And the loser is ... the British villain in Hollywood


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When I popped into an Abu Dhabi hair salon last month, I enjoyed watching Braveheart with a group of Pakistani men as much as getting the trim. Just as William Wallace was about to deliver a stirring pep talk before the battle of Stirling Bridge, the barber turned off the TV. "Almost prayer time. So sorry." I told him that I understood. "But they are your people," he replied.

He could not have been referring to the English in shining armour, or to Mel Gibson - even my wife wouldn't humour me with the comparisons. I must have resembled the ragtag Scots behind William Wallace: that's why I needed the trim. Before I could explain that I was an American, several generations removed from Ireland, the muezzin began his call; the room fell silent. I didn't think to identify myself quickly as a "Plastic Paddy". He might have understood. They probably have their share, even in Pakistan.

When the barber turned the TV back on the English cavalry was getting wiped out by the Scots. "Happy?" the barber laughed. It was only as US marines were being mowed down by the Na'vi in the hundreds in Avatar that I remembered the barber's question. The enemies in Avatar don't just speak in English, they speak American. And while The Hurt Locker edged out Avatar to win the Oscar for best picture on Sunday night, actors with British accents also won a small victory: they might have had fewer roles as villains in Hollywood epics if Avatar had won. The victory would have put the Academy's stamp on an important changing of the guard in Hollywood: Americans replacing the British as the go-to bad guys.

From the worst of the Romans in Ben Hur to Darth Vader's officers aboard the Death Star, they all spoke in British accents. The actors didn't even have to be British themselves. When Yul Brenner played Ramses II in The Ten Commandments he speaks in the same authoritative tone as Pierce Brosnan in Mrs Doubtfire. And they all sound similar to a few of my English superiors at The National. "By condemning without hesitation, I shall be feared," proclaims Messala in Ben Hur. "The problem with Scotland is that it is full of Scots," declares King Edward I in Braveheart. These great lines just don't sound the same if they aren't delivered from the mouth of an Englishman - or at least in the manner that an American thinks a pompous Englishman would.

The rhetoric from the war on terror sprinkled through Avatar works the same way. Avatar's Colonel Quaritch, and his eagerness for military action, just wouldn't have sounded the same in the accent of a British public schooler. Tony Blair is probably the only one who could have made it believable. In real life, he did. Avatar's antagonist speaks like someone from about as far away linguistically from Sussex as you can get: the American South. This made Stephen Lang, who plays the US marine vet intent on blowing the Na'vi back to the stone-age, a perfect fit. Lang is actually the son of Hungarian-Jewish and Irish immigrants and grew up in New York City.

But playing the Confederate generals Stonewall Jackson and Thomas Pickett in two films about the US Civil War, he was well cast; Lang knew how to speak in the accent of a character on the wrong side of history. Of course, Lang's casting as Avatar's antagonist is only a small reflection of what has changed in real life since James Cameron directed his last blockbuster, Titanic, where even the aristocratic Americans on board spoke in posh British tones. Titanic was released in 1997, the same year the British sailed out of Hong Kong. Of course, that's not the only influence that had a bearing on the voice of international villainy. Indeed, there are several members of the Bush administration who would be well-cast as the Titanic's crew if Cameron could make a sequel.

Avatar will certainly have a second act. Perhaps the British will arrive then, with their accents and possibly a few Frenchman and Italians, as Nato comes to share the burden of its American allies, seeking revenge against the Na'vi. And maybe they can be such good friends as to convince the Yanks that it's not worth the fight? I wouldn't count on it. pgranfield@thenational.ae

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Another way to earn air miles

In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.

An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.

“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.

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.”