Piaget
Last month, Piaget brought its high-jewellery collections to Art Dubai for the second year running. These included pieces from the Sunny Side of Life collection, inspired by the Sun and the energy of Palm Springs – but which could easily have been referencing the UAE. Brought to life with coloured emeralds, rubies, sapphires and diamonds, the jewels were set onto handworked white, yellow and rose gold. The Palace décor goldwork lent a 1960s retro mood to the earrings, rings and necklaces. Simple band necklaces featured tourmalines, spinels and diamonds fanning out like rays of sunlight, while cuffs from the Extremely Piaget range had gold inlaid with malachite, lapis lazuli and turquoise. The Lush Nature collection blended gems with feather marquetry, and showed a pair of diamond earrings with flamingo pink feathers. Each Piaget stone is fully certified in compliance with the Kimberley Process.
Vacheron Constantin
Launched as the world's most complicated wristwatch at the 2017 Salon International de la Haute Horlogerie in Geneva before being brought to Dubai, Les Cabinatiers Celestia Astronomical Grand Complication 3600 took seven years to create. Composed of 514 components, the calibre is so skilfully integrated that 23 complications fit into a depth of just 8.7mm. Running on three time scales, civil (what the watch you are wearing is set to), solar (the Earth's orbit around the Sun) and sidereal (the track of stars across the sky), each movement has its own gear chain, ensuring accuracy for 2,600 years. The front face also carries a mareoscope (to indicate tides), a perpetual calendar, precision moonphase, sunrise and sunset times and zodiac signs. At 11 o'clock sits a 3-D depiction of the alignment between the Earth, Moon and Sun. The reverse face shows sidereal time as an etched map of the night sky. Finally, a tourbillon sits at 6 o'clock. Manually wound, this Vacheron Constantin timepiece has a power reserve of three weeks. This is a truly unique piece, and we have it on good authority that it has already been purchased by a collector in the Middle East.
Chopard
The new high-jewellery designs from Chopard's For You and Happy Hearts collections use emeralds and malachites in regal hues of green. The For You range features vibrant cherry blossoms, but don't expect to see any pastel pink buds here. Rather, the flowers are crafted from the finest white diamonds and emeralds. The artistic timepieces juxtapose embossed satin straps with dials surrounded by pear-shaped and brilliant-cut diamonds and emeralds. In this season's Happy Hearts range, the colour green remains ever-present, in the form of striking malachite, contained within dainty heart shapes. The romantic icon is a personal favourite of Chopard's artistic director and co-president, Caroline Scheufele, who opted for malachite due to its positive and protective qualities. The hearts are placed at the opposite ends of rose-gold bangles, made from malachite or speckled with diamonds. Drop earrings feature a trio of hearts, a cocktail ring flaunts heart clusters of varying sizes and a layered chain is also decorated with the motif.
Nejla bint Asem
For her latest collection of jewellery, Princess Nejla bint Asem, who is a member of Jordan's royal family, drew on memories from her childhood. "I was inspired by my history and by my family. My grandmother was an Ottoman and she had all these special pieces that I was very attached to." As a child, Princess Nejla would experiment with creating her own jewellery. "Four or five years ago, I decided to take a jewellery course in Florence, to turn my hobby into a career." Her latest, eponymous collection is being sold exclusively at Damas in The Dubai Mall, and consists of 16 pieces that offer a delicate take on Oriental motifs. "It's very East meets West," she explains. "But lighter and more modern. There is a simplicity to the pieces." Princess Nejla is wearing designs from her own collection at the Damas launch, and admits to gravitating towards jewellery that is significant in some way. "I like to wear pieces that are personal or that have meaning. My favourite piece of jewellery was designed by my father for my 13th birthday. It is a turquoise drop necklace that forms the Arabic letter 'N'. I just fell in love with it."
Read this and more stories in Luxury magazine, out with The National on Thursday, April 13.
sdenman@thenational.ae
FORSPOKEN
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Starfield
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SQUADS
South Africa:
Faf du Plessis (capt), Hashim Amla, Temba Bavuma, Farhaan Behardien, Quinton de Kock (wkt), AB de Villiers, JP Duminy, Imran Tahir, David Miller, Wayne Parnell, Dane Paterson, Andile Phehlukwayo, Dwaine Pretorius, Kagiso Rabada
Coach: Ottis Gibson
Bangladesh:
Mashrafe Mortaza (capt), Imrul Kayes, Liton Das (wkt), Mahmudullah, Mehidy Hasan, Mohammad Saifuddin, Mominul Haque, Mushfiqur Rahim (wkt), Mustafizur Rahman, Nasir Hossain, Rubel Hossain, Sabbir Rahman, Shakib Al Hasan, Soumya Sarkar, Tamim Iqbal, Taskin Ahmed.
Coach: Chandika Hathurusingha
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
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.”
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
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Wonka
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