Trials and tribulations of a reluctant football supportee


Colin Randall
  • English
  • Arabic

My friend Graham reached middle age without professing more than a passing interest in football, but became a reluctant supporter after marrying a woman with a burning passion for the game. One word nearly sent him back to that earlier state of blissful unconcern. After offering some thoughts on crowd behaviour to a magazine, he was horrified to see his remarks paraphrased so that he appeared to describe himself as an "attendee".

Graham, pernickety in his choice of language, would no more use "attendee" than enter a cage for unarmed combat with a hungry lion. It is some time since we met, but he came instantly to mind as I read an interview with Karen Gillan, an actress with a leading role in the new series of the internationally popular British television series Doctor Who. What possible offence could Miss Gillan have caused her interviewer, from the British Sunday newspaper The Observer to find herself referred to as an "auditionee" for the part?

Attendee may be bad enough; I can think of only one -ee construction as ugly as auditionee. I will never forget the bus journey on which I first encountered the sign: "Standees are not allowed beyond this point." There is, of course, a distinction. The man from The Observer could point out that he was using -ee to form the direct object of the verb, something that attracts no complaint when we hear about interviewees, trainees and employees.

He may even accept that attendee and standee are simply wrong, yet unashamedly defend his attachment to auditionee. It seemed a good idea to turn to Fowler's Modern English Usage, not because Henry Watson Fowler and I always agree but because his arguments are so often presented entertainingly and with elegance. Mr Fowler noted several -ee formations in legal terminology. Persons to whom something is let, sold, entrusted or referred become lessees, vendees, trustees and referees, all examples of the indirect object.

Mr Fowler allows the legalistic usage to pass without criticism before moving on to such "agent-nouns" as refugees, debauchees and absentees. These are of French origin, deriving from reflexive nouns where the objects and subjects are the same. They represent what Mr Fowler calls a "modern tendency", which means he disapproves: "We already have at least three suffixes for that purpose (-er, -or and -ist) and to use one whose natural meaning is the opposite is gratuitously confusing. The unskilled workers used to 'dilute' skilled workers in time of war should have been called diluters instead of dilutees; the skilled were the dilutees."

I use the present tense, but it is worth remembering that Mr Fowler was writing more than a century ago; the continuing battles we have on linguistic issues vindicate another product of France, the phrase plus ça change, plus c'est la même chose (the more things change, the more they stay the same). But no debate is required to see that if we take Mr Fowler as the authority, the person standing on a bus cannot possible be a standee, and the man at the football match is not an attendee. It is correct, however, to give Miss Gillan the ungainly status of a former auditionee.

I began with the single word that tested Graham's new-found interest in football, and shall end with the series of words that threatened to kill it off. Watching his wife's team leave the field 4-0 down at half-time, he idly imagined himself at the interval of a more genteel performance, the opera or a play perhaps, and began to applaud. The man behind exploded. "I've just spent half a week's wages travelling to the other end of the country to watch that heap of rubbish - and you sit there applauding," he exclaimed. Even with the expletives deleted, it is easy to imagine what the rebuke must have felt like in Graham's ears.

Colin Randall is a contributing editor to The National and can be contacted at crandall@thenational.ae

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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.”

Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”