Thomas Haden Church and Dennis Quaid play troubled brothers in Smart People.
Thomas Haden Church and Dennis Quaid play troubled brothers in Smart People.

Learning curve



Smart People Director: Noam Murro Starring: Dennis Quaid, Sarah Jessica Parker, Thomas Haden Church One imagines that the writer of Smart People, Mark Poirier, was aiming for irony in his depiction of an academic yet dysfunctional family. The problem is that it feels more smug than anything else.

Dennis Quaid stars as Lawrence Wetherhold, a grumpy, middle-aged literature professor at Carnegie Mellon University in Pittsburgh. We know immediately that he is an academic because he has been so obviously dressed for the part in tatty blazers and woollen V-neck jumpers that sag over his paunch (he put on 25 pounds for the role). He even carries a brown satchel. But the clothes are the least of Lawrence's problems. He is widowed and wallowing, with a house still full of his wife's clothes because he refuses to chuck them out. His book manuscript has been refused by every publisher, his adopted, middle-aged brother, Chuck (Thomas Haden Church), shows up looking for money, and his relationship with his two children is rocky.

Ellen Page, the waspish young star of Juno, plays his 17-year-old daughter, Vanessa. She is a member of the Young Republicans, obsessive about schoolwork and miserable. "I think self-absorption's underrated," she drawls to her father at one point. Preaching to the converted there, Vanessa. Ashton Holmes plays her older brother, James, a Carnegie Mellon student who is often absent from home life because he prefers writing poetry in his dormitory.

The missing link in this picture of domestic disharmony comes in the form of Uncle Chuck, who is grudgingly allowed to stay in the attic. He wanders around the house in pyjamas, eats cereal on the sofa and gamely tries to persuade Vanessa to loosen up a little. "These children haven't been properly parented in many years," he says at one point. "They're practically feral. That's why I was brought in." It's one of several strong moments that should raise an audible laugh - which seems remarkable given that the storyline (such as it is) moves at the pace of a sloth. A blind one. Perhaps with a broken leg, lugging a heavy rucksack.

An incident at the car pound involving a high fence takes Lawrence to hospital, where he is attended by a literature-turned-medicine student, Janet Hartigan (Sarah Jessica Parker). One of her colleagues, who perhaps should have thought harder when he took the Hippocratic oath, lets slip that she used to harbour a crush on the professor. Opportunity is kicked wide open. There ensues one date, bad, and then another, better. Lawrence finds out that his book has been accepted by Penguin. Meanwhile, Chuck and Vanessa are bonding at home, and he takes her out to celebrate her acceptance into Stanford. Things look rosy for a brief whisper of time.

But this is an indie film, not a Disney cartoon. Problems erupt - though erupt is too violent a word, suggesting seismic plot developments. In Smart People, nothing seems terribly seismic. Lawrence and Janet split because he is too wrapped up in himself and his work (there is no shouting; she simply wanders away in an airport scene). And Uncle Chuck starts drifting away from the house. Those who have seen Sideways will be familiar with the melancholic feel of the film (both were produced by Michael London). Smart People's poignant, witty script is carried by strong performances from a solid cast - most significantly Quaid, Page and Haden Church, who essentially plays the same character he did in Sideways. The film is also an impressive debut feature film from the director Noam Murro.

But it's frustrating that the strong script, acting and direction are slightly let down by the smug ending. How terribly clever to call a film Smart People when, in real life, they're pretty dim. And how simply brilliant to have the one person who doesn't seem smart, Uncle Chuck, help make everything smooth and smiley again in the end. It's too tidily done, too neat and contrived. They all seem to have learnt too little, and that doesn't seem very smart at all.

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Company%20Profile
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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.”

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Cryopreservation: A timeline
  1. Keyhole surgery under general anaesthetic
  2. Ovarian tissue surgically removed
  3. Tissue processed in a high-tech facility
  4. Tissue re-implanted at a time of the patient’s choosing
  5. Full hormone production regained within 4-6 months
Results
  • Brock Lesnar retained the WWE Universal title against Roman Reigns
  • Braun Strowman and Nicolas won the Raw Tag Team titles against Sheamus and Cesaro
  • AJ Styles retained the WWE World Heavyweight title against Shinsuke Nakamura
  • Nia Jax won the Raw Women’s title against Alexa Bliss
  • Daniel Bryan and Shane McMahon beat Kevin Owens and Sami Zayn
  • The Undertaker beat John Cena
  • The Bludgeon Brothers won the SmackDown Tag Team titles against the Usos and New Day
  • Ronda Rousey and Kurt Angle beat Triple H and Stephanie McMahon
  • Jinder Mahal won the United States title against Randy Orton, Rusev and Bobby Roode
  • Charlotte retained the SmackDown Women’s title against Asuka
  • Seth Rollins won the Intercontinental title against The Miz and Finn Balor
  • Naomi won the first WrestleMania Women’s Battle Royal
  • Cedric Alexander won the vacant Cruiserweight title against Mustafa Ali
  • Matt Hardy won the Andre the Giant Battle Royal
THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
  • Stay invested: Time in the market, not timing the market, is critical to long-term gains.
  • Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
  • Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
 
 
How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

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Stay indoors when conditions are particularly poor.

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MATCH INFO:

Second Test

Pakistan v Australia, Tuesday-Saturday, 10am​​ daily​​​​​ at Zayed Cricket Stadium, Abu Dhabi

Entrance is free

The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

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