The actor Topher Grace says he took lessons in Russian pronunciation from Mila Kunis for his role as a CIA agent in The Double.
The actor Topher Grace says he took lessons in Russian pronunciation from Mila Kunis for his role as a CIA agent in The Double.

Topher Grace confesses to nostalgia for Cold War certainties



Perhaps the loudest (mainly female) cheers from the edges of the red carpet at this year's Abu Dhabi Film Festival so far have been those reserved for Topher Grace, the US actor who stars alongside Richard Gere in the spy thriller The Double. The film, which was co-produced by Abu Dhabi's Image Nation, a subsidiary of The National's parent company, Abu Dhabi Media, had its world premiere on Saturday night at the Abu Dhabi Theatre.

And although the film was shot in the US, mainly in Detroit, by the American director Michael Brandt and with American actors, Grace thought that having the world premiere in the Middle East helped highlight the movie's international appeal.

"When I tell a joke, I like someone who's 90 to get it and someone who's nine to get it. That's when you know it's a solid joke. And I feel the same way culturally, too," he says. "I really liked Avatar, but so did everybody else. There's something to be said about certain things that have a lot of success, there seems to be a reason."

In The Double, Grace plays a CIA agent on the hunt for a Russian assassin who is back after a 20-year exile, a story that harks back to the espionage thrillers of the Cold War.

"One of the few things that was good about the Cold War was that it provided America with a very black-and-white idea of who were the good guys and who were the bad guys," he says. "It's a different world now, but I think there's a sort of nostalgia for that, which is interesting."

Having to speak a few lines of Russian in the film saw Topher call his former That '70s Show fellow star (and Russian-born) Mila Kunis for pronunciation help. And he says that he's still in touch with many of the actors from the television programme that brought him to public attention. "I actually just went to a taping of Ashton's for Two and a Half Men."

Topher last appeared alongside Ashton Kutcher in last year's 24-hour romcom Valentine's Day, in which he has a particularly awful date with Anne Hathaway. But as far as dates go, it's not his worst. "This one time, there was some guy in a corner pointing in my direction and making noises. It was a blind date and I didn't know the girl at all well," he says. "Then he tapped his buddy and they started going 'yeah, yeah, yeah'. I thought this was so rude. So I turned to them, said, 'Excuse me, I know I'm famous, relax'. And she said to me, 'I think they're watching the football game on the TV behind you.' We're not in touch anymore."

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Cargoz%3Cbr%3E%3Cstrong%3EDate%20started%3A%3C%2Fstrong%3E%20January%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Premlal%20Pullisserry%20and%20Lijo%20Antony%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2030%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 

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 specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

Top New Zealand cop on policing the virtual world

New Zealand police began closer scrutiny of social media and online communities after the attacks on two mosques in March, the country's top officer said.

The killing of 51 people in Christchurch and wounding of more than 40 others shocked the world. Brenton Tarrant, a suspected white supremacist, was accused of the killings. His trial is ongoing and he denies the charges.

Mike Bush, commissioner of New Zealand Police, said officers looked closely at how they monitored social media in the wake of the tragedy to see if lessons could be learned.

“We decided that it was fit for purpose but we need to deepen it in terms of community relationships, extending them not only with the traditional community but the virtual one as well," he told The National.

"We want to get ahead of attacks like we suffered in New Zealand so we have to challenge ourselves to be better."

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

While you're here

Michael Young: Where is Lebanon headed?

Kareem Shaheen: I owe everything to Beirut

Raghida Dergham: We have to bounce back