Food obsession can be a beautiful thing in moderation



I adore Joni Mitchell. She might even be my favourite performer of all time. But I don't listen to her so often anymore, and that's because I can't. Something happened one day, midway through the album Miles of Aisles. Call it saturation point, supercritical mass, or maybe an overdose of A Case of You, but I was over it, or, at least, I was over the part where Mitchell's golden voice provided the soundtrack to my every waking and sleeping move. As we all know: Obsession in the Calvin Klein sense is hot; obsession in the Glenn Close sense is not.

Not very long ago, there was an Adele song - and I'm not going to say which one, but let's just say that you've probably heard it - that I needed to hear on endless loop. Deep into this infatuation, after I had the song playing repeatedly on my home stereo for about 18 hours, a friend stopped by. She had to bang on the door to combat the volume of Adele's soulful trilling. When I let her in, she mouthed something; I turned down the music so I could hear. "I hope your neighbours like Adele as much as you do." Well, I hoped so, too.

When I was a grown-up with a desk job, I brought packed lunches to the office or ordered in from a place on Salam Street called Breakfast to Breakfast, then routinely posted photos of these lunches in online food forums. I don't do that anymore, now that I have the perceived advantage of working from home, where I can be as weird as I please. My lunches generally consist of the same thing, day in and day out, until that thing gets replaced with a new thing. And so it goes.

I've featured some of those obsessions in my column: wedge salads, sardines, Chicago-style hot dogs, pickles, grilled cheese sandwiches. Sometimes they become obsessions after I've written about them. Other times, I end up writing about them because there's nothing else I am capable of writing about. My obsessions are part of my eating life, and I write about my eating life.

The end of my Adele story is: no sooner than 72 hours after the tune had brought me to my knees, it brought a gag to my throat. I'd had my fill - because this is what I do. I get obsessed, and then I move on. This happens most remarkably with food, and less notably with people, thank goodness. My attention span in that department seems to have settled down over the years, and I'm blessed with friends who tolerate my vicissitudes in other areas. Short attention spans and distractibility are meant for gnats and magpies, we're told, and not for human beings.

"What I'm wondering is, how do you get your friends to partake in your obsessions?" asks my friend Amy. The answer is that I like to feed them, so they often get stuck eating what I eat. Amy's the one who showed up when Adele and I were at fever pitch. She's eating a pickle, but only because there's actually nothing else to eat in my fridge, which, this week, happens to contain about 40 kinds of pickle. Poor Amy will break into a cold sweat now at the mention of grilled cheese sandwiches, after tasting about 20 of them with me last autumn in the name of what I called "nostalgic research". It was a lame attempt to disguise my obsession of the moment, but nobody was fooled.

While some of the battle scars from these broiling affairs have healed (avocados, Joni), with others (Sriracha, Adele), the damage runs deep. I write to friends and ask them whether they've hurt themselves in a similar fashion, or if I'm all alone. "We used to melt down our cheap Easter chocolate and dip bananas in the big pot until we couldn't breathe. I guess you could call it 'juvenile fondue'," admits my friend Grace. "Now, the only time I can see myself breaking down and eating bad chocolate again is if I end up as a plane crash survivor in the Andes."

Food start-ups that focus on one product to the exclusion of almost all others are nothing new - just take a look at Dunkin' Donuts, Subway and Starbucks. But businesses that have taken this concept and elevated it to a boutique format - or more intensely, a lifestyle - are a more recent trend. Santa Fe's Whoo's Donuts serves doughnuts like their signature pistachio cake with white chocolate lemon ganache (very good), and restaurants such as New York's awesome Peanut Butter & Co Sandwich Shop offers a menu of almost two dozen different peanut butter sandwiches, such as The Heat Is On (spicy peanut butter, grilled chicken and pineapple jam). It's described as tasting "like a Thai satay - only better", but that really doesn't do it justice. I'm glad I don't live in New York because if I did, I'd eat the sandwich every day until I never wanted to look at it again. And that would mean that I wouldn't have the pleasure of obsessing over it right now.

What does it take for a restaurateur to succeed while serving exclusively rice pudding (Rice to Riches, also in New York) or almost exclusively macaroni and cheese (Homeroom in Oakland, California)? I'm going to guess that obsession is a common theme here, if only because it makes me feel a little better about mine. For one thing, it means there are people out there who are way more committed to their obsessions; mine usually last only a few days, which could indicate some commitment issues, too. But who's counting issues? The way I see it, a restaurant that specialises on one thing also represents a focus on doing one thing well, which happens all too rarely in the restaurant world. And if it happens to be a restaurant that serves the one thing I want to be eating, well, even better.

Nouf Al-Qasimi is an Emirati food analyst who cooks and writes in New Mexico

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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.”

Brief scores:

Manchester United 4

Young 13', Mata 28', Lukaku 42', Rashford 82'

Fulham 1

Kamara 67' (pen),

Red card: Anguissa (68')

Man of the match: Juan Mata (Man Utd)

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.