PSG players Zlatan Ibrahimovic, centre, Lucas, left and Blaise Matuidi celebrate after a goal in their 3-0 win over Shakhtar Donetsk in the Champions League on Wednesday. Sergey Dolzhenko / EPA / September 30, 2015
PSG players Zlatan Ibrahimovic, centre, Lucas, left and Blaise Matuidi celebrate after a goal in their 3-0 win over Shakhtar Donetsk in the Champions League on Wednesday. Sergey Dolzhenko / EPA / SeptShow more

‘We showed Paris Saint-Germain are a big team’: Blaise Matuidi and Co begin to flex muscles in Europe



Paris Saint-Germain maintained their unbeaten start to the season on Wednesday as they cruised past Ukrainian side Shakhtar Donetsk 3-0 in Champions League Group A.

Laurent Blanc has overseen an almost perfect start to the French champions’ campaign, and first-half goals from Ivory Coast full-back Serge Aurier and Brazilian defender David Luiz put last season’s quarter-finalists in control.

Zlatan Ibrahimovic helped make the result certain on a counter-attack in the 90th minute after a pass from substitute Javier Pastore released the Sweden captain to run through on goal, the decisive final touch coming off Shakhtar captain Darijo Srna.

Read more: Richard Jolly on Mancheser United looking comfortable in Europe again

PSG midfielder Blaise Matuidi turned in another strong performance and said the match was won during a great opening 45 minutes for Blanc’s men.

“We turned in a really strong first half and took control but Shakhtar are a good team especially at home,” said the France international.

“We worked extremely hard and had chances to kill off the game in the second half but it was a good overall performance against a difficult opponent.

“We showed tonight that Paris Saint-Germain are a big team but we won the match with a big peformance in the first half against a good Shakhtar team.

“We’re starting to string results together and now that’s two wins from two in the Champions League which is just what we needed,” added Matuidi.

The opener came after just seven minutes at the Arena Lviv, where Shakhtar are hosting games because of the ongoing conflict around Donetsk in the east of the country.

Aurier ghosted into the box and rose above the static Shakhtar defence to plant a firm header into the bottom corner with keeper Andriy Pyatov well beaten.

Former Chelsea centre-back Luiz then popped up on 23 minutes to put the visitors two goals to the good when he prodded home a corner with his right thigh.

Shakhtar upped their workrate and tempo in the second half and carved out several chances, notably from 22-year-old Maksym Malyshev, who missed the target from close range, and Brazilian Alex Teixeira, who was denied by PSG’s German keeper Kevin Trapp.

But with time running out, Ibrahimovic broke the offside trap on a swift counter-attack and saw his touch helped into the net by Croatian defender Srna for the Parisian side’s third goal.

“I was a bit apprehensive before the game but I’m very happy with my first goal and it was a good collective performance,” said Aurier, who was part of the Ivory Coast team that won the 2015 Africa Cup of Nations.

The Ligue 1 leaders, who host arch-rivals Marseille on Sunday, now have two wins from two in Group A and are level atop the section with Real Madrid, who they meet next at the Parc des Princes.

While the two sides are well placed to progress to the last 16, that match will be crucial in helping decide who finishes first and therefore avoids another group winner in the first knockout round.

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How to apply for a drone permit
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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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TALE OF THE TAPE

Manny Pacquiao
Record: 59-6-2 (38 KOs)
Age: 38
Weight: 146lbs
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The 12 Syrian entities delisted by UK 

Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV

Winners

Best Men's Player of the Year: Kylian Mbappe (PSG)

Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)

TikTok Fans’ Player of the Year: Robert Lewandowski

Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)

Best Women's Player of the Year: Alexia Putellas (Barcelona)

Best Men's Club of the Year: Chelsea

Best Women's Club of the Year: Barcelona

Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)

Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)

Best Coach of the Year: Roberto Mancini (Italy)

Best National Team of the Year: Italy 

Best Agent of the Year: Federico Pastorello

Best Sporting Director of the Year: Txiki Begiristain (Manchester City)

Player Career Award: Ronaldinho

Countries offering golden visas

UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.

Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.

Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.

Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.

Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence. 

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  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
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- 5 wins in 22 months as pro
- Three wins in past 10 starts
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