Canoe returns to Hawaii after epic round-the-world voyage



HONOLULU (AP) — No modern navigation instrumentation guided a Polynesian voyaging canoe as it followed the horizon during a three-year journey around the globe.

About a dozen crewmembers for each leg of the voyage relied only on their understanding of nature's cues — ocean swells, stars, wind, birds— and their own naau, or gut, to sail across about 40,000 nautical miles (74,000 kilometers) to 19 countries, spreading a message of malama honua: Caring for the earth.

On Saturday, thousands welcomed the double-hulled canoe Hokulea home to Hawaii when it entered a channel off the island Oahu and tied up to a floating dock with iconic Diamond Head in the distance.

Ka'iulani Murphy, an apprentice navigator on the double-hulled canoe, said the successful journey taught her the value of ancient Polynesian maritime techniques.

"We really are sailing in their (the ancestors') wake," said Murphy, 38. "We had to re-learn what our ancestors had mastered."

The toughest part of the journey was dealing with cloud cover and trying to maintain the proper speed so the boat escorting the canoe could keep pace, she said, adding that she enjoyed eating the fish the crew caught during the journey.

Bert Wong came to Ala Moana Beach Park to celebrate Hokulea's homecoming — and to celebrate his son, Kaleo, a Hokulea navigator, according to Hawaii News Now.

"Just being here and feeling the mana (power) that's here, it's something to enjoy which brings tears to my eyes," Wong said. "This is so powerful."

The crew held a formal homecoming ceremony on Magic Island, which is in Honolulu, that included welcoming remarks from Gov. David Ige and Mayor Kirk Caldwell and a speech by Nainoa Thompson, a well-known master navigator, the Honolulu Star-Advertiser reported.

The voyage perpetuated the traditional wayfinding that brought the first Polynesians several thousand miles to Hawaii hundreds of years ago. The trip also helped train a new generation of young navigators.

Hokulea means star of gladness. The canoe was built and launched in the 1970s, when there were no Polynesian navigators left. So the Voyaging Society looked beyond Polynesia to find one.

Mau Piailug, from a small island called Satawal in Micronesia, was among the last half-dozen people in the world to practice the art of traditional navigation and agreed to guide Hokulea to Tahiti in 1976.

"Without him, our voyaging would never have taken place," the Polynesian Voyaging Society said on the website for Hokulea. "Mau was the only traditional navigator who was willing and able to reach beyond his culture to ours."

The epic round-the-world voyage that started in 2014 shows how far Hokulea has gone since its first voyage from Hawaii to Tahiti in 1976.

Disaster befell another voyage in 1978 when the canoe capsized off the Hawaiian island of Molokai in a blinding storm. Eddie Aikau, a revered Hawaiian surfer and lifeguard on the crew, grabbed his surfboard and paddled for help, but was never seen again. The rest of the crewmembers were rescued.

Crewmembers hope the success of the latest journey will inspire other indigenous cultures to rediscover and revive traditions. Thompson said he also hopes indigenous cultures can help with solutions to modern-day problems such as climate change.

Native Hawaiian ancestors were not only skilled navigators but good stewards of the islands who farmed and fished sustainably.

"They figured it out — how to live well on these islands," Thompson said. "And I think that is the challenge of the time for planet earth and all of humanity."

Crewmembers of the worldwide voyage were mindful to incorporate that into daily life.

Fish they caught for meals never went to waste, even when the crew once landed a 49-pound ahi, crewmember Naalehu Anthony, who participated in about half-a-dozen legs of the voyage, recalled in a blog post.

"The fish was plenty for us for the day," he wrote.

Crewmembers slept in plywood bunks covered with waterproof canvas and bathing was simple, recalled Russell Amimoto, a Hokulea crewmember for two legs.

"We have unlimited supply of nice, ocean-temperature saltwater available," he said, explaining that crewmembers threw a bucket attached to a rope overboard to scoop up water for bathing.

The voyage has had challenges and reaching South Africa in 2015 — the journey's halfway point — was the most dangerous leg because of complicated ocean conditions.

In February, a team of four apprentice navigators spotted tiny, remote Easter Island. Pinpointing the island that is also known as Rapa Nui at sunset was a major accomplishment because it is considered one of the most difficult islands to find using traditional wayfinding.

Last week the crew spotted the 10,023-foot (3,055-meter) high Maui mountain Haleakala looming in the distance, signifying Hokulea's official return to Hawaii waters.

After returning, Hokulea will embark on an eight-month trip sailing throughout the Hawaiian islands.

"We will go to as many as 70 communities and 100 schools to thank Hawaii's people and share what we have learned with their children," Thompson said. "We are also looking forward to hearing Hawaii stories of malama honua.

__

Associated Press writer Tarek Hamada in Phoenix contributed to this report.

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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.”

Europe’s rearming plan
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  • Create a savings and investments union to help companies access capital
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Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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Spending an excessive amount of time on the phone.

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