Food for thought: Ditch the deli meat



Filling our lunchtime sandwiches with innocent-looking deli meats could be causing significant detrimental effects to our health - beyond those currently understood - to such a degree that it would be prudent to reconsider our decision to include any processed meats in our diet.

It is well-documented that consuming red meat has been found to increase the risk of colorectal cancer by up to 28 per cent and that a high consumption of processed meats increases your risk by 20 per cent, according to a US study featured in a journal of the Harvard Medical School. The UK government shares these concerns and last year advised the limitation of red meat consumption to 70 grams a day.

However, new research takes a more sinister turn, with a special focus on processed meats and pancreatic cancer. A study published in the British Journal of Cancer set out to investigate this link and analysed data from at least 11 trials and 6,643 patients with pancreatic cancer.

Professor Susanna Larsson from the Karolinska Institute in Sweden conducted the study and found that "eating processed meat increased the risk of pancreatic cancer. The risk increased by 19 per cent for every 50g someone added to their diet. Having an extra 100g would increase the risk by 38 per cent".

These statistics are certainly significant enough for us to completely rethink our consumption of processed meat, especially when we consider that "pancreatic cancer has poor survival rates", says Larsson.

It is worth noting that Sara Hiom, the information director of Cancer Research UK, points out that "the jury is still out as to whether red meat is a definite risk factor for pancreatic cancer and larger studies are needed to confirm this, but this new analysis suggests processed meat may be playing a role".

This research suggests that while we don't need to completely exclude red meat from our diets, we really do need to be cautious when it comes to deli-counter processed meats, since these usually contain added nitrates, MSG, corn syrup and a cocktail of artificial colours and additives - and there is a wealth of reliable research detailing the harmful effects of consuming such products.

Laura Holland is a well-being consultant and nutritional therapist. For more information, visit www.BeUtifulYou.co.uk

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

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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.”

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed