Carlo Ancelotti's decision to rest several regular players ahead of the Champions League semi-final trip to Manchester City just about paid off as Real Madrid edged past Getafe 1-0 in La Liga on Saturday.
Real's slim victory ensured leaders Barcelona must beat city rivals Espanyol on Sunday in Cornella to be able to clinch the title this weekend.
Marco Asensio broke the deadlock in the 70th minute with a deflected strike from distance in a game of few chances which did not get pulses racing.
Madrid's win saw them climb provisionally second above Atletico Madrid, 11 points behind Barcelona.
Real manager Ancelotti rotated heavily to keep his key players fresh ahead of the second leg battle with Pep Guardiola's City, following the 1-1 draw last Tuesday in Madrid.
Ancelotti lined up with just three of the side that started the first leg – goalkeeper Thibaut Courtois, Eduardo Camavinga and Fede Valverde.
Camavinga limped off in the final stages with knee pain sustained in a clash with Juan Iglesias, but Ancelotti said the French midfielder would not take long to recover.
"It's just a hit, it's a bit painful for him," Ancelotti told DAZN, hinting there were no worries ahead of the City match. "He's 20, he will recover very quickly."
The most excitement Madrid supporters had in the first half was the team presenting the Copa del Rey trophy they won last weekend in Seville to the Santiago Bernabeu.
Beyond that the opening period was devoid of action at either end, with Belgian forward Eden Hazard looking unsurprisingly flat on his first league start since September. A forgotten man at Madrid since his failed move from Chelsea in 2019, the 32-year-old winger showed no signs of life.
Ancelotti, disgruntled by his team's lacklustre display, brought on midfielder Toni Kroos for Ferland Mendy at half-time, moving Camavinga to left-back.
Getafe striker Borja Mayoral headed over when well-placed, letting his former side off the hook, and Madrid forward Asensio flashed a shot narrowly wide from distance.
Ancelotti sent on Vinicius Junior and Luka Modric to cheer up supporters and try to find a winner to keep his team's morale high ahead of the impending visit to Manchester.
Courtois produced a fine save to deny Iglesias from distance as Getafe hunted for points vital for their survival hopes.
However Asensio sent Madrid ahead with 20 minutes remaining when his shot from 20 yards deflected off Nemanja Maksimovic and past the helpless David Soria.
"I'm trying to take advantage of the chances the coach gives me," Asensio told DAZN. "We knew that it would be a tough game against a team that is strong defensively."
Vinicius tucked home a second for Madrid with a neat finish but the goal was disallowed for offside.
Asensio almost doubled his tally with a header from Kroos' fine cross but Soria pulled off an impressive save to deny him.
"The first half was tough, we were better in the second and with Marco's goal it went our way," defender Nacho Fernandez told DAZN. "Winning is always positive and now we have a very important 'final'."
The defeat leaves Jose Bordalas' Getafe 18th, in the relegation zone, level on points with Valencia, 17th, who visit Celta Vigo on Sunday.
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Manikarnika: The Queen of Jhansi
Director: Kangana Ranaut, Krish Jagarlamudi
Producer: Zee Studios, Kamal Jain
Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni
Rating: 2.5/5
SCHEDULE
Saturday, April 20: 11am to 7pm - Abu Dhabi World Jiu-Jitsu Festival and Para jiu-jitsu.
Sunday, April 21: 11am to 6pm - Abu Dhabi World Youth (female) Jiu-Jitsu Championship.
Monday, April 22: 11am to 6pm - Abu Dhabi World Youth (male) Jiu-Jitsu Championship.
Tuesday, April 23: 11am-6pm Abu Dhabi World Masters Jiu-Jitsu Championship.
Wednesday, April 24: 11am-6pm Abu Dhabi World Professional Jiu-Jitsu Championship.
Thursday, April 25: 11am-5pm Abu Dhabi World Professional Jiu-Jitsu Championship.
Friday, April 26: 3pm to 6pm Finals of the Abu Dhabi World Professional Jiu-Jitsu Championship.
Saturday, April 27: 4pm and 8pm awards ceremony.
The smuggler
Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple.
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.
Khouli conviction
Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.
For sale
A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.
- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico
- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000
- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950
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.”
