Queen Consort Camilla at a public event in London last week. She has cancelled this week's commitments due to Covid. Getty
Queen Consort Camilla at a public event in London last week. She has cancelled this week's commitments due to Covid. Getty
Queen Consort Camilla at a public event in London last week. She has cancelled this week's commitments due to Covid. Getty
Queen Consort Camilla at a public event in London last week. She has cancelled this week's commitments due to Covid. Getty

Queen Consort Camilla tests positive for Covid


Simon Rushton
  • English
  • Arabic

Queen Consort Camilla has tested positive for Covid-19 and has cancelled all public engagements for this week, Buckingham Palace said on Monday.

The wife of Britain's King Charles III had already pulled out of appointments scheduled for Tuesday because of what was initially described as “seasonal illness”.

“After suffering the symptoms of a cold, her majesty The Queen Consort has tested positive for the Covid virus,” said the palace statement.

“With regret, she has therefore cancelled all her public engagements for this week and sends her sincere apologies to those who had been due to attend them.”

On Wednesday, the royal couple were due to host a reception at Clarence House to celebrate the second anniversary of her online book club The Reading Room with authors and members of literacy charities.

The following day they were scheduled to attend a reception at Milton Keynes to celebrate it being awarded city status as part of the late Queen Elizabeth II's platinum jubilee celebrations.

The queen consort had already pulled out of a visit to a school in Birmingham and a library in Telford, Shropshire, which were lined up for Tuesday.

  • Actor Will Sharpe meets King Charles at the Buckingham Palace reception. Reuters
    Actor Will Sharpe meets King Charles at the Buckingham Palace reception. Reuters
  • King Charles meets Oliver Kendal and Joshua Carrot, also known as YouTubers the Korean Englishmen, at the reception. Reuters
    King Charles meets Oliver Kendal and Joshua Carrot, also known as YouTubers the Korean Englishmen, at the reception. Reuters
  • King Charles meets Enkhjargal Danzanbaljir, president of the Association for the Development of Mongolian Women in Europe, at a Buckingham Palace reception hosted by the king and Queen Consort Camilla to celebrate the contribution to Britain by East and South-East Asian communities, on February 1. Reuters
    King Charles meets Enkhjargal Danzanbaljir, president of the Association for the Development of Mongolian Women in Europe, at a Buckingham Palace reception hosted by the king and Queen Consort Camilla to celebrate the contribution to Britain by East and South-East Asian communities, on February 1. Reuters
  • Dashzeveg Tserenbat meets King Charles at the reception. Reuters
    Dashzeveg Tserenbat meets King Charles at the reception. Reuters
  • King Charles with representatives of Britain's East and South-East Asian communities at Buckingham Palace. Reuters
    King Charles with representatives of Britain's East and South-East Asian communities at Buckingham Palace. Reuters
  • Queen Consort Camilla greets a guest at the reception. AP
    Queen Consort Camilla greets a guest at the reception. AP
  • Princess Royal Anne also greeted guests at the reception on February 1. PA
    Princess Royal Anne also greeted guests at the reception on February 1. PA
  • Prince Edward, the Earl of Wessex, at the reception. PA
    Prince Edward, the Earl of Wessex, at the reception. PA
  • King Charles hosts members of Britain's East and South-East Asian communities. PA
    King Charles hosts members of Britain's East and South-East Asian communities. PA
  • Queen Consort Camilla poses with two guests at the reception. PA
    Queen Consort Camilla poses with two guests at the reception. PA
  • Queen Consort Camilla with a guest. PA
    Queen Consort Camilla with a guest. PA
  • Queen Consort Camilla with women from Britain's East and South-East Asian communities at Buckingham Palace. PA
    Queen Consort Camilla with women from Britain's East and South-East Asian communities at Buckingham Palace. PA
  • Queen Consort Camilla with women from Britain's East and South-East Asian communities at Buckingham Palace. PA
    Queen Consort Camilla with women from Britain's East and South-East Asian communities at Buckingham Palace. PA
  • Queen Consort Camilla with women from Britain's East and South-East Asian communities at Buckingham Palace. PA
    Queen Consort Camilla with women from Britain's East and South-East Asian communities at Buckingham Palace. PA
  • King Charles with Will Sharpe. AP
    King Charles with Will Sharpe. AP
  • Princess Royal Anne and Prince Edward chat at the reception. AP
    Princess Royal Anne and Prince Edward chat at the reception. AP
  • King Charles shares a joke with guests at the Buckingham Palace reception. AP
    King Charles shares a joke with guests at the Buckingham Palace reception. AP
  • King Charles meets TV presenter and fashion designer Alexa Chung, and Dominic Chung, at the reception. AP
    King Charles meets TV presenter and fashion designer Alexa Chung, and Dominic Chung, at the reception. AP
  • Queen Consort Camilla chats with reception guests. PA
    Queen Consort Camilla chats with reception guests. PA
  • King Charles meets fashion designer John Rocha at Buckingham Palace. PA
    King Charles meets fashion designer John Rocha at Buckingham Palace. PA

A Buckingham Palace spokesman said the queen consort was suffering from a “seasonal illness” and it was hoped new dates could be found soon for the postponed events.

A few hours later, the Covid result was announced and all this week's appointments cancelled.

The queen consort caught Covid early last year and had to cancel her appearance at a number of events.

Princess Anne deputised for her at the Cheltenham Festival last March. The queen consort also missed a Commonwealth event.

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.”

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