVEN Forget the fascinator. It's all about headdresses now, as seen in Beyonce's new video, "Run the World (Girls)".
SCENTED PENS Michael Kors's offerings are about as pointless as miniature poodles.
SEVERE PONYTAILS As seen at Louis Vuitton. If nothing else, it's a less expensive face lift. No?
WILL AND KATE All right, so they got married. She looked ravishing. It was great. We need a break.
MISS GORIGHTLY Taking inspiration from Breakfast at Tiffany's, Celine's new "Audrey" sunglasses are the only shades for the summer.
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
MATCH INFO
Asian Champions League, last 16, first leg:
Al Ain 2 Al Duhail 4
Second leg:
Tuesday, Abdullah bin Khalifa Stadium, Doha. Kick off 7.30pm
Company%20profile
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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.”
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5