Vonnie Eteaki Jknatto, the Hekari United manageress relaxes, briefly, at the Park Rotana hotel in Abu Dhabi yesterday.
Vonnie Eteaki Jknatto, the Hekari United manageress relaxes, briefly, at the Park Rotana hotel in Abu Dhabi yesterday.

Flying to the rescue - again



Superwoman wakes every morning at 4.45am. She requires no alarm.

By 5.30am, she and her fathomless energy reach the training ground for Hekari United FC in Port Moresby, Papua New Guinea, organising the 6am session. She works that session until 8am, when she and three helpers ensure that breakfast fortifies the 25 Hekari players inhabiting a four-bedroom house.

By 8.30am, the schoolteacher from the Solomon Islands home-schools her 12-year-old daughter until 3pm, save for a 30-minute break to check on team lunch. Players call her "Mums." She calls them "Son" or "The Boys".

"Manageress," the club calls Vonnie Eteaki Jknatto when sending rosters to the Oceania Football Confederation, but that is only because a standard page lacks the size to list counsellor, spiritual adviser, co-owner, personnel manager, co-business manager, equipment manager, disciplinarian, head chef, driver, sometime pastor (when her husband, owner John Kapi Natto, is on business), conduit to physicians, That Rare Woman Who Sits On The Team Bench During Football Matches and, OK, human courier.

"Human courier" came up just lately as the Oceania Champions League title-holders prepared to travel toward Abu Dhabi for the Club World Cup, which will begin tomorrow with Hekari playing Al Wahda.

Hekari needed proper football boots; the nearest proper football boots would be in Fiji.

The human courier flew the six-hours-and-then-some to Fiji, procured the boots, ensured proper sizes and returned fewer than 48 hours later. That is separate from glove runs when, she says: "I have to take my goalkeepers to the shop."

As Andrew Lepani, the captain, put it: "She plays a big role in everything we do." As he also put it: "She means a lot to us." And as he also put it: "Why should she not be on the pitch?"

There she is in the dressing room before matches, joining the coaches and team for prayer and final words, in her case always: "Believe in yourself."

There she was on the pitch embracing players in palpably emotional scenes from Auckland last May, when the six-year-old, semiprofessional Hekari finished surpassing New Zealand's Waitakere United to clinch passage to Abu Dhabi.

In fact, the indefatigable former member of the Solomon Islands national netball team graces Oceania pitches enough that she has received flak for it … zero times.

"It's the other way around," said Seamus Martin, Hekari's team administrator for the Club World Cup. "It's Vonnie giving the men a hard time."

So from 3pm to 4pm, Superwoman naps. (Phew.) From 4pm to 6pm the schedule reboots with a training session and the colossal cooking for about 30 - rice, fish, greens, sweet potatoes, bananas - at two vibrant tables.

"For me, after a week, I was exhausted," said Martin, who just signed on from the Oceania Football Confederation to aid Hekari.

From dinner, she shepherds players for any medical attention. Through the evening could come a Christian service or a hundred possibilities from being "24 hours on call for everything".

On and on it goes, and some players from villages or faraway islands even have resided with the Nattos as teenagers including, she said, "my skipper" and "my striker" and "one of my goalkeepers".

"I think that the players, we are very, very close," she said yesterday in the lobby of Hekari's hotel.

"Sometimes I deal with them individually because I know how they feel, especially when they're away from their wives, their children, their parents," as are those from Fiji (three) and Solomon Islands (two). "Sometimes it's hard being a mother and seeing them."

Sometimes, just thinking of her 15-year-old daughter and 14-year-old son away at school in the United States: "I have to hide away and shed tears," Superwoman said.

All the while, she said: "I'm very tough in my discipline. Very, very tough. It's good for them and it's good for football."

If the coaches wonder about acquiring a player, she demurs if she deems his character insufficient. Said Martin: "Players have come and gone because they didn't meet the standard."

She helps sort player "allowances," she said, as a semi-professional club does not do contracts. And - shhh, whispering here - sometimes "The Chief," as the players call Mr Natto, goes a notch soft on the players at, say, shopping malls, so Superwoman intervenes and sets boundaries.

So if Hekari United happens to beat Al Wahda, do think of Papua New Guinea's government ministers, for these leaders of a rugby-mad nation will hear from Superwoman about funding for football, as she reminds that Hekari train on a "gravel field".

And as this discussion figures to precede midnight, when Superwoman tends to sleep at last, those ministers really won't stand a chance.

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Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

Janet Yellen's Firsts

  • In 2014, she became the first woman to lead the US Federal Reserve 
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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.

“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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Based: Gaza
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