The Jungle Book
Director: Jon Favreau
Starring: Neel Sethi, Idris Elba, Ben Kingsley, Scarlett Johansson, Bill Murray
Four stars
The Jungle Book, Rudyard Kipling's collection of short stories, has inspired several films, most famously Disney's much-loved 1967 animated sing-a-long.
Iron Man director Jon Favreau's new version for Disney, a compelling blend of live action and computer wizardry, tips its hat to the cartoon as it vividly brings to life Kipling's story of the man-cub Mowgli.
Played by newcomer Neel Sethi, Mowgli is an agile young boy raised in the jungle by wolves and guided by wise panther Bagheera (voiced by Ben Kingsley).
However, he is also in the crosshairs of snarling, scar-faced tiger Shere Khan (Idris Elba), whose disfigurement is intertwined with Mowgli’s arrival in the jungle years earlier.
Scripted by Justin Marks, the story clips along as Mowgli is spirited away to the edge of the jungle by Bagheera to keep him safe from Shere Khan’s claws.
Left on his own, Mowgli must decide whether to return to the world of humans in a nearby village – but then he meets Baloo (Bill Murray), the sloth bear with a taste for honey.
Murray brings a huge amount of warmth and humour to the film, notably in the scenes in which he convinces Mowgli to climb a rock face and steal the bees’ delicious golden nectar. Their adventures get even stranger when Mowgli encounters Louie (Christopher Walken), the orang-utan “King of the Swingers” from the cartoon, reborn here as the hulking (and extinct) primate, the Gigantopithecus.
In what might be the film's only major misstep, aside from Mowgli's grating American accent, several of the songs from the Disney cartoon are "reinterpreted". So you get Murray speak-singing Baloo's joyful anthem The Bare Necessities, Scarlett Johansson's python Kaa hissing the hypnotic Trust In Me, and Walken's King Louie riffing on I Wan'na Be Like You.
Although performed well enough, these new versions just can't compete with the jazzy numbers from the cartoon (Terry Gilkyson's The Bare Necessities was, after all, nominated for an Oscar).
However, while it certainly feels as though Favreau would have better served his movie by leaving them alone, fortunately they don’t intrude enough to spoil overall enjoyment.
Boasting stunning photorealistic CGI – far outstripping Ang Lee's Life of Pi, with its solitary tiger – the 3-D visual effects are nothing short of incredible. Right down to the droplets of water nestling in the animals' fur, every detail is perfect.
Just remember to protect your own young – at times, Favreau’s jungle can be a dark and scary place.
artslife@thenational.ae
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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.”
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
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Founder/CEO: Mohammed Toraif
Based: Manama, Bahrain
Sector: Sales, Technology, Conservation
Size: (employees/revenue) 4/ 5,000 downloads
Stage: 1 ($100,000)
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