Arno Quinton Els and Greta Marie Otteson were found dead on Boxing Day. They were recently engaged. Photo: Greta Otteson / Facebook
Arno Quinton Els and Greta Marie Otteson were found dead on Boxing Day. They were recently engaged. Photo: Greta Otteson / Facebook

Deaths of couple who moved from Dubai investigated by police in Vietnam



Police in Vietnam are investigating the deaths of a British woman and her South African fiance who worked in Dubai before moving to South-East Asia.

Greta Marie Otteson, 33, and Arno Quinton Els, 36, were found on Boxing Day in separate rooms of their rented villa in Hoi An, an ancient town on Vietnam’s central coast. Cleaners at the Hoi An Silverbell villa found the bodies, with no signs of external injuries. The villa showed no evidence of forced entry or ransacking, according to provincial police.

Mobile phones and other personal belongings were left untouched, while Quang Nam Provincial Police have removed empty liquor bottles for analysis, according to reports. According to her LinkedIn profile, Ms Otteson worked as a social media manager in Dubai. Mr Els was reportedly a professional barista in the UAE until the end of 2023.

A report by Vietnam News said the couple had registered for long-term temporary residence at the tourist villa since July 4, 2024. An Instagram video showed they had recently become engaged to be married.

Tributes have been paid across social media. On X, a friend called Kelly posted: “Greta and Arno were such beautiful lights in this world, everything will be a little darker without them in it.”

A UK Foreign Office representative told The National it was “supporting the family of a British woman who has died in Vietnam and is in contact with the local authorities”.

There have been a number of deaths related to contaminated alcohol poisoning across South-East Asia in recent months. In November, six people died from suspected methanol poisoning after drinking contaminated spirits in Laos.

Tourists who fell ill after drinking at bars in Vang Vienna were staying at Nana Backpacker Hostel, whose manager and owner were arrested during an investigation into the deaths of a British woman, two Australian women, an American man and two Danish nationals.

Methanol poisoning has been a persistent issue plaguing backpacker trails across poorer nations along the Mekong river, despite government crackdowns. Methanol is normally used in industrial products from paint thinners to anti-freeze.

However, some makers of illicit liquor add toxic methanol to increase alcohol content cheaply, reports say. It can also be produced by mistake during backyard production of the alcohol found in beverages, scientifically known as ethyl alcohol.

Methanol is colourless and has a similar smell to the alcohol, but it can be deadly in quantities of just 25 millilitres. The effects can take up to 24 hours to appear, and usually include nausea, vomiting and abdominal pain that often escalates to severe respiratory problems if left untreated.

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.”

WITHIN%20SAND
%3Cp%3EDirector%3A%20Moe%20Alatawi%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Ra%E2%80%99ed%20Alshammari%2C%20Adwa%20Fahd%2C%20Muhand%20Alsaleh%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Hoopla%3Cbr%3E%3Cstrong%3EDate%20started%3A%20%3C%2Fstrong%3EMarch%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Jacqueline%20Perrottet%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2010%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%3Cbr%3E%3Cstrong%3EInvestment%20required%3A%3C%2Fstrong%3E%20%24500%2C000%3C%2Fp%3E%0A
MATCH INFO

West Ham United 2 (Antonio 73', Ogbonna 90 5')

Tottenham Hotspur 3 (Son 36', Moura 42', Kane 49')

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

 


 

Updated: January 06, 2025, 10:32 AM