Giannis Antetokounmpo managed his first NBA playoff triple double Saturday and the Milwaukee Bucks defeated Miami 120-103 to sweep the Heat out of the post-season in the opening round.
Greek star Antetokounmpo had 20 points, 12 rebounds and 15 assists to spark the Bucks, who were led by 25 points from center Brook Lopez and 22 more off the bench from Bryn Forbes.
Khris Middleton added 20 as the Bucks rallied from a 12-point first-half deficit to win the best-of-seven Eastern Conference series 4-0. They await the Brooklyn-Boston series winner in the second round.
"We've got to focus on ourselves, try to get better," Antetokounmpo said. "We want to get better defensively and whoever we get in the next round, we're going to be ready."
Antetokounmpo became only the third Bucks player with a playoff triple double after Kareem Abdul-Jabbar in 1970, when he was known as Lew Alcindor, and Paul Pressey in 1986.
The Heat, who lost to the Los Angeles Lakers in last year's NBA Finals, ousted Milwaukee in five games in the second round of last season's playoffs.
"We just tried to focus a game at a time," Antetokounmpo said. "We didn't want to play with our food."
Miami had not been swept in a playoff series since falling to Chicago in the first round in 2007.
The Heat dominated early, with Antetokounmpo missing his first six shots and Miami grabbing its biggest lead of the series at 58-46.
But Milwaukee opened the third quarter on a 24-6 run and the Heat could never match them after that.
"They played us really tough," said Antetokounmpo. "We kept our composure, we kept moving the ball, we kept defending and we were able to get a win."
Bam Adebayo led Miami with 20 points and 14 rebounds while Jimmy Butler had a triple double in a losing cause with 12 points, 10 rebounds and 10 assists.
It was the first game for the Bucks without guard Donte DiVincenzo, who was knocked out for the remainder of the playoffs by a torn left ankle ligament suffered in Milwaukee's game-three victory at Miami on Thursday.
"He's a big part of our game," said Antetokounmpo. "It's going to be tough not having him going forward but a lot of guys are going to step up for us."
- Nuggets 'played soft' -
Portland's Norman Powell matched a career playoff high with 29 points, hitting 11-of-13 from the floor to power the Trail Blazers over visiting Denver 115-95 to level their Western Conference series at two wins each.
CJ McCollum scored 21 points and Bosnian center Jusuf Nurkic added 17 for Portland while Serbian center Nikola Jokic led Denver with 16 points.
"The plan was to put a complete 48-minute effort out there," Powell said. "The focus was continue to compete hard."
The Trail Blazers led 57-47 at half-time and dominated the third quarter to pull away for good.
"Our starters were awful," said Nuggets coach Michael Malone. "I thought we had some guys that were tentative, that looked a little scared, who played soft."
Elsewhere, Joel Embiid scored a playoff career high 36 points as the Philadelphia 76ers breezed to a 132-103 victory over the Washington Wizards to seize a 3-0 lead in their Eastern Conference series.
The 76ers shot 58.6 percent from the floor and 51.5 percent from three-point range and can close out the eighth-seeded Wizards on Monday.
In the late game, Donovan Mitchell scored a game-high 29 points as the top-seeded Utah Jazz held on to beat the Memphis Grizzlies 121-111 in game three of their West series.
Mitchell scored 10 of his 29 in the final four minutes as the Jazz went on a 14-2 surge late in the game to take a two-game-to-one series lead.
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At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances
The specs
Engine: 3.5-litre V6
Power: 272hp at 6,400rpm
Torque: 331Nm from 5,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.7L/100km
On sale: now
Price: Dh149,000
The five pillars of Islam
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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About Housecall
Date started: July 2020
Founders: Omar and Humaid Alzaabi
Based: Abu Dhabi
Sector: HealthTech
# of staff: 10
Funding to date: Self-funded
The bio
Favourite book: The Alchemist by Paulo Coelho
Favourite travel destination: Maldives and south of France
Favourite pastime: Family and friends, meditation, discovering new cuisines
Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.
Favourite Author: My father for sure
Favourite Artist: Damien Hurst
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
UNSC Elections 2022-23
Seats open:
- Two for Africa Group
- One for Asia-Pacific Group (traditionally Arab state or Tunisia)
- One for Latin America and Caribbean Group
- One for Eastern Europe Group
Countries so far running:
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
UAE currency: the story behind the money in your pockets
India cancels school-leaving examinations
Tonight's Chat on The National
Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.
Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster who has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others.
Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.
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RESULT
Bayern Munich 3 Chelsea 2
Bayern: Rafinha (6'), Muller (12', 27')
Chelsea: Alonso (45' 3), Batshuayi (85')