Dr Justin Thomas, an assistant professor at Zayed University, has been studying depression among Emiratis for the past two years.
Dr Justin Thomas, an assistant professor at Zayed University, has been studying depression among Emiratis for the past two years.

Why summer is the Gulf's SAD season



ABU DHABI // Scientists and psychologists have long pinpointed Vitamin D deficiency as a reason why colder temperatures and shorter days lead to "winter blues" in other parts of the world.

But in the UAE, the condition may exist in reverse, a research team from Zayed University has found. Residents of the Emirates may be prone to an inverted variety of Seasonal Affective Disorder (SAD) after being trapped indoors due to the intolerable heat of the summer months.

And those who wore sun cream, abayas or khandouras during the summer blocked still further what little Vitamin D their bodies could absorb, making them more depressed, according to researchers.

The study by a team from Zayed University and the Institute of Laboratory Medicine at Sheikh Khalifa Medical City - published last month in the International Journal of Mental Health Promotion — is one of the first in the region to link the change in seasons in the Gulf climate with depressive symptoms and Vitamin D deficiency.

The benefits of Vitamin D have been widely touted by a growing body of medical experts who suggest that sunlight helps prevent osteoporosis and depression, as well as certain forms of cancer, such as breast cancer.

The study, funded by the Emirates Foundation, closely monitored any shift in mood among 197 female undergraduate students over two-week periods in October and March. Participants completed individual questionnaires, and submitted blood samples to test their Vitamin D levels.

The research found that depressive symptoms and decreasing levels of the vitamin were far more prevalent in samples taken in October, following the end of summer.

The participants were all Emirati, but the results are expected to shed light on possible cases of reversed SAD among all UAE residents.

Research from a previous study at the university found no difference in the change in levels of depression between men and women.

While there was a link between depressive symptoms and decreasing levels of Vitamin D, it was not yet possible to determine conclusively the exact nature of the relationship, said Dr Justin Thomas, a professor of psychology at Zayed University. Dr Thomas, who was involved in the research, is also a columnist for The National.

The key questions, he said, were whether depression caused Vitamin D deficiency, whether decreasing levels of the vitamin caused mood shifts, or whether a third factor causes both.

"As people withdraw from the sun and outdoors during the hottest months of the year, they become isolated, which can give rise to feelings of depression," he said.

The cycle of depressive symptoms and Vitamin D deficiency was broken during the cooler winter months, when residents are able to participate in "sun-enhanced behavioural activation", he said.

The next step for researchers would be to test for whether depression abates when subjects are supplemented with different dosages of Vitamin D. Determining the dosage can be difficult, as people who are older, obese or have darker skin have more difficulty absorbing the vitamin.

The only vitamin that the body synthesises itself, Vitamin D is largely created by the action of ultraviolet rays on the skin, and is difficult to obtain from sources other than the sun. The vitamin is naturally present in very few foods.

While supplements are available in many pharmacies, Dr Thomas said the recommended dosage of 400 international units (IUs) is too low to have any influence. Other studies have used as much as tens of thousands of IUs to determine whether the vitamin has any effects.

"The problem is that most people are deficient in this vitamin — it is abnormal to have the right amount, even based on international guidelines," he said.

Dr Amber Haque, an associate professor of psychology at United Arab Emirates University, said that it was normal to feel helpless and depressed in the summer months.

"Just like the 'winter blues', the lack of outdoor activity and maybe exposure to the sun could have effects on the mind," he said.

"When we are not engaged in any activity, life becomes boring, and we begin to think deeply about things, whether they are positive or negative. We may become hooked on television, computers or eating, continuing the cycle of depression."

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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