SYDNEY // Pope Benedict XVI talked today with Australians who were sexually abused as children by Roman Catholic priests, but critics said the meetings were too secretive and denounced them as a public relations stunt.
It was the second time in four months the pontiff has met with victims of clergy abuse, a scandal that has blighted the church in recent years and that Pope Benedict has been struggling to fix.
The pontiff held prayers and spoke with four representatives of abuse victims - two men and two women - in the last hours of a nine-day visit to Australia and two days after he publicly condemned sexual predators in the church and apologised to their prey.
The pope held Mass then spoke privately with each of the victims for about an hour this morning, "as an expression of his ongoing pastoral concern for those who have been abused by members of the church," the Vatican said in a statement.
"He listened to their stories and offered them consolation," the statement said. "Assuring them of his spiritual closeness, he promised to continue to pray for them, their families and all victims.
"Through this paternal gesture, the holy father wished to demonstrate again his deep concern for all victims of sexual abuse."
The victims identities were not made public, and they did not comment after the event.
The pope did not mention the meeting in his two final appearances before leaving Australia.
The country's senior Roman Catholic cleric, Cardinal George Pell, said the victims had requested anonymity. He said the meeting had been planned for "some weeks," and that the four had been chosen by the church's professional standards office, the local church body handling abuse complaints.
But victim support groups accused the church of stage-managing the meeting to keep the details secret and of picking victims who would not speak to the pope directly about the thorny issue of compensation, which many victims are demanding.
Bernard Barrett of the Broken Rites group, which estimates there are thousands of clergy sexual abuse cases in Australia, said the vast majority of them would take nothing away from Monday's meeting.
"It doesn't alter things, because it's purely public relations," Mr Barrett told the Fairfax Radio Network. "I think it's a cynical exercise."
At a press conference today, Cardinal Pell defended the limited meetings, saying it was not possible for the pontiff to meet with every victim.
"I was moved by the encounter. I think it will have a positive effect with the people that were there," Cardinal Pell told reporters. "The aim was for healing and reconciliation."
When asked whether the victims made suggestions to the pope about the handling of sexual abuse complaints, Cardinal Pell said only that the church is open to "constructive, practical" suggestions.
The abuse scandal was a sour undertone to the pope's trip to Australia for the Church's World Youth Day festival. On Saturday, Pope Benedict said he was "deeply sorry" for those who suffered clergy abuse, an evil that deserved "unequivocal condemnation".
Cardinal Pell said in his meetings with victims today, the pope "repeated generally" what he had said earlier in public.
The meeting with clergy abuse victims in Australia kept up efforts begun in the United States to publicly atone for the abuse.
During a visit there in April, Pope Benedict expressed the church's shame for the maltreatment and met privately with a small group of victims.
The pope left Australia for Rome midmorning on a chartered plane.
At a brief ceremony at the airport, the Prime Minister Kevin Rudd announced that Australia would post an ambassador in the Vatican for the first time - the former conservative deputy prime minister Tim Fischer.
The Vatican spokesman Rev Federico Lombardi said the Vatican was very pleased that Australia had decided to upgrade its diplomatic relations with the Holy See.
Pope Benedict's pilgrimage to Australia was the furthest journey yet of his three-year papacy, and one intended to inspire a new generation of faithful while trying to overcome the dark chapter for his church from the sex abuse scandal.
Summing up his message, the pope told young pilgrims at a mass yesterday that a "spiritual desert" was spreading throughout the world and challenged them to shed the greed and cynicism of their time to create a new age of hope. The Vatican said some 350,000 faithful from almost 170 countries attended the mass at a race track, and millions more watched on television. Pope Benedict urged the young Christians to create "a new age in which hope liberates us from the shallowness, apathy and self-absorption which deadens our souls and poisons our relationships".
*AP
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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.
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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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PAKISTAN SQUAD
Abid Ali, Fakhar Zaman, Imam-ul-Haq, Shan Masood, Azhar Ali (test captain), Babar Azam (T20 captain), Asad Shafiq, Fawad Alam, Haider Ali, Iftikhar Ahmad, Khushdil Shah, Mohammad Hafeez, Shoaib Malik, Mohammad Rizwan (wicketkeeper), Sarfaraz Ahmed (wicketkeeper), Faheem Ashraf, Haris Rauf, Imran Khan, Mohammad Abbas, Mohammad Hasnain, Naseem Shah, Shaheen Afridi, Sohail Khan, Usman Shinwari, Wahab Riaz, Imad Wasim, Kashif Bhatti, Shadab Khan and Yasir Shah.
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Test squad against Afghanistan: Rahane (c), Dhawan, Vijay, Rahul, Pujara, Karun, Saha, Ashwin, Jadeja, Kuldeep, Umesh, Shami, Pandya, Ishant, Thakur.
T20 squad against Ireland and England: Kohli (c), Dhawan, Rohit, Rahul, Raina, Pandey, Dhoni, Karthik, Chahal, Kuldeep, Sundar, Bhuvneshwar, Bumrah, Pandya, Kaul, Umesh.
ODI squad against England: Kohli (c), Dhawan, Rohit, Rahul, Shreyas, Rayudu, Dhoni, Karthik, Chahal, Kuldeep, Sundar, Bhuvneshwar, Bumrah, Pandya, Kaul, Umesh
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