Emily's exposed brickwork walls are all painted in a delicate off-white. She has made a set of antlers into a place to store her jewellery. Photo by Debi Treloar
Emily's exposed brickwork walls are all painted in a delicate off-white. She has made a set of antlers into a place to store her jewellery. Photo by Debi Treloar

A Minute With: Emily Chalmers, the owner of Caravan



Emily Chalmers is the author of a number of interiors books, including the bestselling Modern Vintage Style. She lives in London.
I live in a 1960s ex-local authority building in East London, right next to the Columbia Road flower market. It's such a vibrant area with so much energy. It constantly inspires me.
I love London. It might be because I grew up in a countryside village where there are only 16 houses and no buses or trains, but I always find it amazing that you can get whatever you want at any time in the city. Everything is accessible, and yet there are pockets that are really peaceful.
My home is still evolving. I've always been interested in architecture and I try to reflect the feeling of a house when I decorate. I've painted all the walls, woodwork and floorboards in the same specific off-white colour: Dulux 1002Y. I've seen it being mixed. It has tiny amounts of grey, turquoise, coral and yellow ochre in it, which just gives it a touch of warmth.
Home is where I can be myself. I like to be surrounded by things that I love and to be cosy.
My first baby, Bunty, was born seven weeks ago, so I've spent so much more time at home recently with her, which is lovely. Before, I used to practically live in my shop. It's exciting to decorate her bedroom, and becoming a mother has made me look at interiors in a different way.
Ilse Crawfordis one of my favourite designers. She shows such integrity in her work. Her interiors reflect society today. They're solid and long-lasting.
It means nothing to say that an object is "designer" - everything has been designed by somebody. I wish that people wouldn't take design so seriously. Everyone's a designer in their own way.
A lot of the design industry is so highbrow and people can be obsessed with names. It's a really male-orientated industry, too.
I'm juggling having the new baby and running my business at the moment. I've had an idea for another book, too. We're expanding the website for Caravan Style this spring and working on a brand new bricks-and-mortar shop, which is due to open next summer. My shop has always been an extension of my home, really, and this new one is literally 90 steps from my front door - the perfect location. I've signed a 10-year lease.
If ever I want to update a space, I clean it, tidy it and rearrange everything. Have a good sort out. You don't have to paint it or buy new things. Just by positioning things in a different way, you can make a whole room feel completely different. It's just energy.
When you've worked in a shop for years, you really appreciate a weekend off. As we're moving the shop, I've managed to have proper weekends recently for the first time in a while. I like to potter around one of our excellent local markets, shopping for food or bric-a-brac, then have breakfast somewhere. Breakfast has always been my favourite meal to eat out.
I still buy CDs. I listen to Metronomy and Emmy the Great. That's the sort of thing I like. I'm into the French 1970s singer Serge Gainsbourg at the moment, too, which is a bit odd.
Good design is when people think practically and aesthetically. It's wonderful when you find something that's really well designed, an item that's built to last and has a story.
I've learnt so much over the past few years: always listen to your instincts, take each day as it comes and be confident in your convictions.
Life inspires me. Nature inspires me. But mostly I'm inspired by people who have a passion for what they do, whatever it is.
There's a dog grooming parlour next door to my new shop and I love it. Today, I walked past and there were two massive poodles at the back, one being blow-dried, the other being sheared. It's the most wonderful thing to see on your way to work.
I adore the photographer Tim Walker's book Pictures. It's huge, and I dip in and out of it all the time. Dyed cats and bunnies - it's surreal.
I find inspiration in the most unexpected places. Having Bunty was the perfect excuse to buy a plastic bucket with a lid from our local grocer's shop. I've had my eye on it for ages. My husband said, "This is an example of why nobody can ever buy you a gift, Emily. That plastic bucket is the last thing I thought you'd ever want."
Modern Vintage Style by Emily Chalmers is available to order via Magrudy's or www.amazon.com. For more on Emily and her shop, visit www.emilychalmers.com or www.caravanstyle.com

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

Info

What: 11th edition of the Mubadala World Tennis Championship

When: December 27-29, 2018

Confirmed: men: Novak Djokovic, Rafael Nadal, Kevin Anderson, Dominic Thiem, Hyeon Chung, Karen Khachanov; women: Venus Williams

Tickets: www.ticketmaster.ae, Virgin megastores or call 800 86 823

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Neo%20Mobility%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20February%202023%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Abhishek%20Shah%20and%20Anish%20Garg%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Logistics%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Delta%20Corp%2C%20Pyse%20Sustainability%20Fund%2C%20angel%20investors%3C%2Fp%3E%0A
Formula%204%20Italian%20Championship%202023%20calendar
%3Cp%3EApril%2021-23%3A%20Imola%3Cbr%3EMay%205-7%3A%20Misano%3Cbr%3EMay%2026-28%3A%20SPA-Francorchamps%3Cbr%3EJune%2023-25%3A%20Monza%3Cbr%3EJuly%2021-23%3A%20Paul%20Ricard%3Cbr%3ESept%2029-Oct%201%3A%20Mugello%3Cbr%3EOct%2013-15%3A%20Vallelunga%3C%2Fp%3E%0A
How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

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.”

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E3.0%20twin-turbo%20inline%20six-cylinder%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3Eeight-speed%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E503hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E600Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh450%2C000%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E77kWh%202%20motors%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E178bhp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E410Nm%0D%3Cbr%3E%3Cstrong%3ERange%3A%20%3C%2Fstrong%3E402km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh%2C150%2C000%20(estimate)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ETBC%3C%2Fp%3E%0A
A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5