Cristiano Ronaldo has escaped the maelstrom caused by a recent TV interview by joining up with the Portugal squad as they prepare for the 2022 World Cup.
The 37-year-old Manchester United striker hit the headlines on Sunday night after the first excerpts of a 90-minute interview with Piers Morgan Uncensored were released.
Ronaldo claimed United were trying to force him out of the club and criticised boss Erik ten Hag, while on Monday he further fanned the flames by claiming the owners, the Glazers, "don't care about the club".
Ronaldo has now turned his attention to international matters after joining up with the Portugal squad at their training base outside Lisbon.
The World Cup gets under way on Sunday, although Euro 2016 winners Portugal, who are in Group H, do not begin their campaign until November 24.
In a message posted on social media, along with a photo of him and some of his international teammates, Ronaldo said: “Total and absolute focus on the work of the national team.
“A united group, towards a single objective: to fulfil the dream of all Portuguese people!”
Qatar will mark Ronaldo's fourth successive World Cup finals appearance having played at every edition since the 2006 tournament in Germany.
Portugal's first match in Qatar is against Ghana before facing Uruguay on November 28 and South Korea on December 2.
How Portugal reached Qatar 2022
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HOW PORTUGAL QUALIFIED FOR WORLD CUP 2022: (Group A) March 24, 2021. Portugal 1 (Medvedev og 36') Azerbaijan 0. The then reigning European champions begun their World Cup qualifying campaign with a narrow win but it was a frustrating night for Portugal, who had 29 attempts on goal but needed an own goal to seal the points. Portugal manager Fernando Santos said: "We had some difficulties, some problems, it's undeniable. In the second half, the team lacked inspiration and fluidity." AFP -

Match 27, 2021. Serbia 2 (Mitrovic 46', Kostic 60') Portugal 2 (Jota 11', 36'): Cristiano Ronaldo was denied an injury-time winner in Belgrade when his shot was ruled not to have crossed the line - and there was no goalline technology available for the match. Santos said: "The referee apologised to me straight after the game and we now have to move on. It was a clear goal but there is nothing we can do now. We controlled the first half but lost our focus in the second." EPA -

March 30, 2021. Luxembourg 1 (Rodrigues 30') Portugal 3 (Jota 45+2', Ronaldo 51', Palinha 80'): A Gerson Rodrigues header put Luxembourg into a shock first-half lead but Portugal recovered to secure victory but failed to convince against a team that had won away to Republic of Ireland three days earlier. Santos said: "We started really slow. We spent 30 minutes playing like it was a friendly game, with no intensity. The technical quality is not enough, I told the players that." AFP -

September 1, 2021. Portugal 2 (Ronaldo 89', 90'+6') Republic of Ireland 1 (Egan 45'): A last-gasp headed double from Cristiano Ronaldo rescued Portugal from a shock home defeat - and took the veteran striker past Ali Daei's record tally of 109 international goals. Ronaldo also missed a penalty in the first half. He said: "I'm so happy, not just because I beat the record, but for the special moment that we had. I have to appreciate what the team did, we believed until the end. I'm so glad." EPA -

September 7, 2021. Azerbaijan 0 Portugal 3 (B Silva 26', A Silva 31', Jota 75'): Ronaldo was suspended for the comfertable win in Baku that took Portual top of of the group after Serbia drew with Ireland. Late in the game, fans invaded the pitch and took photos with Portugal midfielder Bruno Fernandes. Santos said: “We could have scored more goals, we created several chances. If we had been more efficient in front of the goal, the score would have been even better.” EPA -

October 12, 2021. Portugal 5 (Ronaldo pen 8', pen 13', 87', Fernandes 17', Palhinha 69') Luxembourg 0: Ronaldo scored his 58th hat-trick for club and country, taking his international tally to 115 goals, to leave Portugal a point behind group leaders Serbia who had played a game more. Santos said: "We knew that Luxembourg, as time went by, would close themselves back and we had to start strong. That's what we did. I think we had a complete game overall and the most important thing was the result." AFP -

November 11, 2021. Ireland 0 Portugal 0: A below-par performance from Portugal, who had Pepe sent off late on for two bookable offences, ahead of their crunch clash with Serbia. Portugal rested Ruben Dias, Joao Cancelo and Diogo Jota in Dublin. Santos said: “Am I happy with the result? Naturally. In terms of our position, winning 5-0 or drawing here was the same thing. Of course I’d prefer to win 5-0, but it’s a positive result. Serbia has to play in our stadium to win. I’m convinced we’ll qualify.” -

November 14, 2021. Portugal 1 (Sanches 2') Serbia 2 (Tadic 33', Mitrovic 90'). Needling only a draw to qualify, Portugal were condemded to the play-offs after Aleksandar Mitrovic's late winner. The result ended Portugal's unbroken winning run in home World Cup qualifiers which had stretched back to October 2013. Santos said: “We have to apologise. The Portuguese people are disappointed, but they are not more disappointed than us. But my team will be at the World Cup in Qatar, that is a guarantee." Reuters -

(World Cup play-off semi-final) March 24, 2022. Portugal 3 (Otavio 15'), Jota 42', Nunes 90'+) Turkey 1 (Yilmaz 65'): Only North Macedonia stood between Portugal and the Qatar finals after Turkey were beaten in Porto. The visitors could have made life very nervy for Portugal, though, had Burak Yilmaz not missed a second-half penalty. Santos said: "These games are finals. Finals are always complicated. We won the first one and now we have to win the second. That's what we're going to focus on." Getty -

(World Cup play-off final) March 29, 2022. Portugal 2 (Fernandes 32', 65') North Macedonia 0: A brace from Manchester United midfielder Bruno Fernandes booked Portugal's spot in the finals against a team that had beaten European champions Italy in their previous match. Santos said: "It was a deserved and fair victory. We created opportunities to score and I don't remember any great goalscoring situations for them. We are in the World Cup with full merit."
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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