Journalist Sophie Prideaux with Rovaniemi's elves. Sophie Prideaux / The National
Journalist Sophie Prideaux with Rovaniemi's elves. Sophie Prideaux / The National
Journalist Sophie Prideaux with Rovaniemi's elves. Sophie Prideaux / The National
Journalist Sophie Prideaux with Rovaniemi's elves. Sophie Prideaux / The National

Santa Claus and Disneyland at 28: you're never too old for some childlike magic


Sophie Prideaux
  • English
  • Arabic

I recently found myself surrounded by elves in the middle of an enchanted forest. Of course, elves are not real. I know that. But after half an hour in their company, I almost started to forget. With their prosthetic noses, glowing skin and ethereal manner, they managed to create a world in which seven adults – from all corners of the world – left their serious brains at the door and let themselves get lost in a cloud of magic so rarely found in adulthood.

I sang along as they taught us songs, I didn't roll my eyes as they joked about red and green traffic lights being Christmas ornaments, and I'm not ashamed to admit I even performed a dance at one point. Anyone who knows me would struggle to imagine that, especially if I tell you that it involved flapping my arms like a penguin. But here we are. Sometimes, when the world is in turmoil and our everyday lives are filled with stress and seriousness, reverting to a level of childlike glee is just what the doctor ordered.

I should point out that I was part of a tourism group visiting Rovaniemi in Finland – the official home of Santa Claus. When I saw on the itinerary that we would have the chance to meet the man himself, my heart did a little leap. Even though I knew it was coming, the moment still came as a surprise. We were in an elf hut, built into the side of a hill deep in the Lappish forest, exploring Santa's control centre. We were told the elves's workshop lay below our feet and after peering through a telescope that extended beneath the floor, we could indeed see them working away. Our faces lit up, but it was nothing compared to the moment a door slid open to reveal Santa waiting for us in his grotto.

At 28, I thought my days of visiting Santa were over, or at least until I had some little believers of my own. But there I was telling this jolly man what I wanted for Christmas, giddy alongside the rest of the group.

I had the same feeling when I first visited Disneyland, at the age of 26. I never went as a child but, in my opinion, it's never too late to start. It is just as common to see groups of friends and couples enjoying the parks as it is to see children. Perhaps it's the nostalgia they are chasing, or that feeling of escapism, but these safe spaces are built purely to spark joy – and who doesn't need that in their lives every so often?

Most people travel so they can have a break from their real lives, so they can meet new people and experience new things. But sometimes, it's nice to get reacquainted with old faces, or experience things that take you back to a happy memory you to leave your reservations at the door and be in the moment.

I tried to remember a time, after leaving Santa's grotto, when I felt a level of such childlike excitement in recent years. Perhaps I had, only to mask it with layers of worries or stresses or fears of judgment. When I got home, I told everyone how magical it must be to visit Santa in Finland as a child, how it's something you would cherish for ever. But the truth is, magic isn't only for children.

If you go

Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.

Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com

A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com

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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.”