Time to face that fear of the gym and all its machines



If there comes a time when the needle on those scales simply won't budge for days on end, there's only one thing for it. You have to step up your exercise rate. So it was for me anyway. After losing four kilograms in about nine weeks, absolutely nothing was happening and I was beginning to get disheartened. In fact, I ducked out of my fortnightly appointment at Dubai Weight Care Clinic because I thought I had nothing to show for my pains. What I really couldn't understand was that my clothes were so much looser that I've had to have some of them taken in. How could I feel thinner and actually be thinner without it registering on the scales?

I found myself slipping into my bad old dieting ways, skipping meals, eating a bowl of popcorn to fill myself up and drinking loads of fruit juices. If it wasn't for a phone call from Dr Rita Nawar at the clinic I'd probably still be doing that. She insisted that I reschedule the appointment so we could work out what was going wrong. Two heads are definitely better than one in these situations. It had been three weeks since I'd stepped on the dreaded InBody machine that analyses so much more than your weight. It also tells you what the ratio of fat to muscle in your body is and where the weight is coming off. It calculates how much you should lose according to your height, age and current weight.

As soon as it printed out my latest statistics, all was clear. I had in fact lost another 1.5kg but I seem to have developed two more kilos of muscle. The fat content in my body, 38.5 per cent at the beginning of my diet, was down to 30 per cent. The normal fat content range for me is supposed to be between 20 per cent and 29 per cent so I'm not far off it. It was quite a relief and cheered me up enormously. I told Dr Rita what I had been eating and drinking and she immediately jumped all over the fruit juices. I hadn't realised they should be limited to two glasses a day for now. Dr Rita suggested flavoured waters instead. I'm sipping on Masafi Touch of Mint & Lemon as I write.

I was doing very well on the diet plus a little swimming and golf but if I really wanted to accelerate the weight loss I should go to the gym, she told me. I knew it had to happen sooner or later and I had been putting it off because I absolutely hate it. The last time I joined a gym was a couple of years ago in the UK during a previous fitness and diet attempt and I found it was a real struggle motivating myself to get there. There always seemed to be something better to do and I found it easy to find an excuse to put it off. The real reason is, of course, that in my heart I know that I don't intend to adopt it as a way of life.

The machines always seem like alien contraptions out to humiliate me. I can never quite work out either how to work them or what I need to be doing. It seems to me that everyone else in the gym can just hop on, press a few buttons and get moving. Everywhere I look there's some skinny female prancing around in beautifully co-ordinated Lycra, plugged into her iPod and hot to trot. "Like she really needs to be here," I used to think to myself viciously as I pumped away on the cross trainer.

That's the kind of mood I was in when I tentatively stuck my head into the gym at my golf club. As it happened, it was empty except for the supervisor who very kindly spent some time showing me around. I told him I wanted to work on my midriff and he suggested a basic routine: warm up on the running machines and cross trainer plus a circuit of weightlifting. It really wasn't so bad in the end so I may even do it again.

The best time for me is going to be early in the morning. I had no idea that gyms opened at 6am but in Dubai that's the perfect time. It's light and not too hot and I've begun to realise you can get a lot of other stuff done if you get up an hour earlier, something it has only taken me fiftysomething years to work out. I'm not setting the hurdles too high just now. Maybe twice a week to begin with will do. I'm also telling myself it's not going to be forever. And as for Lycra, forget it. @Email:pkennedy@thenational.ae

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.”

Profile Idealz

Company: Idealz

Founded: January 2018

Based: Dubai

Sector: E-commerce

Size: (employees): 22

Investors: Co-founders and Venture Partners (9 per cent)

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The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5