The specs
Price, base / as tested Dh1,100,000 (est)
Engine 5.2-litre V10
Gearbox seven-speed dual clutch
Power 630bhp @ 8,000rpm
Torque 600Nm @ 6,500rpm
Fuel economy, combined 15.7L / 100km (est)
A few years ago, Lamborghini announced that it was no longer chasing top speeds and was pulling out of the race to build the world's fastest cars. It was to focus instead on products that could deliver the maximum in driver enjoyment over outright speed.
It was an odd message from one of the world's most revered supercar manufacturers, as Ferrari and Bugatti, as well as specialist constructors such as Pagani and Koenigsegg, all work feverishly to outdo one another in their quest to raise the top-speed barrier.
However, strapped behind the wheel of Lamborghini's new Huracan Evo at the Bahrain International Circuit recently, I finally understood what they were on about, as I cannot remember another time I've had so much fun on-track in a car that had no right to make me look so good behind the wheel.
Yes, it is still mighty quick, with a top speed of more than 325 kilometres per hour and a zero to 100kph time of 2.9 seconds, with just another 6.1 seconds taking it to 200kph, but the magic of the new Lamborghini hides in the clever electronics that allowed me to fling it around and hang the tail out like a drifting pro.
Any race driver will tell you that you have two options when you are on track: be smooth, focused and clean with your lines in order to clock the fastest lap, or let it hang out with a bit of tyre-smoking, sideways fun that puts a huge smile on your face, but which is by no means as quick.
Lamborghini has decided to go for option B in the development of this mid-life facelift to its 5.2-litre, V10 Huracan and, as someone who will never qualify a car on the front row of a race, I am in it for the fun.
Its secret is that the new Huracan has a drift mode incorporated into its drive settings that, alongside its new rear-wheel steering, allows for some lurid power slides – under controlled conditions, of course – without getting into trouble.
The key ingredient is Lamborghini's software programme, which it calls LDVI (Lamborghini Dinamica Veicolo Integrata), which reads the driver's style and pre-empts their actions quickly, trying to stay ahead of the curve by being proactive, rather than reacting to a driver's input.
Using gyroscope sensors and accelerators located low in the car close to its centre of gravity, it measures its roll, pitch and yaw against the aggressiveness of the steering input, throttle positioning and brake pressure from the driver 50 times a second, to determine the level of commitment the driver is placing in the car.
Add to this its millisecond transfer of information from the front wheel dampers to the rears, with data such as changes in surface grip or bumps before they reach the rear wheels, and you could be forgiven for thinking that the Huracan Evo knows what you are going to do even before you think about it.
What this meant from the inside was that I soon had the confidence to throw this Dh1 million-plus car around the grand prix circuit with the utmost confidence and I was extracting more from it than nearly any other performance car I have driven on-track.
The combination of the chassis electronics, as well as its all-wheel steering and torque vectoring, rewarded my efforts and, unlike other forms of traction control and drift control fitted to other performance cars, this one felt organic, as if there was no electronic intervention keeping it under control.
The result? It made me look good, allowing some nice slides that came back on line perfectly, every time. Even wearing the sticky, Pirelli P-Zero Corsa tyres (245/30 R20 on the nose and 305/30 R20 on the tail) purpose-made for the Huracan Evo was not enough to stop its 600Nm of torque from a V10 that sings to an eye-watering 8,000rpm, from breaking traction.
Away from the chassis control wizardry, the Huracan Evo, which replaces the LP610-4 model and gets the uprated 630bhp engine from the Performante, has been given a makeover in some of the more civilised areas, such as a 21-centimetre HMI capacitive touchscreen in the centre console that acts as the brain for its new, in-car connectivity features.
Functions such as the seats, climate control and its infotainment options, including Apple CarPlay with smartphone integration, are now located in the one panel. A multimedia system incorporates connected navigation and entertainment, including web radio and video player, and allows for voice commands.
Leather and Alcantara-covered seats are power-operated, but as is Lamborghini tradition, you can expect a stripped-out version to come later that offers more race-focused seats with a harness option.
In order to extract an extra 30bhp from the naturally aspirated V10, Lamborghini has also added titanium intake valves and the lightweight, high-exiting exhausts from the Performante, although they have resisted bringing over the Performante's innovative ALA active aero wings as well.
Yet the team were keen to point out that some aero tweaks built into the nose and a new duck-tail rear lip provides seven times more down-force on the Huracan Evo over the LP610-4, and it is also three seconds faster around the Nardo test track in Italy.
Sure, there might be one or two cars faster than the Lamborghini Huracan Evo, but so far, none of them have returned the same kind of driver satisfaction as this tail-happy vehicle.
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The specs
Engine: 1.5-litre, 4-cylinder turbo
Transmission: CVT
Power: 170bhp
Torque: 220Nm
Price: Dh98,900
Mohammed bin Zayed Majlis
More on animal trafficking
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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.”
Neil Thomson – THE BIO
Family: I am happily married to my wife Liz and we have two children together.
Favourite music: Rock music. I started at a young age due to my father’s influence. He played in an Indian rock band The Flintstones who were once asked by Apple Records to fly over to England to perform there.
Favourite book: I constantly find myself reading The Bible.
Favourite film: The Greatest Showman.
Favourite holiday destination: I love visiting Melbourne as I have family there and it’s a wonderful place. New York at Christmas is also magical.
Favourite food: I went to boarding school so I like any cuisine really.
BORDERLANDS
Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis
Director: Eli Roth
Rating: 0/5
Squad
Ali Kasheif, Salim Rashid, Khalifa Al Hammadi, Khalfan Mubarak, Ali Mabkhout, Omar Abdulrahman, Mohammed Al Attas, Abdullah Ramadan, Zayed Al Ameri (Al Jazira), Mohammed Al Shamsi, Hamdan Al Kamali, Mohammed Barghash, Khalil Al Hammadi (Al Wahda), Khalid Essa, Mohammed Shaker, Ahmed Barman, Bandar Al Ahbabi (Al Ain), Al Hassan Saleh, Majid Suroor (Sharjah) Walid Abbas, Ahmed Khalil (Shabab Al Ahli), Tariq Ahmed, Jasim Yaqoub (Al Nasr), Ali Saleh, Ali Salmeen (Al Wasl), Hassan Al Muharami (Baniyas)
The specs
Price, base / as tested Dh1,100,000 (est)
Engine 5.2-litre V10
Gearbox seven-speed dual clutch
Power 630bhp @ 8,000rpm
Torque 600Nm @ 6,500rpm
Fuel economy, combined 15.7L / 100km (est)