Brian Molko of the British bank Placebo. Fadel Senna / AFP photo
Brian Molko of the British bank Placebo. Fadel Senna / AFP photo

Mawazine 2015: Placebo’s Brian Molko on the band’s upcoming 20th anniversary tour



Speaking exclusively to The National before their blistering performance in Morocco's Mawazine Festival on Tuesday, Placebo frontman Brian Molko says next year will be a big one for the rockers with a greatest hits tour celebrating their 20th anniversary.

Happy upcoming 20th anniversary. You guys have spent the year so far performing in festivals. How has the experience been?

We are really enjoying ourselves at the moment. Over the last couple of years we have become a better band essentially and we are really enjoying performing. We finally learned how to truly connect with an audience which is really important, otherwise things are very flat.

Earlier this year Placebo made their discography available for streaming on Spotify. What took you so long?

We were very dubious about streaming and I do think there is still a lot of work to be done when it comes to how much artists get paid. I think it is very difficult for new bands to make a living because of streaming so there is still a lot work to be done. So the streaming for us is an experiment. We resisted for a long time but we felt it is not our position to dictate to people how they want to consume our music, but I am still of the opinion that artists need to be remunerated better for their streams.

Reflecting upon Placebo's last album, 2013's Loud Like Love, are you satisfied with the way it holds up today?

The way that I wrote in the past used to be very confessional and now I have changed. Now what I do is I tell stories and paradoxically, by telling stories with characters, you can be more vulnerable and open because you are less self conscious. That really comes in to play in Loud Like Love and it made me a better song writer.

What’s next for Placebo?

We have already started writing the new album. Next year we are doing a greatest hits tour and it is highly likely that we will play songs that we haven’t played in a long time. We are a strange band in that we don’t like our commercially successful material so we don’t play it live, but this time around next year we will try to make the fans happy by playing our most popular material - maybe for the last time.

Any chance that tour may stop in the UAE?

There is no plans to play there at the moment.

The Mawazine Festival ends on Saturday

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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.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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6.30pm: Handicap (rated 100 ) US$175,000 1,200m
Winner: Baccarat, William Buick (jockey), Charlie Appleby (trainer)

7.05pm: Handicap (78-94) $60,000 1,800m
Winner: Baroot, Christophe Soumillon, Mike de Kock

7.40pm: Firebreak Stakes Group 3 $200,000 1,600m
Winner: Heavy Metal, Mickael Barzalona, Salem bin Ghadayer

8.15pm: Handicap (95-108) $125,000 1,200m
Winner: Yalta, Mickael Barzalona, Salem bin Ghadayer

8.50pm: Balanchine Group 2 $200,000 1,800m
Winner: Promising Run, Pat Cosgrave, Saeed bin Suroor

9.25pm: Handicap (95-105) $125,000 1,800m
Winner: Blair House, James Doyle, Charlie Appleby

10pm: Handicap (95-105) $125,000 1,400m
Winner: Oh This Is Us, Tom Marquand, Richard Hannon

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

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SPECS

Nissan 370z Nismo

Engine: 3.7-litre V6

Transmission: seven-speed automatic

Power: 363hp

Torque: 560Nm

Price: Dh184,500