• Marcus Rashford celebrates after Jules Kounde's own goal puts Manchester United 2-1 in front in the 2-2 Europa League play-off first leg draw against Barcelona at Camp Nou on February 16, 2023. Getty
    Marcus Rashford celebrates after Jules Kounde's own goal puts Manchester United 2-1 in front in the 2-2 Europa League play-off first leg draw against Barcelona at Camp Nou on February 16, 2023. Getty
  • Marcus Rashford celebrates Kounde's own goal. Getty
    Marcus Rashford celebrates Kounde's own goal. Getty
  • Marcus Rashford celebrates after levelling at 1-1. Reuters
    Marcus Rashford celebrates after levelling at 1-1. Reuters
  • Raphinha celebrates after scoring Barcelona's second goal. AP
    Raphinha celebrates after scoring Barcelona's second goal. AP
  • Barcelona's Raphinha celebrates scoring their second goal with Ansu Fati. Reuters
    Barcelona's Raphinha celebrates scoring their second goal with Ansu Fati. Reuters
  • Raphinha's free kick evades Robert Lewandowski and David de Gea to level the scores at 2-2. Getty
    Raphinha's free kick evades Robert Lewandowski and David de Gea to level the scores at 2-2. Getty
  • United players celebrate after Jules Kounde's own goal. PA
    United players celebrate after Jules Kounde's own goal. PA
  • Rashford scores United's first goal. AP
    Rashford scores United's first goal. AP
  • Barca's Marcos Alonso celebrates after scoring the first goal of the game. Getty
    Barca's Marcos Alonso celebrates after scoring the first goal of the game. Getty
  • Alonso heads Barca in front. AP
    Alonso heads Barca in front. AP
  • Marcos Alonso celebrates scoring for Barca. Reuters
    Marcos Alonso celebrates scoring for Barca. Reuters
  • Barcelona Robert Lewandowski takes on the United defence. EPA
    Barcelona Robert Lewandowski takes on the United defence. EPA
  • Barca midfielder Gavi in action against United goalkeeper David De Gea. EPA
    Barca midfielder Gavi in action against United goalkeeper David De Gea. EPA
  • Barcelona's Brazilian forward Raphinha fights for the ball with United's Dutch defender Tyrell Malacia. AFP
    Barcelona's Brazilian forward Raphinha fights for the ball with United's Dutch defender Tyrell Malacia. AFP
  • Manchester United's midfielder Fred hits the deck. AFP
    Manchester United's midfielder Fred hits the deck. AFP
  • United's Raphael Varane in action with Barcelona's Robert Lewandowski. Reuters
    United's Raphael Varane in action with Barcelona's Robert Lewandowski. Reuters
  • United's Wout Weghorst with Barcelona's Jules Kounde. Reuters
    United's Wout Weghorst with Barcelona's Jules Kounde. Reuters
  • Manchester United manager Erik ten Hag and Barcelona's Xavi before the game starts at Camp Nou. PA
    Manchester United manager Erik ten Hag and Barcelona's Xavi before the game starts at Camp Nou. PA

Ten Hag furious at 'bad decision' to not send off Kounde in Man United's draw with Barca


  • English
  • Arabic

Manchester United manager Erik ten Hag said the referee made a "really bad decision" in not sending off Jules Kounde for a foul on Marcus Rashford during the 2-2 Europa League draw against Barcelona.

Marcos Alonso put the hosts ahead at Camp Nou shortly after the break before Rashford and an own goal by Kounde gave United the lead in the knockout round first leg at Camp Nou. Raphinha then levelled for Barcelona when his cross eluded David de Gea.

Ten Hag was furious in the second half when Rashford went down under a challenge from last-man Kounde but referee Maurizio Mariani waved away claims for a foul and VAR backed the decision. Barcelona equalised soon after.

"I think the refereeing had a big influence in this game. It was a clear foul on Rashy," Ten Hag said. "You can discuss if it’s in or outside the box, but then [if it's outside] it’s a red card, because he was one-on-one with the keeper. So it’s a big influence, not only on this game, but in this round.

"The referee can’t make such a mistake. I asked the referee why. He said it was outside the box and it was no foul. I said I think the linesman and the referee are in a very good position to see. We have the VAR. It was a really bad decision. I can’t understand – maybe they were impressed by the pressure Barcelona made but that can’t be at the highest European level.”

Despite his disappointment at the incident, Ten Hag was pleased with his team's performance. United dominated large parts of the game, particularly after Rashford's equaliser, and have put themselves in a good position ahead of the second leg at Old Trafford next Thursday.

“I think we dictated the game. Apart from maybe 15 minutes of the first half, we had some difficulties, but for the rest, we dictated the game and we outplayed [them]," Ten Hag said, "So many chances, so I was a little bit disappointed that in half-time it was 0-0 because we should have scored.

Barcelona v Man United player ratings

  • BARCELONA RATINGS: Marc-Andre ter Stegen – 6 Solid throughout the first half and bailed out his side with a fine one-on-one block from Weghorst, but questions will be rightly asked about his near-post frailty for Rashford’s equaliser. AFP
    BARCELONA RATINGS: Marc-Andre ter Stegen – 6 Solid throughout the first half and bailed out his side with a fine one-on-one block from Weghorst, but questions will be rightly asked about his near-post frailty for Rashford’s equaliser. AFP
  • Ronald Araujo – 6 Eventful evening for the combative Uruguayan, who had the crowd up on their feet with his robust approach early on, but found himself outwitted more than once and was also fortunate that a penalty area lapse in concentration went unpunished by Sancho. AP
    Ronald Araujo – 6 Eventful evening for the combative Uruguayan, who had the crowd up on their feet with his robust approach early on, but found himself outwitted more than once and was also fortunate that a penalty area lapse in concentration went unpunished by Sancho. AP
  • Jules Kounde – 3 Switched back to a central position and lost Weghorst for big chance of the first half, then played Rashford onside for the forward’s quickfire equaliser. Capped a patchy display by deflecting in United’s second goal from close-range and fortunately avoiding a penalty for fouling Rashford. AP
    Jules Kounde – 3 Switched back to a central position and lost Weghorst for big chance of the first half, then played Rashford onside for the forward’s quickfire equaliser. Capped a patchy display by deflecting in United’s second goal from close-range and fortunately avoiding a penalty for fouling Rashford. AP
  • Marcos Alonso – 7 Made a crucial early block from Fernandes’ close-range shot. Continued his fine scoring record against United by heading in the opening goal, then made another key block to preserve parity as the visitors hit back. Removed in a triple substitution as Xavi looked to claw his team back into the tie. AP
    Marcos Alonso – 7 Made a crucial early block from Fernandes’ close-range shot. Continued his fine scoring record against United by heading in the opening goal, then made another key block to preserve parity as the visitors hit back. Removed in a triple substitution as Xavi looked to claw his team back into the tie. AP
  • Jordi Alba – 6 Heavily involved in the opening exchanges as Barca targeted United’s right flank. Had one surge and shot curtailed by a fine last-ditch Wan-Bissaka block, then returned the favour in the second period when the ball broke to the visiting right-back. Booked for dissent after 30 minutes. EPA
    Jordi Alba – 6 Heavily involved in the opening exchanges as Barca targeted United’s right flank. Had one surge and shot curtailed by a fine last-ditch Wan-Bissaka block, then returned the favour in the second period when the ball broke to the visiting right-back. Booked for dissent after 30 minutes. EPA
  • Frenkie De Jong – 6 A mixed bag from the man United spent all summer tailing. Wonderfully calm in possession, pinged a fine through-ball for Lewandowski which the Pole wasted, but didn’t have enough answers in the defensive side of the midfield battle and often found himself bypassed during the visitors’ period of pressure. PA
    Frenkie De Jong – 6 A mixed bag from the man United spent all summer tailing. Wonderfully calm in possession, pinged a fine through-ball for Lewandowski which the Pole wasted, but didn’t have enough answers in the defensive side of the midfield battle and often found himself bypassed during the visitors’ period of pressure. PA
  • Franck Kessie – 4 Ineffective for long periods, allowing United to gain a foothold in the game. Couldn’t provide an adequate shield for his side’s rejigged defence and it was unsurprising when Xavi hooked him after falling behind. AP
    Franck Kessie – 4 Ineffective for long periods, allowing United to gain a foothold in the game. Couldn’t provide an adequate shield for his side’s rejigged defence and it was unsurprising when Xavi hooked him after falling behind. AP
  • Raphina – 8 Posed Malacia problems all night and put in a fine defensive shift. Clearly determined to excel and almost broke the deadlock with a sensationally crisp effort just after half-time. Slung in a decent back-post corner for Alonso’s opener, then drew a superb full-length catch from De Gea before levelling with a wicked cross which crept into the far corner. Rightly furious to be substituted. PA
    Raphina – 8 Posed Malacia problems all night and put in a fine defensive shift. Clearly determined to excel and almost broke the deadlock with a sensationally crisp effort just after half-time. Slung in a decent back-post corner for Alonso’s opener, then drew a superb full-length catch from De Gea before levelling with a wicked cross which crept into the far corner. Rightly furious to be substituted. PA
  • Pedri – 7 A bright display cruelly curtailed by injury. Fired over with an instinctive volley after Gavi’s inventive lobbed pass and looked a fruitful outlet for the hosts’ attacks before an apparent thigh injury prompted an end to his involvement. Getty
    Pedri – 7 A bright display cruelly curtailed by injury. Fired over with an instinctive volley after Gavi’s inventive lobbed pass and looked a fruitful outlet for the hosts’ attacks before an apparent thigh injury prompted an end to his involvement. Getty
  • Gavi – 6 Put Wan-Bissaka in nervy mood early on with his lively, direct running. Not afraid to shirk a challenge and had one miniature skirmish with Fernandes. Booked for yanking back Fred during a second-half United counter and will sit out the second leg as a result. Getty
    Gavi – 6 Put Wan-Bissaka in nervy mood early on with his lively, direct running. Not afraid to shirk a challenge and had one miniature skirmish with Fernandes. Booked for yanking back Fred during a second-half United counter and will sit out the second leg as a result. Getty
  • Robert Lewandowski – 6 Tested De Gea with a powerful early effort, but passed up a more inviting opening midway through the first period by failing to control De Jong’s incisive ball. Fizzed a decent free-kick just over the bar as the hosts looked to get back in the game. Reuters
    Robert Lewandowski – 6 Tested De Gea with a powerful early effort, but passed up a more inviting opening midway through the first period by failing to control De Jong’s incisive ball. Fizzed a decent free-kick just over the bar as the hosts looked to get back in the game. Reuters
  • SUBS: Sergi Roberto (Pedri, 41) – 5 Joined in place of the injured Pedri but couldn’t match the youngster’s invention in a low-key display. He was, however, involved in almost winning the first leg late on as the ball ricocheted off De Gea’s upright. Getty
    SUBS: Sergi Roberto (Pedri, 41) – 5 Joined in place of the injured Pedri but couldn’t match the youngster’s invention in a low-key display. He was, however, involved in almost winning the first leg late on as the ball ricocheted off De Gea’s upright. Getty
  • Andreas Christensen (Marcos Alonso, 67) – 6 Introduced while the hosts were rocking defensively and helped steady the ship. AP
    Andreas Christensen (Marcos Alonso, 67) – 6 Introduced while the hosts were rocking defensively and helped steady the ship. AP
  • Ansu Fati (Franck Kessie, 67) – 6 Had one powerful late effort well pawed away by De Gea and had an effort just wide from the edge of the box. Keen to make things happen. Reuters
    Ansu Fati (Franck Kessie, 67) – 6 Had one powerful late effort well pawed away by De Gea and had an effort just wide from the edge of the box. Keen to make things happen. Reuters
  • Alejandro Balde (Jordi Alba, 67) – 5 Youngster was on the fringes of the game from his introduction, but came alive in injury-time and began causing issues for United. Ferran Torres (Raphinha, 83) – N/A. AFP
    Alejandro Balde (Jordi Alba, 67) – 5 Youngster was on the fringes of the game from his introduction, but came alive in injury-time and began causing issues for United. Ferran Torres (Raphinha, 83) – N/A. AFP
  • MANCHESTER UNITED RATINGS: David de Gea 7 - Strong near post save from Lewandowski early on. And from Alba on 37 minutes. Busy second half. Will be frustrated to watch Barcelona’s second goal again, but while he didn’t touch it, Lewandowski was a decoy. Saved from Ansu Fati as Barça pushed for a winner. AP
    MANCHESTER UNITED RATINGS: David de Gea 7 - Strong near post save from Lewandowski early on. And from Alba on 37 minutes. Busy second half. Will be frustrated to watch Barcelona’s second goal again, but while he didn’t touch it, Lewandowski was a decoy. Saved from Ansu Fati as Barça pushed for a winner. AP
  • Aaron Wan-Bissaka 6 - Blocked a dangerous 10th minute ball across, then got forward on the right on 26, beat his man and crossed towards Sancho. Slack collecting a 37th minute ball, which Alba won, but recovered well. Ball went across his arm and Barcelona players appealed for a penalty. Getty
    Aaron Wan-Bissaka 6 - Blocked a dangerous 10th minute ball across, then got forward on the right on 26, beat his man and crossed towards Sancho. Slack collecting a 37th minute ball, which Alba won, but recovered well. Ball went across his arm and Barcelona players appealed for a penalty. Getty
  • Raphael Varane 7 - Booed when his name was read out and invoked further jeers when he grappled with Lewandowski. Booked after clipping Gavi, who’d beat him. Watched as a Raphinha effort went past him and Lewandowski into the goal. Could have done better there. AP
    Raphael Varane 7 - Booed when his name was read out and invoked further jeers when he grappled with Lewandowski. Booked after clipping Gavi, who’d beat him. Watched as a Raphinha effort went past him and Lewandowski into the goal. Could have done better there. AP
  • Luke Shaw 7 - Tough night against Lewandowski and Raphinha. Blocked a shot from Pedri and presence was enough to stop Lewandowski attempting a first-half shot. Turned away a De Jong effort after the break. Poor ball out to Casemiro before Barcelona’s second goal. AFP
    Luke Shaw 7 - Tough night against Lewandowski and Raphinha. Blocked a shot from Pedri and presence was enough to stop Lewandowski attempting a first-half shot. Turned away a De Jong effort after the break. Poor ball out to Casemiro before Barcelona’s second goal. AFP
  • Tyrell Malacia 6 - Dangerous down the left at the start and Raphinha struggled to get the better of him, which frustrated home fans. Booked in a game where Barcelona had 18 goal attempts and United had 17. AFP
    Tyrell Malacia 6 - Dangerous down the left at the start and Raphinha struggled to get the better of him, which frustrated home fans. Booked in a game where Barcelona had 18 goal attempts and United had 17. AFP
  • Casemiro 8 - Jeered for his association with Real Madrid, he glanced a 29th minute header towards goal. Booked. Lost the ball to Kounde before Barcelona’s second. He was excellent and gave the bullets which helped United’s attackers be so effective, but that was a bad error. Also struck the ball against his own post. Getty
    Casemiro 8 - Jeered for his association with Real Madrid, he glanced a 29th minute header towards goal. Booked. Lost the ball to Kounde before Barcelona’s second. He was excellent and gave the bullets which helped United’s attackers be so effective, but that was a bad error. Also struck the ball against his own post. Getty
  • Bruno Fernandes 7 - Started with intent and a cross towards Fred in the opening seconds. Free-kick in after 29 was met by Casemiro’s head. Backflick across goal led to equaliser. PA
    Bruno Fernandes 7 - Started with intent and a cross towards Fred in the opening seconds. Free-kick in after 29 was met by Casemiro’s head. Backflick across goal led to equaliser. PA
  • Wout Weghorst 6 - A surprise as he was selected in a midfield role, which he worked hard at. Important moment came after 27 when he was clear through. Ter Stegen made himself big, but he should have scored. AFP
    Wout Weghorst 6 - A surprise as he was selected in a midfield role, which he worked hard at. Important moment came after 27 when he was clear through. Ter Stegen made himself big, but he should have scored. AFP
  • Fred 7 - All over the place. Smashed by Kessie in a 28th minute challenge. Alonso got behind him to put the Catalans ahead. He and Gavi – who was booked for pulling him - were two bulls in the same pen. Sent Rashford away to score the second. Confident and shot wide from outside the area on 67 after winning the ball. AFP
    Fred 7 - All over the place. Smashed by Kessie in a 28th minute challenge. Alonso got behind him to put the Catalans ahead. He and Gavi – who was booked for pulling him - were two bulls in the same pen. Sent Rashford away to score the second. Confident and shot wide from outside the area on 67 after winning the ball. AFP
  • Jadon Sancho 6 - Right position to meet a first half Wan-Bissaka cross, but messed it up on a night when Erik ten Hag said his side should have scored four goals. Cursed himself after shooting wide on 48. Alert and won possession back after 77. EPA
    Jadon Sancho 6 - Right position to meet a first half Wan-Bissaka cross, but messed it up on a night when Erik ten Hag said his side should have scored four goals. Cursed himself after shooting wide on 48. Alert and won possession back after 77. EPA
  • Marcus Rashford 9 - Lively all first half. A 33rd minute shot was scooped wide by Ter Stegen. Got the equaliser on 53, beating Ter Stegen at the near post. Dribbled along byline to create the second. Appealed for a penalty after being brought down by Kounde. Sliced a shot wide on 80. Getty
    Marcus Rashford 9 - Lively all first half. A 33rd minute shot was scooped wide by Ter Stegen. Got the equaliser on 53, beating Ter Stegen at the near post. Dribbled along byline to create the second. Appealed for a penalty after being brought down by Kounde. Sliced a shot wide on 80. Getty
  • SUB: Alejandro Garnacho 6 - On for Sancho after 81. The headlines were waiting to be written, but the man from Madrid couldn’t win the game in Barcelona. PA
    SUB: Alejandro Garnacho 6 - On for Sancho after 81. The headlines were waiting to be written, but the man from Madrid couldn’t win the game in Barcelona. PA

"The opportunities they had, we created by ourselves. But I think it was a great game, two attacking teams, I think it was really Champions League [level] and even more than that. So I really enjoyed the game a lot. In the end, 2-2, and we have to finish it at Old Trafford.”

Rashford was again at the centre of much of United's best attacking play, scoring his side's first with a superb narrow finish for his fourth goal in a row, before setting up the second by beating Raphinha with ease before his low cross forced the own goal.

The England international has now scored 22 goals in all competitions this season, and Ten Hag heaped praise on the forward.

Manchester United manager Erik ten Hag is shown a yellow card by the referee for his response to Marcus Rashford not being awarded a foul from a challenge by Jules Kounde. Getty
Manchester United manager Erik ten Hag is shown a yellow card by the referee for his response to Marcus Rashford not being awarded a foul from a challenge by Jules Kounde. Getty

“He is so unstoppable at this moment, such a high belief for scoring goals, which we are happy with of course," the United manager said. "But credit to the team as they get him every time in the right position.

"As I said before, we have other players who can score – Bruno, Jadon can score as well. Wout, of course, and they will score. In the end, it doesn’t matter who scores but we have to score, as you say, in such a game when you create five, six or seven 100 per cent chances. You have to finish them more than that so it’s quite clear.”

After a breathless match in Spain, United must now turn their focus back to the Premier League and a potentially tricky encounter against a resurgent Leicester City on Sunday.

“I can’t think about that [the second leg] in this moment. I think about Leicester, it’s all about Leicester," Ten Hag said. "It’s a big game again and they are in good shape. They have two wins in a row so I know it’s going to be a tough game but we have to be ready. If we are ready we have a good chance to win.”

%3Cp%3EThe%20Department%20of%20Culture%20and%20Tourism%20-%20Abu%20Dhabi%E2%80%99s%20Arabic%20Language%20Centre%20will%20mark%20International%20Women%E2%80%99s%20Day%20at%20the%20Bologna%20Children's%20Book%20Fair%20with%20the%20Abu%20Dhabi%20Translation%20Conference.%20Prolific%20Emirati%20author%20Noora%20Al%20Shammari%2C%20who%20has%20written%20eight%20books%20that%20%20feature%20in%20the%20Ministry%20of%20Education's%20curriculum%2C%20will%20appear%20in%20a%20session%20on%20Wednesday%20to%20discuss%20the%20challenges%20women%20face%20in%20getting%20their%20works%20translated.%3C%2Fp%3E%0A
Profile of Hala Insurance

Date Started: September 2018

Founders: Walid and Karim Dib

Based: Abu Dhabi

Employees: Nine

Amount raised: $1.2 million

Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers

 

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20JustClean%3Cbr%3E%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20with%20offices%20in%20other%20GCC%20countries%3Cbr%3E%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%3C%2Fstrong%3E%202016%3Cbr%3E%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20160%2B%20with%2021%20nationalities%20in%20eight%20cities%3Cbr%3E%3Cstrong%3E%3Cbr%3ESector%3A%3C%2Fstrong%3E%20online%20laundry%20and%20cleaning%20services%3Cbr%3E%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%2430m%20from%20Kuwait-based%20Faith%20Capital%20Holding%20and%20Gulf%20Investment%20Corporation%3C%2Fp%3E%0A
The bio:

Favourite film:

Declan: It was The Commitments but now it’s Bohemian Rhapsody.

Heidi: The Long Kiss Goodnight.

Favourite holiday destination:

Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.

Heidi: Australia but my dream destination would be to go to Cuba.

Favourite pastime:

Declan: I love brunching and socializing. Just basically having the craic.

Heidi: Paddleboarding and swimming.

Personal motto:

Declan: Take chances.

Heidi: Live, love, laugh and have no regrets.

 

Tenet

Director: Christopher Nolan

Stars: John David Washington, Robert Pattinson, Elizabeth Debicki, Dimple Kapadia, Michael Caine, Kenneth Branagh 

Rating: 5/5

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.”

LIVERPOOL%20TOP%20SCORERS
%3Cp%3E(Premier%20League%20only)%3Cbr%3EMohamed%20Salah%20129%3Cbr%3ERobbie%20Fowler%20128%3Cbr%3ESteven%20Gerrard%20120%3Cbr%3EMichael%20Owen%20118%3Cbr%3ESadio%20Mane%2090%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

Company%20profile
%3Cp%3E%3Cbr%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Khodar%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Cairo%20and%20Alexandria%2C%20in%20Egypt%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ayman%20Hamza%2C%20Yasser%20Eidrous%20and%20Amr%20El%20Sheikh%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20agriculture%20technology%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24500%2C000%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Saudi%20Arabia%E2%80%99s%20Revival%20Lab%20and%20others%3Cbr%3E%3Cstrong%3EEmployees%3A%3C%2Fstrong%3E%2035%3C%2Fp%3E%0A
Updated: February 17, 2023, 5:01 AM