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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Morgan Stanley in talks to sell part of commodities unit to Qatar

Posted on 05 October 2012

Morgan Stanley is in talks to sell a piece of its commodities-trading unit to a sovereign wealth fund from the Persian Gulf state of Qatar, a move that could help it avoid being hit by new proprietary trading rules while still retaining a piece of the lucrative business, according to a person familiar with the matter.
The talks with the Qatar Investment Authority have been underway for some time, but no deal is imminent and the talks could collapse, the person said. Officials at Qatar Holding, the overseas investment arm of the authority, could not be reached for comment………………………………………..Full Article: Source


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