The trophy is, by definition, an object with no useful purpose except as a symbol of power, excellence or, in the case of trophy assets, wealth.

That’s not something that seems to worry Abu Dhabi. In the past couple of days, the emirate has bought Manchester City, the UK premier league football club, and set out plans to invest in movie production. Those investments will join a government-backed portfolio of assets that already includes two London restaurants, a stake in Ferrari, the sports car manufacturer, and control of Manhattan’s Chrysler Building.